The demand for aircrafts and hospitality industry is poised to treble by 2009.
Among the international companies that are increasing their investments is the Japanese paint major, Nippon, which is putting in about Rs 80 crore (Rs 800 million) for manufacturing facilities in Gurgaon and a 25-acre unit in Chennai.
Commerce Minister Arun Jaitley said on Thursday that the country is poised for a grey revolution or construction boom, fuelled by road development initiatives, which have generated huge employment opportunities in villages.
CapitaLand, the Singapore state-owned developer, is set to make one of the biggest bets by a foreign company on India's retail property boom, investing in 15 shopping centres worth S$2.1bn ($1.46bn) in association with two Indian construction and property groups.
Companies, which are jumping into the bandwagon, include MNCs. For instance, the world's leading component company Bosch has committed an investment of Rs 2,650 crore (Rs 26.50 billion) through four subsidiaries in India. Funds will be used to set up manufacturing facilities for gasoline systems, electronic control units and ABS systems.
'The last few days have been nothing short of absolutely magical!'
Textile industry is all set for a big boom. According to Central government sources, the textile industry will require an investment of Rs 1.94 lakh crore by 2012 to become an overall sector worth $110 billion.
The government informed the Rajya Sabha on Tuesday that it is keeping a watch on a person who is suspected to have used the booming Indian share market for terror funding. "Recently, a case has come to our notice. It is suspected that it may be linked to a person under watch. I cannot divulge further details," Finance Minister P Chidambaram said.
China's poverty line of $85 per capita net income a year is too low for subsistence and fails to deliver to 100 million poor the benefits of the country's unprecedented economic boom, a senior official has said.
In the midst of an unprecedented stock market boom, Prime Minister Manmohan Singh on Friday cautioned that markets can at times lead to marginalisation of the poor
Major international luxury goods manufacturers are riding high in China with the luxury goods market booming, despite a slowdown in economic growth.
At first there are giggles, followed by awkward small talk before things get professional.
Advertisers will pay 18 lakh to 25 lakh per 10 seconds, a 10% to 20% increase over the last Asia Cup final.
The booming East China region as well as Shanghai metropolis has wooed top Indian firms like Infosys, Satyam, TCS, NIIT, State Bank of India and Reliance to set up software development centres or representative offices.
The domestic retail industry is expected to attract about Rs 2,500 crore (Rs 25 billion) investments in the next two-three years and the retail boom will percolate to smaller cities with population less than 10 lakh, according to a new study by consu
'4 lakh to 5 lakh people graduating in computer science getting jobs in software companies will not happen.'
More than 85 skyscrapers are set to adorn the Mumbai skyline in a few years.
Millions of procedures are performed around the world every year.
In India, there are several examples of earnings never catching up with the valuations of the eye-popping boom era deals.
Tamil Nadu Industries Minister TRB Rajaa claims Uttar Pradesh's development is funded by Tamil Nadu's tax contributions to the central government, sparking a political debate over regional economic disparities.
As more Indians go online, a boom in the Internet advertising industry is waiting in the wings with the digital medium poised to rule over all other media in the coming years, say experts.
Fresher hiring grew by 8 per cent driven by non-IT services oil and gas, real estate, and education sectors.
Indian Navy Public Relation Officer (PRO) Cdr M C Joshi has said that the residents may hear sonic boom sounds and they need not panic as it is associated with the training of MiG-29K aircrafts, which is happening off Goa coast.
Ambegaon is going to be one of Pune's most vibrant real estate boom areas over the next 10 years.
The Goa Foundation started filing writ petitions before the Bombay High Court from 1992 onwards against several mining companies.
Currently, India has five publicly listed Reits: Brookfield India Real Estate Trust, Embassy Office Parks Reit, Mindspace Business Parks Reit Nexus Select Trust, and Knowledge Realty Trust.
India's gifting market is seeing its biggest festive season yet, with sales through quick commerce platforms like Zepto, Blinkit and Instamart jumping 40%-50% year-on-year.
This year, IIM Ahmedabad, the largest and most prestigious of the institutes, has seen a 50 per cent slowdown in placements on the coveted "day zero" (the first day), probably for the first time since the dotcom bust in 2000.
Amid US-China trade tensions and economic vulnerabilities, India must seize the 'China +1' opportunity, deepen reforms, secure FTAs, and globalise its firms for long-term growth, suggests Ajay Shah.
Scenes away from the action when the Mumbai Indians played the Lucknow Super Giants at Brabourne stadium in Mumbai.
