I am tired of hearing that India is behind China and that she will one day catch up to China. Let me tell you the Truth India is already a global superpower. Forget about G2, G8, G20, India is class by itself.
India is G1, the lone hyper-superpower in the world.
We are not behind China in the race. We have already won the race to become the world’s next superpower. We are already enjoying our Superpowerdom, superpowerhood, and supoerpower status, thank you very much Bloomberg editors.India has the fastest growing economy in the world with over 10% annual growth rate, the world’s largest middle class consumers with over 1 billion people, the world’s largest and greatest democracy, and a huge foreign reserve that is second to none.
It makes no sense to talk about India’s future. India is the Future. We will rule the world. India is shining.
Let me tell you a few more facts about our Great Country India:
1>India Largest Democracy in the world-: Population: 1.2 Bn. India’s population will surpass china’s by 2030. India has the largest middle class in the world –> Population superpower.
2>India the most industrialized country. India produced the cheapest car, the Tata Nano. India’s IT industry is second to none. Industrial superpower.
3> India never lost a war in its 8000 years history. War superpower.
4> India never invaded other country in history. Peace Superpower.
5>Largest english speaking nation by 2010. The world’s biggest back office. world’s largest skilled workforce. World’s largest working age population. People superpower.
6> over 800 movies made anuualy–bollywood overshadows hollywood, Movies superpower.
7> 6 Miss Universe / Miss world titles in last 10 years: Beauty superpower
8>Per capita income US $9550 ; 2% live in poverty, literacy levels at 88%. India has the world’s largest number of millionaires and billionaires: economic superpower!
9>The Indian Diaspora
38% of Doctors in AMerica are Indians
36% of NASA employees are Indians
34% of Microsoft employees are Indians
28% of IBM employeesare Indians
17% of Intel employees are Indians
13% of Zerox employees are Indians
intellectual superpower!
10>India will eventually become world’s largest economy in 2083–Goldman Sachs
11>India is fastest growing GDP’s in the world, averaging over 10% growth since 1990.
12>India’s GDP will exceed that of Italy in 2020, France in 2020, Germany in 2025 and Japan in 2035 — USA in 2050, China in 2082 –Goldman Sachs
13>India’s Foreign exchange reserves history
1990-91 $40 billion
1995-96 $200 billion
2001-02 $600 billion
2002-03 $760 billion
2003-04 $1000 billion
2004-05 close to $1500 billion
2006-10 over $ 3000 billion
14>Indian Economy
Robust hyper growth of manufacturing, agriculture and services
Low external debt, low deficit, high trade surplus
299 Fortune 500 companies outsource IT work to India
Increased disposable income, increased wealth
Large emerging affluent middle class
15>Indian Aviation
Air deccan–1 st low cose domestic carrier
Most international carriers now target India for network growth and profitability
$5 bn capital infusion in govt owned carriers
Airport privatization
16>India will be the second fastest growing travel and tourism market over 2005-2014 at 8.8%– WTTC
17> Size of indian tourism is 330 million as of 2004
18>Indians going abroad as of 2004
Singapore — 375,658
Saudi Arabia — 373,636
UAE — 336,046
Kuwait — 293,621
Thailand — 280,641
Bahrain — 268,383
USA — 257,271
China — 213,611
U.K — 205,065
Hongkong — 193,705
NewZealand — 16,862
19> India growth projections
1999 — 2.7%
2000 — 3.4%
2001 — 3.6%
2002 — 4.2%
2003 — 4.5%
2004 — 5.9%
2005 — 6.9%
2006 — 8.0%
2007 — 9.4%
2008 — 11%
2009 — 12.8%
2010 — 15%
2011-2050 — 16.8%
20> Drivers of outbound growth
Increased charter operations
Upper middle income group will remain largest segment
potential consumer pie will grow to 300 billion
Age group of 15 to 49 likely comprise 62%
Self-employed who account for over 40% will emerge as
high potential target market
Holiday finance will become popular
21> Over 500 million Indian’s will travel overseas by 2020 — WTO
22> india discover water in moon, space superpower
23> 15 indian awarded Nobel prize.
24> Indian Prime Minister Nehru gifted the UN Security Council Seat to China, and now India is the leading candidate for the permanent member, winning endorsement from USA, Great Britain and Russia. Diplomacy Superpower
