...Industrial Promotion and Technology Branch TECHNOLOGY PAPER SERIES 6/05 Technology Transfer and Trade: The Toy Industry in India UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION I N D U S T R I A L P R O M OT I O N A N D T EC H N O LO GY B R A N C H Technology Transfer and Trade: The Toy Industry in India TECHNOLOGY PAPER SERIES TPS 6/05 December 2005 UNITED NATIONS INDUSTRIAL DEVELOPMENT ORGANIZATION Vienna, 2005 UNIDO Industrial Promotion and Technology Branch Technology Paper Series TPS No. 6/2005 December 2005 Technology Transfer & Trade in Toy Industry of India Copyright © 2004 by United Nations Industrial Development Organization (UNIDO) The designati ons employed and the presentation of the material in this document do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations Industrial Development Organization (UNIDO) concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers or boundaries. The responsibility for options expressed rests solely with the authors, and publication does not constitute an endorsement by UNIDO of the opinions expressed. This document has been produced without formal editing. The views expressed in this report do not necessarily reflect the views of the Secretariat of the United Nations Industrial Development Organization. Any indication of, or reference to, a country, institution...
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...International Business- Dr. R. Chandran 1. International Business: Meaning And Scope Interdependency is a natural phenomenon; nations, living beings and companies cannot totally depend on themselves. It is the major driving force for international business. Learning value: This chapter covers the essential aspects, 1. 2. 3. 4. 5. Definition of international business Emergence of developing nations in international business Motives of international business from companies and nations Fundamental differences between Domestic and International business Few successful organizations in Domestic & International business International business: Meaning and Scope In the post independence era, more than half-century Indian entrepreneurs concentrated on domestic operations and a surplus production was exported. The physical movement of goods, called EXPORT cannot represent International business. International business is defined as “any commercial transaction-taking place across the boundary lines of a sovereign entity”. It may take place either between countries or companies or both. Private companies involve themselves in such transactions for revenue, profit and prosperity. If governments are involved, they need to maintain their image, dependency and economic growth. Sometimes economic ties are strengthened through such transactions. These transactions include investments, physical movements of goods and services, transfer of technology and manufacturing. Today every company...
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...capitalisation stands at Rs 7,461.05 crore. India has the potential to become the number one tourist destination in the world with the demand growing at 10.1 per cent per annum, the World Travel and Tourism Council (WTTC) has predicted. The WTO (World Travel Organisation) predicts that India will receive 25 million tourists by year 2015. Major attractions in India are the world's highest mountains, miles of coastline with excellent beaches, tropical forests and wildlife, desert safari, lagoon backwaters, ancient monuments, forts and palaces, adventure tourism and, of course, the Taj Mahal. India currently has over 200,000 hotel rooms spread across hotel categories and guest-houses and is still facing a shortfall of over 100,000 rooms (source: FHRAI). The country is witnessing an unprecedented growth in hotel constructions and will be adding almost 114,000 hotel guest rooms to its inventory over the next five years. (source: HVS) The earlier setbacks in global tourism have strengthened the Department of Tourism's resolve to promote India's tourism through aggressive marketing strategies through its campaign 'Incredible India'. The 'marketing mantra' for the Department of Tourism is to position India as a global brand to take advantage of the burgeoning global travel and trade and the vast untapped potential of India as a destination. The Indian Hospitality Industry – An Overview The current scenario • Existing hotel rooms in India: 202,963, source FHRAI • Revenue of...
