reflections on india among the brics in a meltdown. walter vieira, fimc 2009

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