• Contract Research market in India valued at $100-120 million
• Growth rate of this sector: 20 -25% year on year
• Market size for contract research in the nearest Asian competitor, China: about $23 -28 million
• Pfizer Inc., world's largest pharmaceutical company has made a cumulative investment of $13 million in clinical trials in India.
• Eli Lilly and Company, a global pharmaceutical company has started simultaneous clinical research projects across 40 hospitals in India.
• Other companies in the fray include SIRO Clinpharm, one of India's first contract research organisation Wellquest, the independent clinical research division of Nicholas Piramal India Limited and Ranbaxy Laboratories Ltd., Indian pharma research & pharmaceutical company India.
• Matrix laboratories Ltd. engaged in the manufacture of Active Pharmaceutical Ingredients (APIs) and Solid Oral Dosage Forms has diversified into this business. This diversification helped the company’s revenue grow to $10 million, registering a growth of 500%.
• Chembiotek Research International a high end integrated contract research organization located in Kolkata, capital city of the North-Eastern state of West Bengal, India have increased their research facilities. In addition to their Kolkata centre they have started full fledged operations in Pune, a historical city located in the western Indian state of Maharashtra.

• Printed Circuit Board assembly and Original Design Manufacturing set to grow to $2.5 billion by 2010
• Much of this growth is because of the increasing demand for telecom equipment like mobile handsets.
• The demand in turn is prompting global electronics manufacturing service providers like Flextronics International, Jabil Circuits, Elcoteq SE and Soleqtron, to establish manufacturing bases in India.
• Hon Hai Precision Industry, the largest manufacturer of connectors for use in PCs in Taiwan and San Jose, California headquartered, Sanmina-SCI leading electronic manufacturing service provider Sanmina-SCI are in the process of setting up their units.
• Jabil Circuits has plans to invest up to $100 million in India over the next few years
• Domestic companies like TVS Electronics, Chennai, capital city of the south Indian state of Tamil Nadu-based computer peripherals manufacturer are also expanding their operations.

• Total sales of Maruti Udyog, the largest car company in India, in September 2006: 59,420 units (up 20.6% from 49,278 in September 2005)
• Total sales of Tata Motors, the largest automobile company of India, in September 2006: 49,157 units vs 39,707 in September last year, up 23.8%
• Passenger car sales by Tata Motors in September 2006: 18,609 units, up 15.7%
• Total sales of Hero Honda, the world’s largest motorcycle company, in September 2006: 301,577, up 13.3% from 266,071 in September 2005
• Total sales of Bajaj Auto, India’s second largest motorcycle company, in September 2006: 300,141 units, up 38% from September 2005
• Bike sales of Bajaj Auto in September 2006: 271,377 units, up 50% from September last year

India’s bio-tech sector is growing at 37.42% and inched closer to $1.5 billion in revenue during 2005-06. The bio-pharma segment still dominates this sector with $1 billion in revenue. The Indian bio-tech sector is likely to generate more than a million jobs in agriculture, pharmaceutical and medical segments by 2010.

India is likely to capture around 15% of the more than $54-billion knowledge process outsourcing (KPO) industry worldwide by 2010 from the current 5%. It is estimated that the total market size of KPO business in India may rise to $15.5 billion, up from $1.2 billion now. Also, there will be a 45% growth rate in the Indian KPO segment vis-à-vis 25% in the business process outsourcing (BPO) segment. The KPO industry will generate 250,000 jobs in the next five years.

The total U.S. legal offshoring business amounts to $25-billion and India is well positioned to tap this sector. India can earn the combined revenue of $4.7 billion from U.S. private law firms and corporations by 2011-12. About 33,000 more lawyers are needed by law firms to achieve this target, while there are only 50-60 LPO firms employing 700 lawyers currently. The current legal offshoring content of the Indian LPO industry is worth $60-$80 million.

India’s software and services exports, including IT-Enabled Services (ITeS), has increased by 32.29% to about $6.4 billion (Rs. 29,500 crore) in April-June quarter as compared to the same period last year. Export of computer software and services including ITeS is expected to rise by 33% during financial year 2006-07 to about $30.5 billion (Rs. 140,000 crore) as compared to about $22.8 billion (Rs. 105,000 crore) during 2005-06.

The Indian IT sector has maintained its high growth of 33% in 2005-06 by clocking total turnover of about $35.5 billion (Rs. 164,000 crore). India’s software and services exports registered a growth rate of 33% to reach $17 billion (Rs. 78,134 crore) in fiscal 2005-06; while Indian IT exports grew at 36% during the same period to touch the mark of about $23.5 billion (Rs. 108,511 crore). Tata Consultancy Services (TCS), India’s largest IT services company remained at number one position with its revenue growing by 40% to $2.5 billion (Rs. 11,595 crore). TCS was closely followed by Infosys Technologies, country’s second largest IT services company which posted a 32% growth to clock revenue of about $2 billion (Rs. 8,977 crore) in 2005-06.