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...August 1947 (British colonial rule) System: Federal Parliamentary Democratic Republic Legislature: Bicameral legislature (upper house- states of India; lower house- people of India) May 2014 Election: Bharatiya Janata Party claimed majority, brought back single party rule. Trade Agreements: India-Sri Lanka Free Trade Agreement, India-Nepal Trade Treaty, CECA, ASEAN Political and Legal Environment Independence: 15th August 1947 (British colonial rule) System: Federal Parliamentary Democratic Republic Legislature: Bicameral legislature (upper house- states of India; lower house- people of India) May 2014 Election: Bharatiya Janata Party claimed majority, brought back single party rule. Trade Agreements: India-Sri Lanka Free Trade Agreement, India-Nepal Trade Treaty, CECA, ASEAN Future Political and Economic Agenda * Improving foreign investment climate * Developing a comprehensive WTO strategy * Reforming agriculture, food processing, and small-scale industry * Eliminating red tape (excessive regulation or rigid conformity to formal rules) * Instituting better corporate governance * Accommodating an additional 10 million urban dwellers each year is a strategic policy issue. Future Political and Economic Agenda * Improving foreign investment climate * Developing a comprehensive WTO strategy * Reforming agriculture, food processing, and small-scale industry * Eliminating red tape (excessive regulation or rigid conformity...
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... 9 7. References 10 1. Introduction India is one of the largest countries in the world. It is becoming a lucrative market for processed food imports, popular because of a growing population of 1.2billon. New Zealand exporters have found the biggest market potential is for processed foods such as milk and dairy, coffee and carbonated drinks, and seafood. Fonterra have invested in India and want to keep sustainable development. India is also the one of the world's largest agricultural producers with a large farming industry. Its GDP was calculated to be US $2,010 billion in 2012 and to grow at 7 to 8percent per annum. There has been a specific increase in purchasing power among the cities. Indian packaged food trade was US$25.4 billion in 2011 and it was hoped to reach US$35 billion by 2016, with the highest value segments (dairy, bakery and oil) (India Online, 2013). India’s consumers have become more health conscious, more and more people are concerned with heart disease and diabetes. This influences their purchasing decisions. The New Zealand-India Free Trade Agreement currently being negotiated to reduce tariffs (India Online, 2013). India’s importance is growing for New Zealand. New Zealand export for food and beverages to India was NZ$178 million in 2010, and had a 106 percent increase from 2009. The dominant export product was Dairy products, including butter, milk and cream (India Online, 2013). According to compound average growth rates, the...
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...dietetics-Respiration-Excretion of metabolic waste-Biocommunication Zoology - Blood and blood circulation-Endocrine system-Reproductive system-Genetics the science of heredity-Environment, ecology, health and hygiene, Bio- diversity and its conservation-Human diseases, prevention and remedies-Communicable diseases and non- communicable diseases-Alcoholism and drug abuse-Animals, plants and human lifeUNIT - II. Current Events History - Latest diary of events – National - National symbols -Profile of States-Defence, national security and terrorism-World organizations-pacts and summits-Eminent persons & places in news-Sports & games-Books & authors -Awards & honours-Cultural panorama-Latest historical events- India and its neighbours- Latest terminologyAppointments-who is who? Political Science - India’s foreign policy - Latest court verdicts...
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...leading pharmaceutical firms in the USA, started a joint venture in India with the leading Indian company Ranbaxy. The decision was dictated by the conditions of the US market and opportunities of the Indian market. Costlier manufacturing practices due to strict governmental control, soaring prices in 1990s, invasion of cheap generics to the USA market as opposed to low costs in India and new regulations that opened Indian market to foreign investments (up to 51%) created tempting conditions to enter one of the emerging huge markets of the world. Alliance with Ranbaxy was a smart strategy for Eli Lilly to establish its presence in India. Ranbaxy was the second largest manufacturing company of bulk drugs and generics with domestic market share of 15% in India with established distribution network and the second largest exporter to different countries, including Russia (which Eli Lilly was attempting to reach), with capital cost 50-75% lower than those of comparable US plant and R&D expenses of 2-5% of sales. Besides, Ranbaxy developed its own process for Eli Lilly's patented drug Cefaclor. Since Eli Lilly's product patent for Cefaclor expired in 1992 and the firm was expecting to protect its monopoly with process patents which were due to expire only in 1994, this gave great scope for a mutually advantageous agreement between the two companies. There was also possibility to conduct cheap clinical trials in India. Although the joint venture ran into problems because of weak patent...
