Title: India market opportunities Presented by Commissioner
1India market opportunities Presented by
Commissioner Solomons
2Queensland - India
3India a world economy
- second fastest growing economy in the World
- GDP growth rate for 2010 expected to exceed 8 per
cent after just over 7 per cent in 2009 - Minimal dependence on exports for economic
growth - 1.2 billion people - 25 years average age
- Making India the12th largest economy
4Growth in India
- Government restructuring and trade
liberalisation - Fast growing middle class (est. 300 million)
- Less dependent on product exports than China
- Well established services industry
- Average age 25 and will continue to decline to 21
5Queensland exports to India 200910
- Merchandise Exports
- India is Queenslands third largest merchandise
export destination - Queenslands merchandise exports to India were
valued atA5156.5M representing 12 per cent of
Queenslands total merchandise exports - Queenslands major merchandise exports to India
in 2009-10p were - Coal, coke and briquettes
- Metalliferous ores and metal scrap
- Vegetables and fruit
- Fertilisers (excl. crude)
- Textile fibres and their wastes
6Queensland exports to India 200910
- Service Exports
- In the six months ending June 2010, 14 174 Indian
students enrolled to study in Queensland, our
second largest segment of the market - In 2009 Queensland received 27 000 Indian
visitors, representing 1.4 per cent of our total
international visitors for the year - In 2009 services exports from Australia to
Indiawere valued at 3701M, an increase of
687M, or 22.8 per cent, from 2008 and
representing Australias fourth largest
servicesmarket
7Trade and Investment Queensland - India Office
Personnel
8Target sectors for 201011
-
- India Infrastructure 201011
- Building and Construction (esp. Green Building)
- Mining Equipment Technology and Services
- Emerging Industries 201011
- Environmental clean technology
- Healthcare
- Food/beverage
- Education focus on VET
- Investment Mining, ICT
9Trade missions to India
- Premiers mission October 2010 New Delhi
- Brisbane Ipswich Mayoral Mission October 2010
Hyderabad - Green Building/Construction October 2010
Hyderabad Chennai - IMME November 2010 Kolkata
- Education Mission Nov 2010 Delhi, Bangalore
10India infrastructure
- Govt of India with current five year plan
200712 working on power, construction of ports,
airports, roads and railway during current GFC
Gov't brought forward many infrastructure plans - Estimated investment into infrastructure and
resources to exceed USD 500 billion - FDI into township, housing, hotel and tourism,
construction and development projects permitted
subject to satisfying development and investment
conditions
11Building and construction trends
- Currently India has the second largest urban
system in the world - Share of urban population expected to increase to
40 per cent by 2021 - Huge pressure on Tier 1 cities (e.g. Mumbai est.
22 million people) - Major new growth in Tier 2, 3 cities
- Current shortage of almost 25 million housing
units and 50 000 hotel rooms - Tax Holiday benefits available for development of
infrastructure facilities such as SEZ, Industrial
Parks, roads, railways, airports, ports, etc
12Building and construction opportunities
- Total market potential for green building
material and equipment is estimated to be US4B
by 2012 (excl. steel, cement) - Specific opportunities
- Prefabricated building components
- Waste and water management
- Competitive structural design and city planning,
- Green buildings products and technologies which
are energy efficient and environment-friendly - Green Building
- 711 registered buildings
- 440.91 million sqft Green building footprint
13Mining
- India is experiencing strong growth in the mining
of coal, iron ore and bauxite to service Indias
production of steel and aluminium - India has large coal reserves estimated at 253
billion tonnes, (96 billion tonnes proven
reserves) - As per the Investment Commission of India,
US10-15-billion investment opportunity over
the next five years to - - Explore and develop new coal mines
- - Manufacture and sell state-of-the-art
- mining equipment and technology - Create
related infrastructure for efficient - distribution of mined coal
14Mining sector opportunities
- Mining technology and services for
exploration,software and systems, safety,
environment, communications, training - Mining equipment, mine planning software
- Improved blasting technologies
- Due to the demand-supply gap for base metals in
particular, there is good scope for exploration
and development of these deposits - Filling of mine voids and possible utilisation of
fly ash for mine stowing - Clean Coal Technology for washing coking and
non-coking coal
15Emerging industries Environmental clean
technology
- According to McKinseys 2009 report, in the next
two decades water demand in India will grow
annually by 2.8 per cent to reach 1500 billion
cubic metres (bcm) while the supply at the
current levels is projected at only about 744 bcm - Although access to drinking water has improved,
the World Bank estimates that21 per cent of
communicable diseases in - India are related to unsafe water
- Only about 1/4th of domestic wastewater and
about 1/2 of industrial wastewater is treated in
India - Growing popularity and acceptance of Solar, Wind
and biomass energy - Indias current renewable energy capacity is 14.2
GW. Ernst Young estimates that the Indias
gross renewable energy potential up to 2032 is
220GW.
