【文章內(nèi)容簡(jiǎn)介】 vironment are more favorable than China39。s.” A T Kearney, FDI Index 2022 We want to bring to the world various facets of this extraordinary country, its people and progress Chris Cramer, International Managing Director, CNN 2022 India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period” Dominic Wilson, Senior Global Economist and Vice President, Goldman Sachs 2022 India – A Preferred Destination 34 INDIA ADVANTAGE 35 Trained manpower and knowledge base Rich biodiversity Excellent work of research laboratories Welldeveloped base industries Pro active policy framework Proficiency in English Low manpower costs The India Advantage 36 W ork i n g age pop u l ati onto ri se to 65%Urba n pop u l ati onto ri se to 40% 30 40 mnpeopl e j oi n i n gmi ddl e cl ass every yearB y 202 0Demographics: A strong demand driver 37 Source: IMD Competitiveness Yearbook 2022 Source: UN, Man Stanley I SO:9 0 0 1 :2 0 0 0 Pa r t n e r s h i p Dr i v e r Sk i l l e d Ma n p o w e rGl obal Gr ow t h i n W ork i ng A ge P opu l a t i on ( 1 5 ~ 6 4 ) Ov e r t he N e x t S i x Y e a rs ( M l n)375837356413820130 . 0 43A v a i l a bi l i t y of S k i l l e d M a npo w e r , 20227 . 47 . 37 . 27 . 17 . 17 . 06 . 65 . 75 . 34 . 3A v a i l a bi l i t y of Q ua l i f i e d E ngi ne e rs , 202210 = H ig h1 = L o w8 . 97 . 97 . 36 . 96 . 45 . 83 . 96 . 76 . 7W orl dI ndi aA f ri c aC hi naS E A s i aL A m e ri c aW A s i aU S AW E uropeJ a pa n4 , 0 8 767547792135535212719712385Stock Position 2022Addl working age popul ation by 2022S i ngaporeU S AI ndi aGe rm a nyH ong K ongJ a pa nT a i w a nK ore aM e x i c oC hi na10 = Hig h1 = L o wI ndi aS i ngaporeU S AH ong K ongGe rm a nyT a i w a nM e x i c oK ore aC hi na Growing Knowledge Pool 38 Costs for offshore work 30 50 % lower than in USA / Europe The Cost Advantage 39 T o t a l C o m p e n s a t io n f o r W o r k e r s in H e a v y M a n u f a c t u r in g ( U S $ p e r H o u r )2 0 . 3 28 . 3 52 . 2 70 . 7 5 0 . 4 3 0 . 3 50510152025U S A K o r e a M e x i c o C h i n a I n d i a I n d o n e s i aLow Wages 40 ? 10th largest economy in the world 4th in terms of PPP ? Will overtake Japan in PPP terms by 2022, to be 3rd largest in the world ? Large entrepreneurial base and diversified manufacturing structure ? Large reservoir of skilled labour at internationally petitive cost ? Vast pool of scientifically and technically qualified manpower of 20m ? A large domestic market 300 m + strong middle class population ? having substantial purchasing power ? Largest democratic set up ? A broad based and transparent legal framework including arbitration India Economic Enablers 41 ? Vast work of bank branches, financial institutions and wellanized capital and money markets ? A work of technical and management institutes of highest international standards for development of human resources ? India has a record of meeting its international financial obligations as per schedule and has never been a defaulter ? No munication barrier, as English is the most prevalent business language ? Strong and vibrant small scale sector that is keen to establish strategic alliances with their foreign counterparts India Economic Enablers 42 ?Supportive infrastructure base ?Strategic location for third country markets, particularly in the rapidly growing south and southeast Asian countries ?The strategic location of India and its easy and efficient access to the Middle East, East European countries, CIS countries, Africa, South East Asia and AsiaPacific countries places it in a unique position as a sourcing ground for entering into strategic alliances in exportoriented industries ?Foreign panies can take advantage of India’s strategic location and tap the markets of these countries. ?India is slowly but surely emerging as an attractive destination for foreign investment ?Liberalized industrial and foreign investment policies India Economic Enablers 43 ?Recognising the need and the potential in certain areas, the Government has also e out with specialised packages of incentives for setting up projects in the fields of power, roads and highways, telemunications, mining, drugs and pharmaceuticals,hydrocarbons, shipping and ports, tourism, electronics, food processing, etc ?The Government is vigorously promoting and approving foreign direct investment keeping in view the objective of attracting at least US $ 10 b per annum ?The Government is very keen to attract sizeable foreign investment into infrastructural projects like roads, power, ports, telemunications, etc. as the demand for infrastructural services is expected to rise several times to match the projected economic growth of around 8 % per annum in the next ten years India Economic Enablers 44 Sector FDI Limits ? Defence up to 26 % ? Tele up to 74 % ? Civil Aviation up to 49 % ? Real estate amp。 construction sector up to 100 % ? Integrated township development up to 100 % ? Tea plantation up to 100 % India Economic Enablers 45 ? Road length m km Second largest road work in the world ? Railway routes 63,000 km ? Cargo handled 298 m tonnes ? Electricity