Indian market 2011-2012: Trends

Here are the synopsis from the detailed report published by ‘Economic Advisory Council to the Prime Minister’ on the ‘Economic Outlook for FY 2010-2011' in India

The performance of the Indian economy in 2009/10 greatly exceeded expectations. It is the assessment of the Council that the Indian economy would grow at 8.5 per cent in 2010/11 and 9.0 per cent in 2011/12. In the current fiscal year, agriculture will grow at 4.5 per cent, industry at 9.7 per cent and services at 8.9 per cent.

The global economic and financial situation is recovering slowly.  It is hard to visualize strong economic growth in the advanced economies in 2010 and to a large extent in 2011. The implications of this, for India’s strategy to return to the 9.0 per cent growth trajectory, are that public policy must promote business confidence and facilitate increased investment.

In 2008/09 the investment rate fell on account of the drawdown of inventories. This trend has reversed and the Council expects the investment rate to be higher at 36 per cent (of GDP) in 2009/10, rising to 37 per cent in 2010/11 and 38.4 per cent in 2011/12.

Overall, we expect GDP arising in the industrial sector to expand 9.6 per cent in 2010/11, rising to 10.3 per cent in 2011/12.

So Year 2011/2012 is going to be good for Indian Investment Markets and Investiment Markets will be growing!!!

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