India is currently one of the most interesting growth markets in Asia, and therefore worldwide. In a report published by Deutsche Bank, India is predicted to become the fastest growing economy in the world by 2020 (ahead of China). Already in terms of purchasing-power parity, it ranks fourth worldwide.
India's gross domestic product grew by 9.2% in 2006/2007. Gross investment in the last economic year accounted for 33.8% of GDP. Demographic trends, rising investment in education and infrastructure, as well as increasing integration into the global economy are all having a particularly favourable effect on India's growth.
In the midst of a huge future market - with Analytica-Anacon
| India's demand for analytical instruments and laboratory technology and for biotechnology is increasing by leaps and bounds. The forecasts for the individual sectors are impressive. Growth rates of up to 50% a year and estimated sales of US$2.5 billion in biotechnology alone, growth rates of almost 30% in bioinformatics and around 12% in laboratory medicine suggest considerable export opportunities - Pharmaceutical growth of 20% is also one of the highest in the world. |
 |