In the year 1947 when the British left India they pushed India into a deadly civil war. Who would have imagined that just after the departure of the Britishers an Indian company would have taken over some Brands of Britain like Jaguar, Land Rover and famous tea brand Tetley. Who would have thought that Indian company TATA would buy Steel company Corus and provide Job to the Britishers on their own land without making a colony.
Since the ancient time, India is seen as the spiritual leader and to continue that legacy India has introduced 21 June as the “International Yoga Day” to the whole world. But now India is not only master of spirituality but also master of business as well. Some of rich Indians are placed in the 2016’s list of Forbes Magazine’s 100 richest men in the world i.e. Mukesh Ambani stands on 36th rank, Dilip Shanghvi on 44th rank, Azim Premji on 55th rank and Shiv Nadar at 88th rank.
India has listed its 7 companies in Fortunes 500 (2016 list) i.e. Indian Oil Corporation at 161st rank, Reliance Industries Limited at 215th rank, TATA Motors at 226th rank, SBI at 232nd rank, Bharat Petroleum at 358th rank, Hindustan Petroleum at 358th rank and new entrant Rajesh Jewelers at 423rd rank.
Let’s talk about major reasons to feel proud to be an Indian:-
Size of the Indian Economy: AS per the data released by the International monetary fund (IMF) outlook 2015, the size of Indian economy (in terms of GDP Nominal) is $3444 billion. So now the Indian economy is the 6th largest economy of the world ahead of major world powers like France, Italy, Brazil and Canada.
India, a traditional borrower from IMF, has now become a lender to the multilateral institution. India has contributed $291.70 million to the International Monetary Fund in June 2003.
There was a time in 1991 when India had just 2 billion dollar in its Foreign Exchange Reserves reserve (Forex reserve). But now Indian position is very strong in terms of Forex reserve which stands at US$368 billion for the week ended August 19, 2016.
Information Technology Sector: India is the world's largest sourcing destination for the information technology (IT) industry accounting for approximately 67 per cent of the US$ 124-130 billion market. The industry employs about 10 million workforces. The value of IT sector is US$ 143 billion and growing at the rate of 8.3%/annum. This sector is contributing around 10 of Indian GDP.
Science and Technology: India is term as the most attractive investment destination for Technology Transaction in the world. ISRO have developed India’s space navigation satellite system. It means India has its own version of GPS. India is helping many more country like Singapore, U.K., in launching their Satellites India has launched its moon and marc mission individually.
Image source:Science Tri-Town School Union
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 rate of 15.92%to US$ 55 billion by 2020. Pharmaceuticals market is the largest market in the world in terms of volume and India is the largest provider of generic drugs’ in the world.
Image source:Packaging Innovation Solutions
Gems and Jewelery Industry: This industry has generated US$ 38.6 billion of revenue from exports in 2015-16, making it the second largest exporter after petrochemicals. India is the one of the largest exporter of Jems and Jewellery of in the world. It is the hub of PCS stones market. How many of you know that 95% of the Diamond in the world is cut, polished and processed in India and most of this happen in only one city of India that is Surat.
Image source:The Economic Times
Healthcare Sector: India is emerging as the hub of medical tourism in both types, modern medicine and natural medicine (which includes Ayurveda and other natural treatment) India has high skilled doctors which are supplemented by low cost of treatment. The cost of surgery in India is about 1/10 of the USA and Europe. India is the cheapest destination of natural destination, heart transplant, cosmetic surgery and Dental Treatment.
Real Estate: The Indian real estate market is expected to touch US$ 180 billion by 2020. The housing sector alone contributes 5-6 per cent to the country's Gross Domestic Product (GDP). In the period FY2008-2020, the market size of this sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 11.2 per cent. There are 5 million homes are under construction in NCR of India alone. The 100 smart City project launched by Government of India will change the old looking of the Indian cities.
Infrastructure Sector: It is estimated that the Indian economy needs 100 million dollar for the infrastructural development in the full country. In Delhi/NCR region has 250 Km. metro route. In the recent future NCR of India will have of the largest metro network in the whole world. Near about all the major cities of India are having development of metro network. Development of Bullet trains will speed up railway network in the country.
