india newsletter 09.2011

PUBLISHED BY THE EMBASSY OF INDIA VIENNA YEAR 1 | ISSUE 9 | SEPTEMBER 2011

INDIA NEWSLETTER INDIA NEWSLETTER

2 | I n d i a - A u s t r i a N e w s l e t t e r - S e p t e m b e r 2 0 1 1

News

► SPECIAL

Engineering Exports. India's engineer-

ing exports saw a whopping growth of

187% to $8.2 billion in July year-on-year

on the back of rising demand, mostly

from new markets like Latin America

and Africa. In July last year, the exports

stood at $2.88 billion, according to the

data released by the Engineering Export

Promotion Council (EEPC). "The in-

crease in orders is mainly from emerg-

ing markets like Brazil, Mexico, Argenti-

na and Colombia. But the demand is

sluggish in Western markets like the US

and Europe," an EEPC official said.

Infrastructure. With electricity and steel

showing healthy production growth, the

eight core infrastructure industries

expanded by 5.2% in June as against

4.4% in the same period last year. The

industries -- crude oil, petroleum refinery

products, natural gas, fertilisers, coal,

electricity, cement and finished steel --

have a weight of 37.90% in the overall

index of industrial production.

With addition of two sectors -- fertilisers

and natural gas -- the number of key

infrastructure sectors, picked up

separately for measuring performance

has now gone to eight. Electricity and

steel grew by 8.2% and 12.5% in June

from 3.8% and 4.3% in the same month

in 2010. Crude oil production grew by

7.7% in the month under review from

6.8% in the comparable period of last

year. Petroleum refinery products too

grew by 4.7% from 2.9%. However,

natural gas, cement, coal and fertiliser

showed a decrease of 11.7% , 0.8% ,

3.3% and 2.4%, respectively.

Foreign Investments. In a further liber-

alisation of the portfolio investment route

incorporating the industry's suggestions

for a more vibrant debt market for the

infrastructure sector, a new category of

qualified foreign investors (QFIs) are

now permitted to invest up to $13 billion

in equity and debt schemes of mutual

funds (MFs). Finance Ministry said: ―It

has been decided that the aggregate

investments by qualified foreign inves-

tors in equity schemes of the mutual

funds under direct and indirect routes

shall be subject to a ceiling of $10 bil-

lion.''◄

► ECONOMY

Economic Growth. India could have the

world's third largest GDP by 2025 if the

country maintained its present growth rate,

Prime Minister Singh said while conceding

that the target of 9% growth for the next five

years was "very ambitious" given the cur-

rent state of the global economy.

Income per capita. The per capital income

in the country has jumped over two-folds

between 2004-05 and 2010-11 to touch Rs

54,835 per annum, Parliament was in-

formed today. Minister of State for Statistics

and Programme Implementation Srikant Je-

na said that Delhi, Chandigarh, Puducherry

and Haryana are the top states and union

territories with regard to per capital income

in 2010-11. "The per capita income at the

national level, which was Rs 24,143 in the

year 2004-05, stands at Rs 54,835 in the

year 2010-11, showing an increase of more

than 120 per cent," the minister said.

Exports. Even as the Commerce Ministry

warned exporters of a possible downslide in

exports in the coming months, India's ex-

ports registered a steep 81.8 per cent year-

on-year growth at $29.3 billion in July due

to the sterling performance of sectors such

as engineering, petrochemical products and

gems and jewellery.

Forex Reserves. After topping pre-crisis

levels, India‘s foreign exchange reserves

have posted a new high of $319 billion as

on July 29, according to data from the Re-

serve Bank of India (RBI). While foreign

currency assets have grown in tandem, ap-

preciation in gold reserves has also contrib-

uted.

Green Jobs. The fast-growing green ener-

gy sector is expected to create about one

million new jobs in the country over the next

two years, offering employment opportuni-

ties in diverse areas, feel experts.

Economy & Business

August 2011 Highlights

Increasing environmental awareness,

growth of global carbon markets and the

rise of green buildings and the like will

eventually mean employment opportunities

for lawyers, policy writers, carbon finance

consultants, business risk analysts, archi-

tects and engineers adept in green building

norms. As green jobs exist in all sectors,

this means more engineering, more con-

struction and more management jobs.◄

► BUSINESS/INDUSTRY

Top Indian Companies. India's top 200

tech firms reported combined revenues of $

84 billion in FY '11 to grow at 25%, the

highest rate of growth in last 4 years. Ac-

cording to the annual research findings on

the Indian IT industry carried out by

Dataquest, the top 5 Indian tech companies

in FY '11 were TCS, Infosys, Wipro, HP and

Cognizant. The combined revenue of the

Top 20 tech companies was US$ 54 billion

in FY '11, an 8% increase from 2010.

MoU. The Kerala Government and Tata

Consultancy Services have signed a mem-

orandum of understanding for setting up a

clutch of facilities in the State, involving big

-ticket investments. TCS will invest €150

million to set up its global training acade-

my at Technocity here, the TCS Chief Ex-

ecutive Officer and Managing Director, Mr

N. Chandrasekaran, said

Investment. German tyre manufacturer

and auto component supplier Continental

AG on Wednesday announced an invest-

ment of around 50 million euros over the

next two years to ramp up capacity at its

existing production facilities and foray into

into the radial tyre segment in the country.

The company, which recently acquired

Modi Tyres Co., will make the fresh invest-

ments at the latter's Modipuram facility.

Expansion. Mahindra Satyam has opened

a near shore delivery centre in Eindhoven

(Netherlands), with an aim to strengthening

its presence in the Benelux region. The

company already has development and de-

livery centres in Western Europe, with near

shore delivery centre in England

(Basingstoke and Milton Keynes), Northern

Ireland (Belfast), and Germany (Wiesbaden

and Hamburg).

♦ Finish group Konecranes, world-leaders

in Lifting Businesses, serving a broad range

of customers, including manufacturing and

process industries, shipyards, ports and ter-

S e p t e m b e r 2 0 1 1 - I n d i a - A u s t r i a N e w s l e t t e r | 3

minals, announced that it had entered into

an agreement to acquire the Indian crane

company WMI Cranes Ltd. Konecranes

and has now completed the second phase

of the acquisition whereby its ownership in

WMI has increased from 51% to 100%.

♦ Schaffner, Swiss maker of energy-

efficient electronic components such as

magnetic components and harmonic filters,

sees major opportunities in India. It plans to

set up a manufacturing facility in the coun-

try. The facility will manufacture the entire

range of Schaffner products and solutions.

♦ Dutch consumer electronics firm Royal

Philips is keen on turning India into an inno-

vation hub for the development of more lo-

cally relevant products, particularly for its

domestic appliances segment. Philips,

which had acquired Chennai-based kitchen

appliances firm Preethi in January this year,

said it is looking to leverage on local tech-

nology as it looks at emerging markets con-

tribute 40% of global revenues by 2015, up

from 34% at present

Electrical Equipment. The domestic elec-

trical equipment manufacturing industry

clocked a 16.6% growth during the first

quarter of 2011-2012, the same level as in

the previous year, according to industry es-

timates. The Indian Electrical and Electron-

ics Manufacturers' Association (IEEMA) has

based these growth figures on the produc-

tion and sales data collected from its mem-

ber organisations. ―While the electrical

equipment industry was geared with pro-

duction capacity, procedural delays in re-

leasing tenders and contracts, and runaway

cost escalation due to price of commodity

inputs were holding back electrification of

the country,‖ the industry body said.