The number of online shoppers is growing faster than the growth of the Internet in India. The number of Indians shopping online grew 42% in the year 2005, compared to the 22% growth in the number of Internet users. Roughly one fourth of the total user base i.e. 5.9 million internet users, did online shopping last year to spend an estimated $0.8 billion (Rs. 4000 crore). Approximately, 66% online buyers shop from home and account for more than half (56%) of the total online spend in India. 59% of the internet users came from middle-to-low income group, and about half were from outside the top eight cities, signaling that the Internet is now becoming a mass medium in India. More than 40% Internet users preferred an Indian language website. Cyber cafes were the access point for 46% users.

Exports of Indian IT services and IT-enabled services (ITeS) have grown 33% to reach $23.6 billion during 2005-06 (FY06), up from $17.7 billion in FY05. Of the total exports in 2005-06, IT software and services grew by 33% to $17.3 billion, while exports of the business process outsourcing (BPO) industry grew 37% to $6.3 billion. By the end of the financial year 2006-07 exports of software and services will increase to $21-$22 billion, while BPO exports will touch $8-$8.5 billion. The overall growth of the industry, including both exports and the domestic market, registered a 31% increase to reach $29.6 billion, up from $22.5 billion in 2004-05.

The overall Personal Computers shipment grew at 30% to cross 4.6 million units, in the year 2005-06. Interestingly, as a trend-reversal, consumer desktops grew at 33% compared to 15% growth in commercial desktops. Total Desktop PCs sales grew 21%, while Notebook PCs shot up by 168%.

The Indian information technology-enabled services (ITeS) industry is poised to touch $10 billion by 2006-07 and $26 billion by 2009-10. Corporates are expected to continue outsourcing many of their labour-intensive business process service tasks to developing countries like India to gain cost savings and quality advantages. The demand growth in the ITeS industry is likely to be export-led, with the domestic market also expected to grow at a rate in excess of 50%. However, lack of good infrastructure is the biggest challenge which the ITeS industry in India is facing.

• Reach of the press medium (dailies & magazines): 222 mln readers (up from 216 mln)
  • Number of press medium readers in urban India: 112 mln
  • Number of press medium readers in Rural India: 110 mln
  • Reach of dailies: 203.6 mln (up 12.6 mln from 2005)
  • Reach of magazines: 68 mln (down from 75 mln)
  • Reach of satellite TV: 230 mln (up from 207 mln in 2005)
• No. of homes with cable and satellite (C&S) access: 68 mln (up from 61 mln)
• Reach of FM radio: 119 mln (55% up from 76 mln in 2005)
• Reach of Cinema (at least once in a month): 39 mln (down from 51 mln in 2005)
• Internet users (who logged in every week last year): 9.4 mln (up from 7.2 mln)

Rs. 12,000 crore, or $2.6 billion: that is the estimated size of Indian advertising across all media. Online advertising including classifieds is a small chunk of this, only $88 million (Rs. 400 crore), but growing at a rapid pace. Have you started thinking about naukri.com, India’s leading job search portal, which plans to bring its IPO shortly? Actually Jobs-advertisement is one segment where online advertising moved ahead of print ads. While the online job-ads market is estimated at $44.4 million (Rs. 200 crore), print ads for jobs command only a market of $22.2 million (Rs. 100 crore).

Well, don’t even think of comparing these figures with the U.S. advertising market, which is expected to reach $150 billion in 2006.

• Overseas funds announced so far for investment in Indian real estate: about $7 bln
• Foreign direct investment (FDI) in real estate in last 12 months: about $600 mln
• International Real Estate Fund started by India’s largest housing finance company Housing Development Finance Corporation(HDFC): $720 mln
• Real estate fund by an Israel-based financial services company Clal Insurance Enterprises Holdings: $700 mln
• India Property Fund of JP Morgan Asset Management, New York-based global investment manager: $360 mln
• HDFC’s India Real Estate Fund: $216 mln

• Organised retail sales projected to reach $23 billion by 2010, three times of the current size of $7 billion
• Retail boom spreading to tier II and tier III cities also
• 361 malls under construction across India, out of which 227 are in the top 7 cities and the rest in smaller cities
• Real estate fund by an Israel-based financial services company Clal Insurance Enterprises Holdings: $700 mln
• 35 hypermarkets and 325 large department stores also under development
• Additional 25.39 mln sq. ft. of retail space being developed, against the currently available 10.6 mln sq. ft.

