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Indian Economy

The Indian economy is expanding at a rapid clip. While the initial growth was led by IT and outsourcing sectors, in recent years the growth is more widespread. Service sectors like Telecom, Banking and Insurance and industries like Pharmaceuticals, Airlines, Hospitality & Real Estate have been contributing significantly to the overall growth.

India is a challenge never seen before

  • Population- Over a billion people
  • Number of mother tongues 1652
  • Languages spoken by at least a million people 24
  • Adult Literacy rate60%
  • People below poverty line 230 Million
  • Per capita income of $720
  • GDP of ~ $775B

India is also an opportunity never seen before

  • GDP Growth rate ~ 8% for last three years
  • Mobile Subscribers 250 million today, projected 350 million by 2010
  • Credit uptake growth of 37%

With a rapid expansion of theeconomy & its integration with global business, interest in the Indian economy is at a peak. This is reflected in growing business travel to India . Numerous student groups and trade delegations have visited or are planning to visit in the near future. Indian industry and academia have taken the lead in giving these groups an understanding of local practices, challenges, risks and opportunities.

Travelmasti Study Tours (a division of Travelmasti Holidays Pvt. Ltd) helps arrange student & business delegation group visits to India . For an outsider, India can be a complex country to navigate and therefore you need a partner who understands both the business environment & travel logistics in India.

Where to go - While Mumbai is the financial capital and headquarters for most Indian conglomerates, Bangalore and Hyderabad are more popular IT destinations. BPO is centered in Gurgaon (a satellite city next to Delhi ), Hyderabad and other cities.

 

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"We felt we really had to write to express our appreciation to your Team for arranging our wonderful holiday. We were very impressed with your commitment to problem solving and attention to detail. Your attitude is really refreshing at a time when mediocrity often appears to be the norm.

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