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Presentation for Viva Pawan Tejwani
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Different Modes of entry
into international business
– by Mr. Puneet Thakkar
Different Modes of
entry into
international
business – by Mr.
Puneet Thakkar - 1
• Exporting
• Types:
• Indirect Exporting
• Tie up with intermediary /middle
man and do not involve in direct
export.
• Direct Exporting
• Work direct with foreign businesses
and ship to them directly.
• Intra corporate transfers
• Licensing – needs IEC (Import Export Code)
• When someone or some company
leases the rights to do the business at
some location under their name.
• Example: Manish Malhotra.
• Franchising
• E.g: McDonalds, Subway etc.
Different Modes of
entry into
international
business – by Mr.
Puneet Thakkar - 2
• Specialized entry modes
• Management contracts
• E.g: schools, colleges, hospitals
have contracts with cafeteria
outside.
• Turnkey projects
• Based on timelines, owns
overall design and
implementation of the project
and delivers to the contractee.
• E.g: TnM models.
• Contract manufacturing
• E.g: Apple Inc. with Foxconn.
Leaders Of Tomorrow
(IT)
Prof. P H Pendse -
Dean IT & Business
Design
Leaders Of
Tomorrow (IT)
Prof. P H
Pendse - Dean
IT & Business
Design - 1
Demystifying IOT
Device
interconnectivity
Smart cities
Better governance
Areas of business
Compared to Internet in 90s. The
potential may not be known now
but as every business wants to
be on internet now, they didn’t
want to do it before.
SME’s Reduce headcount and still get
the value out of it.
Leaders Of
Tomorrow (IT)
Prof. P H
Pendse - Dean
IT & Business
Design - 2
• Remotely available for operations
• Better returns for entrepreneurs from regulatory
standpoint
Skillset
• Key principle is Convenience
• E.g: auto lock door after 1 minute of unlock. (takes
out visual ability to deal with the problem)
Consumer impact
• E.g: Digital India is the major step towards MSEM.
• Companies are already getting into 5G and everyone
is habitual to 4G.
• Hardware needs to be available cheaper and hence it
requires some time but already work is being done.
Infrastructure Needs
Leaders Of
Tomorrow (IT)
Prof. P H
Pendse - Dean
IT & Business
Design - 2
• Remotely available for operations
• Better returns for entrepreneurs from regulatory
standpoint
Skillset
• Key principle is Convenience
• E.g: auto lock door after 1 minute of unlock. (takes
out visual ability to deal with the problem)
Consumer impact
• E.g: Digital India is the major step towards MSEM.
• Companies are already getting into 5G and everyone
is habitual to 4G.
• Hardware needs to be available cheaper and hence it
requires some time but already work is being done.
Infrastructure Needs
The Art of War by Sun Tzu -
Prof. Percy Vaid
The Art of War by Sun
Tzu - Prof. Percy Vaid - 1
• Understand the enemy and use it to demoralize the enemy.
• Market application – competition management
• If you know your enemy and yourself … you shall win all the
battles
• In peace prepare for war and in war prepare for peace
• Business application: don’t get overwhelmed by success
or don’t get setbacks from slowdowns, example IBM
computers in 1970’s
• The clever combatant looks to the effect of combined energy
and does not require too much from individuals
• Corporate application - work in teams, don’t be
dependent on one resource or type of resource to be
safe from monopoly.
The Art of War by Sun
Tzu - Prof. Percy Vaid - 2
• Strike at vulnerable points and attack in unexpected
quarters
• The spot where we intend to fight must now be
made known, else enemy can prepare for attack
from several fronts
• Application: ensure that the product line
launches are close to your heart and not
leaked to anyone. Patent infringement.
• IF the enemy leaves door open, rush in!
• Any opportunity left out by the competitor
should be attacked in terms of making your
service available if valuable to create more
value for customers.
PERT - Program Evaluation and
Review Technique Prof Gaurang
Chandrana
PERT - Program
Evaluation and
Review
Technique Prof
Gaurang
Chandrana
PROGRAM EVALUATION AND REVIEW
TECHNIQUE.
