Title: Introduction to Export / Import : Assessing export readiness of your firm
1- Introduction to Export / Import Assessing
export readiness of your firm - Dr. Vijaya Katti
- Chairperson (MDPs)
- Indian Institute of Foreign Trade
- New Delhi
For Niryat Bandhu Scheme (Session on 17.5.2016)
2Coverage
- What is meant by exports?
- Legal definition
- Why to export? Who can export?
- International trade scenario and Indias position
in global trade - Product specific specialties
- Demand of pattern of specific export market
specific products - Global market and possibilities of exports
- How to assess your export readiness?
3What is meant by export? - Legal definition
4Concept of Export
- The term export derives from the conceptual
meaning as to ship the goods and services out of
the port of a country. - The seller of such goods and services is referred
to as an exporter who is based in the country
of export whereas the overseas based buyer is
referred to as an importer. - In International Trade, export refers to
selling goods and services produced in the home
country to other markets. - In very simple terms, export may be defined as
the selling of goods to a foreign country.
However, As per Secion2(e) of the India Foreign
Trade (Development Regulations) Act (1992), the
term export may be defined as an act of taking
out of India any goods by land, sea or air and
with proper transaction of money.
5Why Export- Reasons for Export
- There are many good reasons for exporting. Some
of the motives of export are given below - The first and the primary reason for export is to
earn foreign exchange. The foreign exchange not
only brings profit for the exporter but also
improves the economic condition of the country. - Secondly, companies that export their goods are
believed to be more reliable than their
counterpart domestic companies assuming that
exporting company has survived the test in
meeting international standards. - Thirdly, free exchange of ideas and cultural
knowledge opens up immense business and trade
opportunities for a company. - Fourthly, as one starts visiting customers to
sell ones goods, he has an opportunity to start
exploring for newer customers, state-of-the-art
machines and vendors in foreign lands. - Fifthly, by exporting goods, an exporter also
becomes safe from offset lack of demand for
seasonal products. - Lastly, international trade keeps an exporter
more competitive and less vulnerable to the
market as the exporter may have a business boom
in one area while simultaneously witnessing a
bust in a different area.
6Who can export?
- Any one who wants to do something different
- Anyone who wants to enter in a profit zone
- Anyone who has assessed his readiness to enter in
new field try his luck - Anyone who is willing to take risk
- Anyone who is constantly updating himself on
global business environment
7Planning for Export
- The organization should plan well before
exporting as to what product to be exported,
where to be exported etc. The organization should
also evaluate the export potential of a company.
The main objective of a typical export plan
should be to identify - The objectives of exporting
- Lists of activities to undertake to achieve those
objectives - Mechanism for review and
- Activities to help focus on goals
8Contd..
- Successful exporters agree that your ability to
become an accomplished international traders
depends largely on how you
Make every penny count
Dig out every penny due to you from the system,
by making best use of available opportunities,
policies and schemes
9Contd..
- Information on the above subject is spread across
numerous websites and documents produced by the
Trade Ministries of various countries (For FTA,
GSP, Customs duty), DGFT, Customs, RBI, Central
Excise, Banks, WTO, Other international bodies. - You do not need to understand everything
available, but how do you know what to miss.
Information Overload makes impossible demand on
your resources and time.
10Contd..
- The course you have enrolled provides straight
answers to innumerable questions asked by the
exporters as they launched, developed and grew
their business. It is a one stop access to
information scattered across 100s of websites,
manuals, and schemes and covers basic
essentials for starting your business endeavor.
11International Trade Scenario
- Global growth declined in the first half of 2015,
reflecting a further slowdown in emerging markets
and a weaker recovery in advanced economies. - It is now projected at 3.1 percent for 2015 as a
whole, slightly lower than in 2014, and 0.2
percentage point below the forecasts in the July
2015 World Economic Outlook (WEO) Update. - Prospects across the main countries and regions
remain uneven. Relative to last year, growth in
advanced economies is expected to pick up
slightly, while it is projected to decline in
emerging market and developingeconomies. - With declining commodity prices, depreciating
emerging market currencies, and increasing
financial market volatility, downside risks to
the outlook have risen, particularly for emerging
market and developing economies.
12Contd..
- Global activity is projected to gather some pace
in 2016. In advanced economies, the modest
recovery that started in 2014 is projected to
strengthen further. - In emerging market and developing economies, the
outlook is projected to improve in particular,
growth in countries in economic distress in 2015
(including Brazil, Russia, and some countries in
Latin America and in the Middle East), while
remaining weak or negative, is projected to be
higher next year, more than offsetting the
expected gradual slowdown in China.
13The World Economy in Recent Months
- Growth in advanced economies in the first half of
2015 remained modest. - For most emerging market economies, external
conditions are becoming more difficult. - Financial market volatility rose sharply during
the summer, with declining commodity prices and
downward pressure on many emerging market
currencies. - Capital inflows have slowed, and the lift off of
U.S. policy rates from the zero lower bound is
likely to herald some further tightening of
external financial conditions. - And while the growth slowdown in China is so far
broadly in line with forecasts, its cross-border
repercussions appear larger than previously
envisaged.
14Global Outlook for 2015-16
- Global growth is projected to decline from 3.4
percent in 2014 to 3.1 percent in 2015, before
picking up to 3.6 percent in 2016. - India is projected to remain strong. These
developments more than offset the projected
continuation of the slowdown in China.
15Global Outlook for the Medium Term
- Global growth is forecast to increase beyond
2016, entirely reflecting a further pickup in
growth in emerging market and developing
economies. - This pickup reflects two factors.
- The first is the assumption of a gradual return
to trend rates of growth in countries and regions
under stress or growing well below potential in
201516 (for example, Brazil and the rest of
Latin America, Russia, and parts of the Middle
East). - The second factor is the gradual increase in
theglobal weight of fast-growing countries such
as Chinaand India, which further increases their
importance asdrivers of global growth.
16Contd..
- Elsewhere in emerging and developing Asia,
Indias growth is expected to strengthen from 7.3
percent this year and last year to 7.5 percent
next year. - In India, inflation is expected to decline
further in 2015, reflecting the fall in global
oil and agricultural commodity prices.
