Voorbeeld: Document

the forecast Bombardier Business Aircraft | Market Forecast 2011-2030 32 India Business Jet Penetration Forecast - India Fleet per capita vs. GDP per capita, 1960-2030 Sources: Ascend, IMF, IHS Global Insight, UN Population Project, Bombardier forecast. Includes very light jets. GDP per Capita (USD, Log Scale) Fleet per 100 Million Population (Log Scale) 1 10 100 1,000 100 1,000 10,000 100,000 1960 2010 2030 Actual Forecast India’s economy continued to experience remarkable development, increasing at 8.5% per year during 2010, second only to China. Economic liberalization that began in the early 1990s served to accelerate India’s growth, which averaged more than 7% per year since 1997. India has one of the fastest growing middle- class in the world. The world’s most populous democracy escaped the worst of the global financial crisis of 2008-2009 through cautious banking policies and a relatively low depend- ence on exports. While the Indian economy is diverse, services, such as IT, are the major source of economic growth, accounting for more than half of India’s output. India has capitalized on its large number of well-educated people, skilled in the English language. According to IHS Global Insight, India is forecast to be the world’s fastest growing region in the period from 2011 to 2030, with GDP growth averaging 7.5% per year. In 2011, India’s growth is predicted to be at 8.3%.