EU-INDIA TRADE & INVESTMENT DEVELOPMENT PROGRAMME (TIDP) A JOINT PROGRAMME OF DEPARTMENT OF COMMERCE, MINISTRY OF COMMERCE & INDUSTRIES GOVERNMENT OF INDIA AND THE EUROPEAN UNION DELEGATION OF THE EUROPEAN COMMISSION TO INDIA, NEPAL AND BHUTAN
EU-INDIA TIDP- BASIC DATA Programme size: Euro 13.350 million EU contribution: Euro 12.733 million GoI contribution (in kind): Euro 0.617 million Start date: 15 December 2005 Completion date: 31 December 2007
TIDP: FDIs into INDIA FDI Inflow (Aug 1991- March 2007) US $ 54.628 billion EU s share 19.20% FDI inflow in last 3 years(03-04 to 05-06) US $. 11.93 billion FDI inflow April 06-March07 (estimated) US $ 15.726 billion EU FDI in India as in percentage 0.02% EU s Total FDIs EU investment limited to a few large EU members like UK, Germany, Netherlands,France,Italy,Sweden
NET EU INFLOW TO INDIA (Euros in Million) 1999 2000 2001 2002 2003 EU FDI to India 817 871 420 951 818 India FDI to EU 25 83 84 136 598 EU FDI income from India EU net flow to India 335 594 633 974 700 457 194-297 -159-480 (EU FDI Yearbook 2005)
TIDP - TRADE India s merchandise export : US $ 102.71 billion (2005-06) EU s Share : 26.7% India s merchandise import : US$ 132.42 Billion (2005-06) EU s Share : 19.40% Major Export Products : Leather, Textiles, Gem & Jewellery, Pharmaceuticals & Chemicals Top 5 EU Importers : UK, Germany, Belgium, Italy, France Major import products : Precious Stones, Capital Goods, Electronics, Gold & Silver, Chemicals
EU-INDIA TIDP WHY INVEST IN INDIA? Impressive growth rate: 8 % p.a. Rising middle class Global trade becoming an instrument of economic development Competitive manufacturing hubs Emerging knowledge industries IT, Pharma, Biotech, R&D Improving infrastructure an area of opportunity Good Banking & Financial Infrastructure. Progressive Trade and investment policy
TIDP: WHY INVEST IN INDIA? Strong democratic set up Independent judiciary Technical education infrastructure Good law & order English widely understood
EU-INDIA TIDP Major Concerns Quality, especially of food & agricultural products exported Fear of infringement of Intellectual Property Rights: Patents, Copyrights, Designs Procedural delays in customs and other government departments Lack of reliable information on policy, procedures and incentives
Overall EU-INDIA TIDP OBJECTIVES To assist India build an economic environment to enhance its trade and investment performance vis-à-vis the EU Specifics Upgrading regulatory infrastructure and inspection system to meet WTO/EU requirements Enhancing training and capacity building on multilateral trade and investment aspects Facilitating foreign direct investments
GTZ IS GERMANY OVERALL TECHNICAL ASSISTANCE TEAM EFFICIENT IMPLEMENTATION GTZ-IS GERMANY IPR COMPONENT ISSUES CONCERNING PATENT, TRADE MARKS DTI & ASSOCIATES DENMARK SPS/TBT Component QUALITY OF FOOD ARTICLES EU-INDIA TIDP MAXWELL STAMP, LONDON CUSTOMS TRAINING CUSTOMS DELAYS PwC NEW DELHI INVESTMENT FACILITATION DESKS LACK OF INFORMATION MULTIPLE AGENCIES ICON INSTITUTE, GERMANY TRADE PORTAL (ITPO) LACK OF RELIABLE INFORMATION SINGLE SOURCE
EU-INDIA TIDP - MANAGEMENT Department of Commerce Ministry of Commerce and Industry Implementation Agency EC Delegation to India, Bhutan and Nepal Participate Establish & chair Programme Steering Committee (PSC) Inform/ report Policy guidance Components 1-5 Overall guidance/ coordination and monitoring Consults with TIDP Overall Technical Assistance Team (OTAT) Cooperation/ exchange Multilateral and bilateral development organizations Beneficiary organizations Backstopping GTZ headquarters in Germany for technical, managerial and administrative backstopping GTZ New Delhi office for logistical and administrative backstopping
EU INDIA TIDP DELIVERABLES Upgraded infrastructure for testing of food, agricultural & other products for export to the EU Equipment on way / training ongoing Capacity building in human resources - ongoing One-stop investment facilitation desks at Chennai, Delhi, Kolkata & Mumbai established and operational FICCI & CII cooperating agencies Trade portal at ITPO, New Delhi to provide relevant information to investors from India and the EU under upgradation India s infrastructure for IPRs further strengthened through training, studies, data base upgradation; emphasis on strengthening
EU-INDIA TIDP THANK YOU