快速发展的印度市场

1、1fastest growing free market democracy in a global economy india2presentation kushal chaturvediprerna khareashish katiyarritesh chauhanashwini goyalanshul guptashrikant patel3 the india story indian success stories international success stories india advantage business opportunities winning attitude

2、 contents4the india story51947 : year of indian independencetodays india is one of the fastest growing democratic market economy, well on its way to be integrated with the world economythe famous goldman sachs report ( dreaming with brics: the path to 2050 ) states that, among brazil, russia, india

3、and china, india will grow the fastest over the next 30 to 50 years by leveraging its demographic advantages and through continued development indias gdp will exceed italys in 2016, frances in 2019, germanys in 2023 and japans in 2032india to become the 3rd largest economy in the world by 2032 andth

4、e story began in 19476 planned industrial development industry licensing and quotas dominance of public sector restriction on private investment socialism mixed economyindia pre - liberalization7 liberalization of industrial licensingde-licensingde-controlde-regulationbroad bandingabolition of regis

5、tration fera liberalizationliberalization of foreign investmentliberalization of technology importthe new industrial policy for liberalization-19918 mrtp liberalizationabolition of threshold assets limitno mrtp clearance needed for expansions, mergers curtailment of public sectorseveral industries h

6、itherto reserved for public sector opened up to private sectoronly eight core industries remain reserved for the public sectorpurview of board for industrial and financial reconstruction (bifr) extended to public sectorthe new industrial policy for liberalization - 19919 governments role changed to

7、regulator from licensor all licenses rationalized active participation of private sector fdi being welcomed (100%) - automatic route barriers dismantled & procedures simplified indian industries actively investing abroad bureaucracy - less government is good governance allowing market forces to

8、govern the efficient allocation of resources with minimum state intervention reducing and rationalising foreign trade barriersindia liberalization stage - strategies developed10 india - one of the fastest growing economies in the world average gdp growth (1995 -2005) : 6.2 % per annum average annual

9、 growth (1995 - 2005) agriculture & allied:+ 2.1 % per annumindustry:+ 6.6 % per annum services:+ 7.8 % per annum average per capita income growth (1995 - 2005): 3.8 % per annum inflation down to a single digit level continuously for the last ten years foreign exchange reserves increased from us

10、 $ 2 b (march 1991) to us $ 145 b (september 2005) merchandise exports : +20 % average rate of growth in last three years booming services exports from us $ 4.6 b in 1990-91 to us $ 51.3 b in 2004-05economic scenario : post liberalisation11 balance of payments surplus (us $ 26 b in 2004 - 05) extern

11、al debt service ratio down from 26.2 % in 1995 to 6.2 % in 2005 foreign direct investment (fdi) : average +us $ 5 b pa in the last five years. foreign portfolio investment : us $ 11.4 b in 2003-04 and us $ 8.9 b in 2004-05 reforms continuing and have unleashed dynamic forces putting the economy on a

12、 trajectory of unparalleled economic growth in the future the indian government is working in close co-operation with industry and trade to mitigate the remaining problems and constraints broad consensus across the political spectrum on the need for and direction of the reforms. some issues still ne

13、ed to be resolvedeconomic scenario : post liberalizationshare of services sector in gdp on the rise (%)13india the worlds most irrigated land mass worlds 2nd largest exporter of rice & 5th largest exporter of wheatfood production: indias ranking in the world 1st tea, milk 2nd rice, wheat, sugara

14、griculture14 rate of growth 2003-047 % 2004-059.2 % 2008-0912% diversified base of world class capabilities state-of-the-art technologies tqm,tpm, six sigma & lean manufacturing - part of everyday practice diversified industrial base with supporting ancillary industries overseas acquisitions wor

15、th us$ 500 mmanufacturing15 consistent growth 2003-049.1 % 2004-058.9 % 2008-0911.3% sectors driving growth - ites - healthcare- financial services - educationsource:economic survey, 2004 - 05services16average gdp growth - india & the worldrising share of indias external trade in gdp17 land area

16、:3.29 m sq. km. population: 1.32b gdp:us $ 1.209 tn real gdp growth:6.7% gross domestic savings: 32.1 % (2008 - 09) gross domestic investment: 29.4% (2008 - 09) per capita income:us $ 1016 inflation rate:-0.21 %macro economic indicators (2008 - 09) 18indian success stories19 number of foreign firms

17、acquired 132 by indian companies during 2008 - 09 total worthus $ 1.9 b india - 6th largest investor in the uk no of investments 564 no of indian companies with 1,476 operations in singaporeindian mncs - on a global buying spree20 hero honda - largest producer of motorbikes in the world moser baer -

18、 worlds 3rd largest producer of optical media hero cycles - worlds largest bicycle producer bharat forge - amongst the worlds top 3 forgings manufacturers ub group - worlds 2nd largest producer of alcoholic beverages paharpur cooling towers - worlds 2nd largest manufacturer of cooling towersindia le

