Presentation by H.E. Mr. Ashok Sajjanhar Ambassador of India to Sweden & Latvia at Lund University Edens hörsal, Paradisgatan 5, Lund 06 Oct 2011.

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Presentation transcript:

Presentation by H.E. Mr. Ashok Sajjanhar Ambassador of India to Sweden & Latvia at Lund University Edens hörsal, Paradisgatan 5, Lund 06 Oct 2011

 POPULATION – 1.2 Billion (Second largest in the world & 17.3% of the World population)  AREA - 3,287,263 sq kms (7,516 kilometers - Coastline ) (Seventh largest in the world and 2/3 of Europe)  CIVILISATION dates back to 3000 BC (One of the World’s oldest civilisations)

 India – An ancient civilisation but a young nation!  28 major languages & 1650 dialects.  Secular state: Home to major religions of the world: Hindus, Muslims, Christians, Buddhist, Sikhs, Jains, Jews Zoroastrians,...

 Social and Political Revolutions Rule of law based on Justice, Freedom, Equality and Fraternity Greater representation to Women in Parliament Democracy through Panchayat Raj, State Assemblies and Parliament  Economic revolution Land Reforms Right to Education Act Liberalisation Right to Information Act Food Security Legislation Mahatma Gandhi National Rural Employment Guarantee Act

Source: RBI, Ministry of Finance(Govt of India), Trading Economics.com Annual GDP Growth adjusted by Inflation

Source: IBEF, RBI, Ministry of Finance(Govt of India) *As on September 16, 2011 it is US $317 billion US$ Billion

Cumulative amount of FDI equity inflows from April 2000 to May 2011 stood at US$ billion Source: IBEF, RBI, DIPP US$ Billion FDI equity inflows for June 2011 stood at US$ 5.69 billion (11 year high)

Source: IBEF, RBI, DIPP US$ Billion Crossed US$ 100 billion in October 2010

Source: Department of Commerce, Govt of India India’s exports to touch US $ 500 billion by 2015 Exports registered 82% rise in July 2011 US$ Billion

India's imports in July 2011 were US $ 40.4 billion registering a growth of 51.5% Source: Department of Commerce, Govt of India US$ Billion

Demographics -India is among the world‘s youngest nations with a median age of 25 years as compared to 43 in Japan and 36 in the US. -India has third largest pool of scientific and technical manpower in the world - Large English Speaking Population -In 2025, more than 55 per cent of the population of India would be of working age. - With a large working population, India can continue to be competitive globally. Projected Median Age in 2025 Source: World Population Prospects, 2010, UN Over % Between years 50.7% 0-19 years 41.8% Demographic Dividend Human Capital

 Evidence shows that Swedish ships were in India in mid 18th century Ship ”Götha Leijon” was in Surat Sept 1750 – Feb 1751  In 1903 India’s first telephone exchange was bought from Swedish company Ericsson. Ericsson incorporated 1903 – today over 100 years in India  Together with Ericsson, the first wave of traditional Swedish companies came to India. Example: Swedish Match, Asea (today ABB)  In 1960’s and 1970’s the second wave of classic Swedish industrial companies entered India, mainly in Pune. Examples: Alfa Laval, SKF, Tetra Pak, Sandvik, Atlas Copco  In 1980’s and 1990’s a third wave of companies entered India. Examples: IKEA trading (HongKong Ltd), Oriflame, Volvo  Today we are experiencing the fourth wave of Swedish companies entering India Examples: Volvo Cars, Scania, Systemair, Roxtec

India offers the best opportunity amongst the emerging Economic markets:  Fast economic growth – massive investment in Infrastructure and power sector.  Large domestic consumption base – consumer base to touch 800 mn by  Stable policy, strong judicial system and mature regulatory framework.  Healthy corporate presence and strong corporate performance.  To play key role in emerging global economic order – particularly post financial crisis era.

Thank you !