SlideShare a Scribd company logo
The sector has been a key
earner of precious forex for the
economy. But India’s edge in
this respect is increasingly being
challenged, due to reasons
both internal and external. The
Dollar Business investigates
whether India’s services sector
is a classic case of potential
unleashed or remains an
unfinished national agenda!
INDIA’S SERVICES EXPORTS
UNTAPPED
OPPORTUNITIES?
www.thedollarbusiness.com Vol.3 Issue 11 November 2016 100 $2
Sunflower Oil
Sunny gains ahead
What makes India its largest importer
Coffee
Brewing profits worldwide
A caffeine-stimulated exports idea
Policy Focus
Status Holder Scheme
Can’t we have one for our MSMEs?
6 THE DOLLAR BUSINESS II NOVEMBER 2016
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Associate Editor (Print) : Andres Meren Molier
Associate Editor (Online) : Sheela Mamidenna
Senior Editors (Print) : Niladri S. Nath, Proyashi Barua
Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan,
Sairaj Iyer, Manishika Miglani
Assistant Editors (Online) : Aamir Hussain Kaki
Principal Correspondent : Deepak Kumar
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
ADVERTISEMENT SALES & MARKETING
Associate Vice-President : Lalit Seth
Deputy GeneralManager : Roosevelt Fernandes
AssistantManager : Maitreya Biswas
SeniorExecutive : Ayesha Fatima
InternationalRepresentatives
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Senior Designer : Shaik Masthan Vali
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Project Managers : Sridhar Bodla, Omar Larzi
SEO Manager : Sangameshwar Soma
SEO Specialist : Praveen Kukunarapu
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscriptions : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
ALLIANCES & COMMUNICATIONS
Sr. Manager : Rasanpreet Kaur
Deputy Manager : Anupama Polasa
Asstt. Manager : Sravya Palakuru
FINANCE & LOGISTICS
Manager : Parchuri Jhansi
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . +91-40-67609999
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2016
No part of this magazine may be reproduced in whole or in part without an ex-
pressed permission of the publisher. The information on this magazine is for
information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-
sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt.
Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete
information, or for any actions taken in reliance thereon. The information contained
about each individual, event or organisation has been provided by such individual,
event organisers or organisation without verification by us. All disputes are subject
to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.
Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at
5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
Volume: 3 Issue: 11 November 2016
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
IMPORT’ONOMICS
CRUDE SUNFLOWER OIL
Constant changes in import
policy has affected crude sun-
flower oil imports.
SECRET INGREDIENT
COFFEE
With prices in global markets
on the rise, Indian exporters of
coffee can rake in big profits
CASE STUDY
SHODHANA
LABORATORIES LTD.
An incredible journey of deter-
mination, innovation & exports
SPOTLIGHT
REPUBLIC OF KOREA
The trade deficit between
South Korea and India keeps
growing
POLICY MONITOR
RAGHUNATH SINGH RANA,
CHAIRMAN, SGEPC
On the sector’s exports
strength and challenges faced
by exporters
POLICY FOCUS
NO STAR FOR MSMES
The case for MSMEs to receive
Status Holder benefits
SME CORNER
ARJUNA NATURAL
EXTRACTS LTD.
On how it has turned itself into
an export powerhouse
DOCKYARD
KOLKATA DOCK SYSTEM
Can this riverine port live up to
the users’ expectations and be-
come a gateway to east India?
RAKESH SRIVASTAVA,
SR. VP & DIVISION HEAD, HMIL
Discusses the spectacular export performance of
India’s 2nd
largest car manufacturer
COVER STORY44
H. E. HYUN CHO
AMBASSADOR OF SOUTH KOREA TO INDIA
Talks about the current status of Indo-South Korean
bilateral trade tie, and the ways to strengthen it further
22
28
76
78
82
84
38
68
72
18
India’s services exports has grown
spectacularly over the last one
and a half decade, outpacing
merchandise exports many times
in terms of year-on-year growth.
But, can the sector provide fillip to
country’s exports by filling the growth
gap left by merchandise exports?
The Dollar Business analyses
INDIA’S SERVICES EXPORTS
TIME TO
TAP THE
UNTAPPED
44 THE DOLLAR BUSINESS II NOVEMBER 2016
COVER STORY SERVICES EXPORTS
SAIRAJ IYER | THE DOLLAR BUSINESS
COVER STORY SERVICES EXPORTSCOVER STORY SERVICES EXPORTS
India’s services exports has outperformed its more popular cousin
(read: merchandise exports) over the last few years. Truth however is,
despite the relative brilliance, growth in India's services exports has been
lacklustre. Limited trade agreements, absence of defined supply cycles, and
a lack of diversification makes one wonder if this sector can fill the vacuum in
earnings caused by a slowdown in merchandise exports.
SERVICES EXPORTS
POTENTIAL UNLEASHED
OR AN UNFINISHED AGENDA?
NOVEMBER 2016 II THE DOLLAR BUSINESS 45
AVIATION &
HOSPITALITY
ACCOUNTING
BANKING &
FINANCE
EDUCATION
ENTERTAIN-
MENT
ITES &
OUTSOURCING
PROJECT
EXPORTS
TRANSPORTA-
TION &
LOGISTICS
TELCO
PHARMA
MEDIA
LEGAL
PROCESSES
HEALTHCARE
Subscribe to read the
full magazine

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TDB November 2016 preview

  • 1. The sector has been a key earner of precious forex for the economy. But India’s edge in this respect is increasingly being challenged, due to reasons both internal and external. The Dollar Business investigates whether India’s services sector is a classic case of potential unleashed or remains an unfinished national agenda! INDIA’S SERVICES EXPORTS UNTAPPED OPPORTUNITIES? www.thedollarbusiness.com Vol.3 Issue 11 November 2016 100 $2 Sunflower Oil Sunny gains ahead What makes India its largest importer Coffee Brewing profits worldwide A caffeine-stimulated exports idea Policy Focus Status Holder Scheme Can’t we have one for our MSMEs?
