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According to FICCI, India FMCG sector is all set for 16% growth during 2008-09, from a base of INR85,470 crores. CRISIL expects the FMCG sector to touch INR 1,40,000 crores by 2015 (US$33.4 billion). An increase in disposable income, across rural and urban consumers, has led many rural consumers to shift from traditional unorganized unbranded [...]
The Consumer Electronics Association (CEA) expects demand for consumer electronics products to slow in 2009 on account of the worldwide economic downturn.Hhowever, it would still outperform other industries. Retail sales of consumer electronics are estimated to increase 4.3% year-on-year to $724bn in 2009 from $694bn in 2008. However, growth would be slower relative to the [...]
According to a press release by GroupM (a leading global media investment management operation that serves as the parent company to WPP media agencies including MAXUS, MediaCom?, Mediaedge:cia and MindShare), advertising expenditures in all media throughout India will increase 20% in 2008 to $5.6 billion and 19 percent in 2009 to $6.6 billion. A new [...]
A report by FICCI – PwC on Indian Media (2008), reports that the size of the Indian Media and Entertainment industry was Rs. 513 bn ($12.8 bn at conversion rate of 1$ = Rs 40) in 2007 and expected to grow at 18.3% CAGR during the period 2007-11. Television (Rs. 226 bn) and print media [...]
The number of foreign tourists visiting India has increased from 2.29 mn numbers in 1996 to 5.08 million numbers in 2007. India’s foreign exchange earnings from tourism are reported at $10.73 billion in 2007. Foreign tourist arrivals in the first six months of 2008 are estimated to be around 2.72 mn numbers. (Source: Ministry of [...]
London, Friday, February 08, 2008 ARANCA News Report (www.aranca.com) :Japan’s core machinery orders dipped for the first time in five years during 2007, prompting fears that concerns in the US are impacting on the Japanese economy. Government figures show that the private sector’s machinery orders dropped by four cent over the course of the year, [...]
