Welcome to India

• World's largest democracy with 1.1 billion people

• 10th largest GDP in real terms at $ 1 trillion but 5th largest at $ 4 trillion on purchasing power parity.

• Home to Hindus 81%; Muslims 13%; Christians 2%; Sikh 2 %; Buddhist, Jain, Persians, Jews 2%

• English speaking population about 200 million. Highest no of scientific graduates.

• Demographics: rich 50 million, middle class 300m, poor 250m, abject poor 250m

• Worlds youngest nation-50% of the youth under 25 will be indians by 2020

One of the World’s Most Beautiful Woman - Aishwarya Rai

India-the great Enigma

• World’s fastest growing free market Economy – 9.4% last year, unshackled after years of foreign rule & brush with socialism

• Second largest Mobile subscribers base 250m.

• Largest Producer of Movies with over 900 movies per year in 52 languages !!

• Home to 37 of the 80 CMMI level 5 software companies

• Large acquisitions of companies in US & Europe- usd 28 billion in 2006. in first half 2007-20billion. Now a net exporter of capital

• Indians abroad sent back usd 30billion in 2006

• More millionaires in india than anywhere else in the world if you take into account the actual unaccounted wealth held by individuals

Forbes magazine lists 40 indian Billionaires with a net worth of usd 137 billion - larger numbers than in Japan and only second to usa

Indian Growth across all sectors is still astounding the world

Indian IT & BPO skillscontinue to shake the world

The Indian Giant is Awake –and is Hungry !!

•• India is now worldIndia is now world’’s lowest cost producer of s lowest cost producer of automobiles, steel and optical storageautomobiles, steel and optical storage

•• Boom in real estate, automobiles, consumer goods, Boom in real estate, automobiles, consumer goods, retail malls and virtually all sectors of the economyretail malls and virtually all sectors of the economy

•• India at the right place right timeIndia at the right place right time--supplying high supplying high quality custom designed products worldwidequality custom designed products worldwide

•• Growth is BizarreGrowth is Bizarre-- top downwards from high end to top downwards from high end to low end agriculturelow end agriculture

India- the great New Frontier to fire the American peoples imagination

• The average American would just fall in love with india and its people- both share the same values of freedom, fraternity, tolerance, free enterprise and respect- its just that Americans just have no idea about india except what the read in newspapers about its poverty, its bewildering religions, its tigers and elephants !

• Indian diversity of culture and philosophy of well being and happiness for all would fire the american mind looking for going beyond their wealth in search of a large meaning to life.

• India is where you can make a lot of money and still have a great time, have fun and be a real part of the growth story for oneself. India does not belong to the indians as much as America does not belong to the Americans

Why India ??

• Because of India Itself ! - people around the world love to come to this vibrant, friendly open society that is culturally rich and offers the additional benefit of a path towards way of life that embraces well being and happiness as the ultimate goal

• India’s over investment in tertiary education and earlier wasted human capital is a great tapping ground for global corporate looking at new signs of innovation and creativity

• Indian peoples managerial and entrepreneurial skills along with great communication skill in English, their vibrant, creativity, innovative abilities to drive forward and achieve in spite of all difficulties is our real strength

Advantage India

• The current world demand for high quality but custom designed goods and services from a very well off but finicky demanding global customer has come in very handy for india which excels in high quality but small manufacturing base.

• Indians increased confidence to take on the world and compete – ability to “scale reputation” for expansion

• Indians grass root ability at even village level to do many innovative things, Multitasking, multiprocessing to survive (Jugaad) - the challenge of mere survival brings out the best in them.

A Slumbering Elephant Awakens

• Rocking Real Estate – land in some areas appreciating by over 100% a year

• More than 800 m people need a home or a roof over their head- you see construction everywhere

• Over 35000 miles of international highways under way

• Massive investment in power, railroad

• Massive increase in retail space. Over 10 million sq ft under construction

• All luxury brands are now in india- a major market

India’s Growth Sustainability

• Consumer Demand and spends are driving growth not production or building led growth as in china. Planned investments by indian companies are usd 500 billion over next three years

• Demographics of an increasingly younger nation leading to growing demand, increase in capable skilled workforce

• Earlier migration of the indian elite to US & Europe has lead to greater and faster absorption of technology,access to markets, acquisitions, information and global strategies.