GIVES MINIMUM AND TOTAL TIME
REQUIRED TO COMPLETE ANY
PROJECT.
IT WAS DEVELOPED FOR US NAVY TO
CALCULATE OVERALL TIME TAKEN FOR
TRANSPORT OF ONE SHIPMENT TO
ANOTHER.
1968 OLYMPICS WERE PLANNED
USING PERT.
Assetology Prof.
Lalit Popli
Assetology Prof.
Lalit Popli - 1
• Investment is a science and art.
• Financial Assets
• Bonds
• Fixed Deposits etc.
• Physical assets
• Real estate
• Gold
• Understanding of asset and picking of sub asset is
important
• Strategic decision of which asset to invest in.
Assetology Prof.
Lalit Popli - 2
• Interaction between assets is like cause and effect.
• Effect of one asset on another
• E.g. Interest rates based on money supply
• Fiscal <-> Inflation cause and effect relationship for
government asset planning.
• Study of asset dependency i.e. assetology helps in
investment in correct place and hence helps reduce the
risk of investment by knowledge of simple dependency
graph.
WeLounge
Mr. Gautam Borah – Vodafone
Vice President – Customer service
Operations at Vodafone
Mr. Gautam Borah – Vodafone
Vice President – Customer service Operations at Vodafone
Author of Monetizing
innovation
Talks about Concept of
customer satisfaction in India.
Atithi devo bhava – treat the guest like
the god, treat the same for customers
Why Happy Customers is the
norm
He’s the purpose of customer service
existence.
Word of mouth marketing.
Pro’s of being a customer
service executive
Connected to ground
Relationship building and hence further
business with the customer
Mr. Gautam Borah – Vodafone
Vice President – Customer
service Operations at Vodafone
• Customer service operations are the core of any
business if you want to survive in Indian telecom
industry.
• The telecom industry is changing the way it used to
be, cheaper and quality services are taking place of
older technology.
• The quality of the service and assistance in case of
bad service is what makes the customer stay.
• The par existence of customer service makes sure
that the customer happiness is achieved and it’s
only by means of customer happiness we are able
to get the latest of the technologies implemented
to further improve the service.
Ms. Padmini Misra - Cox & Kings
CPO and Global Head HR
Ms. Padmini
Misra - Cox
& Kings
CPO and
Global Head
HR
Interacted extensively with startups globally at leadership level for
the good part of last 34 years.
Hospitality teaches the dignity of service.
Offered entire BPO training with retired kathakali trainer to the first
Indian team which initially had known GE to be the bulb company.
It’s very important for the right kind of talent to map in.
Says, Never be scared of numbers, have numbers on your fingertips.
Learnings: Don’t chase success, chase learnings and always be
humble in every aspect of your life.
Ms. Padmini
Misra - Cox
& Kings
CPO and
Global Head
HR
Ms. Padmini specified on
how her diversified
experience was helping her
to achieve higher with
empathy and humility in all
the areas she worked in.
Her initial challenge was to
train the best of the talent
when she herself wasn’t
aware of all the nitty gritty
of entire system.
Introduction of processes
and multiple regulations in
all her internal systems
made sure that the
customer was delivered
the highest of the quality
services.
The diversified experience
in the Hospitality field and
in different countries has
given her the timely
exposure to best of the
services she could offer
and hence now she’s able
to offer best of the services
with the brand she got in
India.
MS. Anuj Galgotia – RNA Corps
VP and Head
MS. Anuj
Galgotia –
RNA Corps
VP and Head
Started in 1990
Always interested in strategic management
It’s all about experience that comes with time, you
have to be in the system to understand it in depth and
simultaneously apply for what you’ve learnt.
One should be trained to deal with Chaos in the
business and leadership.
One should always be ready to paint the bigger canvas
with bigger responsibilities and higher complexities in
order to continually grow in career.
MS. Anuj
Galgotia –
RNA Corps
VP and
Head
The best of the experiences come from the balanced lifestyle
you have.
You are just a part time achiever at home front if you are a full
time person in your professional career.
It’s best to be dependent on reliant sources for best of the
knowledge and implementation, this helps in achieving best of
the services in HR and Admin both.
