Ease Of Doing Business 175 COUNTRIES Ease Of Doing Business Rank : 134 World Bank Report World Bank Ease Of Doing Business Index is more important & the most relevant factor for Reducing the Transaction Cost in India. Not more regulations & penal provisions, we have excessive controls already. 133 Closing A Business 65 Getting Credit 173 Enforcing Contracts 110 Registering Property 139 Trading Across Borders 112 Employing Workers 158 Paying Taxes 155 Dealing With Licenses 33 Protecting Investors 88 Starting A Business RANKING ACTIVITY
Corruption Perceptions Index The 2006 Transparency International Corruption Perceptions Index India has significantly improved rating since the 2005 index 0 Highly Corrupt 5 Borderline 10 Squeaky Clean 3.3 India 70 2006 CPI Score Country (163 Countries) Country Rank
A survey among European & North American 3PLs placed India second to China in terms of growth potential
42% of air, road and rail carriers say that India’s domestic market is the focus for 80% or more of their business, followed by 3PLs (22%).
Only a small percentage of freight forwarders (5%) and ocean carriers(4%) focus more than 80% of their energies on the local market, which suggests that they concentrate primarily on international markets.
Many are actively looking for either suitable joint venture opportunities or potential acquisitions.
Others prefer to work together with local associates, rather than formal partnership agreement.
Eyefortransport India Market Report 2007 Greatest Level Of Joint Venture Participation Is By 3pls And Freight Forwarders
Key Benefits Of A Joint Venture Eyefortransport India Market Report 2007
Industry Specific Growth Opportunities Eyefortransport India Market Report 2007
Foreign Companies Looking For Opportunities Eyefortransport India Market Report 2007
Key Challenges Eyefortransport India Market Report 2007 While rest of the world is moving determinedly towards compliance with standards set by trade-related global bodies to simplify and speed up the international trade processes, India needs to catch up.
‘ This year we got 30% increment but we have cost reduction exercise & we want you to reduce your rates by at least 30%’
- Sometimes 50%
Forced Liability Liability Insurance Does Not Cover Such Claims & Liabilities FIATA view is Forwarders should not be responsible / liable actions & consequences not in their control. Customers should not hold Forwarders responsible for issues they can't hold Carriers responsible / liable