New Drivers of Growth

• Rural markets are huge and just waiting to be tapped• Rural entrepreneurship and talent not yet tapped in full• Bent on research and development for global companies will greatly

fuel growth• Indian diversity in manufacturing and its quick response to changing

demands will lead to greater efficiency and innovation• Indian growth is bizarre – defies all economic models. Its top down

from high end software to high end manufacturing to lower end manufacturing and then to agriculture- it’s a reverse cycle but a great way to grow.

• Indian presence in entertainment, media and literature will increase• Indian culture in yoga, well being and an attractive tourist destination

will being global trawlers• Indian peoples ability to improvise and adapt but find solutions to

complex problems and situations

Why India and not China will be USA’s lead partner in the 21st

century

• American strategic interests converge with those of india. India offers for the Americans

• a counter balance to the growing threat of a non transparent potentially aggressive and menacing china with dreams of global dominance.

• An ability to better fight its “ Global war on Terror” . America needs India’s over 50 years experience in containing forces of terror

• Tapping into the skills of its entrepreneurs

Why India and not China will be US lead partner

• An ability to remain globally competitive in Research and development, innovation and creativity by using indian talent and research bases

• An increasingly important growing consumer market for its goods and services & technology

• An ability to create and deliver custom designed small lots

• An important manufacturing base in specialized engineering goods, automobiles

• An important destination for leisure, entertainment, medical tourism & well being

• Strategic Defense interests to protect trade routes

Indian Philosophy oflife unites this crazy country

• Our firm belief in destiny, our belief in the will of God and our respect for our duty and all beings our great unifying strength and leads to greater resilience

• Home of the greatest cultural and linguistic diversity leading to greater tolerance and acceptance.

Dharma & Karma - The Twin Pillars of Vedanta.• India’s unique philosophy of life- Hinduism or Vedanta as it was

earlier known is no religion-its only a philosophy of life of well being and happiness for self and society.

• In India, you don’t need to mind your Ps & Qs ! Just mind your Ds & Ks : Dharma & Karma

Power & Paradoxes of the Indian mind

• Its feeling of abundance and well being even among the 800 million not so well off

• resilience- example of 9/11 vs delhi Deepawali blasts

• Jugaad- New Orleans vs Mumbai floods• An underlying oneness, a shared belief in the

fairness of the Supreme Power in the face of massive diversity, differences in thought, attitudes, food, clothing and just about everything else

Understanding Indians-doing business with India

Key Indian Attitudes • Individualism & yet provide the Space for Community • Joint Families -a daily dose of Excitement • Privacy is if you have less than 10 people ! • We are the worlds greatest talkers- and everyone has

an opinion • Are Indians Rude - no we just accept kindness & will

return it one day with one. No real need for saying thank you every moment

Understanding Indians-doing business with India

Practical Tips • Learn “Indian Standard Time”- being an hour or so late is ok• Have Patience- we are in no hurry-world is not running

away !• Shaking the hand of a woman – be careful. giving a kiss on

the cheek – no way • Its not just about money – in business relationships come

first• Be Tactful –never be over aggressive• Tasking a small Gift is always nice • Deadlines are something's that are most often broken• the Indian Yes can just mean he does not understand but is

respectful enough not to say no.

Is the World really Flat ??

