More Indian companies to explore business opportunities in northwest China - Xinhua News Agency

NEW DELHI, June 18 (Xinhua) -- More Indian companies will explore business opportunities in China, a senior official of Indian largest trade association said on Monday during a promoting campaign sponsored by Chinese Embassy and local government in northwest China.

The second session of China-Eurasia Expo, to be held in Xinjiang Uygur Autonomous Region of northwest China, will provide a platform to display the competitive products from China and Eurasian countries and their investment policies and tourism environment, said Chen Jing, deputy secretary-general of the government of Xinjiang at the press conference.

As a platform to introduce Chinese companies and products, the organizer invites several trade associations , business and their leaders to attend the promotion conference. During the meeting , some Indian officials and entrepreneurs express their interests in seeking cooperation with their Chinese counterparts.

Mahesh C Naithani, Senior Advisor of ASSOCHAM (the Associated Chambers of Commerce and Industry of India), one of the apex trade associations of India, said "the Expo is unique, as it provide an opportunity for countries along the Silk Road to unite and develop their economy. I believe we can also find more Chinese business partners to invest in India."

If we can find more high-quality Chinese enterprises invest in India, it will promote exports to China and improve our employment, thus gradually fill the trade gap, said Naithani.

Naithan aslo said his association will convey to member companies the information obtained at the conference. He'll bring more companies to attend the Expo.

Deshendra Renjen, senior advisor of Pabarpur Business centre Software Technology Incubator Park, told to Xinhua that it is a great opportunity to expand his software business in China, and he hope he can find his Chinese partners in the forthcoming Expo.

The China-Eurasia Expo is a new platform for economic and cultural exchanges and creates new opportunities to expand the mutual business. The first China-Eurasia attracted more than 20, 000 domestic business people and about 4,000 international purchasers, bagging a total value of 5.5 billion U.S. dollars.

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Indian business delegation to visit Ghana next week

New Delhi, July 5 (IANS) An Indian business delegation of over 100 members, led by Commerce and Industry Minister Anand Sharma, will visit Ghana next week to explore business opportunities between the two countries.

The delegation will participate in the three-day "India Show" to be held in Ghana's capital Accra and hold talks with business leaders of the West African country.

The "India Show" begins July 9.

The Federation of Indian Chambers of Commerce and Industry (FICCI) is organising the "India Show" in association with the government, the Economic Community of West African States (ECOWAS) and the industry chambers of West African countries.

Led by Vikramjit Singh Sahney, chairman and CEO of Sun Group, the FICCI delegation comprises representatives from sectors such as agriculture and allied activities like food processing and health, IT, ITES, telecom and financial services.

Business leaders from value-added manufacturing, including mining and minerals, energy, infrastructure, construction, consumer durables, pharmaceuticals, science and technology, textiles and education, will also be part of the delegation.

The "India Show" will focus on the entire West African region which constitutes the ECOWAS countries, namely Benin, Burkina Faso, Cape Verde, Cote d'Ivoire, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo along with Cameroon, Gabon, Equatorial Guinea, Mauritania, Sao Tome and Principe and the Republic of Congo.

The Show, which will be a combination of exhibition and conference, will have over 100 stalls and is expected to witness the participation of over 200 delegates from more than 10 West African countries.

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Biz avenues for Indian poultry industry in Africa

Business Line : Industry & Economy / Agri-biz : Biz avenues for Indian poultry industry in Africa var _comscore = _comscore || [];_comscore.push({ c1: "2", c2: "11398210" });(function() {var s = document.createElement("script"), el = document.getElementsByTagName("script")[0]; s.async = true;s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js";el.parentNode.insertBefore(s, el);})(); (function(d, s, id) {var js, fjs = d.getElementsByTagName(s)[0];if (d.getElementById(id)) return;js = d.createElement(s); js.id = id;js.src = "//connect.facebook.net/en_US/all.js#xfbml=1";fjs.parentNode.insertBefore(js, fjs);}(document, 'script', 'facebook-jssdk')); SEARCHFollow!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0];if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src="//platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); HomeCompaniesMarketsIndustry & EconomyOpinionFeaturesTodayTopicsEconomyInfo-techAgri-bizBankingLogisticsMarketingGovernment & PolicyShipping NewsTaxation & AccountsEmerging Entrepreneurs Biz avenues for Indian poultry industry in AfricaAmit MitraShare  ·   Comment  ·  print   ·   Share Tweet Hyderabad, June 21: African countries present significant business opportunities for the Indian poultry industry for setting up hatcheries through joint ventures or supplying feed and technology for value-addition.

The Andhra Pradesh chapter of Confederation of Indian Industry (CII), in a renewed bid to tap opportunities in Africa, will be taking a trade delegation to Africa in September this year.

As a run-up to this, the CII organised an interactive session on ‘Doing Business with African Countries’, here on Thursday.

Ms Jerusalem Amdemariam, Minister Counsellor- Economic and Business, Ethiopia, Ms Maria Fatima Phume, Deputy High Commissioner, Mozambique High Commission, and Ms Susan Sikaneta, High Commissioner, High Commission of the Republic of Zambia, extended a “red-carpet invitation” for Indian entrepreneurs to invest in these African countries.

Mr Suresh Chitturi, chairman CII- AP Task Force and Agriculture and MD of Srinivasa Hatcheries, who had been on an explorative visit to Africa recently, said the cost of an egg in many parts of Africa was Rs 8 each, almost three times that in India.

“There are enough opportunities for poultry firms and ago-tech companies in Africa,” he said during the session.

