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| Sahit Muja: India |
India to become one of the worlds largest economy.
I’m a big believer that nothing beats good old fashioned boots on the ground in getting as much first-hand experience as possible before investing overseas.
I was in China in early 90 visiting and evaluating the endless of opportunity there.
I remember telling my Chinese friends that China will become the largest economy in the world.
I have visited India many times and I have see most important factors that make India a standout investment destination.
The demographics of India are inclusive.
India is second most populous country in the world, with over 1.21 billion people , more than a sixth of the world's population. Already containing 17.5% of the world's population, India is projected to be the world's most populous country by 2025, surpassing China.
Indian population may exceed 1.6 billion people by 2050.
Economic growth will continue in India because its consumer-spending boom is still in its infancy.
India has more than 50% of its population below the age of 25 and more than 65% hovers below the age of 35 .
The consumer growth in India to accelerate, thanks to its young population. The median age in advanced economies such as Europe 43, Japan 40, U.S 37 and China, which has a median age of 34".
India is huge emerging market with a huge potential to invest.
India has 1269219 sq. km (56.78% of cultivable area.
India has a 314400 sq km of water.
India’s most important natural resources are land and water.
Indian Ocean and other gulfs and bays provide employment to nearly 7 million people in the seafood sector.
India main natural resources include coal , iron ore, copper, manganese, mica, bauxite, titanium ore, chrome ore, natural gas, gold, silver, diamonds, oil, limestone and thorium.
Albanian Minerals is investing in India and consider India a standout investment destination .
Sahit Muja
President and CEO
Albanian Minerals
New York
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