Post on 03-Apr-2018
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Ms Debjani ChowdhuryJoint Director-Research
World Trade Centre Mumbai
November 2011
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Slide 2
India among top 15 countries in terms of GDP at constant prices
Fourth largest economy in the world in terms of GDP at Purchasing Power
Parity (PPP) (After the US, China and Japan)
India is on track to overtake Japan this year in terms of GDP at PurchasingPower Parity (PPP)
Attractive destination for business and investments
Huge manpower base (1.2 billion people), diversified natural resourcesand strong macro-economic fundamentals
Economic Reforms initiated since 1991
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An emerging economic powerhouse
Goldman Sachs predicts by 2050 India would emerge as the second
largest economy in the world (After China)
India could be 40 times bigger by 2050
Pricewaterhouse Coopers forecast Indian economy will register the
second fastest growth between now and 2050 and emerge as the
second biggest economy in the world by the middle of the Century
Slide 3
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Consistent economic growth of 8-9% in recent years
GDP growth in 2009- 10 was 8.0% despite global economicslowdown
GDP growth in 2010-11 was 8.5%
Growth likely to stabilise at around 8% in 2011-12
Growth likely to return to 9% in a couple years
Slide 4
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IMF predicts Indias growth for 2011 at 8.4%
Second fastest growing economy after China
India ranks 51 in World Economic Forums Global Competitiveness
Index for 2010-11, ahead of South Africa, Brazil and Russia
India among top four major wealth creating countries in the world
in 2010 ( Global Wealth Report- Boston Consulting Group)
Slide 5
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Rising Foreign Exchange Reserves
Enhanced economic performance has been major contributor
towards increased Forex reserves
Offer adequate security against currency crisis and monetary
instability
Strong Balance of Payments leading to steady accumulation of
Indias foreign exchange reserves $318.4 billion foreign reserves as
on October 21, 2011
Slide 6
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Indias International Trade
India accounts for 1.3 percent of world merchandise trade (2009)
India ranks 21 among leading exporting countries in the world (2009)
Among leading importers, India is ranked 14 and accounts for 2 per centof total global imports
In respect of trade in commercial services India is placed in the 12thposition among global exporters of commercial services
India exported 87 billion dollars worth of commercial services in 2009
Slide 7
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India Surging Exports
Total Exports during April- September (2011-12) topped $ 160billion
52 per cent growth registered
Exports crossed target of $ 200 billion for 2010-11 to reach $ 252Billion ( $41 per cent growth)
IT software and IT enabled services exports touched $49 billion in2010 rising from $2 billion in 1998
Slide 8
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April- September (2011- 12 ) imports were $234 billion ( 32 Per
Cent growth)
Acceptance of Indian products along with cost advantage has
provided an edge to Indian companies
Imports of products by India mainly includes petroleum products,minerals machinery and electronic goods
Slide 9
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India: Attractive Investment Destination
India is ranked third in A.T.Kearney FDI Confidence Index 2010
India is placed after China and US. Brazil and Germany follow India
UNCTADs World Investment Prospects Survey 2010-12 ranks India secondmost favoured investment destination (behind China) followed by Brazil,
United States and Russian Federation.
For the first time the four major emerging markets China, India, Brazil
and the Russian Federation all ranked among the top five investmentdestinations.
FDI inflow for the period April 2000- August 2011 reached $ 219billion
Slide 10
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Mauritius has been the largest contributor towards FDI (42%)
Singapore (9%), USA (7%), UK (5%), Netherlands (4%), Cyprus (4%),
Japan (4%), Germany, France and UAE are among the top ten
investors
Sectors attracting Highest FDI equity inflows are
Financial and non financial services (21%)
Computer Software and Hardware (9%)
Telecommunications (8%)
Housing and Real Estate (7%)
Construction activities (including roads & highways)(7%)
Power (5%)
Automobile Industry (4%)
Metallurgical Industries (3%)
Petroleum and natural gas (3%)
Chemicals (2%)
Slide 11
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India-Regional Cooperation
Regional Trading Agreements have been a very prominent feature
of the Multilateral Trading system
India has signed free trade agreements with SAARC, ASEAN ,
Singapore, South Korea, Sri Lanka and Bhutan,
Negotiating FTAs with EU, EFTA, Japan, Thailand and Bangladesh
India is a member of the SAARC Regional Trading Bloc
Slide 12
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InfrastructureVast Opportunities
India is planning to spend $514 billion in infrastructure
development during the 11th
Plan period (2007-2012)
Investment in infrastructure accounts for 7.6 percent of total GDP
during the 11th Plan Period
Private sector investment is projected at $155 billion
The Government has opened up major infrastructure projects to
public private partnerships
Slide 13
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Slide 14
Projected Investment in infrastructure during theEleventh Plan (2007-2012)
SectorsElectricityRoads & BridgesTelecommunicationRailwaysIrrigation
Water & SanitationPorts
AirportsStorageGas------------------------------ Total
Amount $ Billion166.678.564.665.563.3
35.922.07.75.64.2------------------------514.0
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Slide 15
Some Expressions About Indian Market
India is not simply emerging : India has already emerged
Barack Obama
President, US
I have been a great believer in the India growth story
Wilfried AulburMD & CEO
Mercedes Benz India
India is our fastest growing market
J.S.Shin
CEO, Samsung,SW Asia
We will make India the export hub for L.G
Moon Bum Shi
Managing Director
L.G. Electronics India
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Slide 16 India has taken its place in the world economy. A lot of them (Indian
companies) can be global companies. You already have them in cars andautos in electronics and systems
Jamie DimonChairman and CEO
J.P.Morgan Compared to China, India has a much stronger and self-sufficient skill
base. India is truly the powerhouse of the future.Michael Maedel
PresidentJWT Worldwide
India is a very important market for Ford Motor Company. We are here ina big way. We are doubling our plant capacity in Chennai.
Mark BentleyManager
Ford Global Licensing
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THANK YOU