Automotive. World's cheapest car Tata

Motors' Nano and the company's popular

light commercial vehicle (LCV) Ace are set

to roll out from new factories around the

world, as early as next year. In order to in-

crease global penetration, Tata Motors is

planning to set up assembly operations in

Indonesia and Brazil, apart from Eastern

Europe, Mr Ratan Tata, Tata Motors' Chair-

man announced.

♦ The U.S. car maker Ford has zeroed in on

Gujarat to set up a second plant in India.

Post-liberalisation, India has always held

huge opportunity for many a multinational.

The expanding economy has only in-

creased the attraction to the Indian market.

Post-Figo (small car) launch, Ford has be-

come a visibly aggressive player in the Indi-

an market. There was intense speculation

that Ford would go in for a second plant

sooner than later. Coming as it did, the an-

nouncement of second greenfield project of

Ford in India should surprise none.

Aerospace. GippsAERO, the aircraft man-

ufacturing division of Mahindra Aerospace,

and Rolls Royce have announced the sign-

ing of an agreement to partner on engine

technology for a new aircraft. The compa-

nies signed an agreement to integrate the

M250 B-17F/2 Rolls Royce engine into the

GA10 aircraft. The GA10 is currently being

developed by GippsAERO at its Morwell,

Australia plant. The parties will work togeth-

er to obtain Type Certification for the GA10

aircraft.

Solar Technology. German based SMA

Solar Technology AG, a solar energy

equipment supplier has announced setting

up of its wholly owned Indian subsidiary,

SMA Solar India Pvt Ltd in Mumbai, reiter-

ating the growing interest of global players

in the Indian solar sector.

♦ REFUsol GmbH, a manufacturer of solar

inverters, will start local production of its

products from the end of this year and first

deliveries by early 2012. This manufactur-

ing facility will be located in Pune, where it

has already set up a customer support of-

fice. REFUsol displayed some of its light,

compact and powerful string inverters at the

recently concluded 5th Renewable Energy

India 2011 Expo in New Delhi.

IT. Apparently, Lufthansa is about to sell its

information technologies branch Lufthansa

Systems. Rumour has it that negotiations

with possible interested parties have al-

ready progressed to an advanced stage.

According to ―Manager-Magazin‖, the inter-

ested parties are the IBM company and the

Indian conglomerate Tata.

♦ Hewlett-Packard is setting up a dedicated

data centre in Bangalore for delivering

cloud services. The centre is expected to

be come up by the end of this year, said a

senior company official.

♦ RTS Realtime Systems Group (RTS), a

leading global trading solutions provider

headquartered in Frankfurt, Germany, an-

nounced that it has closed on its transac-

tion to acquire First Futures Software Engi-

neering Pvt. Ltd. (FFS), a high-end technol-

ogy solutions provider based in Pune, In-

News

August 2011 Highlights (cont'd )

dia. The transaction marks RTS' first acqui-

sition of another company since its found-

ing in 1992. The firm also announced it

would open a data center in Mumbai with

India-based global telecommunications pro-

vider Tata Communications.

♦ Defence focused electronics compa-

ny Bharat Electronics Ltd (BEL) is ex-

panding its non-defence or civilian busi-

nesses. Over the last four-five months

BEL's central research lab designed a

basic tablet PC costing $72 that will be

used by the rural development ministry

to conduct a census study on people be-

low the poverty line. A consortium con-

sisting of BEL, Electronics Corporation

of India and Industrial Training Institute

will conduct the study. The tablet is

powered by Android version 2.2, and

runs on a solar battery.

Coal. GVK Power & Infrastructure has

reached a deal to buy two coal mines in

Australia. The Hyderabad-based company

will pay $2.2 billion for Hancock Prospect-

ing's mines and the transport infrastructure

which will be needed to move the coal at

least 500 km to a port.◄

► INTERNATIONAL

UK. India and Britain confirmed trade deals

worth billions of pounds following talks be-

tween Union Finance Minister Pranab

Mukherjee and Chancellor of the Excheq-

uer George Osborne as part of the Eco-

nomic and Financial Dialogue between the

two countries. ―A number of steps have

been taken to simplify the administrative

procedures for taxation, trade and tariff and

social transfers — and placing them on the

electronic interface so that these are free of

discretion and bureaucratic delays,‖ said

Mr. Mukherjee. ―Britain is now making the

largest foreign investment in India. It shows

that British companies are competing with

the best in the world, despite some scepti-

cal voices, and is good for growth in Brit-

ain,‖ he continued, pointing out that last

year, Prime Minister David Cameron led

―the largest British trade delegation of busi-

ness leaders and politicians to India.‖

Additionally, India and the UK expressed

commitment to conclude the broadbased

India-EU Free Trade Agreement (FTA) by

the end of the year. Negotiations have

been going on since 2007.

Belgium, South Africa. Scrutiny or inspec-

tion-free trade could soon become a reality


News/Business

Articles

Economic Reports on India foresee a bright future India to be $5.6 trillion economy by

2020: Dun & Bradstreet

India will become a $5.6 trillion economy by

2020, according to research firm Dun &

Bradstreet, which has predicted a three-fold

jump in the country's GDP from $1.7 trillion

last fiscal on the back of rapid investment

and growing consumer expenditure.

"Indian economy will become a $5.6 trillion

economy by fiscal 2020, at current market

price, from the $1.73 trillion in fiscal 2010-

11," Dun & Bradstreet India Senior

Economist Arun Singh said.

The rate of investment, consumer

expenditure and infrastructure spending will

be the driving force behind the country's

economic growth over the next 10 years, he

said, adding that these conclusions are part

of a D&B report -- titled, 'India 2020' --

released in the month of August.

India to see 405% rise in millionaire

wealth by 2020: Delloite

India is likely to experience a whopping

405% growth in total millionaire wealth by

2020, mainly driven by new wealth

generators such as investments, salary

income, equity stakes and new business,

according to research firm Delloite.

Emerging markets will see a significantly

higher growth rate in millionaire households

compared to developed markets with India

likely to experience the largest growth in

millionaire wealth (405 per cent) among the

BRIC nations, Deloitte (India) Head

Financial Services Sachin Sondhi said in a

release here today.

India will be followed by China, which is

poised to see millionaire wealth grow at

394%, followed by Brazil at 257% and

Russia at 241% by 2020, he said. The four

emerging markets make up the BRIC.

India„s Rating upgraded due to

improved economic condit ions:

Goldman Sachs (GS)

Citing expected improvement in

macroeconomic situation, GS upgraded

India's rating to 'market weight', indicating

bullishness in the short-term. After

maintaining an 'under weight' status on

India for one year now, GS also cited lower

oil prices and government's push for policy

reforms for the upgrade.

"We upgrade India after a year at under

weight, on a turn in the macro cycle, oil

prices, valuation, and policy reform," it said

in a research note.

