India-Nigeria Relations- Leveraging Indian ICTs for Nigeria Presentation by High Commissioner of India B.N. Reddy [Indian Professionals Forum (IPF), Lagos] 5 September 2017

A Snapshot of India Population: 1.25 Billion (2nd Largest) on August 2017 Area: 3.2 mn sq kms (7th Largest) Polity: Parliamentary Democracy under 1950 Constitution with electoral college of over 714 mn; 16 General Elections in 70 years. Media: ~70,000 Publications, 1,400 TV Stations, GDP: PPP: $ 9.5 Tn (3rd); Nominal: $ 2.45 trillion (6th) Composition: Services:53%, Industry:30%, Agriculture:17% GDP Growth: 7.9% in 2015-16; 7.1% in 2016-17 India’s share in global GDP -2.99% (in Nominal terms) and 7.32% (in PPP terms) Trade/GDP: 27%; Exports: $275 bn; Imports $ 380 bn (2016-17) Fixed Investment/GDP: 32.2% Market Cap/GDP: 150% Approx. Fiscal Deficit: 4.7% of GDP FDI –Number on destination in the world; US $60 billion in 2016 World’s youngest country with average age of 29 years in 2020 3

India-Marching Ahead India will be the fastest growing major economy in 2017 Make in India –Aimed at increasing the share of manufacturing in GDP from 16 to 25%; create 100 million jobs; 25 sectors identified (prominent role for ICTs) Launch of Goods and Services Tax -1 July 2017 – A common national market; Smart Cities -60 cities identified; 40 more to come [energy, transport, environment, ICT, buildings] Start-up India –World’s youngest start-up nation -72% founders 35 years; Internet and Financial services Digital India –digitial infra for every citizen; Pan-India fibre-optic network; broadband to 250,000 villages by 2019

Nigeria-India: Current Picture Striking socio-economic & legal similarities Leveraging complementarities India is Nigeria’s Largest Trading Partner ($9.5 bn in 2016-17 – Exports-1.8 bn; Imports-7.7 bn); About 1/6th of India-Africa Trade One of the largest Investors in Nigeria ($ 10 bn) Estimated as 2nd Largest Employer (over135 Indian Cos) To align with ERGP of Nigeria Pole Spot in Power, Automotive sector, Pharma, Health, Incoming Projects: Power including solar, Agri-related, Petro-Chem, Health ~35,000 Indians in Nigeria 5

Nigeria-India ICT Ties From Multi-links to Airtel: Lowering Thresholds Wide Presence of Indian Telecom Experts Training IT Personnel in Nigeria: NIIT & ApTech Indian IT in Banking, Telecom, Fin. Services Partnering & Mentoring Nigerian IT Stakeholders Role of ITEC and IAFS Training - 50 slots (out of 310) Pan African e-Network-to bridge digital divide; tele-education(5 univ) and tele-medicine(5 hosp) Efforts underway to make stronger presence in telecommunications sector

India & Nigeria: Twinning of KBEs Bringing Indian Telecom Model to Nigeria ICT Tipping Points: Numbers, Wages & English Triggering an ICT Revolution in Nigeria Scaling-Up, Fostering and Sustaining ICT e-Governance as Driver for Transformation ICT Sector as Job Provider & Branding Tool India as Peer & Partner for Nigerian ICT! Comments and Suggestions are Welcome: hc.abuja@mea.gov.in