Keywords: Poultry industry, India, Africa, hatcheries, Andhra Pradesh chapter, CII

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Recent Article in Agri-bizBoard cracks down on tea units

The Tea Board has threatened to recover the subsidy extended to factories in South India for modernising their machinery if the p... »

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More Indian companies to explore business opportunities in northwest China - Xinhua News Agency

NEW DELHI, June 18 (Xinhua) -- More Indian companies will explore business opportunities in China, a senior official of Indian largest trade association said on Monday during a promoting campaign sponsored by Chinese Embassy and local government in northwest China.

The second session of China-Eurasia Expo, to be held in Xinjiang Uygur Autonomous Region of northwest China, will provide a platform to display the competitive products from China and Eurasian countries and their investment policies and tourism environment, said Chen Jing, deputy secretary-general of the government of Xinjiang at the press conference.

As a platform to introduce Chinese companies and products, the organizer invites several trade associations , business and their leaders to attend the promotion conference. During the meeting , some Indian officials and entrepreneurs express their interests in seeking cooperation with their Chinese counterparts.

Mahesh C Naithani, Senior Advisor of ASSOCHAM (the Associated Chambers of Commerce and Industry of India), one of the apex trade associations of India, said "the Expo is unique, as it provide an opportunity for countries along the Silk Road to unite and develop their economy. I believe we can also find more Chinese business partners to invest in India."

If we can find more high-quality Chinese enterprises invest in India, it will promote exports to China and improve our employment, thus gradually fill the trade gap, said Naithani.

Naithan aslo said his association will convey to member companies the information obtained at the conference. He'll bring more companies to attend the Expo.

Deshendra Renjen, senior advisor of Pabarpur Business centre Software Technology Incubator Park, told to Xinhua that it is a great opportunity to expand his software business in China, and he hope he can find his Chinese partners in the forthcoming Expo.

The China-Eurasia Expo is a new platform for economic and cultural exchanges and creates new opportunities to expand the mutual business. The first China-Eurasia attracted more than 20, 000 domestic business people and about 4,000 international purchasers, bagging a total value of 5.5 billion U.S. dollars.

View the original article here

Indian Commerce Secretary Rahul Khullar visits Sri City - PRLog (free press release)

PRLog (Press Release) - Apr 28, 2012 -
Indian Commerce Secretary Dr Rahul Khullar visits Sri City, South India’s largest, emerging world-class Integrated Business City with a Special Economic Zone (SEZ) and Domestic Tariff Zone (DTZ), to study the overall infrastructural developments, investment, employment and potential business opportunities at Sri City.

During the visit, Dr Khullar visited units of Kobelco Construction of Japan, Shan Solar of India, Amphenol of the US and Rockworth of Thailand. He also visited several utilities and social infrastructure facilities built by Sri City. After lighting the traditional lamp, Dr. Khullar conducted an open house with over 40 CEO’s-Unit heads attending the same.  

Speaking on the occasion, Dr Khullar said: “It gives me immense pleasure to witness the brisk pace of development taking place at Sri City. I see that Sri City’s customers represent some of the leading companies in the world – nationally and internationally. I am sure that in the next three years, the developments in Sri City are likely to transform the entire region into a vibrant, economically progressive zone".

Commenting on Dr Rahul Khullar’s visit, Ravindra Sannareddy, Managing Director, Sri City said: “It is an honour to have Dr Khullar with us. His keenness to know more about Sri City is very encouraging. We are also pleased to have with us other senior Government officials today. The overall economic development of this region will further improve resulting in better employment opportunities in the coming years. Today, Sri City is host to over 70 companies from 22 countries in a short span of three years. We are entering into the second phase of development in Sri City and we see phenomenal growth for this region as a whole".

Anil Kumar Bamba, Development Commissioner, Sri City SEZ, said: “I would like to take this opportunity to express my special thanks and gratitude to Dr Khullar for his valuable time and inputs. Sri City SEZ and DTZ currently provides direct and indirect employment to about 6,000 people and the estimated employment potential (direct and indirect) in the next three years will be around 50,000.

Sannareddy, Sanjeet Singh, Director, Ministry of Commerce & Industry, Karikal Valaven, Commissioner of Industries, Government. of Andhra Pradesh, S Kishore, Development Commissioner, Vizag SEZ and Bamba received Dr Khullar.

Sri City is an emerging world-class Business City located 55-kms from Chennai. It has the distinction of being the largest private sector multi-product Special Economic Zone (SEZ) in South India with a Domestic Tariff Zone (DTZ) and a Free Trade and Warehousing Zone (FTWZ) built in functional partnership with the Government of Andhra Pradesh. Strategically located, Sri City offers the distinct advantage of well-established connectivity by rail, and road with proximity to three seaports and two airports. Today, Sri City as a whole is home to over 70 industries from 22 countries which is truly unique.

Built on the ‘Work-Live-Learn-Play’ concept and master-planned by Jurong Consultants, Singapore, Sri City is an integrated development of a world-class business city with lifestyle facilities. Well-demarcated industrial zones within the SEZ and DTZ include automotive, engineering, logistics and warehousing, aerospace, electronics, biotech-pharma and IT-BPO, renewable energy and other eco-friendly industries. The trading zone (FTWZ) will primarily cater to companies trading in imports and re-exports, packaging, storage and distribution in the local markets.

In addition, country specific enclaves are specially created to offer specific and exclusive facilities to companies from these countries. The enclave will include a gated community development that offers native-style homes, food-courts with native chefs, translators and an 18-hole golf course. Robust industrial infrastructure such as road, water, power, telecom and sewer networks will service these zones making Sri City a hassle-free operational zone. Residential areas, commercial hubs, world-class healthcare, educational institutions, recreation centres and all necessary amenities will support the industrial zones at Sri City making it a truly integrated development for business and lifestyle.  For more on Indian automotive and related industry news, visit automotivehorizon.sulekha.com.

