1.FASTEST GROWINGFREE MARKET DEMOCRACY IN A GLOBAL ECONOMYINDIA

2. Presentation

Kushal Chaturvedi

Prerna Khare

Ashish Katiyar

Ritesh Chauhan

Ashwini Goyal

Anshul Gupta

Shrikant Patel

3.

• • • • THE INDIA STORY

• • • • INDIAN SUCCESS STORIES

• • • • INTERNATIONAL SUCCESS STORIES

• • • • INDIA ADVANTAGE

• • • • BUSINESS OPPORTUNITIES

• • • • WINNING ATTITUDE

CONTENTS 4.

• • • • THE INDIA STORY

5. 1947 : Year of Indian Independence Todays India is one of the fastest growingDemocratic Market Economy, well on its way to be integrated with the world economy The famousGoldman Sachs report ( Dreaming with BRICs: The Path to 2050 ) states that, among Brazil, Russia, India and China, India will grow the fastest over the next 30 to 50 years by leveraging its demographic advantages and through continued developmentIndias GDP will exceed Italys in 2016, Frances in 2019, Germanys in 2023 and Japans in 2032 INDIA TO BECOME THE 3 RDLARGEST ECONOMY IN THE WORLD BY 2032AND THESTORYBEGANIN1947 6.

• • • • Planned Industrial Development

• • • • Industry Licensing and Quotas

• • • • Dominance of Public Sector

• • • • Restriction on Private Investment

• • • • Socialism

• • • • Mixed Economy

India Pre - Liberalization 7.

Liberalization of

IndustrialLicensing

De-licensing De-control De-regulation Broad banding Abolition of registration

FERA Liberalization

Liberalization of foreign investment Liberalization of Technology Import The New Industrial Policy for liberalization-1991 8.

MRTP Liberalization

Abolition of threshold assets limit No MRTP clearance needed forexpansions, mergers

Curtailment of Public

Sector

Several industries hitherto reservedfor public sector opened up to privatesector Only eight core industries remainreserved for the public sector Purview of Board for Industrial andFinancial Reconstruction( BIFR) extended to Public sector The New Industrial Policy for liberalization - 1991 9.

• • • • Governments role changed to Regulator from Licensor

• • • • All Licenses Rationalized

• • • • Active participation of private sector

• • • • FDI being Welcomed (100%) - Automatic Route

• • • • Barriers Dismantled & Procedures Simplified

• • • • Indian Industries Actively Investing Abroad

• • • • Bureaucracy - Less Government is Good Governance

• • • • Allowing Market Forces to Govern the Efficient Allocation of Resources with Minimum State Intervention

• • • • Reducing and rationalising foreign trade barriers

India Liberalization Stage - Strategies Developed 10.

• • • • India - One of the fastest growing economies in the world

• • • • Average GDP growth (199 5-200 5 ) :6.2% per annum

• • • • Average annual growth (1995 - 2005)

Agriculture & Allied : + 2.1 % per annum

Industry : + 6.6 % per annum

Services : + 7.8 % per annum

• • • • Average Per Capita Income growth (1995 - 2005):3.8 % per annum

• • • • Inflation down to a single digit level continuously for the lasttenyears

• • • • Foreign exchange reserves increased from US $ 2 b (March 1991)

• • • • to US $145b ( September 2005 )

• • • • Merchandise Exports : +20 % average rate of growth in last three years

• • • • Booming Services Exports from US $ 4.6 b in 1990-91 to US $ 51.3 b in

• • • • 2004-05

Economic Scenario : Post Liberalisation 11.

• • • • B alance ofP aymentssurplus(US $ 26 b in 2004 - 05)

• • • • External Debt Service Ratio down from 26.2 % in 1995 to 6.2 % in 2005

• • • • Foreign Direct Investment (FDI) : Average +US $ 5 b pa in the last

• • • • five years.

• • • • Foreign Portfolio Investment : US $ 11.4 b in 2003-04 and

• • • • US $ 8.9b in 2004-05

• • • • Reforms continuing and have unleashed dynamic forces

• • • • puttingthe economy on a trajectory of unparalleled economic

• • • • growth in the future

• • • • The Indian Government is working in close co-operation with

• • • • industry and trade to mitigate the remaining problems and

• • • • constraints

• • • • Broad c onsensus across the political spectrum on the need for

• • • • anddirection of the reforms . Some issues still need to be resolved

Economic Scenario : Post Liberalization 12. Share Of Services Sector In GDP On The Rise (%) 13.

