Академический Документы
Профессиональный Документы
Культура Документы
Lloyds
UAE 13%, US 13%, China 6% (2009) China 11%, US 7%, Saudi Arabia 5%, UAE 5%, Australia 5%, Germany 5%, Singapore 4% (2009) Petroleum products, precious stones, machinery, iron and steel, chemicals, vehicles, apparel Crude oil, precious stones, machinery, fertilizer, iron and steel, chemicals
MAIN EXPORTS:
MAIN IMPORTS:
EASE OF DOING BUSINESS: Global Ranking # 134 (2011) COMPETITIVENESS: NATURAL HAZARDS: Global Ranking # 51 (2010 / 2011) Droughts; flash floods, as well as widespread and destructive flooding from monsoonal rains; severe thunderstorms; earthquakes
Source: CIA World Factbook (www.cia.gov); Competitiveness Index (www.weforum.org); ease of doing business index (www.doingbusiness.org)
Lloyds
President: Pratibha Patil Prime Minister: Dr. Manmohan Singh Minister of Finance: Shri Pranab Mukherjee Background:
India is one of the world's most promising emerging markets. Its economy has tremendous potential, and business and investor interest has soared in the last decade. The country's recent economic performance has retained traction, and growth dipped only slightly, even during the sharp global economic recession and severe drought in 2009, and during the current global economic weakness. The development of India's world-class information technology industry has coincided with the start of a second wave of economic reform. India's economic development has been fairly unusual for a rapidly developing emerging market, with growth in the services sector outpacing that of the rest of the economy. As a result, the GDP share of manufacturingwhich is responsible for generating mass employment in most rapidly developing economies has remained largely unchanged. Although India's manufacturing sector has reignited in recent years, thanks in part to the emergence of its export-oriented sub-sector, services will continue to be India's leading growth sector. In any case, India's growth fundamentals are now on a relatively solid footing and can support strong sustainable expansion for the foreseeable future. Nevertheless, inflows of foreign direct investment, crucial to spurring the development of manufacturing, remain relatively low, particularly compared to neighbouring China. Investment, both domestic and foreign, has been stifled by intrusive market regulation, poor infrastructure, inflexible labour-market practices, and recurring fiscal deficits, which have crowded out private investment, although these trends are improving. Therefore, reform remains essential to unlocking the economy's full potential and propagating growth across the whole country, which forms the central platform of the current Singh administration. Although constraints and risks to growth certainly abound, they are likely to be gradually mitigated as policy reforms continue in response to the needs of expanding domestic employment and creating a globally competitive economy. The outcome of India's 2009 national elections, in which the ruling United Progressive Alliance coalition retained a solid majority, in general bodes well for the future of reform, privatization, deregulation, and infrastructure spending over the medium term.
Lloyds
% of GDP
(Nominal)
Summary
India has a well-diversified export profile. The leading export category is textiles and garments, complemented by gems and jewellery, and the export of machinery and chemicals. Even further diversification exists in India's total foreign-exchange earnings profile when service exports are included. India's dynamic service exports feature IT-andrelated services, as well as financial, medical, and legal services.
The UK and India are among the top investors in each others economies bringing significant long term benefits to both. According to the UKTI, the UK is the largest European investor in India and the fourth largest internationally. Likewise, India is the third largest investor in the UK.
Source: IHS Global Insight, The Economist
Lloyds
Lloyds
Lloyds
Jaipur
According to the 2011 Census of India (provisional), the current population is estimated to be 1,210 million. Out of the total population increase of 371 million between 2001- 2026 the share of workers in the age group 15-26 years in this total increase is 83%. Indias population in 1901 was about 238 million, which has increased by more than four times in 110 years to reach a population of 1,210 million in 2011.
