This document summarizes contact information for two representatives of PricewaterhouseCoopers' India Desk in Spain. It then provides brief statistics about Spain, noting that Spain has a population of 45.8 million, GDP of $1,622 billion, and is the 8th largest economy in the world. It also highlights that Spain offers access to over 1.2 billion potential customers in Europe, the Middle East and Africa and is a gateway to Latin America for business.

1. India DeskContact us
Alan D’Silva
Partner
Tel: +34 915 684 146 (Madrid)
alan.dsilva@es.pwc.com
Sudhanshu Karandikar
Director
Tel: +34 932 532 559 (Barcelona)
sudhanshu.karandikar@es.pwc.com
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2. Area (‘000 sq km):
500
Capital:
Madrid
Population:
45.8 Million
Median Age:
41 years
(15.25% under the age of 15)
GDP (USD Billion):
1,622
Currency: Euro (€)
(1€ = 64.80 INR; 1€ = 1.54$)
Languages:
Spanish, Catalán, Euskera,
Gallego.
Government:
Parliamentary Monarchy
Did you know that
Spain is…
Not only is Spain the eighth most important economy
in the world; it is also the eighth biggest investor and
the ninth recipient of FDI. The continued dynamism of
its economy is shown by its growth in recent years:
ahead of the European average (3.9% in 2006
compared with 2.9% in the EU-25 and 2.8% in the
Euro-zone). In addition, Spain offers a privileged geo-
strategic position within the European Union giving
access to over 1,200 million potential clients in the
EMEA Region (Europe, Middle East and Africa). Its
strong economic, historic and cultural ties also make
Spain the perfect gateway to Latin America.
Furthermore, Spain is a modern knowledge-based
economy with services accounting for 66 percent of
economic activity. The country has become a centre
of innovation supported by a young, highly-qualified
work force and competitive costs.
The Spanish banking system, strong and well
regulated has had a important role to play in
managing the global crisis affecting the Spanish
economy drastically.
The Spanish industry has a strong number of SME´s
with a technological edge in various sectors.
Automobile components, Renewable Energy,
Infrastructure, Textile are some of the attractive
sectors for Indian companies looking for
collaborations or investing in Spain.
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