India Accelerating: Prasad Thotakura

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India Accelerating

Prasad Thotakura
Highlights
• The real “Super Highway”
• Economy
• Pharmaceutical
• President’s trip to India
• Population
• Language
• Facts about India
• Conclusion
Real GDP
Pharmaceuticals & Biotechnology
 $6.5 billion and growing at 8-10% annually,
 4th largest pharmaceutical industry in the world, and is
expected to be worth $12 billion by 2008.
 Exports are over $2 billion,
 Top 5 bulk drug makers and at home
 has edged out the Multi-National companies whose share of
75% in the market is down to 35%.
 170 biotechnology companies in India
 A new law amending trials by foreign pharmaceutical
companies
 Drug tests on Indian patients
 Doctors as reseachers
President trip to India
• US - India sign nuclear deal
• Deal to supply India with civilian nuclear technology and
conventional military equipment
• 8 key military nuclear facilities are not subjected to international
monitoring
• 14 civilian nuclear facilities will be under IAEA

• Indian mangoes will be heading to US


in 18 months
• Re-entry after 17 years
• Largest producer of Mangoes

• A new US-Embassy in Hyderabad


Population
• India - highest working population in the World — 700
million people out of 1.1 billion people are less than 25;
• In the US, 41 million are Hispanics, 36.8 million are
African-Americans
• Indian population escalated 38% in five years to reach
2.32 million from 1.68 million (In 2005 – 2, 319, 222; in
2000 – 1,678,765).
• Second largest Asian community
• Heavy concentration in five states: California, New York,
New Jersey, Texas and Illinois
Language – Hindi
• The Indian constitution uses the term ‘mother tongue’
instead of language or dialect.
• Apart from Hindi and English, a total of 22 other
languages are recognized as official languages by the
Constitution of India
• 66% of all Indians can speak Hindi
• Hindi is a direct descendant of Sanskrit through Prakrit
and Apabhramsha languages.
• Started to emerge in the 7th centuries, and by the 10th
centuries it became stable.
Reach of Hindi
• Second most spoken language of the world after Chinese.
(around 800 million people worldwide).
• Outside of India, major Hindi speakers are in Nepal (10
million), South Africa (1 Million), Mauritius (800,000),
Singapore (10,000), New Zealand (25,000), (30,000) in
Germany, USA (450,000), UK, Uganda, Yemen etc.,
• Currently, Hindi is taught in universities like Penn, Yale,
Harvard, Columbia, Duke, Cornell, Michigan, Emory,
Virginia, Minnesota, UC Berkeley, UT Austin, SMU etc.,
Indian Presence in USA
 38% of doctors in the USA US H1-B Visa Applicants by
 12% of scientists in the USA Country of Origin
 36% of NASA scientists   1.  India 44%
 34% of Microsoft employees  2.  China 9%
 28% of IBM employees  3.  Britain 5%
 17% of INTEL scientists  4.  Philippines 3%
 13% of XEROX employees  5.  Canada 3%

 Of the 1.5M Indians living in the USA, 1/5th of them live in


the Silicon Valley.
 35% of Silicon Valley start-ups are by Indians.
 Indian students are the largest in number among foreign
students in USA
 60-70% of all mid-size motels are owned and operated by
Indians
Foreign Multi-National Companies
Top 5 American employers in India:

General Electric: : 17,800 employees


Hewlett-Packard: 11,000 employees
IBM : 6,000 employees
American Express : 4,000 employees
Dell : 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.

 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.

 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.

 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.

 It is estimated that there are 150,000 IT professionals in Bangalore as against


120,000 in Silicon Valley.
Conclusion

• Secular Tolerance
• "In India today, The leader of the opposition is Hindu(L.K.
Advani). While a Sikh (Manmohan Singh) was sworn in by a
Muslim president (Abdul Kalam) to lead a nation that's 82%
Hindu.
• Rising Giant
• Strategically Aligned with US and other countries
• Stability through Free Market Democracy
• Security is the highest priority - Terrorism will be eradicated

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