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Airtel 4G with ZTE: Business opportunities in TD-LTE in Indian telecom market - telecomlead.com

ZTE Headquarters (source : flickr .com) Telecom Lead India: 4G / LTE services will be launched by Bharti Airtel, India's leading mobile operator, in Kolkata today. Industry has been debating about the business opportunities and why Reliance Industries is taking more time to zero in on the best technology and business plan for its BWA launch. Telecom Lead is publishing a whitepaper from ZTE, the LTE network provider for Airtel's 4G launch in Kolkata, to share the business opportunities of TD LTE.

Growth in mobile data traffic has brought new profit to mobile operators across the world. Statistics show that data revenue of Verizon, AT&T, T-Mobile, Vodafone and other mainstream operators has increased by an average of 30 percent. Therefore, much attention is now being focused on data and broadband services. Obtaining more spectrum resources and increasing spectrum efficiency has become of great importance.

Spectrum resources for Time Division Duplex (TDD) are abundant. 2.3GHz and 2.6GHz are the most common TD spectrum bands for TD-LTE, but most of these bands are not being used. TDD spectrum resources are available in many countries and available for many operators. Of the 300 operators who have TDD spectrum resources, 66 percent own 2.3GHz and 2.6GHz bands.

Promising Market Opportunities

TD-LTE is attracting leading operators around the world. Many of the top 500 telecom operators own a chunk of TDD spectrum and are vigorously pushing forward TD-LTE development.

China Mobile owns 2.3GHz and 2.6GHz TDD bands and is leading in the promotion of TD-LTE. After completing the fourth phase of its TD-SCDMA network construction, China Mobile will boast the world's largest 3G network with 220,000 TD base stations by Q1 2011. The operator will call for bids on the evolution of its TD-SCDMA networks in the first half of 2011. Its commercial TD-LTE network is expected to be deployed in one to two years.

Mainstream European operators Vodafone, Deutsche Telekom, KPN, and O2 have all acquired TDD spectrum and are actively researching TD-LTE technologies and application models. Deutsche Telekom completed its trial TD-LTE network in the second half of 2010 and has started testing the network.

In June 2010, Qualcomm won India's 2.3GHz Broadband Wireless Access (BWA) spectrum auction for TDD development in four regions of the country. Qualcomm has promised to set up a joint venture to build an LTE network. This demonstrates that Qualcomm has TD-LTE in its strategic plan.

Mobile operators in the U.S. including AT&T, Verizon, and America Mobil have promised to support TD-LTE. Leading operators in Japan and Korea have also played an active role in promoting TD-LTE. Other operators with WiMAX, PHS (1900-1920MHz), and TD-SCDMA will also choose TD-LTE as their migration path.

TDD spectrum is easy to acquire, and there is less competitive pressure in acquiring it. The price of TDD spectrum in each country is much lower than that of FDD spectrum. Because FDD spectrum is very limited and expensive, more and more operators are considering TDD for feature-rich data services and hotspot area coverage.

Using time division technique, TD-LTE allows flexible timeslot allocation in the downlink and uplink. This meets both voice and asymmetric data needs and greatly increases spectrum efficiency. TD-LTE can share the same core network with an FDD system and can support flexible networking. It can serve as an independent network for hotspots and blind area coverage or as a supplement to the FDD system for data services. LD-LTE has promising and widespread applications.

Fast-Growing TD-LTE Industry

Driven by operators, standardization organizations, equipment vendors, and chipset makers around the world, the TD-LTE industry is growing rapidly. Members of the Next Generation Mobile Networks (NGMN) Alliance include China Mobile, NTT DoCoMo, Vodafone Orange, T-Mobile, AT&T, as well as 29 mobile network and terminal suppliers including Ericsson, Nokia, Samsung, and ZTE. Together these companies are actively promoting standardization of TD-LTE. So far, 3GPP R9 specifications have been completed, and the standardization progress of TD-LTE has kept pace with that of LTE FDD. Testing of TD-LTE technology and networking organized by the LTE/SAE Trial Initiatives (LSTI) was first conducted by China Mobile and has produced favorable results.

The TD-LTE industry chain has been established and is growing fast. It comprises chipset providers, terminal providers, infrastructure equipment manufacturers, and testing instrument providers.

All chipset providers plan to launch 3G/LTE multimode chipsets in early 2011. The development of LTE chipsets drives the development of terminal products. Nokia, Samsung, LG, Motorola, ZTE, and Shanghai Bell will unveil a number of LTE terminals in 2011. LTE TDD/FDD dual-mode terminals will be the mainstream offerings, and this will further promote the flexible deployment of TD-LTE.

Equipment manufacturers Ericsson, Nokia-Siemens, Alcatel-Lucent, ZTE, and Huawei have all developed TD-LTE series equipment that can be applied in different scenarios. These products have been tested in the TD-LTE trial networks of China Mobile and overseas operators. Presently, they support 2.3GHz and 2.6GHz bands and will support 1.9GHz and 2.1GHz bands in the future.

Test instrument manufacturer Anritsu has announced its MT8820C will support TD-LTE radio testing. Rohde & Schwarz and Anite also provide many types of testing and measuring equipment.

As the industry chain matures, commercial TD-LTE is just around the corner.

By ZTE

editor@telecomlead.com

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The opportunity and challenges of taking Indian TV content overseas - Indian Television

The opportunity and challenges of taking Indian TV content overseas

Viacom18 head - distribution & International Business and Sun18 COO- North

Indian broadcasters earn over Rs 10 billion every year from subscription and advertisement revenues and content sales from the International markets. This number has been steadily increasing over the last decade and should continue to grow.

