Friday, May 25, 2018

MSME Parks in Every Assembly Constituency in Andhra Pradesh




https://economictimes.indiatimes.com/small-biz/sme-sector/ap-government-plans-msme-parks-in-every-assembly-segment/articleshow/64253688.cms


The idea is to have one M-Park with an investment of Rs 225 crore to create 1,500 jobs in each of the 175 Assembly constituencies.

The newly-created AP MSME Development Corporation will oversee the process.

200 parks will be set up by 2023 and will have  30,000 MSMEs with an employment potential for three lakh people. The total investment amount will be  Rs 45,000 crore.


http://apedb.gov.in/enterprises-sector.html

https://www.apindustries.gov.in/VCIC/Data/PolicyDocuments/MSME_Policy_2015_20_Booklet_Final_July_08_2015.pdf 

http://www.thehansindia.com/posts/index/Business/2018-02-26/Micro-small-and-medium-enterprises-feel-neglected-in-AP/361625


Thursday, May 24, 2018

2018 - Narendra Modi - BJP Government after 4 Years - Performance Report and Analysis



Narendra Modi Government is confident about its governance record. While everything may not be right as per manifesto and expectation, there are many areas and programmes about which the government is feeling good and satisfied. They have put together all the positive aspects before the Indian Citizens through a dedicated microsite.

Narendra Modi Government - Performance Dashboard Transformation of  India in 48 Months 


https://48months.mygov.in/


Public, other political parties,  political and economic thinkers, and media analysts now has the opportunity to take every claim and analyze it.


Time Mega Poll - 23 to 25 May 2018  - 71.9% for Narendra Modi as PM again


71.9% say they want Narendra Modi as PM again in 2019 Elections.
https://timesofindia.indiatimes.com/india/mega-times-group-poll-71-9-of-indians-say-they-will-vote-for-narendra-modi-as-pm-again-in-2019/articleshow/64324490.cms

More news items and views to be added.


How Indian economy has fared under Modi government and where it’s headed
Team Mint Money spoke to experts on the macro numbers in the last four years of the Narendra Modi government and how they affected individual investors
Thu, May 24 2018.
https://www.livemint.com/Money/RQzAZHtFzG2Pdp95zdVKoM/How-Indian-economy-has-fared-under-Modi-government-and-where.html


Updated 2018 - 26 May,  24 May 

Wednesday, May 23, 2018

100 Smart Cities Project of India - Plans and Programmes



World Developments - Smart Cities

What is a Smart City


2015 Video
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uploaded by Vinci Energies


Watch Hangouts Organized by World Smart City Partnership Organization


https://www.worldsmartcity.org/hangouts/

2018 Hangout - Internet of Outdoor Things


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Uploaded by World Smart City

Know About World Smart Cities


http://www.worldsmartcity.org/  16 July 2016 World Smartcity Forum

Four Main Themes of the Forum
Transportation/Mobility for smart cities  http://www.worldsmartcity.org/category/mobility/
Water for smart cities  http://www.worldsmartcity.org/category/water/
Energy for smart cities
Cybersecurity and privacy for smart cities

World's Smart Cities: San Diego

http://www.forbes.com/sites/peterhigh/2015/03/09/the-top-five-smart-cities-in-the-world/#657b21735a0e

Top 10 Smart Cities - 2014 - IESE Rankings  http://www.ieseinsight.com/doc.aspx?id=1582



India Development - Smart Cities

About Each Smart City in India

Kakinada

2017

Smart Cities Guidelines

http://smartcities.gov.in/content/innerpage/guidelines.php


http://moud.gov.in/cms/smart-cities.php


https://www.thescif.in/


Pune Smart City - Interesting Lighting Project

Savings commitment of 51%
https://punesmartcity.in/project/smart-street-lighting/


Tata's Concept for Smart Public Transport in Smart Cities

http://www.digit.in/car-tech/this-is-tatas-vision-of-converting-indian-metros-into-smart-cities-33505.html


2016


13 new smart cities announced by govt

24 May 2016

Lucknow, New Town in Kolkata, Bhagalpur,  Dharamsala, Chandigarh, Faridabad, Raipur, Ranchi, Warangal, Agartala, Imphal, Port Blair and Panaji

http://www.msn.com/en-in/news/newsindia/lucknow-chandigarh-agartala-among-13-new-smart-cities-announced-by-govt/ar-BBtor0N?

Smart cities - Critical voices
http://www.theguardian.com/cities/2014/dec/17/truth-smart-city-destroy-democracy-urban-thinkers-buzzphrase

28 Jan 2016

First batch of 20 smart cities today.

Bhubaneswar, NDMC Delhi,
Pune, Jaipur, Surat, Kochi, Ahmedabad, Jabalpur, Visakhapatnam, Solapur, Davanagere, Indore, Coimbatore, Kakinada, Belagavi, Udaipur, Guwahati, Chennai, Ludhiana and Bhopal


September 2015

98 cities were identified for 100 Smart Cities Project. Uttar Pradesh and Jammu & Kashmir have to pick up one each soon to touch 100 cities mark.
         
The announcement of future smart cities list is raising hope.  Development, especially roads and highways, would have a multiplier effect and boost rural jobs. Experts say the infrastructure is the backbone of the smart city mission which is all set to get boost due to these developments.
       

            The list of cities includes Varanasi, Allahabad, Lucknow, Ghaziabad, Bareilly and Agra from Uttar Pradesh, Tiruchirapalli, Thanjavur, Salem, Vellore, Chennai, Coimbatore and Madurai from Tamil Nadu, Nashik, Thane, Solapur, Nagpur, Navi Mumbai, Aurangabad and Pune from Maharashtra, and Bhopal, Indore, Jabalpur, Gwalior and Ujjain from Madhya Pradesh. It also encompasses Ahmedabad, Gandhinagar and Baroda in Gujarat, and Bhagalpur and Muzaffarpur in Bihar.

            Uttar Pradesh and Tamil Nadu have the maximum number of 12 cities under the list followed by Maharashtra with 10, Madhya Pradesh with seven, Karnataka and Gujarat with six each, Rajasthan with four, Andhra Pradesh, Bihar and Punjab with three each. Of those chosen for the project, 24 are capital cities, as many business hubs and 18 cultural centers.

             Eight smart cities nominees have a population of one lakh and below, while 35 cities and towns between one to five lakh. There are 21 cities, with a population ranging between five to 10 lakh, 28 cities above 10 lakh and below 25 lakh. A set of five cities are in the population range of 25 to50 lakh.

            Four cities- Chennai, Greater Hyderabad, Ahmedabad and Greater Mumbai-have population of above 50 lakh. Population statistics suggest that 64 towns and cities are in the category of small to medium, while the remaining 34 are large ones.

            The Government will release Rs 2 crore for each of the 98 cities for preparation of smart city plans. The region-wise panels of reputed agencies for assisting smart cities aspirants for preparation of smart city plans have been formed by the urban ministry. In the second stage of the city challenge competition, all smart city plans received by the Urban Development ministry will be evaluated, based on a set of six broad criteria. The top scoring 20 cities in the first round of competition in the second stage will be chosen for financing during this financial year. The remaining will be asked to address the deficiencies identified before participating in the second and the third rounds of competition. Forty cities each will be identified for financing during the second and third rounds.

