short term program in practical Global Business management

Global Business Department

EMPI Business school Chatterpur, New Delhi.

Trends in Indias Exports & Imports

($ Billion) Year Merchandise Growth Merchandise Growth Exports Rate (%) Imports Rate (%) 29 13.6 -3.6 40.5 20.9 251.6 303.6 286.8 369.7 488.6 35.5 20.7 -5.5 28.2 32.1 Trade Deficit

2007-08 163.1 2008-09 185.3 2009-10 178.6 2010-11 251.1 2011-12 303.7

-88.5 -118.3 -108.2 -118.6 -184.9

Indias Foreign Trade Policy 20092014

Indias FTP 2009 2014 was announced on 27th August, 2009. The short term objective of the FTP was to arrest and reverse the trend of decline in exports and provide additional support to those sectors that had been hit by the recession. As demand for major items of bulk imports are likely to keep rising, focus is on high exports growth to bridge the trade deficit.

 As against the export target for 2010-2011 of US $ 200 billion, actual export stood at US $ 251 billion.
Taking this as base, the target was set for doubling the exports to US $ 500 billion by 20132014 by Ministry of Commerce, Govt. of India. To achieve this a compound average growth of 26.7% per annum in exports is envisaged.

Market Strategy
To ensure sustained growth of exports, to achieve planned targets, the core of the government market strategy would be
I. Focus on markets in Asia (including ASEAN) Africa and Latin America and strengthen Indias presence in newly opened up markets. To deeper engagement in the older markets, by increasing volumes, by targeting increased shares for our exports in the imports baskets of large importers of our export products and by diversifying the product basket of exports.

II.

Focus Market Scheme

26 new markets have been added under Focus Market Scheme in Africa, Latin America and Asia. An incentive of 3% is available for exports to these markets.

Focus Product Scheme

The product having export potential have been included under the scheme and an incentive of 2% is available for these product Exports. These include , Engineering products (agricultural machinery, parts of trailers, sewing machines, hand tools, garden tools, musical instruments, Clocks and watches, Railway locomotives etc.). Plastic (Value added products), jute products, Textiles, Green technology products (Wind mills, wind turbines, electric operated vehicles etc.) , Project goods, vegetable oils and certain electronic items.

Exports Strategic targets for 2013-14

Exports item Gems & Jewellery Engineering Goods Textiles Drugs, Pharma & Fine Chemicals Other basic chemicals Electronic goods Leather & leather manufactures Plastic Iron ore

Exports 2010 29.08 32.55 18.29 8.97 6.84 5.45 3.28 3.37 6.03

Projected Exports 70.00 125.00 42.00 25.00 19.00 17.00 9.00 10.00 9.00

Share in total Projected exports % 14.00 25.00 8.40 5.00 3.80 3.40 1.80 2.00 1.80

Mica & other ores

Marine products Agricultural products Petroleum products Miscellaneous Total

2.69
2.10 12.62 28.19 18.33

9.00
5.00 22.00 80.00 58.00 500.00

1.80
1.00 4.40 16.00 11.60 100.00

Essential policy support form Govt.

Preferential access to new markets. Putting in place conducive trading arrangements. Priority strengthening of trade related infrastructure..

Growth targets opportunities

To achieve these ambitious growth targets, the country requires
I. II. Skilled manpower who are well versed in export/import management, logistics management. Consultants/market researchers to find out market/export potential surveys Trade specialists to conduct in company training programs/ management development programs to train export/import managers about policy changes, market opportunities etc. To conduct seminars to disseminate knowledge about emerging trade issues, export potential in target markets etc.

III.

IV.

Global Department Future Ventures

short term program in practical Global Business management
In view of the anticipated spurt in trading the industry demands trained man power in the areas of logistics management and export/import management. To cash on these opportunities, we plan to conduct above term programs as detailed below.

objectives
To help the beginner to enter foreign trade To make the current practitioner adept in handling various facets of foreign trade The program combines theory with practice in simple and systematic modules making the overall subject easy to comprehend and relate to practical situations

course
Duration Classes 6 months (part time) Saturday (4.30 PM- 7.30 PM) Sunday (3.30 PM- 6.30 PM) Course fees Rs 30,000/Eligibility 10+2(with two years experience) and Graduation in any discipline Batch size30 Method of deliverycase studies, lectures and live projects Date of commencement- 1st December 2012 Selection criteria profile of the candidate and personal interview.