Since this revenue source has started making substantial contributions to the bottom line of broadcasters, it is important for all to understand this opportunity and its related challenges in greater details.

The opportunity of taking Indian television content abroad can be simply explained with the 3 ‘E’s – Enormity of audiences, Emotional link and Economic value.

Enormity of audiences: The estimates for the NRI and PIO populations range between 25-30 million spread over 100 countries. There are more than 25 countries where the Indian overseas population crosses the hundred thousand (100,000) mark, and close to 60 countries where the population is above ten thousand (10,000) individuals. These numbers make for an attractive business opportunity for broadcasters to tap into this audience base. This becomes even more compelling since the Pareto principle applies here perfectly with the top 20 markets (of the 100+countries where Indians reside) accounting for over 80 per cent of the overseas Indian population, making it relatively easier to reach out to the larger audience pools.

Even regional content finds dedicated audiences with large linguistic pockets in countries like Malaysia and Singapore (Tamil), the Middle East (Malayalam), Canada and UK (Punjabi) for example.

Emotional links: Indian content is a very important tool for these communities to connect with their cultural roots. Thus the emotional involvement with Indian content is very high and Indian channels become a ‘must have’ for most of these families, thanks to shared cultural backgrounds.

Economic Value: The economic opportunity for broadcasters becomes significant as many of these large Diaspora markets have a fairly attractive ARPU (average revenue per user) – especially in the context of what the Indian broadcasters are used to back home. Given such high ARPUs, the license fee per channel (at least for the mainline GECs) in UK, US, Middle East etc can range from $1 per sub to as high as $ 7 per sub (especially on some a-la-carte options). This is a very different scenario from the domestic market (in India) where the consumer currently pays less than $4 for 80-100 channels to the cable operator and only a fraction of that gets passed back to the broadcasters.

The economics become even more attractive as the incremental costs to expand into overseas territories are largely limited to transport and marketing costs with content costs being minimal - largely because most Indian broadcasters own the content IP around the world for perpetuity (or at least multiple years in case of movies and events, etc)

However, this opportunity to get incremental revenues is not without its share of challenges. The big challenges impacting this business today are several.

Competition, clutter and bandwidth constraint: Given the attractiveness of the overseas market, most broadcasters after reaching some level of size, scale or maturity in the domestic market look at expanding
operations. However, the platforms (DTH or cable) in most markets cannot dedicate enough bandwidth to distribute all of these services. In many cases the platforms don’t see the need to go beyond offering a few channels and covering only the most critical genres like GECs and Movies. Thus for several channels and especially the late entrants, this reticence is a major entry barrier. And in many markets, very often when platforms add more services to existing packages/bouquets, they are doing so at the same retail price forcing the channels to further divide the revenue pie to accommodate the new players

Advertising opportunity remains limited: For most Indian broadcasters operating in the international arena,
subscription revenues tend to form the larger part of the revenues with the advertising sales revenues playing more of the support role. The key reason for this is the fact that the ‘desi’ channels target only the Diaspora audiences and not the mainstream viewers, thereby limiting the audience base. Given the small base, to keep cost per contact at manageable and affordable levels, the advertising-sales rates are extremely low.

Secondly as competition grows (and fragmentation increases), the same advertising dollar gets divided. And with the considerable slowdown in the global economy in the last few years and the recessionary trends in many of the large markets for Indian channels, that has also impacted the advertising revenues for the Indian broadcasters.

Piracy: This remains a huge and ever increasing threat to revenues for both the broadcasters as well as platforms. Internet streaming as well as the proliferation of many illegitimate OTT services poses a huge
danger for pay TV revenues.

The above challenges, along with the growing cost of local operations in many overseas territories, make it a tough task for many broadcasters looking to expand their international operations.

At Viacom18, in the short span of two years, Colors content has reached audiences in approximately 120 countries using a combination of channel distribution and content sales. For the key markets like the US/Canada, UK, Middle East, South East Asia and Australia/New Zealand/Fiji with their sizeable Indian audiences, we have set up three international feeds and local ad sales operations.

Colors, as a channel, is now distributed in close to 50 countries. This is complimented by our content sales in those markets where our audiences are the local mainstream audiences and not necessarily the Indian Diaspora. With the popularity of Bollywood transcending language and cultural barriers, more audiences are sampling Indian content which is amply demonstrated by the fact that our content is syndicated in 20 foreign languages in over 100 countries and where one of our leading daily soaps will now be produced locally in one of the African countries for the local audiences there – a first for an Indian show. In addition we are also subtitling our feeds in English and other local languages to cater to these mainstream audiences and bolster our subscription and ad-sales revenues.

In the final analysis, the challenges notwithstanding, it is essential for mainline Indian broadcasters to have an international strategy in place, the careful execution of which will result in substantial revenues to compliment their domestic businesses.

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Research and Markets: Executive Analysis of IT Opportunities in Indian Defense Market

Spain easily sells $7.16 bln in short-term debtAP

Spain has successfully sold euro5.4 billion ($7.16 billion) in short-term debt with strong demand and interest …

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Indian travel and leisure companies start knocking on thailand's door

TRAVEL MONITOR

More Indian companies are set to open shop in Thailand to explore business opportunities here and across the Asean region in the wake of the wide-ranging economic, cultural and educational agreements signed between the two countries last month. That will pave the way for a boom in Indian leisure and business travel, convention and exhibition delegates and VFR travel to, from and within the India-Asean circuit.

"We've already started getting a number of inquiries about procedures (to establish companies here)," Indian ambassador Anil Wadhwa said. The key business sectors of interest are pharmaceuticals, automotive, agriculture and agricultural machinery, gems and jewellery and information technology.

