reflections on india among the brics in a meltdown. walter vieira, fimc 2009
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Reflectionson
INDIA
Among the BRICS in a meltdown.
Walter Vieira, FIMC
2009
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An exciting time
The dance of democracy.6.5 million staff !
543 constituencies !4617 candidates !
300 parties !714 million eligible voters !828,804 polling stations !
1.36 million tamper proof elec.voting machines !!!
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India
30 main languages
6 main religions
25% of current MPs faced criminal charges
murder, rape and kidnap
Congress & BJP - 49% of votes
The rise of regional parties.
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India UPBEAT
An island of stability
in
a subcontinent
of
Pakistan, Nepal, Srilanka,
Myanmar, Afghanistan
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India & USA
UPBEAT
Linked in
a ‘common destiny’
Freedom / Democracy / Free Enterprise
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India
UPBEAT
Is upbeat with expected GDP growth
of 7%
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UPBEAT
The growing markets
Education / healthcare /tourism / infrastructure / IT.
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UPBEAT
The growing markets
Education / Healthcare / Tourism /
Infrastructure / InfoTech
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UPBEAT
For most multinationals
India has contributed significant profits!!
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UPBEAT
The number of middle class homes
NOW exceeds the number of poor homes
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UPBEAT
INDIA companies going global.
Tata Corus
Tata Motors Jaguar
Hindalco Novelis
et al
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DOWNSIDE
Gone too far, too fast?
Unfortunate – the great meltdown.
Tata Motors /Wockhardt / Ranbaxy
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DOWNSIDE
Problems of Corporate Governance
Satyam (2009)
The biggest scam in India
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UPBEAT
Exemplary
The fast correction – now Tech Mahindra
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DOWNSIDE
So much to be done
Illiteracy Water Sanitation
Roads Health Judiciary
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UPBEAT
The Challenge that is INDIA
A developing country with a mature market
differentiate segment
BOPyramid Core competency
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Thank You