Transcript Gujarat
Gujarat Delegation visit to
France
Vibrant Gujarat 2015
Partner with Gujarat:
Lead the World
India: Preferred Investment Destination
Attractive FDI Destination
India is the 3rd largest economy in terms of GDP (PPP): USD 5.06 trillion and 10th largest economy in terms
of GDP (Nominal): USD 1.89 trillion 1
To be World’s Fastest growing economy between 20112060 2
Ranked 2nd, among developing economies for FDI
Investment Promotion Agency’s promising investor economies (‘13-15)
Ranked the 3rd most attractive destination for FDI
UNCTAD’s World Investment Prospects Survey 2012-2014
Ranked 7th as per AT Kearney’s 2014 FDI Confidence
Index
Quarterly GDP Growth of India (%)
5.7
4.4
2013 (Q2)
4.8
4.7
4.6
2013 (Q3)
2013 (Q4)
2014 (Q1)
2014 (Q2)
Sources: 1 World Economic Outlook Database, April 2014. International Monetary Fund. Retrieved April 8, 2013.,Annual %ages of constant price GDP are year-onyear changes; the base year is country-specific; 2 India Brand Equity Foundation International Comparison Program 2011, World Bank Report, April 2014
2
Demand and needs of future India
15 million
Annual growth in
population
100 smart cities to be
developed
~4 million Annual sale
of vehicles by 2015
With 49 % Foreign
Direct Investment
allowance in defense
and finance sector
Development of 16
new ports, 7 industrial
cities, with relaxation
of FDI limit in real
estate, etc.
Ultra mega solar power
projects proposed in 4
states of India including
Gujarat
At least 40 million
university places by
2020
700 – 900 million
square meters of
commercial and
residential space to be
built
189 billion litres/ day
of water supply
needed by 2030
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Reasons to be in India
Young demography
• 25% of world’s population under 25 years live in India
Expanding Skilled
Workforce
• Home to 25% of World’s skilled workforce by 2025
High Competency
• World’s 2nd largest pool of scientists and engineers
working across the globe
Growing Consumer
Demand
• India Consumption will account for 40 % of Global
Middle Class 2050
Growth at the
Counters
• Retail sector expected to grow by 260% by 2020
• Current = USD 500 billion
Frugal Innovation
• USD 910.75 million fund to facilitate talent development
in R&D sector
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Reasons to be in India
Well Engineered
Growth Story
• 1st in Engineering Research & Development & Design
Outsourcing Industry
Rural Growth Stories
• Rural income estimated to reach USD 1.8 trillion by 202021 from current USD 570 billion
Increasing
infrastructure spend
• USD 1 trillion investment planned in by 2017
Mobility
Manufacturing the
future
Lifesciences
• Telecom sector expected to grow by 435% by 2020
• 3rd largest smartphone market
• Expected to become the 2nd most competitive
manufacturing destination by 2018
• Amongst the top exporters of formulations in volume
• Biotech industry to be worth USD 100 billion by 2025
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Gujarat
A Land of Opportunities
An Enduring Strong Economy with SDP
rising at an average growth rate of
10.1% since 2005 to 2013, more than the
national average
Gujarat achieved an annual growth rate
of 9.51% during 11th plan (2007-2012)
GUJARAT
Ranked 1st in India for “Economic
freedom among States”
Economic Freedom of the States of India 2013
FDI equity inflows ~ USD 9.5 billion1
Outstanding investments USD 255.4
billion2
*SDP - State Domestic Product ; 1 From April 2000 to Feb.2014 , RBI’s Monthly bulletin dated: 11.04.2014; Note: Exchange rate : USD 1 = INR 61.70 as on 21st
January, 2014 ; 2 CMIE (2012-13)
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Gujarat’s share In India
5% of India’s population:
6% of India’s Geographical Area:
~ 60 million