HIGH
Mumbai
MA AP
Hyderabad
Bengaluru
LOW
State Uttar Pradesh Maharashtra Bihar West Bengal Andhra Pradesh Madhya Pradesh Tamil Nadu Rajasthan Karnataka Gujarat TOTAL
Chennai
in % of total 16.5% 9.3% 8.6% 7.5% 7.0% 6.0% 6.0% 5.7% 5.1% 5.0% 100.0%
Decadal Growth Rate of population during 2001/2011 of the six most populous States, (i.e. Uttar Pradesh, Maharashtra, Bihar, West Bengal, Andhra Pradesh and Madhya Pradesh), have all declined during 2001/2011 compared to the previous decade (1991/2001). TOP STATES LEGEND
UP MA BI
WB AP MP
WB AP MP
Maharashtra is the 2nd largest state in India both in terms of population and geographical area. Population of Maharashtra is around 100 million (Census 2001) which is about 9.4% of total population of India. The Gross State Domestic Product at current prices for 2009/2010 is estimated at US$ 189bn and contributes about 14.7% of GDP. It is expected to grow by 10.5% during 2010/2011.
UP MP
BI WB
Mumbai, the state capital and the financial capital of India, houses the headquarters of most of the major Indian corporate & financial institutions. The literacy rate in Maharashtra is 77% as against 65% at national level as per Census 2001. The state has attracted 20% of FDI Industrial (approved) projects in India. Indias main stock exchange, capital market and commodity markets are based in Mumbai. The two most important financial institutions namely Reserve Bank of India (Indias central bank) and the Bombay Stock Exchange are headquartered in Mumbai. The three main sectors which contribute to Maharashtras income are: Services 61% (2009/2010) Industry 29% (2009/2010) Agriculture and allied activities 10% (2009/2010)
Mumbai
MA AP
KEY TAKEAWAYS Mumbai is the financial capital of India Home to Indias stock exchange 61% of income in services sector
Some samples of leading companies, which are based in Maharashtra are: Reliance Industries Ltd One of Indias largest conglomerates, which include activities ranging from petrochemicals, telecommunications & finance. ICICI Bank Indias largest private sector bank Bharat Petroleum Indias largest refining and petroleum retailing unit Larsen & Toubro Indias largest engineering & construction conglomerate
Source: http://mahades.maharashtra.gov.in, Economic survey of Maharashtra 2010/2011, (2011); http://www.ibef.org, Maharashtra 2010
Lloyds
WB AP MP
Tamil Nadu is considered to be the most industrialised state in the country, also known as the yarn bowl of the country. It is the seventh most populous state in India. The Gross State Domestic Product for 2008/2009 is about US$ 73.7bn. The three major cities in Tamil Nadu are Chennai, Coimbatore and Madurai.
UP MP MA AP
BI WB
Key industries in Tamil Nadu are IT, textile, engineering and automotive. Tamil Nadu is also a favourite tourist destination. The state attracted cumulative FDI inflows of US$ 5.7bn between April 2000 and May 2010 and is amongst the states which attract the highest levels of FDI. Tamil Nadu is the second-largest software exporter by value in India after Karnataka. The automotive industry contributes about 8% Gross State Domestic Product, providing direct employment opportunities to about 300,000 people.
Chennai
Some samples of leading companies, which are based in Tamil Nadu are: Madura Coats Supplies threads to clients such as Levis, Tommy Hilfiger
KEY TAKEAWAYS Tamil Nadu is the most industrialised states Second largest IT hub Major textile & engineering hub of South India
Ford Motor main manufacturing plant has a capacity of 100,000 vehicles annually and is located close to Chennai. Ford Motor Company has invested US $500m to double capacity of the plant to 200,000 vehicles Amalgamations Group One of Indias largest engineering conglomerates headquartered in Chennai Bharat Heavy Electricals (BHEL) Principal activities include manufacture and distribute electrical, electronic, mechanical and nuclear power equipment Cognizant Technology Solutions Business Process Outsourcing (BPO) services, IT consulting services
Lloyds
WB AP MP
New Delhi
BI
Delhi is the capital of the Republic of India and also a state for administrative purposes. It is one of the largest metropolis in the country. It is home to the union government of the country and state government offices, hence is often referred to as the political capital of the country. The Gross State Domestic Product of Delhi for 2007/2008 was US$ 35.8bn growing at an average rate of 15% over the last decade.
UP MP MA AP
BI WB
Key industries which are drivers of the Delhi economy are financial institutions, food processing, Information Technology Enabled Services (ITES), consulting and tourism. Due to its importance as a capital city, it is an important centre for trade and commerce with key industry associations.
