analysis of business opportunities in different sector

8/6/2019 Analysis of Business Opportunities in Different Sector

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ANALYSIS OF BUSINESS

OPPORTUNITIES IN DIFFERENT

SECTOR


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CONTENT

Role and Importance.

Business opportunity in different sector. IT-sector.Gems and Jewelry.

Pharmaceutical sector.

Handicraft sector.

Tourism sector.

Conclusion.


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ROLE AND IMPORTANCE OF

ENTREPRENEUR IN ECONOMY

Employment Generation.

National Income.

Balanced Regional Development. Dispersal of economic power.

Better standards of living.

Creating innovation.

"Economic development is the effect for which entrepreneurship is

a cause"


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BUSINESS OPPORTUNITY IN DIFFERENT

SECTORS

IT-sector.

Gems and Jewellery. Pharmaceutical sector.

Handicraft sector.

Tourism sector.


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INDIAN IT SECTOR BACK ON GROWTH

PATH: INFY CEO PTI /Thiruvananthapuram January 23, 2011, 15:38 IST

Infosys Technologies CEO S Gopalakrishnan has said theInformation Technology sector in India is in another growthphase.

"In 2008, the industry saw growth coming down to single digits.Most IT companies stopped hiring employees and stoppedexpanding. Fortunately, growth is back and most companies arehiring in large numbers again. The top-five companies areestimated to hire 1,60,000 to 1,80,000 new employees in thenext 12 months," he said here.

Gopalakrishnan was delivering the keynote address on

'Sustainable Development Strategies for the Capital City(Thiruvananthapuram)' at a discussion organized by College ofArchitecture here last evening.

"The IT industry has grown fast over the last 15 years. Forexample, the industry had about 1.50 lakh employees in 1993,around 5 lakh employees in 1999 and today, the industry

employs around 2 million employees," Kris said.


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IT SECTOR OVERVIEW

The origin of information technology (IT) industry in India can be traced to 1974, when themainframe manufacturer, Burroughs, asked its India sales agent, Tata Consultancy Services(TCS), to export programmers for installing system software for a U.S. client.

Over the past decade, the Indian IT-BPO sector has become the countrys premier growthengine, crossing significant milestones in terms of revenue growth, employment generation andvalue creation for India.

According to a research report published by National Association of Software and ServiceCompanies (NASSCOM), IT-BPO Sector in India: Strategic Review 2011, the sector isestimated to aggregate revenues of US$ 88.1 billion in FY2011, with the IT software andservices sector (excluding hardware) accounting for US$ 76.1 billion of revenues.

The Indian IT industry has played a key role in putting India on the global map and is nowenvisioned to become a US$ 225 billion industry by 2020.

Indian IT companies such as Tata Consultancy Services (TCS), Wipro, Infosys, HCL etc. arerenowned in the global market for their IT prowess.


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MAJOR FACTORS FOR INDIAS EMERGENCE AS

KEY GLOBAL IT PLAYER.

Indian Education System.

High Quality HumanResource.

Competitive Costs.

Infrastructure Scenario.


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EXPORT PROMOTION SCHEMES

Export Oriented Units (EOUs) Scheme.

Electronics Hardware Technology Parks (EHTPs).

Software Technology Parks (STPs).

Export Promotion Capital Goods (EPCG) Scheme.


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OPPORTUNITIES

Cloud Computing Services.

Tele conferencing and video

conferencing services.

Technology Consulting.

Application Software

development.


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GEMS AND JEWELLERY SECTOR

The gems and jewellery sector can be categorized

into the following sub-sectors based on characteristics,

processing techniques, preciousness in terms of price

range and marketability.

Gemstones Jewellery Pearls


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India is a leading player in the global gems and

jewellery market.


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The global market for gems and jewellery today is pegged at

US$ 85 billion with key markets having registered an.

average compounded annual growth rate (CAGR) of 5-10percent in the last decade.

The global market for Gold is estimated at 3300 tonnes. South

Africa is the worlds largest producer of gold, followed byU.S.A and Australia.


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THE GEMS AND JEWELLERY EXPORT

PROMOTION COUNCIL.(GJEPC)

Trade Facilitator.

Advisory Role.

Nodal Agency for Kimberly Process Certification Scheme.

Training and Research.

Varied Interests.


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OPPORTUNITIES

New markets.

Colored diamonds.

Scope in domestic market.Outsourcing of diamond jeweller.

Future outlook of the diamond industry.


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PHARMACEUTICAL SECTOR

The 2nd largest growing industry in India.

It is also the 3rd largest in the world with an estimation ofUS $20 billion by 2015.