19、ading the world21india leading the world apollo hospitals - single largest hospital chain in south asia tisco - worlds cheapest producer of steel reliance industries - worlds largest producer of pta, a chemical used in textile production mahindra & mahindra - amongst top 3 tractor manufacturers

20、in the world telco - amongst top 3 truck manufacturers in the world welspun - worlds largest producer of terry-towels gujarat ambuja - amongst top 5 cement producers in the world22some indian examples benchmarked with the best in the world23success story of reliancethe reliance group founded in 1932

21、, is indias largest business house with total revenues of over us $ 56.7 b and exports of us $ 20.3 bit began as a an sme the groups activities span exploration and production of oil and gas, refining and marketing, petrochemicals, textiles, financial services, insurance, power, telecom and infocom

22、initiatives the group exports its products to more than 100 countries the world over reliance group revenue is equivalent to about 3.5 % of indias gdp the group contributes nearly 10 % of the countrys indirect tax revenues and over 6% of indias exportstoday, the reliance group has one of the largest

23、 family of shareholders in the world 24success story of wiprowipro was set up in the backdrop of the small town of amalner in maharashtra in 1945 an sme and primarily an oil factory, the chief products were sunflower vanaspati and 787 laundry soapit was in the early eighties that wipro made its fora

24、y into the infotech arenawith this began the wipro infotech story today, wipro stands at the firmament, as a trusted and experienced provider of a comprehensive range of it services, solutions and products, worldwide 25success story of bhartibharti enterprises has successfully focused its strategy o

25、n telecom while straddling diverse fields of business it all began as a small industrybharti tele-ventures is today acknowledged as one of indias finest companies, and its flagship brand airtel, has over 12 million customers across indiarecently, bharti has successfully launched an international ven

26、ture with el rothschild group owned elro holdings india ltd., to export fresh agri- products exclusively to markets in europe and usa26success story of dr.reddysdr.reddys laboratories was founded in 1984, with a capital of us $40,000 in cash and us $120,000 in bank loan in fact, it is this spirit of

27、 entrepreneurship that has shaped the company to become what it is todaytoday, the company with revenues of us $446 m, in fiscal year 2005, is indias second largest pharmaceutical company and the youngest among its peer groupdr. reddys started its drug discovery programme in 1993 and within three ye

28、ars it achieved its first breakthrough by out licensing an anti-diabetes molecule to novo nordisk in march 1997 with this very small but significant step, the indian industry went through a paradigm shift in its image from being known as just copycats to innovators! through its success, dr. reddys p

29、ioneered drug discovery in india today, the company manufactures and markets api (bulk actives), finished dosages and biologics in over 100 countries worldwide, in addition to having a very promising drug discovery pipeline27international success stories 28mncs leveraging the india advantage29*fdi i

30、nflows to india30more than 100 global companies outsource r&d facilities from indiage john f welch technology centre companys largest research outfit outside the usamonsanto first non-us research facilityeli lilly largest research facility in asia and 3rd largest in the worldtexas instruments di

31、gital signal processor developed in india controls 50% of the world marketavl, austria india as base to do r&d for the companys japan centreinternational brands utilizing the indian knowledge base31beiersdorf problems at beginning:existence of rival company (nivea) in the market (personal hygien

32、e market) reason for success:relative name recognition adaptable indian staffsuppliers who are willing to cooperateimmense support in form of technology and know-how transfer from side of germansgreat market potentialwhat is important for business-collaboration with india?patience and endurancelocal

33、 manager who knows mother companycollection of experience through business connectionscase study of selected companies in india32 why india? great resources of highly qualified scientists as staffavailability of human capital with low labor costsinternationality: english language and understanding o

34、f european culture (due to british history, existence of numerous institutions, administrations, school etc)economic policycase study of selected companies in india33“quite simply, i was blown away by what i saw on my first trip to india” stephen roach, managing director & global chief economist

35、, morgan stanley 2008“indias highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favorable than chinas.” a t kearney, fdi index 2008 we want to bring to the world various facets of this extraordinary country, its people and pr

36、ogress chris cramer, international managing director, cnn 2008india has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period” dominic wilson, senior global economist and vice president, goldman sachs 2005india a

37、preferred destination 34india advantage35trained manpower and knowledge baserich biodiversityexcellent network of research laboratorieswell-developed base industriespro active policy frameworkproficiency in englishlow manpower coststhe india advantage36demographics: a strong demand driver37source: i

38、md competitiveness yearbook 2003source: un, morgan stanleygrowing knowledge pool38costs for offshore work 30 - 50 % lower than in usa / europethe cost advantage39total compensation for workers in heavy manufacturing (us$ per hour)20.328.352.270.750.430.350510152025usakoreamexicochinaindiaindonesialo

39、w wages40 10th largest economy in the world - 4th in terms of ppp will overtake japan in ppp terms by 2010, to be 3rd largest in the world large entrepreneurial base and diversified manufacturing structure large reservoir of skilled labour at internationally competitive cost vast pool of scientifica

