The Complete Speech Presented by Mr. Tulsi Tanti, Suzlon Group on 'Economic Integration-Challenges for Sustainable Growth' at BRICS Business Forum July 14, 2014
The October edition of the Newsletter outlines the Indian priorities and the road ahead for the G20; provides brief information on the happenings at the World Bank, Asian Development Bank (ADB), International Finance Corporation (IFC), World Trade Organization (WTO), International Trade Centre (ITC) and highlights the key remarks made by the Minister of State for External Affairs at the 8th IBSA Trilateral Ministerial Commission Meeting.
Sinoindianeconomicrelationscompetitionandpartnership1 1224309877426672-9OSMANIA UNIVERSITY
China and India have experienced rapid economic growth in recent decades but have taken different paths. China has grown faster through higher investment rates, exports, and infrastructure spending while India's growth has been more equitable but slower. Both countries face issues of sustainability, inequality, and need to address agriculture and employment. While China has stronger manufacturing and infrastructure and India has advantages in services, both see opportunities in trading with each other and facing competition. Overall the countries share similarities in their large populations and economies but have taken different political and economic approaches.
As two of the fastest growing emerging market economies, India and China together symbolize an economically vibrant Asia. Find out what China’s rapid economic growth implies for India, and more, in the December 2015 issue of the CII Global Watch.
The document discusses the importance of Micro, Small and Medium Enterprises (MSMEs) for India's economic development and growth. Some key points:
1) MSMEs contribute significantly to India's GDP, exports, manufacturing output and employment. Their role in employment generation is especially important given India's large young population.
2) The government has taken several policy measures to promote the growth and competitiveness of MSMEs, including increasing planned allocations for the sector, the Make in India initiative, redefining MSME classifications, and frameworks for revival of sick MSMEs.
3) However, MSMEs still face challenges like access to finance, skilled labor shortages, and outdated technology.
An estimate of World Bank says that an additional 64 million people are living in extreme poverty on less
than US$1.25 a day by the end of 2010 as a result of the global recession. Low export dependency, a
large consumption base and the high share of employment and income come from rural areas.
Government’s focus and initiatives at local level will help in sustaining the economic growth at large. India
is among the most attractive destinations globally, for investments and business and FDI had increased
over the last few years. With the inclusive work force participation, development of infrastructural
facilities, encouraging small and medium enterprise MSMEs sector, government can fill the gap of income
disparity in different regions. Better policy measures and awareness programmes regarding many of the
government initiatives for the betterment of society can do wonders for an inclusive society and nation.
Better employment prospects, better technical education and programmes on poverty eradication and
public health must be priory concerned. An action oriented approach in a very aggressive manner would
be needed to facilitate a better livelihood and better market conditions for the society.
This document summarizes the history and structure of the Indian economy. It discusses three phases of economic development: pre-colonial, colonial, and post-colonial. The colonial period negatively impacted the economy through exploitation of resources. Currently, the economy has primary, secondary, and tertiary sectors and faces challenges like inflation, infrastructure issues, and debt. However, with continued reforms and growth, India is projected to become one of the largest economies globally by 2035.
The document discusses the key challenges facing Pakistan's economy. It outlines that Pakistan consumes more than it saves, imports more than it exports, and the government spends more than it earns in revenues. This leads to high fiscal deficits and reliance on external financing. Other challenges include a shrinking share of world trade, poor social indicators like education and health, high costs of doing business, weak governance and a lack of policy continuity between governments. Addressing these challenges is important for sustainable economic growth and development in Pakistan.
The October edition of the Newsletter outlines the Indian priorities and the road ahead for the G20; provides brief information on the happenings at the World Bank, Asian Development Bank (ADB), International Finance Corporation (IFC), World Trade Organization (WTO), International Trade Centre (ITC) and highlights the key remarks made by the Minister of State for External Affairs at the 8th IBSA Trilateral Ministerial Commission Meeting.
Sinoindianeconomicrelationscompetitionandpartnership1 1224309877426672-9OSMANIA UNIVERSITY
China and India have experienced rapid economic growth in recent decades but have taken different paths. China has grown faster through higher investment rates, exports, and infrastructure spending while India's growth has been more equitable but slower. Both countries face issues of sustainability, inequality, and need to address agriculture and employment. While China has stronger manufacturing and infrastructure and India has advantages in services, both see opportunities in trading with each other and facing competition. Overall the countries share similarities in their large populations and economies but have taken different political and economic approaches.
As two of the fastest growing emerging market economies, India and China together symbolize an economically vibrant Asia. Find out what China’s rapid economic growth implies for India, and more, in the December 2015 issue of the CII Global Watch.
The document discusses the importance of Micro, Small and Medium Enterprises (MSMEs) for India's economic development and growth. Some key points:
1) MSMEs contribute significantly to India's GDP, exports, manufacturing output and employment. Their role in employment generation is especially important given India's large young population.
2) The government has taken several policy measures to promote the growth and competitiveness of MSMEs, including increasing planned allocations for the sector, the Make in India initiative, redefining MSME classifications, and frameworks for revival of sick MSMEs.
3) However, MSMEs still face challenges like access to finance, skilled labor shortages, and outdated technology.
An estimate of World Bank says that an additional 64 million people are living in extreme poverty on less
than US$1.25 a day by the end of 2010 as a result of the global recession. Low export dependency, a
large consumption base and the high share of employment and income come from rural areas.
Government’s focus and initiatives at local level will help in sustaining the economic growth at large. India
is among the most attractive destinations globally, for investments and business and FDI had increased
over the last few years. With the inclusive work force participation, development of infrastructural
facilities, encouraging small and medium enterprise MSMEs sector, government can fill the gap of income
disparity in different regions. Better policy measures and awareness programmes regarding many of the
government initiatives for the betterment of society can do wonders for an inclusive society and nation.
Better employment prospects, better technical education and programmes on poverty eradication and
public health must be priory concerned. An action oriented approach in a very aggressive manner would
be needed to facilitate a better livelihood and better market conditions for the society.
