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    The India Advantage

    after theComprehensive Economic

    Partnership Agreement

    At KCCI

    12 March 2010

    H.E. Mr. Skand R. Tayal

    Ambassador of India

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    President Lee Myung-baks State Visitto India on 24-27 January 2010.

    Strategic Partnership. Comprehensive Economic

    Partnership Agreement.

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    India - FactsArea3.3 million sq. km.

    Population1.1 billion

    GDP (PPP)$5.16 trillion (2008 est.)

    $1.3 trillion (nominal)

    {11th (nominal); 3rd (PPP)}

    GDP growth6.7% (2009)

    7.8% (2010) projected

    GDP per capita$1021 (nominal); $4543 (PPP)GDP by sectorAgriculture: 19.9%

    Industry: 19.3%

    Services: 60.7% (2006 est.)

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    The Growth Story

    India GDP 2007-08:US $ 1.16 trillion

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    Indias Decadal GDP

    Growth rate

    Source: Handbook of Statistics on Indian Economy, Reserve Bank of India

    3.683.29 3.45

    5.17

    6.05

    7.89

    0.00

    1.00

    2.00

    3.00

    4.00

    5.00

    6.00

    7.00

    8.00

    9.00

    1950-51 to

    1959-60

    1960-61 to

    1969-70

    1970-71 to

    1979-80

    1980-81 to

    1989-90

    1990-91 to

    1999-00

    2000-01 to

    2008-09

    % GDP Growt

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    INDIAN ECONOMYINDIAN ECONOMY

    Source : Hindu Business Line, February 13th, 2010

    39% jump in capital goods augurs well for investments; GDP growth likely to top 7.2%.

    INDUSTRY ROLLS AT 16.8 PER CENT IN DECEMBER 2009

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    Macro-economic stability

    Forex Reserves (USD bn)

    5.8 6.4

    20 2232

    42

    75

    141

    192

    303

    0

    50

    100

    150

    200

    250

    FY91

    FY92

    FY93

    FY94

    FY95

    FY96

    FY97

    FY

    98

    FY

    99

    FY

    00

    FY

    01

    FY

    02

    FY

    03

    FY

    04

    FY

    05

    FY

    06

    FY

    07

    FY08(March708

    Steady increase

    in forex

    reserves now

    standing at

    $ 290 Billion.

    13.7

    4.45.4

    0

    2

    4

    6

    8

    10

    12

    14

    16

    FY91

    FY92

    FY93

    FY94

    FY95

    FY96

    FY97

    FY

    98

    FY

    99

    FY

    00

    FY

    01

    FY

    02

    FY

    03

    FY

    04

    FY

    05

    FY

    06

    FY

    07

    Moderate

    inflation

    over last few

    years

    Trends in Inflation- WPI (%YoY)

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    Source: Reserve Bank of India

    Trend in Peak Custom Duty

    ASEAN levels committed to be reached by 2010

    (%)

    150

    110

    85

    65

    5045

    4035

    30

    2012.5 10

    0

    20

    40

    60

    80

    100

    120

    140

    160

    FY91

    FY92

    FY93

    FY94

    FY95

    FY96

    FY97

    FY

    98

    FY

    99

    FY

    00

    FY

    01

    FY

    02

    FY

    03

    FY

    04

    FY

    05

    FY

    06

    FY

    07

    Source: FICCI conference, March 14 15 th 2007

    Trade liberalization reduction in tariffs

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    Increasing FDI trnd

    Source: RBI, DIPP

    Source: Reserve Bank of India

    Svgs & Cap Formation % of GDP ( Current prices)

    23.1

    26.3

    33.8

    32.4

    0

    5

    1015

    20

    25

    30

    35

    40

    Goss domestic savingsGross domestic capital formati

    FY

    91

    FY92

    FY93

    FY94

    FY95

    FY96

    FY97

    FY98

    FY99

    FY00

    FY01

    FY02

    FY03

    FY04

    FY05

    FY06

    In c r e a s in g F D I I

    05

    1 01 52 02 5

    3 0

    2 0 0 0 -

    0 1

    2 0 0 1 -

    0 2

    2 0 0 2 -

    0 3

    2 0 0 3 -

    0 4

    2 0 0 4 -

    0 5

    2 0 0 5 -

    0 6

    2 0 0 6 -

    0 7

    2 0 0 7 -

    0 8

    2 0 0 8 -

    0 9 (t i l l

    J a n )

    Y e a r

    ActualInflowinUS$Bn

    Economy high growth ratesleading to increasing FDI

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    INDIAN ECONOMYINDIAN ECONOMY

    Source : Financial Express, January 17th, 2010

    INDIA INC INVESTMENTS RISE BY MORE THAN 50 PER CENT IN 2009

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    INDIAN ECONOMYINDIAN ECONOMY

    INDIA TO BE USD2 TRILLION ECONOMY BY 2015

    As per a report by Enam Securities titled 'India Strategy, India will be a USD2trillion economy in the next five years as its GDP growth is likely to average at 12per cent in nominal terms, powered by a huge consumption demand.

