Disruptive Growth

2 /GE India /

*Dow Jones equivalent in India**Performance of top 400 companies for H-1 ‘08

< < < Sensex* Index > > >

15 Yrs of Sustained reforms Realization of results

: Explosive growthThe Economy 2007 2008GDP growth 9.6% 7 ~8%Inflation 5.4% 12.3%Emergence of strong corporate India**

Sales growth 17.5%

Profit growth

Investment/ GDP ratio

~30%

33.8%S&P rating upgraded to Investment Grade

1992Economic Liberalization

1993Entry of new private sector banks

1999National Telecom Policy

2008Forex Reserves $312BnFDIs & FII $57 Bn

2005FII net inv. crosses $10Bn incalendar year

Jan ’013,995

8th Sept ’0814,944

Jan ’90780

2008India GDP crosses $I Tn+Market cap: $1.5 Tn

9th Jan’08crossed 21000

3 /GE India /

Industry 2005 - 06 2006 – 07 2007 – 08

Agriculture, Forestry,

Fishing

Mining & Quarrying

Manufacturing

Electricity, Gas &

Water Supply

Construction

Trade, hotels,

transport

Financing services

Community

GDP

GDP growth

9.4

7.2

11.4

12

16.5

4.7

9

4.9

5.9

9.6

6.9

13.9

11.8

12

6

12

5.7

3.8

~7.5%

7

11.7

12.1

9.6

7.8

9.4

3.4

2.6

Source: CSO

GE India 4

Middle class households (income between $4,200~21,000 pa) 15 MM 150~200 MM

Exports of goods and services 10% of GDP 20% of GDP

Average age of house owner 45 yrs 32 yrs

Foreign Investments $100 MM $57 Bn

Forex reserves $ 2Bn $312 Bn

Software exports Nil $17 Bn

Cell phones Nil 8~10 MM/month

: 16 eventful years 1991 2007/08

5 /GE India /

Sustainable & Irreversible Reforms

Liberalization of Economic Policies

Focus on Technology, Innovation &

Growth

Continuous Improvement of

Infrastructure

Marching Towards Free Market

Economy

6 /GE India /

1. China

2. United States

3. United Kingdom

4. Germany

5. France

6. Italy

7. Spain

8. Canada

9. Mexico

10. Australia

11. Poland

12. Japan

13. Brazil

14. Czech Repubilc

15. India

1. China

2. United States

3. Mexico

4. Poland

5. Germany

6. India

7. United Kingdom

8. Russia

9. Brazil

10. Spain

11. France

12. Italy

13. Czech Republic

14. Canada

15. Japan

1. China

2. United States

3. India

4. United Kingdom

5. Germany

6. France

7. Australia

8. Hong Kong

9. Italy

10. Japan

11. Russia

12. Poland

13. Spain

14. Czech Republic

15. Malaysia

1. China

2. India

3. United States

4. United Kingdom

5. Poland

6. Russia

7. Brazil

8. Australia

9. Germany

10. Hong Kong

11. Hungary

12. Czech Republic

13. Turkey

14. France

15. Japan

India No.2 destination for FDI

A.T. Kearney FDI Confidence Index, 2005

20022002 NowNow

7 /GE India /

2009 will Be Tough…Better Compare To ROW

Challenges

• Talent shortage – rising

costs

• Margin compression

• Tightening regulations

by RBI

• Shallow debt markets

• Rising Inflation

• Infrastructure limitations

• Inclusive growth

• Agriculture/ Healthcare/

Education

• US slowdown… financial

turmoil

Macro-economic concerns

Macro-economic concerns Industry pressuresIndustry pressures

8 /GE India /

Technology @ GE

9 /GE India /

Technology Across GE

Global Research CenterNiskayuna, NY

China Technology Center

Shanghai, China

JF Welch Technology Center

Bangalore, India

Global Research – Europe

Munich, Germany

• 30,000 GE technologists worldwide

• GE Technology spend:~$6B

• 3000 pure research employees

10 /GE India /

GE Technology in India

TodayOne out of 6 GE Technologists is located in India

2010One out of 4 GE technologists will be located in India

Mumbai 130

Hyderabad 1100

Bangalore 3800

5000 Engineers & Scientists

Corporate

JFWTC

11 /GE India /