• Thomas Friedman was only partially right in a very narrow frame reference

• It is the ability of a nations people to make correct innovativeuse of tools of technology that drive growth and competitiveness and not technology as a stand alone- reason why Africa, Latin America, middle east and many other nations have not reaped the same benefit in spite of having access to the same technology-internet, communications,

• Indians have a multitasking, multiprocessing processor sitting just inside their head that makes for their remarkable ability

• Globalization has made access to capital freely flowing to all new ideas irrespective of nationhood

India-shaped by its history of creativity and slavery

• India’s has been plundered and subjugated through thousands of years of invasion and foreign rule-Islamic, French, British et all

• Ancient wealth and culture- 7000 years old. worlds first university, great scientific and architectural progress, largest trading community in the world

• 1500 onwards saw a slew of invasions-culture, heritage, wealth plundered and subjugated. British ruled last two hundred years

• Independence in 1947- a era of left of center policies marked by soviet tilt & resultant state dominance in industry and services

• Near bankruptcy in 1991 led to opening up of economy

India & the US- the soviet tilt

• There could not have been a greater mishap of history between the worlds two largest democracies- US moving towards a military controlled Pakistan for setting up a spying base and india towards a communist Russia for protecting Kashmir through the Soviet veto in United Nations assembly

• A 50 year history marred by suspicion on both sides of intentions

• Of False Hopes & Missed Opportunities

Friends & Tigers US and India –and a strategy to contain China

• Support from Washington – Finally

• The Nuclear Treaty- what is all the fuss about

• Cooperation in research in space , enviorment and green house emissions

• India & the US – Growing Defence Cooperation

• Betting on India for US leadership in product innovation and design

India’ Growing Global Muscle

• Challenges for a maturing nation-its responsible role in global politics

• India & Israel – Transcending traditional Mind Sets

• India & the Arab World : Oil Diplomacy

• India & Iran : A Delicate Balance

• India & Southeast Asia : Mutual Concerns

• India & Pakistan : Estranged Neighbors but seeing rationality

• India & Russia : Still Friends

• India & European Union : Both sides trying hard

• India & China : Breathing fire but cooperating economically

Incredible India

• You have to see the country to believe its eternal beauty and its timeless architecture and ancient monuments , paintings and carvings

• Like the states it has everything- from the highest snow capped mountains to deserts, to white sand beaches, to forests, to rives and lakes and falls

• Unlike America the world changes every 20 miles and you find yourself in many counties within one country- language, food, dresses, colors, architecture all change at an amazing regularity

• Fabulous colorful weddings-a time for coming together

Incredible India

• The State of Rajasthan : great Hindu architecture and forts• Maharashtra – a home of great kings, historical caves at

Ajanta and Ellora.• Goa – a former Portuguese territory- superb beaches • Agra for “Taj Mahal”, Kashmir Valley- a heaven on earth• India’s East : A cultural & literary Feast – ‘Kolkata’• Down South : Enchanting Tamil Nadu, Exotic, fun, strikingly

lovely ‘Kerala’ –great oil massages, a city like Venice on water body.

• Central India : known for vibrant Wild Life Sanctuaries

Taj Mahal-crown of India

HAWA MAHAL or“Palace of Winds“ in Jaipur

A Face of “Shiva”, one of the oldest Gods of Hinduism, carved into a rock on Little Vagator Beach in Goa

Nainital, situated in the outer foothills of the Himalayas, is one of the northern India's main summer tourist destinations

A tale of Two India’s- one super rich one super poor - attaching its seemingly insurmountable problems

• There are two India's in country.

• One India is straining at the leash, eager to spring forth and live up to all the adjectives that the world has been showering recently upon us.

• The other India is the leash.

• One India says, give me a chance and I’ll prove myself. The other India says, prove yourself first and maybe then you’ll have a chance.

• One India lives in the optimism of our hearts. The other India lurks in the skepticism of our minds.

• One India wants. The other India hopes.

• One India leads. The other India follows.

• But conversions are on the rise. With each passing day more and more people from the other India have been coming over to this side. And quietly, while the world is not looking, a pulsating, dynamic, new India emerging.

India vs India

• An India whose faith in success is far greater than its fear of failure. An India that no longer boycotts foreign-made goods but buys out the companies that make them instead.

• History, they say, is a bad motorist. It rarely ever signals itsintentions when it is taking a turn.

• This is that rarely-ever moment. History is turning a page.• For more than half a century, our nation has sprung, stumbled,

run fallen, rolled over, got up, dusted herself and cantered, sometimes lurched on. But today, as we begin our 60th year as a free nation, the ride has brought us to the edge of time’s great precipice.

