Monday, February 18, 2008

When ‘real’ growth is what you desire, you need to face ‘reality’!

In India’s fast-growing economy, real estate has emerged as one of the most attractive investment areas for domestic as well as foreign investors. Research estimates that Indian Real Estate market is expected to grow from the current $14 billion to $102 billion in the next 10 years. As per ASSOCHAM, the booming real estate market will gain momentum and is likely to attract foreign investment worth Rs.80 billion in Where the eaglesdare to soar...2007.

The main growth thrust is primarily due to favourable demographics, increasing purchasing power, existence of customer friendly banks & housing finance companies, professionalism in real estate and favourable reforms initiated by the government to attract global investors.

The country has had three good fiscals of growth and currently is clocking a 9% growth rate. Add to this a pre-disposed government focused on strengthening India’s socio-economic fabric through continuous reforms and liberalization charter. Additionally there is a huge focus on developing the social and physical infrastructure of the country including roads, airports, bridges, SEZs, cities and integrated townships.

For Complete IIPM Article, Click here

Source:
IIPM Editorial, 2008

An
IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Tuesday, February 05, 2008

Extracting India!

Remember your class 7th Geography text books & all that effort to learn by rote about the Zinc, Copper & Bauxite deposits in various parts of the country. As kids, we oft en complained & questioned the practicality of learning the boring India's Resourcesdetails about those metals. Little did we realise then, that it is the abundance of these very metals which make a country of teeming poverty, look rich (India produces89 minerals, of which, 4 are fuel minerals, 11 metallic, 52 non-metallic & 22 minor minerals).

To help India realise its full mineral exploitation potential, Union Government’s Group of Ministers has prepared a Draft National Mineral Policy 2007, which is to be placed before Union Cabinet & later in Parliament.



For Complete IIPM Article, Click here

Source:
IIPM Editorial, 2008

An
IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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