India is the fifth-largest economy in terms of purchasing power parity. A reservoir
of highly skilled manpower where English is the principal language of commerce, India
provides a supportive environment for local and international businesses.
India is the world biggest democracy with a population of 1,1 billion people, which of
300 million considered middle class with considerable good buying power and a 15 million
wealthy upper class.
According to the estimates by the Ministry of Statistics and Programme Implementation,
the Indian economy has registered a growth of 7.4 per cent in 2009-2010, with 8.6 per
cent year-on-year (y-o-y) growth in its fourth quarter. According to the BRIC report,
published by Goldman Sachs, India will be the second largest economy after China
by 2043. India is often seen by most economists as a rising economic superpower and
is believed to play a major role in the global economy in the 21st century.
The current socio-economic climate has opened up many opportunities for business development
and it is here Arquata found its niche.
Arquata AB is a management advisory service facilitating trade between the Scandinavian countries and India. We provide guidance to Scandinavian and Indian companies in entering new markets, strategy execution, finding and managing vendor partners, and establishing overseas offices.
e-mail: robert.olsson@arquata.se
Solvägen 4
24035 Harlösa, Sweden
mobile: +46 (0)70 6059091