Ppt Industrial Policy of India Aayushi,Arnima,Himani

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BUSINESS ENVIRONMENT

PRESENTATION

Submitted to:Dr. Ranjan Upadhyaya

FMS

WISDOM

Banasthali University



ROLE OF INDIAN INDUSTRIAL POLICY

IN INTERNATIONAL BUSINESS

Submitted By :

Aayushi Jain (7133)

Arnima Agarwal (7154)

Himani Chawla (7186)MBA 3rd sem

WISDOM



FRAMEWORK

• Introduction on industry and industrial policy

• History of industrial policy

• Key areas of industrial policy

• International business

• Need and type of international business

• Foreign relation of India

• India’s bilateral relations with China and USA • Trade relations of India with respect to China

• Trade relations of India with respect to USA



INTRODUCTION

• Industry : any type of economic activity

producing goods and services.

• Industrial policy : government policies that

are directly aimed at inducing growth and structural change in the industrial sector.



1980

1977

19731956

1948



OBJECTIVES

• To provide support

•

Foreign investment and technology

• To abolish monopoly

• Encouraging entrepreneurship



KEY AREAS

• Industrial licensing policy

• Foreign investment policy

•

Foreign technology agreements• Public sector policy

• MRTP Act



INDUSTRIAL LICENSING POLICY

• 3 categories of Industries

• Moving away from capacity licensing

• Allowing private sector

• Abolish licensing



FOREIGN INVESTMENT POLICY

• Relationship between foreign and domestic industry

• Direct foreign investment up to 51%

• Promotion of export of Indian products



FOREIGN TECHNOLOGY AGREEMENT

• Acquisition of technological capability

•

Avoiding unnecessary governmental interference

•

Independence of absorption of foreigntechnology



PUBLIC SECTOR POLICY

• Public ownership and control

• Low rate of return

• Priority areas for growth



MRTP ACT

Objectives

• Concentration of economic power

• Control of monopolies

• Prohibition of unfair trade practices





TYPES OF INTERNATIONAL BUSINESS

14

Export-import trade

Foreign direct

investment

Licensing

Franchising

Management contracts



FOREIGN RELATIONS OF INDIA

• Formal diplomatic relations

• Regional & global power

• Founding member of several international

organization



BILATERAL RELATIONS

BETWEEN INDIA & CHINA

•

Single largest trading partner of India

• Improved relations

• PRC president visited India



CONTD….

BETWEEN INDIA & USA

• Pre Independence era

• Post Independence era• US President visited India

• Agricultural cooperation

•

Indian PM visited USA



IMPACT OF INTERNATIONAL BUSINESS

ON INDIA

• Growth rate

• Stock market

• High skilled manpower



RECENT CHANGES IN INTERNATIONAL

BUSINESS

• World trade decline

• Rate of globalization

• Regionalization

• Shifting participation



EXPANSION OF INTERNATIONAL

BUSINESS

• $200 billion - $7.5 trillion

• Twice of sales



TRADE RELATIONS BETWEEN INDIA

AND CHINA

India considers china as its largest trading

partner.

Imports by India from china

• Electrical Machinery

• Plastic

• Organic Chemicals and Inorganic Chemicals

• Iron And Steel, Iron/Steel Products

• Fertilizers • Silk, Fabric

• Vehicles



CONTD….

Imports by China from India

• Iron And Steel • Organic Chemicals Salt; Sulphur; Earth, Stone

• Cotton & Fabric

• Copper • Electrical Machinery

• Artificial Flowers, Feathers • Dye, Paint

• Precious Stones

•Fish And Seafood



INDIA – CHINA TRADE

(2004-2010)

Year Indian Imports Indian Exports Trade Volume

2004 5925.58 7672.51 13,598.09

Growth

2006

77.15%

8934.64

80.41%

9768.34

78.99%

18702.98

Growth

2008

50.5%

14588.04

27.2%

10469.18

37.4%

25057.22

Growth

2009

63.23%

24036.44

7.05%

14658.79

33.87%

38695.64

Growth

2010

64.7%

31500 (approx)

31%

40.02%

20300 (approx)

39%

54.42%

51800 (approx)

34%



INDIA – USA TRADE RELATIONS

• Global and strategic partnership

• Growths up to US $ 31.917 billion in 2006



FEATURES

• Enhanced hi – tech trade between two countries

• Agricultural alliance

• Investment sector

• Knowledge work

• Economic cooperation



EXPORTS FROM

INDIA TO USA• Gems and jewels

• Textiles

• Organic chemicals

• Agricultural products

• Growth in exports by 16.07%



USA EXPORTS TO INDIA

• Machinery

• Stones

• Metals

• Organic chemicals

• Aircraft

• Etc..



IMPEDIMENTS (OBSTACLES)

• High tariff

• High surcharges

• High taxes on imports

• Non tariff barriers on USA exports to India

• Etc..



HIGHER EDUCATION IN USA FOR

INDIAN STUDENTS• Full bright program

• Southern California

• University of taxes

• Arizona state university

• Etc..



Ppt Industrial Policy of India Aayushi,Arnima,Himani

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