This document summarizes the history and structure of the Indian economy. It discusses three phases of economic development: pre-colonial, colonial, and post-colonial. The colonial period negatively impacted the economy through exploitation of resources. Currently, the economy has primary, secondary, and tertiary sectors and faces challenges like inflation, infrastructure issues, and debt. However, with continued reforms and growth, India is projected to become one of the largest economies globally by 2035.
The document discusses the key challenges facing Pakistan's economy. It outlines that Pakistan consumes more than it saves, imports more than it exports, and the government spends more than it earns in revenues. This leads to high fiscal deficits and reliance on external financing. Other challenges include a shrinking share of world trade, poor social indicators like education and health, high costs of doing business, weak governance and a lack of policy continuity between governments. Addressing these challenges is important for sustainable economic growth and development in Pakistan.
This document provides an introduction and background to a dissertation analyzing India's Vision 2020 plan set forth by the country's Planning Commission. The dissertation will examine India's current economic status and growth engines to determine if achieving the goals of Vision 2020 by the target year of 2020 is realistic. Key points discussed include:
- India's growing importance in the global economy due to its large, young population and rapid growth.
- The Vision 2020 plan's identification of education, technology, communication, and market opening as important growth engines.
- Challenges India faces in structural transformation, such as improving GDP, investment environment, and infrastructure.
- The dissertation will review industry trends and forecasts to estimate India's future performance
The document discusses the rise of emerging economies and shifting global economic realities. It notes that emerging economies like China, India, Brazil and others have contributed significantly to stabilizing global growth during recessions, while their share of global GDP, trade and investment is increasing. It argues that partnerships between advanced and emerging economies are needed to support shared and balanced global growth going forward. India is positioned to leverage new opportunities from these changes through economic reforms and improved competitiveness.
The document analyzes India's economy under the LPG (Liberalization, Privatization, and Globalization) model introduced in 1991. It discusses both the benefits and drawbacks of LPG for India's economy. The key benefits mentioned are high economic growth rates, rising stock markets, increasing foreign investment and trade. However, it also notes rising inequality, environmental degradation, and benefits being concentrated among large corporations rather than rural communities. In the current state, India's economy is recovering from the global recession and growing at around 7-8% annually, but faces challenges of sustaining this and reducing poverty and regional disparities.
Indian Economy - old wine in new bottlesimran sakshi
The document discusses whether the Indian economy under the Modi government is "old wine in new bottle" or "new wine in old bottle". It provides an overview of the Indian economy and key reforms by the Modi government. While some positive changes have occurred like increased FDI, manufacturing targets, and subsidy reforms through Aadhaar, some challenges remain around job creation, wealth distribution, and addressing bad loans. Overall the reforms have been steady but incremental, with some doubting the pace and impact of changes.
The document summarizes recent developments in the Indian economy over the past 10-15 years. It notes that India has experienced rapid economic growth averaging 7% annually since economic reforms in 1991. Key developments include growth in the information technology and services sectors, increased foreign investment, expansion of infrastructure like roads and airports, rising urbanization and literacy rates, and developments in healthcare, education, tourism, and rural development. Military research and development has also increased substantially with large contracts for aircraft and other equipment. The economy has become the 7th largest in the world and is classified as a newly industrialized nation.
Concept of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness)TanmayGanorkar1
The document discusses the concepts of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness). It defines GDP as a monetary measure of the value of all final goods and services produced within a country in a given period. GDP is commonly used to determine a country's economic performance and allow for international comparisons. It then outlines the key components that comprise GDP - consumption, investment, government spending, and exports/imports. The document also provides rankings of countries by GDP value and details about India's GDP. It then introduces GDH/GNH as an alternative concept that aims to measure overall well-being by considering environmental, health, education and happiness indicators, in addition to economic factors. It outlines the
The private sector the engine of growth in the bangladesh economynick_x_andersen
The private sector has been the engine of growth in Bangladesh's economy since independence. At independence in 1971, Bangladesh was heavily aid-dependent and lacked food security and export diversification. However, today the private sector has transformed Bangladesh into a self-sufficient, fast-growing exporter led by the garment, pharmaceutical, and financial industries. The garment industry alone employs over 4 million people and accounts for 80% of exports. The private sector has also expanded into new industries like shipbuilding and helped reduce poverty from 57% to 31.5%.
The Indian economy is the third largest in the world based on purchasing power and is projected to become the third largest economy by 2035 after the US and China. It will grow to 60% the size of the US economy. The history of the Indian economy can be broadly divided into three phases - pre-colonial, colonial, and post-colonial. Currently, the Indian economy is slowing with GDP growth at 4.8% in the first quarter of 2013, but the government is introducing reforms and increasing capital investment and social spending to boost growth going forward.
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
The document argues that Kenya should prioritize domestic-demand led economic growth. It notes that over half of Kenya's exports are agricultural goods, which are outweighed by imports of manufactured goods. Growing domestic demand could help address this trade imbalance and support industrialization. The document discusses how countries like Brazil, India, and China have successfully pursued this strategy. It argues Kenya could do the same by improving income distribution, governance, access to financing, and policies to stabilize the economy. The tourism sector in particular could benefit from growing domestic tourism. Lessons from Japan's post-WW2 economic recovery show the importance of strategic government policies and investing in education and healthcare to develop human capital and a robust domestic market.
This document summarizes key government policies in India since 2000 related to industrial policy, population policy, and education policy. For industrial policy, it describes the liberalization of imports and privatization of public sector enterprises leading to higher industrial growth rates. The national population policy aims to promote a two-child norm and stabilize population growth by 2046. The education policies focus on expanding access and reducing dropout rates while improving quality and making education more practical and skill-based.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The document summarizes the history and development of the Indian economy from ancient times to present day. It discusses how the economy was negatively impacted during British colonial rule but began to grow after independence through import substitution industrialization and nationalization of key industries. Economic reforms since 1991 opened the economy to foreign investment and global trade, leading to strong growth rates of around 7% annually over the past few decades and positioning India as the 7th largest economy globally. Recent years have seen some slowing but growth is projected to remain around 7-8% through 2016-17.
