India: Where Lies the Next Big Investment Opportunity?
Author: Rajesh Subramaniam
Wednesday, September 1, 2010
Every conceivable sector in India is under-penetrated. Financial services, healthcare, education, infrastructure development, logistics, and so on and so forth. Let’s take a look at some numbers: Outstanding bank credit of $650 billion compared to a GDP in excess of $1 trillion; mortgage to GDP ratio of 7 percent compared to 80 percent in the US and 86 percent in the UK. Healthcare spend is about 5 percent of GDP as against 15 percent in the US and is extremely fragmented. Private education spend estimate to reach $80 billion by 2012, which is currently, less than 5 percent of GDP. The opportunities to play in the supply chain of each of the sectors above will create valuable businesses in the future.
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