India

the worlds most irrigated land mass

worlds 2nd largest exporter of rice & 5th largest exporter of wheat

Food production: Indias Ranking in the World

• 1 stTea, Milk

• 2 ndRice, wheat, sugar

Agriculture 14.

• • • • Rate of growth

• • • • 2003-04 7 %

• • • • 2004-05 9.2 %

• • • • 2008-09 12%

• • • • Diversified base of world class capabilities

• • • • State-of-the-art technologies

• • • • TQM,TPM, Six Sigma & Lean Manufacturing - part of

• • • • everyday practice

• • • • Diversified industrial base with supporting ancillary industries

• • • • Overseas acquisitions worth US$ 500 m

Manufacturing 15.

• • • • Consistent growth

• • • • 2003-04 9.1 %

• • • • 2004-05 8.9 %

• • • • 2008-09 11.3%

• • • • Sectors Driving Growth

• • • • - ITES

• • • • - Healthcare

• • • • - Financial Services

• • • • - Education

Source :Economic survey, 2004 - 05 Services 16. Average GDP growth - India & the World Rising share of Indias external trade in GDP 17.

• • • • Land Area: 3.29 m sq. km.

• • • • Population:1.32b

• • • • GDP: US $ 1.209 tn

• • • • Real GDP Growth: 6.7%

• • • • Gross Domestic Savings: 32.1 % (2008 - 09)

• • • • Gross Domestic Investment:29.4% (2008 - 09)

• • • • PerC apita Income: US $ 1016

• • • • Inflation Rate: -0.21 %

Macro Economic Indicators (2008 - 09) 18.

• • • • INDIAN SUCCESS STORIES

19.

• • • Number of foreign firms acquired132

• • • by Indian companies during

• • • 2008 - 09

• • • Total worth US $ 1.9 b

• • • India - 6th largest investor in the UK

• • • No of investments564

• • • No of Indian companies with1,476

• • • operations in Singapore

Indian MNCs - On a global buying spree 20.