The HR and Admin both roles have it’s ups and downs and we
should be thorough in dealing with the day to day chaos, in fact
we should be trained in them in order to achieve more.
Newswire
THE FUTURE OF
TRADE
THE FUTURE OF
TRADE
• Technology could bridge the current $1.5 trillion trade
finance gap, unlocking new opportunities for trade across
borders.
• The organization gathered 250 global industry leaders,
academics, and experts in six commodity trade hubs to
discuss how trade will change in the next decade and how it
will drive the global economy into the On the digitalization
front, the report found that global trade and trade finance
are at the cusp of a digital revolution driven by financial
technology and blockchain.
• Reducing supply chain barriers to trade could increase
global GDP by five percent, and trade volumes by 15
percent.
• The report sets out to identifiy how each will this impact
global trade, evaluating 10 key commodities trading hubs
based on three factors: commodity endowment,
institutions, and location.
THE WORLD’S TWO LARGEST
ECONOMIES ARE DISENTANGLING
THE WORLD’S
TWO LARGEST
ECONOMIES ARE
DISENTANGLING
As Derek Scissors of the American Enterprise Institute points out in a recent
article, there were good reasons for the US to accept Chinas larger role in the
world economy.
Low-cost goods from China helped American consumers and retailers and
there are still US interests that benefit from trade with China and from its
larger presence on the world stage.
At the same time, it was hoped that, with Chinas growing role in the global
economy and with its membership in the World Trade Organization, that it
would start playing by international rules, especially when it came to respect
for intellectual property rights.
The Trump administrations trade and economic policies towards China
represent a negative reaction to developments on the other side of the
pacific, signaling that the US will no longer tolerate how China operates in
the global economy.
SEAFOOD EXPORT
RISES 22% TO
NEARLY $7.1
BILLION IN 2017-18
SEAFOOD
EXPORT RISES
22% TO
NEARLY $7.1
BILLION IN
2017-18
Seafood export rose 22
per cent to nearly $7.1
billion in 2017-18 as
compared to $5.8 billion
a year before.
The US was followed by
Southeast Asia, 31.6 per
cent in dollar terms.
The European Union
took 15.8 per cent and
Japan took 6.3 per cent.
Export to the US rose
31.6 per cent and to
Southeast Asia by 29.4
per cent, in dollar
terms.
In the latter, Vietnams
share was 79.3 per cent,
followed by Thailand at
11.6 per cent.
SHOULD INTERNATIONAL TRADE IN
INTELLECTUAL PROPERTY BE REGULATED?
SHOULD
INTERNATIONAL
TRADE IN
INTELLECTUAL
PROPERTY BE
REGULATED?
• Intellectual property is created, protected, sold, traded,
shared, and stolen on an ongoing basis.
• That’s why the World Trade Organizations TRIPS agreement
was negotiated during the 1986-1994 Uruguay Round,
which introduced intellectual property rules into the
multilateral trading system for the first time.
• TRIPS does not discourage IP owners from selling and
trading it in ways that may provide short-term business
benefits but damage long-term international competition.
• IP transferred to gain access to Chinese markets, for
example, can be used for long-term global advantage It
encourages the concentration of trade in the hands of a
relatively few world economic powers.
• Should international trade in intellectual property be
regulated?
ADOPTION OF DIGITAL PAYMENT
SOLUTIONS IS LIKELY TO RISE FURTHER IN
ASIA-PACIFIC
ADOPTION OF
DIGITAL PAYMENT
SOLUTIONS IS LIKELY
TO RISE FURTHER IN
ASIA-PACIFIC
• The adoption of digital wallets and contactless card-
based payments by retailers in developing countries
across Asia-Pacific is likely to rise further and become a
standard, according to Global Data With safety, trust
and convenience emerging as important factors, the
adoption of digital wallets and contactless card-based
payments by retailers in developing countries across
Asia-Pacific is likely to rise further and become a
standard, according to Global Data.
• As a result, all types of retailers understood the need to
offer cashless payment methods to remain competitive,
said Andreas Olah, Lead Analyst for Digital Retail,
Global Data.