However, GS expects the Indian economy

to grow 7.3% in the current fiscal, lower

than the earlier projection of 7.5%

expansion. The Reserve Bank of India has

forecast 8% growth in 2011-12.◄

with India, Belgium and South Africa

launching a pilot to connect their customs

under an initiative to network customs de-

partments across countries. As a first step,

India is rolling out a system - authorised

economic operator, or AEO - under which

traders, logistics providers, and customs

agents sporting secure trader tag would be

able to move their goods speedily through

customs in countries with similar facility.

Sweden. Sweden is keen on expanding its

business and investment legacy in India as

it explores symbiotic trade ties across a

range of sectors, Ambassador of Sweden to

India Lars-Olof Lindgren said. At present,

India is Sweden's third largest trading part-

ner after China and Japan in Asia, while

Sweden is the 12th largest FDI investor in

India. One of the proposals is for a tie-up in

vocational training in aeronautics mooted

by the Overseas Manpower Corporation.

Lithuania. India inked a protocol and dou-

ble taxation avoidance agreement (DTAA)

with Lithuania to prevent fiscal evasion with

respect to taxes on income and capital and

facilitate exchange of banking information

between the two countries.

Switzerland. Swiss authorities have con-

firmed that the amendment to the Double

Taxation Avoidance Agreement with India is

on track to be ready by the end of 2011.

Georgia. India has signed a double taxa-

tion avoidance agreement (DTAA) with

Georgia. This agreement provides a mech-

anism for effective exchange of information

between the tax authorities, including ex-

change of banking information.

UAE. Dubai export markets by value are

highly concentrated in India and Switzer-

land, comprising 40% and 20%, respective-

ly. According to Dubai Exports, this has

been due to the export of gold to these

countries, whereas other direct exports go

mainly to Gulf Cooperation Council and the

neighbouring countries in small shares.

China. Sometime in late 2010-11, China

overtook the UAE to become India's big-

gest trading partner, as Indian companies

stepped up imports to fire their plants and

factories. There are early signs that this

Chinese exports-dominated $60-billion

trade relationship may now be getting in-

vestment-focused, with China stepping up

investments.

ASEAN. After having 'trade in goods agree-

ment', India has stepped up efforts for a

comprehensive deal with the 10-nation As-

sociation of South East Asian Nations that

would cover services and investment.

Australia. Australia is keen to work with

India in the establishment of Sector Skills

Council, said Australia's Minister for Skills

and Jobs, Senator Mr Chris Evans. ―We are

keen to explore possibilities for collabora-

tion between Australia and India and to

share expertise and experiences,‖ he said.

The new bilateral Australia India Education

Links Web site was one way to share expe-

riences. The portal supports further educa-

tion and training collaboration between the

two countries' education and training insti-

tutions, business and industry.

Latin America. Bilateral trade pacts and

FTAs with Latin America will play a role in

increasing trade with India, according to

Ambassadors from four South American

countries in India. While assuring support to

inbound investments, providing swift clear-

ances and visas, the Ambassadors of Mexi-

co, Peru, Uruguay and Paraguay said there

is growing interest for cooperation in IT and

other spheres such as oil and gas and agri-

culture. During an interactive session host-

ed by EEPC India, they said headway has

been made in some of the bilateral treaties

that foster trade. Meanwhile, stronger ties

between India and Colombia are drawing

investments in sectors such as energy. Co-

lombia became the second largest trading

partner of India after Brazil in South Ameri-

ca… it offers numerous opportunities to In-

dian businesses.◄

August 2011 Highlights (cont'd )


Snapshot

India‘s Economic Outlook For 2011-2012

India‟s Economic advisory council has

released its outlook for the year 2011-

12. Some vital points are given below:

Economy is expected to develop at 8.2

% in 2011-12.

Agriculture grew at 6.6 % in 2010-11.

Likely to nurture at 3.0 % in 2011-12.

Industry grew at 7.9 % in 2010-11.


Services grew at 9.4 % in 2009-10.


The expected growth rate of 8.2 %, although inferior than the earlier year, must be treated as high and respectable,

given the current world situation.

The global economic and financial situation is not likely to improve according

to the outlook.

To keep the economy growing at 9 % it is significant to boost fixed investment

rates.

Investment rates are expected at 36.4

% in 2010-11 and 36.7 % in 2011-12.

Domestic savings rates as a ratio of GDP are likely at 33.8 % in 2010-11 and

34.0 % in 2011-12.

The 2011 monsoon is anticipated to be in the range of 90 % to 96 % of Long Period Average. As a result, farm sector

output is expected to grow at 3 %.

The revised series (2004/05) for Index of Industrial Production shows an output

growth pattern that is fairly different from what the old series (1993/94) had

indicated.

The output growth was grossly underestimated by the old series in 2007-08 and overestimated in 2008-09 and

2009-10.

The impact of the Global Financial Crisis on industrial output was much stronger than had been indicated by the

old series.

In 2010-11 the output growth was higher at 8.2 % against 7.8 % indicated by

the old series.

Current Account deficit is US$44.3 billion (2.6 % of GDP) in 2010-11 and likely at US$54.0 billion (2.7 % of GDP) in

2011-12.

Merchandise trade deficit is US$130.5 billion or 7.59 % of GDP in 2010-11 and projected at US$154.0 billion or 7.7 % of

GDP in 2011-12.

Invisibles trade surplus is US$86.2 billion or 5.0 % of the GDP in 2010-11 and projected at US$100.0 billion or 5.0

% in 2011-12.

Capital flows registered at US$61.9 billion in 2010-11 and are projected at

$72.0 billion in 2011-12.

FDI inflows projected at US$35 billion in 2011-12 against the level of US$23.4

billion in 2010-11.

FII inflows projected to be US$14 billion which is less than half that of the

last year‘s US$30.3 billion.

Accumulation to reserves was US$15.2 billion in 2010-11 and is

projected at US$18.0 billion in 2011-12.

The headline inflation rate would continue to be at 9 % in the month of July-October 2011. There will be some relief starting from November and will decline to

6.5 % in March 2012.

Available food stocks are to be freely

released.

Significant role for fiscal policy to contain demand pressure. Need to ensure that fiscal deficit does not surpass the

budgeted level.

RBI will have to persist to follow a tight monetary policy till inflation shows definite

signs of decline.

Achieving fiscal targets set in 2011/12 budget estimates to present a significant

challenge.

Government to redouble efforts to collect larger revenue, resolve cases to

reduce tax arrears.

Minimize avoidable expenditures and

initiate measures to increase revenues.

Resolve issues with states and

introduce Goods and Services Tax.

Reforms in power sector distribution

system to limit the liabilities of state

governments.◄

Business

Highlight

Services Sector Exports

Exports from the services sector, the larg-

est and fastest growing sector in the econo-

my, have recorded a more than six fold in-

crease in the last nine years from $20.76

billion in 2002-03 to $131.97 billion in 2010-

11.

If this growth rate is sustained, services ex-

ports can touch the level of merchandise

exports in the coming years, even as India's

services trade, both export and imports,

stood at 216.28 billion in 2010-11.

