...SPECIAL REPORT ON EMERGING MARKETS www.dreamgains.com White Paper Special Report On Emerging Markets ABSTRACT This paper examines the four emerging economies- Brazil, India, Russia and China (BRIC) - that are expected to play an increasingly important role in the global economy in the coming decades. These four countries have come to symbolize the exciting challenges and opportunities presented by dynamic emerging markets. The first part of the report outlines key features of these economies and their growing contribution to world output and trade. The second part analyses the contribution of India towards the same. By 2050, the BRIC economies will account for 44% of global GDP. The emerging market accounts for an increasing share of global activity. Two centuries of vigorous industrialization has propelled economies of North America, Western Europe and Japan into a dominant position in terms of their share of world output. But the past three decades have seen steady erosion from the peak they attained during the 1970. The emerging economies now account for over half of world output. These dynamic economies are changing the world economic order as they industrialize, improve their infrastructure and rapidly develop their service sectors. By 2050, they will account for almost 78% of global output. This projection uses realistic assumptions of annual growth rates of 5.3% to 2050, well below those posted in recent decades by the economies of developing Asia at over...
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...Globalization Globalization in a defined state is the connection of people in different parts of the world; it results in the broadening of cultures, economic growth and political advancements (Dunn, 1989,1993). It can and does lead to a greater independence and mutual awareness among all the people of our world. This paper will focus on two non-Western cultures that have been impacted by Western globalization. The Globalization in China and India China has been impacted by Western globalization in regards to their economy. China has been transformed from a culture that relied on their own self-sufficient economy and refused the thought of Western globalization to becoming more open and acceptable to trade and foreign investments. Women in India have been impacted by Western globalization in the way they are viewed and treated in their society. With the many facets of globalization impacting India, men, women and children are now able to see how other cultures view and treat women; this has caused the view of women in India to start changing. The Globalization in China Prior to the implementation of globalization on China they were one of the worlds most significant opponent...
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...and love. Age of instability: young people either go to college or live with their friends or a romantic partner. For most frequent moves end as a families and careers are established in mid 30’s. Age of feeling in between: many emerging adult say they are taking responsibilities for themselves, but still do not completely feel like an adult. Age of self focus: freed of the parent and society directed routine of school, young people try to decide what they want to do, where they want to go, who they want to be with – before those choices get limited by the constraints of marriage, children and career. Culture influences in India in emerging adulthood In my culture as I m from India, examination of (a) whether or not they feel they are adult (b) the criteria they deem necessary for becoming an adults, (c) the extent to which they feel optimistic about their future. There are some conditions that seem to be necessary for emerging adulthood to exist in a particular society. Firstly, emerging adulthood is most likely to exist in industrialized and post industrial nations. Secondly, emerging adulthood most likely to exist in countries where there has been...
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...capitalisation stands at Rs 7,461.05 crore. India has the potential to become the number one tourist destination in the world with the demand growing at 10.1 per cent per annum, the World Travel and Tourism Council (WTTC) has predicted. The WTO (World Travel Organisation) predicts that India will receive 25 million tourists by year 2015. Major attractions in India are the world's highest mountains, miles of coastline with excellent beaches, tropical forests and wildlife, desert safari, lagoon backwaters, ancient monuments, forts and palaces, adventure tourism and, of course, the Taj Mahal. India currently has over 200,000 hotel rooms spread across hotel categories and guest-houses and is still facing a shortfall of over 100,000 rooms (source: FHRAI). The country is witnessing an unprecedented growth in hotel constructions and will be adding almost 114,000 hotel guest rooms to its inventory over the next five years. (source: HVS) The earlier setbacks in global tourism have strengthened the Department of Tourism's resolve to promote India's tourism through aggressive marketing strategies through its campaign 'Incredible India'. The 'marketing mantra' for the Department of Tourism is to position India as a global brand to take advantage of the burgeoning global travel and trade and the vast untapped potential of India as a destination. The Indian Hospitality Industry – An Overview The current scenario • Existing hotel rooms in India: 202,963, source FHRAI • Revenue of...