• Organised retail business of coffee in India: $17 mln
• Annual consumption: 80,000 tonnes (up from 55,000 tonnes in 1991)
• Potential for retail outlets: 3000
• Planned investment in India by Britain’s Costa Coffee in the next 4 years: $33 mln (Rs. 150 cr)
• Barista, the largest Indian coffee chain, to invest in 2006-07: $8.8 mln (Rs. 40 cr)
• The number of outlets Café Coffee Day, the second largest coffee chain of India, wants to open by June 2007: 500

• Planned investment by Reliance Retail, a subsidiary of India's largest private sector company Reliance Industries Ltd: $5.4 bln (Rs. 250 bln)
• Reliance Retail’s turnover target by 2010: $21 bln (Rs. 1000 bln)
• India’s total retail market: $202.6 bln
• Current market size of the organised retail segment: $7.7 bln
• Current share of organised retail in the total retail market: 3.8%
• Expected share of organised retail in the total retail in next 10 years :15-20%

• Average monthly new mobile subscribers in the world over past year: 40 mln
• Monthly new mobile subscribers in India over past year: 5 mln
• New subscriber additions in India in August 2006: 6 mln (the highest in the world)
• Global mobile subscriber base crossed 2.5 bln in September 2006
• New mobile subscribers in the world in the last 12 months: 500 mln
• New mobile subscribers in India in the last 12 months: 50 mln
• Top three countries in new mobile subscribers: China, India, Russia

In the month of July, mobile operators added 5.28 million new subscribers while the fixed line subscriber base declined by 0.06 million. This resulted in a net increase of 5.22 million new telephone subscribers in India in July. With this, the total telephony subscriber base now has touched the 158.59-million mark, compared to 153.37 million in June. The tele-density reached 14.40 by July-end compared to 13.95 at the end of June. By July end, the total fixed line user base stood at 47.36 million and the mobile user base at 111.23 million.

The gross addition of mobile and fixed line subscribers in the first four months of 2006 is 18.77 million compared to 8.88 million during the corresponding period in the previous year. In the first four months of 2006, there was an addition of 18.19 million new subscribers in the mobile segment compared to 7.62 million subscribers in the corresponding period of FY 2005-06. During these four months of this current financial year there was an addition of only 0.58 subscribers in the fixed line telephony compared to 1.26 million during the corresponding period in the previous year.

The mobile value added services (MVAS) industry has reached the level of $105 million (Rs. 500 crore). The MVAS market is expected to grow 10 times to reach $1.05 billion (Rs. 5,000 crore) by 2010. MVAS industry has clocked 100% year-on-year growth for the last two years, and the phase of high growth may continue for next five years. India’s number one private television network STAR commands biggest 25% share of the SMS-based infotainment services, while Sony Entertainment, a venture of U.S.-based Sony Pictures Entertainment in India, Mauj Telecom, India’s leading Telecom solutions company and New Delhi Television (NDTV), India’s largest private producer and broadcaster of news, current affairs and entertainment programs are the other major players in the segment. The value added services are currently providing about 10% of the total revenue of telecom operators.

About 56% of Indian mobile subscribers now own a web-enabled handset, but hardly use it for web browsing. Only 1% of the mobile subscribers having a web-enabled handset actually use it for web browsing. Consumers in India engage in text messaging only and have not yet adopted mobile web browsing. Japan has the highest penetration of web-enabled phones as well as mobile internet usage with 76% people having web-enabled phones. Out of these 76% people, 40% use their handsets to surf the net.

Telecom service providers in India posted revenue of about $19.5 billion (Rs. 879.62 billion) in the financial year 2005-06, a growth of 30% compared to $15 billion (Rs. 675.23 billion) of FY 2004-05. The private sector companies contributed about 85% of the total growth of $4.5 billion (Rs. 201.69 billion) in FY 2005-06, but narrowly missed overtaking the public sector companies i.e. the government owned companies. Public sector companies had revenue of $9.86 (Rs. 443.71 billion) while private sector companies generated revenue of $9.68 billion (Rs. 435.91 billion), missing the target by just $173 million (Rs. 7.80 billion).

With a growth rate of 9%, and revenue of $8.77 billion (Rs. 395 billion), government-owned Bharat Sanchar Nigam Limited (BSNL) remained the top service provider. Its closest competitor Bharti Airtel brought in $2.6 billion (Rs. 116.63 billion), growing at 46%. Reliance Communication grew at 109% to clock revenue of $2.5 billion (Rs. 112.88 billion) and become India‘s third biggest telecom service provider.

As far as the number of mobile subscribers is concerned, India is now placed at the fifth position on the global list. China with 404 million subscribers, U.S. with 185 million subscribers, Japan with 150 million and Russia with 140 million mobile subscribers are the other countries ahead of India. India recently crossed the 100-million milestone when operators added close to 4.2 million new mobile subscribers in May 2006. Germany, Italy, the U.K. and Brazil are the countries behind India in the top-10 list. In terms of percentage growth rate, India is the fastest growing market, and in terms of absolute numbers, India is the second fastest with 4 million new subscribers being added every month on an average.

More than 15 million handsets have been sold in the last three months, which is more than the number of subscribers added during the period.

India is expected to reach the magic figure of 500 million phone subscribers by 2010 and the target is quite achievable. The current subscribers’ base in the country is 150 million including 100 million mobile phone subscribers. The target for 2007, which has already been announced earlier, is 250 million new phone connections. Mobile phone companies added 4.25 million new subscribers to reach the subscriber base of 101.17 million. On the other hand, the fixed line subscriber base shrunk by 0.11 million to finish at 47.40 million.