Page 12 - ar2012

Attractive fundamentals
IMMENSE POTENTIAL
Macro Overview
Large economy
India is world’s third largest economy by purchasing power parity.11
Fast economic growth
India GDP grew 7%11 in the fscal year ended 31 March 2012 and forecast to
grow 7.0% in 2012.12
Anchored by rapid information technology, offshoring, and
outsourcing growth
For example, IT-BPO export revenue forecast to grow 16% annually in 2012.13
Rising income levels
Gross national income per capita grew 8% in last fve years.14
Cost competitive operating and stable business environment.
Large and young population providing a deep pool of skilled labour force.
Salary for IT/software engineer, developer or programmer.15
COUNTRIES
India
Malaysia
Hong Kong
China
Singapore
Japan
UK
US
Australia
US$ (p.a.)
7,893
19,677
24,603
25,229
37,458
50,099
53,916
69,511
74,993
11 Source: IMF World Economic Outlook, April 2012.
12 Source: Reserve Bank of India.
13 Source: NASSCOM.
14 Source: World Bank GNI per capita, PPP from 2002-2006 to 2007-2011.
15Source: PayScale (provider of global online compensation data), March 2012.
10 POSITIONED FOR GROWTH