INDIA

McKay ColtonCarleton CopaEthan DavisEthan Fabela

Greg McKinnon

TROGDOR

The Burninators

India - सत्यमेव जयते

India’s Culture

• India’s tradition and heritage are extremely important and are woven into all parts of society

• Religion is an integral part of society and a public affair

• Family values are considered sacred

• Field hockey is the national sport. However, cricket has become the de facto national game

India Today

• An Emerging Economic Superpower

• 10th Largest Economy – Gross GDP

• 4th Largest Economy – PPP

• By 2050 Projected 3rd Largest Economy

Is India a Superpower?

• Forget the India you once knew: It is gone. Contemplate instead a new, funky, self-confident, resurgent nation, embracing its role as an emerging Asian superpower. This year, India's growth rate could outstrip China's — and prove more sustainable. Indians are big in global software development. India's core institutions, from an independent judiciary and a feisty free press to a massive, nuclear — but always apolitical — military, are anchored by roots more than half a century old. There is mounting support for India to become a permanent member of the United Nations Security Council. The country's scientists plan to launch a moon probe. Then there is the brightest jewel in India's crown: its firm adherence to democracy. Put all this together and the surprise is not that India is gatecrashing the elite superpower league, but that it has not happened earlier.

World Economies Today Rank Country GDP (PPP)— World 60,710,0001 United States 12,360,000

— European Union 12,180,000

2 China 8,859,000

3 Japan 4,018,000

4 India 3,611,000

5 Germany 2,504,000

6 United Kingdom 1,830,000

7 France 1,816,000

8 Italy 1,698,000

9 Russia 1,589,000

10 Brazil 1,556,000

02,000,0004,000,0006,000,0008,000,000

10,000,00012,000,00014,000,000

United States India Italy

Economies

World Economies

India Today

• Population – 1.1 Billion, 2nd Largest

• 7th Largest Geographically

• Largest Democracy in the World

India Today

• 122nd in Per Capita Income• 79.9% of Population live on less than $2/day• 212 Million undernourished people• Nuclear Power• Active Space Program

Politics

Federal Parliamentary Representative

Democratic Republic

Structure

•Executive

•Legislative

•Judicial

Parties

“Worlds Largest Democracy”

• United Progressive Alliance– Indian National Congress

• National Democratic Alliance– Bharatiya Janata Party

Corruption

•Recent polls indict that India has the 2nd most corrupt government, trailing Hong Kong

•Estimated that 85% of the politicians are corrupt

•The constitution states that the Executive branch cannot influence the Judiciary

•Executive appoints the Judicial branch

You do the math…

-There are no Economic threats, only benefits

*Burgeoning Middle Class *Skilled work force

-Risks

India: Economic Threats and Benefits to the U.S.

Merchandising Exports

• 30th in the world• $75.6B• 0.8% of world merchandise exports

Exports of Commercial Services

$0

$5

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1994 1996 1998 2000 2002 2004

Bill

ions

Source: WTO

Labor Force

• 496.4 million• 60% agriculture – 22% of GDP• 17% industrial• 23% in services

Zippies

• Indians ages 15-25• Destination driven• Outwardly looking• Upwardly mobile

Education

• Indian Institutes of Technology (7)• Indian Institutes of Management (6)

“When I finished IIT Delhi and went to Carnegie Mellon for my Masters, I thought I was cruising all the way because it was so easy relative to the education I got at IIT”

Vinod Kholsa, cofounder Sun Microsystems

Capital Markets

• Bombay Exchange– 3500 Companies– Market Cap $466B– 5th largest by trading volume

Services

• Radiologist• CPA

Tata Group

• Chairman Ratan Tata• $12.5B• Industrial & Services• Tata Consulting – India and Indiana• Agreement to buy Corus Steel• Who printed your textbooks?

Economic Stability

• Key to Indian innovation– Transparent markets– Intellectual property rights– Flexible labor laws

• Business Creation and Dissolution– 10 years to complete bankruptcy

Skyscrapers

• Sixth-floor window gives views for miles in New Dehli