INDIA
CHALO takes a novel look at India; it combines real facts with a touch
of humour through anecdotes and colourful characters that symbolise the
new India 

Dubai, 31st January 2008: H.H. Sheikh Mayed bin Mohammed bin Rashid Al
Maktoum accompanied by His Excellency Dr. Omar Bin Sulaiman, the
Governor of Dubai International Financial Centre (DIFC) today launched
INDIA CHALO (Lets go to India) in Borders at DIFC. INDIA CHALO,
published by Harper Collins Publishers in India, is a passionate look
at India and its opportunities written by Brij Raj Singh, founding CEO
of Baer Capital Partners Ltd., combining real facts with anecdotes and
colourful characters that symbolise the new India.

Based on extensive research, the book shares some very illuminating
insights into modern-day India, backed by facts gleaned from published
studies, interviews with Indian economists and entrepreneurs and the
author’s own personal experiences.

“In my travels, trying to convince investors why they should be looking
at India – if they are not already – I came across many questions
including the main one ‘why India’,” said the author, Brij Raj Singh.
“The answer to this and several other questions are the same, driven by
the same underlying themes, so I decided that I would put these
together in a book to share with everyone.”

Real facts

INDIA CHALO shares some interesting facts and figures in areas ranging
from the economy to the population, from infrastructure spending to IT
and Retail growth, amongst others. For example, if someone had invested
in the Indian stock market (SENSEX) on 1st February 2006, they would
have made 105% by 31st December 2007. The same investor would have made
583% if the investment had been made in June 2003 when Professor Vietor
of Harvard Business School published his study entitled “India on the
Move”.

Goldman Sachs in its report predicted that India would become the third
largest economy by 2035 based on a predicted growth rate of 5.3 to
6.1%. With 54% of the 1.1billion population in the age group of 15 – 35
years, India has one of the youngest working populations in the world.
This percentage is expected to rise to 70% by 2030 – the largest in the
world, according to a report titled “Destination India” from the
Investment Commission of India.

Singh, based on his strong economic background and extensive research,
observed, “I personally predict that this will happen much faster given
that the current GDP growth rate stands at 9%. I believe that the large
pool of cheap labour, intellectual capital, strong communication system
along with a more open and conducive investment climate with less
regulations and barriers will allow India to sustain its competitive
advantage.”

Other real facts include statistics like India’s growing Internet
population that is expected to reach 100 million users by 2009; a
thriving IT industry that showed a turnover of $50 billion in 2007 and
consumer spending predicted to go up to $2 trillion by 2025..

A touch of humour

Without taking away the serious messages in the novel, INDIA CHALO is a
book that is hard to put down. The book is a compilation of the
author’s experiences and thoughts gathered on his many trips to India
and around the world. The insightful cartoons by Vivek Thakkar
(peppered throughout the novel) bring some of the facts and quotes to
life.

The last word

INDIA CHALO will be available through leading book stores around the
UAE and the author hopes “that this personal venture will encourage
readers to at least visit India, if not to invest in its future”.

 

For more information on the book, its author, please visit www.indiachalo.net .

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