Indian Economy salient featuresA Geographic Idea of India All generalisations about India are false, including this one! This slide is mainly for our friends from abroad. 1747.bin Strengths sustained growth at 6.4 for over a decade (but recent slowdown) strong export potential, current a/c deficit low healthy forex reserves low external debt low inflation regime Weaknesses fiscal situation of states worse inadequate infrastructure, huge funding need unsatisfactory investment climate dependence on oil imports, monsoons slowing of reforms, coalition compulsions social indicators below world average This is a quick snapshot, non-quantitative summary. Important to contrast with Latin Americal, East Asian and E. European countries. TUG2002 September 2002 PPP GDP about US $2 trillion, fourth highest in the world TUG2002 September 2002 2000-01 53.3 24.8 21.9 1990-91 Services 43.7 Agriculture 30.9 Industry 25.4 Leapfrogging directly to information age? Shrinking industrial sector is a worry TUG2002 September 2002 accounts for about 2% of India’s GDP. In FY01, its share was 1.5% of the global market ($387 bn). In FY02, the size of the industry was Rs. 485 bn of which exports accounted for 76% and domestic software 24%. India exports software to 102 countries. An unexpected bonus of highly subsidised tech education? Indian Software Industry Mr. Narayanmurthy of Infosys wants to get to 10% of GDP. “Islands of competitiveness” theory. Nyt story from 1994 of growing exports from India. TUG2002 September 2002 FY02 (in Rs. Bn): Dom. Market 18% 40% of all income tax to be paid by software professionals! Chart1 FY95 FY95 FY96 FY96 FY97 FY97 FY98 FY98 FY99 FY99 FY00 FY00 FY01 FY01 Exports Domestic Total FY95 15.35 9.36 24.71 FY96 25.2 16.66 41.86 69.4050991501 FY97 39 26.28 65.28 55.9483994267 FY98 65.3 46.47 111.77 71.2162990196 FY99 109.4 61.82 171.22 53.1895857565 FY00 171.5 71.38 242.88 41.8525873146 FY01 283.5 98.91 382.41 57.4481225296 38.5682263939 Exports (in Rs.bn) FY95 15.35 1.9 0 FY96 25.2 2.4 64.1693811075 FY97 39 3.3 54.7619047619 FY98 65.3 5 67.4358974359 FY99 109.4 7.8 67.5344563553 FY00 171.5 10.8 56.7641681901 FY01 283.5 14 65.306122449 Sheet1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 &A Sheet2 in Rs.bn Top 25 IT software and services exporters from India Top Ten Software Companies NASSCOM's Rating as per Exporters from India for FY02 (in Rs.bn) Rank Company 7.64 6 764 6 In FY02, showed 70% growth (Rs. 70 bn) Employs over 1,00,000 people Will account for 40% of all venture capital investment by end of 2002 TUG2002 September 2002 13-15 8-11 21-24 28-30 TeX would fit into ITES. Window wide open, unlike CAD work. Right now high billing (maybe) but low volumes. TUG2002 September 2002 TeX in India Possibly the biggest TUG (?) All 13 Indic scripts can be typeset in TeX (but only 10 of 5000 fonts free) an estimated 8000 people work diectly on TeX for their livelihood Research and font development work almost totally done outside India in the past only one widely used TeX package done in India (pdfscreen) TUG2002 September 2002 Elsevier share about 40% total exports from Indian vendors for publishing as a whole is US$ 100m, doubled in 3 years Scientific publishing much smaller part Training is a main bottleneck TeX may be loosing to newer technologies TUG2002 September 2002 Universities, research institutes TechBooks 180 m readers, Kerala 70%, Bihar 15% average exposure only 16 minutes to media Dainik Bhasker, Jagran now largest dailies readership of dailies growth faster than literacy growth during 1999-2002 48% readership in 6 lakh villages TUG2002 September 2002 Outlook for Readership growing literacy, edu institutions, and purchasing power 248 m adults are literate but do not read any publication. FY03 may see a 20-25% sales growth in publishing TUG2002 September 2002 Increasing marketshare in publishing, higher billing rates and volumes Catering to domestic publishing demand technical documents in Indian languages standardised encoding for all Indic scripts Prof. Vidysagars’s vision - right-click on a ps file to transliterate in any Indian font Open Type fonts for all Indic scripts TeX development from India Marriage of Unix/Linux localisation with TeX, also merge into Indic-computing effort same language subtitling e-books, simputer, text-to-speech leveraging open-source (a la sunshine and solar devices) TeX in India: Looking Ahead (contd) 0 50 100 150 200 250 300 350 400 450 500 FY95FY96FY97FY98FY99FY00FY01 WPI - Inflation