India - Perspectives : India - Perspectives Religious, Cultural, Social and Economics Where do Hindus live? : Where do Hindus live? Mainly in India where about 80% of Indians are Hindus.
Nepal where 89% follow Hinduism.
Over 10% of the population in Bangladesh are Hindus. Indonesia, Sri Lanka, Pakistan, Malaysia and Singapore also have large Hindu populations.
There are Just over one million Hindus in the United States. How many Hindus are there? : How many Hindus are there? In 2000 there were nearly 800 million Hindus worldwide. 13% world's population is Hindus or Indians. Who are gurus? : Who are gurus? Gurus (teachers) are spiritual teachers and guides in the religions of India. They teach mantras and techniques of meditation. Who are sadhus? : Who are sadhus? Sadhus are the holy men of India. They give up their homes and possessions n order to live a life of meditation and prayer. Other Hindus provide them with food and money.
Followers of Vishnu have three vertical lines of ash smeared on their foreheads.
Followers of Shiva have three horizontal lines of ash smeared on their foreheads. What for a Hindu is religion? : What for a Hindu is religion? Religion is:
Way of life
a right way of thinking
a way to live in this life which ensures in the next incarnation. Slide 8: A Sadhu Why do cows roam freely in the streets of India? : Why do cows roam freely in the streets of India? The cow is a sacred animal.
Although all animals and living beings are sacred to the Hindu because God is present in all creatures, the cow has a special place in the hearts of Indians. The cow is thought to be a living symbol of Mother Earth who bestows blessing on the earth and it is therefore an act of worship just to feed a cow. What does a red dot mean on a forehead? : What does a red dot mean on a forehead? This dot, called a vindia or a teep, signifies that the wearer is a Hindu. A black dot indicates that the girl is unmarried and a red dot that she is married. This practice probably goes back to the Indus Civilization in the third millennium BCE. Slide 13: … What is "Om"? : What is "Om"? Hindus acquire special knowledge by meditation through yoga and by repeating the mantra "Om". Prolonged repetition of this mantra induces a trance-like sate in which the worshiper may be united to Brahma.
The mala, akin to a rosary, is a string of 108 beads which is fingered while the word "Om" and name of God are uttered. Such repetition is known as japa. What is Yoga? : What is Yoga? Hindus use yoga as a way to become united with Brahma.
The eight traditional stages in yoga are:
trance What is the Evil Eye? : Kites have been used in the past, among other things, for medical purposes, strategies
in warfare and to ward off the evil eye. What is the Evil Eye? All misfortune is attributed to the Evil eye which, it is believed, can cause many injury when called upon by the exercise of magic. It is thought to be an ever-present threat and is constantly to be countered. Social Dimensions : Social Dimensions The Caste System : The Caste System Caste is the Indian class system. The caste system is not part of the original Hindu religion and is officially rejected by Hinduism. Although the caste system was abolished by law in 1949, it remains a significant force throughout India.
A soul can be born into a different caste in the process of reincarnation. Marriages between castes are rare. Four groups : Four groups Orthodox Hindu society in India Was divided into four major hereditary classes
Brahmins (Priest and educated class)
Kshatriya (Professional, governing and military class)
Vaisahya (Landowners, farmers and merchants)
Sudra (Peasants and labourers) Untouchables : Untouchables Below the Sudra was a fifth group, the untouchables (so-called because those who belonged to the other four castes thought that they would be polluted if they touched them) who were condemned to carry out the lowest menial occupations and had no social standing. India - a knowledge society : India - a knowledge society Indian economy is not stumbling even in the financial meltdown
Expected growth rate is to be 7 to 8%
Foreign exchange reserve is declining but at the decreasing rate (Reserve: somewhere around USD 300 million)
Sensex is quickly correcting
FDI, though declining, recovers soon
Total global trade USD 437 billion in 2006: a 72 percent surge compared to 2004
Export growth 20.3 percent in 2007 GDP growth in 2008 - 2009 : GDP growth in 2008 - 2009 A strong 7.5% growth recorded as against very strong (as they predict) 9%.
