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Connecting India :Transport and Challenges Briefing Report examines the Changing dynamics of India's Economy and identifies what challenges and opportunities are consequently materialising.
This analyses all aspects of India's economic growth, in particular the key factors prompting the current steady growth as well as future prospects and potential hurdles. Such areas include India's: economy and demographics, ports, shipping and trade, hinterland, cold chain and air freight.
The new China?
While China's economic developments have dominated global headlines, India's own growth has certainly been impressive, with GDP rising 5% pa on average since 1990. India is therefore primed to follow China as the next low-cost manufacturing super-power.
Similarities end there, however, as Indian's development model will be very different to that of China, with the pace and nature of economic growth being shaped by an inclusive, consensual approach to reform and liberalisation.
Value in exports
As India's export mix moves up the value chain to include increasing volumes of higher value products, the greater the need for an efficient and low cost supply chain that can move goods to international markets swiftly and reliably.
Highlighting this, despite India's exports almost doubling in value (1995-2004), its share of world exports only rose from 0.6% to 0.9%. The inadequate physical infrastructure represents a key obstacle to faster economic growth - possibly constraining GDP by up to 2 percentage points a year.
India has a golden opportunity to significantly increase its participation in the global economy providing it overhauls its transport infrastructure and streamlines it logistics processes.
Complementing long-standing, comprehensive annual reviews and reports covering key maritime sectors and service areas these NEW Briefing Reports do more than keep you up-to-date with what's happening in your industry; they provide concise maritime intelligence. Ideal for any organisation involved in maritime business activities, Briefing Reports deliver the latest, specialist information at your fingertips.
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