Asked why Indian companies were choosing Bangkok as against any other Asean capital to take advantage of a future Indian-Asean Free Trade Agreement, he cited the ease of connectivity, especially with cities such as Kolkata, as being one reason. Indians also felt more comfortable living in Bangkok from a social and cultural perspective.

Mr Wadhwa said the agreements would boost people movements between the two countries. To facilitate this, the two governments are sorting out looming issues related to visas, work permits and criminality.

Tourism is one major area. With nearly one million Indian arrivals to Thailand last year, the ambassador said several issues have emerged and need sorting out, such as hassles with the visa on arrival formalities at the airport and rip-offs by the jet-ski operators in Pattaya. Indians also have complained about being denied entry inspite of holding a valid visa.

The ambassador said he had discussed this matter with the head of the immigration to try and identify the precise reasons why the problems were occurring, which sometimes could be due to misunderstandings and/or language problems.

In turn, immigration officials have that the Indian visitors themselves are not blame-free in their attempts to duck providing proof of having sufficient funds to cover their costs.

Mr Wadhwa said he was told by the immigration officials that with so many Indian visitors coming to Thailand, a few hundred problem cases can be expected but the ambassador feels it is important to try and reduce even that number.

He has also taken up the jet-ski ripoffs with the mayor of Pattaya.

In all cases, assurances have been given that rectifying measures will be taken. New joint committees have been set up to meet regularly, discuss specific cases and take follow-up action. The Indians have also given the immigration department the phone number of the consular chief at the Indian embassy with instructions to call at any time.

On the commercial side, the ambassador said, Thai and Indian businesses would be tapping into their respective strengths to seek more opportunities in the other country. This would require movements of people with specific skill-sets, removal of impediments and help with cutting through the bureaucracies.

For example he said, Thai spas and restaurants are in demand in India, but staff at Thai spas don't get the salaries which are the minimum required for getting a work permit in India. The same with chefs working in Thai restaurants. Thai companies also want help with the procedures for buying or leasing land in India. And Thais are also asking for visa-on-arrival facilities at Indian airports.

In order to narrow the gap between Indian visitors to Thailand and Thai visitors to India, the Thai side has asked for improved facilities at the Buddhist holy spots Bodhgaya, more long-term visas for Thai businessmen and more scholarships to facilitate higher studies in India.

"It is now a complete package," the ambassador said. "We had a lot of pieces lying around for a long time but have now brought them together. This visit (by Prime Minister Yingluck Shinawatra) gave the entire package a long-term focus but there's a lot of follow-up work to be done. If you marry your skills together you can do much better as a whole."

The ambassador said stepped up activities are planned on the cultural and educational front. A Thai-India CEOs forum planned for this year will raise the level of business and economic discourse. A Thai-India Foundation will see eminent people from both sides lecturing on a broad range of issues to make people better aware of each other's countries. A chair to be set up at the India Studies Centre at Chulalongkorn University will boost bilateral contacts amongst academia.

"We want to lift the image of India beyond Bharat Natyam (a traditional Indian dance-form) and Buddhism, beyond the stereotypical images into something a little bit more modern. We want to bring in a higher grade of theatre, movies and artistic performances."

The ambassador also indicated there was a heightened sense of urgency for the completion of the road from Moreh in Manipur to Mae Sot in Thailand via Burma, which would boost economic development in India's restive Northeast region by providing access to ports in both Burma and Thailand.

He said it is now hoped that the long-delayed project would be finished within two years.

An India-Asean car rally is planned for this year to highlight the tourism and transportation potential of this vital piece of infrastructure.

Imtiaz Muqbil is Executive Editor of Travel Impact Newswire at www.travel-impact-newswire.com. Twitter: @travelimpact

We have videos of daily news summaries & media reports coupled with commenary and analysis of key developments every Weekdays. Watch them all on Morning Focus page.

Writer: Imtiaz MuqbilPosition: Executive editor of Travel Impact Newswire

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Emerging Opportunities and Growth Prospects in the Indian Travel Intermediaries Industry: Analyses and Forecasts to 2016

NEW YORK, Jan. 31, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Emerging Opportunities and Growth Prospects in the Indian Travel Intermediaries Industry: Analyses and Forecasts to 2016

http://www.reportlinker.com/p0765249/Emerging-Opportunities-and-Growth-Prospects-in-the-Indian-Travel-Intermediaries-Industry-Analyses-and-Forecasts-to-2016.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Travel_Se

Synopsis

The report provides top-level market analysis, information and insights including:• Historic and forecast market sizes covering the entire Indian travel intermediaries industry• Insights into market entry strategies adopted by foreign companies to enter the Indian market• Detailed analysis of marketing strategies adopted by travel intermediaries in India• Descriptions and market outlooks for various sectors in the Indian travel intermediaries industry, such as travel agents, tour operators and online travel sites

Executive Summary

India was ranked the eleventh-most-attractive tourist destination in the Asia-Pacific region by the World Economic Forum in 2010. Furthermore, travel and tourism is the largest service sector business in India, contributing 6.23% to the national GDP, and representing 8.78% of the total country's employment. The volume of tourists in the country grew from 466.8 million in 2006 to 710.6 million in 2010, at a compound annual growth rate (CAGR) of 11.03% during the review period (2007–2011). Rising tourist volumes and the subsequent growth of potential customers for the travel intermediaries industry can be attributed to factors such as India's robust economic growth and government initiatives including granting infrastructure status to tourism developments and incentivizing private investments in tourism in the form of income tax exemptions and interest subsidy provisions.