It is worth noting: While merchandise trade

reported a deficit of around $131 billion,

services reported about $50 billion surplus

trade in 2010-11.◄

Trends in India‟s Merchandise Trade

(INR in billion) 1 EUR ≈ 66.86 INR in current rates

Trends in India‟s Services Trade (INR in billion)

1 EUR ≈ 66.86 INR in current rates


News

Indian acquires German firm from Aus-

trian Group. The Indian Samvardhana

Motherson Group acquired 80% of the Ger-

man automotive supplier Peguform Group

from Austrian Cross Industries AG.The val-

ue of the transaction is €141.5 milllion.

Peguform employs approximately 7,000

workers, more than half of which in its six

German factories. The company, which al-

so conducts business in Spain, China, Bra-

zil, Mexico und Portugal, is a leading Euro-

pean full service supplier of high quality in-

terior and exterior systems, modules and

other products for the automotive industry,

including cockpits, dashboards, interior

trims and bumpers. Peguform's major cus-

tomers include renowned motor-vehicle

manufacturers Audi, VW, Porsche, Daimler

and BMW.

Indian tourists in Austria: upward trend

continues. Austria is becoming a more and

more attractive destination in Europe for

Indian travellers. The Austrian National

Tourist Office recorded a rise of 44.3% in

the arrivals of Indian tourists from January

to June compared to the same period of

2010. Overnight stays of Indian tourists in-

creased even by 49.4%, reaching a total of

88.500.

Austria Showcase “Plant Machinery and

Industrial Supply” to take place in India.

The Trade Delegation of the Austrian

Chamber of Commerce in India are organ-

izing a showcase on ―Plant Machinery and

Industrial Supply‖ in New Delhi and Mumbai

from 19-22 September, 2011. The show-

case should provide Austrian and Indian

companies with opportunities for business

synergies.

Austrian offers new freight container

service from India to Europe. With a na-

tion-wide network of 14 offices and 165 em-

ployees established under its joint-venture

company,Weiss-Rohlig India , Austria‘s

largest family-owned transport and logistics

service provider, Gebrueder Weiss , now

offers a direct groupage freight container

service from India to Europe. The weekly

groupage freight container service started a

year ago between Nhava Sheva and Vien-

na via Hamburg or directly to many Europe-

an regions. Departure is every Monday and

loading is carried out on Friday. The goods

reach Hamburg within 18 days and arrive in

Austria after another three to five days.

EU-India Science and Technology Coop-

eration Days to be held in Vienna. The

event is organized by New INDIGO, an Initi-

ative for the Development and Integration

of Indian and European Research and shall

be held in Vienna between 1 -2 December

2011. Aiming at fostering cooperation be-

tween India and Europe in the field of sci-

ence, technology and innovation, the event

will allow its more than 200 participants

from ministries, academia, industry, SMEs,

and research and innovation organisations

to: 1) attend a scientific conference with

high-level keynote speakers and scientists

involved in projects funded by the New IN-

DIGO ERA-NET, the Seventh Framework,

2) meet and discuss future research and

development activities in the ‗Vienna Re-

searcher‘s Café, 3) discuss the analysis

and strategic findings of support initiatives

for the cooperation between the regions, 4)

participate in a lively discussion between

scientists and policy makers, 5) broadcast

their scientific and innovation ideas or sup-

port services in a dedicated poster session

and 6) participate in science and cultural

site visits. ◄

India-Austria

Bilateral Business News and Trade Report

Trade Volume Report

(in million EUR) 2010 2011 Change 2010/2011 (%)

January-May January-May January-May

India‟s Export to Austria 198.97 240.04 +20.6%

India‟s Import from Austria 225.33 309.45 +37.3%

The trade volume for the period January-May 2011 has registered positive marks for both exports and imports. India‘s exports to Austria

increased by 20.6% to €240.04 million in this period, being the positive trend strongly pushed by a 21.4% increase in exports of Apparels

and clothing accessories and a 45.8% increase in exports of Footwear. Other export areas that have registered considerable positive

marks are: Medicinal and Pharmaceutical Products (+24.6%), Electrical Machinery (+45.7%), Textile Yarns and Fabrics (+17.3%) and

Footwear (+45.8%). The overall decrease registered in Chemicals is, based on observation of previous results, seasonal. As far as

India‘s imports from Austria are concerned, trade has been pushed by the increase of imports of Iron and Steel (+101.5%), Manufactures

of Metal (+118.8%), Power Generating Machinery (+90.3%) and Scientific and Controlling Instruments (+125.4%). ◄

Visit the website of the Embassy

at www.indianembassy.at and check out the

BUSINESS CENTER The Portal for India-Austria Business and

Trade-related Information and Networking


Interview

Dr Andreas Schaaf, President – BMW India

'Power shifting from Europe to emerging markets ' For a company that has led the fast-

growing domestic luxury car market

from the second year of starting opera-

tions, BMW India still has a lot of fresh

aces up its sleeve.

In an interview with Business Line, Dr

Andreas Schaaf, President – BMW India,

explains how the company plans to sus-

tain growth by introducing its complete

portfolio over the next few years, includ-

ing the iconic Mini brand. This could be

followed by smaller models in the future.

Q: The X1 SUV has been driving your

volumes for the past year. Is there now

anything planned below that, maybe in

the Mini brand?

A: Almost every second car sold by BMW in

India is out of the SUV segment, which is a

very significant number. One of the main

targets of my stint is to launch the Mini.

If we decide to introduce the brand, I think

the Countryman crossover will play a major

role for India. The heart of Mini is certainly

the Cooper hatch – which is the origin of

the brand, but if you experience and look at

the size of the Countryman, I think it would

become the major selling model.

With the road conditions here, the higher

ground clearance, spacious interior and life-

style statement of SUVs, make it a more

sensible model.

Q: What will be your strategy for the

Mini brand?

A: If we try to launch the brand, it will be a

step-by-step approach. The Countryman is

an important product for Mini, because this

is the first time we've tried to grow the size

of the car. And then we will have to look at

how it is accepted in the market and how

fast we have to develop our network.

I think within 2-3 years, the range should be

completely available in India.

Q: BMW is also said to be developing

smaller cars than the 1-series. With the

competition also heading the same way,

what will be your strategy for India?

A: In the future, we'll have a platform for

small cars, because worldwide there's a

need of downsizing and front-wheel drives

because of the emissions and (fuel) con-

sumption aspect. Plus, they are needed in

mega-cities.

Though we haven't yet decided what will be

for India, there will be a whole range of cars

under this.

The five markets we separately look into

now are the Brazil, Russia, India, Korea

and Turkey (BRIKT). There is not a single

chance that a development these days

does not take into account these.

We discuss our Indian operations every

quarter with the management in Munich.

Last time when I was there in July, I had a

45-minute presentation about India market

development with the Board. This gives you

a picture on how important these markets

are for BMW.

One thing is for sure is that the power is

shifting away from Europe to emerging

markets, so if you have a long-term per-

spective on this business, as we have, then

you have to look more carefully into this

power shift.

Q: At the current pace of growth, BMW

would need a second assembly line in a

year. Is this on track?

A: Yes, we will need a second line in the

next few years as with the second shift ca-

pacity will almost be full at the first line. We

already have the land and a decision on the

new line will be made by end of this year.

The complexity of the Indian operations is

the highest for BMW globally in terms of

logistics and processes. We shift between

models in a very short period of time, so it's

all about flexibility.

Q: Would you look to increase localisa-

tion production even further, may by set

up an engine plant in India?

