India is now 10th largest economy

July 13, 2005

India is now amongst the top ten economies in the world.According to the World Bank gross domestic product rankings for the year 2004, India stands the tenth largest economy in the world with a GDP of $691.876 billion.The table below gives the rankings for the top 20 economies in the world.The rest of the rankings can be had at the World Bank Web site for the GDP figures:
http://www.worldbank.org/data/quickreference/quickref.html

Total GDP 2004

Rank Country ($ billion)
1 United States

11,667.515

2 Japan

4,623.398

3 Germany

2,714.418

4 United Kingdom

2,140.898

5 France

2,002.582

6 Italy

1,672.302

7 China

1,649.329

8 Spain

991.442

9 Canada

979.764

10 India

691.876

11 South Korea

679.674

12 Mexico

676.497

13 Australia

631.256

14 Brazil

604.855

15 Russia

582.395

16 Netherlands

577.260

17 Switzerland

359.465

18 Belgium

349.830

19 Sweden

346.404

20 Turkey

301.950

Source: World Bank, July 2005

Taiwan is not included in the World Bank statistics. Rankings include only those economies with confirmed GDP estimates.


Kolkata! India’s new IT hub

July 13, 2005


* Wipro, which set up a sprawling 17 acre campus in Kolkata's Salt lake in November 2004, is now planning to get another 50 acre plot in Rajarhat, the proposed IT hub in east Kolkata.
* Tata Consultancy Services is also eyeing similar space in the park.
* That is not all. Major IT companies such as Satyam Computers, ITC Infotech, HSBC Electronic Data Processing India (HDPI), ICICI OneSource and Gecis will set up their centres in the city shortly.
*
Even the existing companies like IBM, Cognizant Technology Solutions (CTS) and SkyTECH Solutions are on an expansion drive. In fact the state IT department promises to spring some more surprises in the next one year.

Does it means that Bangalore is loosing its CHARM !


India is now 10th largest economy

July 13, 2005

India is now amongst the top ten economies in the world.According to the World Bank gross domestic product rankings for the year 2004, India stands the tenth largest economy in the world with a GDP of $691.876 billion.The table below gives the rankings for the top 20 economies in the world.The rest of the rankings can be had at the World Bank Web site for the GDP figures:
http://www.worldbank.org/data/quickreference/quickref.html

Total GDP 2004

Rank

Country

($ billion)

1

United States

11,667.515

2

Japan

4,623.398

3

Germany

2,714.418

4

United Kingdom

2,140.898

5

France

2,002.582

6

Italy

1,672.302

7

China

1,649.329

8

Spain

991.442

9

Canada

979.764

10

India

691.876

11

South Korea

679.674

12

Mexico

676.497

13

Australia

631.256

14

Brazil

604.855

15

Russia

582.395

16

Netherlands

577.260

17

Switzerland

359.465

18

Belgium

349.830

19

Sweden

346.404

20

Turkey

301.950

Source: World Bank, July 2005

Taiwan is not included in the World Bank statistics. Rankings include only those economies with confirmed GDP estimates.


Kolkata! India’s new IT hub

July 13, 2005


* Wipro, which set up a sprawling 17 acre campus in Kolkata’s Salt lake in November 2004, is now planning to get another 50 acre plot in Rajarhat, the proposed IT hub in east Kolkata.
* Tata Consultancy Services is also eyeing similar space in the park.
* That is not all. Major IT companies such as Satyam Computers, ITC Infotech, HSBC Electronic Data Processing India (HDPI), ICICI OneSource and Gecis will set up their centres in the city shortly.
*
Even the existing companies like IBM, Cognizant Technology Solutions (CTS) and SkyTECH Solutions are on an expansion drive. In fact the state IT department promises to spring some more surprises in the next one year.

Does it means that Bangalore is loosing its CHARM !