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Wal Mart

INDIA

Hello, ladies and gentlemen. My name is Kathrene Borden and I would like to share the information, that I have researched, about Indias current market and laws regarding Wal-Mart expanding its operations into India. I will discuss the pros and cons of such an operation and I will include my recommendation on whether or not to enter Indias market, based on the data that I have gathered.www.flickr.com/photos/stuckincustoms/2035748576/*

Indias
Laws & RegulationsRule of law is strong in IndiaComplex projects should allow for delaysHave a capable local attorneyEncounter public interest litigation

U.S. Companies involved in complex projects should allow for delays when developing project timelines and factor in the legal expenses that will likely be incurred. It is very important to have a capable local attorney to help with potential litigation. For large-scale projects, U.S. companies may encounter public interest litigation and media reaction and should be prepared for these eventualities.

Also, because the Indian government controls inbound investments, local legal advice is helpful when researching investment options and how best to establish a business presence in India. The countrys legislation on foreign direct investment, reformed in 1991 and revised frequently since, including in 2008, has contributed to the investment-friendly environment that exists today.http://www.export.gov/india/eg_main_018037.asp *

Key Business Law ProvisionsIndian Contract Act, 1872Companies Act, 1956, amended 2006

The following are some of the most important Business Law Provisions companies should be aware of when doing business with India.Indian Contract Act, 1872
The fundamental principles are very similar to U.S. contract law and include such requirements as offer, acceptance, consideration and privities of contract. Companies Act, 1956, Amended 2006
This act governs entities incorporated in India or foreign entities with a physical presence in India.

Principal forms of business entities are sole proprietorships, partnerships and corporations.http://www.export.gov/india/eg_main_018037.asp *

Doing Business in India90% of India speaks EnglishSecond fastest growing market in AsiaIndia is a British colony with British lawsIndia welcomes American companiesSouth India is the Silicon Valley

The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment. Indias requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands. Indias GDP,growing at8.7% (for 2007-08), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years. Now is the time for U.S. companies to enter the rising Indian market. http://www.export.gov/india/eg_main_018037.asp*

Indias Economy

Economy
GDP (FY 2007): $1 trillion ($1,000 billion).
Real growth rate (2006-2007 est.): 9.4%.
Per capita GDP (FY 2006-2007): $909.
Natural resources: Coal, iron ore, manganese, mica, bauxite, chromite, thorium, limestone, barite, titanium ore, diamonds, crude oil.
Agriculture: 18% of GDP. Products--wheat, rice, coarse grains, oilseeds, sugar, cotton, jute, tea
Industry: 27% of GDP. Products--textiles, jute, processed food, steel, machinery, transport equipment, cement, aluminum, fertilizers, mining, petroleum, chemicals, and computer software.
Services and transportation: 55% of GDP.
Trade: Exports (FY 2006-2007)--$127 billion; engineering goods, petroleum products, precious stones, cotton apparel and fabrics, gems and jewelry, handicrafts, tea. Software exports--$22 billion. Imports (FY 2006-2007)--$192 billion; petroleum, machinery and transport equipment, electronic goods, edible oils, fertilizers, chemicals, gold, textiles, iron and steel. Major trade partners--U.S., China, EU, Russia, Japan.

http://move-2-india.com/images/india_map2.jpghttp://www.state.gov/r/pa/ei/bgn/3454.htm*

Sales, Marketing & Export AssistanceU.S. Commercial ServiceU.S. State Department Bureaus of South and Central Asian AffairsForeign Agricultural ServiceU.S. Embassy, New Delhi

Are you ready to export to India, a market growing at 75% annually for U.S. exports? The U.S. Commercial Service1 of the U.S. Embassy helps U.S. firms export goods and services to India. As part of the U.S. Department of Commerce with seven offices throughout India2,a network of 107 officesin the United States and 145 international offices3, we have the export promotion resources that you need to develop your business in the Indian market. Contact Us2 to help you identify potential business partner4s4, obtain valuable market research5 on India, and launch your company into the fast-growing and dynamic Indian marketplace. http://www.buyusa.gov/india/en/http://www.export.gov/india/eg_main_018047.asp*

2008 Exports of HS. Total

http://tse.export.gov/MapFrameset.aspx?MapPage=NTDMapDisplay.aspx&UniqueURL=1dtolt3rhznibk45yrmkj455-2009-6-30-0-7-16*

SummaryIndia is the second largest market in AsiaIndia has no problem doing business in EnglishAmerican companies are welcomedIndia market has an infinite amount of resources & people

Thank you ladies and gentlemen for your time. After researching the Indian market, I have concluded that it would be an intelligent move, on our part, if Wal-Mart was to enter the Indian market. India is waiting for American companies to enter their market with vast amounts of resources and people to help aid and transition American companies into their economy. I feel confident, after my research, that investing our dollars will be a prosperous investment.If you have any questions regarding my presentation, please feel free to contact me via email or you can go directly to the helpful sites that I have mentioned in this presentation. Again, thank you all for your undivided attention and have a wonderful day.

