Research and Markets: Economic 360 for India: Growth Prospects and Emerging Opportunities in the Environmental Industry

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/30d739/economic_360_for_i) has announced the addition of Frost & Sullivan's new report "Economic 360 for India: Growth Prospects and Emerging Opportunities in the Environmental Industry" to their offering.

“Economic 360 for India: Growth Prospects and Emerging Opportunities in the Environmental Industry”

Introduction of economic reforms such as liberalization, privatization and globalization in the 1990's has enabled India to emerge as one of the fastest growing economies in the world. Environmental concerns have come to the forefront causing the Government to focus on issues such as waste management and wastewater treatment. As a result, the demand for clean technology, treatment equipment, air quality monitoring stations and so on are on the rise and present lucrative opportunities.

The environmental industry has taken center stage in recent times and has been accorded top priority by governments in both developed and developing countries. Environment protection is the latest buzzword as nations' Green consciousness has triggered a spate of environment development activities, especially in advanced regions such as the European Union. Such efforts assume greater importance in the face of environment degradation brought about by accelerated economic development. With international agreements such as the Kyoto Protocol coming into force, even developing economies, such as India, have jumped on the Green bandwagon. The global environmental industry is poised for growth due to the adoption of strong policy initiatives, which are likely to be revised through five-year plans. General economic policies greatly affect the environmental industry, and industry-specific policies provide added thrust. The economy of a country plays a huge role in strengthening and boosting the industry with its effective trade ties and inflows of foreign direct investment (FDI). These factors are vital for the growth of the environmental industry. Social and infrastructural developments also provide support to the industry.

With India's pollution levels becoming one of the highest in the world, the country's Government has put into motion several environment protection plans. The country has strengthened its resolve to lower greenhouse gas emissions after participating in international climate conferences. The Government recently passed the National Green Tribunal Act to oversee matters related to the environment. India weathered the economic downturn fairly well and this allowed the Government to allocate significant funds to environmental activities, especially water and wastewater treatment, in the 2010-2011 budget. The Government has also bolstered the environmental equipment and services industry with its focus on air pollution monitoring and solid waste management services. Initiatives to curb pollution by encouraging pollution abatement equipment and sophisticated treatment methods are also underway. Regional and infrastructural opportunities, coupled with favorable political and economic policies, will further boost the environment industry in India.

Economic 360 for India: Growth Prospects and Emerging Opportunities in the Environmental Industry is Frost & Sullivan's Country Industry Forecast service, which provides vital inputs for evaluating the attractiveness of a country and its environmental industry. Apart from enabling decision makers to assess the impact of non-market forces, it also helps in identifying new market opportunities. This service provides a strong base for preparing contingency plans. In addition, investors can assess industry-specific risk factors as well as conduct a more in-depth micro research.

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