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...The Growth Map - Review ! ! In 2001, Jim O’Neill, predicted the next four emerging markets which he named the ‘BRICs’. This acronym is made up of Brazil, Russia, India and China. The acronym has come into common use as a symbol of the credible shift in global economic power away from the developed G7 economies towards the developing world. He predicted that the BRIC economies would experience faster economic growth than the G7 nations; Germany, Japan, Italy, United Kingdom, United States, France and Canada. This accelerated growth would raise the BRIC’s relative weights in the worlds aggregate GDP. Despite the fact that O’Neill was criticised when he first implemented the idea, his predictions have been spot on. The average annual GDP growth rate of all the BRIC countries has exceeded that of almost all G7 countries in nearly each of the past 10 years. After O’Neill had announced his prediction in 2001, the BRICs were formally announced in 2009. Discussions between the BRIC’s began in 2006 with four formal meetings with the foreign ministers of the BRIC countries happening between 2006-2008. He also introduces his new prediction within ‘The Growth Map’, the Next 11 (N-11), these are countries that will offer great opportunities for investors over the next decade. The N-11 consists of; South Korea, Mexico, Turkey, Pakistan, Nigeria, Iran, Phillipines, Vietnam, Indonesia, Egypt and Bangladesh. ! ! Looking more closely at the individual BRIC countries. Out...
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...INTRODUCTION This following report is used to justify the proposed country, India, as the potential country for Global Business Solutions’ client, Rein Wess (RW), to produce and sell their books. Therefore, this report highlights and debates on both aspects presented within the economic environment of India. ECONOMIC ANALYSIS Opportunities • Sustained Economic Growth According to various sources such as FTSE, MSCI (Morgan Stanley Capital International), The Economist and Standard & Poor, India is believed to be a huge emerging market. India’s annual real GDP3 estimated growth is approximately 8% yearly in 2000 to 2008. This suggests that the current economic conditions are largely favourable as the economy is growing strongly and positively despite the GFC4. This provides RW’s business a stable economic foundation to start their business steadily in India. [pic] Figure 1, Source: (World Bank, 2011) & (ET Bureau, 2011) • Large Population Market India’s current 1.21 billion population (Census India, 2011) is expected to grow at 1.3% in 2010. (World Bank, 2011) Of which, 672 million people are in the age-group 15 to 64 years which falls under the "working age population". 50% of India's population is under 25 years of age and there is a higher male to female ratio (Census India, 2011). This is highly favourable for RW because there might be an increase in demand for educational books as both new entrants (mainly males) of the workforce along with...
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...International Business Plan Starbucks India Proposal by Vrushali Paunikar 1 Table of Contents I. EXECUTIVE SUMMARY……………………………………………………...…………….p.3 II. INTRODUCTION……………………………………………………………….……………p.4 III. ANALYSIS OF THE INTERNATIONAL BUSINESS SITUATION……………………...p.6 IV. PLANNED OPERATION OF THE PROPOSED BUSINESS/PRODUCT/SERVICE….. p.11 V. PLANNED FINANCING……………………………………………………………….…..p.16 VI. BIBLIOGRAPHY………………………………………………………………………..…p.17 VII. APPENDIX………………………………………………………………….………….…p.18 2 I. Executive Summary In 1991, the Indian economy experienced a rebirth after the liberalization policies of the new prime minister. Thirteen years later, India has become one of the most exciting economies in the world with a huge increase in foreign investment and consumers who are willing to “spend, spend, spend!” Due to massive outsourcing on the part of foreign companies especially from the United States, educated Indians are now presented with exciting career opportunities, excellent pay, and the confidence to spend more money. Time magazine reports that these new consumers command $10.5 billion in cash to burn. There couldn’t be a more opportune time for the Starbucks Coffee Company to open its shops in the exotic land of India. The following is a proposal to open two new locations of Starbucks in India: one in Mumbai, a highly populated cosmopolitan business city, and the other in the nation’s capital, New Delhi. These locations were strategically picked to ensure success...
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...Assignment on “Meet the BRIC” Case Study | ITB 301Section: 3Spring 2012Submitted to:Salma AkterLecturerDepartment of Business Administration.East West University, Dhaka.Submitted byArafat Rauf2009-2-10-345Date of Submission: 28th March 2012 | Letter of Transmittal March 28, 2012 Salma Akter, Senior lecturer East West University Subject: Submission of Assignment on “Meet the BRIC” case study Dear Madam, I have prepared an Assignment on “Meet the BRIC” case study. It was an energizing experience throughout the semester and preparing this assignment further enhanced my insight about International Business. I hope that this report fulfils your requirements and your feedback is very much necessary to overcome my faults and lacking. This will help me in my entire life. It is my pleasure to carry out this assignment under your supervision. I would like to request you to accept my report for further assessment and I will be available to answer any question for clarification. Thank you for your sincere support. Yours sincerely, Arafat Rauf 2009-2-10-345 Table of contents Title | Page number | - BRIC | 4 | Economic growth of BRIC | 7 | Question 1: Map the proposed sequence of the evolution of the economy of the BRIC’s. What indicators might companies monitor to guide their investments and organize their local market operations? | 8 | Question 2: What are the implications of the emergence of the BRICs for careers and companies in your country? | 8...
