Transcript Gujarat
Gujarat Delegation visit to France Vibrant Gujarat 2015 Partner with Gujarat: Lead the World India: Preferred Investment Destination Attractive FDI Destination India is the 3rd largest economy in terms of GDP (PPP): USD 5.06 trillion and 10th largest economy in terms of GDP (Nominal): USD 1.89 trillion 1 To be World’s Fastest growing economy between 20112060 2 Ranked 2nd, among developing economies for FDI Investment Promotion Agency’s promising investor economies (‘13-15) Ranked the 3rd most attractive destination for FDI UNCTAD’s World Investment Prospects Survey 2012-2014 Ranked 7th as per AT Kearney’s 2014 FDI Confidence Index Quarterly GDP Growth of India (%) 5.7 4.4 2013 (Q2) 4.8 4.7 4.6 2013 (Q3) 2013 (Q4) 2014 (Q1) 2014 (Q2) Sources: 1 World Economic Outlook Database, April 2014. International Monetary Fund. Retrieved April 8, 2013.,Annual %ages of constant price GDP are year-onyear changes; the base year is country-specific; 2 India Brand Equity Foundation International Comparison Program 2011, World Bank Report, April 2014 2 Demand and needs of future India 15 million Annual growth in population 100 smart cities to be developed ~4 million Annual sale of vehicles by 2015 With 49 % Foreign Direct Investment allowance in defense and finance sector Development of 16 new ports, 7 industrial cities, with relaxation of FDI limit in real estate, etc. Ultra mega solar power projects proposed in 4 states of India including Gujarat At least 40 million university places by 2020 700 – 900 million square meters of commercial and residential space to be built 189 billion litres/ day of water supply needed by 2030 3 Reasons to be in India Young demography • 25% of world’s population under 25 years live in India Expanding Skilled Workforce • Home to 25% of World’s skilled workforce by 2025 High Competency • World’s 2nd largest pool of scientists and engineers working across the globe Growing Consumer Demand • India Consumption will account for 40 % of Global Middle Class 2050 Growth at the Counters • Retail sector expected to grow by 260% by 2020 • Current = USD 500 billion Frugal Innovation • USD 910.75 million fund to facilitate talent development in R&D sector 4 Reasons to be in India Well Engineered Growth Story • 1st in Engineering Research & Development & Design Outsourcing Industry Rural Growth Stories • Rural income estimated to reach USD 1.8 trillion by 202021 from current USD 570 billion Increasing infrastructure spend • USD 1 trillion investment planned in by 2017 Mobility Manufacturing the future Lifesciences • Telecom sector expected to grow by 435% by 2020 • 3rd largest smartphone market • Expected to become the 2nd most competitive manufacturing destination by 2018 • Amongst the top exporters of formulations in volume • Biotech industry to be worth USD 100 billion by 2025 5 Gujarat A Land of Opportunities An Enduring Strong Economy with SDP rising at an average growth rate of 10.1% since 2005 to 2013, more than the national average Gujarat achieved an annual growth rate of 9.51% during 11th plan (2007-2012) GUJARAT Ranked 1st in India for “Economic freedom among States” Economic Freedom of the States of India 2013 FDI equity inflows ~ USD 9.5 billion1 Outstanding investments USD 255.4 billion2 *SDP - State Domestic Product ; 1 From April 2000 to Feb.2014 , RBI’s Monthly bulletin dated: 11.04.2014; Note: Exchange rate : USD 1 = INR 61.70 as on 21st January, 2014 ; 2 CMIE (2012-13) 6 Gujarat’s share In India 5% of India’s population: 6% of India’s Geographical Area: ~ 60 million 1,96,000 sq.km 9.5 % share in India’s 7.5 % of India’s GDP 10% of India’s factories are in Gujarat 13% Net Value (Manufacturing) Workforce 40% of total Indian port 25% of India’s exports 30% share in India’s stock market capitalization cargo handled by Gujarat’s ports (2012-13) Gujarat Strategic geographic location with excellent connectivity GUJARAT London Newark 77690 kms. roads Kuwait Doha Dubai Sharjah Muskat Singapore 1 International & 16 Domestic airports 1 Major & 41 Minor Ports 5257.22 km railway lines Gujarat, with a coastline of 1600 km is well connected to all the major port-based trade routes, such as USA, Canada, Europe, Australia, China, Japan, Korea, Gulf & African countries and other major trade cities of the world by air route Gujarat acts as a Gateway to the rich northern and central hinterland of India; connecting them via road, rail and air - thereby providing immense trading opportunities Source: Socio-Economic Report 2013-14 8 Gujarat Enduring and Growing Economy GSDP in INR billion The state’s Gross State Domestic Product (GSDP) expanded at a CAGR of 17% from 2007-08 to 2012-13 8000 The graph shows sectoral composition of Gross State Domestic Product at current prices (in INR billion) 6000 4000 2000 GSDP 0 ( INR billion ) 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 Year (P) (P) (Q) [3292.85] [3679.12] [4312.62] [5215.19] Primary Secondary [5945.63] [6700.16] Tertiary 120000 G u j a ra t reg i stered a n i n crea se o f 1 1 . 