17Policies to Foster Growth and Manage
Vulnerabilities in Emerging Market and Developing
Economies
- In India, near-term growth prospects remain
favorable, and the decrease in the current
account deficit has lowered external
vulnerabilities. - The faster-than expected decline in inflation has
created space for considering modest cuts in the
nominal policy rate, but the real policy rate
needs to remain tight for inflation to decline to
the inflation target in the medium term, given
upside risks to inflation. - Several years of downgraded medium-term growth
prospects suggest that it is also time for major
emerging market economies to turn to important
structural reforms to raise productivity and
growth in a lasting way. Although the slowing in
estimated total factor productivity growth in
major emerging market economies is partly a
natural implication of recent progress in
convergence.
18Condt..
- The concern is that potential output growth has
become too dependent on factor accumulation in
some economies. - The structural reform agenda naturally differs
across countries, but it includes removing
infrastructure bottlenecks in the power sector
(India, Indonesia, South Africa) easing limits
on trade and investment and improving business
conditions (Brazil, Indonesia, Russia) and
implementing reforms to education, labor, and
product markets to raise competitiveness and
productivity (Brazil, China, India, South Africa)
and government services delivery (South Africa).
19Indias Position in Global Trade
20India's Top 10 Export Destinations
Values in US Million Sorted on year 2014-2015
S.No. Country 2013-2014 Share 2014-2015 Share Growth 2015-2016 (Apr-Sept)
1 U S A 39,142.10 12.4496 42,448.66 13.6782 8.45 20,780.17
2 U ARAB EMTS 30,520.42 9.7073 33,028.08 10.6426 8.22 15,450.35
3 HONG KONG 12,731.74 4.0495 13,599.88 4.3823 6.82 6,289.63
4 CHINA P RP 14,824.36 4.715 11,934.25 3.8456 -19.5 4,534.62
5 SAUDI ARAB 12,218.95 3.8864 11,161.43 3.5965 -8.65 3,461.59
6 SINGAPORE 12,510.54 3.9791 9,809.36 3.1609 -21.59 3,429.78
7 U K 9,779.07 3.1103 9,319.73 3.0031 -4.7 4,566.35
8 GERMANY 7,515.81 2.3905 7,537.34 2.4287 0.29 3,524.50
9 SRI LANKA DSR 4,534.35 1.4422 6,703.72 2.1601 47.84 2,792.41
10 BANGLADESH PR 6,166.93 1.9615 6,451.47 2.0788 4.61 2,809.72
India's Total Export 3,14,405.30 3,10,338.48 -1.29
Source Export Import Data Bank, Ministry of
Commerce Industry, Govt. of India
21India's Top 10 Import Destinations
Values in US Million Sorted on year 2014-2015
S.No. Country 2013-2014 Share 2014-2015 Share Growth 2015-2016 (Apr-Sept)
1 CHINA P RP 51,034.62 11.336 60,413.17 13.4841 18.38 31,625.41
2 SAUDI ARAB 36,403.65 8.0861 28,107.56 6.2735 -22.79 10,890.55
3 U ARAB EMTS 29,019.82 6.446 26,139.91 5.8344 -9.92 10,578.96
4 SWITZERLAND 19,311.01 4.2894 22,133.16 4.9401 14.61 10,276.01
5 U S A 22,505.08 4.9989 21,814.60 4.869 -3.07 10,446.27
6 INDONESIA 14,748.30 3.2759 15,004.64 3.349 1.74 6,775.40
7 QATAR 15,707.99 3.4891 14,604.71 3.2597 -7.02 4,841.14
8 IRAQ 18,520.86 4.1139 14,247.66 3.18 -23.07 6,192.47
9 NIGERIA 14,097.84 3.1315 13,682.97 3.054 -2.94 5,768.41
10 KOREA RP 12,470.60 2.77 13,529.11 3.0197 8.49 6,651.28
 India's Total Import 4,50,199.79  4,48,033.41  -0.48
Source Export Import Data Bank, Ministry of
Commerce Industry, Govt. of India
22Top 10 Commodities of India's Exports
Values in US Million Sorted on year 2014-2015
S.No. HSCode Commodity 2013-2014 Share 2014-2015 Share Growth 2015-2016 (Apr-Sept)
1 27 MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION BITUMINOUS SUBSTANCES MINERAL WAXES. 64,685.32 20.5739 57,620.04 18.5668 -10.92 16,278.18
2 71 NATURAL OR CULTURED PEARLS,PRECIOUS OR SEMIPRECIOUS STONES,PRE.METALS,CLAD WITH PRE.METAL AND ARTCLS THEREOFIMIT.JEWLRYCOIN. 41,692.25 13.2607 41,549.72 13.3885 -0.34 19,891.43
3 87 VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK, AND PARTS AND ACCESSORIES THEREOF. 12,933.03 4.1135 14,473.84 4.6639 11.91 7,138.32
4 84 NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES PARTS THEREOF. 12,077.17 3.8413 13,802.85 4.4477 14.29 6,568.76
5 29 ORGANIC CHEMICALS 12,017.17 3.8222 11,948.91 3.8503 -0.57 5,849.96
6 30 PHARMACEUTICAL PRODUCTS 11,140.50 3.5434 11,584.58 3.7329 3.99 6,488.40
7 10 CEREALS. 10,562.89 3.3596 9,550.98 3.0776 -9.58 3,415.78
8 62 ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, NOT KNITTED OR CROCHETED. 8,343.35 2.6537 9,192.14 2.962 10.17 4,718.96
9 85 ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS,AND PARTS. 10,298.51 3.2756 8,696.79 2.8024 -15.55 3,823.28
10 72 IRON AND STEEL 9,223.38 2.9336 8,684.38 2.7984 -5.84 3,177.14
  India's Total Export 3,14,405.30  3,10,338.48  -1.29
Source Export Import Data Bank, Ministry of
Commerce Industry, Govt. of India
23Top 10 Commodities of India's Imports
Values in US Million Sorted on year 2014-2015
S.No. HSCode Commodity 2013-2014 Share 2014-2015 Share Growth 2015-2016 (Apr-Sept)
1 27 MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION BITUMINOUS SUBSTANCES MINERAL WAXES. 1,81,382.59 40.2894 1,56,400.01 34.9081 -13.77 53,738.67
2 71 NATURAL OR CULTURED PEARLS,PRECIOUS OR SEMIPRECIOUS STONES,PRE.METALS,CLAD WITH PRE.METAL AND ARTCLS THEREOFIMIT.JEWLRYCOIN. 58,464.76 12.9864 62,379.92 13.9231 6.7 30,199.73
3 85 ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS,AND PARTS. 29,152.75 6.4755 33,149.35 7.3989 13.79 17,877.52
4 84 NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES PARTS THEREOF. 30,669.15 6.8123 31,730.65 7.0822 3.46 16,266.85
5 29 ORGANIC CHEMICALS 17,044.16 3.7859 17,746.39 3.961 4.15 8,615.26
6 72 IRON AND STEEL 9,109.58 2.0235 12,342.01 2.7547 35.48 5,906.07
7 39 PLASTIC AND ARTICLES THEREOF. 10,104.19 2.2444 11,690.78 2.6094 15.7 6,008.09
8 15 ANIMAL OR VEGETABLE FATS AND OILS AND THEIR CLEAVAGE PRODUCTS PRE. EDIBLE FATS ANIMAL OR VEGETABLE WAXEX. 9,441.75 2.0972 10,670.01 2.3815 13.01 5,253.93