Some samples of leading companies & organisations, which are based in Delhi are:
KEY TAKEAWAYS Delhi is the political capital of India Major sectors are consulting & tourism Important centre for trade and commerce and key associations
DLF One of Indias largest construction company in the real estate sector. In 2008/2009 total revenue of the company was US$ 615m. National Agricultural Cooperative Federation of India (NAFED) Headquartered in Delhi with its objective to promote cooperative marketing of agricultural produce to benefit the farmers NASSCOM It is the premier trade body and chamber of commerce of the IT and Business Process Outsourcing (BPO) industry in India, and is headquartered in New Delhi
Lloyds
WB AP MP
Andhra Pradesh is on the south-eastern coast of India. Hyderabad is the capital of the state and houses many banking and financial institutions. The key growth areas identified in Andhra Pradesh are IT/ ITES, pharmaceuticals, bio-technology amongst other sectors.
UP MP MA AP
BI WB
The bio-technology market size in 2008/2009 stood at US$ 475m (18% of total Indian bio-technology industry). It is also considered as a bulk drug capital of the country, as half of the top 10 pharmaceutical companies in the country are based here. Despite strong pharmaceutical and a growth markets in bio-technology, agriculture remains and important sector in the states economy. Andhra Pradesh is also considered as being a mineral rich state.
Hyderabad
Some samples of leading companies, which are based in Andhra Pradesh are:
KEY TAKEAWAYS Major sectors are IT & Pharmaceuticals Mineral rich state Insurance regulator (IRDA) is based in Hyderabad
Mahindra Satyam - Provides software solutions to electronics and electrical equipment manufacturers, aerospace and defence companies Microsoft India Microsofts largest software development centre outside US Dr Reddys Laboratories - It ranks among the top 15 generics players in the world (revenues of US$ 958m) and first pharmaceutical company in Asia-Pac (outside Japan) to be listed in NYSE Insurance Regulatory and Development Authority The National agency for regulation of Insurance is headquartered in Hyderabad
Lloyds
WB AP MP
The capital of Karnataka is Bengaluru formerly known as Bangalore. Karnatakas Gross State Domestic Product at 2008/2009 prices was about US$ 59bn, and it averaged at 11.8% growth in the last ten years. It is home to some of Indias leading IT / ITES companies, and Bengaluru is often referred as Silicon valley of India. The state also is home to some of the premier life science institutions such as Indian Institute of Science and National Centre For Biological Science.
UP MP MA AP
BI WB
Bengaluru
Some samples of leading companies, which are based in Karnataka are: Wipro Technologies: Based in Bengaluru, it provides BPO, software solutions and other consulting solutions to global companies around the world Infosys: Infosys is a competitor in the same space as Wipro Bharat Earth Movers: manufactures a wide range of products such as earth moving equipments with revenues of US$ 825m in 2009/2010 United Breweries: It is Indias largest brewer with a turnover of US$ 400m in 2009/2010. The group is also in the Aviation sector and owns Kingfisher airlines
KEY TAKEAWAYS Bengaluru is seen as the Silicon Valley of India Leading sectors are IT, Pharmacy and Automotive
Lloyds
WB AP MP
Gujarat is known as the Petro capital of India. The capital of Gujarat is Gandhinagar named after Mahatma Gandhi. The city of Surat is known for its domination in the diamond industry as a major centre of diamond cutting and polishing.
Gandhinagar
UP MP MA AP
BI WB
The Kandla port is one of the countrys largest ports. The worlds largest ship breaking yard in the world is located in Alang, Bhavnagar.
KEY TAKEAWAYS Major centre of diamond cutting and polishing Major centre for Indias refinery sector Largest ship breaking yard
Some samples of leading companies, which are based in Gujarat are: Parle one of Indias largest manufacturer of biscuits, confectionary and juices Arvind Mills one of the top producers of denim in the world and largest producer in Asia Reliance Industries The largest grass-root refinery in the world is owned by Reliance which is situated in Jamnagar refinery
Lloyds
WB AP MP
Uttar Pradesh is the most populous state in India. The capital of Uttar Pradesh is Lucknow. The Gross State Domestic Product (GSDP) of Uttar Pradesh is 7% (2007/2008) of India. Uttar Pradesh is the largest producer of wheat in India, contributing about a third of the countrys production.