Manufacturing sector grew by nearly 10% in 2008-2009 as against 9.4% growth in 2007 - 2008
Agriculture, which accounts for nearly a quarter of the GDP, has grown by a healthy 2.6% in 2007 - 2008. It is expected to be same in the current year
Construction growth has been in double digits in each of the last 4 years.
INDIA can now aim towards a nominal growth rate of 12 percent. SPECIAL ECONOMIC ZONES : SPECIAL ECONOMIC ZONES Government creates Special Economic Zones (SEZs) as vehicles of Industrialization and employment generation
SEZs currently provide employment to more than 280,000 people
Projected exports from SEZs: Rs. 1.25 billion this year Software and Services : Software and Services Software and Services export (2004 - 2005) USD 17.5 billion
Expected to reach USD 31 billion during the current fiscal
Growth from a USD 150 m in 1991 - 1992
CAGR in last 10 years : 35%
Projected to be USD 50 billion in 2008 - 2009
Software and services
domestic (2004-2005) - USD 4.5 billion
IT enabled services (2004 - 2005) - USD 4.9 billion
IT domestic hardware (2004 - 2005) - USD 4.8 billion India offers a wealth of opportunities : India offers a wealth of opportunities Roads are being laid all over the country
Airports are in line for up-gradation
Power generation is next in line
Ports are ramping up to handle more traffic.
Telecom subscribers are increasing by the millions.
Indian government targets USD 30 billion FDI
The Indian Government is aiming to get 30 billion dollars in FDI during 2007 on the back of huge interest in the country from Auto and Electronics manufacturers. ( 26 billion dollars would be through investments in equity) INDIAN ECONOMY 2008 : INDIAN ECONOMY 2008 India ranked as the top destination for retailers in A T Kearney's Global Retail Development Index (GRDI)
the second-most attractive destination for foreign direct investment (FDI) among manufacturing investors, as per A T Kearney's latest FDI Confidence Index rankings
Insurance is a US$10 billion (premiums) industry in India
the fifth largest telecom services market in the world; US$ 17.8 billion revenues in FY 2005 INDIAN ECONOMY 2008 : INDIAN ECONOMY 2008 an extensive road network of 3.3 million km – the second largest in the world
Indian ports handled cargo of 510 million tonnes in 2004-05, 10.8 per cent increase over 2003-04
India has 125 airports; of these 11 are designated international airports
Real Estate and Construction is a US$12 billion (by revenue) industry in India
India is one of the ten largest retail markets in the world
Travel and Tourism is a US$ 32 billion industry in India, 5.3 per cent of GDP 3.5 million international tourist arrivals in India in 2005 Some Facts : Some Facts India is among the top 10 global suppliers of aluminum and steel in the world
About 35 million tonnes of steel is produced in India
India is also the largest producer of sponge iron in the world Textiles is a US$ 36 billion industry in India; it constitutes about 5 per cent of the GDP
India is amongst the largest producers of cotton
Large market for Gems & Jewellery with domestic sales of over US$ 10 billion. It constitutes 4 per cent of the global Gems and Jewellery market - Exports of over US$ 15.5 billion; over 18 per cent of India’s exports
India is the largest consumer of gold jewellery in the world - Accounts for about 20 per cent of world consumption Some Facts : Some Facts The largest producer of milk, pulses, sugarcane and tea in the world - The 2nd largest producer of wheat, rice, fruits and vegetables in the world
The Indian Pharmaceutical industry is about US$ 8.8 billion (2004 revenues)
India is the leading destination for providing IT and IT Enabled Services (ITeS), with revenues of US$ 28.2 billion in 2004-05. IT Services and Software constituted 59 per cent, IT Hardware about 21 per cent and ITeS about 20 per cent
The Indian Institutes of Technology (IITs) have been ranked the third best technology universities in the world for 2005, according to the prestigious Times Higher Education Supplement (THES)