the great indian talent bazaar
TRANSCRIPT
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Vijay Sinha
Vijay SinhaVijay Sinha
FICCI FRAMES 2009
GDP Growth
- 1 -
Sectoral Growth
40
50
60
70
Agriculture
Industry
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0
10
20
30
2002-
03
2003-
04
2004-
05
2005-
06
2006-
07
2007-
08
2008-
09(Till
Sep)
Industry
Services
POPULATION IN SOME COUNTRIES IS RAPIDLY AGEINGProblem Most Pronounced in the Developed World
Median age of population in the OECD countries is rising ...
Median age (year)
(Average for OECD countries)
...this will have several socio-economic implications
(select examples)
Shortage in workforce
Potential decline in growth rates
Increase in wage rates for workers
Pressure on social security and pension
systems
- 3 -Source: Scarpetia and Blöndal; United Nations Population Division, World Population Prospects, The 1998 Revision
systems
Increase in services to the older population
IN 2010-2030, LARGEST SHARE OF INDIA`S POPULATION WILL BE IN THE WORKING AGE GROUP
Resulting in a Favourable “Demographic Bulge”
India Demographic Profile (2020) China Demographic Profile (2020) France Demographic Profile (2025)
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80+
Age group
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80+
Age group
45-49
50-54
55-59
60-64
65-69
70-74
75-79
80+
Age group
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-60 -40 -20 0 20 40 60
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
Mn people
Female Male
-60 -40 -20 0 20 40 60
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
Mn people
-3 -2 -1 0 1 2 3
0-4
5-9
10-14
15-19
20-24
25-29
30-34
35-39
40-44
Mn people
204060204060 123
Source: CSFB Report; UN Population Division
20 - 35 age group :
325 mn people (~25 %)
20 - 35 age group :
308 mn people (~21 %)
20 - 35 age group :
11 mn people (~17 %)
47Mn
19Mn 7
Mn
5Mn
3Mn
India
Bangladesh
PakistanIran
Mexico
Philippines
5Mn
4Mn
2Mn
Turkey
Potential surplus population in working age group (2020)
-10Mn
China
-6Mn
Russia
0Mn
Ireland
Israel
0Mn
THE FUTURE DEMOGRAPHIC MAP
Iraq
2Mn
-1
Mn
Czech
Republic
4Mn
Egypt
-17MnUS
-2 MnUK
-2 Mn
Italy
-3 MnFrance-9 Mn Japan
-3 MnSpain
-3 MnGermany
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3Mn
India
Brazil
Mexico 4MnVietnam
5Mn
Indonesia
1Mn
Malaysia
Note: Potential workforce surplus is calculated keeping the ratio of working population (age group 15 – 59) to total population constant and under the assumption
that this ratio needs to be broadly constant to support economic growth. Therefore, India will have 47 Million more people in the working age group/total
population by 2020 compared to today, while France will have a deficit of 3 Million people in the working age group compared to today.
Source: U.S. Census Bureau
Egypt
-0.5
Mn
Australia
INDEPENDENT SOURCES CONFIRM INDIA IS BEST IN QUALITY AND QUANTITY OF PEOPLE FOR GLOBAL
SERVICES
Ireland
India
Malaysia
IndonesiaPhilippines
Brazil
Mexico
Projected
workforce
in 2020
Israel
Turkey
Surplus
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Note: Pakistan, Bangladesh and Vietnam have not been represented for lack of reliable data on productivity and cost of service employees
(1) Over 50% of shortages expected from English speaking countries
Source:World Competitiveness Yearbook 2001, Britannica yearbook, Literature search;
High
RussiaChina
LowPeople strength
• Productivity/quality
• English language skills (1)
• Cost
in 2020
Shortfall
“We can measure a country or a city’s worldwide economic “We can measure a country or a city’s worldwide economic
competitiveness based on what we call the “3Ts” of competitiveness based on what we call the “3Ts” of
economic growth: economic growth: Technology, Talent and Tolerance”Technology, Talent and Tolerance”
Richard FloridaRichard Florida-- The Rise of the creative classThe Rise of the creative class
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Richard FloridaRichard Florida-- The Rise of the creative classThe Rise of the creative class
• Growth in Outsourced Animation Work
• Increase in Original Content Creation
• Growing use of Computer animation & Visual
effects in Television & Film Industry
India & Animation –Moving
forward Together
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• Huge opportunity in Gaming & Mobile Content
• Growing number of formats for
exhibiting/exploiting animation
• Growing Creative Entrepreneurs
• Annual growth of 30% in the last 3 years (WSJ)
Discovering new source of talent
Sourcing talent from-
• Traditional painting families of Thanjavur
• Puppetry artists from Rajasthan
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• Puppetry artists from Rajasthan
• Painters from Maharashtra & Bengal
• Sculptors from Mahabalipuram, Ramnagaram
• & Chanapatna
• Artists from Orissa ,Andhra Pradesh & North eastern region
• Billboard painters from Chennai
• Increasing social awareness for “Animation”
• Encouraging trend - animation as a mainstream
career
• Growing Governmental support- Animation being
considered for inclusion in the Maharashtra IT Policy
as well as in other states
Way Forward
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as well as in other states
• Enhanced Industry Academia Partnership
- Intern Learn Model
- Train The Trainers
• Recognition from Industry bodies
• Developing in-house resources thru’ structured
training programme
““““We have moved from the industrial age, We have moved from the industrial age, We have moved from the industrial age, We have moved from the industrial age,
through the information age, through the information age, through the information age, through the information age, to the age of talent.” to the age of talent.” to the age of talent.” to the age of talent.”
Thomas Friedman Thomas Friedman Thomas Friedman Thomas Friedman ---- ‘The World is Flat’‘The World is Flat’‘The World is Flat’‘The World is Flat’
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Thomas Friedman Thomas Friedman Thomas Friedman Thomas Friedman ---- ‘The World is Flat’‘The World is Flat’‘The World is Flat’‘The World is Flat’
Thank YouThank YouThank YouThank You
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Thank YouThank YouThank YouThank You