    This growth will be led by the huge consumption demand in sectors like FMCG,power, auto (small car hub), IT and pharma.

    Insurance companies, financial services and equity markets will flourish as thecountry's annual savings pool grows to USD700 billion from USD400 billion atpresent.

    "More than half of this (USD700 billion) could flow into financial savings.

    With favourable demographics and average seven per cent real growth, India cansustain more than 30 per cent savings rate akin to the Asian tigers, or China andJapan.

    Source : Business Standard, November 16th, 2009

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    Drivers of the India Growth Story

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    Indias Integration with EastAsia..

    India is active participant in the ongoing Asian

    economic regionalism. It is the second nation,after Singapore, in Asian region,having/negotiating/proposed maximum number ofFTAs.

    Till date, the total number of Indias FTA (bothproposed and concluded) is 32. Out of this , 19

    are with the Asian countries. Already concluded FTAs with East Asiancountries:

    India-Korea CEPA

    India-ASEAN FTA

    India-Singapore CECA

    India-Thailand FTA

    Proposed/under consultation/under negotiation

    India-Japan

    India-Australia

    India-New Zealand

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    Why India?

    India to be the 5th

    largest consumer market by 2025 India is worlds largest functional democracy with apopulation of over One Billion people

    India second fastest growing major economy after China. Full National Treatment for Foreign Companies

    Incorporated in India

    Profits & Dividends can be Freely Repatriated Stable & Well Developed Banking System

    India has followed a calibrated globalization process liberalization of FDI regime

    reduction in import tariff fully convertible current account moving towards fuller capital account convertibility compliance with WTO norms

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    Position India China Relative Difference (%)

    HR manager 15,100 32,000 112 %

    Marketing manager 14,300 25,800 80%

    Project manager 10,000 23,400 134%

    Software developer 10,300 13,400 30%

    Financial analyst 8,400 13,200 57%

    Accountant 5,700 9,000 58%

    Sales representative 4,700 5,100 8%Production worker 1,900 2,300 21%

    Average annual pay for various jobs in India &China (US$)

    Source : FICCI Compilation

    Indias labour costs as a percentage of value added

    are one of the lowest among Asian countries

    Indias CostCompetitiveness

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    690000

    530000

    350000

    420000

    470000

    300000

    350000

    400000

    450000

    500000

    550000

    600000

    650000

    700000

    750000

    India China J apan USA European

    community

    Source Morgan Stanley

    Annual additions to the stock of science andengineering graduates

    Large Intellectual Capital base

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    Untapped Market PotentialFigures for Penetration rate

    (per 1000 people)

    Market size

    (Annual sales in Mn)

    Passengercars

    10 1.1

    Motorcycles 39 5.8

    Cellularsubscribers

    500 100

    Internetsubscribers

    6 1.1

    Televisions 104 12

    While the absolute size of the market is large, penetration rates are still low vastuntapped potential

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    Power

    Energy shortage at 7.7% / Peak shortage of 12.3%

    Ongoing projects: 52000 MW: Investment US$ 60 bn

    Private Ultra Mega Power Projects (4000 MW / USD 4 bn each) thr

    Competitive Bids

    Roads

    Annual growth 12 -15% in passenger traffic and 15 -18% for cargo

    Investment Opportunities US $ 30 billion till 2012

    Ports

    960 million tonnes of traffic by 2013-2014

    7.7 % p.a. growth expected in cargo handling till 2013-2014

    Investment opportunities: US $ 20 bn till 2012

    Infrastructure Opportunities: Power / Roads / PortsInfrastructure: US$ 510 bn in investments planned in next five years

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    INDIAN POWER INDUSTRYINDIAN POWER INDUSTRYULTRA MEGA POWER PROJECTS IN PROGRESS

