international business- destination india

8/8/2019 International Business- Destination India

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Presented by:

Lovneet Singh

Taniya Bhowal


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Capital- New Delhi

Financial capital- Mumbai

Borders:

West- Pakistan, Arabian Sea

North-China, Nepal,

East- Bangladesh, Bhutan, Bay of Bengal

South- Indian Ocean


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PAKISTAN

NEPAL

BANGLADESH

BAY OF

BENGAL

SRI LANKA

INDIAN OCEAN


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Worlds largest, oldest and continuous civilization

Fastest growing economy

Largest English speaking nation

Religion- Hinduism, Buddhism Jainism, and Sikhism

Education- Worlds first University - 4th century BC

First medical school- 2500 years ago Language- Sanskrit is mother of all European languages. English was derived

from European languages.

Economy- Before invasion of British, India was the wealthiest country inworld controlling around 35% of worlds economy

Math- 0, Period of a year, calculus, pie, algebra, arithmetic, Trigonometry

decimal and place value system Others- Wireless communication, navigation system, Dam irrigation system,

Surgery

3rd country in world to built supercomputer

Chess- name ashtapada


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THAR Desert: Worlds 9th largest subtropical desert


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1.3 sq. million miles(US- 3.5 sq. million

miles)

7

th

largest country in the world(US-

number 3)

54% land is vulnerable to earthquakes

Coastline extends up-to 4,340 miles(US-

12,383).


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0 20 40 60 80 100

Jainism

t rs

Budd ism

Sik ism

Christianity

Islam

Hinduism

Religions(%)

Jainism

thers

Buddhism

Sikhism

Christianity

Islam

Hinduism


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MYSORE PALACE: ONE OF THE MOST FAMOUS TOURIST SPOTS IN INDIA


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Rank Country Population( July 2009)

1 China 1.33 Billion

2 India 1.16 Billion

3 EU .49 Billion

4 US .31 Billion


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Largest English speaking population

2nd largest group of software developer

IT industry- $14 billion: growing at 50%/year

Sends more number of students to the US.

Strong scientific and technical manpower

100,000 IT professionals added every year

255 Fortune 500 getting services from India

100 Fortune 500 companies have R&D facilities in India

Job creation: 1 million direct and 2-3 million indirect


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8 major religions practiced in India

28 states

1,576 Mother-tongue languages(census 1991)

Official language : Hindi and English


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Longest and mostexhaustiveconstitution ofindependent world

Defined associalist, secular anddemocratic country

Multi Party system

PM is head ofgovernment with mostpower

Unitary 3-tier judiciary

1 supreme court

21 high courts

Large no. of trial courts Final word is of supreme

court

Most important functionof supreme court is of theultimate interpreter ofthe constitution.


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4th fastest growing in the world and 2nd in Asia.

10th most industrialized economy

1st in prevalence of foreign technology licensing

2nd in scientists and engineers 9th in quality of management schools

1mong top 10 tourist spots

12th in firm level innovation

16th in technology absorption

32nd in company spending on R&D


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Indian Currency Rupees


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Category Ranking

India US

Foreign Direct Investment 67 69

Gross Domestic Product 12 1

Total Trade 62 71

Memberships in Intl Orgs. 66 1


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0

1020

30

40

50

60

70

80

90

100

PDI IDV MAS UAI LTO

India

US


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Kanchenjunga 8,598m(3rd tallest in world) near borders of Nepal


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Shows that you are aware of culture and respect it.

Most common greeting is Namaste.

Different regions use different greetings.

Shaking hands is becoming more prevalent.


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Patience- Indians take their time to pronounce

their decisions

Impatience is considered discourteous Dont force to speed up

Never decline food/drink

Alcohol is usually not on the table Never invite your male counterpart for a

dinner


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Movies

Cricket

Politics(general approach)

History

Current affairs

Family

NEVER DISCUSS RELATIONSHIPS WITHPAKISTAN


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Pants and shirts for men

Light suit for women

Avoid short skirts, sleeveless blouse

Best bet is to wear a saree or a suit

Avoid leather clothes


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Be aware of the religion of your counterpart.

Avoid non-veg

Never offer beef to a Hindu, or pork to a

Muslim.

Fast food is acceptable, but for business

dinners, find a sophisticated place


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Do use titles to address your Indian counterparts.

Do wait for a female business colleague to initiate a greeting

whether it is verbal or physical.

Always remain polite and honest

Never be aggressive in negotiations.

Dont take large/expensive gifts. Receive a gift with both hands.

Dont refuse any food or drink offered.

Your good name.

Be punctual, but be ready to wait.

Learn tradition, culture, and family.


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CHERAPUNJI:

CREDITED AS WORLDS WETTEST PLACE


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SEZ Act and its rules notified with effect from February 2006

An export oriented duty free enclave deemed to be outside the customs

territory of India

22 operational SEZs with over 200 SEZs in various stages

of approval and development

100% tax deduction for 10 years

Exemption from dividend distribution tax

Sales tax exemption on purchases from domestic tariff area

Service tax exemption


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IT and ITES

SEZ

Biotechnology and Bioinformatics

Nanotechnology

Manufacturing( steel, chemicals and petrochemicals, consumer

durables, IT hardware, Telecom, Transportation)

Retail Trading

Tourism


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Finding partners and agents

Geographic diversity

Market entry options


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international business- destination india

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