M&A - an important factor for growth CAGR of Pharma is between 12-15% & the global

figures are 4-7% for the period 2008-2013.

Currently the Indian Pharmaceutical Industry is valued at $8 billion (approx).

Globally the industry ranks 4th in terms of volume and 13thin terms of value.

It provides employment to millions

Industry has been declared a knowledge based industry.

The total exports amounted to US $8.25 billion.


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REGULATORY BODIES & PATENTS

National Pharmaceutical Pricing Authority (NPPA).

Central Drugs Standard and Control Organization (CDSCO).

Department of Chemicals & Petrochemicals (DCP). Patents.


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OPPORTUNITIES

India has efficient and cost-effective sources for getting a hold

of generic drugs, especially the drugs that are going off their

patents in the coming years.

India has abundant manpower with strong scientific, technicalknowledge.

The cost involved for research and development is very low.

The production cost of quality drugs in bulk quantities is very

low. India houses excellent laboratories with world-class facilities.

India is self-reliant in terms of the production of bulk drugs.


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HANDICRAFTS SECTOR

Handicrafts sector occupies an important place in the Indian economy.

It contributes significantly to employment generation and export earnings.

Export of handicraft was merely Rs.387.00 Cr. in 1986-87 rose to level of Rs.

8718.94 Cr. in year 2009-10.

The economic importance of the sector also lies in its high employment potential,

low capital investment, high value addition and continuously increasing demand

both in the domestic and overseas markets.

The sector provides employment to more than 60 lacs craft persons mostly from rural

areas.


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EXPORT PROMOTION COUNCIL FOR

HANDICRAFTS(EPCH).

Providing commercially useful information and assistance to members in

developing and increasing exports.

Offering professional advice and services to members in areas of

technology up-gradation, quality and design improvement, standards and

specifications, product development, innovation etc.

Organizing visits of delegation of its members abroad to explore overseas

market opportunities.

Participating in specialized International Trade Fairs of handicrafts & gifts.


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CONTDu

Interaction between exporting community and Govt. both at the Central and

State level and representation in almost all the committees/panels of

Central and State.

To create an environment of awareness through Workshops on "Export

Marketing, Procedures and Documentation", Packaging, Design

Development, Buyer Seller Meet, Open House etc. interaction with Central

and State Govt. and various other similar programs.

Dissemination of government notification, orders, information on trade and

other relevant information to members.


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OPPORTUNITIES

Emerging demand for handicrafts goods in developed countries suchas USA, Canada, Britain, France, Germany, Italy etc.

Rising demand and usage of handicrafts products in fashion industry.

Development of sectors like Retail, Real Estate that offers greatrequirements of handicrafts products.

Developing of domestic and international tourism sector.

e-Commerce and Internet are emerged as promissory distributionchannels to market and sell the craft products.


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TOURISM SECTOR

Ministry of tourism.

Incredible India.

Indian Institute of Tourism and Travel Management

(IITTM).

National Institute of Water Sports (NIWS).


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Performance of Tourism Sector

during February 2011


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FOREIGN EXCHANGE EARNINGS (FEE)

FEE during the month of February 2011 were Rs. 7653croreas compared to Rs. 6646 crore in February 2010 and Rs.4547crore in February 2009.

FEE in US$ terms during the month of February 2011 were

US$ 1684 million as compared to FEE of US$ 1434 millionduring the month of February 2010 and US$ 923 million inFebruary 2009.

The growth rate in FEE in US$ terms in February 2011 overFebruary 2010 was17.4% as compared to the growth of

55.4% in February 2010 over February 2009. FEE from tourism in terms of US$ during January-February

2011 were US$ 2957 million with a growth of 11.6%, ascompared to US$ 2649 million with a growth of 42.1%during January-February 2010 over the correspondingperiod of 2009.


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FOREIGN TOURIST ARRIVALS (FTAS)

FTAs during the Month of February 2011 was 6.92lakh as compared to FTAs of 6.01 lakh during themonth of February 2010 and 4.90 lakh in February2009.

There has been a growth of 15.1% in February 2011over February 2010 as compared to a growth of22.7% registered in February 2010 over February2009.

FTAs during the period January-February 2011 were12.30 lakh with a growth of 12.7%, as compared tothe FTAs of 10.92 lakh with a growth of 12.4% duringJanuary-February 2010 over the corresponding periodof 2009.


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OPPORTUNITY

Development of Tourism Infrastructure.

Hotels and Travel Trade.

Medical Tourism.


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Presented By:

Anurag Premchandani.

AshishChanchlani.

Gaytri Iyer.

Nisha Tripathi.

Yogesh Punjabi.

Umesh Ramchandani.

analysis of business opportunities in different sector

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