US$175 Million Investment 50 acres 10,00,000 sq ft of Labs & offices

3800 Scientists, Engineers and Researchers At JFWTC Bangalore

State-of-the-art facility

12 /GE India /

GE Healthcare

13 /GE India /

GE Healthcare’s vision

We strive to see life more clearly. Our Purpose is to

help healthcare providers predict, diagnose, inform and

Treat disease earlier so people can live life to the fullest

"Early Health" Prevention/Prediction Detailed Patient Info Early Diagnosis Targeted Therapies

"Late Disease" Symptom Based Data Starved Managing Illness Average Therapies

From To

Healthcare Re-imagined:Driving clinical efficacy & Healthcare system

efficiency

14 /GE India /

Three complementary technology platforms

Creating new opportunities, positioned for growth

Information Technology

Broad-based Diagnostics

Life Sciences

Medical Diagnostics

Electronic medical records

Protein & cell sciences

Diagnostic Imaging

Discovery tools

Integrated admin/clinical

ClinicalSystems

Picture Archiving Systems (PACS)

Clinical tissue biomarkers

15 /GE India /

GE Healthcare

India

16 /GE India /

India Market Drivers

Huge Investme

nts

Increased Spending

5x Increase in

Per Capita Income

Increased Insurance

penetration

Private-Public

Partnerships

Govt. spending

up by 1-2% of

GDP

Disease Patterns

Lifestyle

Diseases

Cardiac

Cancer

Diabetes

180,000

Foreign

Nationals 25%

Global

Affiliations

Medical Tourism

17 /GE India /

Sourcing / Manufacturing In India

Generators100% of Global supply

Tubes60% of Global supply

Tanks80% of Global Supply

Detectors90% of Global supply

MR Coils40% of Global supply

MR HLA100% Global supply

MR + Vasc Positioners100% of Global supply

ICS (Mobile C-Arms)100% of Global supply

Clinical Systems100% of Global supply

Ultrasound100% of Global supply

Flexiview 8800 Steno V

Logiq 3

Generators(CT/RAD/Vasc/OEC/Radio Pharm)

Infinia Tale

Head Coil (MR)

Tubes(CT/RAD)

HV Tanks(CT/RAD)

Detectors(8 Slice)ECG DevicesCoro 120

Logiq 100JP Flex Coil (MR)

Elegance Table

RRF LPCA Excite-III

Detectors(16 Slice)

Hawkeye

Strong Manufacturing & Sourcing Base. Touching all Modalities Globally

18 /GE India /

For Rural India- MAC 400 Value ECG

Non player to market leader

Profitability, Growth

Features and affordability ASP < $1K, $1 ECG

100 ECGs per battery charge

Premium features – value product

19 /GE India /

20 /GE India /

HF_Mobile

Urban Basic

IIFI-X-Ray Value Programs Pioneer HFHF_Advanta

ge

•High IQ, 400 mA with HF & Oscillation Buckey

•First HF Analog X-Ray from GE in India

•500,300 mA, with Digital Upgrade & AEC Option

•Design being leveraged from China

•24 KW HF Mobile with wide apps coverage

•Low weight, hi-mobility & intuitive digital UI

Win in X-Ray In India…..Affordable Quality Products

21 /GE India /

MIC Performance Products

ASP @ $1000

13 languages..103 countries.

FDA 510K approved, CE certified.

Non player to Leader by 2011

ASP @ $2700

Phased Launch in Asia, LA, EMEA & AnZ

CE certified, 100% RA compliance

Non player to 17% Market share in 1 year

Lullaby PT (Photo Therapy unit)

Lullaby Warmer

Affordability & Accessibility

22 /GE India /

Summary

Growth is real- Sustainable and irreversible. Indian HealthCare Market Expecting Double Digit Growth

Enhanced Competence – From Software House To Complete Product / System Ownership

Intellectual Capital - Leveraging Indian Engineering Talent For Global & Local Product Development

Great and Good - Grow Business Profitably - Solve Problems For Humanity Via Value Products

23 /GE India /