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...21 per cent from 2012. INTRODUCTION: South Africa outperformed other countries within BRICS, with FDI inflows rising by 126%. With inflows to China at an estimated US$127 billion, including both financial and non-financial sectors – the country again ranked second in the world, closing the gap with the United States to some $32 billion, FDI inflows to the Russian Federation jumped by 83% to US$94 billion making it the world’s third largest recipient of FDI for the first time ever, The rise was predominantly ascribed to the large acquisition by BP (United Kingdom) of 18.5% of Rosneft (Russia Federation) as part of Rosneft’s US$57 billion acquisition of TNK-BP. India ranked 16th among the top 20 global economies, receiving the maximum FDI, with Asia regaining the top spot as the “largest host region”. FDI inflows into India grew 17 per cent to $28 billion in 2013 despite unexpected capital outflows in the middle of the year, according...
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...future Today, I got a speech from very kind and witty ambassador of India, Vishnu Prakash. He asked whether we know story of Kim-Suro to explain how we deeply connected to each other. Following the story of Samguk Yusa, Indian princess Suriratna came to Korea in 48 AD, married King Kim-Suro and became queen Huh Hwang-ok. So that 5 million Koreans trace their ancestry to the royal couple. This story represents that there is deep historical links between Korea and India from long time ago. In the another story, Korea Buddhist monk Hye-cho visited India from 723 to 239 AD and wrote the travelogue, “Pilgrimage to the five kingdoms of India” which shows a vivid explanation of Indian culture, politics and society. Thus, even though two countries are far from each other but there are various connections between the two. The ambassador explained about characteristics of India. First of all, India has many races among its population like the picture of people he showed us. India also is rounded by many countries such as Indonesia, Pakistan and Nepal etc., These facts have affected to India’s cultures and policies. In the last two decades, Asia has been under huge transition in politic, economic as well as social ways. Now, people are predicting that in next 20 years the global centre of economic gravity might shift to Asia, especially East Asia. In this context, combined national wealth of China, Japan, Korea and India as well as ASEAN countries would exceed that of the US and EU. It means...
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...study to understand the financial challenges faced by Indian social entrepreneurs; their experiences highlight the need for financial provisions and support mechanisms, which would consciously encourage investments and recognise the work done by social ventures in the nation. Without such systemic support, entrepreneurs often face a formidable task to sustain their social ventures. This could result in the early death of their ventures due to the lack of financial assistance. Such sustenance-related challenges faced by social ventures due to the lack of an enabling ecosystem is a loss for the nation, especially at a time when India is considered to be on the verge of becoming a dominant global power in the near future. Given that the nation still falls behind when it comes to social justice and equality for its vast population, it is imperative for India to put in place support mechanisms that recognise and promote the prominent role played by social entrepreneurs in filling this gap and in making its growth trajectory more equitable and...
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...more easily around the world, which has increased the production of goods and services. Globalisation happens because it has influenced us to improve out transportation – the larger the company shipping a vast amount of goods transporting between countries meaning the cost will decrease, so the cost per item can reduce when operating on a larger scale. Freedom of trade – Organisations such as TNC and WTO has been promoting free trade to help remove barriers between countries. An improvement of communication – the internet and mobile technology has allowed us to have a greater communication around the world. Labour availability and skills – countries such as India have lower labour costs and also high skill levels. Labour intensive industries such as clothing can take advantage of cheaper labour coast and reduce legal restrictions on LEDCs. Globalisation is generally force to be seen as good and has positive impacts. Throughout many years there has been a dramatic rise in living standards for many countries around the world. TNCs bring wealth and foreign currency to local economies when they buy local resources, products and services the extra money created...