Kathrene BordenDirector of Marketing ResearchBorden.katherine@yahoo.com *

References

http://powerpointfree.com/free-powerpoint-templates-business-13.html

www.flickr.com/photos/stuckincustoms/2035748576/

http://move-2-india.com/images/india_map2.jpg

http://www.buyusa.gov/india/en/

http://www.export.gov/india/eg_main_018047.asp

http://tse.export.gov/MapFrameset.aspx?MapPage=NTDMapDisplay.aspx&UniqueURL=1dtolt3rhznibk45yrmkj455-2009-6-30-0-7-16

http://www.state.gov/r/pa/ei/bgn/3454.htm

Hello, ladies and gentlemen. My name is Kathrene Borden and I would like to share the information, that I have researched, about Indias current market and laws regarding Wal-Mart expanding its operations into India. I will discuss the pros and cons of such an operation and I will include my recommendation on whether or not to enter Indias market, based on the data that I have gathered.www.flickr.com/photos/stuckincustoms/2035748576/*U.S. Companies involved in complex projects should allow for delays when developing project timelines and factor in the legal expenses that will likely be incurred. It is very important to have a capable local attorney to help with potential litigation. For large-scale projects, U.S. companies may encounter public interest litigation and media reaction and should be prepared for these eventualities.

Also, because the Indian government controls inbound investments, local legal advice is helpful when researching investment options and how best to establish a business presence in India. The countrys legislation on foreign direct investment, reformed in 1991 and revised frequently since, including in 2008, has contributed to the investment-friendly environment that exists today.http://www.export.gov/india/eg_main_018037.asp *The following are some of the most important Business Law Provisions companies should be aware of when doing business with India.Indian Contract Act, 1872
The fundamental principles are very similar to U.S. contract law and include such requirements as offer, acceptance, consideration and privities of contract. Companies Act, 1956, Amended 2006
This act governs entities incorporated in India or foreign entities with a physical presence in India.

Principal forms of business entities are sole proprietorships, partnerships and corporations.http://www.export.gov/india/eg_main_018037.asp *The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment. Indias requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands. Indias GDP,growing at8.7% (for 2007-08), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years. Now is the time for U.S. companies to enter the rising Indian market. http://www.export.gov/india/eg_main_018037.asp*Economy
GDP (FY 2007): $1 trillion ($1,000 billion).
Real growth rate (2006-2007 est.): 9.4%.
Per capita GDP (FY 2006-2007): $909.
Natural resources: Coal, iron ore, manganese, mica, bauxite, chromite, thorium, limestone, barite, titanium ore, diamonds, crude oil.
Agriculture: 18% of GDP. Products--wheat, rice, coarse grains, oilseeds, sugar, cotton, jute, tea
Industry: 27% of GDP. Products--textiles, jute, processed food, steel, machinery, transport equipment, cement, aluminum, fertilizers, mining, petroleum, chemicals, and computer software.
Services and transportation: 55% of GDP.
Trade: Exports (FY 2006-2007)--$127 billion; engineering goods, petroleum products, precious stones, cotton apparel and fabrics, gems and jewelry, handicrafts, tea. Software exports--$22 billion. Imports (FY 2006-2007)--$192 billion; petroleum, machinery and transport equipment, electronic goods, edible oils, fertilizers, chemicals, gold, textiles, iron and steel. Major trade partners--U.S., China, EU, Russia, Japan.

http://move-2-india.com/images/india_map2.jpghttp://www.state.gov/r/pa/ei/bgn/3454.htm*Are you ready to export to India, a market growing at 75% annually for U.S. exports? The U.S. Commercial Service1 of the U.S. Embassy helps U.S. firms export goods and services to India. As part of the U.S. Department of Commerce with seven offices throughout India2,a network of 107 officesin the United States and 145 international offices3, we have the export promotion resources that you need to develop your business in the Indian market. Contact Us2 to help you identify potential business partner4s4, obtain valuable market research5 on India, and launch your company into the fast-growing and dynamic Indian marketplace. http://www.buyusa.gov/india/en/http://www.export.gov/india/eg_main_018047.asp*http://tse.export.gov/MapFrameset.aspx?MapPage=NTDMapDisplay.aspx&UniqueURL=1dtolt3rhznibk45yrmkj455-2009-6-30-0-7-16*Thank you ladies and gentlemen for your time. After researching the Indian market, I have concluded that it would be an intelligent move, on our part, if Wal-Mart was to enter the Indian market. India is waiting for American companies to enter their market with vast amounts of resources and people to help aid and transition American companies into their economy. I feel confident, after my research, that investing our dollars will be a prosperous investment.If you have any questions regarding my presentation, please feel free to contact me via email or you can go directly to the helpful sites that I have mentioned in this presentation. Again, thank you all for your undivided attention and have a wonderful day.

Kathrene BordenDirector of Marketing ResearchBorden.katherine@yahoo.com *