India by Frank_Calberg

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									India
Economic
 aspects
Average annual growth from 2007 and 5-10 years ahead:




   9% growth per year


Source:
Palaniappan Chidambaram, Finance Minister, India.
emagazine.credit-suisse.com, October 1, 2007.
     Manmohan Singh, the prime minister and the
     man responsible for opening up the economy in
     the early 1990s, speaks of a return to 9-10%
     growth in a “couple of years”.




Source
http://media.ft.com/cms/573987f8-0aef-11df-8a26-00144feabdc0.pdf, January 29, 2010.
          ”Over a period of time, our salvation lies in getting
          people to move out of agriculture.

          Services today account for 50% of our GDP.”




Source:
India's economic agenda: An interview with Manmohan Singh, prime minister.
http://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Indias_economic_agenda_An_interview_with_Manmohan_Singh
When the British came to India, Great Britain had 1%
of the world trade, India had 21%. India and China
combined had more than 50% of the world trade.

In 1947, when the British left India, India had 1% of the
world trade and the UK 21%.




Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4414
               70% of India’s citizens live in rural isolation,
               largely disconnected from the benefits of
               their nation’s fast-paced economic growth.




Source:
Nurturing entrepreneurship in India’s villages.
http://www.mckinseyquarterly.com/Strategy/Globalization/Nurturing_entrepreneurship_in_Indias_villages_2237
             In parts of Mumbai, there are more than
             1 million people per square mile –
             more than any other spot in the world.




Source: http://abcnews.go.com/GMA/GMABig/story?id=7043270&page=1
      124 million households in India cook with wood.




Source: http://knowledge.wharton.upenn.edu/article.cfm?articleid=2277
Share of population with incomes between
$6,000 and $30,000                      India




Source:
http://www2.goldmansachs.com/ideas/global-markets-institute/featured-research/power-of-purse-doc.pdf
Minerals
Minerals in India




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278343&lang=DE&WT.mc_id=In%20F
ocus,%20March,%2024.03.2010-278305
Education
        ”When I look at countries like South Korea, all children
        who are of secondary-school-going age are in school;
        our children drop out even before they complete
        primary school.

        Therefore, yesterday, in my address to the nation, I
        laid a great deal of emphasis toward improving the
        quality of our education, both at the primary level and
        the secondary level.”



Source:
India's economic agenda: An interview with Manmohan Singh, August 16, 2005.
http://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Indias_economic_agenda_An_interview_with_Manmohan_Singh
Banking
ICICI Bank is India's second-largest bank with total
assets of Rs. 3,562.28 billion (US$ 77 billion) at
December 31, 2009.




Source: http://www.icicibank.com/aboutus/about-us.html
Energy
  Coal



          Coal is India’s dominant fuel source for power
          generation - burning coal accounted for an
          estimated 65% of total generation in 2009.




Source
http://viewswire.eiu.com/index.asp?layout=ib3Article&article_id=827015667&pubtypeid=114246249
9&country_id=1570000157&fs=true&IBNL=true&rf=0
Estimated investments between 2007 and 2012
USD billion




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278320&WT.mc_id=In%20Focus,%20Marc
h,%2024.03.2010-278305&lang=EN
GMR Group
Energy and infrastructure company.
Headquarter in Bangalore.




Source: http://www.gmrgroup.co.in/Corporate/About_Us.html
Solar Electric Light Company (SELCO)
Serve unelectrified communities in the states of
Tamil Nadu and Karnataka through solar lighting.




Source: http://www.selco-india.com/
Infrastructure
      The Indian government has a target of building
      7,000 kilometres of road a year, about 20 km a day
      – representing a tenfold increase in the pace of the
      country’s road development.

                                   Mr. Kamal Nath
                                   Indian Minister of Road Transport & Highways




Source: http://knowledge.insead.edu/infrastructure-development-india-070930.cfm?vid=287
     Airports, port facilities, power stations, telecommuni-
     cations, road construction, transport facilities, mines,
     refineries – over the next five years, the Indian
     government is planning to invest around 320 billion
     US dollars in infrastructure projects.