9 99 MISCELLANEOUS GOODS. 8,070.51 1.7927 7,471.64 1.6677 -7.42 4,133.68
10 26 ORES, SLAG AND ASH. 6,560.20 1.4572 7,361.19 1.643 12.21 3,217.53
  India's Total Import 4,50,199.79  4,48,033.41  -0.48
Source Export Import Data Bank, Ministry of
Commerce Industry, Govt. of India
24Direction Of Indias Foreign Trade
- The group of countries to which India Exports are
- - Organisation for Economic Co-operation
Development (OECD) comprising of USA, Canada,
European Union (EU), Australia and Japan. - Organisation of Petroleum Exporting Countries
(OPEC) which includes Kuwait, Iran, Iraq, Saudi
Arabia and others. - Eastern Europe which includes Romania, Russia and
others. - Developing Nations which includes China, Hong
Kong, South Korea, Singapore and Malaysia.
25INDIAS FOREIGN TRADE (MERCHANDISE) November,
2015
- EXPORTS IMPORTS (US Million) (PROVISIONAL)
Source Ministry of Commerce Industry, Govt.
of India
26Sectoral dominance of SSIs in Indian Exports
- The share of SSI Sector in Indian Exports is an
impressive 40. India has Revealed Comparative
Advantage in most of the products exported by SSI
sector. - Following table indicates that SSI contribute to
more than 70 of Indian exports in leather,
Readymade Garments, Wool products, and Sports
goods.
27S.No Sector Share of SSI in relevant Sectoral exports
1. Synthetic Rayon Textile 19
2. Engineering Goods 33
3. Chemical Allied products 33
4. Plastic products 42
5. Basic Chemicals Pharmaceuticals 45
6. Marine Products 47
7. Leather Leather products 70
8. Processed Food 70
9. Readymade Garments 90
10. Wool Woolen products 95
11. Sports Goods 100
28Informal exporting-Export through an elaborate
system of sub-contracting
- A large category of Indian Exporters acts as a
small link in exporting chain, which works on an
elaborate system of subcontracting. - In most cases such firms have no idea of ultimate
buyers (of their products) or their preferences
as they generally sell to a middlemen at
throwaway prices. - Such trends are confirmed by the large enrolment
of merchant exporters in most export promotion
councils.
29- Most of the Indian garments/Leather/Handicraft/Low
Technology Engineering items are produced in
Small and Informal Sector. Over half the Gems
and Jewellery industry in India is concentrated
in the Unorganised Sector and follows a
subcontracting model known as Job Lot Method.
30The emerging Indian Export structure new
players in the game
- A number of factors contribute to the growing
competitiveness of many Indian export sectors. - These include Rise of Indian Mini MNCs, Global
exposure to a large number of Indian Companies
through Export Operations, Easy access to Global
Capital and Conducive regulatory environment. - Indian Mini MNCs and International MNCs play the
role of Anchor companies helping the entire
sector into raising productivity and
competitiveness.
31Rich heritage of various states Natural
endowment Product Specific specialties
32Export Potential of Select StatesGujarat
- One of India's most industrialized states,
Gujarat maintains a variety of industries, the
principal ones being general and electrical
engineering and the manufacture of textiles,
vegetable oils, chemicals, soda ash, and cement.
New industries include the production of
fertilizers and petrochemicals. - Major resources produced by the state include
cotton, peanuts, dates, sugarcane, and petrol.
The state is rich in calcite, gypsum, manganese,
lignite, bauxite, limestone, agate, feldspar and
quartz sand and successful mining of these
minerals is done in their specified areas. - Gujarat produces about 91 of Indias required
amount of6289 soda ash and gives the country
about 66 of its national requirement of salt.
Chemical Industries in Gujarat count for more
than 35 of Indian Chemicals production.
33Maharashtra
- Maharashtra has had a long History in textiles
and Mumbai was the original home of India's
textile mills. - Sugar industry has made considerable progress
specially in the co-operative sector. Maharashtra
is well known for the development of co-operative
sugar industry whereby the farmers acquire a
share in the sugar mills. - Pharmaceuticals, petrochemicals, heavy chemicals,
electronics, automobiles, engineering, food
processing, and plastics are some of the major
industries in the state. Maharashtra is renowned
for the production of three-wheelers, jeeps,
commercial vehicles and cars, synthetic fibers,
cold rolled products and industrial alcohol. - Industrial development in the state is largely
concentrated in the, Pune Metropolitan Area ,
Nashik, Aurangabad and Nagpur. The six important
industries in the state are cotton textiles,
chemicals, machinery, electricals, transport and
metallurgy. Pune is emerging as one of the
largest automobile hubs in the country.
34Karnataka
- Karnataka evolved as the manufacturing hub for
some of the largest public sector industries of
India after independence. Hindustan Aeronautics
Limited which is dedicated to research and
development activities for indigenous fighter
aircraft for the Indian Air Force employs over
9,500 employees making it one of the largest
public sector employers in Karnataka. - Other heavy industries such as National Aerospace
Laboratories, Bharat Heavy Electricals Limited,
Indian Telephone Industries, Bharat Earth Movers
Limited (BEML), Bharat Electronics Limited. - The Karnataka state has many sugar factories in
northern region and also edible oil processing
units. There are many pharmaceutical factories
and textile processing units in state of
Karnataka. The steel producing units of
Kirloskar,Jindal, Kalyani groups are located in
the state. - There is petroleum refinery, Mangalore Refinery
and Petrochemicals Limited ( MRPL ) at Katipalla
in Dakshina Kannada district.There is also
fertiliser factory MCF near New Mangalore
port.There are many roof tile and Beedi
manufacturing firms in coastal districts of the
state.