This document summarizes grassroots economic development policies and initiatives in Thailand. It outlines the evolution of Thailand's national economic and social development plans from an initial focus on economic growth and infrastructure to more recent people-centered and participatory approaches. Key poverty eradication strategies discussed include human resource development, strategic interventions to generate income, and coordinating with local chambers of commerce. Specific government programs described are village revolving funds, universal health insurance, free schooling, a one village one product initiative, fix-it centers, various social security systems for the elderly, and a housing security project to address housing problems of the urban poor.
The document provides an overview of the United Arab Emirates (UAE) economy, including:
1) The UAE has transitioned from a largely undeveloped economy to one with a GDP comparable to industrialized nations due to large oil revenues, which allowed the country to invest heavily in infrastructure.
2) The economy has become more diversified with growing sectors like banking, tourism, and real estate, though oil still accounts for about 30% of GDP.
3) Data on starting a business in the UAE is presented, noting procedures, time, and costs required to formally operate a business.
The document provides an overview of the Indian economy through its history of Five Year Plans from 1951 to present day. It summarizes the objectives, growth targets, and outcomes of each successive plan. Additionally, it outlines the current composition and size of the Indian economy, describing its standing globally in terms of GDP and key sectors including agriculture, industry, services, and others that comprise 57%, 26%, and 17% of the economy respectively.
The Indian rupee has evolved over centuries from silver coins to the current paper currency system. Under British rule in the early 1900s, the rupee was divided into 16 annas, each further divided into smaller units. In 1957, India decimalized its currency, with the rupee divided into 100 paise. The Reserve Bank of India began producing currency in 1938. Current banknotes feature portraits of Mahatma Gandhi and have numerous security features including watermarks, security threads, and optically variable ink. Coins in circulation include the 1, 2, 5, and 10 rupee denominations, though paise coins are rarely used.
This document summarizes the structural changes in the Indian economy after liberalization. It discusses how the Indian economy transitioned from a predominantly state-run economy to a mixed economy with a larger private sector role after 1991. The key policies driving this transition included liberalization, privatization, and opening the economy to global trade and investment. Liberalization reduced licensing requirements and other regulations, privatization sold state-owned enterprises to private owners, and globalization made the economy more open internationally. These reforms aimed to increase economic growth by enhancing competition and private sector participation in the economy.
Suzlon posts positive EBITDA for 3rd consecutive quarterSuzlon Group
Suzlon Group, the world’s fifth largest* wind turbine manufacturer on Friday 31st
October 2014, announced its results for the Q2 FY15. Suzlon posted its 3rd consecutive quarter
of positive EBIDTA at consolidated level reaffirming its improved performance.
Spredit is an online advertising platform that allows businesses to engage customers through social media and smartphones. Unlike traditional advertising methods, Spredit's approach is cheaper and lets customers share advertising messages with friends via a mobile app in exchange for discounts. This grows a business's reach while also incentivizing customer participation.
This document provides an introduction and background to a dissertation analyzing India's Vision 2020 plan set forth by the country's Planning Commission. The dissertation will examine India's current economic status and growth engines to determine if achieving the goals of Vision 2020 by the target year of 2020 is realistic. Key points discussed include:
- India's growing importance in the global economy due to its large, young population and rapid growth.
- The Vision 2020 plan's identification of education, technology, communication, and market opening as important growth engines.
- Challenges India faces in structural transformation, such as improving GDP, investment environment, and infrastructure.
- The dissertation will review industry trends and forecasts to estimate India's future performance
The document discusses the rise of emerging economies and shifting global economic realities. It notes that emerging economies like China, India, Brazil and others have contributed significantly to stabilizing global growth during recessions, while their share of global GDP, trade and investment is increasing. It argues that partnerships between advanced and emerging economies are needed to support shared and balanced global growth going forward. India is positioned to leverage new opportunities from these changes through economic reforms and improved competitiveness.
The document analyzes India's economy under the LPG (Liberalization, Privatization, and Globalization) model introduced in 1991. It discusses both the benefits and drawbacks of LPG for India's economy. The key benefits mentioned are high economic growth rates, rising stock markets, increasing foreign investment and trade. However, it also notes rising inequality, environmental degradation, and benefits being concentrated among large corporations rather than rural communities. In the current state, India's economy is recovering from the global recession and growing at around 7-8% annually, but faces challenges of sustaining this and reducing poverty and regional disparities.
Indian Economy - old wine in new bottlesimran sakshi
The document discusses whether the Indian economy under the Modi government is "old wine in new bottle" or "new wine in old bottle". It provides an overview of the Indian economy and key reforms by the Modi government. While some positive changes have occurred like increased FDI, manufacturing targets, and subsidy reforms through Aadhaar, some challenges remain around job creation, wealth distribution, and addressing bad loans. Overall the reforms have been steady but incremental, with some doubting the pace and impact of changes.
The document summarizes recent developments in the Indian economy over the past 10-15 years. It notes that India has experienced rapid economic growth averaging 7% annually since economic reforms in 1991. Key developments include growth in the information technology and services sectors, increased foreign investment, expansion of infrastructure like roads and airports, rising urbanization and literacy rates, and developments in healthcare, education, tourism, and rural development. Military research and development has also increased substantially with large contracts for aircraft and other equipment. The economy has become the 7th largest in the world and is classified as a newly industrialized nation.
Concept of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness)TanmayGanorkar1
The document discusses the concepts of GDP (Gross Domestic Product) and GDH (Gross Domestic Happiness). It defines GDP as a monetary measure of the value of all final goods and services produced within a country in a given period. GDP is commonly used to determine a country's economic performance and allow for international comparisons. It then outlines the key components that comprise GDP - consumption, investment, government spending, and exports/imports. The document also provides rankings of countries by GDP value and details about India's GDP. It then introduces GDH/GNH as an alternative concept that aims to measure overall well-being by considering environmental, health, education and happiness indicators, in addition to economic factors. It outlines the
The private sector the engine of growth in the bangladesh economynick_x_andersen
The private sector has been the engine of growth in Bangladesh's economy since independence. At independence in 1971, Bangladesh was heavily aid-dependent and lacked food security and export diversification. However, today the private sector has transformed Bangladesh into a self-sufficient, fast-growing exporter led by the garment, pharmaceutical, and financial industries. The garment industry alone employs over 4 million people and accounts for 80% of exports. The private sector has also expanded into new industries like shipbuilding and helped reduce poverty from 57% to 31.5%.
