Racy. Fast. Unstoppable. That's how eclectic change is in India. Business - both domestic and foreign is more than ever growing bullish about its stakes in this market. Advance estimates for 2005-06 point to a 6.6% GDP growth for the Indian economy. The manufacturing sector is estimated to grow at 8.5% during 2005-06. The services sector, which contributes about 50 percent to India's GDP, is expected to grow by 7.5 percent this year. Falling interest rates and the phenomenon of consumer finance has finally put disposable income in the hands of Indian families. Retail finance is driving the consumer boom in India. On the other side of the spectrum, corporate India's global appetite is vetted. The year 2004 saw a staggering 60 overseas acquisitions by Indian companies, compared to 28 in 2002 and 49 in 2003. India is transitioning from being the services provider to the global manufacturing base across industry segments - Delphi, GE, Whirlpool, ABB, Hyundai, Ford to name a few are all there.

The makers of dynamic India offer you insights on the change in India, the growth drivers and what makes India now an exciting business destination and partner. Mr P Chidambaram, one of the pioneers of reform in India, talks to you about the vision for India and more importantly, what it means for you. Dr Rakesh Mohan, Finance Secretary and Mr Sunil Kant Munjal, President CII and Managing Director, CEO, Hero Corporate Services offer insights into the Indian economy, the present and future trends and how companies are leveraging the India advantage.

Date: 4th May, 2005

Venue: Topkapi A + B Hall, Lutfi Kirdar Istanbul Convention and Exhibition Centre (ICEC), Istanbul, Turkey

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