analyticaindia.com
India - a promising market
analyticaindia.com

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.

 


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