35Contd..
- Karnataka's net state domestic product is of 47
billion. - Between 19922002, Karnataka attracted the fourth
highest total Foreign Direct Investment approvals
in India, to the tune of Rs.21,566Â million. - Karnataka accounts for one third of India's
Information technology exports. - Agriculture in Karnataka, like most of India,
employs 80 of the population. Agriculture and
its allied activities account for 49 of the
state's income. - Uttara Kanara and Dakshina Kanara are cultivated
with rice and sugarcane. - Coffee and Tea are also grown on the slopes of
the Western Ghats in the district of Kodagu,
Chikmagalur and Hassan. - Karnataka produces 70 of India's coffee, of
which about 50 is exported. - The black soil in the northwest of the state, is
hospitable for the growth of cotton, onion,
course cereal, sunflower and peanuts.
36Contd..
- The forests of the Malnad region produce timber,
bamboo and sandalwood. - Karnataka is the only exporter of sandalwood in
the country. - Most of the world's sandalwood oil is produced in
Karnataka. - All of India's gold comes from the Kolar district
of Karnataka. - Bangalore, the capital of Karnataka, is home to
several public sector undertaking aircraft
companies, such as Hindustan Aeronautics Limited
(HAL), HMT Hindustan Machine Tools, Bharat Heavy
Electronics Limited (BHEL), National Aeronautics
Limited and also Indian Space Research
Organization (ISRO).
37Contd..
- A number of "IT Parks" have been set up by the
Karnataka State Electronics Development
Corporation Limited including Bangalore's
"Electronics City" and IT parks in Mangalore,
Mysore and Hubli. - Bangalore is also home to prestigious higher
institutes of learning such as the Indian
Institute of Science (IISc) and the Indian
Institute of Management (IIM Bangalore). - Hubli-Dharwad is the second largest city in
Karnataka and is one of the 49 Metropolitan
clusters selected by McKinsey Company as growth
hotspots in India. - The University of Agricultural Sciences and the
Karnataka Universities are internationally
acclaimed Universities for the quality of
research and teaching. - Mysore is the third largest and a very important
city in Karnataka. - Being tagged as 'the Heritage City', tourism is a
major economic driver and while it is among the
top tourist attractions in India, it is said to
rank next only to Madame Tussauds in London in
the list of most-visited tourist attractions
receiving more than 3 million tourists per year.
38Contd..
- Mangalore is one of the biggest business centre
in Karnataka. - It is the best city to do business, after the
capital Bangalore. - It is the 13th best business destination in
India. - One of the largest SEZ's in India, the ONGC MSEZ
is in Mangalore, which is currently the fastest
growing non-metro in the south. - Mangalore is one among the only 5 cities in the
country to have both a Major Port and an
International Airport. - Mangalore is one of the top 10 emerging cities of
India for outsourcing. - Udupi the temple city is contributing towards the
higher education with large number of
professional colleges in Manipal. - It is also the home of the famous software
company Robosoft Technologies.
39Andhra Pradesh
- As of June 2013, the state had 39 operational
special economic zones (SEZs). There are 272
Industrial estates and industrial development
areas in the State, covering an area of 14700
hectares. The State Government is in the process
of developing Industrial Parks at different
places, for specific groups of industries like
Visakhaatnam Export Processing Zone. - Food parks, one each in the 2 regions of Coastal
Andhra (value added rice products, dairy,
horticultural, marine etc.) and in Rayalseema
region (processing of vegetables, edible oils and
export oriented industry). Agri Export Zones for
the following produce are proposed at the places
mentioned against them - Red Chilli Guntur district,
- Mangoes Krishna district,
- Mango pulp and fresh vegetables Chittoor
40Tamil Nadu
- One of the global electrical equipment public
sector company BHEL has manufacturing plants at
Tiruchirappalli and Ranipet. The Tamil Nadu state
government owns the Tamil Nadu Newsprint and
Papers (TNPL), the world's biggest bagasse-based
paper mills in Karur as well as the world's sixth
largest manufacturer of watches together with
TATA, under the brand name of "Titan". 40 percent
of all wind-generated electricity in India is
created by windmills in Tamil Nadu. Danish wind
power company NEG Micon has established its
manufacturing unit in Chennai. Tamil Nadu is a
leading producer of cement in India and with
manufacturing units located at Karur,
Tiruchirappalli, Coimbatore and Ariyalur.
High-density PolyEthylene (HDPE) mono filament
yarn and associated products are manufactured in
Karur. - Coimbatore is also referred to as "the Pump City"
as it supplies two thirds of India's requirements
of motors and pumps. The city is one of the
largest exporters of jewellery, wet grinders,
poultry and auto components and the term
"Coimbatore Wet Grinder" has been given a
Geographical indication.
41West Bengal
- Economy of West Bengal, a state in eastern India,
is primarily dependent on agriculture and
medium-sized industry, although services and
heavy industries play an increasingly significant
role in the economy of the state. - State industries are mostly localised in the
Kolkata region, the mineral-rich western
highlands, and Haldia port region. There are up
to 10,000 registered factories in the state and
the West Bengal state government has opened
Shilpa bandhu, a single window agency in order to
provide investors with all kinds of assistance in
establishing and running industrial units. - Calcutta is noted as one of the major centre for
industries including the jute industry. There are
numerous steel plants in the state apart from the
alloy steel plant at Durgapur. The centre has
established a number of industries in the areas
of tea, sugar, chemicals and fertilisers. - Natural resources like tea and jute in and nearby
parts has made West Bengal a major centre for the
jute and tea industries. The state's share of
total industrial output in India was 9.8 in
198081, declining to 5 by 199798. However, the
service sector has grown at a rate higher than
the national rate.
