JVI Advance Technical LLP

JVI Advance Technical LLP is very pleased to announce the expansion of its operation in India. The company has had its relations and roots with India for over a decade now. Thus we decided to open our regional in Mumbai, India.

Over the period of time India has emerged as one of the vibrant, growing and prime investment economy in the world. Led by strong economic growth, a vibrant economy with a large democratic setup, a broad based legal framework with a vast network of bank branches, financial institutions and well-organized capital and money markets makes India a favorable destination for investments. Additionally, India has a large reservoir of skilled manpower at internationally competitive cost. This, coupled with a large entrepreneurial base and a diversified manufacturing structure, makes it easy to attract investments into the country. Following indicators reaffirms faith in the emerging India story and its investment attractiveness. Ultimately, all these factors will empower India to become one of the world's largest super power economy by 2050 after China and US. It’s getting bigger and bigger and bigger.. As per IMD Competitiveness index, India ranks 11th on business efficiency and 12th on economic performance reaffirm further attractiveness to play. To summaries, India has got extreme potential and favorable governing factors to pay-off investors higher returns with stability and substantial growth.

Growing consumer basket
India will observe paradigm shift in consumption basket in coming years. Huge consumer base coupled with rising affordable income and shift in liberal mindset will fuel future explosion of consumerism in India. Need and aspiration based categories will make waves reflecting strong implications for all enablers of the market. India is expected to have seen a spending of almost US$ 435 billion at current prices in 2009 (assuming a GDP growth rate of 6 per cent). Further, factoring in 5 per cent inflation and assuming that GDP will further grow at 6 per cent, consumer spending is likely to cross US$ 485 billion in 2010. Also, India will see growth of its affordable middle class ('seeker') category from 4% in 2005 to 19% in 2015 and 32% in 2025. To reflect on this, we can only say: Changing India, Changing Consumption and changing consumers...

India's attractiveness does not come only from macroeconomic indicators but also from its healthy state of large reservoir of skilled manpower. As per BCG's survey, India will have highest working age population of about 47 mn people in 2020. India enjoys ownership of healthy large reservoir of skilled manpower with highly qualified professionals at very efficient rates leading to increased competitiveness for further attractiveness and healthy growth. Following graph shows India's healthy state of skilled manpower as compared to BRIC countries and USA.


Office No. 5, Dhariya Apt,
Bandra West

Phone: +91 - 87676 22266

Email:  exports@jvint.com