Can India stand up to US & China?

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India Engineering Talent -Can it stand up to China Manufacturing and US Innovation trends By:- Omika Sharma Harshika Shete Ankit Satanekar Siddhanta Shroff Sagar Sankhe

Transcript of Can India stand up to US & China?

Page 1: Can India stand up to US & China?

India Engineering Talent-Can it stand up to China Manufacturing and

US Innovation trendsBy:-

Omika Sharma

Harshika Shete

Ankit Satanekar

Siddhanta Shroff

Sagar Sankhe

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India Engineering Talent

Information Technology Outsourcing

Real Engineering

Price Sensitive Market

Emphasis on Education

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Current Status of Indian Innovation

Global Innovation Hub

The National Innovation Council

The Indian Inclusive Innovation Fund

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Barriers

External Internal

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External:

Skill Shortage

Lack Of Collaboration

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Internal:

Organizational Focus

Insufficient Knowledge Management Systems

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Why is The US Innovation Trends Lagging?

USA as world leader in technology

Global Information Technology Report by World Economics Forum

Statistics

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Lesser number for US students opting for STEM (Science, Technology, Engineering, Math)

Non American CEOs and head technologists

Silicon Valley: Indian founded startups increased from 7% to 15.5% in the period 1995 to 2005

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The next Microsoft CEO: Mr. Satya Nadella

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Manufacturing In India

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United Nations Industrial Development Organization report -2010

-textiles, chemical products, basic metals, general machinery and equipment, and electrical machinery

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General Motors India

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ASTRAZENECA -Active Pharma Ingredients (APIs)

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India and China

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India v/s China Manufacturing

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India’s Rise in Manufacturing Arena at the

Cost of China

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Economic Fortunes of China -Large scale and low cost outsourced manufacturing

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Special Economic Zones -Special Economic Policies

-Flexible Governmental measures

-Special Tax Incentives

- Greater independence on international trade activities

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The China Price -the pricing pressure placed on developing economies

-the lowest price possible

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Prediction by the economists -Working age population has declined

-Threats to its status as a low-cost manufacturing hub

-Increase in factory wages

-lacks the required expertise

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A June 2010 Deloitte Study

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Can India stand up to China manufacturing and the USA innovation

trends?

YES

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Thank You