42Madhya Pradesh
- The Matang truck was completely developed and
manufactured by Vehicle Factory Jabalpur. - Madhya Pradesh has 6 Ordnance Factories, 4 of
which are located at Jabalpur (Vehicle Factory,
Grey Iron Foundry, Gun Carriage Factory, Ordnance
Factory Khamaria) and one each at Katni and
Itarsi. The factories are run by the Ordnance
Factories Board, and manufacture a variety of
products for the Indian Armed Forces.
43Haryana
- There are numerous manufacturing companies in the
region. These include Hindustan National Glass,
Maruti Udyog Limited, Escorts Group, Hero,
Alcatel, Sony, Whirlpool India, Bharti Telecom,
Liberty Shoes and HMT. In addition there are more
than 80,000 small-scale industrial units in the
state which cumulatively bring in a substantial
income for the state and its people. Yamunanagar
district has a paper mill BILT, Haryana has a
large production of cars, motorcycles, tractors,
sanitary ware, glass container industry, gas
stoves and scientific instruments. - Faridabad is another big industrial part of
Haryana. It is home to hundreds of large scale
companies like Orient fans (C.K.Birla Group), JCB
India Limited, Nirigemes, Agri Machinery Group
(Escorts Group), Yamaha Motor India Pvt. Ltd.,
Whirlpool, ABB, Goodyear Tire and Rubber Company,
Knorr Bremse India Pvt. Ltd. There are thousands
of medium and small scale units as well, like
Amrit Enterprises, McAma Industries. - Panipat is a city of textiles and carpets. It is
the biggest centre for cheap blankets and carpets
in India and has a handloom weaving industry. The
pickle "Pachranga International" is also well
known. - Rohtak is fast emerging as an industrial town
with industries such as Asian Paints, Maruti
Udyog, Suzuki Motors decided to make Industrial
Model Town, Rohtak their new home.
44Uttar Pradesh
- UP has also witnessed rapid industrialization in
the recent past, particularly after the launch of
policies of economic liberalization in the
country. - There are numerous types of minerals and many
industries have come up based upon these
minerals. - There are a number of cement plants in Mirzapur
in the Vindhya region, a bauxite-based aluminium
plant in the Banda region and Sonbhadra region. - In the hilly regions of the state many
non-metallic minerals are found which are used as
industrial raw materials. Coal deposits are found
in the Singrauli region.
45Punjab
- The state has essentially an agrarian economy
with a lower industrial output as compared to
other states of India. - A prominent feature of the industrial scenario of
the Punjab is its small sized industrial units. - There are nearly 194,000 small scale industrial
units in the state in addition to 586 large and
medium units. Ludhiana is an important centre for
industry. - In the 1980s there was a chance of a Hero Honda
and Maruti Suzuki plant to be set up in Ludhiana
but due to some circumstances of terrorism it was
cancelled.
46Contd..
- Important industries
- The industrial units in the state are broadly
divided into three- - Agro-based industrial units
- Machinery units
- Chemical units
- In addition there are units in
- Textile industry
- Sugar industry
- Dairy industry
47Himachal Pradesh
- Ecology has been given importance in the state
during the last few years. Industries becoming
the cause of water or air pollution are not
encouraged. Every industrial project has to be
passed by the clearance of the Environment
Protection Organization before its establishment.
- Himachal is facing a number of difficulties in
the advancement of industries. Lack of means of
dependable transport and poor accessibility was
one of the major drawbacks. - Other problems faced by the state were the poor
mineral resources, non-availability of
infrastructure and communication facilities,
shortage of capital and lack of modern skills. - The only plus point of the state was the ample
availability of electricity.
48Rajasthan
- Rajasthan is pre-eminent in quarrying and mining
in India. The state is the second largest source
of cement. It has rich salt deposits at Sambhar,
copper mines at Khetri and zinc mines at Dariba
and Zawar. This is a chart of output of major
minerals of Rajasthan.
49Contd..
- As an area-wise largest state in India, Rajasthan
is surrounded by Punjab on the north and
north-east, Haryana and Uttar Pradesh on ease and
Gujarat on the south-west. This Indian state is a
leading producer of gold, silver, sandstone,
limestone, marble, rock phosphate, copper and
lignite. Offering several opportunities in
organic and contract farming, Rajasthan is also
the second largest producer of cement in India. - It is interesting to know that the world's
largest centre for gemstone cutting and polishing
is situated in Jaipur.
50Contd..
- Having recorded a tourist count of up to 34.59
million, Rajasthan offers numerous opportunities
to expand the luxury tourist segment of the
country as a whole. - With a 12.83 percent hike in the gross state
domestic product (GSDP) of Rajasthan from 2004-05
to 2014-15, Rajasthan has 2.5 percent of its
economy contributed by the small industries and
the overall industrial sector. - Metals such as copper, zinc, mica, gypsum and
lignite are found in abundance in Rajasthan. - Witnessing an extensive production of cotton, the
state's textile industry is also growing at a
rapid pace. - Other private industries set on the path of
success in Rajasthan include caustic soda, sugar,
ball bearings, vegetable oil, woollen goods, rugs
and cement. The state contributes one tenth of
the salt produced in India. - Rajasthan accounts for India's ninety percent
mineral reserves.
51Contd..
- Out of the twenty million hectares of land that
is being cultivated, only a marginal twenty
percent land is being irrigated. - As per the Resurgent Rajasthan Partnerships
Summit 2015 held in Jaipur on November 19th and
20th, agreements worth Rs 1.5 lakh crore have
been signed with firms dealing in sectors
including textiles, solar, petroleum and mining. - Aiming to become a prime investment destination
in India, Rajasthan is seeking plenty of
investments owning to the inherent climatic
advantages. - Having received investment proposals worth Rs
5000 crore in the textile sector, Rajasthan will
have more and more textile units getting
operational which would further generate
employment opportunities for over 25,000 people
in 2016 and 2017.
52Contd..
- There is an exhaustive network of roads in the
state covering a length of 140,000 km. - The Rajasthan State Industrial and Investment
Corporation(RIICO)- a State Government agency has
already developed 322 industrial areas within the
state. - Moreover, all these industrial area are fed with
power, shops, water, telecommunication facilities
and roads. - With RIICO having allotted 1167 acre land to 23
different Japanese companies in Neemrana, a total
investment of INR 23.2 billion is expected out of
the allotted land. - Plus, it is forecasted that over 4,900 people
will get employment out of this industrial estate
in Neemrana.
53Contd..
- Tourists greatly add to a state's economy.