• And one India-a tiny little voice at the back of the head-is looking down at the bottom of the ravine and hesitating.

• The other India is looking up at the sky and saying, it’s time to fly.

Issues plaguing India

• Primary, secondary and higher education all in a big mess- no real effort to meet market demands and needs. Skill manpower development non existent

• Health care equally disastrous. Non availability of clean drinking water and even basic hygiene in most parts of rural india

• Infrastructure very poor- just playing catch up game• Growth is not being properly shared- rich becoming richer-

leading to increasing disparities and inequality• The elite and great minds not putting enough effort and thought

towards inclusive growth• Emphasis on agriculture productivity needs urgent attention• Reforms in financial markets, judiciary , • women empowerment needs to be practiced in reality

Delhi traffic

Mumbai

India Ahead- what it really means for the American people

• Indians & Americans can together create a world based on harmony, oneness of humanity where religion does not divide but unites all

• An opportunity to expand and grow together-natural boundaries are only for the weak hearted-great seekers of wealth, prosperity & happiness & well being look beyond boundaries and nationalities. India welcomes these seekers to its shores

Other information

Projected relative size of economies in 2005 and 2050 (US = 100)

Source: Pricewaterhouse coopers estimates (rounded to nearest percentage point)

2005 2050

100 100

2005 2050

100

USA

2005 2050

76 143

2005 2050

18 94

China

2005 2050

30 100

2005 2050

6 58

India

GDP in PPP terms GDP at market exchange rates in US $ terms

Country (indices with US = 100

A Slumbering Elephant Awakens

The Auto Sector Revs Up

• In 1995, 250,000 cars were sold in India ; in 2006, the number rose to 1.1 million.

• The rickety pre-Cold war Indian made cars and clumsy Ambassadors are now being replaced by the sleek Porches and muscular endeavors.

• Industry experts foresee a global car market in which only two countries offers major growth potential : India & China

A Slumbering Elephant Awakens

Telecommunications gains speed

India, the world’s fastest growing mobile –phone services market, is now the third largest wireless market by users.

India has overtaken Russia and is ranked behind China and the US.

India will have 250 million wireless users by the end of 2007 and 500 million subscribers by 2010.

The number of mobile subscribers in China was 467 million

A Slumbering Elephant Awakens

The Manufacturing Crunch • Tata Steel - a classic case of revival and resurgence of

manufacturing in India. Tata Steel’s purchase of CORUS group marked a watershed in indian corporate history. The purchase makes Tata the 5th largest and lowest cost producer of Steel globally.

• Moser Baer – the largest manufacturer of computer storage devices such as compact discs in the world.

• Essel Packaging – the second largest manufacturer of packaging material.

• Bharat Forge – World’s second largest producer of forgings for world automakers.

A Slumbering Elephant Awakens

Hard Infrastructure • Terminals of five major airports- Mumbai, Kolkata, Delhi,

Chennai and Thiruvananthapuram have recorded unprecedented growth in passenger traffic at 42.9 per cent in April-June 2006 compared to 19.8 per cent in corresponding period last year.

• The domestic terminals of the five airports handled 9.8 million passengers in the first quarter of the current fiscal compared to 6.8million handled in April-June 2005.

Moving ahead but slowly

Health and Food Programs

• The Global poverty rates have continued to fall for the first four years starting from year 2000, according to the Report on world Development indicators 2007.

• The proportion of people living on less than USD one a day has fallen to 18.4 per cent in 2004. India’s share of poorest quintile in national consumption is placed at 8.9 per cent between 1993 and 2005 with underweight percentage of children under the age of five placed at 53 per cent between 1990 and 1995.

• India has jumped from 68 per cent in 1991 to 89 per cent in 2005 in achieving universal primary education and in promotion of genderequality from 69 per cent in 1991 to 87 per cent in 2005.

The Beautiful “Taj Mahal”in Agra

• Saffron depicts the strength and courage of the country.

• White indicates Peace and Truth with Dharma Chakra.

