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Manitoba in India

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Manitoba in India Bonnie de Moissac June 14, 2011 * Again line for y axis- is there a reason that the line is on green rather than orange? * Line for y axis * Y axis ... – PowerPoint PPT presentation

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Title: Manitoba in India


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

2
28 years of high growth
()
8.9
6.0
3.5
1.0
3
Population growth is slowing
()
2.2
2.1
1.8
1.5
1.0
Sources 1900-1990 Angus Maddison (1995),
Monitoring the World Economy, 1990-2000Census of
India (2001)
4
Literacy rate is rising
()
80
65
52
17
Source Census of India (2001)
5
When middle class is 50, many changes will occur
. . . .
32
22
8
368
220
65
Source The Consuming Class, National Council of
Applied Economic Research, 2010
6
Poverty is declining
()
1 of the people have been crossing poverty line
each year for 25 years Equals 200m
46
26
16
7
Per capita income gains
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
  • 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
  • Civil Nuclear Energy
  • Mining and Mineral Processing Equipment
  • Resource Extraction Machinery
  • Renewable Energy
  • Safety and Security Equipment
  • Telecommunications Equipment
  • Fabrication Machinery
  • Water Treatment

10
Advantages of JV with an Indian Company Versus
setting up your own company in India
  • Joint Venture
  • Setting Up Own Company
  • 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
  • Depend on one companys 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

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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