The Indian economy is the third largest in the world based on purchasing power and is projected to become the third largest economy by 2035 after the US and China. It will grow to 60% the size of the US economy. The history of the Indian economy can be broadly divided into three phases - pre-colonial, colonial, and post-colonial. Currently, the Indian economy is slowing with GDP growth at 4.8% in the first quarter of 2013, but the government is introducing reforms and increasing capital investment and social spending to boost growth going forward.
In the publication "India 2020 Economy Outlook", D&B attempts to evaluate and analyse the prospects of the Indian economy over the next six years. This publication provides a forecast of key macroeconomic variables over the next few years. The publication also covers analysis of various Indian states with respect to their potential to contribute to India’s growth. It also analyses various enablers and major policy initiatives that would drive and facilitate India’s economic journey. It also presents various challenges to growth in the next few years.
The document argues that Kenya should prioritize domestic-demand led economic growth. It notes that over half of Kenya's exports are agricultural goods, which are outweighed by imports of manufactured goods. Growing domestic demand could help address this trade imbalance and support industrialization. The document discusses how countries like Brazil, India, and China have successfully pursued this strategy. It argues Kenya could do the same by improving income distribution, governance, access to financing, and policies to stabilize the economy. The tourism sector in particular could benefit from growing domestic tourism. Lessons from Japan's post-WW2 economic recovery show the importance of strategic government policies and investing in education and healthcare to develop human capital and a robust domestic market.
This document summarizes key government policies in India since 2000 related to industrial policy, population policy, and education policy. For industrial policy, it describes the liberalization of imports and privatization of public sector enterprises leading to higher industrial growth rates. The national population policy aims to promote a two-child norm and stabilize population growth by 2046. The education policies focus on expanding access and reducing dropout rates while improving quality and making education more practical and skill-based.
a brief presentation on Indian Economy. this presentation will be very much helpful for beginner students of enonomics and civil service. This presentation is about India and its future. Where is Indian economy at present and where will be.
The document summarizes the history and development of the Indian economy from ancient times to present day. It discusses how the economy was negatively impacted during British colonial rule but began to grow after independence through import substitution industrialization and nationalization of key industries. Economic reforms since 1991 opened the economy to foreign investment and global trade, leading to strong growth rates of around 7% annually over the past few decades and positioning India as the 7th largest economy globally. Recent years have seen some slowing but growth is projected to remain around 7-8% through 2016-17.
This document summarizes grassroots economic development policies and initiatives in Thailand. It outlines the evolution of Thailand's national economic and social development plans from an initial focus on economic growth and infrastructure to more recent people-centered and participatory approaches. Key poverty eradication strategies discussed include human resource development, strategic interventions to generate income, and coordinating with local chambers of commerce. Specific government programs described are village revolving funds, universal health insurance, free schooling, a one village one product initiative, fix-it centers, various social security systems for the elderly, and a housing security project to address housing problems of the urban poor.
The document provides an overview of the United Arab Emirates (UAE) economy, including:
1) The UAE has transitioned from a largely undeveloped economy to one with a GDP comparable to industrialized nations due to large oil revenues, which allowed the country to invest heavily in infrastructure.
2) The economy has become more diversified with growing sectors like banking, tourism, and real estate, though oil still accounts for about 30% of GDP.
3) Data on starting a business in the UAE is presented, noting procedures, time, and costs required to formally operate a business.
The document provides an overview of the Indian economy through its history of Five Year Plans from 1951 to present day. It summarizes the objectives, growth targets, and outcomes of each successive plan. Additionally, it outlines the current composition and size of the Indian economy, describing its standing globally in terms of GDP and key sectors including agriculture, industry, services, and others that comprise 57%, 26%, and 17% of the economy respectively.
The Indian rupee has evolved over centuries from silver coins to the current paper currency system. Under British rule in the early 1900s, the rupee was divided into 16 annas, each further divided into smaller units. In 1957, India decimalized its currency, with the rupee divided into 100 paise. The Reserve Bank of India began producing currency in 1938. Current banknotes feature portraits of Mahatma Gandhi and have numerous security features including watermarks, security threads, and optically variable ink. Coins in circulation include the 1, 2, 5, and 10 rupee denominations, though paise coins are rarely used.
This document summarizes the structural changes in the Indian economy after liberalization. It discusses how the Indian economy transitioned from a predominantly state-run economy to a mixed economy with a larger private sector role after 1991. The key policies driving this transition included liberalization, privatization, and opening the economy to global trade and investment. Liberalization reduced licensing requirements and other regulations, privatization sold state-owned enterprises to private owners, and globalization made the economy more open internationally. These reforms aimed to increase economic growth by enhancing competition and private sector participation in the economy.
Suzlon posts positive EBITDA for 3rd consecutive quarterSuzlon Group
Suzlon Group, the world’s fifth largest* wind turbine manufacturer on Friday 31st
October 2014, announced its results for the Q2 FY15. Suzlon posted its 3rd consecutive quarter
of positive EBIDTA at consolidated level reaffirming its improved performance.
Spredit is an online advertising platform that allows businesses to engage customers through social media and smartphones. Unlike traditional advertising methods, Spredit's approach is cheaper and lets customers share advertising messages with friends via a mobile app in exchange for discounts. This grows a business's reach while also incentivizing customer participation.
Full Press Release - Suzlon Bondholders Approve RestructuringSuzlon Group
Suzlon bondholders across all four series approve #FCCB restructuring proposal. Full press release.
Preview: Suzlon Group, the world’s fifth largest* wind turbine maker, today
announced that the holders of each series of its Existing Bonds (due in October 2012, July 2014
and April 2016) have approved the proposed restructuring of the Existing Bonds including the
terms and conditions of the new foreign currency convertible bonds. The company had earlier
announced receipt of approval from the Corporate Debt Restructuring Empowered Group and the
Reserve Bank of India for the restructuring.
By Default, nature programs us for success according to the document from Yashasvibhava.com. To achieve success, one must think positively and take an active role in ensuring their business or goals are successful, rather than viewing success as out of their control. Planning for success is important, as a lack of planning effectively becomes planning for failure.
