INDIA Country Facts by Murali Konchada International Business Fall 2002 GGU.
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Transcript of INDIA Country Facts by Murali Konchada International Business Fall 2002 GGU.
INDIAINDIA
Country Facts
by
Murali Konchada
International Business Fall 2002 GGU
INDIAINDIA IntroductionIntroduction GeographyGeography Country FactsCountry Facts CultureCulture HistoryHistory
ResourcesResources Economic ProfileEconomic Profile Software IndustrySoftware Industry FDI & FDI & Business EnvironmentBusiness Environment
The FutureThe Future
Gateway of India
Country FactsCountry FactsINDIA
Area One third of USAHome of 16 per cent of world’s population
Climate : Hot tropical weather with variations from region to region
Capital New Delhi
Population (2002 est.):
1,045,845,226
Major Rivers Indus
Ganga
Yamuna
Brahmaputra
Godavari
Narmada
Kaveri
Meenakshi Temple at Tamil Nadu
which has a hall of 1000 pillars
Country Facts Country Facts cont…cont…
ReligionsReligionsHindu 82.8%
Islam 11.3%
Christian 2.4%
Sikh 2.0%
Buddhists
0.71%
Largest CitiesLargest CitiesMumbai
Kolkata
Chennai
Hyderabad
Bangalore
Infosys’s (India’s No1 Software development Company)
one of the Development Centers
Country Facts Country Facts cont…cont…
Population Population Details…Details…
Population growth rate
1.51%
Birth rate 23.8 per 1000 population
Infant Mortality rate
61.5 per 1000 population
Literacy rate 65.38% in 2001
LanguagesLanguagesHindi (official)
English (official)
Bengali
Gujarati
Kannada
Kashmiri
Malayalam
Marathi
Oriya
Panjabi
Tamil
Telugu
Urdu
Sindhi
SanskritMarine Drive Mumbai
CultureCultureCulture has been defined in numerous ways and the one accepted by
majority of modern scientists defines it as `that complex whole which
includes knowledge, belief, art, morals, law, custom and any other
capabilities and habits acquired by man as a member of the society.
Sardar Panikkar identifies what he calls, `Outstanding Facts of Indian
Culture'. These are:
1) Tradition of tolerance, adding to the richness and variety of Indian life
2) Sense of synthesis reflected in racial harmony, the primary institutions
of the village and the family, sculpture, architecture, music and painting,
modes of worship, faith in democratic institutions etc.
3) Universal outlook as reflected in views such as `The world is one family,
`the world is one nest'
4) Philosophical outlook with its basis in the belief in the unity of creation.
5) Respect for the individual based on the philosophical equation of
the soul and the Oversoul.
Odissi Dance
History & GovernmentHistory & Government Nonviolent struggle for Independence under the leadership of
Mohandas Karamchand Gandhi ( 1869-1948)
Jawaharlal Nehru (1889-1964), 1947 India gained Independence from Britain Largest secular parliamentarian democracy of the world 1947-1964 1st Prime Minister Jawaharlal Nehru 1966-1984 PM Indira Gandhi was killed by two Sikhs in her bodyguard 1984-1989 PM Rajiv Gandhi was killed by a suicide bomber 1991-1996 PM P.V. Narasimha Rao brought many industries (especially computer
and high-tech)1996-1997 PM Deve Gowda1998-till date Shri Vajpayee is Prime Minister Since independence, India and Pakistan have fought three wars over “Kashmir” Sept 16, 2002 Elections were conducted in J&K
Shazahan built Taj Mahal in memory of his wife Mumtaj mahal
Mysore Palace
ResourcesResourcesNatural Resources: Coal (fourth-largest reserves in the world),
iron ore, manganese, mica, bauxite, titanium
ore, chromite, natural gas, diamonds, petroleum,
limestone, arable land
Gold, silver, and diamonds make up a small part of other natural resources available in India
Arable Land: 54%
permanent crops: 1% permanent pastures: 4% forests and woodland: 23% other: 16% (1993 est.)
Irrigated land: 480,000 sq km (1993 est.)
Economic ProfileEconomic ProfileEconomy
GDP $2.5 trillion (2001 est.)
GDP - real growth rate
5% (2001 est.)
GDP - per capita $2,500 (2001 est.)
Inflation rate 3.5% (2000 est.)
Labor force 4.6 million (1999)
Agriculture – 67%
Services – 18%
Industry – 15%
Unemployment rate 4.4% (1999)
Industrial production growth rate
4.3% (2001 est.)Worli Sea face Mumbai
Economic Profile ….Economic Profile ….Imports and Exports
Industries Textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery
Agricultural products Rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; cattle, water buffalo, sheep, goats, poultry; fish
Exports $44.5 billion (f.o.b., 2001)
Export Commodities Textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures
Export partners US 22.8%, Hong Kong 5.8%, Japan 5.3%, UK 5.3%, Germany 4.6% (2000)
Imports $53.8 billion (f.o.b., 2001)
Import Commodities Crude oil, machinery, gems, fertilizer, chemicals
Import partners Benelux 8.5%, US 8%, UK 6.2%, Japan 5.7%, Saudi Arabia 4.6% (2000)
Economic aid received $2.9 billion (FY98/99)
Currency Indian Rupee; $1 = Rs.48.33 (Jan 2002)
Software IndustrySoftware Industry
Indian IT Software and Services Industry (Figures in US$ Billion)
India is best positioned for cross border IT services
Indian software industry is expected to gross $87 billion in 2008, with $50 billion coming from exports!
FDIFDI
India welcomes foreign investment in virtually all sectors except defense, railway transport and atomic energy
India has formulated a sectoral FDI policy
Key Sectors for FDIKey Sectors for FDI
Bio-Technology Civil Aviation
Electronics and Information Technology
Entertainment Industry
Food Processing Insurance Banking and Financial Markets
Ports Power
Roads Telecommunications
Drugs and Pharmaceuticals E-Business
Ports Power
Mining Urban Infrastructure Housing
Tourism
FDI cont…FDI cont…
FDI Inflows cross US$ 4 Billion in 2001-2002
India's most valuable resource, its technologically capable English- speaking workforce, can position India as the services hub of the world.
One of the best examples is GE which was able to cut costs by outsourcing to India.
Banks, insurance companies and mutual funds can save money by shifting their back-office work to India.
NEWSNEWS
Wipro-Microsoft combine can take on IBM: Bill Gates
India can be manufacturing hub too, says GatesMicrosoft chairman and chief software architect Bill Gates commended India to turn into a manufacturing hub as it had the required skills, low-cost labor, good sense of technology, and advanced software expertise