1,96,000 sq.km
9.5 % share in India’s
7.5 % of India’s GDP
10% of India’s factories are in Gujarat
13% Net Value
(Manufacturing)
Workforce
40% of total Indian port
25% of India’s exports
30% share in India’s stock
market capitalization
cargo handled by
Gujarat’s ports (2012-13)
Gujarat
Strategic geographic location with excellent connectivity
GUJARAT
London
Newark
77690 kms. roads
Kuwait
Doha
Dubai
Sharjah Muskat
Singapore
1 International & 16
Domestic airports
1 Major & 41 Minor Ports
5257.22 km railway lines
Gujarat, with a coastline of 1600 km is well connected to all the major port-based trade routes,
such as USA, Canada, Europe, Australia, China, Japan, Korea, Gulf & African countries and other
major trade cities of the world by air route
Gujarat acts as a Gateway to the rich northern and central hinterland of India; connecting them
via road, rail and air - thereby providing immense trading opportunities
Source: Socio-Economic Report 2013-14
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Gujarat
Enduring and Growing Economy
GSDP in INR billion
The state’s Gross State Domestic Product (GSDP)
expanded at a CAGR of 17% from 2007-08 to
2012-13
8000
The graph shows sectoral composition of Gross State
Domestic Product at current prices (in INR billion)
6000
4000
2000
GSDP
0
( INR billion )
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13
Year
(P)
(P)
(Q)
[3292.85] [3679.12] [4312.62] [5215.19]
Primary
Secondary
[5945.63]
[6700.16]
Tertiary
120000
G u j a ra t reg i stered a n i n crea se o f 1 1 . 2 % i n
t h e Per Ca p i ta I n co me fo r 2 0 1 2 - 1 3 ,
est i ma ted a t I N R 9 6 , 9 7 6 a t cu rrent p ri ces
a n d w el l a b o ve t h e n a t i o n a l a v era g e o f I N R
6 1 , 5 6 4 fo r t h e sa me yea r
96976
Gujarat attracted 131 FDI proposals worth USD
3.7 billion over 2011-12 and became the state
with the second highest number of FDI proposals
Per Capita in INR
100000
87175
77485
80000
60000
64097
50016
55068
40000
20000
0
2007-08
2008-09
Note : (P) : Provisional; (Q) : Quick Estimates
Sources: CMIE, Gujarat State Socio - Economic Review 2013-14, DIPP - Department of Industrial Policy & Promotion;
2009-10
2010-11 (P) 2011-12 (P) 2012-13 (Q)
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Gujarat: Leading the way..
Manufacturing
• Manufacturing sector contributed 25.2% to the Gross State Domestic Product (GSDP) in 2012-13
• Gujarat is the leader in the production of Soda ash (91%), Salt (66%), Petrochemicals (62%) and
Export of Diamonds (80%) in the country
• CAGR of investments in manufacturing sector in last 6 years is approximately 19%
Automobile
and Auto
Ancillaries
• Gujarat has a sound base of 30 clusters comprising of castings & machine tools, brass parts, oil
engines & electric motors, bearings, auto-ancillaries
• Gujarat will have an installed capacity of over 3 million cars per annum, nearly half of the total
capacity in the country in the next 3-5 years
• Rajkot has approximately 500 auto component manufacturers with annual turnover of ~USD 130
– 150 million
Chemicals
Pharmaceuticals
• Gujarat accounts for 62% of India’s petrochemical production, 53% of other chemicals
production and 18% of India’s chemical exports
• More than 6,600 chemical and petrochemical products are produced in Gujarat
• Largest supplier of bio-fertilizers, seeds, urea and other fertilizers -Largest caustic soda
producing state with 1.6 million tonnes capacity
• Gujarat accounts to 33% of India’s pharma sector turnover and 28% of India’s pharma export
• 80% of world’s Isoniazid (used for treatment of tuberculosis) is produced in Gujarat
• Approximately 40% of India’s machinery for pharma sector manufactured is from Gujarat
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Gujarat: Leading the way..
