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Emerging Facts of India Economy

The complete central time zone which can be explained in the India Economy:
If companies can deliver services to different regions of the world from a single location! India’s Geographical location offers this advantage leading to the very lower cost of operation, management & delivery, better to say everything. Services in Singapore and Hong Kong can be delivered by starting early in the morning, late evening shifts in evening to serve in UK & some European countries while the night working shifts perfectly match the timings of US to serve clients there.

India, which is becoming organized in trades and Investments:

The growth in number of companies listed on BSE is a significant indication of Indian industry becoming more organized. The companies in several places whether it is health care, real estate, manufacturing, service, IT, hospitality, or retail have shifted from unorganized to organized space. This transition is expected to become even fast paced.

The transparency levels across the investment horizons are also improving according to the JLL Transparency Index 2014 which is undergoing finalization. The transparency improvement in the preliminary findings of the index is better than even the Asia Pacific average.
The facts such as IBM which entered India in 2003 have grown its employ strength in India by 16 times from just 9000 in 2003 to 150000 in 2014. This is one third of total work strength of IBM across the globe. Accenture added more than double employees from about 32000 in 2007 to around 85000 in 2014, Ericsson India employee strength of about 19000 accounts for 16% of its global workforce. Some UK and Germany based financial institutions in India have also added significant number of employees in past few years for their back office and off shoring operations. Companies headquartered in USA today, occupy almost half of the office supply in India while Europe based corporate occupy 14%.

The Union Budget in 2014 announced on 10th July has also indicated that there are lots of new infrastructure projects and improvements are coming in India. The things such as available office space stock, office absorption and supply rate, improved transport infrastructure well placed hospitality industry, growth in foreign travelers, development of industrial corridors and improvement in physical & social infrastructure are the clear indication that India is a perfect investment destination for foreign corporate.

Very low cost of real estate
Ask any Indian who do not have any knowledge about the international real estate prices, his answer will contain the words/phrases “huge, almost impossible to afford, skyrocketed, 10 times, not for common man”. But the prices have gone up considerably in past decade but it is still cheaper than most other developed countries. To be specific, office space in Banglore, India’s fastest growing office market, is available at about 85% less cost than Tokyo. In the list of world’s costliest cities for office rental, Bangalore, which stood at 21st place while Delhi and Mumbai feature at number 10 and 11 respectively?