Automobile Sector: The industry produced a total 23,960,940 vehicles including passenger vehicles, commercial vehicles, three wheelers, two wheelers and quadricycle in April-March 2016. Indian automobile market has almost all the top brands(Mercedes, BMW, Lamborghini Rolls Royce, Ferrari etc.) of the world and India brands are not much behind India have brands from land Rower to the cheapest car TATA NANO. Indian brands are Hero, TVS, Mahindra, Royal Enfield and Ashok Leyland etc. Hero is the largest manufacturer of two wheelers in the whole world.
Agriculture Sector: Today, India ranks second worldwide in farm output. Agriculture and allied sectors like forestry and fisheries accounted for 13.7% of the GDP (gross domestic product) in 2015 and employment to 50% of the workforce. India is the largest exporter and consumer of the spices in the world. India is the source of the delicious Basmati rice and sweet Mangoes.
With nearly 390 million tonnes (MT) of cement production capacity, India is the second largest cement producer in the world and accounts for 6.7% of world’s cement output. The cement production capacity is estimated to touch 550 MT by FY 20. Of the total capacity, 98 per cent lies with the private sector and the rest with the public sector. The top 20 companies account for around 70 per cent of the total production.
Textile Industry of India:
Indian Textile Industry is one of the largest contributors to export of India with approximately 11% of total export. India's overall textile exports during 2015-16 stood at US$ 40 bn. The size of Indian textiles industry is around US$ 108 billion, is expected to reach US$ 223 billion by 2021. This industry is the second largest employer after agriculture, providing employment to over 45 million people directly and 60 million people indirectly. The Indian Textile Industry contributes approximately 5 per cent to India’s Gross Domestic Product (GDP).
Name of some individuals who made India proud:
As we know that most of the countries of the World like almost all European countries & Japan are having negative population growth hence they don’t have young minds to work for their country. On the other hand 65% population of India is below 25 years which made it as the youngest country in the whole world (it is known as demographic dividend) that is why many developed counties are looking towards India to entice its young talent. We would like to justify this fact from this data:-As many as 12% scientists and 38% doctors in the US are Indians, and in NASA, 36% or almost 4 out of 10 scientists are Indians. If that's not proof of enough Indian scientific and corporate prowesses, digest this: 34% employees at Microsoft, 28% at IBM, 17% at Intel and 13% at Xerox are Indians. Below we have mentioned some individuals from India who are leading the top companies of the world.
Sundar Pichai: The 44-year-old head of Google was born in Chennai, Tamil Nadu and pursued education at IIT Kharagpur (B Tech), Stanford (MS) and Wharton (MBA). He is responsible for the launch of the dominant Chrome web browser, and was previously the product head for Android, Chrome, Maps, and other popular Google products.
Image source:Corporate Valley
Satya Nandella: Satya Narayana Nadella (born August 19, 1967) is an Indian-born American business executive. He is the current chief executive officer (CEO) of Microsoft. He was appointed as CEO on 4 February 2014. He was Executive Vice President of Microsoft's Cloud and Enterprise group, responsible for building and running the company's Computing Platforms, Developer Tools and Cloud Computing Services.
Indira Nooyi: Indra Krishnamurthy Nooyi is an India-born, naturalized American, business executive and the current Chairperson and Chief Executive Officer of PepsiCo, the second largest food and beverage business in the world by net revenue.
Shantanu Narayan: Shantanu Narayan (born 27 May 1963) is an Indian American business executive and the CEO of Adobe Systems. Prior to this, he was the president and chief operating officer since 2005. He grew up in Hyderabad, India. He went to Hyderabad Public School in Hyderabad. Narayen holds a Bachelor of Science in electronics engineering from Osmania University, India.
It’s a marvelous achievement for all the Indians that a country like Britain which ruled us 200 years earlier is now looking towards India for employment generation. We are pleased to inform you that TATA is the biggest private job providing company in whole United Kingdom and this all happened just after few decades of India’s independence.