Source: emagazine.credit-suisse.com, October 1, 2007.
                 ”We need new strategies to look at urban
                 transportation systems, urban management
                 of solid wastes, new sewerage systems.”




Source:
India's economic agenda: An interview with Manmohan Singh, August 16, 2005.
http://www.mckinseyquarterly.com/Economic_Studies/Productivity_Performance/Indias_economic_agenda_An_interview_with_Manmohan_Singh
The Damodar River, for example, has more than 300 coal,
iron ore, limestone, and mica mines dotting its banks, all
releasing effluents that turn its water into a dank sludge.

Another big river, the iconic Yamuna, receives nearly 3
billion liters (800 million gallons) of waste every day from
small industries and sewage lines; it is polluted to a level
100,000 times above the standard for safe bathing.




 Source: http://www.strategy-business.com/article/09305?pg=all
Transportation
Indian automobile industry




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278343&lang=DE&WT.mc_id=In%20F
ocus,%20March,%2024.03.2010-278305
Bajaj Auto

Hero Group
India’s largest 2-wheeler maker. Based in New Delhi.

Jet Airways
http://www.jetairways.com/

Mahindra

Tata Motors

TVS

Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4414
Source: http://news.bbc.co.uk/1/hi/business/7957671.stm
“..the company [Tata Motors] created a huge untapped
market among the Indian middle class, which currently
uses two-wheel vehicles priced at $2,000.”




Source: http://www.businessweek.com/innovate/content/mar2010/id20100319_530576.htm
Healthcare
Teaching hospital in Ludhiana
One of the largest hospitals in north India.
1,200 beds and 26 "super specialties“.




Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4414
IT and media
Indian IT industry




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278343&lang=DE&WT.mc_id=In%20F
ocus,%20March,%2024.03.2010-278305
                    India has 62,000 newspapers.
                  90% of them are in local languages




Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4439
         Ballarpur Industries Limited (BILT) is India’s
         biggest maker of writing and printing paper




Source: http://www.economist.com/business-finance/displaystory.cfm?story_id=15869456
Internet users




Source
https://www.cia.gov/library/publications/the-world-
factbook/rankorder/2153rank.html?countryName=India&countryCode=in&regionCode=sas&rank=4#in
Mobile phone subscribers




Source
https://www.cia.gov/library/publications/the-world-
factbook/rankorder/2151rank.html?countryName=India&countryCode=in&regionCode=sas&ran
k=2#in
Comat Technologies
Provides access to information and services in rural
and underserved regions.




Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4414
Telecommuniations
    Bharti Airtel chose Ericsson, Nokia, and Siemens,
    which were key telecom network-equipment
    vendors, to build up and manage its telecom
    network. It chose IBM to build and manage the IT
    network.

    Bharti Airtel offers mobile telecom service at $.01
    to $.05 per minute.




Source: http://blogs.hbr.org/cs/2010/05/reverse_innovation_success_in_the_tele.html
Film industry
Sources
http://www.businessweek.com//magazine/content/02_48/art02_48/a48tab37.gif
http://emagazine.credit-suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278306&WT.mc_id=In%20Focus,%20March,%2024.03.2010-
278305&lang=EN
Jewelry
Indian jewelry industry




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278343&lang=DE&WT.mc_id=In%20F
ocus,%20March,%2024.03.2010-278305
While there are strong city-specific players like Ganjam
and C. Krishnaiah Chetty in Bangalore or G.R. Thanga
Maligai in Chennai, Tanishq, with sales of US$450
million is the only significant national brand.

The jewelry market in India, estimated to be around
US$15 billion to US$20 billion, primarily comprises a
host of small players.