This presentation provides an overview of Suzlon Energy's financial performance in FY15 and strategic initiatives to improve its financial position. Key points include:
- Volume and revenues declined in FY15 due to liquidity constraints but EBITDA losses narrowed compared to prior years.
- Strategic transactions completed in Q1 FY16 including the Senvion sale and preferential allotment from DSA that raised ~Rs. 8,800 crores to reduce debt and boost liquidity for growth.
- Order backlog of 1,123 MW as of March 2015 with additional potential orders of 450 MW from a wind farm JV with DSA positioning Suzlon for volume growth.
Suzlon - Q2 FY 2010-11 Earnings PresentationSuzlon Group
Suzlon Energy Limited presented its Q2 FY 2010-11 earnings. Key highlights included growth in wind turbine installation volume, continued momentum in order inflow, and efforts to reduce debt and consolidate its holding in SE Forge. The outlook for H2 FY2011 was for robust long-term growth expectations in emerging markets, while developed markets are expected to remain stagnant. Detailed financial results for Q2 FY2011 showed revenues of INR 3,772 crores and positive earnings before interest and taxes of INR 11 crores.
Suzlon - Q1 FY 12 Earnings PresentationSuzlon Group
This document is an earnings presentation by Suzlon Energy Limited for Q1 of fiscal year 2012. It includes the following key points:
- Revenues grew 80% year-over-year in Q1 FY12 and performance is on track to meet full-year guidance.
- The order book stands at $6.6 billion, 35% higher than the previous year.
- A "squeeze out" process is underway to acquire remaining shares of REpower for €142.77 per share.
- A sale of the Hansen stake is expected to generate Rs. 828 crores and help reduce debt levels.
- Global fleet availability remains over 97% due to ongoing optimization programs.
-
1. Rs. 1,800 crs Equity Infusion to accelerate growth
2. Suzlon delivers positive EBITDA for the 4th consecutive quarter
3. EBITDA Margin increases to 6.0% from (2.7%) YoY, on flat revenues of Rs. 4,954 crs
4. EBITDA increases to Rs. 295 crs from Rs. (137) crs YoY
5. Mr Tulsi Tanti, Chairman – Suzlon Group, said: “All the strategic initiatives are extremely crucial and will pave the way for our growth. These bold steps will strengthen our capital structure permanently, enabling significant deleveraging and liquidity to ramp up volumes rapidly. With our market leadership, technology strength, successful project execution and best in class service, Suzlon is best placed to capitalize on the opportunities offered by the renewable sector. We are convinced that the support from Dilipbhai Shanghvi and Family will help in creating a long term sustainable value for our stakeholders.
Suzlon - Q4 FY 2010-11 Earnings PresentationSuzlon Group
Suzlon Energy Limited presented its Q4 FY 2010-11 earnings. Key highlights included:
- Volumes and EBIT continued to improve quarter-over-quarter.
- Suzlon had a strong order book of 4,639 MW backed by high order intake in India.
- Turbine availability was consistently above 97%.
- Outlook was positive with industry estimates projecting 15%+ annual growth in wind installations globally through 2015.
Suzlon - Q3 9M FY 2015-2016 Earnings PresentationSuzlon Group
This document is Suzlon Energy Limited's 9M FY16 earnings presentation dated January 29, 2016. The presentation contains key highlights from Suzlon's financial performance in the first 9 months of FY16, including a 75% year-over-year increase in volume to 688 MW and a 14.3 times increase in normalized EBITDA to Rs. 846 crores. It also provides details on Suzlon's order book, debt and working capital position, and strategic focus on both wind and solar projects. The document is intended for information purposes only and contains various disclaimers around the accuracy of the information and risk factors involved.
Suzlon Energy Limited presented its Q1 FY16 earnings. Key highlights included:
- Highest quarterly sales volume of 205MW in India in last 3 years
- Normalized EBITDA margin of 15.3%, the highest in last 3 years
- Consolidated net debt reduced to Rs. 7,010 crs from Rs. 14,821 crs last quarter
The presentation discusses Suzlon's strategic focus on high growth, high volume and better margins in the Indian market. It also provides an overview of Suzlon's products, technology upgrades, order book status and the positive industry opportunities in the growing Indian renewable energy market.
Homenagem às mães - Infantil III B - 2014ColegioEmilie
Este documento apresenta cartas criadas por alunos do Infantil 3B para suas mães, declarando o tamanho do amor que sentem por elas usando comparações como "mais que meu brinquedos", "do tamanho da Disney" e "maior que o Mickey Mouse". As cartas celebram o Dia das Mães.
PenPack - Um novo conceito para consumir condimentosMarcu's Freitas
1. El documento presenta un proyecto para empaquetar sacos de manera más eficiente y sostenible.
2. El proyecto consiste en el desarrollo de un empaque que minimice los problemas relacionados con el consumo de condimentos, normalmente encontrados en los sacos actuales, proporcionando mayor comodidad y seguridad a los consumidores durante la alimentación.
Mr.Tulsi Tanti's speech at the BRICS 2014 Summit on ‘Economic Integration-Cha...Suzlon Group
Summary of the Speech Presented by Mr. Tulsi Tanti, Suzlon Group on ‘Economic Integration-Challenges for Sustainable Growth’ at BRICS Business Forum July 14, 2014
The growing importance of emerging economies, along with the increasing integration of the global economy and financial markets, underscore the importance of broadening the scope of international economic and financial co-operation.
The establishment of G20, comprising around 90 per cent of the global GDP, 80 per cent of the world trade and more than two-third of the world’s population, recognized considerable changes in the international economic landscape.
The G20 plays a vital role in supporting globalization, development of domestic financial markets, regional economic integration, demographics and resource security. Independent business associations from G20 countries formed a coalition named as Business 20 (B20). The coalition acts a bridge between government and business communities of the G20 countries.
The November 2014 edition of the Multilateral Newsletter highlights the key deliberations made at the G20 and B20 Summits. In addition, it covers key points of major happenings from the recently held ASEAN Summit in Nay Pyi Taw, Myanmar.
