Indian Advantage
We
incorporate current data and first hand knowledge from our associates
in India. ITC offers you a systematic and practical approach to doing
business with India.
India is just not a country but a sub-continent. India has proven to
be a tough challenge for many executives. Nana Laxman of ITC and his
team of experts provide a very useful and cost effective approach for
meeting your goals. This approach can only be possible by someone with
an in-depth knowledge and understanding of the Indian market conditions,
culture and business practices.
Services
for our Australian Clients
With
our wealth of knowledge and market conditions about India, ITC can provide
practical export assistance designed to help Australian businesses to
enter the Indian market.
India is generally perceived by many to be a complex, intricate and
often difficult market to deal with. Bureaucracy, diverse linguistic
and cultural differences could easily amaze a new entrant in the market.
With our extensive contacts in India and over 30 years of hands-on experience
of dealing with the country, we are well placed to assist our Australian
clients. We have associates working for us in all major Indian cities.
Thus, with our presence in Melbourne and a network of associates on
the ground in India we make it easy for you to do business with India.
You can count on our experience, efficiency and impressive track record.
With
a population of one billion, India offers a huge market potential for
most products and services. Imported products of good quality and high
standards are well regarded there. With the liberalisation of imports
many companies in India look at tying up with foreign companies for
agencies appointment and distribution network.
India has the second largest economy among the developing countries
after China. It has many attractions such as widespread use of the English
language, English legal and
accounting systems, Parliamentary form of government and low cost manpower
with a very large pool of skilled work force. The Indian middle class
with surplus disposable income is now estimated at over 150 million.
Thiis opportunity obviously attracts many overseas companies to explore
India's huge market potential.
Foreign investments are welcomed in India and the government has been
making it easier for foreign companies to do business in India. Indian
Rupee is convertible on trade account - i.e. profits, dividends and
interest can be repatriated without restrictions.
Among the multinationals operating in India are: Coca Cola, Pepsi Cola,
Mercedes Benz, BMW, Mc Donald, Kellogg's Cereals, Kentucky Fried Chicken,
Pizza Hut, Peugeot, Hyundai, Ford etc. The American, European and Japanese
companies are among the leading investors in India.
With our base in Melbourne and extensive contacts in India, we believe
we are well placed to meet your requirements. You
can put our experience to work for you.
India
- An Introduction
Almost five decades of economic planning have helped India convert itself from a historically inherited, typically colonial underdeveloped nation into self-sustained, growth oriented one that now ranks among the leading economies of Asia.
Self-sufficiency in food grainsand dairy products, a massive build-up
of key industrial and infrastructure bases, techno-industrial upsurge
alongside phenomenal growth in agriculture and IT - software industries
have all helped to bring about strong economic development.
A vibrant , emerging financial structure has provided an appropriate
backdrop to the innate strength of the economy. Its resilient growth
has seen the country ride through both internal and external economic
disturbances of the recent past.
India
offers a fully functional market infrastructure comprising:
- liquid
stock exchanges enjoying high trading volumes
- the
largest network of bank branches and a variety of financial institutions
- a
well-entrenched legal framework
- extensive
road, rail, sea, air and waterways as well as telecommunications network
- excellent
training and educational institutions
- abundance
of raw materials
- a
highly skilled English-speaking, educated skilled labour force
- thriving
entrepreneurial class
Of
India's total population of one billion, about 150 million constitutes
the middle class market that is experiencing an unprecedented consumer
revolution.
Export
/ Import Assistance
We have an extensive, up to date, database for Australian and Indian exporters, importers and manufacturers.
With our wealth of knowledge and market conditions about India, ITC
can render practical export assistance designed to help Australian businesses
to enter the Indian market.
We provide you a vast range advice, information and services. Once we
understand your needs we can offer the best practical solutions to help
you. Our assistance and advice can also help save you time and money,
thus reducing the costs associated with exporting.
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