dr.g.s.k.velu at pharmaceutical leadership summit & pharmaleaders business leadership awards...

12
5th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2014 INDO-CHINA DEBATE

Upload: pharmaleaders

Post on 20-Jun-2015

75 views

Category:

Healthcare


3 download

DESCRIPTION

Asia’s biggest leadership forum, the 5th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2014 organised by Indian Affairs, a division of Network 7 Media Group,asia’s biggest news media in mainstream journalism known for its independent & unbiased reporting. I am pleased to inform you that the Conclave is getting huge response from the media, participants & the thought leaders who will assemble to witness a historic theme “Perform or Perish” to be debated by the top leaders of the country on Friday, 18th July 2014 at Hotel Hilton Mumbai International Airport, Mumbai, India. More than 250 Industry leaders are expected to participate at this Historic Conclave The Event is taking place at a time when the new Modi led Government with a huge & decisive mandate from the people replacing the 10 year old UPA led Government marked by series of scams & faulty, directionless policy reforms & certainly the new india is looking at the centre to take up series of steps to bring governance & development. As we are aware india will have to take tough measures to put the economy back on track & india must be prepared itself for some of the bitter economic pills as the slowdown in economic growth, coupled with high inflation, has a serious social consequence since it comes with a decade of jobless growth. curbing inflation, sticking to fiscal discipline and providing a boost to low-cost manufacturing are the main priorities Finance Minister Arun Jaitley while outlining the government's first budget said “growth and price stability are intertwined, even though they "may require a different strategy.". The Challenge for fiscal rectitude as combination of monetary and fiscal policy & slower GDP growth will imply lower tax buoyancy and higher fiscal deficit as india is set to experiment some real Accha Din often chanted by our new Prime Minister Narendra Modi.

TRANSCRIPT

Page 1: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

5th Annual India Leadership Conclave & Indian Affairs Business Leadership Awards 2014

INDO-CHINA DEBATE

Page 2: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

2004 2005 2006 2007 2008 2009 2010 2011 2012 20130.0

2.0

4.0

6.0

8.0

10.0

12.0

14.0

16.0

10.111.3

12.714.2

9.6 9.210.4

9.37.7 7.77.9

9.3 9.3 9.8

3.9

8.5

10.3

6.6

4.7 5.0

INDO-CHINA GDP: 2004-13

China India

GDP Growth Rate over past 10 Years in China is faster than India. India’s estimated GDP is around USD 1.537 trillion, while China is far ahead with GDP of USD

5.878 trillion. Infrastructure Development in China is better than India. China is seen as Manufacturing hub of the world; Manufacturing contributes to ~46% of GDP

compared to India ~15% of India). Contribution of India’s manufacturing segment is stagnant over past many years. Both China and India accounts for almost 2.5 billion people, and has shown rapid economic

transformation in the past few years.

INDO-CHINA: CURRENT ESSENTIALS

http://www.marketcalls.in/economy/india-vs-chinese-economies-compared.html

Page 3: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

INDO-CHINAHealthcare Market: Facts & Indicators

(July 2013 est.)

http://www.indexmundi.com/factbook/compare/china.india/demographicshttp://www.thehealthsite.com/news/pranab-mukherjee-wants-government-to-spend-more-on-healthcare/ http://data.worldbank.org/indicator/SH.XPD.TOTL.ZS

Population

Median Age

Population Growth Rate

Birth Rate

Death Rate

IMR

Life Expectancy

GDP Spent Healthcare

India China

1.22 Billion 1.35 Billion

26.7 Yrs 36.3 Yrs

1.28% 0.46%

20.24 births/1,000 12.25 births/1,000

44.6 deaths/1,000 15.2 deaths/1,000

7.39 deaths/1,000 7.31 deaths/1,000

67.8 Yrs 74.99 Yrs

4.1% 5.4%

Fac

ts

Indian private healthcare market contributes to 70% of healthcare provisioning whereas Government provides healthcare in China for over 90% of population.

Per capita healthcare spent in India accounts to USD$ 132 & in China it is USD $ 379 Per capita government spends on healthcare in India is USD$ 39, whereas in China it

is USD $ 203 Government spends only 1.5% of GDP in India whereas in Chinese government

spends over 6% of GDP in Healthcare.