    UMPP Developer Fuel linkage EPC contract Scheduled date of commissioning

    Mundra, Gujarat Tata Power Company Two coal mines of Indonesia's BumiResources, in which TPC has acquired26 per cent stake

    Awarded - Doosan HeavyIndustries, ToshibaCorporation

    Two units by 2012

    Sasan, MadhyaPradesh

    Reliance Power Limited Moher, Moher-Amlohri extension andChattrasal coal blocks at Singraulicoalfields. The Chattrasal block is underdevelopment

    Awarded - RelianceInfrastructure Limited

    Two units by December2011, all six units byApril 2013

    Krishnapatnam, AndhraPradesh

    Reliance Power Limited Three Indonesian coal mines Talks on with DoosanHeavy Industries, Toshibaand Larsen & Toubro

    September 2013 -October 2015

    Tilaiya, Jharkhand Reliance Power Limited Kirandhari B and C coal blocks, NorthKaranpura

    Talks on with RelianceInfrastructure Limited

    By 2015

    EPC : Engineeering, procurement and construction

    UPCOMING ULTRA MEGA POWER PROJECTSProject State Current status

    Kudgi Karnataka Ministry of Power's approval received

    Munge Maharashtra Project site finalised

    Cheyyur Tamil Nadu Project site finalised

    Bedabaha Orissa Land acquisition in process, coal blocks alloted

    Source : POWERLINE, February 2009

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    INDIAN POWER INDUSTRYINDIAN POWER INDUSTRY

    NUCLEAR POWER SECTOR

    Source : Indian Infrastructure, September 2009

    India has a flourishing and largely indigenous nuclear power programme and expects tohave 20,000 MWe nuclear capacity on line by 2020.

    Nuclear Power Corporation of India Limited (NPCIL) has a monopoly in the Indiannuclear power market.

    At present India has a nuclear capacity of 4,120 mw from 17 nuclear reactors.

    Prime Minister, Dr. Manmohan Singh has referred to the target to provide 20 GWe by2020, as "modest" and capable of being "doubled with the opening up of internationalcooperation."

    More recently on 30th September,2009, Dr. Manmohan Singh indicated that usingIndias unique three stage programme, our nuclear industry could potentially yield4,70,000 MW of power by 2050.

    In India, we see nuclear energy as a vital component of our energymix Our nuclear industry is poised for a major expansion, and there will behuge opportunities for the global nuclear industry to participate in (this)expansion If we can manage our (nuclear) programme well, our three-stage strategy could yield potentially 4,70,000 MW of power by 2050

    Prime Minister, Dr. Manmohan Singh, 30th September 2009

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    PORTS IN INDIAPORTS IN INDIA

    Consultancy Technical Engineering

    Financial

    Operatorship

    Construction

    Dredging Ancillary Services

    Towage

    Pilotage

    Supply of Equipment

    Port Connectivity Rail

    Road

    Water

    Warehousing and Distribution

    Ship Yards

    INVESTMENT OPPORTUNITIES IN THE PORT SECTOR

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    ROADS IN INDIA

    100 per cent foreign direct investment (FDI) allowed under the automatic route in allroad development projects.

    With incentives like 100 per cent income tax exemption for a period of 10 years, theNHAI provides grants/viability gap funding for marginal projects, and formulation of

    model concession agreements among others.

    Investors in identified highway projects permitted to recover investment by way ofcollection of tolls for specified sections and periods.

    The government has also announced an increase in the overseas borrowing amount ofinfrastructure sectors, to USD500 million from USD100 million.

    In order to tide over the shortage of funds, the road transport and highways ministry hasproposed priority sector status for road development, allowing private highwaydevelopers more funds from banks.

    GOVERNMENT INITIATIVES

    Source : Indian Brand Equity Foundation

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    RAILWAYS IN INDIA

    DEDICATED FREIGHT CORRIDOR PROJECT ROUTE MAP

    Source : Ministry of Indian Railways

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    RAILWAYS IN INDIA

    METRO RAIL SYSTEMS

    GOVERNMENT KEEN ON TRANSPORT ALTERNATIVES

    As huge upfront capital investmentrequired for every metro project,government is promoting joint venture andpublic private partnership (PPP) routes for

    the metro projects.

    Bombardier Transportation estimates thatthe Investment opportunities for greenfieldmetro rail projects and related equipment(excluding locomotives) in India will be

    around USD3.5 billion by 2014.

    Further, it expects the annual demand formetro rail coaches in India to reach 1,000units by 2011.