  • 2. 6 THE DOLLAR BUSINESS II NOVEMBER 2016 President (VMPL) : Steven Philip Warner & Editor-in-Chief EDITORIAL & RESEARCH Editor : Manish K. Pandey Executive Editor : Indranil Das Associate Editor (Print) : Andres Meren Molier Associate Editor (Online) : Sheela Mamidenna Senior Editors (Print) : Niladri S. Nath, Proyashi Barua Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan, Sairaj Iyer, Manishika Miglani Assistant Editors (Online) : Aamir Hussain Kaki Principal Correspondent : Deepak Kumar EDITORIAL CONSULTING BOARD Founder & Editor : Anil Goyal Publisher : Avnish Goyal Chief Consulting Editor : Dr.A. K. Sengupta Editorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA) ADVERTISEMENT SALES & MARKETING Associate Vice-President : Lalit Seth Deputy GeneralManager : Roosevelt Fernandes AssistantManager : Maitreya Biswas SeniorExecutive : Ayesha Fatima InternationalRepresentatives Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256) London(UK) : S. Puri (+44 207 376 1996) ART & PHOTOGRAPHY Art Director : Sujesh Kumar G. Senior Designer : Shaik Masthan Vali Designer : Gopal Ganesh Reddy Photographer : Dileep Kumar THE DOLLAR BUSINESS ONLINE Project Managers : Sridhar Bodla, Omar Larzi SEO Manager : Sangameshwar Soma SEO Specialist : Praveen Kukunarapu Asst. Mgr. (Data & Metrics) : C. Dileep Reddy Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad CIRCULATION, SUBSCRIPTION & DISTRIBUTION General Manager : S. S. Sudesh Manager - Subscriptions : M. Vinay Kumar Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey, Rajneesh Laroiya ALLIANCES & COMMUNICATIONS Sr. Manager : Rasanpreet Kaur Deputy Manager : Anupama Polasa Asstt. Manager : Sravya Palakuru FINANCE & LOGISTICS Manager : Parchuri Jhansi PRINTER Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN PUBLISHED AT 5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN FOR EDITORIAL/CONTENT Email: editorial@thedollarbusiness.com FOR ADVERTISEMENT Email: ads@thedollarbusiness.com FOR SUBSCRIPTION Email: subscription@thedollarbusiness.com . +91-40-67609999 For queries / comments you can send us an SMS at +91-888-633-1947 © Copyright 2016 No part of this magazine may be reproduced in whole or in part without an ex- pressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re- sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana. Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana. Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad, Hyderabad - 500 020, Telangana. Volume: 3 Issue: 11 November 2016 www.thedollarbusiness.com facebook.com/tdbIndia twitter.com/TheDollarBiz in.linkedin.com/in/thedollarbusiness/ IMPORT’ONOMICS CRUDE SUNFLOWER OIL Constant changes in import policy has affected crude sun- flower oil imports. SECRET INGREDIENT COFFEE With prices in global markets on the rise, Indian exporters of coffee can rake in big profits CASE STUDY SHODHANA LABORATORIES LTD. An incredible journey of deter- mination, innovation & exports SPOTLIGHT REPUBLIC OF KOREA The trade deficit between South Korea and India keeps growing POLICY MONITOR RAGHUNATH SINGH RANA, CHAIRMAN, SGEPC On the sector’s exports strength and challenges faced by exporters POLICY FOCUS NO STAR FOR MSMES The case for MSMEs to receive Status Holder benefits SME CORNER ARJUNA NATURAL EXTRACTS LTD. On how it has turned itself into an export powerhouse DOCKYARD KOLKATA DOCK SYSTEM Can this riverine port live up to the users’ expectations and be- come a gateway to east India? RAKESH SRIVASTAVA, SR. VP & DIVISION HEAD, HMIL Discusses the spectacular export performance of India’s 2nd largest car manufacturer COVER STORY44 H. E. HYUN CHO AMBASSADOR OF SOUTH KOREA TO INDIA Talks about the current status of Indo-South Korean bilateral trade tie, and the ways to strengthen it further 22 28 76 78 82 84 38 68 72 18 India’s services exports has grown spectacularly over the last one and a half decade, outpacing merchandise exports many times in terms of year-on-year growth. But, can the sector provide fillip to country’s exports by filling the growth gap left by merchandise exports? The Dollar Business analyses INDIA’S SERVICES EXPORTS TIME TO TAP THE UNTAPPED
  • 3. 44 THE DOLLAR BUSINESS II NOVEMBER 2016 COVER STORY SERVICES EXPORTS SAIRAJ IYER | THE DOLLAR BUSINESS COVER STORY SERVICES EXPORTSCOVER STORY SERVICES EXPORTS India’s services exports has outperformed its more popular cousin (read: merchandise exports) over the last few years. Truth however is, despite the relative brilliance, growth in India's services exports has been lacklustre. Limited trade agreements, absence of defined supply cycles, and a lack of diversification makes one wonder if this sector can fill the vacuum in earnings caused by a slowdown in merchandise exports. SERVICES EXPORTS POTENTIAL UNLEASHED OR AN UNFINISHED AGENDA? NOVEMBER 2016 II THE DOLLAR BUSINESS 45 AVIATION & HOSPITALITY ACCOUNTING BANKING & FINANCE EDUCATION ENTERTAIN- MENT ITES & OUTSOURCING PROJECT EXPORTS TRANSPORTA- TION & LOGISTICS TELCO PHARMA MEDIA LEGAL PROCESSES HEALTHCARE
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