Private Consumption and Retail

The country's dynamic retail landscape presents a grand opening to investors from across the globe, to use India as a strategic business hub. With the changing face of retail, the indian consumer is in for a rapid transformation. With retail spending growing at a double digit, the current prices are scaling up. The share of organised retail was expected to be 5.9% in 2007,but this modern retail segment grew at the rate of 42.4% in 2007 and is expected to maintain a faster growth rate over the next 3 years, especially in view of the fact that major global players and Indian corporate houses are seen entering the fray in a big way. Consumer spending is ultimately pushing the economy into a growth and liberalisation mode. The indian market is becoming bolder day by day with the economy now expected to maintain its growth at over 8-9 percent and average salaries being hiked by about 15%, there will be lot more consumption.

Public private Partnership

What is PPP all about? It is called the public private partnership. As there is not much scope in creating more high street within cities, government needs to explore public private partnerships for regenerating district centres, office complexes, railway spare land, post offices etc. There should be restriction of developing multi storeyed malls in new cities and new city planning needs to create spaces for more high street concepts for future developments. PPP can effectively work on improving the cooperatives with facelifts and vendor management, neighbourhood markets, colloboration to use spaces and resources of banks, railways etc. Also it can work on corporation and state authorities owned office complexes.

Its crunch Time

There are number of financial firms and institutions going bankrupt in western economies and the regulators in those places are trying to formulate plans to ensure the too-big-to-fall variety dont go under. The banks and other financial firms are facing threats that can halt their astounding growth. But it seems that there wont be any kind of collapse of the large financial institutions in India. This is because the RBI is having a close watch on the developments and also on the current scenario. They concentrate mainly on markets, inflation and credit. And as news on the global housing and mortgage markets gets worse, they may have a cause for worry.

Healthy investment climate

India has been sailing smooth in reforms. India can be proud of having put in place some of the most widely accepted corporate ethics like labour laws, child labour regulations, environmental protection lobby, intellectual property rights and social responsibility and major tax reforms including implementation of VAT, all of which make India a perfect destination for business expansion. In terms of international tourist spending, India is the fastest growing market in Asia pacific, according to a release. The economy has been growing at about 9% a year which shows that India's growth rate can actually exceed that of china by 2015.