Mr Jagdip Ahluwalia Presentation

25 %
75 %
Information about Mr Jagdip Ahluwalia Presentation
Education

Published on March 26, 2008

Author: Beverly_Hunk

Source: authorstream.com

Indo-American Chamber of Commerce of Greater Houston (IACCGH):  November 16th 2006 Jagdip Ahluwalia. Executive Director, IACCGH Honorary Executive Director, Alliance of Indo American Chambers of Commerce Indo-American Chamber of Commerce of Greater Houston (IACCGH) We thank Dr Abdul Shaikh, Senior International Economist, US Department of Commerce, and the IBEF (www.ibef.org) for generously sharing their material and slides regarding India. Today’s Discussion:  Today’s Discussion Why India? Export Opportunities for U.S. Companies Individual Indian Cities and Sectors Support and Resources Available Questions & Answers About India:  About India World’s Largest Democracy Over One billion people 250-300 million middle class 10th largest global economy 4th in Purchasing Power Parity Strong Sustained GDP growth Attractive and diverse market for product and services Easier access to capital Slide4:  $849 billion GDP (2006, current price)1 4th largest economy in PPP $3.7 trillion in 20052 World’s Fastest Growing Democracy 3 8.9% growth rate in Q2 20064 India – World’s Fastest Growing Free Market Democracy Source: www.ibef.org IMF - www.imf.org World CIA Fact book Online India Resource Center - www.ibef.org www. financialexpress.com Slide5:  India has among the highest returns on foreign investment - Dan Scheinman, Cisco System Inc. as told to Business Week, August 2005 “We came to India for the costs, stayed for the quality and are now investing for innovation.” A T Kearney FDI Confidence Index 2005 India is among the three most attractive FDI destinations in the world Jack Welch General Electric “India is a developed country as far as intellectual capital is concerned.” US Department of Commerce By 2032, India will be among the three largest economies in the world BRIC Report Goldman Sachs, October 2003 Why Invest in India? Slide6:  India ahead of Brazil, China and Russia in the World Economic Forum’s Global Competitiveness Index rankings for 2006-071 India : 43rd Russia: 62nd Brazil: 66th China: 54th India: BRIC Ranking www.ibef.org Goldman Sachs report on BRIC countries (2003) estimates that among the BRIC countries (Brazil, Russia, India and China) India may have the highest growth rate (5% + over the next 50 years) U.S. Exports to India (2005):  U.S. Exports to India (2005) $7.96 Billion Merchandise Exports 30% increase over 2004 $4.16 billion Services Exports (travel, education, business services) $27 Billion in Bilateral Trade Drivers of Increased Exports by U.S. Companies:  Drivers of Increased Exports by U.S. Companies Changes in Indian Governmental Policies Indian Market and Demographics Indian Economic Growth U.S. Export Support Government of India (GOI) Policy Trends:  Government of India (GOI) Policy Trends Liberalized import policy Lower import tariffs, simplified regs Removal of quantitative restrictions (QR’s) Lower customs duties for projects (from 25% to 10%) Duty free imports on certain items Major tariff reductions on chemicals, pharma, textiles, packaging machinery Strong focus on infrastructure development Simplified documentation procedures (e-filing) FDI allowances and limits raised Opening of FDI in mining, retail, and pensions under review Import of second hand capital goods without age restrictions Aggressive telecom policies Slide10:  India: Attractive Demographics Growth in the higher income categories of India’s population, has lead to a burgeoning affluent section of society, which has significant level of purchasing power GDP Continues Rapid Growth:  GDP Continues Rapid Growth GDP has grown 7% plus for the last 9 quarters (except Q2 2004-05)1 8.9% Growth for Q2 20061 Growth is Occurring Across Sectors1: 1. www. financialexpress.com Slide12:  Growth is Across Sectors 40 60 Rising consumer demand is manifested in growth of key sectors of capital and consumer goods and services Key Indian Cities:  Key Indian Cities Slide14:  Karnataka is a Top 5 Industrialized State One global corporation moves in each week India’s ‘Knowledge Capital’ Bangalore (Karnataka) Bangalore ranked 4th by UNDP as ‘Global hub of technological innovation’ Bangalore Information Technology :  Bangalore Information Technology 20% of Indian Electronics production Over 354 units with Revenues over $2 Billion One new IT company is set up in each week India’s IT Capital with Over $8.5 B Software Exports Est $10 Billion by 2008 35% of India’s Software Exports . Over 50% of the worlds SEI CMM level 5 companies Bangalore Biotechnology:  Bangalore Biotechnology Chennai or Madras (Tamil Nadu):  Chennai or Madras (Tamil Nadu) India’s Eastern Gateway to the world Chennai Business Opportunities:  Chennai Business Opportunities Software development & related Services (BPO) Automobiles & components Textiles, garments and home furnishings Leather based products Agro / food Processing Bio-Technology, Pharma & Herbal based products Software & Electronics Chemicals & Petrochemicals Roads & minor Port development Chennai Automobile Sector:  Chennai Automobile Sector Ford, Hyundai, Mitsubishi (Passenger Cars) Ashok Leyland (Heavy Vehicles, Trucks) TAFE (Tractors) Eicher (Motor Cycles) Over 3 Billions in Sales Over 100 Automobile Component (ACMA) Ventures Total ACMA 2015 Revenue Projected at $35-40 Billion* Hyderabad – Key Strength Areas:  Hyderabad – Key Strength Areas IT/ITES Agriculture & Food Processing Textiles & Apparel Pharma Hardware & Manufacturing Mumbai – India’s Business Capital:  The fastest growing State in India The only State to achieve a growth rate of over 8% per annum Capital of Maharashtra Commercial, trading, financial and services capital. Hosts most top Indian business houses and many global multinationals. Hosts headquarters of the Reserve Bank of India (RBI) and of most other financial institutions. Home of the Bombay Stock Exchange (BSE). Oldest Stock Exchange in Asia, founded in 1875. Contributes over one-third of India’s income-tax revenues and over 30% customs revenue. Also movie (Bollywood) and e-biz capital. Mumbai – India’s Business Capital Maharasthra Sectoral Strengths:  Maharasthra Sectoral Strengths Sector Maharashtra’s Share Financial services/Equities market 95% Pharmaceuticals 40% Automobiles and auto components 38% IT/ITES 30% Chemicals, petrochemicals, oil and gas 27% Engineering 23% Textiles 10% Mumbai Business Opportunities:  Mumbai Business Opportunities Education Energy Entertainment Environment Financial Services Infrastructure Machine Tools Medical/Healthcare Retail New Delhi – The Capital City:  6th Largest Metropolis in the World All Embassies All Federal Governmental Headquarters All major political/strategic decisions New Delhi – The Capital City New Delhi – Key Industries:  New Delhi – Key Industries Aerospace/Defense Energy IT/Telecom Health Care Environment Infrastructure Overall Best Export Prospects:  Overall Best Export Prospects Airport and Ground Handling Equipment Computers and Peripherals Education Services Electric Power Generation, Distribution and Transmission Equipment Food Processing & Cold Storage Equipment Machine Tools Medical Equipment Mining and Mineral Processing Equipment Oil and Gas Field Machinery Pollution Control Equipment Safety and Security Equipment Telecommunications Equipment Textile Machinery Water Treatment Keys to Success in India:  Keys to Success in India Good local partners knowledgeable regarding the local market and procedural issues. Study the Market & Competition. Good planning. Aggressive due diligence and follow up. Patience and commitment. Obtain Export Counseling. Understand the rules, standards and regulations. The US Department of Commerce Can Lend a Helping Hand:  The US Department of Commerce Can Lend a Helping Hand Nov 2006 Trade Delegation www.export.gov/indiamission Led by Under Secretary for International Trade Franklin L. Lavin In Coordination with the U.S. Commercial Service in the U.S. and India Intellectual Property Issues Being Resolved:  Intellectual Property Issues Being Resolved India and the United States are working closely to help improve the IPR situation there. The two governments have conducted over a dozen intellectual property training programs and exchanges. Forums such as the U.S-India Commercial Dialogue and the US-India Trade Policy Forum allow for the continue exchange of ideas which enable India to gain the information needed to make reforms in the IPR sector. Important Online Resources :  Business Chambers www.ciionline.org www.ficci.com www.amchamindia.com www.uschamber.com www.usibc.com www.nasscom.org www.indous.org www.iaccgh.com U.S. Government newdelhi.usembassy.gov www.ita.doc.gov www.export.gov www.tda.gov www.exim.gov www.opic.gov www.buyusa.gov Important Online Resources Slide31:  We thank Consul General S M Gavai, Consul General of India in Houston & The Indian Embassy in Washington DC for their support of IACCGH and the Alliance of Indo American Chambers IACCGH Slide32:  We are here to help your Business with India Succeed Contact: Jagdip Ahluwalia, Executive Director IACCGH 1535 West Loop South, Suite 200 Houston TX 77027 Tel: 832 746 8372 Email: almamach@aol.com 100,000+ Indo Americans in the Greater Houston Area Member of the Alliance of Indo American Chambers IACCGH

Add a comment

Related presentations

Related pages

Mr. Jagdip Ahluwalia Presentation - Education

1. November 16 th2006 Jagdip Ahluwalia. Executive Director, IACCGH Honorary Executive Director, Alliance of Indo American Chambers of Commerce Indo ...
Read more

Indo American Chamber of CommerceGala

... 2015 In a historic first for Houston and the Indo American Chamber of ... the presentation by ... IACCGH founding member Mr.Jagdip Ahluwalia who ...
Read more

MR JAGDIP SINGH AHLUWALIA director information. Free ...

MR JAGDIP SINGH AHLUWALIA - A free Director Summary including all company appointments. Instant Director Report for Risk Scores, County Court Judgements ...
Read more

Indo American Chamber of CommerceContact Us

Mr. Jagdip Ahluwalia Executive Director Mobile: (832)-746-8372 E-mail: jagdip@iaccgh.com. ... E-mail: jagdip@iaccgh.com. Home | About Us ...
Read more

Consulate General of India Houston Texas, USA (Official ...

Consulate General of India Houston, Georgia - Serving US States -Arkansas, Kansas, Louisiana, Oklahoma, Texas, New Mexico, Colorado and Nebraska
Read more