Export Of Cotton Grey
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Transcript of Export Of Cotton Grey
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Export of Grey Cotton
By Jitendra Kumar Jain
toSingapore
Date : 23-09-09 MIBS, Pune
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Synopsis
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About Singapore
• Singapore was founded as a British trading colony in 1819
• Population: 4,608,595 (July 2003 est.) • Official Languages :
English (main)Malay (national)ChineseTamil
HDI (2008): 0.918 (high) (28th) • Ethnic Groups:
• Chinese 76.7%, Malay 14%, Indian 7.9%, other 1.4%
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Foreign relations
• diplomatic relations with 175 countries • does not maintain a high commission or embassy in
many of those countries • Singapore supports the concept of
Southeast Asian regionalism and plays an active role in the Association of Southeast Asian Nations (ASEAN), of which Singapore is a founding member.
• Dispute with Malaysia– Water– Air Route– Mutual Maritime boundaries
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Free Trade Agreements
Singapore has 14 bilateral and multilateral trade agreements worldwide:• Association of Southeast Asian Nations Free Trade Area (AFTA)• ASEAN-China• ASEAN-Korea (AKFTA)• Australia
• India• European Free Trade Association (EFTA: Iceland, Liechtenstein, Norway and Switzerland)• Jordan (SJFTA)• Japan (JSEPA)• New Zealand (ANZSCEP)• Panama (PSFTA)• Peru• South Korea (KSFTA)• Trans-Pacific Strategic Economic Partnership Agreement
(Trans-Pacific SEP: Brunei, New Zealand, Chile, Singapore)• United States (USSFTA)
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Export Value of Goods in INR Crores
Indian Exports
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SWOT Analysis
Strengths• Patents of textile goods.• Strong brand names for most of the products.• Good reputation of the firm among customers.• Cost advantages from proprietary know-how.• Exclusive access to high grade natural resources.• Favorable access to distribution networks.
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Weaknesses
• Processing time is long for textile goods.• Lack of market protection.• High cost structure.• Lack of access to the best natural resources.• Tough to create brand name.
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Opportunities
• Huge and potential Market• Arrival of new technologies.• Removal of international trade barriers.• Increasing needs and changing consumer
behaviour.• Loosening of regulations.
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Threats
• Shifts in consumer tastes away from the firm's products.
• Emergence of substitute products.• New regulations introduced.• New entrants in market.• Increasing width of existing market.
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INDIAN TEXTILE INDUSTRY
One of the oldest Consists of sector such as1. Hand spinning and hand weaving2. Power loom3. Knitting4. Highly sophisticated millsTextile sector as such contributes• About 4% to the gross domestic product• About 14% to the total industrial production• About 17% of the gross export• About 20% of the work force/employment
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INDIAN TEXTILE INDUSTRY
In Indian textiles cotton dominates.• About 60% of the fibre used is cotton.• About 70% of the spun yarn produced is 100% cotton yarn.• About 18% of the spun yarn has cotton as one component.In exports• More than 50% of the export earnings come from garments which are almost entirely made up from cotton fabrics.• Of the 243 lakh bales produced during 2005-06 season, 46 lakh bales have been exported.• Of the 270 lakh bales and above production expected during present season, more than 50 lakh bales are likely to be exported.
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Export Documents• Shipping Bill / Bill of Export • Customs Declaration Form • Dispatch Note • Commercial invoice • Consular Invoice • Customs Invoice • Legalised / Visaed Invoice • Certified Invoice • Packing List • Certificate of Inspection • Shut Out Advice
•Black List Certificate •Manufacturer's Certificate •Certificate of Chemical Analysis •Certificate of Shipment •Health/ Veterinary/ Sanitary Certification •Certificate of Conditioning •Antiquity Measurement •Shipping Order •Cart/ Lorry Ticket •Short Shipment Form
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PESTEL analysis
POLITICAL ANALYSIS• People’s Action Party (PAP) which has dominate
d Singaporen politics since 1959 and shows no signs dimnish out of politics.
• PAP holds 82 of 84 elected seats in parliament.• OTHER POLITICAL PARTIES ARE:- • 1 Singapore Democratic Alliance or SDA [CHIAM See
Tong]; • 2 Singapore Democratic Party or SDP [CHEE Soon Juan]; • 3 Workers' Party or WP [Sylvia LIM Swee Lian]
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ECONOMIC ANALYSIS• Highly developed and successful free-market economy.
• IEnjoys a remarkably open and corruption-free environment, stable prices, and a per capita GDP equal to that of the four largest West European countries.
• Economy depends heavily on exports, particularly in consumer electronics and information technology products.
• Major hub for transshipments within South East Asia • Busiest port in the world in terms of tonnage shipped• Singapore is the world's fourth largest foreign exchange trading
centre
• GDP (purchasing power parity):$228.1 billion (2007 est.)
• Reserves of foreign exchange and gold:$163 billion (31 Dec 2007 est.)
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Social Analysis• Ethnic groups:
Chinese 76.8%, Malay 13.9%, Indian 7.9%, other 1.4% (2000 census)
• Religions:Buddhist 42.5%, Muslim 14.9%, Taoist 8.5%, Hindu 4%, Catholic 4.8%, other Christian 9.8%, other 0.7%, none 14.8% (2000 census)
• Languages:Mandarin 35%, English 23%, Malay 14.1%, Hokkien 11.4%, Cantonese 5.7%, Teochew 4.9%, Tamil 3.2%, other Chinese dialects 1.8%, other 0.9% (2000 census)
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TECHNOLOGICAL ANALYSIS• Singapore aims to be the hub of knowledge based
industry. • whole island through fiber optic cables.• Services within the IT industry
include: Internet applications including ecommerce, software development and applications; networking systems
• (LAN/WAN products); and IT training • and education. it has more than • 1.8 million mobile users. Internet subscribers stand at
1.7 million. 42% of homes in Singapore have • internet access.
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Literacy Definition: age 15 and over can read and write
Total literated population: 92.5%
Male: 96.6% Female: 88.6% (2000 census)
Population: 4,853,009 (July 2008 estimated).
Adult Literacy: 92.5%
Singaporeans place a lot of importance on relationship building.
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ENVIRONMENTAL ANALYSIS
Climate:• Tropical: hot, humid, rainy• Two distinct monsoon seasons - Northeastern
monsoon (December to March) and Southwestern monsoon (June to September);
Land use:• arable land: 1.47% • permanent crops: 1.47% • other: 97.06% (2005)
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