• • • • Hero Honda - Largest producer of motorbikes in the world

• • • • Moser Baer - Worlds 3rd largest producer of optical media

• • • • Hero Cycles - Worlds largest bicycle producer

• • • • Bharat Forge - Amongst the worlds top 3 forgings manufacturers

• • • • UB Group - Worlds 2nd largest producer of alcoholic beverages

• • • • Paharpur Cooling Towers -Worlds 2 ndlargest manufacturer of

• • • • Cooling Towers

India Leading The World 21. India Leading The World

• • • • Apollo Hospitals - Single largest hospital chain in South Asia

• • • • TISCO - worlds cheapest producer of steel

• • • • Reliance Industries - Worlds largest producer of PTA, a chemical

• • • • used in textile production

• • • • Mahindra & Mahindra - Amongst top 3 tractor manufacturers in the

• • • • world

• • • • Telco - Amongst top 3 truck manufacturers in the world

• • • • Welspun - Worlds largest producer of terry-towels

• • • • Gujarat Ambuja - Amongst top 5 cement producers in the world

22. Some Indian Examples Benchmarked with the Best In The World 23. Success Story of RELIANCE The Reliance Group founded in 1932, is India's largest business house with total revenues of over US $ 56.7 b and exports of US $ 20.3 b It began as a an SMEThe Group's activities span exploration and production of oil and gas, refining and marketing, petrochemicals, textiles, financial services, insurance, power, telecom and infocom initiativesThe Group exports its products to more than 100 countries the world overReliance Group revenue is equivalent to about 3.5 % of India's GDPThe Group contributes nearly 10 % of the country's indirect tax revenues and over 6% of India's exports Today, the Reliance Group has one of the largest family of shareholders in the world 24. Success Story of WIPRO Wipro was set up in the backdrop of the small town of Amalner in Maharashtra in 1945An SME and primarily an oil factory, the chief products were Sunflower Vanaspati and 787 laundry soap It was in the early eighties that Wipro made its foray into the Infotech arena With this began the Wipro Infotech storyToday, Wipro stands at the firmament, as a trusted and experienced provider of a comprehensive range of IT services, solutions and products, worldwide 25. Success Story of BHARTI Bharti Enterprises has successfully focused its strategy on telecom while straddling diverse fields of businessIt all began as a Small Industry Bharti Tele-Ventures is today acknowledged as one of India's finest companies, and its flagship brand 'Airtel', has over 12 millioncustomers across India Recently, Bharti has successfully launched an international venture with EL Rothschild Group owned ELRO Holdings India Ltd., to export fresh Agri- products exclusively to markets in Europe and USA 26. Success Story of DR.REDDYS Dr.Reddys Laboratories was founded in 1984, with a capital of US$40,000 in cash and US $120,000 in bank loanIn fact, it is this spirit of entrepreneurship that has shaped the company to become what it is today Today, the company with revenues of US $446 m, in fiscal year 2005, is Indias second largest pharmaceutical company and the youngest among its peer group Dr. Reddys started its drug discovery programme in 1993 and within three years it achieved its first breakthrough by out licensing an anti-diabetes molecule to Novo Nordisk in March 1997With this very small but significant step, the Indian industry went through a paradigm shift in its image from being known as just copycats to innovators!Through its success, Dr. Reddys pioneered drug discovery in India Today, the company manufactures and markets API (Bulk Actives), Finished Dosages and Biologics in over 100 countries worldwide, in addition to having a very promising Drug Discovery Pipeline 27.

• • • • INTERNATIONAL SUCCESS STORIES

28. MNCs leveraging the India Advantage 29. * FDI INFLOWS TO INDIA 30.

More than100 global companiesoutsource R&D facilities from India

GE John F Welch Technology Centre Companys largest research outfit outside the USA

Monsanto First non-US research facility

Eli Lilly largest research facility in Asia and 3 rdlargest in the world

Texas Instruments Digital Signal Processor developed in India controls 50% of the world market

AVL, Austria India as base to do R&D for the companys Japan centre

International Brands Utilizing The Indian Knowledge Base 31.

Beiersdorf

Problems at beginning:

• • • • Existence of rival company (Nivea) in the market (personal hygiene market)

Reason for success :

• • • • Relative name recognition

• • • • Adaptable Indian staff

• • • • Suppliers who are willing to cooperate

• • • • Immense support in form of technology and know-how transfer from side of Germans

• • • • Great market potential

What is important for business-collaboration with India?

• • • • Patience and endurance

• • • • Local manager who knows mother company

• • • • Collection of experience through business connections

Case Study of SelectedCompanies in India 32.

Why India?

• • • • Great resources of highly qualified scientists as staff

• • • • Availability of human capital with low labor costs

• • • • Internationality:

• • • • English language and understanding of European culture(due to British history, existence of numerous institutions, administrations, school etc)

• • • • Economic Policy

Case Study of SelectedCompanies in India 33. Quite simply, I was blown away by what I saw on my first trip to India Stephen Roach , Managing Director & Global Chief Economist, Morgan Stanley 2008 India's highly educated workforce, management talent, rule of law, transparency, cultural affinity and regulator environment are more favorable than China's. A T Kearney,FDI Index 2008 " We want to bring to the world various facets of this extraordinary country, its people and progress " C hris Cramer,International Managing Director, CNN 2008 "India has the potential to deliver the fastest growth over the next 50 years with an average rate of more than 5 per cent a year for the entire period D ominic Wilson,Senior Global Economist and Vice President, Goldman Sachs 2005 India A Preferred Destination 34.

• • • • INDIA ADVANTAGE

35. Trained manpower and knowledge base Rich biodiversity Excellent networkof research laboratories Well-developedbase industries Pro activepolicy framework Proficiency inEnglish Low manpowercosts The India Advantage 36. Demographics: A strong demand driver 37. Source: IMD Competitiveness Yearbook 2003 Source: UN, Morgan Stanley Growing Knowledge Pool 38. Costs for offshore work30 - 50 % lower than in USA / Europe The Cost Advantage 39. Low Wages 40.

• • • • 10th largest economy in the world - 4th in terms of PPP

• • • • Will overtake Japan in PPP terms by 2010, to be 3 rdlargest in the world

• • • • Large entrepreneurial base and diversified manufacturing structure

• • • • Large reservoir of skilled labour at internationally competitive cost

• • • • Vast pool of scientifically and technically qualified manpower of 20m

• • • • A large domestic market - 300 m + strong middle class population

• • • • having substantial purchasing power

• • • • Largest democratic set - up

• • • • A broad based and transparent legal framework including arbitration

India -EconomicEnablers 41.

