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International Business in
India
 I.B in India looks really lucrative and every passing day, it is coming up with
only more possibilities.

 The growth in the international business sector in India is more than 7%

annually. There is scope for more improvement if only the relations with the
neighboring countries are stabilized. The mind-blowing performance of the
stock market in India has gathered all the more attention.

 India definitely stands as an opportune place to explore business

possibilities, with its high-skilled manpower and budding middle class
segment.

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International Business in
India
 With the diverse cultural setup, it is advisable not to formulate a uniform
business strategy in India. Different parts of the country are well-known
for its different traits.

 The eastern part of India is known as the 'Land of the intellectuals',

whereas the southern part is known for its 'technology acumen'. On the
other hand, the western part is known as the 'commercial-capital of the
country', with the northern part being the ‘hub of political power'.

 With such diversities in all the four segments of the country,

IB
opportunity in India is surely huge.

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Sectors having potential for International business in India
:
 Information Technology and Electronics Hardware.
 Telecommunication.
 Pharmaceuticals and Biotechnology.
 R&D.
 Banking, Financial Institutions and Insurance & Pensions.
 Capital Market.
 Chemicals and Hydrocarbons.
 Infrastructure.
 Agriculture and Food Processing.
 Retailing.
 Logistics.
 Manufacturing.

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India’s Current Scenario

 India’s economic growth has accelerated in recent years, and its share of
world trade has expanded. These are welcome developments for the
country and, given India’s large share of the world’s population, for the
global economy.

 Yet, despite these recent positive trends, India faces daunting challenges
and policy decisions if it is to maintain high economic growth rates, employ
its population, and raise incomes across the full range of households, skill
levels, sectors, and regions. India remains the largest reservoir of poverty
in the world.

 Its recent high growth has been driven mainly by its modern services
sector, which accounts for only a small proportion of overall employment
and household incomes. Its agricultural sector is in a deep crisis, whether
measured by slow growth rates, persistent rural poverty, or widespread
farmer suicides.

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Introduction to Import & Export

 Import:
Goods & Services consumed in one country which has been bought from
another country.

 Export:
Goods and services that are produced domestically and sold to buyers in
another country.

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Major Import and Export

 Top 5 Products exported by India:

 Refined Petroleum (19%), Jewellery (6.5%), Packaged Medicaments (4.0%),
Rice (2.2%), and Cars (1.8%)

 Top 5 Products imported by India:

 Crude Petroleum (30%), Gold (11%), Coal Briquettes (3.5%), Diamonds(3.3%),
and Petroleum Gas (2.8%)

 Top 5 Export destinations of India:

 UnitedStates (12%), UnitedArabEmirates (12%), China (5.8%), Singapore(4.
5%), and United Kingdom (3.3%)

 Top 5 Import origins of India:

 China (11%), UnitedArabEmirates (7.5%), SaudiArabia (6.5%),
Switzerland(6
.2%), and United States (4.2%)
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 Thank You !!

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