India 2050 – Global Superpower(e){Lalit Nainani}
Transcript of India 2050 – Global Superpower(e){Lalit Nainani}
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Superpower
Lalit [email protected]
Kreative Destruction
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Index Introduction Ingredients-to become a superpower nation. Reforms in India Large talent Pool India and the BPO Retailing in India Strong Economic Indicators Favourable FDI drivers 5th Largest Forex Reserves India- Worlds fastest growing economies
India To emerge worlds 3rd largest growing economis. India- To emerge as 3rd largest Trader in the world. Per Capita Income in 2050 Steps to be taken
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Introduction India is not just a piece of earth ; she is power , a
godheadsaid Sri Aurobindo looked at this country andits rich civilisation .
The Nation which India acquired in the 20th century ,fulfilling dreams of Asoka , Akbar and Gandhi has now
brought it to threshold of Great power status atbeginning of the 21st century.
In todays world it is widely accepted that the newcentury will be an Asian One- so India has its chances.
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Ingredients to become
a superpower Meaning: Superpower is country that has the capacity to project
dominating power and influence any where in the world.
Ingredients:
Sizeable but manageable population
Political cohesion and stability
High levels of Technical development
Preferably a Democracy Leading position in the International system.
Skilled manpower .
High levels of defence and military capacities .
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Reforms in India The reforms that India began 1991-1992 chnaged the
nature of Indian economy-opened it up to the world.
The Internet made it possible to tap into indias talentinstantly,and from far away.
Y2K problem in the US created a shortage of talentedpeople and people were looking around and then theydiscovered,India was ready because Internet wasthere,the reforms had been done;suddenly the worldopened up.
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Large talent pool India has more than 250 universities,1500 research institutions& 10428 higher education institutions,India produces 200,000engineers,300,000 technically trained graduates every year.
The Indian Institute of Technology is among the Top 3Universities from which Mckinsey & company,the worlds
biggest consultancy firm hires most
Indians in US top Firms38% of Doctors in US 12% of Scientist in US
36% in Nasa 34% of Microsoft Employee
28% of IBM employee 17% of Intel scientist
13% of Xerox employees
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India and the BPO There are around 200 call centers in India with a turnover
of $2 billion and workforce of 150000.
The Domestic BPO sector expected to reach $ 65 billion by2010(Mckinsey and company).
100 of the fortune 500 companies are now in India
compared to 33 in china.
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Retailing in India The present value of Indian retail market isestimated by India Retail Report to be around Rs12,00,000 crore($270 biilion) with an annual
growth rate of 5.7%.
Country Retail sectors share in GDP%
India 10
USA 10
China 8
Brazil 6
Source: CII At Kearny Retail Study
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Strong Economic
Indicators
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Major FDI Drivers
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India has the 5th largest
Forex Reserves amongdeveloping countries
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world s fastest growing
economies in the world
over the last 20 years
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Leading India to emerge as
the 3
rd
largest economy in2050
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Under GS assumptions India
would be the 3
rd
largesttrader in the world
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Per Capita Income in
2050
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Steps to be Taken India should focus on Political stability Undertake programme for public health and public
education
Enhance its scientific and technological capacities on acontinous basis
India should protect itself from international preassureand try to enhance its:
Millitary efficiency should be enhanced
Nuclear Energy used for domestic usage Missile capacities
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