Sources
http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4348
http://www.tanishq.co.in/
http://www.titan.co.in/
Titan Inds




Source: http://titancorp.chutneylabs.com/investors/quotes
Textile
Indian textile industry




Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278343&lang=DE&WT.mc_id=In%20F
ocus,%20March,%2024.03.2010-278305
Jaipur Rugs gets all the wool from Australia, New
Zealand, Argentina and China and blends it with wool from
Rajasthan, produces carpets using weavers who are
highly distributed - 40,000 of them in five states of India -
and then sells all the rugs produced in the United States.




 Source
 http://www.wharton.universia.net/index.cfm?fa=viewArticle&id=1799&language=english
Other
Packaging tubes
Subhash Chandra's Essel Group. World’s largest.

Optical storage
Moser Baer. Second largest in the world.




Source: http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4414
Cultural
aspects
Population                                                     1.15 billion people


Life expectancy                                                           66 years
                                                                  World ranking: 66

Religions                                                                Hindu 81%
                                                                        Muslim 13%
                                                                        Christian 2%



Sources
https://www.cia.gov/library/publications/the-world-factbook/geos/in.html
https://www.cia.gov/library/publications/the-world-
factbook/rankorder/2102rank.html?countryName=India&countryCode=in&regionCode=sas&rank=161
#in
    India is home to 16% of the world's population but
    also home to 28% of the world's hair, thanks to the
    long tresses that Indian women maintain throughout
    their life.




Sources
http://www.fastcompany.com/magazine/47/hindustan.html?page=0,3
Johnson, Marc: Seizing the White Space, p. 73.
Source
http://emagazine.credit-
suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=278352&WT.mc_id=In%20Focus,%20M
arch,%2024.03.2010-278305&lang=EN
Cultural profile




Source: http://www.geert-hofstede.com/hofstede_india.shtml
    High
power distance
Examples

Education
Teachers are called gurus and are viewed as the source
of all knowledge.

Family
The patriarch, usually the father, is considered the leader
of the family.

Work
The boss is seen as the source of ultimate responsibility
in business.

Source
http://www.kwintessential.co.uk/resources/global-etiquette/india-country-profile.html
Example



Within companies manual labour will only be carried out
by the peon (roughly equivalent to a runner).

It is not uncommon for the moving of a desk to take
hours. This is because no-one in the office will carry out
the task but the peon.




Source: http://www.kwintessential.co.uk/etiquette/doing-business-india.html
Reasons for high power distance




     The influences of Hinduism.

     The tradition of the caste system.




Source
http://www.kwintessential.co.uk/resources/global-etiquette/india-country-profile.html
Relatively low
individualism
5 of the largest business organizations in India
are family managed


    Reliance (managed by Ambani family).
    Birla.
    Goenka.
    Kirloskar.
    Tata.




Source: Culture, Leadership, and organizations - The GLOBE Study, p. 58.
Organizational management practices in China, India,
and Hong Kong are often based on kinship relationships,
i.e. hiring relatives is often the norm rather than the
exception – a system used in many large scale
enterprises in these countries as well.

Large Indian firms practice many of these same
behaviours, such as obedience to elders based on
deference to the wisdom of experience.




Source: Culture, Leadership, and organizations - The GLOBE Study, p. 58.
Weddings typically range from $50,000 to $150,000
and can go as high as $300,000




Source: http://www.business-opportunities.biz/2010/06/22/indian-weddings-are-big-biz/
                    ”In Hinduism, a direct 'no' in conversation is
                    seen as an impolite rejection or potential
                    mental violation”

                                                                               Waseem Hussain, Marwas AG




Source
http://emagazine.credit-suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=195980&WT.mc_id=In%20Focus%20INT%20-%2020.08.2007-196287&lang=EN
            India's Aravind Hospitals, for instance, perform
            250,000 eye operations a year, doing 60 percent
            of their work for free.




Source
http://emagazine.credit-suisse.com/app/article/index.cfm?fuseaction=OpenArticle&aoid=263317&WT.mc_id=In%20Focus%20International%2007.07.2009-264099 =EN
 Road sign in Ladakh, Northern India




Source
http://www.nytimes.com/interactive/2010/05/11/travel/funny-signs.html#/4be3de450bca25292d00038a/

								
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