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...A Visit To An Exhibition Recently an exhibition was held in our town. It was not so big and grand as the recent any metro city fair, yet it was remarkable in its own way. It was a very modest shows nevertheless it was represented and well attended. It was organized by the district authorities to encourage the introduction of cottage industries in villages. The district collector, RDO and the local leaders took a keen interest and put up a very good show. Never before had we realized that our village possessed such as vast scope for the development of cottage industries. We all felt that a vast heap of wealth was lying unused in villages. The exhibition was held in the vast grounds of the banks of the river Cauvery. A temporary fence was erected on all sides and temporary stalls were built to accommodate exhibits of different articles. The exhibitions lasted for about a week and were attended by thousands of people. Buying and selling worth thousands of rupees was done. The district authorities were pleased with its success. First there were agricultural exhibits which the farmers had displayed. There were vegetables of all kinds and sizes. One farmer had a peculiar pumpkin which was praised by everybody. I was surprised to see a plum with resembled a red apple. There was also exhibited fine specimen of cereals which attracted much attention. There were also remarkable specimens of carrots and radish, sweet potatoes and tomatoes of different tastes and colors. Specimens...
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...Economic Gains: Will the Commonwealth Games in Delhi Deliver What They Promised?: India Knowledge@Wharton ( http://knowledge.wharton.upenn.edu/india/article.cfm?articleid=4537) Economic Gains: Will the Commonwealth Games in Delhi Deliver What They Promised? Published : October 21, 2010 in India Knowledge@Wharton The 2010 Commonwealth Games (CWG) in Delhi from October 5 to October 14 were orchestrated in typical Indian style. Until the eleventh hour, nothing was ready. There were fears that the event would have to be called off. Charges of corruption were rampant. (After suspending probes during the period of the Games, several investigative agencies have been unleashed again.) The facilities were reported to be way below acceptable standards. The Scottish delegation found dogs in their beds in the Games Village; the South Africans found a snake. But, in the end, it was a superb show. "Commonwealth Games 2010 finish with India triumphant," said the London Guardian. Prior to the games, former Union sports minister Mani Shankar This is a single/personal use copy of India Knowledge@Wharton. For multiple copies, custom reprints, Aiyar had been particularly trenchant in his criticism. "By having e-prints, posters or plaques, please contact PARS International: reprints@parsintl.com P. (212) 221-9595 x407. an 11-day jamboree in New Delhi, the idea that you can become a sporting nation is nonsense," he told newsmagazine Tehelka some time ago. (Aiyar was forced out of his ministerial...
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...TITAN INDUSTRIES Promoted in the mid-Eighties by the Tata Group and Tamil Nadu Industrial Development Corporation Limited (TIDCO), Titan Industries is a unique instance of how ideas can be taken from scratch and transformed into winning brands that generate value, create entire market spaces and then consistently dominate these spaces Business divisions- Time product division Jewellery divison Eyewear Precision engineering Even as the Indian economy encountered a challenging 2011-12, the Company recorded its best-ever performance. In 2011-12, the Company’s sales income grew by 36.5% to Rs. 8,970.86 crores compared with Rs. 6,570.86 crores in the previous year. Creditably, the percentage growth of our bottom lines was higher: profit before tax grew by 40% to Rs. 838.44 crores, while net profit grew by 39.4% to Rs. 600.16 crores. Even though the Indian economy grew slower in 2011-12, Titan Industries Limited reported a stronger growth on account of a deep understanding of consumer preferences, product differentiation, new product launches and professional brand management INDIAN WATCHES MARKET Only 27% of all Indians own a watch. This statistic demonstrates the significant potential for growth, particularly as Indians become more affluent and style-conscious. The Indian watches market is estimated at around 53 million units in 2011, valued at approximately Rs. 4,500 cr. The market grew by about 14% in 2011. The catalysts...