• In Europe, Swedish mobile payments company iZettle
offers a mobile card reader which is a popular choice
among several smaller retailers, cafes and restaurants.
• Adoption rates are likely to rise for digital wallets, as
well as for contactless card-based payments as they are
becoming the standard in many countries.
IMPORT OF MEDICAL DEVICES FROM US
ON THE RISE; HERE'S ALL YOU NEED TO
KNOW
IMPORT OF
MEDICAL
DEVICES FROM
US ON THE RISE;
HERE'S ALL YOU
NEED TO KNOW
From Rs 61.5 billion in 2014-15, import of medical devices from
the US was Rs 74.2 bn in 2017-18.
India imports around 80 per cent of its medical devices
requirement and a fourth of that comes from the US. The overall
medical devices market in India is estimated to be Rs 640 bn.
Rajiv Nath, forum coordinator, Association of Indian Medical
Device Industry, says in contrast, the US government bars Indian
manufacturers from bidding for any tender there.
It is strange that companies that sell stents in Italy for less than Rs
20,000 and less than Rs 40,000 in Germany, are crying foul in
India where they price the stents at Rs 30,000 each, said Sabat.
ENGINEERING
EXPORTS GROW 20
PER CENT IN APRIL-
MAY PERIOD
ENGINEERING EXPORTS GROW 20 PER CENT IN
APRIL-MAY PERIOD
The Indian engineering exports have
managed to grow by close to 20 per cent
for the April-May, 2018 , reflecting a so far
so good scenario even as the US China
tariff war has spread to some key trading
markets in Europe, Canada and Mexico
and shows no early signs of abating, said
the EEPC India, the apex body of
engineering exporters.
It is so far so good making it imperative
for us to keep engaged with the major
trading powers of the world and staying
on course to remain champion of free
trade, as mandated in the World Trade
Organisation , said EEPC India chairman
Mr Ravi Sehgal.
PHARMA
COMPANIES BAG
40% OF US
GENERICS
PHARMA
COMPANIES
BAG 40% OF
US
GENERICS
The volume share of Indian pharma companies in the US generic
market has grown to nearly 40 per cent in August despite regulatory
woes and pricing pressures.
The US, the most lucrative generics market valued at around $60
billion, accounts for 40-60 per cent of revenues of most domestic
companies including Sun Pharma, Cipla, Lupin and Aurobindo with an
overall share of around $10 billion.
Not only have drug approvals of plain-vanilla generics surged in the US,
but an increasing number of domestic companies are manufacturing
complex first generic products.
PwC India leader Sujay Shetty says complex generics and speciality
products, which are difficult to manufacture, and niche drugs could
add value for domestic companies in the near to mid-term as they are
more resilient to pricing pressure.
GLOBAL DEBT HITS A
NEW RECORD AT $247
TRN, $29 TRN HIGHER
THAN END OF 2016
GLOBAL DEBT
HITS A NEW
RECORD AT
$247 TRN,
$29 TRN
HIGHER THAN
END OF 2016
The pace of the debt increase in the first quarter is a
concern to the IIF as they note that the quality of the
debt has declined, particularly in emerging markets
The pace of the debt increase in the first quarter is a
concern to the IIF as they note that the quality of the
debt has declined, particularly in emerging markets.
Total emerging market debt rose by $2.5 trillion to a
new record of $58.5 trillion in the first quarter raising
concern.
INDIA'S CRUDE OIL
IMPORT JUMPS 10.5%
IN OCT, HITS HIGHEST
LEVEL IN 7 YEARS
INDIA'S CRUDE OIL
IMPORT JUMPS
10.5% IN OCT, HITS
HIGHEST LEVEL IN 7
YEARS
• Indias crude oil imports in October rose
to their highest level in at least more
than seven years, data from the
Petroleum Planning and Analysis Cell of
the oil ministry showed on Tuesday.
• Crude imports in October climbed 10.5
per cent from a year earlier to 21.02
million tonnes, the highest monthly
import figure in PPAC data going back
to April 2011.
• Indias oil imports from Iran fell by
about 12 per cent to about 466,000
bpd in October.