            The Central government proposes to give financial support to Mission to the extent of Rs 48,000 crore over five years. The chosen smart city will be given Rs 100 crore per city per year over the next five years. Accordingly, the Central government has made a provision of Rs 48000 crore for the next five years for the smart cities mission. The States/UTs and Urban local bodies have to make an equal matching contribution. This in effect means that Central and state governments and ULBs will invest about Rs 1 lakh crore over the next five years for making 100 chosen cities smart.

            Smart city plans will be implemented by a special purpose vehicle to be set up for each identified city to enable a focused effort for effective implementation.
                   
            Urban population, according to 2011 census, was about 37 crore accounting for 31 per cent of total population. The cities also generate 63% of the nation’s economic activity. These numbers are rapidly increasing, with almost half of India’s population projected to live in its cities by 2030.

 AMRUT Project        

            A statutory town is one that has a municipal body. There are 4,041 statutory cities/ town as per 2011 records. Out of these, about 500 cities with a population of above one lakh each, are focus of AMRUT. These 500 cities account for 73 per cent of India’s urban population. Number of cities that can be nominated for AMRUT so far are like this : A&N ( 1), Andhra Pradesh (31), Arunachal Pradesh (1 ),  Assam(7), Delhi( 1), Karnataka( 27), Kerala( 18), Uttar Pradesh (54), WB (28) Maharashtra ( 37), Bihar ( 27), Jharkhand(11) etc.

             AMRUT, entailing an investment of Rs50,000 crore, envisages proper infrastructure services relating to water supply, sewerage, seepage management, storm water drains, transport and development of green spaces and parks with special plans of meeting needs of children.      
         
            A reform matrix with timelines will be circulated to states in the guidelines.  JNNURM projects relating to the urban development sanctioned during 2005-2012 and achieved physical progress of fifty per cent availing 50 per cent central assistance released and those sanctioned during 2012-2014 will be supported till March 2017. Accordingly, 102 and 296 projects will get central support for balance funding to complete these projects.

More information
http://pib.nic.in/newsite/efeatures.aspx?relid=126563

         

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India - Smart City - Concept




A Smart City to be developed as a well planned city is a sustainable business and residential area of 2 to 10 lakh population.

For  its sustainability, a smart city needs to offer economic activities and employment opportunities
to a wide section of its residents, regardless of their level of education, skills or income levels. In planning a smart city, planners  need to identify  comparative or unique advantage and core competence in specific areas of economic activities and  have to develop the required institutional, physical, social and economic infrastructures for it and promote those features and their benefits to
attract investors and professionals to take up those economic activities. It also needs to support
the required skill development for such activities in a big way. This would help a Smart
City in developing the required environment for creation of economic activities and
employment opportunities.

Apart from employment, it is also important for a Smart City to offer decent living options to every resident. This would mean that it will have to provide a very high quality of life (comparable with any developed European City) i.e. good quality but affordable housing, cost efficient physical, social and institutional infrastructure such as adequate and quality water supply, sanitation, 24 x 7 electric supply, clean air, quality education, cost efficient health care, dependable security, entertainment, sports, robust and high speed interconnectivity, fast & efficient urban mobility etc.

Smart Cities have to attract investments and experts & professionals. Good quality infrastructure, simple and transparent online business and public services processes that make it easy to practice one’s profession or to establish an enterprise and run it efficiently without any bureaucratic hassles are essential features of a citizen centric and investor-friendly smart city. Adequate availability of the required skills in the labour force is a necessary requirement for sustainability of a Smart City. Entrepreneurs, themselves, look for a decent living and so they also look for smart housing, high level of healthcare, entertainment and quality education. Safety and security is a basic need for them as to any other resident. A city that is considered unsafe is not attractive. Besides an entrepreneur or a professional needs to be there as someone who helps a city to prosper and adds value to it rather than
someone who only benefits from it.


Smart City will have:

 Competitiveness: It refers to a city’s ability to create employment opportunities, attract investments, experts, professionals and people. The ease of being able to do business and the quality of life it offers determines its competitiveness.
 Sustainability: It includes social sustainability, environmental sustainability and financial sustainability.
 Quality of Life: It includes safety and security, inclusiveness, entertainment, ease of seeking and obtaining public services, cost efficient healthcare, quality education, transparency, accountability and opportunities for participation in governance.



Pillars of a Smart City

 Institutional Infrastructure (including Governance), Physical Infrastructure, Social Infrastructure and Economic Infrastructure constitute the four pillars on which a city rests. The centre of attention for each of these pillars is the citizen. In other words a Smart City works towards ensuring the best
for its entire people, regardless of social status, age, income levels, gender, etc.

 Institutional Infrastructure refers to the activities that relate to governance,
planning and management of a city. The new technology (ICT) has provided a new
dimension to this system making it citizen-centric, efficient, accountable and
transparent. It includes the participatory systems of governance, e-governance,
inclusive governance, the sense of safety and security and the opportunities for
creativity.

 Physical Infrastructure refers to its stock of cost-efficient and intelligent
physical infrastructure such as the urban mobility system, the housing stock, the
energy system, the water supply system, sewerage system, sanitation facilities,
solid waste management system, drainage system, etc. which are all integrated
through the use of technology.

 Social Infrastructure relate to those components that work towards developing
the human and social capital, such as the education, healthcare, entertainment, etc.
It also includes performance and creative arts, sports, the open spaces, children’s
parks and gardens.

These together determine the quality of life of citizens in a city. It is also
necessary that city promotes inclusiveness and city has structures which
proactively bring disadvantageous sections i.e. SCs, STs, socially and financially
backwards, minorities, disabled and women into the mainstream of development.

 Economic Infrastructure
For a city to attract investments and to create the appropriate economic
infrastructurefor employment opportunities, it has to first identify its core
competence, comparative advantages and analyse its potential for generating
economic activities. Once that is done, the gaps in required economic
infrastructure can be determined. This would generally comprise the following:
 Incubation centres
 Skill Development Centres
 Industrial Parks and Export Processing Zones
 IT / BT Parks
 Trade centers
 Service Centres
 Financial Centers and Services
 Logistics hubs, warehousing and freight terminals
 Mentoring and Counselling services


Physical Infrastructure
Urban Mobility
Our existing  cities are witnessing rapid motorization. This has led to severe congestion,
deteriorating air quality, increasing incidence of road accidents and a rapidly increasing
energy bill. Walking and cycling have been rendered unsafe due to poor infrastructure and
public transport has been inadequate. Urban living is making having the personal motor vehicle essential. Public transport systems have been planned in isolation with the result that a well-integrated multi-modal system has not come up. This has resulted in high cost facilities not giving the outcomes that were sought.

Ease of being able to move from one place to another is at the core of a “Smart
City”. Seoul, Singapore, Yokohama and Barcelona (all considered Smart Cities) have a
sound transport system as the core of their “Smartness”. The smart transport system
emphasizes walking, cycling and public transport as the primary means for mobility with
personal motor vehicles being actively discouraged. In fact, smart cities lay considerable
emphasis on the walkability and cycling in the city. The pedestrian is given a place of
prominence as every trip has a leg that involves walking. However, smart city need to look
into the bottlenecks of road/rail networks also and wherever required underpasses,
elevated roads, additional rail networks need to be put in place urgently.