A: There are a couple of thoughts on more

local assembly of models, but nothing has

been decided. Yes, India is a car manufac-

turing country but what is made here is very

different in terms of level of technology and

refinement.

This is also the strength of India and its

suppliers – the simplicity of things and the

cost structure. There will be a transfor-

mation towards the manufacturing of tech-

nologically-advanced components. I think

it's started and we want to be aligned to this

development.

One day, perhaps, BMW will have full plant

operations in India and it could export cars

to other countries. This is what we have in

mind for the next 10-15 years and will be-

come a reality… we are trying to shape

this.

If the country is growing in this way and is

expected to continue, it wouldn't make

sense to put another plant in Germany.

Brazil and India are now at the centre of

discussions for the expansion of our pro-

duction plant network.

Q: Your main competitor, Mercedes-

Benz, has announced its intent to start

car leasing services. What are your

plans?

A: We will launch leasing products within

the next month. For me, it's a no-brainer,

we need these, but it's a little complicated

internally in terms of the IT and legal is-

sues.

It is important in terms of volumes, if you

look at the US, leasing products are playing

the major role. The main benefit is the has-

sle-free ownership experience, because at

the end of the lease you just return the car.

QUOTE OF THE MONTH

"Indian companies are among

our largest investors "

Rob Davies

Trade Minister, South Africa

News


Business

India has joined an elite group of countries

where starting a business will take less

than a day. The Ministry of Corporate Af-

fairs (MCA) has simplified the procedures

for incorporation to enable promoters to get

their companies incorporated within 24

hours.

The new procedure to issue online certifi-

cate of incorporation was implemented from

August 11. Earlier, officials at the Registrar

of Companies used to go through the avail-

able list of names and approve all docu-

ments manually. Incorporation took any-

where between four days to two weeks, de-

pending upon individual issues.

Under the new procedure, the promoters

need to get the application and other rele-

vant documents certified by a practising

professional and the applications will be

processed electronically.

―In case the e-forms 1, 18, 32 and e-form

for Memorandum of Association and Arti-

cles of Association have been certified by

the practising professional regarding the

correctness of the information and declara-

tions given by the subscribers, the applica-

tion shall be processed electronically and

the digital certificate of incorporation shall

be issued online immediately by the Regis-

trar of Companies,‖ the ministry said.

Starting business is the first of the 10 sub-

indices that form the Ease of Doing Busi-

ness Index of the World Bank. India has

consistently been placed at around 130

among the 183 countries ranked.

According to the Doing Business 2010 re-

port, New Zealand, Canada and Australia

bagged the top three rankings on the first

sub-index, ‗Starting a business‘. For exam-

ple, in Australia, there are two procedures

required to start a business which take on

average two days to complete. The official

cost is 0.8% of the gross national income

per capita. There is no minimum capital re-

quirement. By contrast, in countries which

ranked among the worst on the same sub-

index, there are several procedures re-

quired to start a business, taking up to 213

days to complete. The official cost is up to

323% of the gross national income per cap-

ita. A minimum capital investment of up to

1,006.6% of the gross national income per

capita is required.

Pawan K Vijay, CEO, Corporate Profes-

sionals Pvt Ltd, said the move would go a

long way in improving India‘s rankings in

ease of doing business globally. ―It is very

positive. Earlier, it used to take 8-10 days.

Getting it down to 24 hours will be a big

boost.‖

While fewer and simpler regulations often

imply higher rankings, putting adequate

safeguards is also crucial, feel experts.

―While the ministry officials used to intrepret

rules conservatively, professionals may

take risk. Therefore, it is important for the

ministry to explain the guidelines more ex-

plicitly,‖ said Vijay.◄

Steel Minister Beni Prasad Verma exuded

confidence that India would become the

world's second-largest producer of the alloy

by 2013, with an installed annual production

capacity of 120 million tonne. "Currently,

India has the fourth-largest steel sector in

the world, both in terms of capacity and

production. By 2013, India will be the

second-largest steel producer in the world.

It is estimated that India will have a

production capacity of 120 million tonne,"

Verma said.

India's production capacity currently stands

at around 80 million tonne and the minister

said the capacity was expected to rise to

over 150 million tonne by 2020. The steel-

making capacity of the country was just 51

million tonne in 2006.

Meanwhile, Steel Secretary PK Mishra said

by the end of the current financial year, the

steel manufacturing capacity of the country

might reach around 90 million tonne. "This

is likely to cross 110 million tonne by next

financial year when the brownfield capacity

addition projects of SAIL, JSW Steel and

Tata Steel get commissioned," Mishra said.

The secretary said that growth in steel

demand averaged 10% over the last seven

years and there was a likelihood that the

trend would continue at least for the next

decade. "There are expectations that steel

demand in the country may exceed 10% at

times, during the next 10-15 years horizon.

In such a scenario, our steel production

capacity should reach 150 million tonne by

2018," he said.

Mishra hoped that the country would be

able to meet steel demand through

domestic production at least for the next

five years.◄

Article

India to be second largest steel producer by 2013: Minister

Article

Starting business in India to take less than a day


Industry

The strong level of economic growth

achieved in India in recent years has led to

an expansion of industry, commerce and

per-capita income, which, in turn, have

fuelled the demand for infrastructure

services. India is one of the largest and

most dynamic infrastructure and project

finance markets in the world with the total

number of project based Special Purpose

Vehicles (SPVs) at around 800, according

to Ratings Agency Fitch.

India's infrastructure financing requirements

and the new manufacturing policy being

finalised will open up US$ 1 trillion

opportunities for global investors over the

next five years. The infrastructure sector

accounts for 26.7 % of India's industrial

output.

Indian Infrastructure – Size and Growth

The investment in infrastructure is expected

to increase to 8.37 % in the final year of

the 11th Plan and likely to touch 10 % of

GDP in the 12th Five Year Plan (2012-

2017). With the increasing investment, the

share of private sector in the total

investment on infrastructure has increased

rapidly. The contribution of private sector in

total infrastructure investment in each of the

first two years of 11th Plan (2007-2012)

was around 34 per cent. This is higher than

the 11th Plan target of 30 % and 25 %

achieved in 10th Plan period. It is expected

to rise to 36 % by the end of 11th Plan and

50 % during the 12th Plan (2012-2017).

The government has played a pivotal role in

making Indian infrastructure sector an

attractive investment destination for both

domestic and foreign players. Steps taken

by the government such as - opening up

the sector to private players, liberalising

foreign investment norms and huge

spending on projects like National Highway

Development Project (NHDP), National

Maritime Development Programme (NMDP)

et all- have given a stupendous impetus to

the sector in the past few years.

India's infrastructure sector output grew 5.3

% in May from a year earlier, slightly

higher than an annual growth of 5.2 % in

April, according to government data. During

April-May, output rose 4.9 % from 7.9 % a

year ago.

Six core industries – comprising crude oil,

petroleum refinery, coal, electricity, cement

and finished steel - grew by 5.2 % in April

2011, according to the recent data

released. Petroleum refinery and finished

steel output grew by 6.6 % and 4.3 %

respectively. Electricity generation

expanded by 6.8 % in the reported month.

