Transcript India[1] - BYU Marriott School

INDIA
McKay Colton
Carleton Copa
Ethan Davis
Ethan Fabela
Greg McKinnon
TROGDOR
The Burninators
India - सत्यमेव जयते
India’s Culture
• India’s tradition and heritage are
extremely important and are
woven into all parts of society
• Religion is an integral part of
society and a public affair
• Family values are considered
sacred
• Field hockey is the national sport.
However, cricket has become the
de facto national game
India Today
• An Emerging Economic Superpower
• 10th Largest Economy – Gross GDP
• 4th Largest Economy – PPP
• By 2050 Projected 3rd Largest Economy
Is India a Superpower?
• Forget the India you once knew: It is gone. Contemplate instead a
new, funky, self-confident, resurgent nation, embracing its role as an
emerging Asian superpower. This year, India's growth rate could
outstrip China's — and prove more sustainable. Indians are big in
global software development. India's core institutions, from an
independent judiciary and a feisty free press to a massive, nuclear
— but always apolitical — military, are anchored by roots more than
half a century old. There is mounting support for India to become a
permanent member of the United Nations Security Council. The
country's scientists plan to launch a moon probe. Then there is the
brightest jewel in India's crown: its firm adherence to democracy. Put
all this together and the surprise is not that India is gatecrashing the
elite superpower league, but that it has not happened earlier.
World Economies Today
Rank
Country
GDP (PPP)
—
World
60,710,000
1
United States
12,360,000
—
European Union
12,180,000
2
China
8,859,000
3
Japan
4,018,000
4
India
3,611,000
5
Germany
2,504,000
6
United Kingdom
1,830,000
7
France
1,816,000
8
Italy
1,698,000
9
Russia
1,589,000
10
Brazil
1,556,000
World Economies
14,000,000
12,000,000
10,000,000
8,000,000
6,000,000
4,000,000
2,000,000
0
United States
India
Economies
Italy
India Today
• Population – 1.1 Billion, 2nd Largest
• 7th Largest Geographically
• Largest Democracy in the World
India Today
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122nd in Per Capita Income
79.9% of Population live on less than $2/day
212 Million undernourished people
Nuclear Power
Active Space Program
Politics
Federal Parliamentary
Representative
Democratic Republic
Structure
•Executive
•Legislative
•Judicial
Parties
“Worlds Largest Democracy”
• United Progressive Alliance
– Indian National Congress
• National Democratic Alliance
– Bharatiya Janata Party
Corruption
•Recent polls indict that India
has the 2nd most corrupt
government, trailing Hong Kong
•Estimated that 85% of the
politicians are corrupt
•The constitution states that the
Executive branch cannot
influence the Judiciary
•Executive appoints the Judicial
branch
You do the math…
India: Economic Threats and
Benefits to the U.S.
-There are no Economic threats, only
benefits
*Burgeoning Middle Class
*Skilled work force
-Risks
Merchandising Exports
• 30th in the world
• $75.6B
• 0.8% of world merchandise exports
Exports of Commercial Services
$45
$40
$35
Billions
$30
$25
$20
$15
$10
$5
$0
1994
Source: WTO
1996
1998
2000
2002
2004
Labor Force
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496.4 million
60% agriculture – 22% of GDP
17% industrial
23% in services
Zippies
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Indians ages 15-25
Destination driven
Outwardly looking
Upwardly mobile
Education
• Indian Institutes of Technology (7)
• Indian Institutes of Management (6)
“When I finished IIT Delhi and went to Carnegie Mellon for my
Masters, I thought I was cruising all the way because it was so easy
relative to the education I got at IIT”
Vinod Kholsa, cofounder Sun Microsystems
Capital Markets
• Bombay Exchange
– 3500 Companies
– Market Cap $466B
– 5th largest by trading volume
Services
• Radiologist
• CPA
Tata Group
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Chairman Ratan Tata
$12.5B
Industrial & Services
Tata Consulting – India and Indiana
Agreement to buy Corus Steel
Who printed your textbooks?
Economic Stability
• Key to Indian innovation
– Transparent markets
– Intellectual property rights
– Flexible labor laws
• Business Creation and Dissolution
– 10 years to complete bankruptcy
Skyscrapers
• Sixth-floor window gives views for miles in
New Dehli