There is a greater advantage for India, relative to almost all other countries, in that the demographic transition in India will be stretched over a longer period due to the sheer diversity in demographic profiles among different States.
If all goes well, the ECB will announce the general contractor which will carry out the main construction work for the new premises in autumn of this year. The company is currently being selected within the framework of a Europe-wide tender procedure. In January 2009, following the construction of the basement slab, the foundation stone is scheduled to be laid.