Investment Opportunities in the Growing Indian Industrial Sector

India is expected to increase its growth rate to 9-9.5Furthermore, US Agency for International
per cent during 2013-15 on the back of continuingDevelopment (USAID) through its clean-tech energy
structural reforms, globalisation and a sterlinginitiatives is exploring the potential of investing in India
demographic dividend, according to a report byby partnering stakeholders and mentoring and
Morgan Stanley. These projections act as a catalystworking with the policy makers. Similarly, IBM
in showcasing the quantum of investmentannounced that HPCL- Mittal Energy Limited (HMEL)
opportunities in India. Similarly, the senior economistshas selected the company as its strategic partner in
opine that the Indian economy may have expandedthe design and implementation of a state-of-the-art
at close to 9 per cent-in the three months from Aprilmanufacturing execution system (MES) for their zero
to June 2010-its fastest pace in more than tworesidue refineries at Bathinda, Punjab, thereby
years, driven by high industrial growth and increasedrepresenting yet another foray of Indian investment
private investments.opportunities.
Investment opportunities in India have resulted in anFurthermore, investing in India especially with view to
overall growth in various industrial sectors. Kaushikmedical tourism in India is expected to grow to US$
Basu, Chief Economic Adviser to the Ministry of2 billion by 2012, according to a report from McKinsey
Finance, had forecasted that the Indian economyand CII. The Indian economy would grow to USD
would grow close to 9 per cent in the first quarter of1.72 trillion in 2011-12, moving closer towards the USD
2010-11. Highlighting the infrastructure sector in March2 trillion marks, according to an assessment by the
2010, the Planning Commission had said that IndiaPrime Minister's Economic Advisory Council (PMEAC).
investment opportunities in the infrastructure sectorThe Indian economy grew by over nine per cent for
in 2010-11would be close to the target of US$ 500three years in a row from 2005-06 to 2007-08 and
billion (Rs 20 lakh crore).expansion was maintained by industry and services
Foreign direct investment (FDI) trends lucidly presentsectors.
the growing Indian investment opportunities by theMoreover, giving impetus to the India investment
overseas investor. Various foreign firms acrossopportunities for overseas investors, Mr Anand
different industrial sectors are on a look out forSharma, Union Minister for Commerce and Industry, in
investment opportunities in Indian market. Giving athe annual supplement to the Foreign Trade Policy
boost to the Indian economy auto sales grew 31.5(FTP), has unveiled various export policy support
per cent in July 2010 over the corresponding periodmeasures covering labour-intensive segments such as
last year, as per data released by the Society ofleather, handloom, and handicrafts, and some
Indian Automobile Manufacturers (SIAM).engineering sectors.