Read the Newsletter for more information with reference
India @ G20 : A Primer on Priorities
Economic growth, industrialization, infrastructure and access to energy provide the foundations of development
for any growing economy.
‘Building Resilience’ is the prime objective of the G20 and with this in mind this grouping has set itself the
task of increasing the stability and resilience of economies, and thus of the global economy as a whole. Global
economic growth had taken quite a blow in recent times and therefore become much weaker overall than it
did after previous economic downturns. As a result, public and private debt across various regions, Central
banks’ interest rates got negatively impacted in many G20 countries. Structural reforms in G20 countries, with
focus on fiscal and monetary policies are the key to stability and long-term sustainability.
With the General Elections coming up in April-May, political parties are drafting their manifestos taking into account the perspectives of all stakeholders, including industry. As Indian industry plays a vital role in nation-building, CII undertook a wide-ranging consultative process to prepare a suggested Election Manifesto for consideration of political parties, in the context of subdued GDP growth outlook.
The mission statement of CII’s Suggested Election Manifesto is to ‘Empower All Indians to Build an Inclusive, Developed and Secure Nation’.
We have subsequently had detailed interactions with several Political parties with our suggestions, for their consideration.
This issue of Policy Watch focuses on the suggested Election Manifesto for Political Parties.
India’s engagement at multilateral forums has significantly increased over the last one decade. It has been playing a constructive role in forums like G-20 (B-20) which has been deliberating on critical issues of global economic and trade governance post the financial crisis. Besides this, India has also joined the grouping like IBSA and BRICS, which again are playing an important role in current global scenario.
CII complements the Government of India’s enhanced engagement with East and Southeast Asia, Africa and Latin America. In recent years, Indian industry too has started taking keen interest on these issues and is looking outward, slowly emerging as one of the significant sources of global investment. CII in association with its partner business associations has formed a Business 20 alliance to feed business inputs into the G-20 discussions on issues which are of direct interest to them.
Through this newsletter, CII hopes to provide an insight to all such multilateral and regional engagements of India and Indian industry.
The BRICS leaders met on the margins of the G20 summit in Hamburg, Germany to discuss international economic cooperation. They recognized that global growth is increasing but risks remain. BRICS and other emerging markets are the main drivers of growth. The leaders committed to using fiscal and monetary policy to strengthen emerging economies and support inclusive growth. They also pledged to work towards implementing the Paris climate agreement and 2030 sustainable development goals. Looking ahead, the leaders expressed support for China's chairmanship of the BRICS group and looked forward to the 9th BRICS summit in Xiamen.
This document is the budget speech for 2017-18 by the Minister of Finance of India, Arun Jaitley. It discusses 10 themes for the upcoming budget: farmers, rural population, youth, poor and underprivileged, infrastructure, financial sector, digital economy, public service, prudent fiscal management, and tax administration. For farmers, the budget aims to double their income in 5 years by increasing credit availability to 10 lakh crores for agriculture and expanding crop insurance coverage.
This document provides an introduction and summary of the Union Budget of India for 2017-2018. It discusses the key priorities and reforms of the current government over the past 2.5 years including controlling inflation, replacing sluggish growth with high growth, and launching a war on black money. It summarizes the global and domestic economic outlook and challenges. It highlights two major economic reforms - the passage of GST and the demonetization of high value currency notes. The document argues that these reforms will have an epoch making impact on the Indian economy and lives of citizens by reducing corruption, increasing digitization, and formalizing the economy.
FICCI reacted to several developments:
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- February trade data showing a decline in exports across many sectors.
- Passage of the Mines & Minerals and Coal Bills, saying it will foster competition and transparency.
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The document discusses regional integration in South Asia, highlighting both opportunities and challenges. It notes that South Asia has strong economic growth potential due to its large consumer base and workforce, but faces challenges like poverty, low incomes, and underdeveloped agriculture and industry. To overcome these challenges, the document argues that increased regional trade, investment, and cooperation are needed to create regional value chains and boost development. It recommends adopting economic reforms and improving connectivity to leverage South Asia's resources and drive growth that reduces poverty across the region.
This edition of the Newsletter highlights the key deliberations made at the 21st edition of the Partnership Summit 2015 held from 15-17 January 2015 in Jaipur, Rajasthan.
In addition, it covers key highlights from the address of the UN Secretary General, Ban Ki Moon and World Bank President, Jim Yong Kim at Vibrant Gujarat Summit held from 11-13 January 2015 in Ahmedabad, Gujarat.
The Newsletter covers key happenings from ASEAN, Asian Development Bank (ADB) and the World Bank as well.
CII Multilateral Newsletter July edition outlines the highlights of the key discussions of G20 Summit and the testimonials made by B20 members as well as the developments in the Association of Southeast Asian Nations (ASEAN), World Bank, Asian Development Bank (ADB) and the Asian Infrastructure Investment Bank (AIIB).
The Turkish G20 presidency will focus on three pillars: strengthening global recovery and lifting potential growth, enhancing resilience, and buttressing sustainability. Key priorities include boosting investment, increasing employment, promoting trade, completing financial regulations, and supporting development goals. Outreach efforts will broaden participation, and key meetings will be held throughout 2015, culminating in the Leaders' Summit in November.
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The document summarizes the fiscal year, noting steady economic growth despite global uncertainties and challenges. Inflation declined but remains a concern, and priorities include sustaining high growth, inclusive development, and improving institutions. Fiscal consolidation has been impressive but implementation gaps and quality of outcomes pose challenges that need attention.
