15.11.10

India rising

1 India is among the Top 10 FDI hotspots in the world. The cumulative FDI inflows from
1991 till August 2010 have been $137 billion. India attracted a whopping $6.1 billion from FIIs in October 2010, taking the total inflows in 2010 to $24.5 billion

2 The combined networth of 100 richest people in India, according to Forbes magazine, is $300 billion, which is equivalent to the GDP of European countries like Denmark, Greece and Finland

3 Mumbai is the fourth most expensive city in the world and office space rentals in New Delhi’s business district Connaught Place are the 11th highest in the world, according to CB Richard Ellis

4 There are about 500,000 golfers in India. More than 30% of India’s estimated 250 golf courses were launched in the last five years. The size of India’s luxury retail industry was estimated at $4.76 billion in 2009, according to a CII-AT Kearney report. Volkswagen Group recently launched India’s most expensive car with a price tag of 16 crore

5 India has the sixth largest gold and dollar reserves worth $284 billion in 2009, according to the World Bank. This is way ahead of Brazil, Germany, UK, Italy and France

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