    Source : Indian Infrastructure December 2009

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    INDIAN TELECOM INDUSTRYINDIAN TELECOM INDUSTRY

    Source : Indian Infrastructure, August and November 2009

    A BRIEF OUTLOOK

    The Indian telecom industry continues its growth trajectory amidst the economic slowdown

    As per the Telecom Regulatory Authority of India (TRAI) during January 2009 :

    Total Telephone subscriber base reached 581.81 Million

    Wireless subscription reached 545.05 Million

    Wireline subscription declined to 36.76

    19. 90 Million new additions in wireless

    Wireline subscription declined by 0.31 Million

    Overall Tele-density reached 49.5

    Broadband subscription is 8.03 million

    FDI inflows during 2008-2009 touched Rs 117.27 billion (USD 2.56 billion),

    during April-November 2009 it reached Rs 108.11 billion (USD 2.22 billion).

    Anticipated launch of 3G and Wi-Max services.

    New operators launching services.

    Rural telephony to witness strong growth.

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    INDIAN TELECOM INDUSTRYINDIAN TELECOM INDUSTRY

    Source : Confederation of Indian Industry (CII) Ernst & Young report titled India 2012: Telecom Growth Continues

    Total telecom subscriber base to reach close to 690 - 700 million by 2012. Wireless subscriber growth to continue, expected to reach 640 - 650 million in

    2012.

    The fixed line base is estimated to reach approximately 45 - 50 million in 2012.

    Indias telecom services industry revenue projected to reach USD54 billion.

    Rural telecom will be the new growth constituency with tele-density levelsreaching about 40 per cent.

    25 - 30 million 3G subscribers estimated by 2012, WiMax subscribers to reach 8- 10 million.

    By 2012, internet and broadband subscribers to reach 45 million and 25 - 30million respectively while 196 million subscribers are expected to access theinternet through the mobile.

    FUTURE OUTLOOK

    As per the Reliance Equities report, released in September 2009, the number of telecom towers

    in India in 2010-2011 is projected to grow to 337,375 from an estimated 282,074 in 2009-2010.

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    Chemicals

    Indian consumption levels 1/10th of global average

    New Petroleum, Chemicals and PetrochemicalsInvestment Region (PCPIR) policy. Each PCPIR tohave 250 sq.km area, refinery/petrochemical feed stock

    company. These regions to be in West Bengal, Gujarat andAndhra Pradesh.

    6th IndiaChem 2010 (Exhibition and Conference) to beheld in Mumbai 28-30 October at Bombay ExhibitionCentre. It would focus on chemicals, technologies,process plant machinery, control and automationsystems and petrochemicals. Japan was partnercountry in 2004 and Korea is requested for 2010.

    www.indiachem.in

    Several factors make India a favourite

    http://www.ameecastor.com/images/heinz-ketchup-factory.jpg
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    Several factors make India a favouriteinvestment destination

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    Consumer Market in India

    1. Low margin high volumes model.

    2. 506 million Mobile phones.

    3. Consumer looking for a deal.

    4. 40 million new consumers cominginto market every year.

    5. Single use products shampoo insachets.

    6. Appliances designed for power

    failures.

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    Indian Subsidiaries Outshine Overseas ParentsBetter Financial Performance

    Trends visible in many sectors:IT, auto, pharma & consumar durables

    Overseas parent SalesGrowth

    (%)

    Indian Subsidiary SalesGrowth

    (%)

    Unilever 8.6 Hindustan Unilever 11.6

    Siemens 14 Siemens India 56

    ABB 2.5 ABB India 32

    Colgate 4.5 Colgate India 26

    Hyundai Motors 6 India (exported a million cars!) 25

    Samsung Global 15 Samsung India 29

    LG Global 12.5 LG India 21

    http://www.google.com/imgres?imgurl=http://www.stockmarkettipz.info/wp-content/uploads/2009/11/Ranbaxy-logo.jpg&imgrefurl=http://www.stockmarkettipz.info/2009/11/ranbaxy-short-term-investments-target-price.html&h=150&w=200&sz=8&tbnid=na7btfHa8i1E7M:&tbnh=78&tbnw=104&prev=/images%3Fq%3DRanbaxy%2Blogo&hl=en&usg=__c8s0WYcbkIfOTKNzG8WlZTOxs9E=&ei=PBmXS6fpG5TWtgOKkNXCAQ&sa=X&oi=image_result&resnum=3&ct=image&ved=0CAoQ9QEwAg
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    Bilateral Context