Crude oil production performed quite well,

registering 11 % growth as against 5.1 %

expansion in the previous year. Coal output

registered a growth of 2.9 % in April 2011,

a complete turnaround in comparison to the

same month last year, when output had

contracted by 2.9% .

Indian Roads

India built about 1,800 kilometres (km) of

roads in the fiscal year 2010-11. The

government has announced constructing

35,000 km of highways by 2014 for which it

has estimated an investment of over US$

67 billion. A major chunk of this is expected

from the private sector.

During 2010-11, 50 road projects of 5,060

km were awarded, while around 15,450

kms of national highways were completed

under the NHDP until March 31, 2011.

Also, the Road Transport and Highways

Ministry has requested the World Bank for

financing the projects that include

conversion of 20,000 km of state highways

into national highways, besides upgrading

17,000 km of the latter.

Seven projects involving widening of roads

in five states were approved by a panel in

the Finance Ministry at an estimated cost of

US$ 1.69 billion and will be built under

public-private-partnership (PPP) mode. The

Public Private Partnership Appraisal

Committee (PPPAC) chaired by R Gopalan,

Secretary of Department of Economic

Affairs, granted the approvals, according to

the official statement.

Meanwhile, the Indian government will

award a record 7,300 km of road building

contracts in 2011 worth about US$ 12

billion, said J.N. Singh, member finance at

National Highways Authority of India.

Indian Ports

India is going global with its maritime

ambitions. The government is setting up

Indian Ports Global – a dedicated company

like Dubai Port International and

Singapore's PSA International – that will

invest and acquire stakes in overseas ports

and container terminals.

To begin with, the cash-rich port trusts that

are owned by the government will pump in

US$ 556 million into India Ports Global,

which will initially act as the shipping

ministry's investment arm. The company

will then leverage this amount to raise

another US$ 1 billion from the market by

issuing tax-free bonds, officials involved

with the initiative said.

The capacity of Indian ports during 2010-11

crossed 1 billion tonnes per annum.

Foreign direct investment (FDI) inflow into

ports has been registered at US$ 1.64

billion from April 2000 to April 2011, as per

data released by Department of Industrial

Policy and Promotion (DIPP).

Indian Airports

Passengers carried by domestic airlines

during January-May 2011 were 24.5 million

as against 20.8 million during the

corresponding period of previous year,

thereby registering a growth of 17.6 per

cent, according to data released by the

Ministry of Civil Aviation.

Addressing the India Aviation meet,

organised by the Confederation of Indian

Industry (CII) on March 15, 2011, Mr Nasim

Zaidi, Civil Aviation Secretary said the

passenger traffic was expected to cross the

180 million mark by 2015 and 300 million

by 2020.

Bangalore-based GMR Infrastructure is

close to raising as much as US$ 150 million

in the second round of private equity

investment for its airport arm, GMR Airport

Holdings. It had raised US$ 200 million

from SBI Macquarie Infrastructure Fund in

March 2011. The company is awaiting

government approval for the deal.

The FDI inflow into air transport (including

air freight) has been recorded as US$

373.06 million from April 2000 to April 2011,

as per data released by DIPP.

Indian Railways

The total approximate earnings of Indian

Railways on originating basis during April

2011 were US$ 1.8 billion compared to

US$ 1.6 billion during the same period last

year, registering an increase of 10.74 per

cent. The total goods earnings have gone

up from US$ 1.1 billion during April 2010 to

US$ 1.23 billion during April 2011, showing

an increase of 12.42 per cent. The total

passenger revenue earnings in April 2011

were US$ 492 million compared to US$

Sector Close-up

Infrastructure

1 0 | I n d i a - A u s t r i a N e w s l e t t e r - S e p t e m b e r 2 0 1 1

Industry

459 million during the same period last

year, registering an increase of 7.09 per

cent. The revenue earnings from other

coaching amounted to US$ 49.5 million

during April 2011 compared to US$ 44.8

million during the same period last year,

showing an increase of 10.47 per cent. The

total approximate number of passengers

booked during April 2011 was 657.75

million compared to 624.54 million during

the same period last year, showing an

increase of 5.32 per cent.

The FDI inflow into railways related

components has been registered at US$

137.57 million from April 2000 to April 2011,

as per DIPP data.

Key Developments

There have been over 160 deals in the

infrastructure sector in the last five years

alone making infrastructure one of the most

active mergers and acquisitions (M&A)

sectors in India today.

1) Multilateral lending agency Asian

Development Bank (ADB) has approved a

US$ 250 million loan to part-finance the

Bangalore Metro Rail Transit System

Project (BMRTSP). The BMRTSP has a

total cost of $2.7 billion and is scheduled to

be completed in 2013.

2) Reliance Infrastructure will bid for at

least five ―big‖ road projects of the 18 that

the NHAI is likely to call for in 2011.

3) The World Bank has approved a US$

975 million loan for developing the first

phase of the eastern arm of the US$ 17

billion Dedicated Freight Corridor (DFC)

Project in India. The 1,800-kilometre

Eastern DFC is being constructed for

freight specific transport of commodities by

Indian Railways between Delhi and

Howrah.

4) Japan International Cooperation Agency

(JICA) has agreed to US$ 1.6 billion as a

soft loan to India for various infrastructure

projects in India. The loan will cover six

development projects in the areas of power,

transportation, forestation and energy to

support India's efforts to improve its

infrastructure.

5) Delhi Cargo Services Center (DCSC)

has signed up Siemens Ltd to set up a

state-of-the-art cargo handling equipment

for the integrated cargo complex at the

Delhi International Airport. The contract is

worth US$ 37 million.

Infrastructure (cont‘d)

Government Initiatives

Government initiatives including opening up a number of infrastructure sectors to

private players, promoting investment in the sector by private players by permitting FDI,

huge spending on projects like the National Highway Development Project, National

Maritime Development Programme, etc. have opened up huge opportunities for

investors.

India government's maritime development agenda has geared to bring in sizable private

money into sector, which is projected to see developments to the tune of US$ 22.22

billion during the ongoing National Maritime Development Programme.

Solar power in India could cost the same as conventional electricity by 2019-20, a

KPMG report said. A more aggressive policy could see solar power prices decline at a

rate of 5-7 per cent annually over the next decade, ensuring ―grid parity‖, or the point

when solar power costs the same as conventional power, as early as 2017-18. Such

targets are well in line with India‘s plans to produce 20 gigawatts (GW) of solar power

by 2022.

The United States and India announced a joint US$ 50 million fund to promote research

in clean energy technologies. The fund will help establish the Indo-US Joint Clean

Energy Research and Development Centre which will finance academia, institutions

and industry from both countries to undertake the research.

Moreover, India aims to add 17,000 megawatts of renewable energy over five years

starting 2012, stepping up the country‘s focus to develop clean energy sources. India

will need an investment of US$ 33.6 billion to add the extra capacity in the 12th Five-

Year Plan, renewable energy secretary Deepak Gupta said.

