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Posts Tagged ‘Indian’

Indian Import Export Business

Thursday, August 16th, 2012

The import export business in India is the subsequent result of globalization and the growth of trade relations between countries. Through these trade relations the Indian exporters have gained opportunities to expand their businesses overseas.

The Indian products have a huge demand in the foreign markets. The export business in India has been flourishing and according to reports it contributes a huge share to the development of the country. The Indian exporters have succeeded in with standing the stiff competition prevalent in the foreign markets through skilled manpower and quality products.

Some of the Top Import Export Sectors in India

Agriculture: The agricultural industry in India contributes a major share to the import export business as, unlike other countries in the world, agriculture is the backbone of Indian economy. Some of the most valued products in the international market include spices, wheat, rice, sugar, tobacco and tea.

Jewellery: The outstanding collection of jewellery in India is another important export industry. The Indian exporters have carved a niche for themselves in the field of jewellery both within the country and abroad. With intricate designs and exquisite masterpieces which speak volumes of the never fading Indian tradition, the jewellery from India are in great demand in the foreign markets.

Textiles and Apparels: Another sector which contributes a massive share to the country’s GDP is the textile industry. According to recent reports around 30 percent of the total exports include the textile exports. The demand of Indian textiles, with its exemplary texture and colors, has increased its value in the international markets.

Leather Products: The Indian exporters find it easy to market leather products of the country because of its high availability and excellent quality. It is one of those industries which contributes to the growth and development of the nation. Most of the foreign branded companies have invested in the Indian leather industries. It is known to be one of the top export industries in India. The Indian leather shoes, wallets, belts, carry bags are popular in the global markets.

Chemical products: The chemical industry in India is another well known sector where the Indian exporters contribute around 7 percent to the country’s GDP. India has made outstanding achievements in the field of medicine and pharmaceuticals. Almost majority of the chemical products which include dyes, paints, medicines, soaps and other products are exported to foreign countries on a huge scale.

Furnishing products: India with its ethnic designs and traditional styles manufacture home furnishing products like curtains, bed linens, cushions and so forth. These products depict the cultural essence of the country. Since the textile industry in India is one of the best in the world, the Indian exporters make huge profits with the export of these accessories.

Importance of Distance Education in Indian

Monday, May 28th, 2012

The Indian education industry is one of the largest in the country with a market-size of 450 million students, projecting revenue of $50 million, annually. The Indian education sector is projected to grow by 15% during the period 2011- 2021. And, distance education universities as the education provider for the masses is all set to tap the potential of student market.

Considering that the major populace of India is young and the rise in distance education degrees, there is a huge potential for growth which is inviting foreign investors in this sector. The partnerships of distance education universities with foreign universities will chiefly target the higher education segment, to offer advanced programs, special skills training and sorts. Additionally, the focus is on evolving through innovative teaching methods to improve the quality of distance education universities and online education.

There has been a series of progressive developments to promote foreign investments in the sector and the passing of the Foreign Education Bill in 2010 has bolstered the initiatives in this direction. At present, there is a long line of tie-ups with foreign universities. To name a few, there is the MoU between Australia’s Deakin University with St. Xavier’s and KC College; the age-old collaboration between Rhode-island based Brown University and St. Stephen’s College in Delhi and many more. The Foreign education bill is a welcome move for foreign universities who are eager to provide education in India, which in turn will give Indian students the option of pursuing world-class programs, inland rather than going abroad for the same. Columbia University proposes to set up a center in New Delhi for its faculty and students to take up research in India. Similarly, Harvard business school is focused on setting up campus in India to conduct its executive education programs. Other universities keen on an Indian-base are the Yale University, Massachusetts institute of technology and the University of Boston.

In a globalized economy, projecting a dynamic industrial scenario, opening up the windows for foreign collaborations will help the Indian education system and therefore the distance education universities to achieve global standards in quality and spell affordability for executive programs. Leading the current series of key global partnerships, UGC and DEC recognized Sikkim Manipal University Distance Education has signed a MoU with Scotland-based Edinburgh Napier University. The partnership will help distance MBA students from SMUDE to pursue an MBA from the Scottish university at a price equal to only one semester fee. This apart, the university has taken forward many initiatives through its technology platform to ensure all-round learning for its students. Going beyond academics, the university has integrated other forms of training in its wide spectrum of PG, UG and diploma courses. Additionally, SMUDE has leveraged on technology in the best way to make its students job-ready in the global arena.