Opportunities for PA Exporters in the Indian Market

Why India?

1 – India is the fastest growing economy in the world!

Per the International Monetary Funds’ World Economic Outlook July 2019 report:

  • India’s economy is set to grow at 7% in 2019, picking up to 7.2% in 2020
  • China’s growth is forecast at 6.2% in 2019, over 6% in 2020
  • World GDP growth is projected at 3.2% in 2019, 3.5% in 2020

2 – Size of India’s Economy:

  • India is the 6th largest world economy based on nominal GDP in 2017
  • India is the 3rd largest world economy based on GDP measured in PPP terms in 2017

3 – Favorable Demographic Profile

4 – World’s Largest Democracy

5 – Rising personal incomes and higher disposable incomes. Urbanization and expanding emerging cities are driving consumption growth.

6 – English Language Widely Spoken

India’s rapid economic growth means growing opportunities across all sectors. Here are a few potential growth sectors:

  • Infrastructure
  • Defense
  • Retail, Food, Drink and Logistics
  • Biotechnology
  • Digital Innovation
  • Education & Skill Development
  • Environmental Technologies
  • Manufacturing
  • Mining

Register