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Three Indian Markets To Watch Over the Next Five Years

September 26, 2010

India’s economy is rapidly changing.  Seasoned investors and beginners alike can take advantage of these trends over the next five years.  Here are three sectors to consider:

1. Auto

With the seventh largest auto industry in the world, and fourth largest auto manufacturer in Asia, India is poised to become a top contender for world class auto manufacturing status.  Since government restriction was relaxed in 1991, Indian car manufacturing has experienced phenomenal growth.  Japanese automakers like Honda and Toyota are outsourcing their labor force to India, creating a skilled community of auto manufacturers.

India-based car companies should not be overlooked.  Companies like Tata Motors have become very proficient at producing fuel efficient, economy sized cars. As demand for economical cars increases in the United States, a new potential market for Indian imports is created.

2. Power

Over the next twenty years, the Indian government intends on dramatically increasing the power sector of the economy and opening up opportunities for privatized power companies.  Rural India is becoming more developed with each passing year, and power companies are vying for the opportunity to provide quality service to these areas.  Building a modern electric power grid is a top slated project for the next decade, and government funding has already been allocated to this endeavor.

Several Indian companies are beginning to research renewable energy resources.  These will likely provide a unique opportunity for investment in the coming years.

3. Telecom

The telecommunications field in India is booming and analysts predict that the trend will continue well into the next five years.  Wireless subscriptions now number in the hundreds of millions.  As technology becomes more readily available in rural sectors, this number will only continue to increase.

Bio: Alexis Bonari is a freelance writer and blog junkie. She spends much of her days blogging about Education and CollegeScholarships. In her spare time, she enjoys square-foot gardening, swimming, and avoiding her laptop.

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