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Manitoba in India

Manitoba in India. Bonnie de Moissac June 14, 2011. 28 years of high growth . Average annual GDP growth. (%). 10. 8. 8.9. 6. 4. 6.0. 2. 3.5. 0. 1900-1950. 1950-1980. 1980-2002. 2002-2010. 1.0. Population growth is slowing . (%). 2.5. 2.0. 2.2. 2.1. 1.5. 1.8. 1.5. 1.0.

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Manitoba in India

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  1. Manitoba in India Bonnie de Moissac June 14, 2011

  2. 28 years of high growth Average annual GDP growth (%) 10 8 8.9 6 4 6.0 2 3.5 0 1900-1950 1950-1980 1980-2002 2002-2010 1.0

  3. Population growth is slowing (%) 2.5 2.0 2.2 2.1 1.5 1.8 1.5 1.0 1.0 0.5 0 1901-1950 1951-1980 1981-1990 1991-2000 2001-2010 Sources: 1900-1990: Angus Maddison (1995), Monitoring the World Economy, 1990-2000:Census of India (2001)

  4. Literacy rate is rising (%) 100 80 80 60 65 40 52 20 0 1950 1990 2000 2010 17 Source: Census of India (2001)

  5. When middle class is 50%, many changes will occur . . . . (m) 0 32% 400 22% 8% 300 368 200 100 220 2000 2010 1980 65 Source: The Consuming Class, National Council of Applied Economic Research, 2010

  6. Poverty is declining (%) 50 40 1% of the people have been crossing poverty line each year for 25 years Equals ~ 200m 30 46 20 10 26 0 1980 2000 2010 16

  7. Per capita income gains 1,178 1980 2005 3,051 US$ ppp Source: World Bank

  8. 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

  9. Excellent Export Prospects for Manitoba companies Civil Nuclear Energy Mining and Mineral Processing Equipment Resource Extraction Machinery Renewable Energy Safety and Security Equipment Telecommunications Equipment Fabrication Machinery Water Treatment • 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

  10. Advantages of JV with an Indian Company Versus setting up your own company in India Joint Venture 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 • 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

  11. How We Can Help: Commercialization Support for Business Program

  12. 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.

  13. 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

  14. 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)

  15. 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/

  16. 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

  17. THANK YOU FOR YOUR INTEREST IN INDIA !

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