16Emerging industries Environmental clean
technology
- The Indian government envisages that by the end
of the 11th Plan period i.e, by 2012, 10 per cent
of the installed power generation capacity in the
country should come through renewable sources - Policy move by the Indian Central Government
legislation to sanitise and treat waste water and
harvest rain water efficiently have led to
numerous opportunities for the Queensland
suppliers with proven capabilities in the
following sub-sectorsof clean technology - - Rainwater harvesting
- - Wastewater treatment
- - Wastewater management
- - Energy efficiency consulting
17Emerging Industries Healthcare and
Pharmaceuticals
- The Healthcare industry is one of Indias largest
sectors - Projected to grow 23 per cent per annum to touch
US77B by 2012 from the current estimated size of
US35B - The private sector accounts for more than 80 per
cent of total healthcare spending in India - 50 per cent of the markets demand for medical
equipment can only be met through imports - Opportunities in the following sub-sectors of
the healthcare industry in India - - pharmaceutical
- - Healthcare Infrastructure
- - Medical tools and equipment
- - Education and training
18Emerging Industries Food, beverage and
agribusiness
- The Indian food market is estimated at over
US182B, and accounts for about two thirds of the
total Indian retail market. - McKinsey Co, the retail food sector in India is
likely to grow from around US70B in 2008 to
US150B by 2025, accounting for a large chunk of
the world food industry, which would grow to
US400B from US175B by 2025 - The following sub-sectors in Queensland have
thecapability to export into the Indian food,
beverage and agribusiness industry - - Agricultural technology and research
hybridisation, fertiliser, pesticide technology - - Agricultural equipment, machinery and
tools - - Edible oils
- - Beverages alcoholic and non-alcoholic
19Education in India
- Higher Education System in India
- 480 Unis, 22 000 colleges need to be ramped up
to1500 and 45 000 by 2011 - (1023) pattern
- IITs, IIMs
- Technical and Vocational Education System in
- India
- VET in India is handled by 17 ministries
- VET System in India has the capability to train
only 3 million youth as against the requirement
to train 13 million youth annually - 500 million youth by 2022
- 7000 public and private providers
(ITIs/ITCs/Polytechnics) - Upgradation of 1600 ITIs on the anvil
20Opportunities
- Foreign Education Institutions Bill
- Modular Employable Skills Programme announced by
the Govt. of India for school dropouts and
untrained labour - National Skill Development Corporation, under
PPP, holds funds for projects related to skill
up-gradation - World Bank has provided a grant of US280M
forVocational Training in India - Second tier cities the Lavasa and ILFS models
and the transition of the rural masses to Lavasa
typedevelopments - Digitised Content/Satellite Education Everonn,
COREProjects and Technologies
21- Trade and Investment Queensland Brisbane team
- Yasmahne Hanel, Tamanna Monem, Shveta Vijesh,
Wendy Elmer, Kael OSullivan - Trade and Investment Queensland India team
- Rod Solomons, Sudeep Nambiar, Sudhir Basavaraju,
Jasmine Sahota, Preeti DRoza, Pallab Ghosh, Hema
Govindaraj