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...ECONOMICS TERM PAPER Theme: Health expenditure by Government in India Title: Health care and expenditure: an analysis of Indian Government’s Welfarism Name: Prakhil Mishra Semester : IV Roll no.: 13BAL027 Table of contents Sr.No. | Content | Page number | 1 | Abstract | 03 | 2 | Introduction | 04 | 3 | Why health expenditure is important | 04 | 4 | Trends in public spending | 05 | 5 | Core areas of spending | 10 | 6 | Conclusion and critical comments | 11 | 7 | Learning outcomes | 12 | 8 | Bibliography | 12 | Abstract Healthcare is a prime indicator of the development in a country. It is the basic function of a state to look after the needs of its citizens pertaining to health and nutrition. In India, there are high numbers of malnourished and undernourished people, and most of them are children under the age of fourteen. Health expenditure in India is a holistic approach of the government as a welfare state to ensure proper distribution at highly subsidized rates for the resource less people. The paper deliberates upon the government spending on health (Where it spends and how much it spends) and tracing of the changing trends in entailment of expenditure. Key matter of contention includes: * Introduction to public spending on health * Why spending on health is important * Changing trends in public spending on health and family welfare * Core areas where spending is done: analysis with the help of laws * Conclusion and critical analysis Key...
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...IV. Unemployment among Indian youth: An overview The preceding review of the Indian efforts at formulating the policies to mitigate youth unemployment has highlighted the difficulties of attacking the problem in a continental country. It has indicated that it is difficult to obtain precise estimates of the number and proportion of the youth in the country and the level of unemployment among them. The widespread errors of age reporting, which result from the high level of illiteracy and the lack of awareness about the date of birth, are a serious problem. (a) Facts of the Situation There are marked differences between estimates of the number and proportion of youth based on the decennial censuses and the sample surveys, as well as the Sample Registration System. The projections made by different agencies such as the Office of the Registrar General on behalf of the Planning Commission and the United Nations also differ with respect to the number and relative share of the youth in the population. However, according to the best national estimates, the youth formed about 18.5 to 19 percent of the national population in the early 1990s, and numbered about 159 million at the time of the 1991 Census. Over 53 percent of them (85 million) were in the labour force. By 2001, the number of youth is projected to rise to 212 million, and the number of youth in the labour force to 107 million (almost 23.6 percent of the projected total labour force of 453 million). The data...
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...ECS8C_C19.qxd 6/08/2007 16:00 Page 774 CASE STUDY Ekomate Systems and the Indian software industry: leveraging network relationships for international growth Shameen Prashantham The case study looks at the importance of developing and maintaining a network of relationships in international markets and in the local milieu as a critically important capability for smaller firms seeking international growth. It also illustrates how the indirect benefit of acquiring new knowledge (learning) through network relationships is likely to be more sustainable than the direct benefits of gaining new business opportunities. ● ● ● Origins of Ekomate Ekomate Systems was founded in 1996 by Tom Thomas upon his return to his hometown of Bangalore after obtaining an MS in computer engineering at the University of Texas in Austin. The son of an entrepreneur, Thomas felt that starting a business would be considerably more remunerative in comparison with employment. Moreover, he had gained some work experience at Intel, while in the USA, and was acutely aware of the great potential of the Internet. He was therefore keen to start a company that would ‘enable client companies to get on the Web’. According to him, when utilising Internet technology, companies ‘not only have the public side [that is, a website] that any visitor would come in and see but also a private side where their customers, suppliers and vendors also interact through the Web’. His company, Ekomate, works in this...
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...OF CONTENTS SL. NO. 1 1.1 1.2 2 2.1 2.2 2.3 2.4 3 3.1 3.2 3.3 4 4.1 4.2 5 5.1 5.2 5.3 6 6.1 6.2 6.3 7 8 HEADINGS OVERVIEW Key Growth Drivers for Consumer Durables Major Hurdles and Challenges INDUSTRY ANALYSIS Industry Classification Success in the Industry would depend on the following factors Profiles of Key Consumer Durable players Opportunities and Challenges CONSUMER ANALYSIS Consumer Classes Changing Attitude of Today’s Customers Marketer’s Response to Consumer Attitude MARKET ANALYSIS Consumer Electronics Household Appliances PRODUCT ANALYSIS Television Consumer Electronics Market in India – CTV CTV Industry Post Liberalisation COMPETITION ANALYSIS Competition Overview India as an Emerging Force in Television Market Market Measurement and Forecasting THE ROAD AHEAD CONCLUSION PAGE NO. 4 4 5 6 6 7 7 10 11 11 12 13 14 14 15 16 16 18 18 20 20 22 23 25 26 3|Page 1. OVERVIEW India in its 62 years of journey has seen manifold increase in the income of its denizens (Rs. 38,084 as on 2009) and this has led to paradigm shift in the purchasing behaviour of the people here. There is a discernible shift in the consumer’s preference in favour of higher end, technologically superior branded products, the demand being spurred by...
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