2 % i n t h e Per Ca p i ta I n co me fo r 2 0 1 2 - 1 3 , est i ma ted a t I N R 9 6 , 9 7 6 a t cu rrent p ri ces a n d w el l a b o ve t h e n a t i o n a l a v era g e o f I N R 6 1 , 5 6 4 fo r t h e sa me yea r 96976 Gujarat attracted 131 FDI proposals worth USD 3.7 billion over 2011-12 and became the state with the second highest number of FDI proposals Per Capita in INR 100000 87175 77485 80000 60000 64097 50016 55068 40000 20000 0 2007-08 2008-09 Note : (P) : Provisional; (Q) : Quick Estimates Sources: CMIE, Gujarat State Socio - Economic Review 2013-14, DIPP - Department of Industrial Policy & Promotion; 2009-10 2010-11 (P) 2011-12 (P) 2012-13 (Q) 9 Gujarat: Leading the way.. Manufacturing • Manufacturing sector contributed 25.2% to the Gross State Domestic Product (GSDP) in 2012-13 • Gujarat is the leader in the production of Soda ash (91%), Salt (66%), Petrochemicals (62%) and Export of Diamonds (80%) in the country • CAGR of investments in manufacturing sector in last 6 years is approximately 19% Automobile and Auto Ancillaries • Gujarat has a sound base of 30 clusters comprising of castings & machine tools, brass parts, oil engines & electric motors, bearings, auto-ancillaries • Gujarat will have an installed capacity of over 3 million cars per annum, nearly half of the total capacity in the country in the next 3-5 years • Rajkot has approximately 500 auto component manufacturers with annual turnover of ~USD 130 – 150 million Chemicals Pharmaceuticals • Gujarat accounts for 62% of India’s petrochemical production, 53% of other chemicals production and 18% of India’s chemical exports • More than 6,600 chemical and petrochemical products are produced in Gujarat • Largest supplier of bio-fertilizers, seeds, urea and other fertilizers -Largest caustic soda producing state with 1.6 million tonnes capacity • Gujarat accounts to 33% of India’s pharma sector turnover and 28% of India’s pharma export • 80% of world’s Isoniazid (used for treatment of tuberculosis) is produced in Gujarat • Approximately 40% of India’s machinery for pharma sector manufactured is from Gujarat 10 Gujarat: Leading the way.. Renewable Energy • Gujarat contributes ~15 % to India’s renewable energy basket • Gujarat has the highest solar generation potential in India of around 69,000 MW (Installed capacity: 891 MW as on 31/03/2014) • Gujarat has Asia’s first and the largest Solar Park with a capacity of 590 MW at Charanka Agro & Food processing • The agricultural growth rate in Gujarat rose from 3.3% in the 1990s to 11% during the decade 2001-02 to 2011-12 • Gujarat’s Share in World Production: Fennel – 67%, Castor – 67%, Cumin – 36%, Isabgul – 35%, Ground nut – 8%, Guar Seed – 6% ICT • The ICT industry in Gujarat was estimated to be around USD 810 million including exports worth USD 270 million In 2012-13 • More than 1000 ICT & BPO companies including 5 medium sized companies operational in Gujarat Finance • Gujarat contributes to almost 30 % of India’s stock market capitalization, 16 % to the country's total output and 19 % to exports • India’s first Globally benchmarked SEZ for Financial Services, GIFT, aspires to cater to India’s large financial services & IT/ITeS potential by offering a world-class infrastructure and facilities Defense • With 49 % Foreign Direct Investment allowance in defense sector, India is set to strengthen its tie with foreign partners. • Gujarat aims to target 35% of the possible defence Offsets to be sourced from India 11 Gujarat Investment Opportunities Manufacturing Automobiles • Power equipment • Assembling and manufacturing manufacturing • Auto components • Modern cement and textile machinery Agro & Food processing • Natural resources- based opportunities • New Age Warships • Modern Aircrafts automobiles • Agricultural/Horticultural • Auto Ancillaries Infrastructure projects •R&D ICT • Newer technology-based • Advanced Rocket Technology • Surveillance, Communications and Navigation Technologies projects • Electronic Components Pharmaceuticals • Medical devices manufacturing • R&D in Clinical research and Genetic engineering • Biopharmaceuticals • Process & Design Finance • Opportunities in GIFT City • Financial Service operations • Capital markets and trading • Export oriented processing Chemicals • Sensors/ Detectors/ Radars Renewable Energy Defense • Textile Chemicals • Solar Parks • ICT Parks • Pigments and Coating • Wind Energy Farms • Microprocessors • Wind Turbine • Handsets Products • Engineering Polymers • Acrylic Fibres Manufacturing • Smart grid • Wireless Communication Systems for Defense Sector 12 State Acts & Policies Gujarat Textile Policy 2012 Shipbuilding Policy 2010 • To transform the state cotton industry as a leader in manufacturing