Page 4: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

MORE FACTS: CHINA

− By 2050, a third of China’s citizens will be over 60, over twice the current proportion

− In the early 1980s, about 80% of the population lived in the countryside. Today only 47% do

Page 5: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

India has the ninth-largest economy in the world by nominal GDP

India is today one of the world’s fastest growing economies. By 2030, India will become the world’s third largest economy with projected GDP at $13,716 bn.

India is the 19th-largest exporter and the 10th-largest importer in the world

Industry accounts for 28 per cent of the country’s GDP and employs 14 per cent of the total workforce.

India is one of the fastest growing retail markets in the world. One of the top five retail markets in the world by economic value, the retail industry is estimated to be $450 billion

India’s healthcare industry is developing at a great pace and is expected to reach $160 billion by 2017, according to Frost & Sullivan.

MORE FACTS: INDIA

INDIA

India ranks second worldwide in farm output.

India is the largest producer in the world of milk, jute and

pulses.

http://www.rediff.com/business/slide-show/slide-show-1-special-25-interesting-facts-you-must-know-about-the-indian-economy-/20130808.htm#9

Page 6: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

INDO-CHINAStructural change over four decades

http://www.rediff.com/business/slide-show/slide-show-1-special-25-interesting-facts-you-must-know-about-the-indian-economy-/20130808.htm#9

China: “classic” pattern, moving from primary to manufacturing sector, which has doubled its share of

workforce and tripled its share of output.

India: Move has been mainly from agriculture to services in share of output, with no substantial increase in manufacturing, and the structure of

employment has not changed much. Share of the primary sector in GDP fell from 60 per cent to 25 per

cent in four decades, but share in employment still more than 60 per cent.

Page 7: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com7

WHY IS INDIA NOT GROWING LIKE CHINA?

Bureaucratic growth model Inconsistent policy framework Obsolete laws No FDI in core sectors like Infrastructure and Manufacturing India’s rising demand, global opportunities states a clear need of favorable

policies and tendency to establish low-cost plants. This would lead the manufacturing sector to achieve newer heights

Page 8: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com8

CHINA’S EDGE OVER INDIA

Infrastructure development

Economic growth

Inflation control

Yuan is appreciative

INDIA’S EDGE OVER CHINA

Growing Investment

Better labour workforce

Average worker age

Chinese model of political business

China’s Less Balanced Growth

Communism in China

China late on socio-economic reforms

Page 9: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

INDO-CHINA SYNERGIES

How can India and China see themselves as partner rather than competitors?

Chinese Hardware Indian Software for the world Pharma/ Biotech/ Diagnostics Products from India and Medical Electronics/

Consumer Electronics/ Infrastructure investment from China. Indian Private Healthcare players into China and Chinese Govt with Indian

Govt partnership for Public Healthcare Preferential access to each other will allow both countries to reach close to

Half of the World Population

New Outlook

TRUSTCreate People-to-People trust and understanding by promoting cross tourism and trust building initiatives

NEW BEGINNINGLeave the historical unproductive issues like border disputes behind and create a new beginning

PARTNERSLook at each other as a partner rather than a competitor

Page 10: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com10

WHAT INDIAN GOVERNMENT SHOULD DO?

Indian Prime Minister has started in a right note by giving China the priority and establishing personal rapport with Chinese premier in Brazil

We should create lots of goodwill measures but should take firm steps to reduce the trade deficit with China by pushing for Most Favored nation status and bilateral trade agreements

Work on lean and favorable policies to enhance and welcome manufacturing industry investments and regulatory frameworks

Page 11: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

TRIVITRON: CURRENT FOCUS & PLANS FOR CHINA MARKET

11

Already selling our Finnish subsidiary's ‘New Born Screening’ products in China and No 2 in China but with Made in Finland brand

Limited sales success with Made in India label In the process of establishing own subsidiary soon to promote stronger

imports/ exports trade with China in the Medical Technology space. Exploring options to enter into private health services space

Page 12: Dr.G.S.K.Velu at Pharmaceutical Leadership Summit & Pharmaleaders Business Leadership Awards 2014

www.trivitron.com

THANK YOU