Cycling is one of the, most cost efficient and environmentally sustainable mode for
commuting in cities. Many cities across the world have given emphasis to it and developed
the required infrastructure for promoting cycling. Also programs like bicycle sharing such
as Velib in Paris can be promoted to decongest the CBDs.

If cities are to be efficient engines of economic growth, it is important that goods
are able to move from production centres to consumption centres at low cost and high
speed. Therefore, a good freight movement system acquires importance.
Hence, improved mobility will involve a three pronged approach whereby there are:
1. Improvements in public transport – Metro Rail, BRT, LRT, Monorail, Trams etc.
2. Improvements in infrastructure of other motor vehicles – ring roads, bypasses,
underpasses, elevated roads, improvements in the existing road ways
3. Improvements in infrastructure for walking, cycling and waterways


Reliable Utility Services
 Reliable, adequate and high quality Utility services are critical in a Smart City.
Whether it is electricity or telephony or ICT services, they need to be very reliable and
adequate. 24x7 services are necessary. For example, a minimum of 100 Mbps of internet
bandwidth and wide availability of Wi-Fi will be very important features. It should be the
right of every citizen to get these facilities on demand. Similarly, municipal services such
water supply, drainage, solid waste management need to be of very high quality and
available 24x7. Telephone services based on Direct-to-Home Fibre should be available for
every household. A Smart City cannot have only a few hours of water supply a day or
electricity that goes off for several hours or the streets littered with garbage. The
general appearance of the city has to be pleasing and clean. The main utilities that need
to ensured are the following:

Water Supply
Safe and adequate water supply is a public good as it has very large positive
externalities. Access to water supply is important for all the urban residents and lack of
safe water supply can keep the mortality rates high in general and among the poor in
particular. It has been estimated that access to water increases the productive working
hours of urban poor in general and the poor women in particular by 1.5 to 2 hours. Smart
cities should therefore have adequate availability of piped water supply that also meets
benchmarks of water quality, pressure, etc. across the city. Dual water supply systems
that serve the needs of drinking water and other needs would help in recycling water and
conserving it. Adoption of new methods especially smart metering for reducing loss and
energy consumption in water networks needs to be ensured. This is possible by installing
sensors in the supply system that measure water consumption, water levels, and water
flow rates on a real time basis. These models will help in not only identifying and localize
leaks, it would also assist to optimize energy consumption in the network. In addition,
smart water meters may be installed for measuring water consumption more efficiently
and providing water customers with data to help them monitor their water usage and
reduce costs.


Sanitation
Sanitation is important for all the urban residents. Lack of sanitation causes
outbreaks of epidemics, health disorders and keeps the mortality rates high in general
and among the poor in particular. It is well known that higher incidences of morbidity
pushes low income households below the poverty line. It is therefore essential that cities
should have a City Wide Sanitation Plan for all parts of the city. The Plan is expected to
be based on the concept of Decentralized Sewerage and Solid Waste Management
System. Also, each and every household should have a toilet so that no citizen needs to
defecate in the open. Further, all commercial and other public buildings should have clean
and hygienic toilets. There is a need for 100% recycling in the sanitation system. Idea is
that not even a drop of waste water should go out of the local area (one such example of
New Moti Bagh Township in New Delhi). Moreover, only treated water should get into
water body i.e. lake, pond, river etc.


Internet and Telephone
A 100 Mbps internet backbone coupled with 100% coverage of the area by cell
phone towers and a high level of telephone penetration will be essential in a Smart City as
most services will have to be offered online. Local service providers should also have
multiple service kiosks that can be accessed by people for evaluating public services and
accessing public information. Fibre Optic connectivity to each home, Wi-Fi in all public
places and educational institutions would be important features of a Smart City. This
would need a transparent and efficient system of providing Right of Way by Municipal
Authorities.

http://indiansmartcities.in/downloads/CONCEPT_NOTE_-3.12.2014__REVISED_AND_LATEST_.pdf


http://indiansmartcities.in/site/index.aspx

http://moud.gov.in/


Individual Smart City - Plans, Programmes and Achievements



Kakinada


http://kakinada.cdma.ap.gov.in/en/kakinada-smart-city

http://www.livemint.com/Politics/cMXZqsIvDHpFZMpCNN3uDM/Pensioners-paradise-Kakinada-coming-of-age.html


Updated 2018 - 24 May

 11 April 2017, 24 May 2016, 9 Feb 2016,  28 Jan 2016,   24 Sep,   5 May 2015








Tuesday, May 15, 2018

India - Aspirational Districts Programme




http://niti.gov.in/content/about-aspirational-districts-programme


Conference on Transformation of Aspirational Districts: Presentations on Jan 4-5, 2018
http://niti.gov.in/content/conference-transformation-aspirational-districts-presentations-jan-4-5-2018


Plenary Session: Evolving Strategies for Transforming Aspirational Districts
Date:   20th April, 2018         Time:  1130 – 1300 Webcast (link is external)

Venue: Plenary Hall, Vigyan Bhawan, New Delhi

Key Discussion Points

Discussion on evolving strategies for transforming Aspirational Districts focusing on key sectors such as agriculture, health, education ,skilling etc.
Web Cast of the session:  http://webcast.gov.in/darpg/session1.html
https://darpg.gov.in/plenary-session-evolving-strategies-transforming-aspirational-districts

The Aspirational Districts Programme is transformative
Till date, no other developing country has undertaken a data-driven programme of this massive scale to advance the holistic development of one-fifth of its population.
OPINION Apr 14, 2018 in Hindustan Times
https://www.hindustantimes.com/opinion/the-aspirational-districts-programme-is-transformative/story-zl34THWuh2sjpEnbVL7LwK.html

http://iasexamportal.com/civilservices/the-gist/yojana-transforming-indias-aspirational-districts--a-developmental-journey  Summary of article published in Yojana in March 2018


Press Information Bureau
Government of India
NITI Aayog
28-March-2018 16:17 IST
NITI Aayog releases Baseline Ranking of Aspirational Districts

'Champions of Change' Real-Time Monitoring Dashboard to go Live on 1 April;

Delta Ranking of Districts to be Available from May 2018



The NITI Aayog today launched the baseline ranking for the Aspirational Districts based on published data of 49 indicators (81 data points) across five developmental areas of Health and Nutrition, Education, Agriculture and Water Resources, Financial Inclusion and Skill Development, and Basic Infrastructure. The ranking was released by Shri Amitabh Kant, CEO of NITI Aayog.

The CEO also announced that the ‘Champions of Change’ Dashboard for real-time data collection and monitoring will be open for public viewing from 1 April. The dashboard will facilitate District Collectors of all the aspirational districts to input the latest available data of their respective districts. A Workshop was organized on 23 March to train representatives of the Districts to familiarise them to the Dashboard and its functioning, including data input, verification and presentation.

"We want to create competition at the State, District and even the block level. Why do some districts lag on crucial indicators of human development while other districts in the same State excel? Bridging this 'distance to frontier' is key to ensuring the States' prosperity and the Nation's progress", said Amitabh Kant.

