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Factbox

August 08

GDP
India’s GDP at 9.4 per cent was the second fastest growing GDP after China in 2007-08

FDI
As per the RBI, India’s actual outbound foreign direct investment (FDI) in 2007-08 was an estimated US$ 17,436 million, an increase of 29.6 per cent over US$ 13,454 million in the previous fiscal

Funding
Government funding for the research and development in the nano technology sector is mere 7 million dollars even while smaller countries such South Korea is spending around 233.5 million dollars

Deal tracker
As per the latest TPI index, the number of deals touched a 10-yr high in H1 ‘08, this is attributed to the 282 contracts valued at nearly $49 billion in Total Contract Value (TCV), and nearly $10 billion in Annualized Contract Value (ACV)

IT and GDP
According to Evalueserve, the booming IT industry is expected to account for 8.05 per cent of the country’s GDP by 2015-16, compared to 2.86 per cent in 2007-08

ICT penetration
The penetration of ICT is between 17-20% in the MSME segment, the total size of which is estimated to be 35 million units spread across the country

M&A and PE deals
The total value of deals (M&A and PE) announced in the first half of 2008 was $24.62 billion as against $50.75 billion and $19.4 billion during the first and second half of 2007 respectively. Average Indian M&A deal size was $64.4 million, while the average Indian PE deal size was $38.17 million during the first half of 2008, according to a study by Grant Thornton – Deal Tracker July, 2008

Green IT
About 85% of IT professionals surveyed for a Forrester report stated that environmental factors were important in planning IT operations, but only one-quarter of these had put the green criteria in their company’s purchasing processes. Only 15% of the IT professionals have a high level of awareness about their vendors green initiatives, which points at the lack of awareness among the entire community.

Rupee Value
The value of the Indian Rupee against the US dollar has fluctuated from Rs. 39.13 on February 1, 2008, to touch Rs. 39.88 on April 1 2008, risen to Rs 43.08 in July 1, 2008 to Rs 42.49 on July 31 2008 and was at Rs 43.68 as of August 25 2008.

Business Intelligence
India’s market for business intelligence (BI) platforms grew by 35.6 per cent in 2005-06,making it Asia’s fastest growing BI geography

IT & Healthcare
The Indian healthcare IT market is the fastest growing in Asia - with an expected growth rate of 22 per cent

Growing economy
According to a PriceWaterhouseCoopers report, India could grow to almost 90 per cent of the size of the US economy by 2050

E-commerce
India’s e-commerce market is expected to touch US$ 2.33 billion by FY2007-08, as per a survey

M&A
India has recorded a 126 per cent jump in the amount spent on merger & acquisition (M&A) deals outside the Asia-Pacific region

Internet Users
India’s internet user base grew by over 40 per cent to touch 46 million in September 2007 from 32.2 million in the same month last year

FDI Confidence
India at second place in AT Kearney’s 2007 FDI Confidence Index, continues to attract investors in the high value-added services industries like financial services and information technology

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