PM delivered a speech at the 85th annual general meeting of FICCI outlining key themes. He acknowledged that while India experienced strong growth reaching nearly 9% annually from 2003-2008, the global economic downturn and domestic issues slowed growth to around 5.5-6%. However, the government is committed to accelerating inclusive growth through various economic reforms and social programs. Key reforms include direct cash transfers to beneficiaries using Aadhaar identification, increasing investment and savings, reducing subsidies, correcting energy pricing, and liberalizing FDI policies to address fiscal and current account deficits and revive the economy. The PM expressed confidence that these measures will help restore growth momentum and put India back on a path of 8-9% annual
This document is the budget speech for 2011-2012 by Pranab Mukherjee, Minister of Finance in India. Some key points:
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Tulsi Tanti's Speech at The BRICS 2014 Summit - Full Speech
1. The Complete Speech Presented by Mr. Tulsi Tanti, Suzlon Group on 'Economic
Integration-Challenges for Sustainable Growth' at BRICS Business Forum July 14, 2014
Mr. Carlos Abijaodi, Director of Industrial Development, CNI
Mr. Brian Molefe, Group Chief Executive, Transnet SOC Limited
Mr Veni Shone, CEO (Brazil), Huawei Technologies Limited
Mr. Rustem Khamitov, President of the Republic of Bashkortostan
Chairmen and Members of the BRICS Business Council
Senior Industry Representatives from across BRICS countries
Senior Government Officials
Members of Media
Ladies and gentlemen
A very good afternoon to all of you,
I am indeed honored, as I stand before you, representing the Indian business community
and for being given this platform to share my thoughts and perspectives on a significant
topic for us- the BRICS nations.
The theme for this session is ‘Economic Integration – Challenges for Sustainable Growth.
I believe this is a very pertinent topic especially for the BRICS nations primarily for two
reasons.
First and foremost, the region needs to reestablish it’s prominence as a primary driver of
the global economy.
A decade ago the BRICS countries were applauded for their high growth rates and their
contribution to the global economy.
Although, the BRICS markets have weathered the global economic crisis reasonably well,
the fortune of these economies has also taken a nosedive, eroding the achievements we
have made over the years.
The BRICS now need concerted efforts to recapture her leadership position in the post
crisis global economy.
The second reason being, given that the world economy is currently in a state of
uncertain growth, BRICS have to look towards regional and domestic drivers for
2. regaining and sustaining the growth momentum.
Therefore the need of the hour for the BRICS nations and its political leadership is to
foster larger regional integration and adopt sustainable growth agenda which will be
rewarding to us in the future.
Today ‘sustainable growth’ is at the forefront on the agenda of most governments and
also corporates where businesses are keen to positively contribute to society and the
environment.
I am thankful to the summit organizers for giving me this topic and I would like to unfold
this topic in five parts.
I
To start with, I would like to reflect on the growth experience of the BRICS economies
during the crisis period and their potential for playing a pivotal role globally in the post
recovery scenario.
The global economy is finally showing signs of recovery, but requires immediate
attention.
The return of confidence in the financial markets and businesses globally helps very well
for the resurgence of the BRICS nations.
BRICS countries together make up 43% of the world population and hold a combined
GDP of 26 trillion dollar in purchasing power parity terms making it a formidable
economic alliance.
They have collectively contributed 36% of the global growth in 2013 and are still among
some of the healthiest of the world’s largest economies.
The BRICS possess immense natural resources, well-organized industrial base and
professional human resources.
While each nation in the region followed their own growth trajectory, all have very
favorable demographics for next 20 years and enormous growth prospects.
Sixteen years from now, half the global stock of capital, totaling 158 trillion dollars
BRICS has the potential to overtake G7 in the next ten years. I am very clear about our
future growth & prosperity of the region.
3. After having addressed our potential, we need to also reflect on the experiences of the
BRICS economy during the crisis period and the lessons learnt by us for shaping the
future.
The prolonged growth deceleration, the reversal of capital flows that led to equity
market losses and currency depreciation and loss of business confidence have really
exposed the vulnerability of the BRICS economy to sustain and grow as a region.
The policy challenge for the BRICS region is how to sustain a rapid and economic growth
driven by both external and domestic markets in a sustainable and more balanced way.
Hence, decisions arising from this summit will have far reaching impact on the future of
the BRICS region and will reinstate the fabric we stand for.
II
I wish to now focus on Point II, i.e. the Indian perspective and the influence it can have in
shaping the sustainable development agenda of the BRICS.
After witnessing a great economic growth of close to 9% during 2003-2008, the Indian
economy too experienced growth deceleration due to both global and domestic factors.
Declined growth during the last two years was broad based, affecting the industry sector
badly. Inflation too consistently has been above the comfort zone providing no room for
easy liquidity.
Fortunately, there is now revival of economy being seen in the past few months. The
Indian economy has begun to stabilize linked to recovery in the global economy with
moderation in inflation rate.
The landmark development is that the Indian citizens have voted for a stable and
decisive government for the next five years under the leadership of our Hon. Prime
Minister Mr. Narendra Modi.
The new government has singled out clear goals and priorities for the economy in the
short as well as medium term.
The concept of ‘minimum government maximum governance’ has put into action with
the synchronization of various ministries.
Since then, several executive changes have been announced to fast-track decision
making, most important being the go-ahead for online environmental clearances.
4. The Indian Budget presented last week has laid out measures to speed economic revival
and laid the road map for reaching 7 to 8% growth rate.
According to the economic survey released by the Indian government, it is expected that
the Indian economy is likely to grow in the range of 5.4 to 5.9 %in 2014-15 reversing the
downward trend of below 5% GDP.
We expect that stabilization in inflation will benefit the monetary policy stance and will
revive the confidence of investors.
The new government is encouraging FDI across all sectors, massive investment in
infrastructure, energy, renewable and manufacturing thereby stimulating both
consumption and the investment cycle.
The budget also has also put special emphasis on tapping renewable energy, particularly
on wind energy to achieve energy independence.
The new government has set a target to build 100 smart cities and outlined an ambitious
road map for massive modernization and expansion in the railway network.
All these targets and initiatives will help in a period of high economic growth and
sustainable development creating enormous opportunities for business community in
the region.
We strongly believe India can play a key role in advancing the agenda of the BRICS
nations and help shape a framework for greater integration and sustainable growth of
the region.
III
I wish now to focus on point no III, Having introspected on BRICS and India in macro
context, I would like to recommend a five point agenda for the consideration of our
summit leaders present here.
In my view these are crucial for achieving sustainable development.
i) BRICS nations need to promote ‘greater regional integration’.
BRICS should aim for doubling the trade volumes and investment within the region in the
next five years.
There exist huge opportunity for increase in regional trade, investment, technology flow
5. and movement of people.