- On November 4, 2015 that Rajasthan signed the 76
memoranda of understanding (MOUs) worth Rs 319
crore in its tourism sector with different
private entities. - These MOUs are specially focused on setting up
hotels, resorts and motels with the aim to
provide direct employment to over 2800 people. - Some of the well-identified areas that can be
consumed for developing eco-tourism projects
include Jaisamand Lake, Talab-e-Shahi of Dholpur
and the Sambhar Wetlands of Jaipur.
54Telangana
- The Hyderabad Information Technology and
Engineering Consultancy (HITEC) City is a major
IT hub of Telangana. - Several major manufacturing and services
industries are in operation mainly around
Hyderabad. Automobiles and auto components
industry, spices, mines and minerals, textiles
and apparels, pharmaceutical, horticulture,
poultry farming are the main industries in
Telangana. - In terms of services, Hyderabad is usually
nicknamed as Cyberabad due to its information
technology foray and location of major software
industries in the city. Prior to secession, it
contributed 15 to India's and 98 to Andhra
Pradesh's exports in IT and ITES sectors last
2013. - With Hyderabad as in the front line of
Telangana's aims to promote information
technology in India, the city boasts the HITEC
City as its premier hub.
55Kerala
- Service industry dominates the Kerala economy.
- Kerala leads many other Indian states and
territories in terms of per capita GDP (Rs.
74,620) and economic productivity, and Kerala's
Human Development Index is the best in India.
56Jammu and Kashmir
- Jammu and Kashmir's economy is predominantly
dependent on agriculture and allied activities.
The Kashmir valley is known for its sericulture
and cold-water fisheries. Wood from Kashmir is
used to make high-quality cricket bats, popularly
known as Kashmir Willow. Kashmiri saffron is very
famous and brings the state a handsome amount of
foreign exchange. Agricultural exports from Jammu
and Kashmir include apples, barley, cherries,
corn, millet, oranges, rice, peaches, pears,
saffron, sorghum, vegetables, and wheat, while
manufactured exports include handicrafts, rugs,
and shawls.
57Contd..
- Horticulture plays a vital role in the economic
development of the state. With an annual turnover
of over Rs.3 billion (US45Â million), apart from
foreign exchange of over Rs.800 million
(US12Â million), this sector is the next biggest
source of income in the state's economy. The
region of Kashmir is known for its horticulture
industry and is the wealthiest region in the
state. Horticultural produce from the state
includes apples, apricots, cherries, pears,
plums, almonds and walnuts.
58Contd..
- The Doda district has deposits of high-grade
sapphire. Though small, the manufacturing and
services sector is growing rapidly, especially in
the Jammu division. In recent years, several
consumer goods companies have opened
manufacturing units in the region. The Associated
Chambers of Commerce and Industry of India
(ASSOCHAM) has identified several industrial
sectors which can attract investment in the
state, and accordingly, it is working with the
union and the state government to set up
industrial parks and special economic zones. In
the fiscal year 200506, exports from the state
amounted to Rs.11.5 billion (US170Â million).
However, industrial development in the state
faces several major constraints including extreme
mountainous landscape and power shortage. The
Jammu Kashmir Bank, which is listed as a SP
CNX 500 conglomerate, is based in the state. It
reported a net profit of Rs. 598 million
(US8.9Â million) in 2008.
59Contd..
- The Government of India has been keen to
economically integrate Jammu and Kashmir with the
rest of India. The state is one of the largest
recipients of grants from New Delhi, totalling
US812 million per year. It has a mere 4
incidence of poverty, one of the lowest in the
country.
60Contd..
- In an attempt to improve the infrastructure in
the state, Indian Railways is constructing the
ambitious Kashmir Railway project at a cost of
more than US2.5 billion. Trains run on the
130Â km Baramula-Banihal section. The 17.5Â km
Qazigund-Banihal section through the 11Â km long
Pir Panjal Railway Tunnel was commissioned.
Udhampur-Katra section of the track was
commissioned early in July 2014. The
Katra-Banihal section is under construction. The
route crosses major earthquake zones, and is
subjected to extreme temperatures of cold and
heat, as well as inhospitable terrain, making it
an extremely challenging engineering project. It
is expected to increase tourism and travel to
Kashmir. Three other railway lines, the
BilaspurMandiLeh railway, Srinagar-Kargil-Leh
railway and the Jammu-Poonch railway have been
proposed.
61Chhattisgarh
- Chhattisgarh's gross state domestic product for
2010 is estimated at INR 60,079 crore in current
prices. The economy of Chhattisgarh has grown
rapidly in recent years with a growth rate of
11.49 per cent in GDP for 20092010.
Chhattisgarhs success factors in achieving high
growth rate are growth in agriculture and
industrial production. - Tea production
- Chhattisgarh State is ranked as the 17th largest
tea production state in India. The districts of
Jashpur and Surguja are favorable tea production
areas. In Jashpur district, the first tea
plantation, Brahmnishthajaya Sogara Ashram was
established under the direction of Pujya Pad
Gurupad. Tea production started after two years
at the Sogara Ashram. A tea processing unit was
established in Sogara Ashram and the unit name
set as the Aghor Tea Processing Plant. The
forestry department has also started a tea
plantation motivated by the Sogara Ashram. In
Surguja district, a tea nursery is being
developed by the Margdarshan Sansthan Agriculture
College in Ambikapur, Surguja.
62Contd..
- Agriculture
- Agriculture is counted as the chief economic
occupation of the state. According to a
government estimate, net sown area of the state
is 4.828 million hectares and the gross sown area
is 5.788 million hectares. Horticulture and
animal husbandry also engage a major share of the
total population of the state. About 80 of the
population of the state is rural and the main
livelihood of the villagers is agriculture and
agriculture-based small industry.
63Contd..
- Agricultural products
- The main crops are rice, maize, kodo-kutki and
other small millets and pulses (tuar and kulthi)
oilseeds, such as groundnuts (peanuts), soybeans
and sunflowers, are also grown. In the mid-1990s,
most of Chhattisgarh was still a monocrop belt.
Only one-fourth to one-fifth of the sown area was
double-cropped. When a very substantial portion
of the population is dependent on agriculture, a
situation where nearly 80 of a state's area is
covered only by one crop, immediate attention to
turn them into double crop areas is needed. Also,
very few cash crops are grown in Chhattisgarh, so
there is a need to diversify the agriculture
produce towards oilseeds and other cash crops.