• • • • Vast network of bank branches, financial institutions and well-organized

• • • • capital and money markets

• • • • A network of technical and management institutes of highest

• • • • international standards for development of human resources

• • • • India has a record of meeting its international financial obligations as

• • • • per schedule and has never been a defaulter

• • • • No communication barrier, as English is the most prevalent business

• • • • language

• • • • Strong and vibrant small scale sector that is keen to establish

• • • • strategic alliances with their foreign counterparts

India -EconomicEnablers 42.

• • • • Supportive infrastructure base

• • • • Strategic location for third country markets, particularly in the rapidly

• • • • growing south and south-east Asian countries

• • • • The strategic location of India and its easy and efficient access to theM iddleE ast,E ast European countries, CIS countries, Africa,S outhE ast Asia and Asia-Pacific countries places it in a unique position as a sourcing ground for entering into strategic alliances in export-oriented industries

• • • • Foreign companies can take advantage of Indias strategic location and tap the markets of these countries.

• • • • India is slowly but surely emerging as an attractive destination for foreign investment

• • • • Liberali z ed industrial and foreign investment policies

India -EconomicEnablers 43.

• • • • Recognising the need and the potential in certain areas, the Government has also come out with specialised packages of incentives for setting up projects in the fields of power, roads and highways, telecommunications, mining, drugs and pharmaceuticals,hydrocarbons, shipping and ports, tourism, electronics, food processing, etc

• • • • The Government is vigorously promoting and approving foreign direct investment keeping in view the objective of attracting at least US $10b per annum

• • • • The Government is very keen to attract sizeable foreign investment into infrastructural projects like roads, power, ports, telecommunications, etc. as the demand for infrastructural services is expected to rise several times to match the projected economic growth of around 8 % per annum in the next ten years

India -EconomicEnablers 44.

Sector FDI Limits

• • Defenceup to26 %

• • Telecomup to74 %

• • Civil Aviationup to49 %

• • Real estate & construction sectorup to100 %

• • Integrated township developmentup to100 %

• • Tea plantationup to100 %

India -EconomicEnablers 45.

• • • Road length 2.5 m km

• • • Second largest road network in the world

• • • Railway routes 63,000 km

• • • Cargo handled298 m tonnes

• • • Electricity installed capacity 126,000 MW

• • • Sixth in world electricity generation

• • • Telephone Connections 77 m lines

• • • Fixed lines (Dec, 2008) 44.76 m

Source: Department of Economics & Statistics,Tata Services Ltd The India Advantage: Infrastructure 46. Indian Brains Abroad

• • • • Though foreign multinational have dominated the research agenda in India

• • • • to date, a growing number of Indians who have worked abroad are

• • • • returning home with cash, contacts and confidence to set up companies

• • • • of their own

• • • • These are people who have the experience and exposure to bestpractices

• • • • abroad

• • • • For the first time, Indians who have been exposed to the world, realize they

• • • • can do something just as good and they can be world-class

• • • • They have an attitude to meet challenges and succeed and also give back

• • • • something to their country

• • • • 35 % of Doctors in USA

• • • • 36 % of NASA Scientists in USA

• • • • 35 % of Silicon Valley Start-Ups are by Indians

• • • • India emerging as outsourcing hub

47.

• • • • BUSINESS OPPORTUNITIES

48. Opportunity in various Industry Sectors

• • • • Software

• • • • Biotechnology

• • • • Outsourcing

• • • • Retailing

• • • • Real Estate

• • • • Auto Components

• • • • Telecommunication

• • • • Media & Entertainment

49.

