Professional Documents
Culture Documents
Mr. Rohit Chaturvedi XnI Consultancy Services Private Ltd 161, Windsor Greens F-28, sector 50, Noida, 201301, INDIA Ph- 91-120-4316510 info@expandinindia.net http://www.expandinindia.net www.expandinindia.net
Index
Why India ? 8 vital Research areas for your India Expansion Market Opportunity Assessment Options for Setting Up an Office in India Entry Strategy- Business Incubator or own Setup What to Avoid when looking for Partners Top 10 cities for Doing Business in India Distributor Management Import duty Other Service Provider for your Expansion Needs
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Why India ?
A 1.6 Trillion Dollar GDP economy,
GDP growing @ 6-8% pa , and forecasted to grow at the same rate in the next 4-5 yrs
Young educated population with an average age of the population of <30 yrs (growing consumption & larger workforce) Indians have a liking for foreign brands There are 55 billionaires (4th highest in the world) in India and 125,000 HNIs(>1mln US$ worth investment capital) and growing. Indian Industry is quite progressive and open to new technologies There are severe shortages in some resources in the country and people are looking to fill up the gaps. Just to take one example , According to a report
Indias investment in infrastructure during 2007-12 is expected to be around $500 billion as the expected level of infrastructure investment projected in the 11th five year plan is 2.36 times that of the 10th plan. Furthermore, this is expected to almost double for the 12th five year plan (2012-17). The report, also pointed out that about 97 million jobs are likely to be created over the next 10 years across different sectors in the country. Due to this huge increase in jobs, India may need to potentially build an average of 8.7 billion sq ft of real estate space every year, adding up to a whopping 95 billion sq ft between 2010 and 2020, RICS said. The study, however, said there is a huge shortfall of skilled manpower (Training & Development Opportunities) in the infrastructure sector that needs to be addressed with urgency. Read more : http://www.expandinindia.net/blog/business-expansion/
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Price
INR x
PREMIUM Brand image/ special applications 10-20% Mkt CORE: Quality / Brand image/ Price/Availability 40-45% Mkt BASE Price 40-50% Mkt
Global firms Export Oriented firms Indian Multinationals Precise requirements Safety & Security Important Environmental Concerns Large Indian Firms/ Public Sector Firms Performance as per Specs Value for Money After Sales Service Product Life/ Features Government Companies Base Level performance Price Sensitive Tenders
INR 0.80x
INR 0.60-0.65x
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Delhi
Chennai Bangalore Hyderabad Kolkata Pune Ahmedabad Nagpur Surat Read more : http://www.expandinindia.net/blog/top-indian-cities-for-doing-business/
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Distributor Management
In a general sense, following could be mentioned about Indian Distributors : Strengths
Strong business acumen Hard working Ambitious Supportive Emotional (believe in relationships) & Brand Loyalty Flexible Strong end user relationship Street Smart
Weaknesses
Not so specific on dates (repayment dates, timelines on projects etc..) Not much into forecasting of demand, need everything now/urgent. Dilly dallying at times over serious decisions Cribbing for not making profits (lot of times just to exert pressure) Over commitments on delivery, specially around long term actions Have weak in-house systems/processes Not easily willing to get into price discussions with customers
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Sl No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Normal 1 1.00 1.00 55.00 0.55 55.55 2.78 58.33 7.00 9.78 0.29 65.62 2.62 12.69 67.69 58.07 9.62 3.07 -
18 Cenvat / kg. 19 Import Duty / kg. 20 Clearing & Forwarding Charge at actual
Payroll Services - salary structuring for your team members , payroll processing, pay slips, statutory reports and submissions, client and employee query management, IT Computation and submissions, and other local compliances, etc .
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Thank You
Mr Rohit Chaturvedi XnI Consultancy Services Private Ltd 161, Windsor Greens F-28, sector 50, Noida 201301, INDIA Ph- 91-120-4316510 info@expandinindia.net http://www.expandinindia.net www.expandinindia.net