Dear ieConnect Member,

We are pleased to present your monthly issue of the Network India Highlights. We hope this e-alert will help you stay abreast with the latest business news and developments in India.

India likely to have 270 million 3G subscribers by 2013
India is predicted to have 270 million 3G subscribers by 2013, taking the lead as the top 3G market among emerging countries.
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At US$ 286 billion, India's forex reserves in excess of optimal level
According to a recent IMF study, India's foreign exchange reserves, which are around US$ 286 billion, are in excess of the optimal level, thereby minimising the country's external vulnerabilities and lessening the possibility of financial contagion.
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FDI in Q1 FY 2009 surpasses overall inflows in 2005-06
In its August report, the Reserve Bank of India stated that India's foreign direct investment (FDI) inflows between April to June 2008 has already surpassed the overall FDI inflow received in fiscal year 2005-06.
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Warehousing sector to be worth US$ 55 billion by 2010-11
A report by real estate consultancy firm, Cushman and Wakefield, states that the Indian warehousing sector is expected to grow from US$ 20 billion in 2007-08 to about US$ 55 billion by 2010-11, at a rate of 35-40 per cent yearly.
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Banking and financial services sector driving the outsourcing industry
The outsourcing industry has given impetus to a surge of foreign exchange inflow and jobs creation in India. The financial services sector has emerged as a key domain for outsourcing.
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Indian shipping yards gain big on soaring order
With leading shipyards in Korea, China and Japan booked till 2012-13, the Indian shipbuilding industry has witnessed a surge in orders of over 290 per cent in the last 18 months.
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Access unlimited buying and selling business opportunities on BuySingapore, an online business matching portal that provides up-to-date trade leads, business contacts and comprehensive companies' profiles. The following are the latest Singapore contacts in our database:

Vineet Appliances Pvt Ltd
Product Description: Buy chocolates, cakes, confectionery and food products such as sausages, ham and pasta
Interest: Buy
Email: -
Contact Person: Mr Mahendra Kumar Dugar
Contact Number: 91-11-27013006

Breeze Communication
Product Description: Looking to buy electronics, gifts, cosmetics, mobiles and calculators
Interest: Buy
Email: -
Contact Person: Mr Abdula Sattar
Contact Number: 91-832-2730965

Master Pressing Works
Product Description: Looking for mould making company. Company also doing ship metal pressing business.
Interest: Buy
Email: -
Contact Person: Mr Rahul Padman
Contact Number: 91-20-30681199

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3 Oct 2008 - 6 Oct 2008
Beautyworld India
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28 Jan 2009 - 30 Jan 2009
6th Everything About Water Expo
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