Rising Life Expectancy Soars Demand for Pension Funds in IndiaBy: Shushmul Maheshwari
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Rising Life Expectancy Soars Demand for Pension Funds in India
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According to our new research report titled “Indian Pension Fund Market Forecast to 2013”, with growing life expectancy and huge working population base, pension and annuity funds managed by life insurers are forecasted to grow at a CAGR of approx. 35% between 2008-09 and 2012-13.
Pension products contribution to the Indian life insurance industry will continue to rise in coming years as majority of the working population in India expects to have better quality of life or at least maintain the current living standards post-retirement. Moreover, most of the private companies in India do not provide pensions and employees typically depend on their provident fund for finance after retirement. In fact, provident fund financing in most of the cases remains insufficient to maintain the current living standards.
These pension plans are primarily targeted at the population in the age group of 35-45 years who has already completed saving for its protection needs and is looking for retirement plans. Young couples have also been found seeking retirement plans, but their number is relatively small and mainly noticed in metropolitan cities. However, the trend is gradually expanding to tier II and tier III cities.
Our research findings also reveal that pension plans account for close to 40% of the life insurance industry in terms of premium. Life Insurance Corporation (LIC) dominates the pension market while private life insurers are yet to take off. Private life insurers contributed just 7.5% to total pension insurance premium in 2007-08 but it is expected to rise to about 15% by 2012-13.
“Indian Pension Fund Market Forecast to 2013” is a comprehensive research report that comprises quality research and in-depth analysis on the pension market in India. It studies the emerging market trends, recent developments and their impact on the market. The report will help clients to analyze the leading-edge opportunities, prospective customer base, key players, expected future outlook and all the other factors which are critical to the success of a new entrant in the Indian Pension market.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM016.htm
Check DISCOUNTED REPORTS on: http://www.rncos.comhttp://www.rncos.com |
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| Keywords |
Indian Pension Fund Market Forecast to 2013, Market Research Reports, Industry Report |
| Category |
Business |
| Submission Date |
Oct 19, 2009 |
| Article Contact Name |
Shushmul Maheshwari || send email to Shushmul Maheshwari
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Other links at Business |
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Polypropylene and Nylon tufted carpet and printed rugs at Domotex Hannover 2009
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Polypropylene and Nylon tufted carpet and rugs at Domotex Hannover
New carpets and rugs creation designs will be presented by MAC Carpet - the leading manufacturer of Polypropylene and Nylon tufted and printed mats, carpets and rugs in the 20th Domotex Hannover the Biggest flooring fair in the world that will take place during 17-20 January 2009 in Hannover, Germany.
In Domotex Hannover 2009 in Hall 2 Stand B-48 in 351 m2, MAC Carpet will be exhibiting its new product ranges, design collection and new developed qualities. Especially multi-level products and new wool range
MAC Carpet; as a global volume leader will continue offering its customers a unique proposition through a world class management leveraging its logistics superiority, giving its customers flexibility in product and service as well as giving them local low costing.
In its home country MAC Carpet figures as one of Egypt's top exporters, with more than 80% of its total production going to some 107 countries and retails at many world class retailers like Wal-Mart, IKEA, Tesco and others. The company corporate headquarters and main manufacturing facilities are located in Tenth-of- Ramadan City, the largest industrial estate in the Middle East. In total, its plants occupy a surface area of 520,000 square meters employing more than 5,800 people.
MAC Carpet was founded in 1981 with approximate production capacity of 1 million Square meters and currently in year 2008 its production capacity has stretched to reach 60 million Square meters per year. In spite of this huge production capacity, MAC Carpet is still able to offer low production minimums as well as diversity in product and service offering its customers one stop shop concept.
MAC Carpet product range includes different applications indoor, outdoor, car, utility, bathroom, kitchen, children and license In addition to rugs, mats, runners, wall to wall carpets, artificial grass and advertising floor panels. In addition to this, MAC Carpet is continuously working on its innovation strategy offering customer driven solutions according to the customer and market needs.
You can visit MAC Carpet in Domotex Hannover 2009 in Hall 2 Stand B 48.
For more information about MAC Carpet;
Website: http://www.maccarpet.com
Email: info@maccarpet.com
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China Telecom Restructuring Enticing Foreign Operators
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According to our new report, “Restructuring and 3G - New Dimensions for China Telecom Sector”, foreign telecom players, who have been waiting for a long time to serve the Chinese wireless market, are now considering giving shape to their plans of entering the world’ largest and highly lucrative telecom industry, China.
Various foreign players, such as SK Telecom of South Korea and Telefonica (the second largest phone company of Europe), already enjoy substantial stakes in China’s fixed-line operators, China Telecom and China Netcom. “Restructuring of the Chinese telecom industry would give these players an opportunity to bring their mobile business to the country, as the domestic partners now have access to the country’s wireless market”, says an analyst at RNCOS. For instance, SK telecom, which held 6.61% of China Unicom’s total equity before the telecom industry reorganization, is seeking suitable opportunities to raise its stake in the company.
As if to reward these moves, the Chinese government announced in September 2008 that it would relax access to its telecom industry for foreign investors by cutting minimum investment criteria by as much as 50%. We anticipate that deregulation by the government may trigger an influx of foreign investment in the Chinese telecom sector.
Also, the government’s move to finalize issuance of 3G licenses in the first week of 2009 has opened up new avenues for foreign biggies to venture into the market as the market will create huge thirst for capital among Chinese telecom operators, who are actively expanding and upgrading their existing networks in order to gain a favorable position in the country's most promising 3G environment.