    Excellent political relations President Lees landmark State Visit in Jan 10

    Growing economic content trade in 2008 was15.6 billion dollars. Bilateral Trade Target for 2014 is US$ 30

    Billion

    CEPA is operational from January, 2010 Indian market hospitable to Korean business. Leading Korean Companies household names.

    http://www.google.com/imgres?imgurl=http://www.stockmarkettipz.info/wp-content/uploads/2009/11/Ranbaxy-logo.jpg&imgrefurl=http://www.stockmarkettipz.info/2009/11/ranbaxy-short-term-investments-target-price.html&h=150&w=200&sz=8&tbnid=na7btfHa8i1E7M:&tbnh=78&tbnw=104&prev=/images%3Fq%3DRanbaxy%2Blogo&hl=en&usg=__c8s0WYcbkIfOTKNzG8WlZTOxs9E=&ei=PBmXS6fpG5TWtgOKkNXCAQ&sa=X&oi=image_result&resnum=3&ct=image&ved=0CAoQ9QEwAg
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    Attracting FDI Inflows from

    South KoreaRank Sector Percentage FDI Inflows

    fromSouth Korea

    1. Automobile Industry 18.07

    2. Metallurgical Industries 15.18

    3. Electronics 14.73

    4. Housing & Real Estate 9.96

    5. Industrial Machinery 7.41

    Total Investment from Korea 1.6 Billion

    (from January 2000 to May 2009)

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    Potential Areas for KoreanInvestments in India

    Auto & Auto Ancillary

    Defense

    Pharmaceutical & Chemical Products

    Healthcare

    Information Technology

    Infrastructure

    Shipping & Ports

    Textile, Garment & Apparel Industry

    Mechanical tools

    Machinery

    Food Processing Industries

    Solar Power

    E l

    http://images.google.com/imgres?imgurl=http://bikyamasr.com/wordpress/wp-content/uploads/2009/12/solar_power.jpg&imgrefurl=http://bikyamasr.com/%3Fp%3D6837&usg=__lBYJxaDNpxh1TWxKDDDwqnkN0sg=&h=366&w=487&sz=24&hl=en&start=5&itbs=1&tbnid=U4al51oJjO4hhM:&tbnh=97&tbnw=129&prev=/images%3Fq%3Dsolar%2Bpower%26hl%3Den%26safe%3Doff%26sa%3DG%26gbv%3D2%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://www.nhslothian.scot.nhs.uk/wastedmedicines/pills.jpg&imgrefurl=http://www.nhslothian.scot.nhs.uk/wastedmedicines/default.asp&usg=__l8soZ6xJybq19MlXLV8FQqnNU_o=&h=363&w=435&sz=28&hl=en&start=28&itbs=1&tbnid=AN15OWPlbiV1JM:&tbnh=105&tbnw=126&prev=/images%3Fq%3Dmedicines%26start%3D20%26hl%3Den%26safe%3Doff%26sa%3DN%26gbv%3D2%26ndsp%3D20%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://bikyamasr.com/wordpress/wp-content/uploads/2009/12/solar_power.jpg&imgrefurl=http://bikyamasr.com/%3Fp%3D6837&usg=__lBYJxaDNpxh1TWxKDDDwqnkN0sg=&h=366&w=487&sz=24&hl=en&start=5&itbs=1&tbnid=U4al51oJjO4hhM:&tbnh=97&tbnw=129&prev=/images%3Fq%3Dsolar%2Bpower%26hl%3Den%26safe%3Doff%26sa%3DG%26gbv%3D2%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://images.zigwheels.com/uploads/newcar/Hyundai_logo.jpg&imgrefurl=http://www.zigwheels.com/News/Hyundai-unveils-the-i10-Electric/i10_20100106-1-1&usg=__rYOtnDgMwGfmWim3vLiWfgmBBqE=&h=600&w=800&sz=42&hl=en&start=2&itbs=1&tbnid=LYuszheDdmHhpM:&tbnh=107&tbnw=143&prev=/images%3Fq%3DHyundai%2BIndia%26hl%3Den%26safe%3Doff%26gbv%3D2%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://www.blonnet.com/2004/03/25/images/2004032500730201.jpg&imgrefurl=http://www.blonnet.com/2004/03/25/stories/2004032500730200.htm&usg=__que5L2lbZZ7Vcm_2ZY1eltUUknQ=&h=305&w=351&sz=31&hl=en&start=5&itbs=1&tbnid=ale-nbyXii3jcM:&tbnh=104&tbnw=120&prev=/images%3Fq%3DHyundai%2BIndia%26hl%3Den%26safe%3Doff%26gbv%3D2%26tbs%3Disch:1
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    Example -Hyundai Motor India Ltd.

