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The Indian Manufacturing and Execution System (MES) Market is above US$ 30 million and will grow at a CAGR in excess of 18 percent from 2010 to 2016 says Frost & Sullivan in a 2010 report.
The Consumer Electronics and Durables sector is in India is a Rs.30,000 crores industry.
Refrigerators registered a 30 % growth with total sales of 1.7 million in Q2, 2010 and in Q2 2009 1.3 million units were sold.
The Consumer Electronics and Durables sector is in India is a Rs.30,000 crores industry.
In Q2 2010 estimated total no of LCD televisions sold were 0.6 million vs 0.3 , million units in Q2 2009 in India. CEAMA expects LCD TVs to surpass CRT TVs in sales by 2012, while CRTs will have a continued demand from low-penetration areas. AV market is majorly impacted by 3-D LED’s and Blu-Ray [...]
Takaful (an Islamic insurance concept based within Islamic banking law) is booming, fuelled by high economic growth, a young population, and a desire to conform to Islamic law. As per an Ernst & Young report, in 2006 the GCC contributed US$1 billion towards the global Takaful market total of US$2 billion. According to Ernst & [...]
GCC financial institutions and industrial companies are soon set to issue Islamic bonds worth US$30 billion, according to Moody’s Investor Services. The Islamic bond issues fell by more than 50% in 2008 compared to 2007. The value of bonds issued in 2008 was just over US$15 billion, while in 2007 it amounted to more than [...]
According to a research conducted by Merrill Lynch and Capgemini, the total wealth of high-net-worth individuals in the Asia-Pacific region is expected to grow by 8.5% per annum to reach US$12.7trn by 2011. This would be the second-fastest increase after the Middle East, thereby making it highly lucrative for Islamic banks. Islamic banks are performing [...]
According to Celnet, globally, Islamic banking assets are estimated to touch the range of US$ 650 billion-US$700 billion and have registered a growth rate of 10–15% per year over the last decade. As per Celent estimates, Islamic banking assets will continue to grow and will represent 5.1% of total banking assets by 2010. The Middle [...]
According to a study conducted by Asian Banker research group, the world’s 100 largest Islamic banks have outpaced conventional banks with an annual asset growth rate of 26.7%. The Islamic institutions registered a growth to approximately US$350 billion in assets, crossing the 19.3% growth rate of mainstream banks. This growth rate is above previous estimates [...]
