India- Its Brobdingnagian Dimensions

Boasting On India

§5,000 year old ancient civilization
§ 325 languages spoken – 1,652 dialects
§ 18 official languages
§ 29 states, 5 union territories
§ 3.28 million sq. kilometers - Area
§ 7,516 kilometers - Coastline
§ 1.3 Billion population.
§ 5600 dailies, 15000 weeklies and 20000 periodicals in 21 languages with a combined circulation of 142 million.
§ GDP $576 Billion. (GDP rate 8%)
§ Parliamentary form of Government
§ Worlds largest democracy.
§ Worlds 4th largest economy.
§ World-class recognition in IT, bio-technology and space.
§ Largest English speaking nation in the world.
§ 3rd largest standing army force, over 1.5Million strong.
§ 2nd largest pool of scientists and engineers in the World.

1. §Bharat Forge has the world's largest single-location forging facility, its clients include Honda, Toyota and Volvo amongst others.
   
2. §Hero Honda with 1.7M motorcycles a year is now the largest motorcycle manufacturer in the world.
   
3. §India is the 2nd largest tractor manufacturer in the world.
   
4. §India is the 5th largest commercial vehicle manufacturer in the world.
   
5. §Ford has just presented its Gold World Excellence Award to India's Cooper Tyre
6. §Suzuki, which makes Maruti in India has decided to make India its manufacturing, export and research hub outside Japan.
   
7. Hyundai India is set to become the global small car hub for the Korean giant and will produce 25k Santros to start with.
   
8. §By 2010 it is set to supply half a million cars to Hyundai Korea. HMI and Ford.
   
9. §The prestigious UK automaker, MG Rover is marketing 100,000 Indica cars made by Tata in Europe, under its own name.
   

§Aston Martin contracted prototyping its latest luxury sports car, AM V8 Vantage, to an Indian-based designer and is set to produce the cheapest Aston Martin ever.

India: Technology Superpower

§Geneva-based STMicroelectronics is one of the largest semiconductor companies to develop integrated circuits and software in India.

§Texas Instruments was the first to open operations in Bangalore, followed by Motorola, Intel, Cadence Design Systems and several others.

§80 of the World’s 117 SEI CMM Level-5 companies are based in India.

§5 Indian companies recently received the globally acclaimed Deming prize. This prize is given to an organization for rigorous total quality management (TQM) practices.

§15 of the world's major Automobile makers are obtaining components from Indian companies.
§This business fetched India $1.5 Billion in 2003, and will reach $15 Billion by 2007.

§New emerging industries areas include, Bio-Informatics, Bio-Technology, Genomics, Clinical Research and Trials.

§World-renowned TQM expert Yasutoshi Washio predicts that Indian manufacturing quality will overtake that of Japan in 2013.

§McKinsey believes India's revenues from the IT industry will reach $87 Billion by 2008.

§Flextronics, the $14 billion global major in Electronic Manufacturing Services, has announced that it will make India a global competence centre for telecom software development.

India : Trade

§Tata Motors paid $ 118 million to buy Daewoo commercial vehicle Company of Korea.
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§Ranbaxy, the largest Indian pharmaceutical company, gets 70% of its $1 billion revenue from overseas operations and 40% from USA.
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§Tata Tea has bought Tetley of UK for £260M.
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§India is one of the world's largest diamond cutting and polishing centres, its exports were worth $6 Billion in 1999.
§About 9 out of 10 diamond stones sold anywhere in the world, pass through India.
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§Garment exports are expected to increase from the current level of $6 billion to $25 billion by 2010.
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§The country's foreign exchange reserves stand at an all-time high of $120 Billion.
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§India's trade with China grew by by 104% in 2002 and in the first 5 months of 2003, India has amassed a surplus in trade close to $0.5M.
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§Mobile phones are growing by about 1.5Million a month. Long distance rates are down by two-thirds in five years and by 80% for data transmission.
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§Wal-Mart sources $1 Billion worth of goods from India - half its apparel. Wal-Mart expects this to increase to $10 Billion in the next couple of years.
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§GAP sources about $600 million and Hilfiger $100 million worth of apparel from India.

India - Self Reliance

§India is among six countries that launch satellites and do so even for Germany, Belgium, South Korea, Singapore and EU countries.
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§India's INSAT is among the world's largest domestic satellite communication systems.
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§India’s Geosynchronous Satellite Launch Vehicle (GSLV) was indigenously manufactured with most of the components like motor cases, inter-stages, heat shield, cryogenic engine, electronic modules all manufactured by public and private Indian industry.
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§Kalpana Chawla was one of the seven astronauts in the Columbia space shuttle when it disintegrated over Texas skies just 16 minutesbefore its scheduled landing on Feb 1st 2003, she was the second Indian in space.
§Back in 1968, India imported 9M tonnes of food-grains to support its people, through a grand programme of national self-sufficiency which started in 1971, today, it now has a food grain surplus stock of 60M.
§India is among the 3 countries in the World that have built Supercomputers on their own. The other two countries being USA and Japan.
§India built its own Supercomputer after the USA denied India purchasing a Cray computer back in 1987.
§India’s new ‘PARAM Padma’ Terascale Supercomputer (1 Trillion processes per sec.) is also amongst only 4 nations in the world to have this capability.
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§India is providing aid to 11 countries, writing-off their debt and loaning the IMF $300M.
§It has also prepaid $3Billion owed to the World Bank and Asian Development Bank.

India: Pharmaceuticals

§The Indian pharmaceutical industry at $6.5 billion and growing at 8-10% annually, is the 4th largest pharmaceutical industry in the world, and is expected to be worth $12 billion by 2008.
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§Its exports are over $2 billion. India is among the top five bulk drug makers and at home, the local industry has edged out the Multi-National companies whose share of 75% in the market is down to 35%.
§Trade of medicinal plants has crossed $900M already.
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§There are 170 biotechnology companies in India, involved in the development and manufacture of genomic drugs, whose business is growing exponentially.
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§Sequencing genes and delivering genomic information for big Pharmaceutical companies is the next boom industry in India.

India: Foreign Multi-National Companies

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.
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§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.
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§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.
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§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.
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§It is estimated that there are 150,000 IT professionals in Bangalore as against 120,000 in Silicon Valley.

India: BPO

posted by Likhitha @ 2:16 PM