• • • • The Software industry in India is witnessing an explosive growth and expects

• • • • to generate US $ 87 b including US $ 50 b from exports by 2008

• • • • More than 150 global business giants have set up research and development

• • • • facilities in India

Some of these firms are GE, Microsoft, TI, HP, IBM, Daimler Chrysler and

Motorola

• • • • Bangalore has over 150,000 software engineers and a concentration of

• • • • hi-tech companies

• • • • Delhi and NCR is the 3 rdlargest exporter of Software services from India

• • • • More than 100,000 software professionals enter the Indian market each year

Opportunities in Software 50. Opportunities in Software The China Connection

• • • • China has a worker base equal to India's in terms of cost, quality

• • • • and scale

• • • • In future, the Indian software Industry will use China as a base to

• • • • cater to the local markets including Japan

• • • • Indian firms such as HCL, TCS, Infosys and Wipro have already

• • • • opened centers in China to outsourcetechnology talent

51. Opportunities in Telecommunication

Until 2003, during the more than forty years of government monopoly, there

were 11.4 m telephone connections

There are 46.2 m fixed line subscribers and 52.2 m mobile phones

The mobile phone market is growing at 3.7m per month

Estimated rise in Cellular by 100 m subscribers by2010

Basic telephone connections 175 m by 2010

100 % FDI in telecom equipment manufacturing

Almost 2 m wireless subscribers getting added every month

Unlike many developed countries, the GSM and CDMA technologies co - exist

The outsourcing boom would not have occurred without the private telecom

sector

52.

• • • • The Indian media and entertainment industry, with the prominent

• • • • segments being films, television, and music has grown in recent times

• • • • The entertainment industry is currently generatingrevenue of US $ 7.2b

• • • • The average growth budget for films has been increasing by 15 % p.a

• • • • Another high growth segment of the entertainment industry is television

• • • • broadcasting

• • • • The present size of this segment is estimated to be US $ 1b

• • • • The penetration of cable TV,in the rural segment is expected to

• • • • grow by 12 % pa

• • • • The music industry in India is expected grow at 20 % pa

• • • • FM radio broadcasting has been privatized

Opportunities in Media & Entertainment 53. Opportunities in Biotechnology

• • • • Biotechnology is a fast emerging sector in India

• • • • The consumption of biotech products in India was US $ 1.8 b

• • • • in 1999 and is expected to cross US $ 4.2 b by 2010

• • • • It is estimated that 10 % of the researchers and 15% of the

• • • • scientists in pharmaceuticals and biotech R&D in USA are of

• • • • Indian origin

• • • • India is churning out 2 m graduates, 300,000 post

• • • • graduates and 1,500 PhD's, every year

• • • • Biocon, the first biotech company was launched in 1978

• • • • Indian Firms such as Shantha Biotech, Bharat Biotech,

• • • • Dr. Reddy's Lab and Biocon are all very successful firms

54. 2002- 03 2010 25 % growth in investment 70 % growth in employment 74 % growth in R&Dmanpower 10 % of global industry 1 m skilled jobs US $ 5 b annual revenues Source: Confederation of Indian Industry (CII) Size 2003 - 04 US $ 705 m Biotech Market - A consistent Uptrend 55. Volume wise 8 % of global market 4 thlargest in the world CAGR (2004 - 2009) 21.6 % Exports27.3 % CAGR(2004 - 2009) Size (2008- 09) US$ 13 b Share of formulations 80 % Size 2010 (estimated) US$ 25 b Pharma Market 56. Opportunities in Real Estate

• • • • The US $ 50 b Indian real estate market is booming and expected to grow at

• • • • 25 per cent annually

• • • • The boom owing to the consumption powered growth of the country's

economy has seen investors planning nearly 250 new shopping malls

by2008, as against just three that existed till 2002

• • • • The central government adopted a regulation in2005 allowing

• • • • foreigners to bid for Indian construction projects with local partners

• • • • and also reducing their minimum land - holding limit from 100 acres to

• • • • 25 acres

• • • • Enthused by the liberalized investment guidelines, a slew of foreign

• • • • builders are rushing to launch projects in Asia's third largest economy

• • • • Expected annual shortfall of 20 m housing units by 2011

• • • • Mumbai alone would need more than 180,000 housing units

• • • • An opportunity for developing large- scale commercial and residential

• • • • townships in six cities Kolkata, Bangalore, Mumbai, Chennai, Hyderabad

• • • • and New Delhi

57. Opportunities in Auto Components The Indian automotive industry has grown at a staggering pace over the last few yearsThe US$ 6.8 b industry has registered a CAGR of 17 % between 1998 - 2003 and is projected by ACMA to grow at a 15 % CAGR till fiscal 2012 The opening up of the sector over the last decade has caught the attention of global auto majorsIn the 1990s, economic liberalization allowed foreign automakers such as Hyundai, Ford, Toyota and GM set up base in India They also persuaded their overseas components suppliers to set up local manufacturing bases in India For example, Delphi followed General Motors and opened their plant in the state of Gujarat in 1995 and Visteon followed Ford in 1998 58. Opportunities in Auto Components

• • • • Present Industry sizeUS $ 9.2b

• • • • By 2012 US $ 17b

• • • • Total Exports By 2010 US $ 7-8b

• • • • Key Features

• • • • - Suitability as a low cost manufacturing base for MNCs

• • • • -Costs 20 - 30 % lower, compared to USA

• • • • - High product quality, superior design & engineering

• • • • capabilities

*Source: ACMA 59.

