India's growing pet industry

Pets are becoming big business in India, a country of more than a billion, and industry figures said they see no slowdown in annual growth of 10 to 15%, according to an article by the French Press Agency (AFP).
India's pet industry is valued at around US $45 million annually, according to research firm Euromonitor, still a minnow when compared to the annual US $40 billion of the US market.
"This is still a very virgin market for pet products, but it's growing well, there's so much demand," said J. Prakash, owner of VS Associates, a pet products importer.