Thank You!

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My Welingkars 2nd semester presentation

  • 1. Presentation for Viva Pawan Tejwani
  • 3. Different Modes of entry into international business – by Mr. Puneet Thakkar
  • 4. Different Modes of entry into international business – by Mr. Puneet Thakkar - 1 • Exporting • Types: • Indirect Exporting • Tie up with intermediary /middle man and do not involve in direct export. • Direct Exporting • Work direct with foreign businesses and ship to them directly. • Intra corporate transfers • Licensing – needs IEC (Import Export Code) • When someone or some company leases the rights to do the business at some location under their name. • Example: Manish Malhotra. • Franchising • E.g: McDonalds, Subway etc.
  • 5. Different Modes of entry into international business – by Mr. Puneet Thakkar - 2 • Specialized entry modes • Management contracts • E.g: schools, colleges, hospitals have contracts with cafeteria outside. • Turnkey projects • Based on timelines, owns overall design and implementation of the project and delivers to the contractee. • E.g: TnM models. • Contract manufacturing • E.g: Apple Inc. with Foxconn.
  • 6. Leaders Of Tomorrow (IT) Prof. P H Pendse - Dean IT & Business Design
  • 7. Leaders Of Tomorrow (IT) Prof. P H Pendse - Dean IT & Business Design - 1 Demystifying IOT Device interconnectivity Smart cities Better governance Areas of business Compared to Internet in 90s. The potential may not be known now but as every business wants to be on internet now, they didn’t want to do it before. SME’s Reduce headcount and still get the value out of it.
  • 8. Leaders Of Tomorrow (IT) Prof. P H Pendse - Dean IT & Business Design - 2 • Remotely available for operations • Better returns for entrepreneurs from regulatory standpoint Skillset • Key principle is Convenience • E.g: auto lock door after 1 minute of unlock. (takes out visual ability to deal with the problem) Consumer impact • E.g: Digital India is the major step towards MSEM. • Companies are already getting into 5G and everyone is habitual to 4G. • Hardware needs to be available cheaper and hence it requires some time but already work is being done. Infrastructure Needs Leaders Of Tomorrow (IT) Prof. P H Pendse - Dean IT & Business Design - 2 • Remotely available for operations • Better returns for entrepreneurs from regulatory standpoint Skillset • Key principle is Convenience • E.g: auto lock door after 1 minute of unlock. (takes out visual ability to deal with the problem) Consumer impact • E.g: Digital India is the major step towards MSEM. • Companies are already getting into 5G and everyone is habitual to 4G. • Hardware needs to be available cheaper and hence it requires some time but already work is being done. Infrastructure Needs
  • 9. The Art of War by Sun Tzu - Prof. Percy Vaid
  • 10. The Art of War by Sun Tzu - Prof. Percy Vaid - 1 • Understand the enemy and use it to demoralize the enemy. • Market application – competition management • If you know your enemy and yourself … you shall win all the battles • In peace prepare for war and in war prepare for peace • Business application: don’t get overwhelmed by success or don’t get setbacks from slowdowns, example IBM computers in 1970’s • The clever combatant looks to the effect of combined energy and does not require too much from individuals • Corporate application - work in teams, don’t be dependent on one resource or type of resource to be safe from monopoly.
  • 11. The Art of War by Sun Tzu - Prof. Percy Vaid - 2 • Strike at vulnerable points and attack in unexpected quarters • The spot where we intend to fight must now be made known, else enemy can prepare for attack from several fronts • Application: ensure that the product line launches are close to your heart and not leaked to anyone. Patent infringement. • IF the enemy leaves door open, rush in! • Any opportunity left out by the competitor should be attacked in terms of making your service available if valuable to create more value for customers.
  • 12. PERT - Program Evaluation and Review Technique Prof Gaurang Chandrana
  • 13. PERT - Program Evaluation and Review Technique Prof Gaurang Chandrana PROGRAM EVALUATION AND REVIEW TECHNIQUE. GIVES MINIMUM AND TOTAL TIME REQUIRED TO COMPLETE ANY PROJECT. IT WAS DEVELOPED FOR US NAVY TO CALCULATE OVERALL TIME TAKEN FOR TRANSPORT OF ONE SHIPMENT TO ANOTHER. 1968 OLYMPICS WERE PLANNED USING PERT.