Scope

This report provides an extensive analysis of the travel intermediaries industry in India: • It details historical values for the Indian travel intermediaries industry for 2007–2011, along with forecast figures for 2012–2016• It provides top-level analysis of the overall travel intermediaries industry, as well as individual category values for both the 2007–2011 review period and the 2012–2016 forecast period• The report contains a detailed analysis of demand drivers, market entry strategies and marketing and growth strategies in the Indian travel intermediaries industry• The report profiles the top travel intermediaries companies in India

Reasons To Buy

• Take strategic business decisions using top-level historic and forecast market data related to the Indian travel intermediaries industry and each sector within it• Understand the demand and supply-side dynamics within the Indian travel intermediaries industry, along with key market trends and growth opportunities• Assess the competitive landscape in the travel intermediaries industry in India, and formulate effective market-entry strategies• Identify the growth opportunities and dynamics within the industry's key categories, including travel agents, tour operators and online travel sites

Key Highlights

• India's strong economic forecast and positive business confidence will fuel growth in the travel intermediaries industry• The Indian travel intermediaries industry is projected to grow from INR679.9 billion in 2012 to INR1,218.3 billion in 2016, at a CAGR of 15.7% over the forecast period (2012–2016)• The Indian government is implementing policies aimed at assisting the growth of the travel intermediaries industry and has allowed 100% foreign investment in the hotel and tourism-related industries• Mobile travel applications are expected to change the dynamics of the overall travel intermediaries industry• Metasearch engines are the latest innovation in the online travel sites market

Companies Mentioned

PrimeTravelsErco Travels Pvt. LtdCox & Kings LimitedThomas Cook (India) Limited (TCIL)MakeMyTrip LimitedYatra.comCleartrip

Table of Contents1 Executive Summary

2 India Travel Intermediaries Industry Environment2.1 Macroeconomic Fundamentals2.2 Business Confidence2.3 Consumer Confidence3 Market Size and Growth Potential of Indian Travel Intermediaries Industry3.1 Travel Agents3.2 Tour Operators3.2.1 Tour operator market size by type of bookings3.3 Online Travel Sites3.3.1 Online travel sites market size by type of bookings4 Key Demand Drivers of India Travel Intermediaries Industry4.1 Tourist Volume4.2 Leisure and Business Tourists4.3 Spending Pattern of Domestic and International Tourists4.4 Total Internet Subscriptions5 Market Entry Strategy for India Travel Intermediaries Industry5.1 Market Regulations5.2 Market Entry Route5.3 Mergers and Acquisitions6 Marketing and Growth Strategies7 Competitive Landscape of Indian Travel Intermediaries Industry7.1 Travel Agents Competitive Landscape7.1.1 PrimeTravels7.1.2 Erco Travels Pvt. Ltd7.2 Tour Operators Competitive Landscape7.2.1 Cox & Kings Limited7.2.2 Thomas Cook (India) Limited (TCIL)7.3 Online Travel Sites Competitive Landscape7.3.1 MakeMyTrip Limited7.3.2 Yatra.com7.3.3 Cleartrip8 Appendix8.1 About BRICdata8.1.1 Areas of expertise8.2 Methodology8.3 Definitions8.4 Disclaimer

List of TablesTable 1: India – GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)

Table 2: India – Inflation Rate (%), 2007–2016

Table 3: India – Annual Disposable Income (US$ Billion), 2007–2016

Table 4: India –Total Market Size of Travel Intermediaries (INR Million), 2007–2011

Table 5: India –Total Market Size of Travel Intermediaries (INR Million), 2012–2016

Table 6: India – Total Market Size of Travel Agents (INR Million), 2007–2011

Table 7: India – Total Market Size of Travel Agents (INR Million), 2012–2016

Table 8: India – Total Market Size of Tour Operator (INR Million), 2007–2011

Table 9: India – Total Market Size of Tour Operator (INR Million), 2012–2016

Table 10: India – Market Size of Tour Operators by Revenue Source (INR Million), 2007–2011

Table 11: India – Market Size breakdown of Tour Operators by Revenue Source (INR Million), 2012–2016

Table 12: India – Market Size of Online Travel Sites (INR Million), 2007–2011

Table 13: India – Market Size of Online Travel Sites (INR Million), 2012–2016

Table 14: India – Market Size Breakdown of Online Travel Sites by Revenue Source (INR Million), 2007–2011

Table 15: India – Market Size Breakdown of Online Travel Sites by Revenue Source (INR Million), 2012–2015

Table 16: PrimeTravels, Key Facts

Table 17: PrimeTravels, Main Services

Table 18: PrimeTravels, Key Employees

Table 19: Erco Travels Pvt. Ltd, Key Facts

Table 20: Erco Travels Pvt. Ltd, Main Services

Table 21: Erco Travels Pvt. Ltd, Key Employees

Table 22: Cox & Kings Limited, Key Facts

Table 23: Cox & Kings Limited, Main Services

Table 24: Cox & Kings Limited, Key Employees

Table 25: Thomas Cook (India) Limited, Key Facts

Table 26: Thomas Cook (India) Limited,, Main Products and Services

Table 27: Thomas Cook (India) Limited, Key Employees

Table 28: MakeMyTrip Limited, Key Facts

Table 29: MakeMyTrip Limited, Main Products and Services

Table 30: MakeMyTrip Limited, Key Employees

Table 31: Yatra.com, Key Facts

Table 32: Yatra.com, Main Products and Services

Table 33: Yatra.com, Key Employees

Table 34: Cleartrip, Key Facts

Table 35: Cleartrip, Main Products and Services

Table 36: Cleartrip, Key Employees

Table 37: Market Intelligence Travel and Tourism Definitions

List of FiguresFigure 1: India – GDP at Constant Prices (US$ Billion), 2007–2016 (Base Year 1999–2000)

