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TOPIC : Opportunity for Indian companies
Posted on 03 July 2007 at 16:17:00

Even as the debate on who the boss is — India or China — continues, it seems Indian exporters got a shot in the arm after the US Food and Drug Administration (FDA) banned certain items from China owing to their inferior quality. I would say the situation has given the Indian exim community a unique opportunity on a platter to fill the void thus created.

With buyers in want of these products now looking for suppliers in alternate countries, it is the best time for India to move forward. Moreover, I think buyers of other goods other than those banned recently, also need to look at other manufacturing hubs including India to spread their risks and not be totally dependent on one country. Multi-nation sourcing will help buyers to cushion their risk.

The recent development brings to light the fact that China, which politically relies on its huge but under-equipped land army, concentrates more on quantity than on quality. The quality of its cheap goods is anybody's guess! If this is to continue, I see India sprinting ahead comfortably to the finishing line.

However, I'm unable to comprehend the utter bitterness of certain cynics on the economic growth of India. It is an undeniable fact today that overseas companies are finding India a more attractive business opportunity than China for more than one reason. And even as China prepares to head a great manufacturing empire, the forces that will determine which nations will dominate the 21st century yet again favour India's emerging reach.

Even in a broader perspective, importers outside the continent should think of Asia, not only China. For instance, the yarn for a shirt that one thinks comes from China was perhaps shipped from Thailand to South Korea for processing, while the buttons came from the Philippines. The final product was put together in China and shipped from there.

Whatever said or done, Exim India will have to find ways to not only keep their products competitive in the global market, but also make sure that they don't compromise on their quality. No one would like to go the Chinese way.

Mr. Bikky Khosla

(Tradeindia Expert)

Tradeindia.com

CEO, Tradeindia.com
New Delhi, India

Re: Opportunity for Indian companies
Posted on 04 July 2007 at 11:50:00 [Message #204 ]

We know the fact that as far as manufacturing is concerned China is far from India.The condition of the infrastructure given to the Industries and the policies under which we all work says all and for this a particular segment or society is not to be blamed or the Government. We all are part of this vicious circle. Our economics has become a mixture of many odds and evens. The irony is we are second most populated country in the world and as per world labour standards we are quite cheap in terms of labour expenses but still we are not able to produce competitive priced items in the global platform.

Who is to be blamed? Government? Or us who choose our government? Lack of infrastructure to the manufacturing industry causes production of higher priced goods. There are too many taxes in the country that leads to corruption. The irony is we know what is the solution, but we never initiate to curb it.

Corruption has invaded the whole country. It has its effects on everything. But still somehow Exim India has been trying to become competitive outside despite all the odds. But for how long can we try? To bring down the price we don't have any option left but to bring down the quality or to provide a certain quality but at a higher price. Apart from upcoming SEZs, look at the condition of our industrial areas, poor electricity, no water, poor roads and overall poor infrastructure. Poor infrastructure leads to high price of products. For any developed nation the government is user- friendly to the industrial hubs and also at the same time it is like a watch-dog. The government provides the basic needs as well and it controls as well. There is a mutual understanding between the government and the industry and they go hand in hand. This means the objective of the Industry and the Government is one not two. But for us we can't only blame the Government. If government has to take few steps, Exim India has also to take few steps too. We have to bring the problem at a macro-level because nobody wants to loose business to China.

Mr. Mrinal Barkataky

Hermitage Sai International

Proprietor, Hermitage Sai International
New Delhi, India

Free Member, Joined :06/14/2007
No of Topics Posted : 0
Reply/Comments : 1

Re: Opportunity for Indian companies
Posted on 04 July 2007 at 12:51:00 [Message #209 ]

Quality is foremost in our marketplace. It is what manufacturers are looking for not only in products produced from China, India, Argentina, Africa, Japan, but is a demand that is being met because our global consumers are educated and want or "expect" quality in the products that are delivered.

Whether China or India, Japan or Africa or the US get there first doesn't much matter anymore because someone will come and bastardize the product and mix or mulch it with something that is so hard for labs to test and make a clear identification process on. I know this first hand because my son has identified some of the products that are being used in this and consumers are not getting what they are paying for! This is what the industry is lacking in and until they all come together like a NATO on nutrition there is not going to be a standard accepted across the board.

China grows herbs that India can't (or could) produce but the quality of that lies in the environment it is common to and if you try and uproot an herb and grow or manufacture it elsewhere you may succeed in doing so but will you reap the full benefits of its root strength, duplicate the soil conditions that tender the growth or make it "stronger" which seems to be what everyone is after. No you won't. I am sorry but my grandfather was a missionary doctor in Africa and fought diseases his whole life knowing and believing in the faith of medicine and healing, he was renowned in what he did in Nigeria but if there wasn't one thing I ever learned from him it would be his green thumb. He believed that healing came from natural means. Oh yes, I have had antibiotics in my life but I do believe that the natural answer is the first resource and most of the consumers believe this too. Something is wrong here.

ms. Karen Gibbs

Nature's Thyme, LLC

Dir. of Research & Development, Nature's Thyme, LLC
Cedar Knolls, United States

Free Member, Joined :04/23/2005
No of Topics Posted : 0
Reply/Comments : 1

Re: Re: Opportunity for Indian companies
Posted on 05 July 2007 at 19:59:00 [Message #232 is a comment on message #209 ]

USA imports 80% of the seafood it consumes from china.So its a big opportunity for Indian companies to enter the us market.

Mr. Sanjay Mehra

Paramount Gastronorm

Director, Paramount Gastronorm
Bengaluru, India

Free Member, Joined :01/29/2004
No of Topics Posted : 1
Reply/Comments : 9

Re: Re: Re: Opportunity for Indian companies
Posted on 11 July 2007 at 12:49:00 [Message #274 is a comment on message #232 ]

I'm exporter of food aaditives like Nisin and Natamycin.They are natural and safe food preservatives,and now is widely used in Europe countries. I want ask if there many food manufacture use such kind food preservatives in India?

Ms. Susan

Wuhan AMTH Biotechnology Co., Ltd.

Wuhan AMTH Biotechnology Co., Ltd.
Wuhan, China

Free Member, Joined :04/19/2007
No of Topics Posted : 1
Reply/Comments : 2

Re: Re: Opportunity for Indian companies
Posted on 02 September 2007 at 10:55:00 [Message #638 is a comment on message #209 ]

Ms Gibbs,

You are very right in saying that the active ingredients of a particular herb are at the strongest when these grow in their original habitat. In fact, Ayurveda prescribes the season and even the time of the day when a particular herb/medicinal plant is to be picked.

Mr. Anoop P. Sharma

Sunrise Foods Ltd.

Director, Sunrise Foods Ltd.
Bengaluru, India

Free Member, Joined :06/20/2003
No of Topics Posted : 0
Reply/Comments : 1

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