It gives me great pleasure to launch Dun and Bradstreet (D&B) India’s publication ‘India’s Energy Sector’. The publication highlights the current status and future prospects of India’s Energy sector. With D&B’s global footprint and market reach, this publication is certain to draw the attention of global industry leaders and policy makers.

The rapid growth of the Indian economy has garnered interest across the globe, and India has emerged as a favourable investment destination over the last few years. India has been one of the fastest growing economies during FY09, despite witnessing a moderation in growth due to the ripple effects of the global financial crisis. In FY09, the country’s GDP is estimated to have grown by 6.7% as against a growth of 9.01% in the previous year. While the economic conditions have witnessed some improvement in the last few months, the GDP growth is expected to remain at a modest level during FY10 given the adverse impact of deficient monsoon on the agriculture sector.

The reforms in the Energy sector have improved market efficiency over time as many laws and regulations have achieved the desired result. However, there is a need for further reforms that focus on speeding up investments and incentivising faster completion of projects. This would ensure long-term sustainability of economic growth and will also create incremental economic opportunities

David J. Emery
President Asia Pacific & Senior Vice President of the Corporation
Dun & Bradstreet