Lucknow
UP MP MA AP BI WB
Tourism represents a major contributor to the GSDP for Uttar Pradesh, as the Taj Mahal, Indias most visited monument is located in Agra.
Some samples of leading companies, which are based in Uttar Pradesh are:
KEY TAKEAWAYS Major sectors are IT & Pharmaceuticals Taj Mahal world heritage site Houses some of the top co-op organisations
Atlas Cycles: a leading bicycle manufacturer in the country manufacturing bicycles of all kinds from kids cycle, mountain bikes and sports bikes ITC Limited: one of Indias foremost consumer goods companies, ranging from a product line of cigarettes, apparel and food products Spice Global: the first company to launch cellular telephone service in India, having a diversified portfolio of finance, entertainment and TV ventures Bajaj Hindustan: one of the largest sugar and ethanol manufacturers in India and all the plants are located in the state
Lloyds
WB AP MP
Kolkata
The capital of West Bengal is Kolkata (formerly Calcutta) with a Gross State Domestic Product of around 8% (2007/2008) compared to other Indian states. Calcutta was the old capital of India during the British Raj and was then moved to Delhi in the early 19th century. West Bengal has the largest brackish-water resources for shrimp farming and leading exporter of shrimps in India, which is the largest exporter of shrimps in the world.
UP MP MA AP
BI WB
West Bengal is the second largest tea growing state in India after Assam and accounts for around a quarter of Indias tea production. West Bengal is also known for being a leading exporters of finished leather goods.
KEY TAKEAWAYS Second largest tea producer in India Leading exporter of Shrimp Major exporter of leather goods
Some samples of leading companies, which are based in West Bengal are: Tata Tea Limited It is the largest brand of tea in India headquartered in West Bengal Shyam Steel Headquartered in Howrah, it is a lead manufacturer of steel re-bars and structures with a turnaround of over US$ 220m in 2009/2010 Arcelor Mittal is the worlds number one steel company, and its designing and engineering centre in Kolkata serves the entire design needs of Arcelor Mittal, globally
Lloyds
Lloyds
4,000 3,500
9.6%
Growth forecasts of 8% a year for at least the next 5 years Economic liberalization, including industrial deregulation, privatization of state-owned enterprises, and reduced controls on foreign trade and investment, began in the early 1990s This has served to accelerate the country's growth, which has averaged more than 7% per year since 1997 The UK is one of the largest European investors in India and India the third largest investor in the UK, with bilateral trade in 2010 standing at GBP 13bn
10%
9.1% 8.5% 7.9% 8.4% 8.6% 8.8% 9.0%
8% 6% 4% 2% 0%
1,500 1,000 500 0 2007 2008 2009 2010 2011 2012 2013 2014 2015
GDP GROWTH
Lloyds
Lloyds
Lloyds
Lloyds
Manufacturing/Pharmaceuticals
Low-cost labour and a large domestic consumer market make India an attractive location for light manufacturing investors from a range of industries. Indian industry produces practically all goods Years of voluntary isolation from the world's exports required local companies to be self-sufficient, leading to widespread inefficiencies. Now, with the market universally exposed to foreign manufacturing entrants, Indian industry has been forced to become more productive International conglomerates Hyundai, Honda, Toyota, Ford, and GM have quickly entered the automobile market, challenging domestic market leader Maruti In other industries, smaller entrants are rapidly making their mark in newly successful industries such as auto parts, as well as India's traditional products like textiles and garments and jewellery PHARMACEUTICALS The Indian pharmaceutical industry is one of the fastest growing sectors of the Indian economy and has made rapid strides over the years Long self-sufficient, the industry has gained global recognition as a producer of low-cost, high-quality bulk drugs and formulations The industry has adapted its business model to the 2005 amendment of Indias patent law that reinstated product patents for the first time since 1972 In the last few years, several pharmaceutical companies have engaged in commercially viable R&D activities and become significant players in the international market. Leading Indian companies include Ranbaxy Laboratories, Dr. Reddy Laboratories, Nicholas Piramal, Cipla, and Biocon
Source: UKTI, IHS Global Insight
Lloyds
Lloyds
Lloyds
Lloyds