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India Accelerating

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  1. India Accelerating Prasad Thotakura

  2. Highlights • The real “Super Highway” • Economy • Pharmaceutical • President’s trip to India • Population • Language • Facts about India • Conclusion

  3. Real GDP

  4. $6.5 billion and growing at 8-10% annually, 4th largest pharmaceutical industry in the world, and is expected to be worth $12 billion by 2008. Exports are over $2 billion, Top 5 bulk drug makers and at home has edged out the Multi-National companies whose share of 75% in the market is down to 35%. 170 biotechnology companies in India A new law amending trials by foreign pharmaceutical companies Drug tests on Indian patients Doctors as reseachers Pharmaceuticals & Biotechnology

  5. President trip to India • US - India sign nuclear deal • Deal to supply India with civilian nuclear technology and conventional military equipment • 8 key military nuclear facilities are not subjected to international monitoring • 14 civilian nuclear facilities will be under IAEA • Indian mangoes will be heading to US in 18 months • Re-entry after 17 years • Largest producer of Mangoes • A new US-Embassy in Hyderabad

  6. Population • India - highest working population in the World — 700 million people out of 1.1 billion people are less than 25; • In the US, 41 million are Hispanics, 36.8 million are African-Americans • Indian population escalated 38% in five years to reach 2.32 million from 1.68 million (In 2005 – 2, 319, 222; in 2000 – 1,678,765). • Second largest Asian community • Heavy concentration in five states: California, New York, New Jersey, Texas and Illinois

  7. Language – Hindi • The Indian constitution uses the term ‘mother tongue’ instead of language or dialect. • Apart from Hindi and English, a total of 22 other languages are recognized as official languages by the Constitution of India • 66% of all Indians can speak Hindi • Hindi is a direct descendant of Sanskrit through Prakrit and Apabhramsha languages. • Started to emerge in the 7th centuries, and by the 10th centuries it became stable.

  8. Reach of Hindi • Second most spoken language of the world after Chinese. (around 800 million people worldwide). • Outside of India, major Hindi speakers are in Nepal (10 million), South Africa (1 Million), Mauritius (800,000), Singapore (10,000), New Zealand (25,000), (30,000) in Germany, USA (450,000), UK, Uganda, Yemen etc., • Currently, Hindi is taught in universities like Penn, Yale, Harvard, Columbia, Duke, Cornell, Michigan, Emory, Virginia, Minnesota, UC Berkeley, UT Austin, SMU etc.,

  9. 38% of doctors in the USA 12% of scientists in the USA 36% of NASA scientists 34% of Microsoft employees 28% of IBM employees 17% of INTEL scientists 13% of XEROX employees Indian Presence in USA • Of the 1.5M Indians living in the USA, 1/5th of them live in the Silicon Valley. • 35% of Silicon Valley start-ups are by Indians. • Indian students are the largest in number among foreign students in USA • 60-70% of all mid-size motels are owned and operated by Indians

  10. Top 5 American employers in India: General Electric: : 17,800 employeesHewlett-Packard : 11,000 employeesIBM : 6,000 employeesAmerican Express : 4,000 employeesDell: 3,800 employees General Electric (GE) with $80 Million invested in India employs 16,000 staff, 1,600 R&D staff who are qualified with PhD’s and Master’s degrees. The number of patents filed in USA by the Indian entities of some of the MNCs (upto September, 2002) are as follows: Texas Instruments - 225, Intel - 125, Cisco Systems - 120, IBM - 120, Phillips - 102, GE - 95. Staff at the offices of Intel (India) has gone up from 10 to 1,000 in 4 years, and will reach 2000 staff by 2006. GE's R&D centre in Bangalore is the company's largest research outfit outside the United States. The centre also devotes 20% of its resources on 5 to 10 year fundamental research in areas such as nanotechnology, hydrogen energy, photonics, and advanced propulsion. It is estimated that there are 150,000 IT professionals in Bangalore as against 120,000 in Silicon Valley. Foreign Multi-National Companies

  11. Conclusion • Secular Tolerance • "In India today, The leader of the opposition is Hindu(L.K. Advani). While a Sikh (Manmohan Singh) was sworn in by a Muslim president (Abdul Kalam) to lead a nation that's 82% Hindu. • Rising Giant • Strategically Aligned with US and other countries • Stability through Free Market Democracy • Security is the highest priority - Terrorism will be eradicated