"The Aspirational Districts programme, through real-time monitoring and proactive course corrections, reinforces the mechanisms of cooperative & competitive federalism between the Centre and the States, down to the Districts."

From May 2018, Districts will be ranked on their "incremental progress" i.e. Delta Ranking, exemplifying the spirit of competitive federalism. Districts can learn from each other's experiences using the "Best Practices" document that NITI Aayog has prepared and circulated to the district collectors.

About ‘Transformation of Aspirational Districts’ programme

Launched by the Hon’ble PM in January, the ‘Transformation of Aspirational Districts’ programme aims to quickly and effectively transform some of the most underdeveloped districts of the country.

The broad contours of the programme are Convergence (of Central & State Schemes), Collaboration (of Central, State level ‘Prabhari’ Officers & District Collectors), and Competition among districts driven by a Mass Movement or a Jan Andolan. With States as the main drivers, this program will focus on the strength of each district, identify low-hanging fruits for immediate improvement, measure progress, and rank districts.

The Government is committed to raising the living standards of its citizens and ensuring inclusive growth for all – SabkaSaath, SabkaVikas.

To enable optimum utilization of their potential, this program focusses closely on improving people’s ability to participate fully in the burgeoning economy. Health & Nutrition, Education, Agriculture & Water Resources, Financial Inclusion & Skill Development, and Basic Infrastructure are this programme’s core areas of focus.

After several rounds of consultations with various stakeholders, 49 key performance indicators have been chosen to measure progress of the districts. Districts are prodded and encouraged to first catch-up with the best district within their state, and subsequently aspire to become one of the best in the country, by competing with, and learning from others in the spirit of competitive & cooperative federalism.

NITI Aayog in partnership with the Government of Andhra Pradesh has created a dashboard for monitoring the real-time progress of the districts. District Information Officers underwent training on March 23, 2018 on how to enter data to the dashboard and generate MIS (Management Information System) reports. On April 1, 2018 districts will start entering data. Beginning May 2018, districts will be ranked based on progress made (‘delta ranking’) on a real-time basis. The dashboard will be open to the public to monitor the progress of the Aspirational Districts.

http://pib.nic.in/newsite/PrintRelease.aspx?relid=178133

India Vision 2025 - $5 Trillion GDP








14 May 2018

ET-Accenture Digital Fast Forward 2018

All the panelists felt that $5 trillion GDP target by 2025 was achievable. They felt it is probably underwhelming. Thus the corporate sector is highly positive about the target.

The contribution of Digital to GDP by that time will be $1 trillion. Hence Digital is going to grow in a big way.


New initiatives for $5 T economy soon: Suresh Prabhu

Apr 28, 2018,
The commerce ministry has sent a proposal to the Cabinet for investments of Rs. 5,000 crore in 12 champion sectors to push growth.
https://economictimes.indiatimes.com/news/economy/policy/new-initiatives-for-5-t-economy-soon-suresh-prabhu/articleshow/63948663.cms

Aug 22, 2015
 
Kolkata - Union Railway Minister Suresh Prabhu on Friday said he was optimistic about the Indian economy growing to $20 trillion in size over the next 20 years.
https://www.firstpost.com/business/suresh-prabhu-confident-india-will-be-a-20-trillion-economy-in-20-years-2403304.html


'Manufacturing sector will soon own 20% share of GDP'
http://www.business-standard.com/article/news-ani/manufacturing-sector-will-soon-own-20-share-of-gdp-118042800093_1.html
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


India will be a $5 trillion economy soon
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Why India is on course to become a $5-trillion economy by 2025?
Apr 28, 2018

India is a $2.6-trillion economy.
There are forecasts that it would grow to $5 trillion by 2025. Can India do it?
Considering that its GDP doubled from $1 trillion to $2 trillion during 2007-14, it is certainly possible.
https://timesofindia.indiatimes.com/india/why-india-is-on-course-to-become-a-5-trillion-economy-by-2025/articleshow/63948216.cms

How India can become a $5 trillion economy
AJAY SRIVASTAVA
April 16, 2018
Our perspective must shift from policy to projects
To reach 5T, we need to shift our perspective from policy to projects. Select sectoral initiatives can be converted into 100 projects. Each to be led by a competent leader with proven skills.
https://www.thehindubusinessline.com/opinion/columns/ajay-srivastav/how-india-can-become-a-5-trillion-economy/article23562940.ece

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India Will Be A $5 Tn Eco By 2025: Morgan Stanley

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India Vision 2025 - Discussion 

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21 March 2017

India's Consumption will triple to $4 Trillion by 2025.

India to Become Third-Largest Consumer Market Economy by 2025


Consumption will triple to $4 Trillion by 2025. Middle income Householders Will Represent Biggest Share of Spending; Urbanization and More Nuclear and Digital Households Will Also Shape New Spending Patterns

According to a report released today by The Boston Consulting Group’s (BCG) Center for Customer Insight (CCI), The New Indian: The Many Facets of a Changing Consumern nominal year-over-year expenditure growth of 12% in India is more than double the anticipated global rate of 5% and will make India the third-largest consumer market by 2025.

The shape of this growth will be influenced by the following factors:

The high income segments will constitute 40% of all spending by 2025; for the first time, this group will represent the largest consumption segment
Emerging cities (those with populations of less than 1 million) will be the fastest growing and will constitute one-third of total consumer spending by 2025
Three-fourths of all households will be nuclear families
Digital channels will influence 30% to 35% of all retail sales by 2025 and 8% to 10% of retail spending will be online



Among the factors that will shape consumption is India’s unique pattern of urbanization, in which emerging cities are the fastest growing.  About 40% of India’s population will be living in urban areas by 2025, and city dwellers will account for more than 60% of consumption. Expenditures in these cities are already rising by nearly 14% a year, while consumer spending in India’s biggest cities is increasing at about 12% a year. Consumers in these cities behave differently from big-city consumers. They have a strong value-for-money orientation, significant local-culture affinity, and a more conservative financial outlook.

The proportion of nuclear households, which has been on the rise during the past two decades, has reached 70% and is projected to increase to 74% by 2025. This ongoing shift is significant to marketers because nuclear families spend 20% to 30% more per capita than joint families.


BCG CCI’s most recent consumer survey in India included 10,000 consumers in 30 locations nationwide and studied consumption in more than 50 categories.   The biggest desires of aspirer households used to be to own a house and a car; today, many more of these consumers want to take international vacations. Similarly, affluent households are becoming comfort seekers, and they are willing to pay for it.

In addition, the internet is an increasingly pervasive factor in India’s commerce, and its influence will only expand.  Online spending is taking off: in the past three years, the number of online buyers has increased sevenfold to 80 million to 90 million.  Digital’s influence on broader consumer spending is significant and growing rapidly. Digitally influenced spending is currently about $45 billion to $50 billion a year, and that figure is projected to increase more than tenfold to $500 billion to $550 billion—and to account for 30% to 35% of all retail sales—by 2025. As a result, omnichannel interaction is more and more important, but its significance varies by category.