Road Ahead

The infrastructure sector in India is set to boom as the country enters a high growth

phase. With a growing economy and double digit growth expected over the next few

years, the infrastructure sector would witness exponential growth and enormous

investments. The sector is attracting funds not only from the domestic funds but also

from the international arena, even in the form of PPP. Other factors including political

intent, liquidity position, commodity and crude prices, structural and procedural reforms

at various government body levels are also well-placed to take the Indian infrastructure

growth story forward. Looking at the current scenario and future growth potential,

experts expect Indian Infrastructure Sector to outperform the trends in long term thereby

providing excellent investment opportunities in the sector.◄

S e p t e m b e r 2 0 1 1 - I n d i a - A u s t r i a N e w s l e t t e r | 1 1

Profile

HCC infrastructure, a wholly owned subsidiary of HCC Ltd, is a

leading infrastructure developer engaged in the creation and

management of assets in the areas of Transportation, Power,

Water and Social Infrastructure.

HCC's belief in the Public Private Partnership (PPP) model and its

decision to enter the Design, Build, Finance, Operate and Transfer

(DBFOT) business is part of a larger business plan. While

investing in infrastructure assets is a natural progression of HCC's

inherent ability to operate in most domains of engineering &

construction, HCC Infrastructure is building expertise in asset

development and management that extends to concept

innovation, evaluation of risk and return and delivering the brand's

promise to the customer over the life of the asset.

HCC Infrastructure remains committed to developing a premium

portfolio of infrastructure assets that will serve India's needs while

creating shareholder value for the Company by generating stable,

diversified and growing cash flow streams over the long-term.

Since its inception two years ago, HCC Infrastructure has grown

its portfolio to $1.2 billion in 2009-10. It's current assets under

management include six NHAI road concessions, of which one is

operational.

Badarpur Elevated Highway on NH-2 is a 4.4 km elevated

road connecting Delhi to Haryana and is scheduled for

completion in October 2010, three months ahead of

schedule.

Dhule Palesner on the NH-3 Maharashtra / MP Border is an

89 kms four lane highway scheduled to be completed in June

2012. This project is being developed in partnership with

John Laing of UK and Sadbhav Eng Ltd.

Nirmal annuity road project in Andhra Pradesh on NH-7 is a

30 km four lane highway, and executed three months ahead

of schedule. It is currently operational.

In February 2010, the NHAI awarded three contiguous

sections of approximately 256 km for the development of the

existing two lanes to four lanes between Bahrampore to

Dakhola on NH-34 in West Bengal. These concessions,

worth $700 million, were awarded to HCC Infrastructure on a

DBFOT toll basis with a cumulative grant of $225 million.

The company plans to grow its road portfolio to $3.25 billion in the

next 24 to 30 months, and will ensure adequate financial tie-ups to

fund equity requirements of such projects and also bid for the

newer mega-highway projects. Recently, HCC Infrastructure

signed an MoU with Orascom Construction Industries (OCI), a

leading Middle Eastern construction contractor, for bidding and

developing large NHAI projects in India. HIL and OCI will also

explore a broader scope of partnership with the intent of jointly

creating a premium portfolio of infrastructure assets across

different sectors in India.

HCC Infrastructure is concurrently evaluating opportunities in

Hydro Power and Water, where HCC has an inherent edge given

its EPC capabilities. It is also evaluating opportunities in Airports

and Ports. ◄

Big Players

HCC infrastructure

HCC infrastructure

Address: Hincon House, 247 Park, LBS Marg, Vikhroli (West) Mumbai - 400083, India

Phone: +91 22 25775959 / Fax: +91 22 25794767 / Web: www.hccindia.com

Emerging SME

Tecpro Systems Limited Tecpro Systems Limited is an established EPC company in India,

engaged in providing turnkey solutions in Bulk Material Handling

Systems, Ash Handling Systems, Balance of Thermal Power

Plant , Captive Power Plants and Pollution Control systems. Lev-

eraging its capabilities in coal handling and ash handling and its

established project management track record, it provides turnkey

solutions for the entire Balance of Plant (BoP) in the thermal pow-

er generation sector. The scope of its services includes design

and engineering, manufacturing and sourcing of equipment and

packages, project management and commissioning. Tecpro‘s

outstanding performance and strength had won the ―Emerging In-

dia ‖ award in the INFRASTRUCTURE sector .◄

Tecpro Systems Limited

Address: Tecpro Towers, Plot No. 11-A17, 5th Cross Road, SIPCOT IT Park, Siruseri - 603 103, Chennai, India.

Phone: (+91 44) 3747 4747 / Fax: (+91 44) 3744 3011 / Web: www.tecprosystems.com


Trade Shows

WHAT The world's largest electrical

Transmission and Distribution exhibition

WHEN

January 18-22, 2012 WHERE

Mumbai, India

MORE INFO

www.elecrama.com

WHAT

International Technical

conference and Exhibition on

Pulp, Paper, Conversion and

Allied Industry

WHEN

December 10-13, 2011

WHERE

New Delhi

MORE INFO

www.paperex-india.com

WHAT

The Trade fair targets those who are

working with Handicrafts, Art and craft as

exporters, Importes, Processors,

Manufacturers, Distributors and many

emerging companies.

WHEN

November 14-27, 2011

WHERE

New Delhi

MORE INFO

www.indiatradefair.com

WHAT

An International Trade Expo that offers

Industry, Entrepreneurs & Corporate to

showcase their vast potential.

WHEN

December 1-5, 2011

WHERE

Amritsar, Punjab

MORE INFO

www.pitex.co.in/


Tourism

Orissa has a chequered history which has successfully assimilated

and synthesised the best of Buddhist, Jain and Hindu cultures.

Orissa or Kalinga as it was then called was a settlement of non-

Aryan and Aryan settlers. It was a formidable maritime empire with

trading routes stretching up to Bali, Sumatra, Indonesia and Java.

The key to international trade and immense wealth, it was coveted

by many rulers. In fact, it was here that the famous Battle of Kalin-

ga was fought in 261 BC, which made the great Mauryan Kshatri-

ya (warrior caste) king Ashoka forsake war. He became a follower

of Buddhism and spread the spirit of ahimsa and peace, the mes-

sage of Buddhism, to Ceylon (modern day Sri Lanka) and the Far

East, Exquisite remains of the Buddhist past still remain in the are-

as of Udaygiri, Lalitagiri and Ratnagiri. Kharavela, who came to

power in Kalinga, around 1st Century BC, was a staunch follower

of Jainism. It is to this period that Orissa owes its Jain art and ar-

chitectural tradition.

The sophisticated architectural style of the Jain Monastic caves at

Udaygiri and Khandagiri are a story unto themselves. During the

7th to the 13th Century AD, Orissa flourished. Trade and com-

merce increased and along with it evolved its art and architecture.

The style of Hindu temple construction, so unique to Orissa also

developed around this time.

Bhubaneswar, the capital of Orissa, is also popularly known as the

"Temple City of India". Being the seat of Tribhubaneswar or ' Lord

Lingaraj ', Bhubaneswar is an important Hindu pilgrimage centre.

Hundreds of temples dot the landscape of the Old Town, which

once boasted of more than 2000 temples. Bhubaneswar is the

place where temple building activities of Orissan style flowered

from its very inception to its fullest culmination extending over a

period of more than one thousand years.