of yarn, fabric and garments with a policy to work on five F’s – Farm, Fibre, Fabric, Fashion (Garment) & Foreign (Export) • To explore potential as well as resources available on the Gujarat coast for shipbuilding • To enhance industrial growth in the state by encouraging establishment of downstream ancillary industries Gujarat Industrial Policy 2009 • To facilitate investments in the state, generate employment and adhere to high quality standards Power Generation Policy 2009 • To develop the state of Gujarat as a power-generation hub • To have adequate availability of power in the state for agriculture, households, industry etc. Solar Power Policy 2009 • To promote power generation of green and clean power in the state using solar energy • To promote employment generation and skill enhancement of local youth Special Investment Region Act 2009 • To facilitate the set up for the establishment, operation, regulation and management of Industrial regions of more than 100 sq. km 13 Gujarat A vision for integrated growth leading to a overall development The current phase involving integrated development of large areas like SIRs, PCPIR and DMIC is poised to transform the industrial scenario in the state 13 Special Investment Regions (SIR) of more than 100 sq. kms each planned Petroleum, Chemicals & Petrochemical Investment Region (PCPIR) 57 SEZs Multi-product Chemical National Manufacturing Zone - Dholera Gujarat International Finance Tec City (GIFT) Level of integration Textile Pharma 186 Industrial Estates (functional) IT/ITeS Electronics Engineering Biotech 83 Products Clusters Stage 1 New industrial areas planned for agro parks, tourism, recreation and information technology Knowledge Corridor Integrated Township Gems & Jewellery Stage 2 Stage 3 Stage 4 Scale of holistic development 14 Vibrant Gujarat India’s largest trade and investment summit 15 Vibrant Gujarat : The journey from “Investors’ Summit” to “Global Business Hub” 2011 & 2013 The Global Business Hub Vibrant Gujarat 2015 Themes: Knowledge Building, Sustainability, Youth Empowerment & Skill Development, Innovation & R&D and Gujarat as a platform to do business in India 2009 Showcasing Gujarat: The Growth Engine of India 2007 Making Gujarat as Most Preferred Investment Destination 2005 Making Gujarat as Preferred Investment Destination 2003 Re-establishing Gujarat as Investment Destination Focus on Investment Promotion and Showcasing Gujarat as Investment destination Global platform for networking, knowledge sharing, social and business transformation Vibrant Gujarat 2013 Participation from - 121 countries Foreign delegates - 2,100 Indian delegates - 58,000 Investment Intentions – 17,719 Strategic Partnerships 2,670 Partner Countries - Japan & Canada Partner Organization - USIBC, JETRO, ICCC, UKIBC, AIBC Exhibition Area - 1,00,000 sq. mt. Vibrant Gujarat 2015: “A Global Business Platform” January 11, 2015 0900 – 1300 hrs: Inaugural Function • Inaugural Address by Hon’ble Prime Minister of India, Shri Narendra Modi 1300 – 1400 hrs: Lunch 1400 – 1700 hrs: Partner Country Seminars • 7 Partner Countries from across the world 1700 – 2000 hrs Global CEO’s Meet • CEOs of Fortune 500 Companies, Eminent Economists, Noble Laureates and Academicians 2000 hrs onwards Dinner with International Concert Vibrant Gujarat 2015: “A Global Business Platform” January 12, 2015 0900 – 1300 hrs: Theme Seminars • Smart Cities for the Next Generation • SMEs : Gearing up for Global Competitiveness • Gujarat: Preferred Hub for Defense Production • International Finance Centre: A Platform for Global Business • Water Management & Climate Change • Healthy Gujarat: Leveraging Technology, Innovation and Enablers (TIE) • CSR: Touching Lives and Making an Impact • Energy: “Sustainable for All” 1400 – 1600 hrs State Seminars 1630 hrs onwards Valedictory Session Vibrant Gujarat 2015: “A Global Business Platform” January 13, 2015 0900 – 1300 hrs: • B2G Meetings with Policy Makers and Government Officers • B2B Meetings between visiting companies Vibrant Gujarat 2015 7 Partner Countries, Delegates from over 127 Countries Australia Netherlands Canada Japan South Africa Partner Organizations Singapore Knowledge Partner USIBC Great Britain National Partner Vibrant Gujarat 2015 Participants • International Leaders • Union Ministers • Fortune 500 CEOs • Industrialists • Young Entrepreneurs • Investment Bankers • Academicians • Eminent Economists • Noble Laureates Vibrant Gujarat Global Trade Show “The Biggest So Far” Vibrant Gujarat 2015 Global Trade Show • Dates: 8th Jan – 13th Jan 2015 • Venue: Exhibition Ground, Gandhinagar • www.vggts.com • A Business Platform showcasing over 25 Sectors • Area: 1,25,000 Sq. Mtrs. • 2000+ Companies expected to participate • Over 2 Million visitors expected • Over 2,500 International Delegates • International participation from over 101 Countries Thank You