• • • • The Indian Outsourcing industry is moving up the value chain

• • • • It is BPO today but the future is for Knowledge Process Outsourcing

• • • • (KPO), Financial Process Outsourcing (FPO)and Legal Process

• • • • Outsourcing (LPO)

• • • • It is providing value through domain expertise rather than process

• • • • expertise

• • • • India, in the new knowledge economy,is all set to emerge as a global

• • • • KPO,FPO and the LPOhub

• • • • It is estimated to capture 71 % of the world market by 2010 against

• • • • 56 % today giving it a market of US $12 b

• • • • There are new opportunities, given that there is a serious shortage of

• • • • quality teachers, in the USA

Opportunities in Outsourcing 60.

• • • • The remote education market is expected to be US $ 15 b by 2008

• • • • The current leaders are Engineering design US $ 400 m, basic

• • • • data search, integration and management US $300 m and Biotech and

• • • • Pharma US $ 280 m

• • • • The Compounded estimated annual growth of KPO for India is 50 %

• • • • whereas BPO will grow at about 30 %

• • • • KPO is expected to engage 250,000 people by 2010

• • • • It will be in areas such as biotechnology,animation and graphics,design

• • • • in aerospace & automotive, health care, pharma research, learning

• • • • solutions, datamanagement, customer analyticsand entertainment

• • • • FPO will include insurance underwriting, risk assessment, equity

• • • • research and corporate market research

Opportunities in Outsourcing 61.

The ongoing buoyancy in Indias spending, arising from the changing demographics and the resultant rise in income levels, has resulted in a distinct consumer preference for value-added products across the retail spectrum, providing a platform for the rapid growth of the retailing sector which could emerge as one of the fastest growing sector in coming years

• Organized retailing industry to rise from US $ 4b to US $ 15b by 2010

• The total retailing industry, estimated at US $ 200b is largely in the unorganized sector with organized retailing accounting for less than 2 % (US $ 4b)

• The organized retailing segment to grow fourfold in 5 years

• According to NCAER, the Indian middle class (household income betweenUS $ 4,500 23,000) currently at92m,is expected to cross 153m by 2010

• Substantial mall construction:

• The number of malls is expected to rise from the current 40 to around 250 by 2010

• Close to 50m sq. ft. of retail space is expected to be developed over the next 5 years

Opportunities in Retail Sector 62.

• • • • WINNING ATTITUDE

63.

Differentiating themselves through the products and services they provide

Standing out by creating special interfaces with their customers and building

unique ways by which they can be held accountable by them

Building a very strong quality story

Benchmarking innovations against well set, globally accepted standards and

aim for targets, creating an environment and culture of innovation within the

organization

Developing systems to nurture innovation making full use of the availability of

information and by rightful dissemination of knowledge to foster goal driven

innovation

Building efficient processes to cut time - to- market

Providing opportunities to their people to do roles that go beyond their

existing work profiles

Providing continuing education

It IsAll About Attitude - Management 64.

Need to tone up their skills

More adaptive thinking

Greater entrepreneurial drive to find new horizons of growth with a competitive

spirit

Foresight with a fierce unrelenting passion to execute and act today to improve the

future

Bring change more aggressively and lead the organization to implement

sustainable changes

Energizing their team and inspiring them for excellent team performance

Delegating authority to allow people to perform

It IsAll About Attitude Business Person 65.

Ability to reach out to a wide international network for ideas and problem

solving

Understanding on how things get decided and done

Using customized strategies to influence specific stakeholders

Executive maturity andemotional wisdom to respond to others and

embody the aspirations of ones organization

Inner strength to do the right thing at the right time

Courageous dedication to super ordinate goals, doing what is right and

what will make India great

To keep learning and be abreast of new technology

It IsAll About Attitude Business Person 66. THANK YOU