Chhattisgarh is also called the "rice bowl of
central India".
64Contd..
- Irrigation
- In Chhattisgarh, rice, the main crop, is grown on
about 77 of the net sown area. Only about 20 of
the area is under irrigation the rest depends on
rain. Of the three agroclimatic zones, about 73
of the Chhattisgarh plains, 97 of the Bastar
plateau and 95 of the northern hills are
rainfed. The irrigated area available for double
cropping is only 87,000 ha in Chhattisgarh plains
and 2300 ha in Bastar plateau and northern hills.
Due to this, the productivity of rice and other
crops is low, hence the farmers are unable to
obtain economic benefits from agriculture and it
has remained as subsistence agriculture till now,
though agriculture is the main occupation of more
than 80 of the population.
65Contd..
- Industrial sector
- Power sector
- Chhattisgarh is one of the few states of India
where the power sector is effectively developed.
Based on the current production of surplus
electric power, the position of the State is
comfortable and profitable. The Chhattisgarh
State Electricity Board (CSEB) is in a strong
position to meet the electricity requirement of
the new state and is in good financial health.
Chhattisgarh provides electricity to several
other states because of surplus production. - As per a study made by the Power Finance
Corporation Ltd., New Delhi, the state has
potential of 61000 MW of additional thermal power
in terms of availability of coal for more than
100 years and more than 2500 MW hydel capacity.
To use this vast potential, substantial additions
to the existing generation capacity are already
under way.
66Contd..
- Steel sector
- The steel industry is one of the biggest heavy
industries of Chhattisgarh. Bhilai Steel Plant,
Bhilai operated by SAIL, with a capacity of 5.4
million tonnes per year, is regarded as a
significant growth indicator of the state. More
than 100 steel rolling mills, 90 sponge iron
plants and ferro-alloy units are in Chhattisgarh.
Along with Bhilai, today Raipur, Bilaspur, Korba
and Raigarh have become the steel hub of
Chhattisgarh. Today, Raipur has become the center
of the steel sector, the biggest market for steel
in India.
67Contd..
- Aluminium sector
- The aluminium industry of Chhattisgarh was
established by Bharat Aluminum Company Limited,
which has a capacity of around one million tonnes
each year. - Natural resources
- Forest
- Forests occupy 41.33 of the total area (as per
the latest report by the Indian Forest Service)
and the rich forest resources include wood, tendu
leaves, honey and lac. - Mineral deposits
- Chhattisgarh is rich in minerals. It produces 20
of the country's total cement produce. It ranks
first in the nation for coal production and
second in reserves, third in iron ore production
and first in tin production. Limestone, dolomite
and bauxite are abundant. It is the only tin-ore
producing state in the country. Other minerals
include corandum, garnet, quartz, marble,
alexandrite and diamonds.
68Contd..
- Information and technologies
- In recent years, Chhattisgarh is also getting
exposure in information technology (IT) projects
and consultancy. Its government is also promoting
IT and has set up a body to take care of the IT
solutions. The body, known as CHIPS, is providing
large IT projects such as Choice, Swan, etc.
69Contd..
- Major companies
- Major companies with a presence in the state
include - Metal Bhilai Steel Plant, Jindal Steel and
Power, Bharat Aluminium Company, Baldev Alloys
Pvt Ltd - Oil Indian Oil Corporation
- Engineering Simplex Casting Ltd,
- Real estate CHPL-Dream-Homes (Chouhan Housing
Pvt Ltd.) - Mining NMDC, South Eastern Coalfields
- Power NTPC, Lanco Infratech, KSK Energy
Ventures, Vandana Vidyut, Chhattisgarh State
Power Generation Company, Jindal Power Limited.
70Contd..
- Exports
- Chhattisgarhs total exports were US353.3
million in 2009-10. Nearly 75 per cent of exports
comes from Bhilai and the remaining from Urla,
Bhanpuri and Sirgitti. The major exports products
include steel, handicrafts, handlooms, blended
yarn, food and agri-products, iron, aluminium,
cement, minerals and engineering products. CSIDC
(Chhattisgarh State Industrial Development
Corporation Limited) is the nodal agency of the
Government of Chhattisgarh for export promotion
in the state.
71Demand pattern of specific export market specific
products
72Selection of products for export by Indian firms
- Items with increasing demand in global markets
need to be identified. - Competitor countries from where these items are
entering in these markets need to be examined. - Indias strengths in these products need to be
analysed and focused strategy for export needs to
be undertaken.
73Contd..
- Ministry of Commerce had undertaken study of New
Export Basket with Focus and Value Added
Products. - It was enriched that newer commodities need to be
promoted, value added products need to be
identified and strategy for the newly identified
commodities needs to be formulated.
74Top 20 Biggest Sectors of 2012 in WLD to WLD
Imports Indias Share
- The total global imports in the World for all 99
Chapters (at digit HS code) and approximately
5010 commodities (at 6 digit HS code) is to the
tune of USD 11595.470 Bn. in 2012. - The top 20 sectors of World to world imports
constitute 80 i.e. USD 9303.846 Bn. of the total
global imports, whereas in Indias case, these 20
sectors constitute 70 of the entire Indias
exports basket of 2012 in terms of value.
