Culture Profile India Jázmin Kovács Attila Erd ő s Nikoleta Ladicsová Matthias Schmidt Noémi L ő rincz

Topics 1.General informations about India 2.India’s economy 3.Hofstede 4.Cultural ediquette 5.Conclusion Ganesha – Hindu God of Success

Global India Population: 1.2 billion 2 nd most populous country multi-ethnic society 80 % are Hinduism

Facts Capital: New Delhi 7000 km Most-populated city: Mumbai (Bombay) 18,5 million

Political system Federal constitutional republic a multi-party system world's most populous democracy government support foreign investment

Law of India independent judiciary basically drawn from the British Legal System adhere to the UN guidelines on human rights law certain international trade laws are also enforced

Corruption in India 94th with a score of 36 organisations created that fight against corrupt government slight improvement

One of the fastest growing economies Huge manpower, diversified natural resources Economic reforms – 1991 Optimistic growth Strong macro-economic fundamentals

Major problems Population explosion Poverty – 360 M people below the powerty line Unemployement – increasing pop. Pressing hard on economic resourses Rural urban divide - 70% of the Indian pop. living in villages

Economy in the future 4th largest producer of electricty and oil products 4th largest importer of coal and crude-oil in the world Coal and oil account for 66% of the energy consumption of India Significant global interest in the Indian econ. Great potential of growth in the next few years and decades

Hofstede

Cast system in India

Cultural Etiquette Meeting and Greeting Body Language Dress Corporate Culture Gifts Especially for Women Helpful Hints

Conclusion outsourcing destination to reduce the cost-base large number of highly educated graduates earnings lower than in Hungary rapidly growing middle class “world’s largest” market for goods and services in future

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