Figure 2: India – Inflation Rate (%), 2007–2016

Figure 3: India – Business Confidence Index, 2007–2011

Figure 4: India – Annual Disposable Income (US$ Billion), 2007–2016

Figure 5: India – Unemployment Rate (%), 2003–2015

Figure 6: India – Total Market Size of Travel Intermediaries (INR Million), 2007–2011

Figure 7: India – Total Market Size of Travel Intermediaries (INR Million), 2012–2016

Figure 8: India – Total Market Size of Travel Agents (INR Million), 2007–2011

Figure 9: India – Total Market Size of Travel Agents (INR Million), 2012–2016

Figure 10: India – Total Market Size of Tour Operator (INR Million), 2007–2011

Figure 11: India – Total Market Size of Tour Operator (INR Million), 2012–2016

Figure 12: India – Market Size Breakdown of Tour Operators by Revenue Source (%), 2007–2011

Figure 13: India – Market Size breakdown of Tour Operators by Revenue Source (%), 2012–2016

Figure 14: India – Total Market Size of Online Travel Sites (INR Million), 2007–2011

Figure 15: India – Total Market Size of Online Travel Sites (INR Million), 2012–2016

Figure 16: India – Market Size Breakdown of Online Travel Sites by Revenue Source (%), 2007–2011

Figure 17: India – Market Size Breakdown of Online Travel Sites by Revenue Source (%), 2012–2015

Figure 18: India – Travel Intermediaries Industry, Demand Drivers

Figure 19: India – Total Tourists Volume (Million), 2007–2016

Figure 20: India – Tourist Volume by Type (Million) and Travel Intermediaries Industry Size (INR Million), 2007–2016

Figure 21: India – Total Spending Pattern of Domestic Tourists by Category (INR Million), 2007–2016

Figure 22: India – Spending Pattern of Inbound Tourists by Category (INR Million), 2007–2016

Figure 23: India – Internet Subscriptions (Millions), 2007–2016

To order this report:Travel Services Industry: Emerging Opportunities and Growth Prospects in the Indian Travel Intermediaries Industry: Analyses and Forecasts to 2016

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Nicolas Bombourg
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Email: nbo@reportlinker.com
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Intl: +1 805-652-2626

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Research and Markets: Business and Investment Opportunity in the Indian Health Insurance Industry: Analysis and Forecasts to 2016 - Yahoo Finance

Japan logs first trade deficit since 1980Reuters

Japan logged its first annual trade deficit in more than 30 years in 2011, calling into question how much longer …

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Business and Investment Opportunity in the Indian Health Insurance Industry: Analyses and Forecasts to 2016 - Yahoo Finance

NEW YORK, Jan. 19, 2012  /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Business and Investment Opportunity in the Indian Health Insurance Industry: Analyses and Forecasts to 2016 http://www.reportlinker.com/p0761927/Business-and-Investment-Opportunity-in-the-Indian-Health-Insurance-Industry-Analyses-and-Forecasts-to-2016.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Health_In Synopsis

The report provides detailed market analysis, information and insights into the Indian health insurance industry, including:

• The Indian health insurance industry's growth prospects with focus on key trends, drivers and challenges faced by the industry

• The future outlook of various distribution channels in the Indian health insurance industry

• The current competitive landscape in the Indian health insurance industry and the future outlook

• The customer targeting strategies and the product innovation strategies followed in the industry

• The profiles of the major companies in the industry

Executive Summary

Since the liberalization in 2000, the insurance industry in India has been growing considerably driven by multiple favorable economic and demographic factors. The Indian health insurance market grew at a CAGR of 34.00% during the review period and is expected to grow at a CAGR of 23.51% over the forecast period to register the fastest growth among all the insurance sectors. Factors such as robust economic growth, changing demographic patterns such as the rise in 'double-income no kids' families, increased FDI limits and the expansion of distribution channels are expected to contribute to the market growth in the forecast period. Of the overall healthcare expenditure in India, only 26% comes from the local, state and central government authorities, while nearly 71% is paid by the patient's family. Insurance accounts for just 3% of overall healthcare expenditure in India, indicating a substantial opportunity for the health insurance sector. The health insurance market is dominated by public-sector companies, while the private sector has made gradual progress in the sector.

Scope

This report provides a comprehensive analysis of the health insurance market in India:

• It provides historical values for India's health insurance industry for the report's 2007–2011 review period and forecast figures for the 2012–2016 forecast period

• It offers a detailed analysis of the key sub-segments in India's health insurance industry, along with market forecasts until 2016

• It covers an exhaustive list of parameters, including premium per capita, incurred loss, loss ratio and paid claims

• It details the competitive landscape in the Indian health insurance industry along with the product innovation and customer targeting strategies followed

• It analyses the various distribution channels for health insurance products in India

• It profiles the top health insurance companies in India along with snapshots of their major products and services

Reasons To Buy

• Assess the overall healthcare sector in India with focus on key trends such as medical tourism and telemedicine• Make strategic business decisions using top-level historic and forecast market data related to the Indian health insurance industry• Understand the demand-side dynamics, key market trends and growth opportunities within the Indian health insurance industry• Assess the competitive dynamics in the health insurance industry and the future outlook• Gain insights into the key regulations governing the Indian insurance industry• Understand the product innovation strategies and the customer targeting strategies followed in the industry

Key Highlights

• The Indian health insurance market accounted for only 3.2% of the overall insurance industry in 2011. The driving factors for the health insurance sector are rising healthcare expenditure, increasing disposable income and the rise in the number of people with affluent lifestyles.