• Green Shows the Fertility, Growth and Auspiciousness pf the land.

Infant mortality rate(per 1,000 live births)

Maternal mortality rate(per 100,000 live births)

Daily per capita dietary protein consumption(In gm)

Countries 2005

Pakistan 79India 56Indonesia 28Philippines 25China 23Sri Lanka 12Malaysia 10South Korea 5

Countries 2003

South Korea 101China 91Malaysia 82Indonesia 67Pakistan 64India 63Philippines 60Sri Lanka 56

Countries 2000

India 540Pakistan 500Indonesia 230Philippines 200Sri Lanka 92China 56Malaysia 41South Korea 20

Health expenditure per capita(PPP in $)

Countries 2003

South Korea 1074Malaysia 374China 278Philippines 174Sri Lanka 121Indonesia 113India 82Pakistan 48

Public expenditure on education(as % of GDP)

Countries 2002-04

Malaysia 8.0South Korea 4.6India 3.3Philippines 3.2Pakistan 2.0Indonesia 0.9China naSri Lanka na

Countries 2005

South Korea 15,840Malaysia 4,970China 1,740Philippines 1,320Indonesia 1,280Sri Lanka 1,160India 730Pakistan 690

Per capita gross national income(In $ million)

Military expenditure(as % of GDP)

Slum population as % of urban dwellers(secure tenure index)

Carbon dioxideemission(per capita, in tonnes)

Countries 2003

South Korea 9.6Malaysia 6.4China 3.2Indonesia 1.4India 1.2Philippines 1.0Pakistan 0.8Sri Lanka 0.5

Countries 2004

Pakistan 3.4India 3.0Sri Lanka 2.8China 2.4South Korea 2.4Malaysia 2.3Indonesia 1.1Philippines 0.9

Countries 2001

Pakistan 73.6India 55.5Philippines 44.1China 37.8South Korea 37.0Indonesia 23.1Sri Lanka 13.6Malaysia 2.0

Internet Users(per 100 users)

Countries 2005

South Korea 68.4Malaysia 42.4China 8.4Indonesia 7.2Pakistan 6.8India 5.4Philippines 5.3Sri Lanka 1.4

Electricity consumption(per capita, in kWh)

Countries 2003

South Korea 7,338Malaysia 3,196China 1,440Philippines 665India 594Indonesia 498Pakistan 493Sri Lanka 407

Countries 2000

Indonesia 76.3Pakistan 69.7India 66.9South Korea 57.9China 55.0Malaysia naPhilippines naSri Lanka na

Distribution of wealth(Gini Coefficients) (in %)

Share of women in wage employment in non-agriculture sector(in %)

Population livingbelow the national poverty line(in %)

Literacy rate(15 years and above, in %)

Countries 1990-2003

Philippines 36.8Pakistan 32.6India 28.6Indonesia 27.1Sri Lanka 25.0Malaysia 15.5China 4.6South Korea na

Countries 2000-04Female Male

South Korea 97 99Philippines 94 92Sri Lanka 90 95Indonesia 87 94China 87 95Malaysia 85 92India 48 73Pakistan 35 67

Countries 2004

Sri Lanka 43.2South Korea 41.6China 40.9Philippines 40.4Malaysia 36.9Indonesia 31.1India 17.3Pakistan 8.6

Proud To Be An Indian

Q. Who is a GURU of Franchise Sales? A. Manish Adhiya

Q. Who is the GM of Hewlett Packard (hp)? A. Rajiv Gupta

Q. Who is the creator of Pentium chip (needs no introduction as 90% of the today's computers run on it)?

A. Vinod Dahm

Q. Who is the third richest man on the world? A. According to the latest report on Fortune Magazine, it is Azim Premji, who is the CEO of

Wipro Industries. The Sultan of Brunei is at 6th position now.

Q. Who is the founder and creator of Hotmail (Hotmail is world's No.1 web based email program)?

A. Sabeer Bhatia

Q. Who is the president of AT & T-Bell Labs (AT & T-Bell Labs is the creator of program languages such as C, C++, Unix to name a few)?

