Manitoba in India

Bonnie de MoissacJune 14, 2011

28 years of high growth

1.0

3.5

6.0

8.9

Average annual GDP growth

0

2

4

6

8

10

1900-1950 1950-1980 1980-2002 2002-2010

(%)

Population growth is slowing

Sources: 1900-1990: Angus Maddison (1995), Monitoring the World Economy, 1990-2000:Census of India (2001)

1.0

2.22.1

1.8

1.5

0

0.5

1.0

1.5

2.0

2.5

1901-1950 1951-1980 1981-1990 1991-2000 2001-2010

(%)

Literacy rate is rising

Source: Census of India (2001)

17

52

65

80

0

20

40

60

80

100

1950 1990 2000 2010

(%)

When middle class is 50%, many changes will occur . . . .

Source: The Consuming Class, National Council of Applied Economic Research, 2010

65

220

368

8%

22% 32%

0

100

200

300

400

1980 2000 2010

(m)

Poverty is declining

46

26

16

1% of the people have been crossing poverty line each year for 25

years

Equals ~ 200m

0

10

20

30

40

50

1980 2000 2010

(%)

Per capita income gains

Source: World Bank

US$ ppp

200520053,0513,051

19801980

1,1781,178

GLOBAL NETWORK

JAGAT SHAH, MANITOBA REP IN INDIA

International trade consulting firm

Offices in 11 Indian cities North : Delhi, Chandigarh South : Bangalore, Hyderabad, Kochi, Alappuzha West : Mumbai, Ahmedabad, Rajkot, Surat East : Chennai

Excellent Export Prospects for Manitoba companies

• Airport and Ground Handling Equipment

• Computers and Peripherals

• Education Services

• Electric Power Generation, Distribution and Transmission Equipment

• Food Processing & Cold Storage Equipment

• Machine Tools

• Medical Equipment

• Civil Nuclear Energy

• Mining and Mineral Processing Equipment

• Resource Extraction Machinery

• Renewable Energy

• Safety and Security Equipment

• Telecommunications Equipment

• Fabrication Machinery

• Water Treatment

Advantages of JV with an Indian Company Versus setting up your own company in India

Joint Venture

Complements respective strengths

Allows the companies to enter new geographical or technical areas

Access combined resources which is high on quality and quantity

Easier market access & govt liason

Less manpower challenges

Better cultural understanding

Onus of success on Indian JV partner

Low risk, Taxation ease

Setting Up Own Company

Depend on one company’s strengths

Do not have the experience and the bandwidth to venture into new areas

Only own resources

Market access & govt. liason challenges.

HR demands divert market focus

Cultural challenges

Onus of success on local staff

High risk, Taxation challenges

How We Can Help:

Commercialization Support for Business

Program

What is it?

• The Program provides financial assistance to cost share arms-length third party expenses up to a maximum of 50%

• Multi staged financial assistance program that targets Manitoba entrepreneurs and small to medium sized enterprises that are seeking to:– start-up.– expand or modernize their business through innovation and

commercialization. – access to new markets.

Program Benefits

• Broader support for full range of commercialization activities.

• Staged assistance offers more flexible funding levels

• One program that serves all sectors from agriculture to new media to manufacturing.

• Support at each level of the business life cycle

• Greater access to business development information and support through joint departmental delivery that utilizes an enhanced single-window approach

Program Stages

• Concept Development (up to $25,000)

• Product Development (up to $40,000)

• Product Commercialization (up to $200,000, software development up to $20,000)

• Market Development (up to $30,000)

• Certification Assistance (up to $15,000)

• Intellectual Property (up to $25,000)

Program Delivery

• Commercialization Support for Business Program information is available through GoM service centres– Manitoba Business Gateways– GO Centres– Canada/Manitoba Service Centres

• Application forms available online at:– http://www.gov.mb.ca/business– http://www.gov.mb.ca/ctt/busdev/financial/csb/

UPCOMING EVENTS

5TH Renewable Energy India Delhi Aug 10-12, 2011

ICT Breakfast Seminar Wpg Sept. 15, 2011

Cnd Mfg Technology Show Toronto Oct. 17-20, 2011

International Fair Delhi Nov. 14, 2011

Life Sciences Video Seminar Wpg Oct. 4, 2011

THANK YOU FOR YOUR INTEREST IN INDIA !