For small and medium-sized enterprises in the business or professional services industry, expanding to a foreign market can be a daunting proposition. Many such companies limit their growth by not taking the chance, while others proceed with insufficient preparation and then wonder why they didn't succeed. The following is a brief outline of the key [...]
NEW DELHI: Before grabbing China's offer to invest in and help develop India's infrastructure, the Narendra Modi-led government wants to ensure easier norms in return for India to export IT, pharmaceuticals, farm goods, and health and tourism services so that the trade imbalance between the two countries gets reduced. In response to the five-year trade [...]
NEW DELHI: The Commerce Ministry is focusing on further simplifying the procedures for exporters in order to reduce transactions cost and boost India's overseas shipments, a senior government official today said. "Our endeavour is to make the procedure as simple as possible and make the process less painstaking...our aim is maximum governance and minimum government," [...]
Finding the perfect middleman in a business is like finding the right mate to spend the rest of your life with or the right house help especially when it is a live-in house help. It can take a lot of time and trust to understand your mate- a few test runs have to be made [...]
Fashion Sourcing agentsTo start a fashion label one has to deal with many things: Garment production and supplies, networking, marketing and sales as well as starting and running a business. Moreover, for the successful establishment of a fashion label it is usually necessary to have start-up capital and reserves or ongoing additional income. What you [...]
Shipping costs incurred by Indian exporters is twice as high as compared to those of China and thrice of Singapore, putting the country at a disadvantage in global trade, a recent study has found. The study by industry body Assocham observed that the high cost of logistics could hit India's competitiveness. "Shipping a container from [...]
Sourcing agents Nike. Apple. Joe Fresh. What do you associate with these companies? A conscious consumer might think of sweatshops with child labor; overworked & underpaid employees, some of whom resorted to suicide; or a factory in such horrid condition that it eventually collapsed. What's more important to your company? Short-term profits, or [...]