We need to map sector wise prevailing tariff and non tariff barriers and roadblocks and
further take immediate steps to remove them.
It is important that BRICS nations provide for preferential market access and goods
conditions for doing business and promote investment with a view to maximize mutual
benefits.
Integration is key for job creation and for rapid and sustainable growth.
ii) Set out a ‘clear agenda on sustainability’.
Sustainability is core to my heart and I have been in the business of providing sustainable
solutions for the last 20 years.
It is essential to note that sustainability and economic development are harmonious and
can coexist.
BRICS nations having a relatively young population which growing and expected to touch
4 billion by 2030.
Meeting the BRIC’S future demand for material, energy, food and water, will be the
greatest challenge of this century.
What’s alarming is that we have already entered an era of unsustainable resource
consumption resulting into huge economic, social and environmental risk.
The governments of BRICS nations need to integrate the sustainability agenda into every
stage of economic policies and practices.
Promotion of renewable energy, food security, bio diversity, resource efficiency and
energy efficiency are essential for sustainable development. Europe which has adopted a
“20-20-20”policy aims to reduce 20% in greenhouse emissions in the EU, raise the share
of EU energy consumption produced from renewable resources to 20% and seeks to
achieve a 20% improvement in energy efficiency by 2020.
Can we pledge a “30-30-30” by 2030 policy for BRICS economy, when we are the most
vulnerable on the natural resource related pressures?
I view sustainability as working towards shared prosperity and inclusive growth.
The cooperation and coordination by BRICS nations in achieving the Millennium
6. Development Goals is crucial for sustainable development.
iii). Strengthening of our financial architecture and banking institutions’.
BRICS region needs Trillions of dollars of investment in the 20 years. No doubt because of
prudent policies followed by central banks, BRICS financial markets and the banking
sectors have remained resilient during the global financial crisis.
We need further deepening of the financial markets and integration across countries.
We are fortunate that most of our countries have a reasonably high savings rate.
The challenge is to convert such savings into investments particularly in the
infrastructure space and building smart cities.
It is thus important to share experiences.
In this regard, the early launch of BRICS development bank with a contingency reserve
arrangement of $ 100 billion as a safety net is a welcome measure.
Every effort is required to develop capital markets, corporate bond markets, and
institutions to fund and provide long term large scale funding of projects at competitive
rates for businesses in the BRICS regions.
Also we need risk bridging instruments and solutions to mitigate country and currency
risk so as to access and attract FDI from the matured financial markets for the benefit of
this region.
iv. ‘Driving innovation and technology’
In many of our countries, growth has largely been led by tapping natural resources,
capital investment and adding to the work force.
We need to accelerate our productivity levels with the main objective of catching up
with matured markets for which a strong emphasis on innovation and technology need
to be in place.
Countries like Russia are great examples for promoting innovation for others to follow.
Each BRICS country has their own areas of technical knowhow which we need to share.
We should thus share the best practices amongst each other I view the value of
technology both in terms of economic impact as well as a solution to uplift the bottom of
the pyramid.
The best example of technology, from my own experience the cost of wind energy today
7. is at par with conventional and some places cheaper than conventional energy.
I request the BRICS leaders to create conditions for technological collaborations and
exchanges within the region to provide cost effective sustainable solution to address all
our social and economic challenges.
v. Shaping the global agenda’ We are now part of a Globalised world. BRICS nations must
assume a leadership role in the global economic and political governance to participate
and partner in creating shared prosperity for all.
There is immense scope for engagement and cooperation across various platforms such
as G20, WTO, UNFCC, WHO, on important pressing themes such as climate change,
energy security, food security and geo political stability.
The BRICS nations should strive for enhanced cooperation and cohesive engagement to
provide a balanced perspective for the multi lateral framework and agreement.
Ladies and Gentleman, we believe that these are the five key areas that the BRICS
nations need to give thrust. The Indian business community is looking forward to
collaborations with BRICS governments in converting these into initiatives and making it
a reality.
IV
Finally I would like to make specific recommendations in certain areas of cooperation in
business, trade and investment.
I. Agriculture and food security.
II. Infrastructure and Mining.
III. Information Technology, Biological Science, Space Exploration, Healthcare and
Innovation
IV. Energy Security & Sustainable Job creation.
Most BRIC economies are traversing the path of a new energy architecture embracing
wind, solar and other forms of clean energy sources.
It is thus important that we thrive to achieve energy security at all costs, and also create
sustainable job creation too. Many Indian and Chinese companies are now global players
including my company in providing the clean energy technology solutions for massive
deployment.
Companies from these segments must therefore look at partnering with each other.
8. There exist specific opportunities for Russia, South Africa , Brazil to take the benefit out
of this if the clean energy market is opened up and BRICS companies are incentivized.
Energy is going to be the biggest sector of opportunities in the future, not only in clean
energy sources but also in gas pipeline, shale gas, oil exploration, smart grids and nuclear
energy efficiency.
Arrangements such as these will provide India and China assured energy supplies and
provide Russia a captive and growing market for one of its key resources.
Companies from these countries can also undertake joint projects in offshore oil
exploration, development and refinement in home countries as well as third countries.
Russia can also help by sharing its expertise and technologies for reviving and improving
productivities of matured fields in India and China.
India can also share its homegrown experience of wind energy (on-shore& off-shore
technology) to the entire BRICS geographies.
In a nutshell, both BRICS countries should push renewable energy companies of India &
China to go global, while bio-fuel should be made global from Brazil as an example.
--- To sum up….
We need collective actions and coordinated concrete efforts to make the above ideas
and opportunities a reality.
We must work tirelessly with our BRICS counterparts and forge stronger partnerships to
deliver prosperity and progress to our people.
The BRICS Business Council, which was set up last year, is looking at various ideas.
I am happy to be associated with this effort and would like to thank all the Chairmen
from the five Chapters and especially my good friend Mr. Onkar Kanwar from India,
under whose leadership the Indian delegation has joined here today.
Before I close, I would like to thank all those who have worked hard overtime to give
shape to this.
I am confident that when the economic sun is setting in many part of the world, our
region will be shinning with regional coexistence and prosperity.
Thank you and best wishes from India.