A. Arun Netravalli

Q. Who is the new MTD (Microsoft Testing Director) of Windows 2000, responsible to iron out all initial problems?

A. Sanjay Tejwrika

Q. We Indians are the wealthiest among all ethnic groups in America, even faring better than the whites and the natives.

There are 3..22 millions of Indians in USA (1.5% of population). YET, 38% of doctors in USA are Indians. 12% scientists in USA are Indians. 36% of NASA scientists are Indians. 34% of Microsoft employees are Indians. 28% of IBM employees are Indians. 17% of INTEL scientists are Indians. 13% of XEROX employees are! Indians.

Some of the following facts may be known to you. These facts were recently published in a German magazine, which deals with WORLD HISTORY FACTS ABOUT INDIA.

1. India never invaded any country in her last 1000 years of history.

2. India invented the Number system. Zero was invented by Aryabhatta.

3. The world's first University was established in Takshila in 700BC. More than 10,500 students from all over the world studied more than 60 subjects. The University of Nalanda built in the 4 th century BC was one of the greatest achievements of ancient India in the field of education.

4. According to the Forbes magazine, Sanskrit is the most suitable language for computer software.

5. Ayurveda is the earliest school of medicine known to humans.

6. Although western media portray modern images of India as poverty striken and underdeveloped through political corruption, India was once the richest empire on earth.

7. The art of navigation was born in the river Sindh 5000 years ago. The very word "Navigation" is derived from the Sanskrit word NAVGATIH.

8. The value of pi was first calculated by Budhayana, and he explained the concept of what is now k! nownas the Pythagorean Theorem. British scholars have last year (1999) officially published that Budhayan'sworks dates to the 6 th Century which is long before the European mathematicians.

9. Algebra, trigonometry and calculus came from India. Quadratic equations were by Sridharacharya in the 11 th Century; the largest numbers the Greeks and the Romans used were 106 whereas Indians used numbers as big as 10 53.

10. According to the Gemmological Institute of America, up until 1896, India was the only source of diamonds to the world.

11. USA based IEEE has proved what has been a century-old suspicion amongst academics that the pioneer of wireless communication was Professor Jagdeesh Bose and not Marconi.

12. The earliest reservoir and dam for irrigation was built in Saurashtra.13. Chess was invented in India14. Sushruta is the father of surgery. 2600 years ago he and health scientists of his time conducted

surgeries like cesareans, cataract, fractures and urinary stones. Usage of anaesthesia was well known in ancient India .

15. When many cultures in the world were only nomadic forest dwellers over 5000 years ago, Indians established Harappan culture in Sindhu Valley (Indus Valley Civilisation).

16. The place value system, the decimal system was developed in India in 100 BC.

We owe a lot to the Indians, who taught us how to count, without which no worthwhile scientific discovery could have been made.

— Albert Einstein.

India is the cradle of the human race, the birthplace of human speech, the mother of history, the grandmother of legend and the great grand mother of tradition.

— Mark Twain

If there is one place on the face of earth where all dreams of living men have found a home from the very earliest days when man began the dream of existence, it is India

— French scholar Romain Rolland.

India conquered and dominated China culturally for 20 centuries without ever having to send a single soldier across her border.

— Hu Shih (former Chinese ambassador to USA )

ALL OF THE ABOVE IS JUST THE TIP OF THE ICEBERG, THE LIST COULD BE ENDLESS.

BUT, if we don't see even a glimpse of that great India in the India that we see today, it clearly means that we are not working up to our potential; and that if we do, we could once again be an evershining and inspiring country setting a bright path for rest of the world to follow.

I hope you enjoyed it and work towards the welfare of INDIA

Say proudly, I AM AN INDIAN

Foreign institutional investors cumulative investment in equities is $58.6 billion, which according to Securities and Exchange Board of India (SEBI) is currently valued at $300 billion. FIIsown 29 per cent of Indian equities and nearly 48 per cent of the floating stocks.(Source: Hindustan Times Newspaper dated 17th Aug. 07)