2. Why India? India represents an economic opportunity on a massive scale: China and India are likely to be the world’s two biggest economies by mid-century, and although India has underperformed in the first lap of the growth race, there was a strong possibility that India may well move ahead. Taoufik Kartoubi -- tkartoubi@gmail.com
10. Food & Agro Products The manufacturing sector is estimated to command a market capitalisation of US$ 520B by 2014-15 as against US$ 272B as of Sept 30, 2007 (study by Confederation of Indian Industry and the Boston Consulting Group) Taoufik Kartoubi -- tkartoubi@gmail.com
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12. The BPO migration to India is getting replicated in the manufacturing sector
13. FDI inflow into India has doubled from USD 3.4 B in 2001 to USD 8B in 2005Taoufik Kartoubi -- tkartoubi@gmail.com
14. INDIA PLUSES Large and growing domestic market : Growing consumer base and one of the world’s largest markets for manufactured goods and services. Versatile and skilled human capital : 2nd largest pool of scientists and engineers in the world Abundant Resources : Manganese, Chrominium, Coal and Iron Ore Steady Economic regime : Investment friendly policies – relaxed FDI norms, low tax rates and reduced import duties Healthy, vibrant financial sector : India has the largest number of listed companies (10,000 + ) across 23 Stock Exchanges and the 3rd largest investor base in the world Taoufik Kartoubi -- tkartoubi@gmail.com
15. Health Care System in China Current medical insurance was based on the free medical care and labour insurance system established in the early 1950s Medical expenses incurred by workers and staff are covered by the State A rapid increase in medical expenses has brought a heavy burden on the State and some enterprises In the countryside, only a few well-off regions provide free medical care, while in other regions medical expenses are paid by local people themselves Taoufik Kartoubi -- tkartoubi@gmail.com
16. Healthcare Reform : A Big Challenge In early 2009, the China Central Communist Party announced a comprehensive healthcare reform initiative through a program titled “Opinions on Deepening Pharmaceutical and Healthcare System Reform” It was a decision that precipitated a host of policy documents, draft implement rules, and, ultimately, a new future for China By 2011, an additional 900 million Chinese will enjoy a basic level of care (compared to 2004 coverage figures) Through this reform program, China will, by 2011, have extended its healthcare coverage to 90 percent of the country’s 1.3 billion people As a result, creating a primary healthcare services system that will offer for the first time basic and affordable drugs to the masses Taoufik Kartoubi -- tkartoubi@gmail.com
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18. Gradual elimination of drug marginsHospital reforms Taoufik Kartoubi -- tkartoubi@gmail.com