Walmart india[1]


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  • Hello, ladies and gentlemen. My name is Kathrene Borden and I would like to share the information, that I have researched, about India’s current market and laws regarding Wal-Mart expanding its operations into India. I will discuss the pros and cons of such an operation and I will include my recommendation on whether or not to enter India’s market, based on the data that I have gathered.  
  • U.S. Companies involved in complex projects should allow for delays when developing project timelines and factor in the legal expenses that will likely be incurred. It is very important to have a capable local attorney to help with potential litigation. For large-scale projects, U.S. companies may encounter public interest litigation and media reaction and should be prepared for these eventualities. Also, because the Indian government controls inbound investments, local legal advice is helpful when researching investment options and how best to establish a business presence in India. The country’s legislation on foreign direct investment, reformed in 1991 and revised frequently since, including in 2008, has contributed to the investment-friendly environment that exists today.
  • The following are some of the most important Business Law Provisions companies should be aware of when doing business with India. Indian Contract Act, 1872 The fundamental principles are very similar to U.S. contract law and include such requirements as offer, acceptance, consideration and privities of contract. Companies Act, 1956, Amended 2006 This act governs entities incorporated in India or foreign entities with a physical presence in India. Principal forms of business entities are sole proprietorships, partnerships and corporations.
  • The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment.  India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands.  India’s GDP, growing at 8.7% (for 2007-08), makes it one of the fastest growing economies in the world and the second fastest in Asia.  India has potential for a sustained growth of 8-10% for the next couple of years.  Now is the time for U.S. companies to enter the rising Indian market.
  • Economy GDP (FY 2007): $1 trillion ($1,000 billion). Real growth rate (2006-2007 est.): 9.4%. Per capita GDP (FY 2006-2007): $909. Natural resources: Coal, iron ore, manganese, mica, bauxite, chromite, thorium, limestone, barite, titanium ore, diamonds, crude oil. Agriculture: 18% of GDP. Products --wheat, rice, coarse grains, oilseeds, sugar, cotton, jute, tea Industry: 27% of GDP. Products --textiles, jute, processed food, steel, machinery, transport equipment, cement, aluminum, fertilizers, mining, petroleum, chemicals, and computer software. Services and transportation: 55% of GDP. Trade: Exports (FY 2006-2007)--$127 billion; engineering goods, petroleum products, precious stones, cotton apparel and fabrics, gems and jewelry, handicrafts, tea. Software exports --$22 billion. Imports (FY 2006-2007)--$192 billion; petroleum, machinery and transport equipment, electronic goods, edible oils, fertilizers, chemicals, gold, textiles, iron and steel. Major trade partners --U.S., China, EU, Russia, Japan.
  • Are you ready to export to India, a market growing at 75% annually for U.S. exports? The U.S. Commercial Service 1 of the U.S. Embassy helps U.S. firms export goods and services to India. As part of the U.S. Department of Commerce with seven offices throughout India 2 , a network of 107 offices in the United States and 145 international offices 3 , we have the export promotion resources that you need to develop your business in the Indian market. Contact Us 2 to help you identify potential business partner 4 s 4 , obtain valuable market research 5 on India, and launch your company into the fast-growing and dynamic Indian marketplace.
  • Thank you ladies and gentlemen for your time. After researching the Indian market, I have concluded that it would be an intelligent move, on our part, if Wal-Mart was to enter the Indian market. India is waiting for American companies to enter their market with vast amounts of resources and people to help aid and transition American companies into their economy. I feel confident, after my research, that investing our dollars will be a prosperous investment. If you have any questions regarding my presentation, please feel free to contact me via email or you can go directly to the helpful sites that I have mentioned in this presentation. Again, thank you all for your undivided attention and have a wonderful day. Kathrene Borden Director of Marketing Research
  • Walmart india[1]

    1. 1. Wal Mart INDIA
    2. 2. India’s Laws & Regulations <ul><li>Rule of law is strong in India </li></ul><ul><li>Complex projects should allow for delays </li></ul><ul><li>Have a capable local attorney </li></ul><ul><li>Encounter public interest litigation </li></ul>
    3. 3. Key Business Law Provisions <ul><li>Indian Contract Act, 1872 </li></ul><ul><li>Companies Act, 1956, amended 2006 </li></ul>
    4. 4. Doing Business in India <ul><li>90% of India speaks English </li></ul><ul><li>Second fastest growing market in Asia </li></ul><ul><li>India is a British colony with British laws </li></ul><ul><li>India welcomes American companies </li></ul><ul><li>South India is the Silicon Valley </li></ul>
    5. 5. India’s Economy
    6. 6. Sales, Marketing & Export Assistance <ul><li>U.S. Commercial Service </li></ul><ul><li>U.S. State Department Bureaus of South and Central Asian Affairs </li></ul><ul><li>Foreign Agricultural Service </li></ul><ul><li>U.S. Embassy, New Delhi </li></ul>
    7. 7. 2008 Exports of HS. Total
    8. 8. Summary <ul><li>India is the second largest market in Asia </li></ul><ul><li>India has no problem doing business in English </li></ul><ul><li>American companies are welcomed </li></ul><ul><li>India market has an infinite amount of resources & people </li></ul>
    9. 9. References =1dtolt3rhznibk45yrmkj455-2009-6-30-0-7-16