Already, a rising number of consumers in all segments are using the internet as their first port of call in framing and driving their purchase decisions. Research found that about 70% of those who have access to the internet go online to make informed purchase decisions.

https://www.bcg.com/d/press/21march2017-new-indian-changing-consumer-149010

https://www.bcg.com/publications/2017/marketing-sales-globalization-new-indian-changing-consumer.aspx


By 2030, India is projected to house the world's largest middle class consumer market surpassing USA and China.

Deloitte Report - Why India Matters?
https://www2.deloitte.com/content/dam/Deloitte/uk/Documents/about-deloitte/deloitte-uk-about-india-matters.pdf

29 July 2016

In a meeting of CEOs of Tata group companies on this day, the birthday of Bharat Ratna J.R.D. Tata (29 July). chairman of the group, Mistry called for touching $350 billion revenue by 2025. During the year 2015-16, Tata group invested $9 billion globally. Tata group turnover was $103 billion during 2015-16.  $350 billion revenue would mean a GDP contribution of $175 billion. This sort of estimate would give an estimate of $3 trillion of large scale organizations. MSMEs and India Uninc. can contribute equal amount of $3 trillion. That leaves $1 trillion as contribution from agriculture.

So the break up of $7 trillion would be

Agriculture           $1 trillion
Mining                 $ 0,25 trillion
Manufacturing -   $ 1.75 trillion; (Large $1.25, Small $0.5)
Services           -   $ 4  trillion; (Large $2.0, Small $2.0)

29 May 2016

Startups in Digital Technology Space in India by 2025 - One Lakh

India will have one lakh startups by 2025 contributing $500 billion of value and giving employment to 70 lakh people. Mohan Das Pai now angel investor (formerly CFO, Infosys).

Average size of the successful start up (a small scale organization) will be $5 million (around 30 to 35 crore rupees). It provides employment to 70 people.


India Will Be Fastest-Growing Economy for Coming Decade, Harvard Researchers Predict

By RAYMOND ZHONG
Jan 1, 2016 - Wall Street Journal
http://blogs.wsj.com/indiarealtime/2016/01/01/india-will-be-fastest-growing-economy-for-coming-decade-harvard-researchers-predict/


GDP of India - $7 trillion by 2025


A.T. Kearney in a report of April 2014 gives estimated GDP of India as $7 trillion.

Mumbai City will grow to $370 to 390 billion from $80 billion now.

18 Mega cities will emerge.

India 2025 - $7 Trillion  from 2 Trillion in 2014

https://www.atkearney.com/documents/10192/4408576/Supply+Chain+2025-Trends+and+Implications+for+India.pdf/5a65965e-2378-404e-8829-7664bc1b637c


India is 3rd Largest Economy in terms of GDP-PPP Valuation (2015)

                           
                                  Unit: Billion, US  Dollar

                                                         China                        USA                         India
GDP-PPP Valuation                       18,976                      18,125                        7,997

Source : International Monetary Fund, World Economic Outlook WEO, April 2015

Industry Visions for 2025

Automobiles - Vision 2025


2.15 Million vehicles produced in 2013-14.
7% of the country’s GDP.
6 Million-plus vehicles to be sold annually, by 2020.
The auto industry produced a total of 2.15 Million vehicles, including passenger vehicles, commercial vehicles, three-wheelers and two-wheelers in 2013-14 as against 2.06 Million in 2012-13, registering a growth of 4.04% in a year.
The total turnover in 2010-11 was USD 58.5 Billion, turnover by 2016 is slated to be USD 145 Billion.
Automotive mission plan, 2006-16:
To emerge as the world’s destination of choice for design and manufacture of automobiles and auto components with output reaching a level of USD 145 Billion, accounting for more than 10% of the GDP and providing additional employment to 25 Million people by 2016.

Automobile Components - Vision 2025


US$ 200 billion by 2025.
Source: Make in India - Automobile Components
http://guide-india.blogspot.in/2015/02/make-in-india-automobile-components-20.html



Aviation - Vision 2025

The Tata SIA Airlines Ltd’s research gives the estimate that civil aviation in India has the potential to create an economic value of $250 billion and contribute to around 5 percent of the country’s GDP by 2025.  It sees a three-fold rise in domestic air traffic by 2025.

Contribution of Civil Aviation sector to India’s GDP in 2009 is estimated to be 1.5% as per the recent study carried out by Oxford Economics. The study has also estimated that the sector supports a total of 9.95 million jobs. 

• Passenger handling capacity has risen three-folds from 72 million (FY 06) to over 220
million (FY 11)
• Cargo handling capacity has risen from 0.5 million MT (FY 06) to 3.3 million MT (FY 11) 

If every Indian in the middle-class income bracket takes just one flight per annum, it would result in a sale of 300 million tickets, a big jump from the 70 million domestic tickets sold in 2014-15.

The first vision statement in the draft NCAP 2015 speaks of creating an ecosystem that will enable 30 crore (300 million) domestic tickets to be sold by 2022 and 50 (500 million) crore by 2027, from the current seven crore (70 million). 


One of the ideas floated by the government is to cap fares at Rs 2,500 (all-inclusive) per passenger for a one-hour flight on select regional routes.
http://civilaviation.gov.in/sites/default/files/moca_001320.pdf  - 12 plan working group document.





Biotechnology Vision 2025


Modi Govt. Unveiled National Biotechnology Development Strategy 2015-2020 with the objective of achieving $100 billion by 2025. The present industry size is $7 billion.

150 technology transfer organizations will come up in India as a part indigenous technology development mission.


Chemicals

Chemical Industry Size Could be $400 billion by 2025


Proposal to establish an autonomous USD 100 Mn chemical innovation fund by securing 10% of the total inclusive national innovation fund set up by the National Innovation Council

The Indian Chemical Industry comprises both small and large-scale units, and presently, there are about 70,000 chemical manufacturing units located in the country (Deptt. Of Chemicals and
Petrochemicals-Draft National Chemical Policy-December 2013) a major component (in numbers) are covered in the small scale sector.

Indian chemical industry is expected to register a growth of 8-9% in the next decade.

India’s chemical industry is likely to touch $214 billion (approx ₹13,91,000 crore) in the next four years from $139 (approx ₹9,03,500 crore) in fiscal 2014 with estimated growth of around 9 per cent a year.  There is robust growth of consuming sectors till fiscal 2025. Hence there is very strong outlook for the key end-user industries. The demand for intermediate chemical products and basic chemical is expected to surge in the coming years.

A Tata Strategic Management Group study  report states that  critical issues for the chemical industry are availability of key feedstock, infrastructure status,  access to technology, energy security and ease of doing business.
http://www.thehindubusinessline.com/economy/macro-economy/indias-chemical-industry-to-touch-214b-by-2019-report/article7818782.ece

Petrochemical Intermediates


The installed capacity is  6 million tons per annum (MTPA).   India would fall short by 25–30 MT by 2025, which would mean an additional import cost of INR 150,000 to 200,000 crore (USD 24 to 32 billion) a year for intermediates.

A level of 85 per cent self-sufficiency in petrochemical intermediates is a necessary and achievable aspiration for the country to have a vibrant downstream chemical industry. This would require India to install 20–25 MTPA of additional petrochemical intermediate capacity – a number four times the volume of the entire current installed capacity. It means 70–90 additional plants (at economically viable scale) across 30–40 products have to be planned and implemented.