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...countries to enter, the population of developing markets increased 11%, while retail sales per capita has almost doubled, retail space has more than tripled and Internet access grew by nearly 500%. Clearly, developing markets hold significant potential for retail growth, but picking which markets are prime for development has been a tough learning experience. Initially many global retailers focused their developing market expansion aspirations on China, which gained acceptance into the World Trade Organization (WTO) in 2001. As the decade unfolded, retailers were drawn to the potential of Southeast Asia, the BRIC nations (Brazil, Russia, India and China) and Eastern European markets like the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Rumania, Slovakia and Slovenia following their joining the European Union (EU) in 2004. But over the 10 years of retail growth tracked by our research, five nations have consistently ranked in the Top 10: China, India, Russia, Vietnam and Chile. Almost everyone understands China’s size and therefore its market potential. More difficult is establishing its true market value, particularly when it comes to the emerging middle class and burgeoning urban population. As many retailers have learned the hard way, the Chinese consumer is unique, and effectively selling to them demands striking exactly the right balance between assortment, pricing and service models. While China slipped a bit to sixth place in the 2011 study, it remains...
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...Abstract India is a complex nation with a rich history and years of diversity. With the rise of the global economy over the last century, it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s, the country also has a growing local economy that is primed for investment should the right opportunity arise. However, not just any company can invest in or partner with India. Because India is rich in tradition and very slow to change its views, it will take a savvy, experienced investor with a team of managers willing to take on the task of creating a successful partnership with a country whose past has been riveted with corruption and a caste system that tends to hold its citizens back from improvement. A Multi National Corporation (MNC), with the right resources, will be able to benefit from the positive attributes of the developing country while at the same time contributing to the reduction of poverty and improved lifestyle of local citizens. Q#1. What are the major elements and dimensions of culture in this region? Communication The dimensions of culture can be summed up in a few points: communication, religion, ethics, values and attitudes, manners, customs, social structures and organizations, and education. Beginning with communication is perhaps the most important aspect of culture for a business manager to address. In Cross Border Commerce, author Brian Satterlee quotes John...
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...expanded his Empire to Bengal and Assam in the east, to the Afghanistan and Baluchistan in the west, to Kashmir and Nepal in the north and to the Deccan in the south after defeating Nand Emperor. The trade & commerce was operated to India by land route only. Medieval history witnessed the glory of Indian subcontinent which attracted many Emperors to this rich and fertile land. It started with the invasion of Ghenghis Khan (1160-1227),who pursued an aggressive foreign policy which started with the Mongol invasion of East and central Asia. During his regime, Mongol empire eventually occupied most of the Asian nations. On the other side Alexander III of Macedon (356 BC) attacked India at 326 BC and lost the battle with Porus and returned thinking that perhaps India is the end of world. India remain the prime target of Sultans of Eurasia, Greeks, Romans and Turks. The rich resources of Indian soil attracted Timur Lane (1336-1405) who invaded India in Tughlaq dynasty and looted its resources .Ghulam, Khilji, Tuglaq, Saiyid, Lodi and finally with Mughal dynasties had ruled India. Just some years before the First Battle of Panipat (1526 AD)between Ibrahim Lodi and Babur some Europeans like Christopher Columbus from Spain wanted to explore a sea route to India and China as Mongols hegemony over the region ended and taken over by rival Turkish Ottoman Empire in 1453 AD. Columbus ended up discovering what we know today as “America” in 1492 AD. The Island he reached is known today as...
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...MBA GD Topics • Is India moving away from a secularist state? • Education in India - or the lack of it • What ails Indian sports? • The Age of Information • Is Philosophy just an armchair theory? • Success is all about human relations • Borderless worlds - Dream or reality? • Quality is a myth in India. • Education and success - Is there a correlation? • We don't learn from history, we repeat it • Do we need a global policeman • Indian villages - our strength or our weakness? • Agrarian Economy in India - boon or bane • if there were no armies in the world...... • Indian customs - are we in a time warp? • "How green was my valley........". Is nature paying the price ? • Management Education - Is it necessary to succeed in business • The role of NGOs in economics and politics • NGOs - Do they serve peoples interests or are they pressure groups? • Death of Socialism • Role of women in development • Kids today are not what they used to be • Casteless India - A pipe dream • Should Trade Unionism be banned in India • Repeated elections - Should taxpayers pay for it? • Indian bureaucracy - foundation strengths or colonial hangovers? • In India, the whole is less than the parts - Do we lack in team spirit? • Generation X - Drivers of our future or are they our lost souls? • Do we need a cut in the defence budget? • "Dot.com" companies...
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