You are on page 1of 7

Its not a matter of IF, rather WHEN

you go international.

Kankshit Munshi
13813

What is exporting?

Exporting is selling goods in foreign markets as a way to earn profits. An Export Business is a venture where a firm buys or represents products or services produced in one country and sells them in other countries

TO CUT IT SHORT: EXPORT IS TO SELL.IN A MARKET WITH SOME RULES!

When do firms go global?

Higher appreciation in alien markets Exhausted Local Markets Over supply in local markets Integration

Why is it worth studying it today?

Rupee Breaches all time high of 61.80..

When the country at large cries foul of rupee going down

July exports grows by 11.6%; trade deficit down to $12.2bn

Why is it worth studying it today?

Fresh Export incentives up to INR 1000 Cr

Although, this is mere duty draw back; exports will not leave ay

stone unturned to exploit the worsened CAD condition

Why is it worth studying it today?

Strengthened Agri commodities market.. Cheaper Indian Knowledge Bank (Human resource); Significant cost saving for many global giants Although, manufacturing is taking a dip, Agri and Knowledge exports is beaming showing the world where the GREEN lies..

All in all
Work hard for 1 year as even the next year is going to be as turbulent as this one

You might also like