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Reflectionson
INDIA
Among the BRICS in a meltdown.
Walter Vieira, FIMC
2009
An exciting time
The dance of democracy.6.5 million staff !
543 constituencies !4617 candidates !
300 parties !714 million eligible voters !828,804 polling stations !
1.36 million tamper proof elec.voting machines !!!
India
30 main languages
6 main religions
25% of current MPs faced criminal charges
murder, rape and kidnap
Congress & BJP - 49% of votes
The rise of regional parties.
India UPBEAT
An island of stability
in
a subcontinent
of
Pakistan, Nepal, Srilanka,
Myanmar, Afghanistan
India & USA
UPBEAT
Linked in
a ‘common destiny’
Freedom / Democracy / Free Enterprise
India
UPBEAT
Is upbeat with expected GDP growth
of 7%
UPBEAT
The growing markets
Education / healthcare /tourism / infrastructure / IT.
UPBEAT
The growing markets
Education / Healthcare / Tourism /
Infrastructure / InfoTech
UPBEAT
For most multinationals
India has contributed significant profits!!
UPBEAT
The number of middle class homes
NOW exceeds the number of poor homes
UPBEAT
INDIA companies going global.
Tata Corus
Tata Motors Jaguar
Hindalco Novelis
et al
DOWNSIDE
Gone too far, too fast?
Unfortunate – the great meltdown.
Tata Motors /Wockhardt / Ranbaxy
DOWNSIDE
Problems of Corporate Governance
Satyam (2009)
The biggest scam in India
UPBEAT
Exemplary
The fast correction – now Tech Mahindra
DOWNSIDE
So much to be done
Illiteracy Water Sanitation
Roads Health Judiciary
UPBEAT
The Challenge that is INDIA
A developing country with a mature market
differentiate segment
BOPyramid Core competency
Thank You