    [HMIL] Fastest Growth in Exports fromIndia - Total of 1 million cars in

    2010

    No. 1 Exporter of Automobiles

    from India

    Accounts for 66% of Total

    Passenger Car Exports from

    India

    Exports to over 113 countries

    from India (120 by end 2010)

    Biggest Operations outside of

    Korea in India

    Over 50% of production in India

    is Exported

    Year Exports (Cars)

    1999 20

    2000 3,823

    2001 6,092

    2002 8,245

    2003 30,416

    2004 75,871

    2005 96,560

    2006 113,339

    2007 126,749

    2008 243,9192009 210,007

    Total 975,041

    Source: Business Line

    http://images.google.com/imgres?imgurl=http://images.zigwheels.com/uploads/newcar/Hyundai_logo.jpg&imgrefurl=http://www.zigwheels.com/News/Hyundai-unveils-the-i10-Electric/i10_20100106-1-1&usg=__rYOtnDgMwGfmWim3vLiWfgmBBqE=&h=600&w=800&sz=42&hl=en&start=2&itbs=1&tbnid=LYuszheDdmHhpM:&tbnh=107&tbnw=143&prev=/images%3Fq%3DHyundai%2BIndia%26hl%3Den%26safe%3Doff%26gbv%3D2%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://www.blonnet.com/2004/03/25/images/2004032500730201.jpg&imgrefurl=http://www.blonnet.com/2004/03/25/stories/2004032500730200.htm&usg=__que5L2lbZZ7Vcm_2ZY1eltUUknQ=&h=305&w=351&sz=31&hl=en&start=5&itbs=1&tbnid=ale-nbyXii3jcM:&tbnh=104&tbnw=120&prev=/images%3Fq%3DHyundai%2BIndia%26hl%3Den%26safe%3Doff%26gbv%3D2%26tbs%3Disch:1
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    Information Technology

    Indian IT-BPO sector US$ 71 billion

    Software and services exportsUS$ 47 billion in 2008

    Indian IT companies are experts in: Custom Application Development andMaintenance (CADM)

    System Integration IT Consulting Application Management

    Computer Aided Designing (CAD) Legal Process Outsourcing Animation Industry

    IT Enabled Services

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    India Preferred IT Services Supplier to the World

    Company Outsourcing for

    IT ServicesIT Services

    Infosys

    Tata Consultancy Services(TCS)

    Wipro

    Goldman Sachs, Aetna, Northwestern Mutual, Am Ex DHL, Verizon

    GE, Honda, UBS, HSBC

    Transco, HP Compaq, Nortel, General Motors, CISCO, Sony

    IT Enabled Services

    Mphasis BFL

    Spectramind

    Citi Group, Accenture, Auto Zone, Capital One

    Dell, American Express, Capital One

    Recent IT Contracts for Indian Companies

    1. British Petroleum with TCS, Infosys & Wipro

    2. Etisalat DB telecom with Tech Mahindra (S161 million)

    3. Cardiff City Council with Tata Consultancy Services ($248 million)

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    Pharmaceutical Industry in India

