Transcript Manitoba speaks on India

Manitoba in India
Bonnie de Moissac
June 14, 2011
28 years of high growth
Average annual GDP growth
(%)
10
8.9
8
6.0
6
3.5
4
2
1.0
0
1900-1950
1950-1980
1980-2002
2002-2010
Population growth is slowing
(%)
2.5
2.2
2.1
2.0
1.8
1.5
1.5
1.0
1.0
0.5
0
1901-1950
1951-1980
1981-1990
1991-2000
2001-2010
Sources: 1900-1990: Angus Maddison (1995), Monitoring the World Economy, 1990-2000:Census of India (2001)
Literacy rate is rising
(%)
100
80
80
65
52
60
40
17
20
0
1950
Source: Census of India (2001)
1990
2000
2010
When middle class is 50%, many changes will occur . . . .
22%
(m)
32%
8%
400
368
300
220
200
100
65
0
1980
2000
Source: The Consuming Class, National Council of Applied Economic Research, 2010
2010
Poverty is declining
(%)
50
1% of the people have
been crossing poverty
line each year for 25
years
46
40
30
Equals ~ 200m
26
20
16
10
0
1980
2000
2010
Per capita income gains
US$ ppp
1,178
1980
3,051
Source: World Bank
2005
GLOBAL NETWORK
JAGAT SHAH, MANITOBA REP IN INDIA
International trade consulting firm
Offices in 11 Indian cities
North : Delhi, Chandigarh
South : Bangalore, Hyderabad, Kochi, Alappuzha
West : Mumbai, Ahmedabad, Rajkot, Surat
East : Chennai
Excellent Export Prospects
for Manitoba companies
• Airport and Ground Handling
Equipment
• Computers and Peripherals
• Education Services
• Electric Power Generation,
Distribution and Transmission
Equipment
• Food Processing & Cold Storage
Equipment
• Machine Tools
• Medical Equipment
•
Civil Nuclear Energy
•
Mining and Mineral Processing
Equipment
•
Resource Extraction Machinery
•
Renewable Energy
•
Safety and Security Equipment
•
Telecommunications Equipment
•
Fabrication Machinery
•
Water Treatment
Advantages of JV with an Indian Company Versus
setting up your own company in India
Joint Venture
Setting Up Own Company

Complements respective strengths

Depend on one company’s strengths

Allows the companies to enter new
geographical or technical areas

Do not have the experience and the
bandwidth to venture into new areas

Access combined resources which is
high on quality and quantity

Only own resources

Market access & govt. liason
challenges.

Easier market access & govt liason

Less manpower challenges

HR demands divert market focus

Better cultural understanding

Cultural challenges

Onus of success on Indian JV partner

Onus of success on local staff

Low risk, Taxation ease

High risk, Taxation challenges
How We Can Help:
Commercialization
Support for Business
Program
What is it?
• The Program provides financial assistance to cost share
arms-length third party expenses up to a maximum of 50%
• Multi staged financial assistance program that targets
Manitoba entrepreneurs and small to medium sized
enterprises that are seeking to:
– start-up.
– expand or modernize their business through innovation and
commercialization.
– access to new markets.
Program Benefits
• Broader support for full range of commercialization activities.
• Staged assistance offers more flexible funding levels
• One program that serves all sectors from agriculture to new
media to manufacturing.
• Support at each level of the business life cycle
• Greater access to business development information and
support through joint departmental delivery that utilizes an
enhanced single-window approach
Program Stages
• Concept Development (up to $25,000)
• Product Development (up to $40,000)
• Product Commercialization (up to $200,000,
software development up to $20,000)
• Market Development (up to $30,000)
• Certification Assistance (up to $15,000)
• Intellectual Property (up to $25,000)
Program Delivery
• Commercialization Support for Business Program
information is available through GoM service centres
– Manitoba Business Gateways
– GO Centres
– Canada/Manitoba Service Centres
• Application forms available online at:
– http://www.gov.mb.ca/business
– http://www.gov.mb.ca/ctt/busdev/financial/csb/
UPCOMING EVENTS
5TH Renewable Energy India
Delhi
Aug 10-12, 2011
ICT Breakfast Seminar
Wpg
Sept. 15, 2011
Cnd Mfg Technology Show
Toronto
Oct. 17-20, 2011
International Fair
Delhi
Nov. 14, 2011
Life Sciences Video Seminar
Wpg
Oct. 4, 2011
THANK YOU FOR YOUR
INTEREST IN INDIA !