75 Share of India in World Imports
Sl.No. HS Code Product Name Share IndiagtWorld Imports Share IndiagtWorld Imports Share IndiagtWorld Imports
Sl.No. HS Code Product Name 2012 2011 2010
1 27 Mineral Fuels, Mineral Oils and Products of their Distillation Bituminous Substances Mineral Waxes 2.45 1.85 1.68
2 85 Nuclear reactors, boilers, machinery and mechanical appliance parts thereof 0.72 0.53 0.43
3 84 Electrical machinery and equipment and parts thereof sound recorders and reproducers, television image and sound recorders and reproducers and parts and accessories of such articles 0.78 0.54 0.46
4 87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1.42 0.86 0.9
5 71 Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal, and articles thereof imitation jewellery coin 10.53 10.58 8.59
6 39 Plastics and articles thereof 1.41 1 0.76
7 30 Pharmaceutical Products 2.75 1.79 1.43
8 90 Optical, Photographic, Cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus parts and accessories thereof 0.61 0.36 0.32
9 29 Organic Chemicals 4.19 2.44 2.26
10 72 Iron and Steel 2.88 1.76 1.88
11 73 Articles of Iron or Steel 3.88 2.36 2.65
12 40 Rubber and Articles thereof 1.89 1.17 1
13 94 Furniture Bedding, Mattresses, Mattress supports, cushions and similar stuffed furnishings Lamps and Lighting fittings, not elsewhere specified or included illuminated signs, illuminate name-plates and the like Prefabricated Building 0.71 0.5 0.43
14 61 Articles of apparel and clothing accessories, knitted or crocheted 3.93 3.17 2.81
15 62 Articles of apparel and clothing accessories not knitted or crocheted 5.34 4.19 3.66
16 48 Paper and paperboard articles of Paper pulp, of paper or of paperboard 0.75 0.5 0.47
17 38 Miscellaneous Chemical Products 2.41 1.42 1.41
18 88 Aircraft, Spacecraft and parts thereof 1.65 1.42 0.99
19 76 Aluminium and Articles thereof 1.55 0.87 0.97
20 26 Ores, Slag and Ash 3.46 1.67 3.11
7613 out of 89 commodities have RCA positive in
2012 and share of India to world to world
imports increasing over the years (strong items)
Sl. No. HS Code Product Name
1 230400 OIL-CAKE AND OTHR SOLID RESIDUE W/N GRND/IN PLLTS FORM OBTND FRM SOYA-BEAN OIL EXTRCTN
2 300490 OTHER MEDCNE PUT UP FOR RETAIL SALE
3 401120 NEW PNMTC TYRES USED ON BUSES/LORRIES
4 610910 Â T-SHIRTS ETC OF COTTON
5 620342 TROUSERS BIB AND BRACE OVERALLS BREECHES AND SHORTS OF COTTON FOR MEN'S AND BOYS'
6 620462 TROUSERS,BIB AND BRACE OVERALLS, BREECHES AND SHORTS OF COTTON
7 711319 ARTCLS OF OTHR PRCS MTL W/N PLTD OR CLAD
8 760110 ALUMINIUM-NOT ALLOYED
9 852390 OTHER PREPARED UNRECORDED MEDIA
10 870323 VEHICLES WITH SPARK-IGNITION INTERNAL COMBUSTION RECIPROCATING ENGINE OF A CYLINDER CAPACITYgt1500 CC BTlt3000
11 870899 OTR PRTSANDACCSSRS OF VHCLS OF HDG 8701-8705
12 880330 OTHER PARTS OF AEROPLANES OR HELICOPTERS
13 940360 OTHER WOODEN FURNITURE
7772 Commodities with share increasing but less
than 2 (Bright Prospects)
Sl.No. HS Code (2 Digit Level) Commodities In Numbers
(A) major commodities at 2 Digit level are (A) major commodities at 2 Digit level are (A) major commodities at 2 Digit level are (A) major commodities at 2 Digit level are
1. 85 ELECTRICAL MACHINERY AND EQUIPMENT AND PARTS THEREOF SOUND RECORDERS AND REPRODUCERS, TELEVISION IMAGE AND SOUND RECORDERS AND REPRODUCERS,AND PARTS. 19
2. 84 NUCLEAR REACTORS, BOILERS, MACHINERY AND MECHANICAL APPLIANCES PARTS THEREOF. 15
3. 87 VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK, AND PARTS AND ACCESSORIES THEREOF. 11
(B) OTHERS (B) OTHERS (B) OTHERS (B) OTHERS
4. 29 ORGANIC CHEMICALS 3
5. 39 PLASTIC AND ARTICLES THEREOF. 3
6. 90 OPTICAL, PHOTOGRAPHIC CINEMATOGRAPHIC MEASURING, CHECKING PRECISION, MEDICAL OR SURGICAL INST. AND APPARATUS PARTS AND ACCESSORIES THEREOF 3
7. 30 PHARMACEUTICAL PRODUCTS 2
8. 61 ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, KNITTED OR CORCHETED. 2
78Contd.
Sl.No. HS Code (2 Digit Level) Commodities In Numbers
9. 21 MISCELLANEOUS EDIBLE PREPARATIONS. 1
10. 22 BEVERAGES, SPIRITS AND VINEGAR. 1
11. 26 ORES, SLAG AND ASH. 1
12. 27 MINERAL FUELS, MINERAL OILS AND PRODUCTS OF THEIR DISTILLATION BITUMINOUS SUBSTANCES MINERAL WAXES. 1
13. 33 ESSENTIAL OILS AND RESINOIDS PERFUMERY, COSMETIC OR TOILET PREPARATIONS. 1
14. 40 RUBBER AND ARTICLES THEREOF. 1
15. 62 ARTICLES OF APPAREL AND CLOTHING ACCESSORIES, NOT KNITTED OR CROCHETED. 1
16. 64 FOOTWEAR, GAITERS AND THE LIKE PARTS OF SUCH ARTICLES. 1
17. 73 ARTICLES OF IRON OR STEEL 1
18. 88 AIRCRAFT, SPACECRAFT, AND PARTS THEREOF. 1
19. 94 FURNITURE BEDDING, MATTRESSES, MATTRESS SUPPORTS, CUSHIONS AND SIMILAR STUFFED FURNISHING LAMPS AND LIGHTING FITTINGS NOT ELSEWHERE SPECIFIED OR INC 1
20. 95 TOYS, GAMES AND SPORTS REQUISITES PARTS AND ACCESSORIES THEREOF. 1
79Exporters Questionnaire
80For a proper export planning following questions
need to answered
- Which products are selected for export
development? - What modifications, if any, must be made to adapt
them for overseas markets? - Which countries are targeted sales development?
- In each country, what is the basic customer
profile ? - What marketing and distribution channels should
be used to reach customers? - What special challenges pertain to each market
(competition, cultural differences, import
controls, etc.), and what strategy will be used
to address them? - How will the products export sale price be
determined? - What specific operational steps must be taken and
when? - What will be the time frame for implementing each
element of the plan? - What personnel and company resources will be
dedicated to exporting? - What will be the cost in time and money for each
element? - How will results be evaluated and used to modify
the plan?
81Export Readiness Assessment (ERA) Questionnaire
For filling up this questionnaire, please
register and Login at http//indiabr.com/
82Contd..
83Contd.
84Contd..
85Thank You..