India Accelerating: Prasad Thotakura
India Accelerating: Prasad Thotakura
India Accelerating: Prasad Thotakura
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
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.
• 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