India Image Mehta-Choudhary Feb 2604

India – Crossing the Frontiers of Economic Development

February, 2004 Zoom Group of Companies

India: Transformed World: A Second Independence

02/01/13

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India - At Glance

India – At Glance 

56 year old, Largest Democracy

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Politically Mature & Stable

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Institution – based Growing Economy

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More than 7% GDP Growth Rate

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Emerging Large market (> 200m)

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Population crossed 1 billion - mark

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India - Political

India – Political 

Political Power Shift : Centre to States

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Balancing Acts : Coalition Government

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Political & Administrative Reforms

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Local Self-Governments taking shape

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Fundamentalists Vs Secularists

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India - Economy

India – Economy 

Fastest Growing Economy (>7%) after China (>10%), FOREX Reserves at > $100 billion

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Economic/Financial/Administrative Reforms, to integrate with global economy

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Fourth Largest Economy after US, China & Japan (on power parity basis)

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GDP composition : Agriculture – 25%, Manufacturing – 25% and Services – 50%

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India – Trade & Commerce

India – Trade & Commerce 

GDP - $ 2.7 trillion (purchasing power parity)

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Inflation – 5 to 6% (2002-03)

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Labour Force – 700 million (skilled) – (Agriculture – 60%, Industry-17%, Services – 23%)

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Exports > $ 45 billion, (US – 25%) – (Agri-products, Gems & Jewellery)

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Imports > $ 54 billion – (Crude, Machines, Fertilizers, Chemicals & Gems)

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India - Infrastructure

India – Infrastructure 

64,000 km, one of the largest rail network in the world.

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3 million km. of roads, encompassing 58,000 km National Highways

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4/6 laning of 14,850 km to be completed by the end of 2004.

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Golden Quadrilateral project 5,800 km connecting 4 metros.

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Another 7,300 km mapping the country from north-south and east-west to be completed by 2007.

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India - Infrastructure

India – Infrastructure 

11 major and 139 state ports.

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“Sagar Mala Project” (over $ 20 billion) envisaged. (Aims to link ports with inland waterways, expand and modernize ports along India’s east and west coasts and develop inland navigation)

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334 airports, 232 paved.

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123,000 km of optic fibre network

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28 million-line telephone network and 29 million mobile phone subscribers.

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India – Power, Oil & Gas

India – Power, Oil & Gas 

Electricity production : 533 billion kWh

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Privatization of Power sector

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Oil Production : 32 million tonnes

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Oil Demand : 113 million tonnes

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Natural gas production : 23 billion cu. m.

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Largest gas find of 2002 : 5 trillion cu. m. in Bay of Bengal

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Indo-Iran gas pipeline project envisaged.

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India – Petroleum & Chemicals

India – Petroleum & Chemicals 

18 refineries

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Demand for Petroleum products : 113 million tonnes

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De-regulation and Privatization of the sector

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Niche markets – Branded fuels

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One of the largest consumer of Chemicals and Fertilizers in the world.

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India – Sunrise Industries

India – Sunrise Industries 

Oil & Gas

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Petroleum

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Pharmaceutical & Biotechnology

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Infrastructure

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IT & IT Enabled Services, BPO

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Financial Services

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Food Processing

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Retail

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Thank You

02/01/13

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