▪ Petrochemical Intermediates
– Acetic acid, vinyl acetate, acetic anhydride, acetate ester
– Ethylene oxide, glycols, ethoxylate, ethanolamine, glycol ether
– Cumene, phenol, acetone, resin
– Propylene oxide, polyols, propylene glycol
– Acrylic acid, acrylic acid ester, superabsorbent polymer
– SBR, PBR, NBR, PCR
– Ethyl benzene, styrene, ABS resin

Basic inputs to make Petrochemical Intermediates
Petrochemical building blocks
▪ Methanol
▪ Ethylene
▪ Propylene
▪ C4, C5
▪ Benzene, toluene, xylene

Although the Petrochemical Industry has consistently outperformed the GDP Growth rates of India – growing at around 1.5 times the GDP growth rate, recent developments consequent to advantaged feedstock availability in the US and Middle East have led to a situation where announced investments by Indian Companies on production of Petrochemical Building Blocks have fallen short of future requirements.


The chemical industry’s R&D spends would need to go up significantly from current levels of less than 0.5% of sales to reach closer to global benchmarks of 4% of sales (implying R&D spends of ~$12 billion by 2017.

The chemical industry is central to the modern world economy having a typical sales-to-GDP ratio of 5-6%. 

With the current size of $108 billion the Indian chemical industry accounts for approximately 7% of Indian GDP. The chemicals sector accounts for about 14% in overall index of industrial production (IlP). Share of industry in national exports is around 11% (2011?)

Source Documents

Download them and read them in detail to understand the growth of the sector

http://www.petrochemconclave.com/presentation/2016/Mr.SMitra.pdf
http://www.petrochemconclave.com/presentation16.html - Index to presentations
http://ficci.in/spdocument/20441/Knowledge-Paper-chem.pdf
http://planningcommission.gov.in/aboutus/committee/wrkgrp12/wg_chem0203.pdf
http://www.mckinsey.com/global-locations/asia/india/en/latest-thinking
Handbook on India Chemical Industry
https://www.rolandberger.com/media/pdf/Roland_Berger_India_Chem_20101109.pdf



Construction - Vision 2025

Construction industry plays a pivotal role in developing country’s infrastructure and accounts for nearly 45% of the total investment in the Infrastructure. Construction sector is also the second
largest employer after the agriculture sector.

Construction industry can be broadly classified into two sectors i.e. organized and unorganized. The organized sector includes more than 30,000 organisations whereas the standalone contractors in the unorganized sector number more than 120,000.

Construction equipment accounts for 21-23 % of the total project cost

As per estimates by Off-Highway research, the sale of construction equipment is expected to reach 84,000 units by 2014, of which infrastructure and real estate sectors will account for 70%. This translates into a CAGR of about 20% over the next five years (2009-2014) in sales of construction
equipment.

About 250 ancillary industries such as cement, steel, brick, timber and building material are dependent on the construction industry. A unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income at much higher growth rates.


Real Estate


11.5 million homes a year - US$ 1 trillion a year market


The country is expected to become the world's third largest construction market by 2025, adding 11.5 million homes a year to become a US$ 1 trillion a year market, according to a study by Global Construction Perspectives and Oxford Economics.
http://www.ibef.org/archives/detail/b3ZlcnZpZXcmMzY0OTgmNTI1

Roads

The road network stands at 3.3 million km in (2006?). Of this, rural roads comprise around 2.7 million km, i.e. about 85 percent. Overall village accessibility stood at 54 percent in the year 2000, although position in respect of accessibility to large size habitations has been much better.

 However, in order to give a boost to rural connectivity, a Rural Roads Programme known as the
Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched in December 2000. As a departure from
the earlier programmes, the PMGSY is being implemented as a 100 percent centrally funded scheme. As per the current guidelines, the PMGSY covers all habitations above 500 population to be provided with all-weather rural roads. In case of hills, deserts and tribal areas, the threshold is relaxed and covers all habitations above 250 population. It is estimated that about 1.79 lakh unconnected habitations need to be taken up under the PMGSY programme. This would involve new construction in a length of about 375,000 km at an estimated cost of Rs. 78,000 crore and improvements of 372,000 km at an estimated cost of Rs. 59,000 crore. Upto the end of December, 2006, a total of about 83,000 habitations have been covered and rural road works for an amount of Rs.38,387 crore have been sanctioned.

When the PMGSY was launched in 2000, it was estimated that about 347,000 habitations
out of a total of 825,000 habitations were without any all-weather access. Thus, 40 per cent of the
habitations were cut off from the country’s mainstream of development. According to latest figures
made available by the state governments under a detailed survey undertaken to identify core networks
about 1.79 lakh unconnected habitations need to be taken up under the PMGSY programme.

PMGSY Programme: New Connectivity

Habitation                Number of Rural                        Length Required            Total Estimated cost
Population Group    Unconnected Habitations           (km)                                (Rs billion)
1000+                        60,030                                      138,888
500-999                    79,208                                       160,754                             784.18
250-499 *                 39,530                                         75,690
Total                       178,768                                       375,332                             784.18
* Only in hill states, desert and tribal areas as per PMGSY eligibility.


In addition, upgradation of roads of the core network will be undertaken where required to provide
connectivity to market centres and other social infrastructure. A length of 372,816 km for upgrading at an estimated cost of Rs.590.330 billion has been included out of a total length of 1,134,112 km,











Roads in India - Estimates up to 2015
http://siteresources.worldbank.org/INTSARREGTOPTRANSPORT/3562298-1182924139500/21389008/3_CES_Presentation.pdf
Vision 2025 for Rural Roads. Doc of 2005:  http://pmgsy.nic.in/downloads/3julsep05_eng.pdf


Cement Industry


Cement demand is projected to grow to 2.5 to 2.7 times the current volumes and reach 550 to 600 MTPA by 2025. Per capita cement consumption is likely to increase from 185 kg currently to 385 to 415 kg in 2025. This growth will likely be led by investments in the infrastructure sector, with subsectors such as roads, power, and irrigation leading the charge.

An additional capacity of 330 to 380 MTPA for cement and 240 to 270 MTPA for clinker could be required by 2025, translating to an investment of close to Rs 300,000 crore.
http://www.indiainfoline.com/article/news/cement-vision-2025-scaling-new-heights-5915139538_1.html

Dairy Industry and Activity - Vision 2025


Present production 137.6 million tonnes.
The demand of milk and milk products in India is projected to increase to 142.9 million tonnes in 2015 and further to 191.3 million tonnes in 2020. The demand will further rise to 231.18 million tonnes in 2035.

The demand projections show that there is scope to increase diary farms at the various scale levels. Large scale diary farms having 200 milk giving animals may be encouraged to increase productivity and quality of milk. Also, setting up advanced diary plants and implementing modern IT systems like internet of things in the entire supply chain including the cattle will take place. Already, some diary plants have used RFID tags attached to animals to monitor their behaviour and inform the animal owners about various steps to be taken.
http://guide-india.blogspot.in/2015/03/dairy-industry-and-activity-vision-2025.html

Electrical Machinery - Vision 2025


Output of US$ 100 billion by 2022

As of 2011-12, the Indian EE industry has grown close to  Rs. 1.20 lakh crore (US$ 25 billion). It
contributes 1.4% to the nation’s GDP and 10.0% to the manufacturing GDP.