Renewable
Energy
• Gujarat contributes ~15 % to India’s renewable energy basket
• Gujarat has the highest solar generation potential in India of around 69,000 MW (Installed
capacity: 891 MW as on 31/03/2014)
• Gujarat has Asia’s first and the largest Solar Park with a capacity of 590 MW at Charanka
Agro & Food
processing
• The agricultural growth rate in Gujarat rose from 3.3% in the 1990s to 11% during the decade
2001-02 to 2011-12
• Gujarat’s Share in World Production: Fennel – 67%, Castor – 67%, Cumin – 36%, Isabgul – 35%,
Ground nut – 8%, Guar Seed – 6%
ICT
• The ICT industry in Gujarat was estimated to be around USD 810 million including exports
worth USD 270 million In 2012-13
• More than 1000 ICT & BPO companies including 5 medium sized companies operational in
Gujarat
Finance
• Gujarat contributes to almost 30 % of India’s stock market capitalization, 16 % to the country's
total output and 19 % to exports
• India’s first Globally benchmarked SEZ for Financial Services, GIFT, aspires to cater to India’s large
financial services & IT/ITeS potential by offering a world-class infrastructure and facilities
Defense
• With 49 % Foreign Direct Investment allowance in defense sector, India is set to strengthen its
tie with foreign partners.
• Gujarat aims to target 35% of the possible defence Offsets to be sourced from India
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Gujarat Investment Opportunities
Manufacturing
Automobiles
• Power equipment
• Assembling and
manufacturing
manufacturing
• Auto components
• Modern cement and
textile machinery
Agro & Food processing
• Natural resources- based
opportunities
• New Age Warships
• Modern Aircrafts
automobiles
• Agricultural/Horticultural
• Auto Ancillaries
Infrastructure projects
•R&D
ICT
• Newer technology-based
• Advanced Rocket Technology
• Surveillance, Communications
and Navigation Technologies
projects
• Electronic Components
Pharmaceuticals
• Medical devices
manufacturing
• R&D in Clinical
research and Genetic
engineering
• Biopharmaceuticals
• Process & Design
Finance
• Opportunities in
GIFT City
• Financial Service
operations
• Capital markets and
trading
• Export oriented processing
Chemicals
• Sensors/ Detectors/ Radars
Renewable
Energy
Defense
• Textile Chemicals
• Solar Parks
• ICT Parks
• Pigments and Coating
• Wind Energy Farms
• Microprocessors
• Wind Turbine
• Handsets
Products
• Engineering Polymers
• Acrylic Fibres
Manufacturing
• Smart grid
• Wireless
Communication
Systems for Defense
Sector
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State Acts & Policies
Gujarat Textile
Policy 2012
Shipbuilding
Policy 2010
• To transform the state cotton industry as a leader in manufacturing of yarn, fabric and garments
with a policy to work on five F’s – Farm, Fibre, Fabric, Fashion (Garment) & Foreign (Export)
• To explore potential as well as resources available on the Gujarat coast for shipbuilding
• To enhance industrial growth in the state by encouraging establishment of downstream
ancillary industries
Gujarat Industrial
Policy 2009
• To facilitate investments in the state, generate employment and adhere to high quality standards
Power Generation
Policy 2009
• To develop the state of Gujarat as a power-generation hub
• To have adequate availability of power in the state for agriculture, households, industry etc.
