India is one of the fastest growing major economies and continues to register a strong GDP growth, despite global challenges. With its vibrant and expanding consumer market, India is slated to be the world's 3rd largest economy by 2030.
Top Line figures:
· By 2030 India is projected to be the 4th largest global importer, up from 8th in 2019.
· By 2030, it is projected that India will account for $1.567 trillion or 3.9% of global imports.
· India is projected to surpass China as the world’s most populous country by 2027 and by 2050, India’s urban population will nearly double to reach 814 million.
India’s concerted effort to attract private investment, push for major infrastructure development, and improve the ease of doing business is helping to fuel India’s growth. The government’s business-friendly reforms have paved the way, with a Goods and Services Tax regime for a unified market, easier access to credit and streamlined processes for new businesses.
Economic reforms, a high growth rate and an expanding middle class make India a compelling market for Northern Ireland businesses, with opportunities across a range of sectors.
Our Spotlight on India event at the Crowne Plaza, Belfast on Wednesday 1 March, 10:30-13:00 will highlight the current opportunities and challenges for Northern Ireland businesses in the market. It will showcase the latest in-market macroeconomic trends and provide insight into a select number of sectors, challenges, and potential obstacles for entering the market.
10:30-11:00 – Registration and Refreshments
11:00-11:10 – Opening Remarks
11:10-11:20 – The Indian Market
11:20-11:40 – Indian Market Opportunities
11:40-12:10 – Panel Discussion
12:10-:12:25 – Q&A
12:25-12:30 – Closing Remarks
12:20-13:00 – Networking and Light Lunch
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