Based on investment estimates and capacity addition targets, domestic demand for generation equipment (BTG) could be in the range of US$ 25-30 billion by 2022; for the T&D equipment industry, it may be US$ 70–75 billion. The EE industry is projected to provide direct employment to 1.5 million people and indirect employment to 2 million by 2022.
http://dhi.nic.in/writereaddata/Content/indian_mission_plan_2012-2022.pdf


Electronics Design and Manufacturing - Vision 2025


Production in India of apprx. USD 300 billion.

25% of country’s GDP by 2025 from IT and ESDM (Nasscom-IESA)
http://guide-india.blogspot.com/2015/01/make-in-india-electronic-systems.html


Food Processing - Vision 2025

The Indian food processing industry is valued at approx. ` 78,094 crore for the year 2011-
12.
The industry has shown  Compounded
Annual Growth Rate (CAGR) of 8.4% during the period 2006-07 to 2011-12.

Information Technology and Business Process Services - Vision 2025


Indian technology and services industry is on track to reach its goal of $200 billion to $225 billion in revenues by 2020 and furthermore, to reach revenues of $350 billion by 2025.
http://www.nasscom.in/nasscom-perspective-2025-shaping-digital-revolution
http://www.livemint.com/Industry/z0n81ojxkSBELvmZw1cEyI/Digital-tech-startups-to-drive-ITBPM-growth.html

Insurance - Vision 2025

USD 250 bn insurance industry in India


CII sets 2025 vision for building a customer centric and value creating USD 250 bn insurance industry in India
Life insurance industry to grow at 12% CAGR over next decade to reach USD 160 bn – USD 175 bn and general insurance to grow at 22% CAGR to reach a GWP of USD 80 bn. 


General Insurance Vision 2025


From a ` 12,000 crore top-line industry in 2001–02, today it is worth ` 70,000 crore (FY 2013), clocking an annual growth rate of 17%. The industry today provides a cover of ` 1,000
lakh crore,

2025 - GWP to GDP penetration of 1.4%

Gross Written Premium

— Growth CAGR of ~14–15% resulting in GWP of ~Rs. 3,50,000 crore by 2025. (5 times of 2013 GWP)
— With no improvement in combined ratio, the industry would continue to have a negative value creation of ` 20–25,000 crore while delivering average RoE of 10–12%.
— Capital requirements remain relatively high –  RS.` 20–25,000 crore of fresh infusion.

Leather Industry - Vision 2025

Total production of Indian leather industry stands at USD 11 Billion
Exports have grown from USD 1.42 Billion in 1990-91 to USD 6 Billion in 2013-14
India produces 2 Billion sq. feet of leather, accounting for 10% of the world leather requirements
Domestic market expected to double in next five years
Exports projected to grow at 24% per annum over next five years

The global footwear market is estimated to be worth $192.3 bnin 2008, a growth of 2% over
the 2007 value. The Indian footwear industry is estimated to be worth just INR 160 bn or $4 bn[2].
It is the second largest global producer of footwear after China, accounting for more than 14 % of
global footwear production of 14.52 bn pairs.

The Indian footwear market is expected to worth INR 475 bn by 2025, representing a compounded
annual growth rate of 7%.


Media & Entertainment - Vision 2025


Media and entertainment (M&E) industry in India has the potential to reach $100 billion (about Rs 6.5 lakh crore) by 2025
http://www.dnaindia.com/money/report-india-s-media-and-entertainment-sector-has-potential-to-touch-100-billion-by-2025-2136016

Mining - Vision 2025


Mining Contribution to GDP - $61 billion by 2025


The contribution of mining to India’s GDP has fallen from 1.2 per cent to 1 per cent in the recent years.

The mining industry has the potential to create 6 million additional total jobs by 2025, accounting for 12 per cent of the new non-farm job gap. The mining industry could contribute USD 125 billion to India’s output and additional USD 47 billion to India’s GDP by 2025.

In 2012, the mining sector accounted for 3 million jobs directly, and induced an additional 8 million
jobs.

If mining grows more rapidly, it could increase its direct and induced contribution to India’s output
from USD 50 billion in 2012 to USD 126 billion by 2025 (additional USD 47 billion over business-as usual scenario). Additional contribution to GDP will be USD 47 billion )

India’s mining sector has been growing slower than other major mining jurisdictions such as China, Brazil, Canada, the United States, Chile and Australia. The real value add of India’s mining sector to the GDP is very low at USD 14.4 billion against that of China (USD 150 billion), Australia (USD 38 billion) and Brazil (USD 21 billion). Between 2010 and 2012, India’s mining sector grew at 0.8 per cent compared to 15 per cent for China, 5.3 per cent for the United States, 2.5 per cent for Canada and 2 per cent for Brazil. So there is substantial scope for increasing mining output in India. India has
endowment of the top 5 or 6 reserves globally across commodities such as thermal coal and iron
ore. So availability of ore is there. Investment and technology to mine the ore and process it have to be arranged.

Download Report on Mining by CII-McKinsey from
http://www.mckinsey.com/global-locations/asia/india/en/latest-thinking

Oil and Gas - Vision 2025


The natural gas demand is all set to grow significantly at a CAGR of 6.8% from 242.6 MMSCMD in 2012-13 to 654.55 MMSCMD in 2026-27
http://www.pngrb.gov.in/Hindi-Website/pdf/vision-NGPV-2030-06092013.pdf


Pharmaceuticals - Vision 2025


The Indian pharmaceuticals market increased at a CAGR of   17.46 per cent in 2015 from US$ 6 billion in 2005 and is expected   to expand at a CAGR of 15.92 per cent to US$ 55 billion by 2020.

http://www.ibef.org/industry/pharmaceutical-india.aspx


Ports and Shipping - Vision 2025

Ports


Long coastline of 7,517 km and navigable inland waterways of 14,500 km offering immense potential
 for maritime sector development.
150 + projects for investment  identified in Indian maritime sector
Opportunities for investment of USD 19 Billion in Inland Waterway development and USD 50 Billion in Port-led Development under ‘Sagarmala’

‘Sagarmala’ - New Port Development and Port Modernization
Greenfield major ports at Vadhavan (Maharashtra), Sagar Island (West Bengal),  Paradip Outer Harbour and Potential locations in Andhra Pradesh and Tamil Nadu

Trans-shipment Hubs at Enayam (Tamil Nadu) and Vizhinjam (Kerala)

Port Mordernization:
Increasing draft at Kamarajar (Ennore), Paradip and Mormugao Ports to 18m
500 MMTPA port capacity augmentation in Major Ports by 2025
‘Jal Marg Vikas’ project for capacity augmentation for navigation and shipping in River Ganga: NW-1 (1620 km)
Development of 111 National Waterways
Development of cruise terminals at Mormugao, Chennai, Mumbai, Chennai and Kochi.