  • 14.
  • 16. Assetology Prof. Lalit Popli - 1 • Investment is a science and art. • Financial Assets • Bonds • Fixed Deposits etc. • Physical assets • Real estate • Gold • Understanding of asset and picking of sub asset is important • Strategic decision of which asset to invest in.
  • 17. Assetology Prof. Lalit Popli - 2 • Interaction between assets is like cause and effect. • Effect of one asset on another • E.g. Interest rates based on money supply • Fiscal <-> Inflation cause and effect relationship for government asset planning. • Study of asset dependency i.e. assetology helps in investment in correct place and hence helps reduce the risk of investment by knowledge of simple dependency graph.
  • 19. Mr. Gautam Borah – Vodafone Vice President – Customer service Operations at Vodafone
  • 20. Mr. Gautam Borah – Vodafone Vice President – Customer service Operations at Vodafone Author of Monetizing innovation Talks about Concept of customer satisfaction in India. Atithi devo bhava – treat the guest like the god, treat the same for customers Why Happy Customers is the norm He’s the purpose of customer service existence. Word of mouth marketing. Pro’s of being a customer service executive Connected to ground Relationship building and hence further business with the customer
  • 21. Mr. Gautam Borah – Vodafone Vice President – Customer service Operations at Vodafone • Customer service operations are the core of any business if you want to survive in Indian telecom industry. • The telecom industry is changing the way it used to be, cheaper and quality services are taking place of older technology. • The quality of the service and assistance in case of bad service is what makes the customer stay. • The par existence of customer service makes sure that the customer happiness is achieved and it’s only by means of customer happiness we are able to get the latest of the technologies implemented to further improve the service.
  • 22. Ms. Padmini Misra - Cox & Kings CPO and Global Head HR
  • 23. Ms. Padmini Misra - Cox & Kings CPO and Global Head HR Interacted extensively with startups globally at leadership level for the good part of last 34 years. Hospitality teaches the dignity of service. Offered entire BPO training with retired kathakali trainer to the first Indian team which initially had known GE to be the bulb company. It’s very important for the right kind of talent to map in. Says, Never be scared of numbers, have numbers on your fingertips. Learnings: Don’t chase success, chase learnings and always be humble in every aspect of your life.
  • 24. Ms. Padmini Misra - Cox & Kings CPO and Global Head HR Ms. Padmini specified on how her diversified experience was helping her to achieve higher with empathy and humility in all the areas she worked in. Her initial challenge was to train the best of the talent when she herself wasn’t aware of all the nitty gritty of entire system. Introduction of processes and multiple regulations in all her internal systems made sure that the customer was delivered the highest of the quality services. The diversified experience in the Hospitality field and in different countries has given her the timely exposure to best of the services she could offer and hence now she’s able to offer best of the services with the brand she got in India.
  • 25. MS. Anuj Galgotia – RNA Corps VP and Head
  • 26. MS. Anuj Galgotia – RNA Corps VP and Head Started in 1990 Always interested in strategic management It’s all about experience that comes with time, you have to be in the system to understand it in depth and simultaneously apply for what you’ve learnt. One should be trained to deal with Chaos in the business and leadership. One should always be ready to paint the bigger canvas with bigger responsibilities and higher complexities in order to continually grow in career.
  • 27. MS. Anuj Galgotia – RNA Corps VP and Head The best of the experiences come from the balanced lifestyle you have. You are just a part time achiever at home front if you are a full time person in your professional career. It’s best to be dependent on reliant sources for best of the knowledge and implementation, this helps in achieving best of the services in HR and Admin both. The HR and Admin both roles have it’s ups and downs and we should be thorough in dealing with the day to day chaos, in fact we should be trained in them in order to achieve more.