Solar Power Policy
2009
• To promote power generation of green and clean power in the state using solar energy
• To promote employment generation and skill enhancement of local youth
Special
Investment
Region Act 2009
• To facilitate the set up for the establishment, operation, regulation and management of
Industrial regions of more than 100 sq. km
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Gujarat
A vision for integrated growth leading to a overall development
The current phase involving integrated development of large areas like SIRs, PCPIR
and DMIC is poised to transform the industrial scenario in the state
13 Special Investment Regions (SIR) of
more than 100 sq. kms each planned
Petroleum, Chemicals & Petrochemical
Investment Region (PCPIR)
57 SEZs
Multi-product
Chemical
National Manufacturing Zone - Dholera
Gujarat International Finance
Tec City (GIFT)
Level of integration
Textile
Pharma
186
Industrial
Estates
(functional)
IT/ITeS
Electronics
Engineering
Biotech
83 Products
Clusters
Stage 1
New industrial areas planned for
agro parks, tourism, recreation
and information technology
Knowledge Corridor
Integrated Township
Gems &
Jewellery
Stage 2
Stage 3
Stage 4
Scale of holistic development
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Vibrant
Gujarat
India’s largest trade and
investment summit
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Vibrant Gujarat :
The journey from “Investors’ Summit” to “Global Business Hub”
2011 & 2013
The Global Business Hub
Vibrant Gujarat 2015 Themes:
Knowledge Building,
Sustainability, Youth
Empowerment & Skill
Development, Innovation & R&D
and Gujarat as a platform to do
business in India
2009
Showcasing Gujarat:
The Growth Engine of India
2007
Making Gujarat as Most
Preferred Investment
Destination
2005
Making Gujarat as
Preferred Investment
Destination
2003
Re-establishing
Gujarat as
Investment
Destination
Focus on Investment Promotion
and Showcasing Gujarat as
Investment destination
Global platform for
networking, knowledge
sharing, social and business
transformation
Vibrant Gujarat 2013
Participation from - 121 countries
Foreign delegates - 2,100
Indian delegates - 58,000
Investment Intentions – 17,719
Strategic Partnerships 2,670
Partner Countries - Japan & Canada
Partner Organization - USIBC, JETRO, ICCC, UKIBC, AIBC
Exhibition Area - 1,00,000 sq. mt.
Vibrant Gujarat 2015: “A Global Business Platform”
January 11, 2015
0900 – 1300 hrs:
Inaugural Function
• Inaugural Address by Hon’ble Prime Minister of India, Shri Narendra Modi
1300 – 1400 hrs:
Lunch
1400 – 1700 hrs:
Partner Country Seminars
• 7 Partner Countries from across the world
1700 – 2000 hrs
Global CEO’s Meet
• CEOs of Fortune 500 Companies, Eminent Economists, Noble Laureates and
Academicians
2000 hrs onwards
Dinner with International Concert
Vibrant Gujarat 2015: “A Global Business Platform”
January 12, 2015
0900 – 1300 hrs:
Theme Seminars
•
Smart Cities for the Next Generation
•
SMEs : Gearing up for Global Competitiveness
•
Gujarat: Preferred Hub for Defense Production
•
International Finance Centre: A Platform for Global Business
•
Water Management & Climate Change
•
Healthy Gujarat: Leveraging Technology, Innovation and Enablers (TIE)
•
CSR: Touching Lives and Making an Impact
•
Energy: “Sustainable for All”
1400 – 1600 hrs
State Seminars
1630 hrs onwards
Valedictory Session
Vibrant Gujarat 2015: “A Global Business Platform”
January 13, 2015
0900 – 1300 hrs:
• B2G Meetings with Policy Makers and Government Officers
• B2B Meetings between visiting companies
Vibrant Gujarat 2015
7 Partner Countries, Delegates from over 127 Countries
Australia
Netherlands
Canada
Japan
South Africa
Partner Organizations
Singapore
Knowledge Partner
USIBC
Great Britain
National Partner
Vibrant Gujarat 2015
Participants
• International
Leaders
• Union Ministers
• Fortune 500 CEOs
• Industrialists
• Young Entrepreneurs
• Investment Bankers
• Academicians
• Eminent Economists
• Noble Laureates
Vibrant Gujarat Global Trade Show
“The Biggest So Far”
Vibrant Gujarat 2015 Global Trade Show
• Dates: 8th Jan – 13th Jan 2015
• Venue: Exhibition Ground, Gandhinagar
• www.vggts.com
• A Business Platform showcasing over 25 Sectors
• Area: 1,25,000 Sq. Mtrs.
• 2000+ Companies expected to participate
• Over 2 Million visitors expected
• Over 2,500 International Delegates
• International participation from over 101 Countries
Thank You