40、lly and technically qualified manpower of 20m a large domestic market - 300 m + strong middle class population having substantial purchasing power largest democratic set - up a broad based and transparent legal framework including arbitrationindia - economic enablers 41 vast network of bank branches

41、, financial institutions and well-organizedcapital and money markets a network of technical and management institutes of highest international standards for development of human resources india has a record of meeting its international financial obligations as per schedule and has never been a defau

42、lter no communication barrier, as english is the most prevalent business language strong and vibrant small scale sector that is keen to establish strategic alliances with their foreign counterpartsindia - economic enablers 42supportive infrastructure basestrategic location for third country markets,

43、 particularly in the rapidly growing south and south-east asian countriesthe strategic location of india and its easy and efficient access to the middle east, east european countries, cis countries, africa, south east asia and asia-pacific countries places it in a unique position as a sourcing groun

44、d for entering into strategic alliances in export-oriented industries foreign companies can take advantage of indias strategic location and tap the markets of these countries. india is slowly but surely emerging as an attractive destination for foreign investmentliberalized industrial and foreign in

45、vestment policiesindia - economic enablers 43recognising the need and the potential in certain areas, the government has also come out with specialised packages of incentives for setting up projects in the fields of power, roads and highways, telecommunications, mining, drugs and pharmaceuticals,hyd

46、rocarbons, shipping and ports, tourism, electronics, food processing, etcthe government is vigorously promoting and approving foreign direct investment keeping in view the objective of attracting at least us $ 10 b per annumthe government is very keen to attract sizeable foreign investment into infr

47、astructural projects like roads, power, ports, telecommunications, etc. as the demand for infrastructural services is expected to rise several times to match the projected economic growth of around 8 % per annum in the next ten yearsindia - economic enablers 44sector fdi limits defence up to 26 % te

48、lecom up to 74 % civil aviation up to 49 % real estate & construction sector up to 100 % integrated township development up to 100 % tea plantation up to 100 % india - economic enablers 45 road length2.5 m km second largest road network in the world railway routes63,000 km cargo handled 298 m to

49、nnes electricity installed capacity126,000 mw sixth in world electricity generation telephone connections77 m lines fixed lines (dec, 2008)44.76 msource: department of economics & statistics, tata services ltdthe india advantage: infrastructure46indian brains abroad though foreign multinational

50、have dominated the research agenda in india to date, a growing number of indians who have worked abroad are returning home with cash, contacts and confidence to set up companies of their own these are people who have the experience and exposure to best practices abroad for the first time, indians wh

51、o have been exposed to the world, realize they can do something just as good and they can be world-class they have an attitude to meet challenges and succeed and also give back something to their country 35 % of doctors in usa 36 % of nasa scientists in usa 35 % of silicon valley start-ups are by in

52、dians india emerging as outsourcing hub47business opportunities48opportunity in various industry sectors software biotechnology outsourcing retailing real estate auto components telecommunication media & entertainment49 the software industry in india is witnessing an explosive growth and expects

53、 to generate us $ 87 b including us $ 50 b from exports by 2008 more than 150 global business giants have set up research and development facilities in india some of these firms are ge, microsoft, ti, hp, ibm, daimler chrysler and motorola bangalore has over 150,000 software engineers and a concentr

54、ation of hi-tech companies delhi and ncr is the 3rd largest exporter of software services from india more than 100,000 software professionals enter the indian market each yearopportunities in software50opportunities in software the china connection china has a worker base equal to indias in terms of

55、 cost, quality and scale in future, the indian software industry will use china as a base to cater to the local markets including japan indian firms such as hcl, tcs, infosys and wipro have already opened centers in china to outsource technology talent51opportunities in telecommunication until 2003,

56、 during the more than forty years of government monopoly, there were 11.4 m telephone connections there are 46.2 m fixed line subscribers and 52.2 m mobile phones the mobile phone market is growing at 3.7m per month estimated rise in cellular by 100 m subscribers by 2010 basic telephone connections

57、175 m by 2010 100 % fdi in telecom equipment manufacturing almost 2 m wireless subscribers getting added every month unlike many developed countries, the gsm and cdma technologies co - exist the outsourcing boom would not have occurred without the private telecom sector52 the indian media and entert

58、ainment industry, with the prominent segments being films, television, and music has grown in recent times the entertainment industry is currently generating revenue of us $ 7.2b the average growth budget for films has been increasing by 15 % p.a another high growth segment of the entertainment indu

59、stry is television broadcasting the present size of this segment is estimated to be us $ 1b the penetration of cable tv, in the rural segment is expected to grow by 12 % pa the music industry in india is expected grow at 20 % pa fm radio broadcasting has been privatizedopportunities in media & e

60、ntertainment53opportunities in biotechnology biotechnology is a fast emerging sector in india the consumption of biotech products in india was us $ 1.8 b in 1999 and is expected to cross us $ 4.2 b by 2010 it is estimated that 10 % of the researchers and 15% of the scientists in pharmaceuticals and biotech r&d in usa are of indian origin india is c