Shipping

Market size of shipbuilding expected in 2025 – US$ 25 billion
Market size of shipbuilding at present – US$ 5 billion
http://www.mapsofindia.com/my-india/government/indias-fleet-of-flying-dutchman

Railways


Investment in Railways


Indian Railways plans to invest $ 142 billion in five years (2016-2020) and hope to double this investment figure in the next five-year cycle (2020-2025)
http://www.business-standard.com/content/b2b-manufacturing-industry/indian-railways-plans-to-invest-142-billion-in-five-years-suresh-prabhu-116011800166_1.html

Railway Revenue


Freight 600 million tonnes
Passengers: 2175 billion Passenger Kilometres
http://guide-india.blogspot.com/2015/06/make-in-india-railway-sector-items.html


Renewable Energy - Vision for 2025


Government announced in Budget of 2015-16, the target o 175 GW by 2022.At a capacity addition ability of 15 GW per year, 2025 vision can be 230 GW.
http://www.livemint.com/Opinion/0YGX9c5vv0WyRiI3QhLCuL/Make-in-India-and-renewable-energy.html

Roads and Highways - Vision for 2025


India will develop road projects spanning 50,000 kilometers and entailing investments of about $250 billion over the next five years (FY 2016-17 to FY2020-2021).

The 12th five year plan 2012-17 estimated the road sector’s investment to be $95 billion.

NHAI has a target of awarding 10,000 km of projects in the fiscal year 2015-16. Upto January, 6353 km of projects have already been awarded. Cabinet Minister Shri Nitin Gadkari is confident of completing 100 km per day in due course of time.
http://www.livemint.com/Politics/Q8f0KV6DV4tybWo25GZBZJ/NHAI-plans-50000-km-road-projects-worth-250-billion.html

Space Exploration and Satellite Launching - Vision 2025


The current budget of ISRO is around $12 billion.
Global space industry volume is $300 billion. India has talent and space to grow.
http://economictimes.indiatimes.com/news/science/make-in-india-isro-lures-industry-into-space-with-technology-promise-brand-benefit/articleshow/51027630.cms

Vision 2025 for Textiles




Document created by expert committee and presented to textile ministry
http://texmin.nic.in/Reports/Vision%20Strategy%20Action%20Plan%20for%20Indian%20Textile%20Sector.pdf

$350 billion  for domestic consumption
$300 billion for exports


Thermal Power - Vision 2025


Thermal power is the mainstay of electricity generation in India. It stood at over 196 GW in 2015, of which coal-based capacities alone amounted to 171 GW. Plans are in progress for addition of another 175 GW of thermal power capacity by 2022.
http://economictimes.indiatimes.com/toshiba/power-systems/thermal/the-twin-problems-that-indias-thermal-power-sector-must-overcome/articleshow/51056423.cms

http://www.epw.in/journal/2016/10/commentary/private-thermal-power-liberal-policy-regime.html

Tourism and Hospitality - Vision 2025


$88.6 billion by 2025

Tourism and hospitality contributed about $44.1 billion to India’s GDP in 2015 and is likely to touch $88.6 billion by 2025.

Wellness

http://www.wellnessindia.com/interview/beauty-and-wellness/ic.2/



Sectors' Review Ends
-------------------------------------------------------------------------------------------------



A.T. Kearney in a report of April 2014 gives estimated GDP of India as $7 trillion.

Mumbai City will grow to $370 to 390 billion from $80 billion now.

18 Mega cities will emerge.

India 2025 - $7 Trillion  from 2 Trillion in 2014

https://www.atkearney.com/documents/10192/4408576/Supply+Chain+2025-Trends+and+Implications+for+India.pdf/5a65965e-2378-404e-8829-7664bc1b637c


New Technology Contribution - $1 Trillion by 2025


Potential adoption of 12 empowering technologies in India

Mobile internet, cloud technology, Automation of knowledge work (through mobile phones), Digital payments, Digital identity, internet of things, Intelligent transportation and distribution, Advanced geographic information systems, Next generation genomics, Advanced oil and gas exploration and recovery, Renewable energy, Advanced energy storage

To assess the potential impact of the 12 technologies on the economy of India, McKinsey sized more than 40 applications in six sectors of the economy: financial services, education and skills, healthcare, agriculture and food, energy, and infrastructure.

The total impact of the sized applications could amount to $240 billion to $500 billion a year by 2025. Given the contributions of these sectors to India's GDP, the estimate across the entire economy, is estimated to be $550 billion to $1 trillion by 2025.

Financial services. The applications  could have an economic value of $32 billion to $140 billion a year by 2025. As many as 300 million Indians could gain access to banking services and raise their incomes by 5 to 30 percent thanks to better access to credit and the ability to save and make remittances.

Education and skills. The remote learning, massive open online courses (MOOCs), and other digital systems could have an economic impact of $60 billion to $90 billion a year by 2025 thanks to higher productivity among a larger number of skilled workers. India could have about 24 million more high-school and college-educated workers and 18 million to 33 million more vocationally trained workers by 2025 as a result of digitization in the education sector.

Health Care: By 2025, the total economic impact could be $25 billion to $65 billion a year, including $15 billion that could be saved through systems to reduce the problem of counterfeit drugs. Some 400 million of India's poor could get access to better care through technologies that bring medical expertise to modestly skilled health workers in remote areas.

Agriculture and food. Technology applications could create $45 billion to $80 billion a year in additional value in the sector. More than half of that would come from hybrid and genetically modified crops, precision farming (using sensors and GIS-based soil, weather, and water data to guide farming decisions), and mobile Internet–based farm-extension and market-information services. These improvements could raise the incomes of as many as 100 million farmers

Energy. Collectively, the technology applications  in energy could have an economic value of $50 billion to $95 billion a year by 2025.  The largest benefit would come from smart metering, which could save $15 billion to $20 billion a year by 2025 in reduced transmission losses. Unconventional-oil and -gas development might generate value of $10 billion a year by 2025.

Together, infrastructure technologies can contribute $30 billion to $45 billion a year in value by 2025.

India needs to  raise its investment in research and development, which in 2010 was 0.87 percent of GDP, compared with 1.7 percent in China and 3.36 percent in South Korea to make good use of new technologies.
http://www.mckinsey.com/industries/high-tech/our-insights/indias-tech-opportunity-transforming-work-empowering-people


Indo - US Trade

Due to the fourfold growth of bilateral trade since 2006 to 100 billion USD in 2014, both the governments are now keen and committed to further improving trade relations. The time is ripe for a new ambition to be set in its trade relations and improve the trade to $500 billion.


1.6 trillion USD worth of investment will be required by 2025 and 3.6 trillion USD by 2034 for India to transform into a 10 trillion USD economy. An important share of this investment will need
to come from international sources investing in new technologies and setting up global research and development (R&D) centres in India. Foreign direct investment (FDI) inflows to India rose by
26% in 2014 to an estimated 35 billion USD.
http://www.pwc.in/assets/pdfs/publications/2015/indo-us-trade-mission-500-billion-usd-iacc-report.pdf


Updated  2018 -  16 May 2018,  1 May 2018,  28 January

23 March 2017, 12 March 2017,   31 July 2016,  30 May 2016, 16 May 2916, 12 March 2016, 8 March 2016, 1 Jan 2016



Please inform if you have come across any interesting information regarding any sector through comments

Friday, May 11, 2018

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