Are you an Indian Company with your sights set on China or a Chinese company looking to India for expanding your business? In case of any of these, indiamarkets is the right partner for you.
In the next few years India-China are in a position to become the largest trading partners to each other, next only to the US and Singapore. A joint agreement has been signed between the two countries with an aim to increase the trade volume from the current 13.6 Billion Dollars to 20 Billion Dollars by the year 2008.
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Some data for the trade pattern and growth in the past is shown here
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India's top 15 exporters to China
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India's top 15 importers to China
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India and China compete with each other in several areas but there are numerous ways in which they complement each other. Therefore instead of competing with each other, it would be advantageous for both India and China to moved forward together boosting their bilateral trade. This is the right time for your organization to cash in on the trade boom.
Your organization may need to make a host of decisions regarding the entry mode, which may include the Target Market, Mode and Time of entry, Market Size and Growth, Government Regulations, Local Infrastructure, Internal Resources, Assets and Capabilities etc.
You need to pick the right partner, establish clear objectives, bridge cultural gaps etc.
Indiamarkets can help you understand the market potential, develop a market entry strategy and implement these strategies.
Some market entry services provided by indiamarkets are:
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Joint Ventures
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M&A
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Exporting / Importing
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Franchising
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Licensing
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The Process
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Evaluation and Readiness: This is the first step to identify the objectives and the type of entry strategy that would best suit the organization. This is the time to assess your organizations suitability and readiness for expanding your business.
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Identification: This step is to identify the right partners for the organization.
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Approaching Target Companies: After identification of the target companies and the entry strategy, this stage is where the target companies are approached with the proposal.
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Negotiation: At this stage the entities come together to discuss and negotiate the terms and company structure. All issues are likely to be raised during this stage. Also this is the time to counsel the company on the appropriate transaction structure and strategy.
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Implementation: Setting up of due diligence agenda and coordinating due diligence process with appointed legal counsel and accountants. This is the final step towards implementation of the strategy and it becomes legally effective.
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Integration:
Wherever applicable, the integration process takes place and can be the longest stage in the entire cycle. Here the organizations combine their people, programs, systems or knowledge as required according to the strategy.
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