    1. Medicines at affordable cost

    2. Third largest in the world in volume terms3. Over $20 billion in terms of value

    4. Exports over $8 billion worth of drugs andpharmaceuticals to US, Europe, Japan,Australia, etc.

    5. Advantage in GENERIC DRUGS ($80 billionworth drugs patent expiring by 2012.

    6. Ranbaxy majority share bought by Daiichi-Sankyo worth $4.6 Billion.

    http://www.google.com/imgres?imgurl=http://www.stockmarkettipz.info/wp-content/uploads/2009/11/Ranbaxy-logo.jpg&imgrefurl=http://www.stockmarkettipz.info/2009/11/ranbaxy-short-term-investments-target-price.html&h=150&w=200&sz=8&tbnid=na7btfHa8i1E7M:&tbnh=78&tbnw=104&prev=/images%3Fq%3DRanbaxy%2Blogo&hl=en&usg=__c8s0WYcbkIfOTKNzG8WlZTOxs9E=&ei=PBmXS6fpG5TWtgOKkNXCAQ&sa=X&oi=image_result&resnum=3&ct=image&ved=0CAoQ9QEwAghttp://images.google.com/imgres?imgurl=http://www.mvaayoo.com/img/LupinLogo.jpg&imgrefurl=http://www.mvaayoo.com/CaseStudies.html&usg=__VZBUtHoEPz3DdAMyhDb0a3qCqYw=&h=106&w=92&sz=8&hl=en&start=16&um=1&itbs=1&tbnid=MqYahUHIV58_dM:&tbnh=84&tbnw=73&prev=/images%3Fq%3DLupin%2Bltd%2Blogo%26um%3D1%26hl%3Den%26safe%3Doff%26sa%3DN%26tbs%3Disch:1
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    Global Reach ofIndian Pharmaceuticals

    US FDA ApprovedPharma Plants in India

    65

    US Pharma Patents

    for Indian formulations

    >200

    Indian Pharma Companies Manufacturing for

    CIPLA Ivey, Watson Pharma, Eon Labs

    Shashun Chemicals Eli Lily, Glaxo-SmithKline Pharma

    Lupin Laboratories Apotex, APP, Watson Pharma

    Torrent Pharma Novo Nordisk (26 million vials /

    annum of insulin)

    http://images.google.com/imgres?imgurl=http://www.mvaayoo.com/img/LupinLogo.jpg&imgrefurl=http://www.mvaayoo.com/CaseStudies.html&usg=__VZBUtHoEPz3DdAMyhDb0a3qCqYw=&h=106&w=92&sz=8&hl=en&start=16&um=1&itbs=1&tbnid=MqYahUHIV58_dM:&tbnh=84&tbnw=73&prev=/images%3Fq%3DLupin%2Bltd%2Blogo%26um%3D1%26hl%3Den%26safe%3Doff%26sa%3DN%26tbs%3Disch:1http://images.google.com/imgres?imgurl=http://www.packshield.com/images/aboutus/clientele/cipla-logo5.gif&imgrefurl=http://www.packshield.com/aboutus/clientele.php&usg=__bS6_kKbck0oSmUnNOaZquCtbrSk=&h=59&w=116&sz=5&hl=en&start=16&itbs=1&tbnid=imoNtZxCBIkeFM:&tbnh=44&tbnw=87&prev=/images%3Fq%3DCIPLA%2Blogo%26hl%3Den%26safe%3Doff%26sa%3DG%26gbv%3D2%26tbs%3Disch:1
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    Partnership in Space,Science & Technology

    On 26 May 1999 Indias Polar Satellite Launch Vehicle PSLVC2 successfully launched Korean satellite KITSAT-3 into space.

    India has 54 satellites in space.

    22 Satellites launched for companies from Germany, Italy,Belgium, Indonesia and Argentina.

    Indias capacity to design, fabricate, launch and track satelliteson own Launch Vehicles.

    Chandrayaan orbiting the Moon.

    $10 Million Common Fund for R&D in S&T.

    Comprehensive Economic

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    Comprehensive EconomicPartnership Agreement

    [CEPA]To deepen co-operation in

    Trade in goods

    Information Technology

    Transfer of Technology

    Manufacturing sector

    Services sector

    Movement of professionals

    P hi A

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    Partnership Agreement[CEPA]

    Complete exemption from Basic Customs

    duty (BCD)

    to 104 specified items

    Main products include - printed books, aircrafts,

    aircraft

    engines, parts of aircraft engines, helicopters

    specified industrial robots, telephone answering

    machines, etc.

    Benefit of concessional BCD provided to 962

    specified items

    nuclear reactors, steam or other boilers,

    engines, combined refrigerator-freezers, dish

    washing machines, hair drying/ hand drying

    apparatus, golf cars, motorcycles with specified

    cylinder capacity, etc

    Benefits/

    Concessio

    ns

    effective

    from

    January 1,2010

    CEPA

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    CEPABenefits

    Encourage Korean companies to setupmanufacturing in India

    Korean Companies can Import RawMaterials, Inputs used in Manufacturing atConcessional Import Duty in India

    Export to Korea from India with ExportBenefits & Concessional Import Duty inKorea

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    Leverage IndiasHuman Resources

    R&D Laboratories in India. Samsung, LG, Hyundai Motors.

    Indian Engineers and IT Experts in Korea. Designing & Research (~1000). Scientists and Researchers in Korean Universities (~600).

