1. India – The Regional
Power House
R.Kannan
August 17, 2012
CFO Annual Conference
2. Introduction
One of the Fastest growing large Economies in the
world.
Contribution of incremental Global GDP is very high.
Scope for good growth in agriculture. – 6% p.a.
Potential for growth is very high
Mineral and Natural resources.
Large Entrepreneur Base
High Savings rate
3. Young Energetic Population
Many segments growing at more than 10% p.a.
Large consumer base.
Competition Among States
Potential for growth in States.
Large informal Economy
Large number of Indians living abroad.
4. India has emerged as an IT Hub
India has emerged as an Auto Hub
India has emerged as a R&D Hub.
250m youngsters set to reach working age in the next
15 years.
Consumer spending. India is the second fastest growing
market.
India’s consumer market is likely to grow by 3.6 times
by 2020 according to BCG.
Urbanisation.
20. Strategies
We have to adopt a low cost strategy as a
country.
Change the political climate favouring the
business as in the past.
Keep the Interest rates very low.
Encourage Entrepreneurism
Open more sectors for FDI.
Develop long term Licensing and Tax policies
21. Strategies
Invite the Indians from abroad to participate in
the economic Development.
India has developed a skill development plan.
India has developed a Manufacturing
Development Plan.
Implement reforms in Power sector without any
further delays.
22. Kick start the growth in mining again.
Investor friendly land acquisition policies.
Better management of Coal and Mineral
resources.
Agricultural reforms.
Development of a Robust Financial services
industry.