The new Bhubaneswar with its modern buildings and extensive

infrastructure perfectly complements its historic surroundings. With

facilities to cater to every type of visitor, Bhubaneswar makes an

ideal tourist destination. ◄

Some of Orrissa‟s major attractions

State Profile

Orissa

IndiaTourism Frankfurt Baseler Str. 48 / D-60329 Frankfurt

Tel: +49 (69) 242949-0 / Fax: +49 (69) 242949-77 www.india-tourism.com / [email protected]

Bhubaneswar, the capital of Orissa, is also popularly known as the "Temple City of India"

Puri, the abode of Lord

Jagannath is one of the

four Dhams, celebrated

religious centers of India

Just south of Puri, the sea mixes with the 1100 sq.km inland Chilika Lake to create the largest brackish water

lake in Asia.

Konark is a small town

in the District of Puri

and one of the points of

the Golden Triangle of

Orissa.

Cuttack offers good and wide variety of shopping options to tourists . Its unique filigree silver ware, horn and brass work and textiles of woven silk and cotton

make this town a shoppers paradise .


The provisional figures of Census 2011 were released in New Delhi on March 31, 2011 by Union Home Secretary Shri G.K.Pillai and RGI

Shri C. Chandramouli. Rising numbers in the literacy rate among the general population were just one encouraging results of India‘s lat-

est census reports.

Census

Provisional Figures of the Census of India 2011

Special

India at a Glance and Major Results (Provisional)

› The population of the country is 1210.19 million of which

623.72 million (51.54%) are males and 586.46 million

(48.46%) are females.

› The population of India has increased by more than 181 mil-

lion during the decade 2001-2011

› Percentage growth in 2001-2011 is 17.64; males 17.19 and

females 18.12.

› 2001-2011 is the first decade (with the exception of 1911-

1921) which has actually added lesser population compared

to the previous decade.

› Uttar Pradesh (Home to popular tourist spots such as Agra,

Lucknow and Varanasi) is the most populous State (199.5

million) in the country followed by Maharashtra (Home to

Mumbai and Pune) with 112 million.

› The percentage decadal growth rates of the six most popu-

lous States have declined during 2001-2011 compared to

1991-2001:

› Uttar Pradesh (25.85% to 20.09%)

› Maharashtra (22.73% to 15.99%)

› Bihar (28.62% to 25.07%)

› West Bengal (17.77 % to 13.93%)

› Andhra Pradesh (14.59% to 11.10%)

› Madhya Pradesh (24.26% to 20.30%)

› During 2001-2011, as many as 25 States/Union Territories

with a share of about 85% of the country‘s population regis-

tered an annual growth rate of less than 2% as compared to,

15 States/Union Territories with a share of about 42% during

the period 1991-2001.

› 15 States/Union Territories have grown by less than 1.5%

per annum during 2001-2011, while the number of such

States/Union Territories was only 4 during the previous dec-

ade.

› The total number of children in the age-group 0-6 is 158.8

million (-5 million since 2001)

› Twenty States and Union Territories now have over one mil-

lion children in the age group 0-6 years. On the other ex-

treme, there are five States and Union Territories in the

country that are yet to reach the one hundred thousand

mark.

› Uttar Pradesh (29.7 million), Bihar (18.6 million), Maharash-

tra (12.8 million), Madhya Pradesh (10.5 million) and Raja-

sthan (10.5 million) constitute 52% children in the age group

of 0-6 years.

› Population (0-6 years) 2001-2011 registered minus (-)3.08

percent growth with minus (-)2.42 for males and –3.80 for

females.

› The proportion of Child Population in the age group of 0-6

years to total population is 13.1 percent while the corre-

sponding figure in 2001 was 15.9 percent. The decline has

been to the extent of 2.8 points.

› Overall sex ratio at the national level has increased by 7

points to reach 940 at Census 2011 as against 933 in Cen-

sus 2001. This is the highest sex ratio recorded since Cen-

sus 1971 and a shade lower than 1961. Increase in sex ratio

is observed in 29 States/UTs.

› Three major States (Jammu & Kashmir, Bihar & Gujarat)

have shown decline in sex ratio as compared to Census

2001.

› Kerala with 1084 has the highest sex ratio followed by

Puducherry with 1038, Daman & Diu has the lowest sex ratio

of 618.

› Child sex ratio (0-6 years) is 914. Increasing trend in the

child sex ratio (0-6) seen in Punjab, Haryana, Himachal Pra-

desh, Gujarat, Tamil Nadu, Mizoram and A&N Islands. In all

remaining 27 States/UTs, the child sex ratio show decline

over Census 2001.

› Mizoram has the highest child sex ratio (0-6 years) of 971

followed by Meghalaya with 970. Haryana is at the bottom

with ratio of 830 followed by Punjab with 846.

› Literacy rate has gone up from 64.83% in 2001 to 74.04% in

2011 showing an increase of 9.21 percentage points.

› Percentage growth in literacy during 2001-2011 is 38.82;

males : 31.98% & females : 49.10%.

› Literates constitute 74% of the total population aged seven

and above and illiterates form 26%.◄


Gallery

Previous Events

Flag Hoisting on August 15th celebrating the 64th Anniversary of India‘s Independence


Miscellaneous

Published by the commercial section at the Embassy of India, Vienna. www.indianembassy.at

Contact: [email protected]

Agenda

India-related Events in Austria

Feel Your Spirit - Music and Art

3 September

10:00-19:00 Exhibition/Perform.

19:00-23:00 Concert

23:00 Indian Stickdance Party

WUK, Währingerstrasse 59

1090 Vienna

FREE ADMISSION

Harri Stojka & the Indian

Gipsys

15 October, 20:00

Wiener Metropol - Hernalser

Hauptstr. 55, 1170 Wien

More details at

www.salam-orient.at

Bollywood Kino

17-20 October

C. v. Hötzendorfstraße 10

8010 Graz

Programme details starting

September 1st under

www.indiasphere.at

Von Bombay nach Kairo –

orientalisch-indische

Tanzshow

18 October, 19:30

Theater Akzent

More details at

www.salam-orient.at

Qawwali-Ensemble „Neelay

Khan“ - Ekstatische Musik aus

dem Punjab

20 October, 19:30

Radiokulturhaus, Vienna

21 October, 20:30

Gasthaus Penkner, Steinbach

More details at

www.salam-orient.at

Ethno Dance Competition

23 October, 10:00

TaO! Theater am Ortweinplatz

Ortweinplatz 1, 8010 Graz

More Info: 0699/10 25 99 61

Registration: 1 Jul - 30 Sep via

email at [email protected]

K3 goes India

Jazz- & Ethno-Live-Sounds

23 October, 13:00

FILMCASINO

Margaretenstraße 78, 1050 Wien

More details at

www.salam-orient.at

Diwali Fest

26 October, 17:00

Orpheum Graz

More info at 0699 1025 9961

[email protected]

indiasphere.at

Pinzgau meets India

For twelve whole days, the Wellness

hotel Krallerhof in Leogang will be

focusing on Ayurveda, Indian artists,

typical Indian products and foods,

Indian cuisine and the multifaceted

fascination India exudes. One of the

highlights of “Pinzgau meets India" is

the traditional charity evening with Ö3

radio star Claudia Stöckl in aid of street

children in India on 28 October 2011.

Additional Information:

Wellness hotel Krallerhof

A-5771 Leogang

Tel.: 065 838246

Email: [email protected]

www.krallerhof.com

india newsletter 09.2011

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