The report, “Restructuring and 3G - New Dimensions for China Telecom Sector”, also studies various areas of opportunities emerging in line with the ongoing technological developments in the Chinese telecom industry. It thoroughly evaluates the current performance of domestic telecom industry, inclusive of fixed-line, mobile, Internet and broadband on various parameters, like subscribers, penetration and service providers’ share.
The research offers five-year forecast and analysis on various telecom segments, based on numerous macro- and microeconomic factors, industry specific databases, and our in-house statistical and analytical model. This report has been made to give clients an insight into the telecom market and emerging technologies, such as Mobile TV, IPTV and WiMAX.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM175.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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Soaring Demand Driving Indian Baby Care Market
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According to our new research report “Indian Baby Care Market to 2013”, baby care market in India has experienced stupendous growth over the past few years due to changing consumer mindset and increasing penetration of baby care products. Rising income level, better product availability and increasing awareness have significantly transformed the baby care products industry landscape.
India has emerged as the most preferred market for the companies involved in baby care product manufacturing and marketing, says RNCOS report. The growing segment of population in the age group of 0-4 years has been providing tremendous opportunities as compared to any other baby product market worldwide. Several international players are planning to introduce specialized premium products in a bid to grab market share from well-established players like Johnson & Johnson.
While India represents huge growth opportunities, there are certain challenges for the industry. The Indian baby care market is restricted to just urban areas, despite accounting for majority sales, the urban areas are still under penetrated as compared to other developed and developing markets in the western countries.
“Indian Baby Care Market to 2013” is an exhaustive research and objective analysis on the growing baby care products market in India. The report also evaluates the factors critical to the success of baby care products market in India and deeply analyzed the market trends. Detailed data and qualitative analysis help investors to understand the latest trends in the baby care industry.
The report also provides the segment-wise analysis, forecast and information of emerging areas. The extent of the information covered in the report helps in understanding the market dynamics and the corresponding factors responsible for transformation of the industry.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM015.htm
UP TO 50% OFF ON THIS REPORT TILL May 31, 2009
Check DISCOUNTED REPORTS on: http://www.rncos.com
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Economic Crisis Unable to Stop Russia to Spend on IT
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According to the report “Russia IT and Outsourcing Industry Forecast to 2011” by RNCOS, IT spending in Russia is way ahead of other Eastern European countries. Despite the recent economic turmoil, Russia will continue to dominate the IT industry landscape in the region. Although there may be some budget cut on the IT spending by the companies but it will not be enough to decelerate the IT industry growth trajectory.
Majority of the spending will be on hardware and equipments followed by services and packaged software. The share of spending on hardware will decline in future and that of services and packaged software will increase. It is expected that the spending by SMEs will account for more than 40% of the total IT spending in Russia by 2012. Majority of the spending will be focused on strengthening information and data security and employee IT training needs.
According to a Sr. Analyst at RNCOS, “Over the next one to two years, growth in the IT market may slow down for a while but it will still continue in upward direction. Spending from retail consumer is expected to witness a sharp downturn as compared to spending by government, SMEs and other industry verticals. It is expected that IT spending from verticals like retail, telecomm, banks and insurance will witness least decline as these sectors will concentrate more on IT to increase efficiency levels in current downturn and cost cutting environment.”
“Russia IT and Outsourcing Industry Forecast to 2011” is an extensive research on IT and outsourcing industry of Russia. It provides qualitative and quantitative industry analysis, coupled with the factors responsible for the industry’s growth, opportunities and antagonistic forces challenging the industry. It underlines the spending patterns across the various segments of the industry.
This research report provides the segment-wise analysis, latest market trends, and the emerging areas in the Russian IT and outsourcing industry. It also contains five-year industry forecast drawn after analyzing the present and future trends in the market. The vast and detailed information given in this report will help the clients in understanding the market dynamics and align their business strategies accordingly.
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM570.htm
Check DISCOUNTED REPORTS on http://www.rncos.com
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| 5. |
India will Get Power with Signing of Indo–US Nuclear Deal
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The Indian government has monopoly in the nuclear power projects; hence, all the investments poured into the sector so far were made by the government only. But the rapidly increasing power requirements are aggravating the need to channel more investment into the sector. Sensing the investment requirement to secure future fuel supply for nuclear reactors, India signed a bilateral nuclear deal with European Union civil nuclear cooperation in September 2008. This deal will attract global majors like Areva and Alstom to the huge untapped nuclear market of India. It is estimated that this deal will bring around US$ 29 Billion worth of nuclear market business in the next 15 years for the French companies like Areva and Alstom.
Apart from this, post Indo-US nuclear deal, India will get access to nuclear fuel trade relationship with countries in the Nuclear Suppliers Group (NSG). Thus, it will bring fresh investments in the Indian nuclear industry. India is expecting a cumulative investment of US$ 45 Billion by the end of FY 2017 (starting from the FY 2008) for its infrastructure development.
Seeing the changing dynamics of the Indian nuclear sector, the leading research firm RNCOS is going to launch its market research report on it. It is an extensive research report that focuses on the growing marketplace for nuclear power in India. It thoroughly evaluates the current domestic market trends and growth prospects for the industry. It contains information on total installations, regional presence of nuclear plants and also evaluates the technology India prefers while setting up its nuclear plants. This report also analyzes the status of uranium industry that helps to evaluate the demand supply scenario in the country. It also analyzes the current scenario of the Indian power sector and highlights the future demand supply statistics.
The study provides forecast on total nuclear power installation by the end of fiscal 2017. It also includes the future forecast on investment requirements as well as the uranium demand during the period.
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