• During the review period, the penetration of Indian health insurance products increased from 0.07% in 2007 to 0.19% in 2011, as many new policies were sold in rural India.

• Although the health insurance market is currently dominated by public-sector companies, the top six private health insurance companies increased their cumulative market share from 17.2% to 29.1% during the review period

• One of the key challenges for the health insurance market is the low coverage of plans in terms of both the diseases and the hospitals covered

Table of Contents

Executive Summary2 Indian Health Insurance Market Attractiveness2.1 The Healthcare Sector in India2.2 Market Size and Growth Potential2.3 Health Insurance Market – Growth Potential2.4 Health Insurance Market – Benchmarking with BRIC Countries3 Indian Health Insurance Market Trends and Drivers3.1 Macroeconomic Fundamentals3.1.1 GDP growth3.1.2 Number of households3.2 Business Trends and Drivers3.3 Consumer Drivers3.4 Regulatory Framework4 Competitive Landscape & Key Market Indicators4.1 Competitive Landscape4.2 Key Market Indicators4.2.1 Incurred loss4.2.2 Loss ratio4.2.3 Investment type4.2.4 Premium per capita4.2.5 Paid claims5 Product Strategy and Customer Segmentation5.1 Introduction5.2 Customer Targeting Strategy5.3 Current and Future Product Strategy6 Distribution Channels6.1 Distribution Channel Market Dynamics6.2 Distribution Channel Forecasts7 Challenges8 Case Studies of Health Plans8.1 Yeshasvini Co-operative Farmers' Health Protection Scheme8.2 Rajiv Gandhi Shilpi Swasthya Bima Yojana8.3 LIC Health Protection Plus Scheme9 Company Profiles9.1 New India Assurance Co. Ltd9.2 United India Assurance Co. Ltd9.3 Oriental Insurance Co. Ltd9.4 National Insurance Co. Ltd.9.5 Star Health & Allied Insurance Co. Ltd.9.6 ICICI Lombard General Insurance Co. Ltd.9.7 Bajaj Allianz General Insurance Co. Ltd10 Appendix10.1 About BRICdata10.1.1 Areas of expertise10.2 Methodology10.3 Definitions10.4 Disclaimer

List of Tables

Table 1: Indian Insurance Industry by Segment (% Value), 2007–2016Table 2: Indian Health Insurance – Market Size (INR Billion), 2007–2016Table 3: BRIC Countries Health Insurance Performance Indicators, 2011Table 4: Per Capita Annual Disposable Income in India (US$), 2007–2016Table 5: Healthcare Expenditure in India (US$ Billion), 2007–2016Table 6: Indian Health Insurance – Market Shares of Leading Companies (%), 2011Table 7: Indian Health Insurance Market – Incurred Loss (INR Billion), 2007–2016Table 8: Indian Health Insurance – Premium Per Capita (INR), 2007–2016Table 9: Indian Health Insurance – Paid Claims (INR Billion), 2007–2016Table 10: Indian Health Insurance – New Business Written Premium by Distribution Channel, 2007–2016Table 11: New India Assurance Co. Ltd – Main Products and ServicesTable 12: Oriental Insurance Co. Ltd – Main Products and ServicesTable 13: National Insurance Co. Ltd – Main Products and ServicesTable 14: Star Health & Allied Insurance Co. Ltd – Main Products and ServicesTable 15: Insurance Industry DefinitionsTable 16: Exchange Rates (INR-US$)

List of Figures

Figure 1: Overall and Government Per Capita Healthcare Expenditure (US$), 2011

Figure 2: Hospital Beds and Physicians per 10,000 People

Figure 3: Sources of Healthcare Expenditure in India

Figure 4: Indian Insurance Industry Dynamics by Segment (% Value), 2007–2016

Figure 5: Indian Health Insurance – Market Size (INR Billion), 2007–2016

Figure 6: Health Insurance Premiums in BRIC Countries (US$ Billion), 2011

Figure 7: Indian GDP at Constant Prices (US$ Billion), 2007–2016

Figure 8: Number of Households in India (Million), 2007–2016

Figure 9: Health Insurance Penetration in India (%), 2007–2016

Figure 10: Per Capita Annual Disposable Income in India (US$), 2007–2016

Figure 11: Healthcare Expenditure in India (US$ Billion), 2007–2016

Figure 12: Indian Health Insurance – Market Shares of Leading Companies (%), 2011

Figure 13: Indian Health Insurance – Incurred Loss (INR Billion), 2007–2016

Figure 14: Indian Health Insurance – Market Loss Ratio (%), 2007–2016

Figure 15: Indian Health Insurance – Investment Types, 2011 vs. 2016

Figure 16: Indian Health Insurance – Premium Per Capita (INR), 2007–2016

Figure 17: Indian Health Insurance – Paid Claims (INR Billion), 2007–2016

Figure 18: Indian Health Insurance – Customer Targeting Matrix

Figure 19: Indian Health Insurance – Written Premium by Distribution Channels, Market Share (%), 2011 vs. 2016

Companies mentionedNational Insurance Co. Ltd

New India Assurance Co. Ltd

United India Insurance Co. Ltd

Oriental Insurance Company Ltd

Bajaj Allianz General Insurance Co. Ltd

Star Health & Allied Insurance Co Ltd.

ICICI Lombard General Insurance Co. Ltd

To order this report:Health Insurance Industry: Business and Investment Opportunity in the Indian Health Insurance Industry: Analyses and Forecasts to 2016

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Nicolas Bombourg
Reportlinker
Email: nbo@reportlinker.com
US: (805)652-2626
Intl: +1 805-652-2626

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