  • 30. THE FUTURE OF TRADE • Technology could bridge the current $1.5 trillion trade finance gap, unlocking new opportunities for trade across borders. • The organization gathered 250 global industry leaders, academics, and experts in six commodity trade hubs to discuss how trade will change in the next decade and how it will drive the global economy into the On the digitalization front, the report found that global trade and trade finance are at the cusp of a digital revolution driven by financial technology and blockchain. • Reducing supply chain barriers to trade could increase global GDP by five percent, and trade volumes by 15 percent. • The report sets out to identifiy how each will this impact global trade, evaluating 10 key commodities trading hubs based on three factors: commodity endowment, institutions, and location.
  • 31. THE WORLD’S TWO LARGEST ECONOMIES ARE DISENTANGLING
  • 32. THE WORLD’S TWO LARGEST ECONOMIES ARE DISENTANGLING As Derek Scissors of the American Enterprise Institute points out in a recent article, there were good reasons for the US to accept Chinas larger role in the world economy. Low-cost goods from China helped American consumers and retailers and there are still US interests that benefit from trade with China and from its larger presence on the world stage. At the same time, it was hoped that, with Chinas growing role in the global economy and with its membership in the World Trade Organization, that it would start playing by international rules, especially when it came to respect for intellectual property rights. The Trump administrations trade and economic policies towards China represent a negative reaction to developments on the other side of the pacific, signaling that the US will no longer tolerate how China operates in the global economy.
  • 33. SEAFOOD EXPORT RISES 22% TO NEARLY $7.1 BILLION IN 2017-18
  • 34. SEAFOOD EXPORT RISES 22% TO NEARLY $7.1 BILLION IN 2017-18 Seafood export rose 22 per cent to nearly $7.1 billion in 2017-18 as compared to $5.8 billion a year before. The US was followed by Southeast Asia, 31.6 per cent in dollar terms. The European Union took 15.8 per cent and Japan took 6.3 per cent. Export to the US rose 31.6 per cent and to Southeast Asia by 29.4 per cent, in dollar terms. In the latter, Vietnams share was 79.3 per cent, followed by Thailand at 11.6 per cent.
  • 35. SHOULD INTERNATIONAL TRADE IN INTELLECTUAL PROPERTY BE REGULATED?
  • 36. SHOULD INTERNATIONAL TRADE IN INTELLECTUAL PROPERTY BE REGULATED? • Intellectual property is created, protected, sold, traded, shared, and stolen on an ongoing basis. • That’s why the World Trade Organizations TRIPS agreement was negotiated during the 1986-1994 Uruguay Round, which introduced intellectual property rules into the multilateral trading system for the first time. • TRIPS does not discourage IP owners from selling and trading it in ways that may provide short-term business benefits but damage long-term international competition. • IP transferred to gain access to Chinese markets, for example, can be used for long-term global advantage It encourages the concentration of trade in the hands of a relatively few world economic powers. • Should international trade in intellectual property be regulated?
  • 37. ADOPTION OF DIGITAL PAYMENT SOLUTIONS IS LIKELY TO RISE FURTHER IN ASIA-PACIFIC
  • 38. ADOPTION OF DIGITAL PAYMENT SOLUTIONS IS LIKELY TO RISE FURTHER IN ASIA-PACIFIC • The adoption of digital wallets and contactless card- based payments by retailers in developing countries across Asia-Pacific is likely to rise further and become a standard, according to Global Data With safety, trust and convenience emerging as important factors, the adoption of digital wallets and contactless card-based payments by retailers in developing countries across Asia-Pacific is likely to rise further and become a standard, according to Global Data. • As a result, all types of retailers understood the need to offer cashless payment methods to remain competitive, said Andreas Olah, Lead Analyst for Digital Retail, Global Data. • In Europe, Swedish mobile payments company iZettle offers a mobile card reader which is a popular choice among several smaller retailers, cafes and restaurants. • Adoption rates are likely to rise for digital wallets, as well as for contactless card-based payments as they are becoming the standard in many countries.