    Indian experts will make Korean companies morecompetitive globally - Middle-East contracts.

    CEPA opens new doors 163 categories of professionals from India can work on

    contracts in Korea.

    LIST OF PROFESSIONALS

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    LIST OF PROFESSIONALS(ANNEXURE 8-A OF CEPA)

    1 Computer Hardware Design Engineers

    2 Computer network products developer

    11 Telecommunication Machinery Engineers and Researchers

    21 Wireless communication network manager

    22 Electrical circuit manager

    30 Optical communication products Design developer

    33 Wireless phone developer

    34 Digital receiver developer

    38 Communication network operation Engineers

    43 CDMA technology research developer

    52 Computer System Supervision Professionals

    53 Computer System Designers and Analysts

    59 System Software Programmers

    65 Application Software Designers and Analysts

    66 Network Programmers

    68 Data management application programmer

    69 Financing management application programmer

    72 Database Designers and Analysts

    73 Database Programmers

    79 LAN Engineers

    81 WAN Engineers

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    81 WAN Engineers

    84 Web Engineers and Programmers

    86 General management consultant

    87 Financial management consultant

    88 Marketing management consultant

    89 Human resources management consultant

    93 Electrical Measurement and Control Engineers and Researchers

    117 Farming machine (design) Engineers

    124 Special Engineering Design Service for automobile (automobile designer)

    129 Petroleum and Chemical Engineers and Researchers

    130 Rubber and Plastic Engineers and Researchers

    131 Pesticide and Fertilizer Engineers and Researchers

    134 Natural gas Chemical Engineers

    140 Electrical Products Development Engineers and Researchers

    141 Power Plant Engineers and Researchers

    149 Ship Engineers and Researchers

    156 Biologist

    157 Biochemist

    159 Civil Construction Engineers

    160 Advertising Professionals

    161 Computer Game Programmers

    163 Assistant English Teachers6 for primary and secondary schools

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    Success of Korean Companies in India

    1. Pioneers are Samsung Electronics(1995), Hyundai Motors (1996) and LGElectronics (1997).

    2. Now >400 Korean Corporations in Indiawith more than US$1.5 billioninvestment.

    3. POSCO proposes US$12 billioninvestment progress slow but steady.

    4. 65% Korean companies in profit.24% showing growth but still in deficit11% in deficit.

    5. Recent Entrants:Woori Bank, Samsung SDS, Korean ITCorporation.

    http://hyundai.co.in/index.asphttp://images.google.com/imgres?imgurl=http://compareindia.in.com/media/images/2009/jul/img_70772_samsung-logo_b.gif&imgrefurl=http://compareindia.in.com/top-stories/computers/samsung-sets-up-its-first-it-brand-shop-in-india/43822/0&usg=__1HlaUd6lcK438aoDscmpHs58XoA=&h=800&w=800&sz=57&hl=en&start=7&itbs=1&tbnid=2raV_ddIIF65XM:&tbnh=143&tbnw=143&prev=/images%3Fq%3DIndia%2BSamsung%2Bshop%26hl%3Den%26safe%3Doff%26sa%3DG%26gbv%3D2%26tbs%3Disch:1
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    Indian Companies in South Korea

    http://www.indochamkorea.org

    http://www.lntinfotech.com/index.asphttp://images.google.com/imgres?imgurl=http://pulse2.com/wp-content/uploads/2009/04/wipro-logo.jpg&imgrefurl=http://pulse2.com/category/wipro-technologies/&usg=__Iao8Ogd9uZIZ-tx193z4uIJvpsQ=&h=375&w=320&sz=25&hl=en&start=4&um=1&tbnid=-IXsbNPF3WQbSM:&tbnh=122&tbnw=104&prev=/images%3Fq%3DWIPRO%26hl%3Den%26sa%3DN%26um%3D1http://www.tata-daewoo.com/ver3/eng/02_main/main.html
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    Gujarat Vittal Innovation City FEZ

    Support by KOTRA and Korea LandCorporation.

    800 Acres Area Reserved forKorean SMEs.

    Trilateral MoU between KoreaLand Corporation, GVIC andGovernment of Gujarat.

    Korean Ecosystem.

    70 Korean companies haveexpressed interest.

    Electronics, specialty chemicals,components, light engineering.

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    The New BrandMade in INDIA

    inPartnership with KOREA

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    Thank You.

    Ambassador of [email protected]