  • 39. IMPORT OF MEDICAL DEVICES FROM US ON THE RISE; HERE'S ALL YOU NEED TO KNOW
  • 40. IMPORT OF MEDICAL DEVICES FROM US ON THE RISE; HERE'S ALL YOU NEED TO KNOW From Rs 61.5 billion in 2014-15, import of medical devices from the US was Rs 74.2 bn in 2017-18. India imports around 80 per cent of its medical devices requirement and a fourth of that comes from the US. The overall medical devices market in India is estimated to be Rs 640 bn. Rajiv Nath, forum coordinator, Association of Indian Medical Device Industry, says in contrast, the US government bars Indian manufacturers from bidding for any tender there. It is strange that companies that sell stents in Italy for less than Rs 20,000 and less than Rs 40,000 in Germany, are crying foul in India where they price the stents at Rs 30,000 each, said Sabat.
  • 41. ENGINEERING EXPORTS GROW 20 PER CENT IN APRIL- MAY PERIOD
  • 42. ENGINEERING EXPORTS GROW 20 PER CENT IN APRIL-MAY PERIOD The Indian engineering exports have managed to grow by close to 20 per cent for the April-May, 2018 , reflecting a so far so good scenario even as the US China tariff war has spread to some key trading markets in Europe, Canada and Mexico and shows no early signs of abating, said the EEPC India, the apex body of engineering exporters. It is so far so good making it imperative for us to keep engaged with the major trading powers of the world and staying on course to remain champion of free trade, as mandated in the World Trade Organisation , said EEPC India chairman Mr Ravi Sehgal.
  • 44. PHARMA COMPANIES BAG 40% OF US GENERICS The volume share of Indian pharma companies in the US generic market has grown to nearly 40 per cent in August despite regulatory woes and pricing pressures. The US, the most lucrative generics market valued at around $60 billion, accounts for 40-60 per cent of revenues of most domestic companies including Sun Pharma, Cipla, Lupin and Aurobindo with an overall share of around $10 billion. Not only have drug approvals of plain-vanilla generics surged in the US, but an increasing number of domestic companies are manufacturing complex first generic products. PwC India leader Sujay Shetty says complex generics and speciality products, which are difficult to manufacture, and niche drugs could add value for domestic companies in the near to mid-term as they are more resilient to pricing pressure.
  • 45. GLOBAL DEBT HITS A NEW RECORD AT $247 TRN, $29 TRN HIGHER THAN END OF 2016
  • 46. GLOBAL DEBT HITS A NEW RECORD AT $247 TRN, $29 TRN HIGHER THAN END OF 2016 The pace of the debt increase in the first quarter is a concern to the IIF as they note that the quality of the debt has declined, particularly in emerging markets The pace of the debt increase in the first quarter is a concern to the IIF as they note that the quality of the debt has declined, particularly in emerging markets. Total emerging market debt rose by $2.5 trillion to a new record of $58.5 trillion in the first quarter raising concern.
  • 47. INDIA'S CRUDE OIL IMPORT JUMPS 10.5% IN OCT, HITS HIGHEST LEVEL IN 7 YEARS
  • 48. INDIA'S CRUDE OIL IMPORT JUMPS 10.5% IN OCT, HITS HIGHEST LEVEL IN 7 YEARS • Indias crude oil imports in October rose to their highest level in at least more than seven years, data from the Petroleum Planning and Analysis Cell of the oil ministry showed on Tuesday. • Crude imports in October climbed 10.5 per cent from a year earlier to 21.02 million tonnes, the highest monthly import figure in PPAC data going back to April 2011. • Indias oil imports from Iran fell by about 12 per cent to about 466,000 bpd in October.

Editor's Notes

  1. http://newswire.nokomis.in/Message.aspx?id=227630
  2. http://newswire.nokomis.in/Message.aspx?id=227721
  3. http://newswire.nokomis.in/Message.aspx?id=227735
  4. http://newswire.nokomis.in/Message.aspx?id=227866
  5. http://newswire.nokomis.in/Message.aspx?id=229057
  6. http://newswire.nokomis.in/Message.aspx?id=229097
  7. http://newswire.nokomis.in/Message.aspx?id=229466
  8. http://newswire.nokomis.in/Message.aspx?id=230401
  9. http://newswire.nokomis.in/Message.aspx?id=230823
  10. http://newswire.nokomis.in/Message.aspx?id=238779