How to Capture International Markets : INDIA

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    By Ms. Sheema Vohra

    Representative - INDIA

    How to Capture International Markets : INDIA

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    Economic Outlook- Trade Details

    Exhibition Industry

    SWOT

    How to increase market share

    Govt support .

    TCEB initiatives & activities in 2009.

    What Works examples

    Agenda

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    Population 1.13 Billion

    50% under the age of 35

    22 official languages; English widely spoken

    400, million strong middle class.

    Highest growth of millionaires in 2007- 22.7%;asper World Wealth Report by Merrill Lynch & Cap

    Gemini

    Economic Outlook

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    Global economic meltdown has caused some concern and

    impacted growth rates from 8.8% to 6.8% (forecasted)

    International slowdown has slowed corporate investmentsand spending- Wait and watch attitude

    However, Government continues major investment inpublic infrastructure and reduced interest rates.

    Oil price decline has had a positive impact-including

    decrease in inflation.

    Though credit is tight- India is primarily a saving economy.

    Economic Outlook (cont)

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    20%25%

    55%

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    Agric

    ulture

    Indu

    stria

    l

    Service

    s

    55% of Indias GDPcomes from services.

    Citi Bank retains thepositive forecast forIndia at GDP growth of6.8% for 2009 and 5.5% for 2010.

    Goldman Sachs is alsopositive and expectsthe economy to growbetween 6.5% and5.8% in 2009-2010.

    Economic Outlook (cont)

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    Parts & Accessories ofVehicles

    Industrial Machinery

    Electrical Machinery

    & parts

    Medicinal & Pharmaceutical

    Products

    Metal ores, Waste & ScrapChemicals (mainly organic)

    Iron & Steel ProductsCopper & Articles thereof

    Diamonds & JewelleryPrecious Stones

    Trade details- Exports

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    Metals and CommoditiesEssential oils & cosmetics

    Organic Chemicals andPetroleum products

    Semi Precious Stones

    Natural RubberIron & Steel

    Transport EquipmentsPlastic Material

    MachineryElectronic GoodsTrade details Imports

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    Automotive industry & its components

    Transport and telecommunication network,

    Science & Technology, including IT

    Biotechnology and Pharmaceuticals

    Energy including conventional energy and non- conventionalsources

    Education & HRD; a network among institutions of higherlearning

    Tourism

    Food Processing

    Source:http://www.thaiemb.org.in/thaibiz/Thai%20india%20business%20and%20economic%20relations/index.htm

    Sectors for cooperation between India and Thailand

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    Exhibition Industry

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    Indian Companies are actively visiting exhibitions

    abroad to keep themselves updated with latest knowhow.

    Associations have budgets. Main objective is to

    organize visitors delegation to international

    exhibitions.

    Associations normally combine their visits to exhibitionswith meetings with local business associations and sightvisits.

    Visitors

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    The number of Indian Companies participating in

    International exhibitions are increasing everyyear.

    However, reputable international trade shows arepreferred.

    Due to economic/ corporate slowdown, this yearthere will be a decrease exhibitor participation ininternational exhibitions.

    Exhibitors

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    Budget not a constraint and length of stay determined byduration of the event being attended.

    Look for accommodation near the event venue.

    Corporate Chiefs, Senior Executives, Scientists, Doctors,Professionals and small to mid-sized entrepreneurs.

    Activities at destination center around functions organized at

    event, and some pre and post event tours.

    Concurrent Spouse Programs preferred.

    Profile Exhibition Visitors

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    Priority by Cities

    1st Delhi Visitor industry

    Garment & Textile, IT & Electronics,

    Telecom,

    Exhibitor industry do

    2nd Mumbai Visitor industry

    Jewellery, Gems & Diamond, Food, Sea

    Food, Plastic, Industrial Machinery, IT,

    Telecom.

    Exhibitor industry do

    3rd Chennai Visitor industry Automotive, Rubber, Sea Food

    Exhibitor industry do

    4th Bangalore Visitor industryIT, Garment & Textile

    Exhibitor industry do

    5th Hyderabad Visitor industry IT

    Exhibitor industry do

    6th Pune Visitor industry Automotive , IT, Industrial Machinery

    Exhibitor industry do

    7th Jaipur Visitor industry Gems & JeweleryExhibitor industry do

    8th Ludhiana Visitor industry Garment & Textile, & Auto Component

    Exhibitor industry do

    Industry Segments- City Priority

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    Exhibitions in India are being organized by:

    1.Industry Associations & Chambers of

    Commerce- CII, FICCI,

    2. India Trade Promotion Organization (ITPO)

    3. International Organizers

    Main ones are:-

    Reed Exhibitions, CMP, Messe Frankfurt, MesseDsseldorf, Messe Munchen, DMG World Media,Expomedia, IIR ( UK), Penwell, HQ LinkSingapore, Dubai World Trade Centre etc.

    Overview

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    4. National Exhibition Organizers

    Major ones are:

    Exhibitions India, Tafcon Projects, Services International,

    Chemtech Foundation/ Jasubhai Media, Conference &

    Incentive Management , CARD( Centre for Agricultural &

    Research Development), Zak trade Fairs & Exhibitions etc.

    5. Governments

    Central & State Governments also organize exhibitions.

    Major ones are:Defexpo (Ministry of Defence), Petrotech (Ministry of

    Petroleum), Aero India (Ministry of Defence)

    Overview (cont)

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    6. Media Houses & Publications

    1. The Times of India (Education, Real Estate & Job Fairs)

    2. Hindustan Times (Real Estate Expo, Job Fairs)

    3. Vintage Publications (Organizers of Vivaha The Wedding

    Expo).

    4. Chemical Weekly (Chemspec India with DMG Media).

    5. Pixie Publications ( Livestock. Diary and Agricultural)

    6. Cross Section Publication (Organizers of SATTE-TravelIndustry Fairs)

    Overview (cont)

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    Delhi & NCR

    Pragati Maidan Delhi - 76000 sqm.

    NSIC Exhibition Centre Delhi -21,500 sqm

    Habitat World - 10,123 SqmIndia Expo Centre , Greater Noida - 48,000 sqm

    Mumbai

    Bombay Exhibition Centre 40,000 sqmNehru Center 2,200 sqm

    MMRDC( Bandra kurla Complex) 75,000 sqm

    World Trade Centre 2,525 sqm

    BangaloreBangalore International Exhibition Centre - 20000 sqm.

    Chennai

    Chennai Trade Centre 7,834 sqm

    HyderabadHITEX Hyderabad 43,325 sqm

    Major Exhibition Venues

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    Fragmented Exhibition Market- Unorganized Sector

    Major MNCs & Indian Companies are participating

    actively in domestic as well as exhibition overseas

    Participation by leading organizers/ companies trigger

    a chain reaction with others following

    Association participation encourages members to visit/

    exhibit at a show.

    Current Trends

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    Chemicals & Pharmaceuticals Food & Allied Print & Packaging

    Telecom Engineering and Allied Industry Automobile , Aviation. Plastic & Rubber Industry

    Retail Marketing Information Technology Travel & Tourism Hotel industry. Wellness Gems & Jewellery. Fashion & Garments

    Major Sectors

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    FICCI (Federation of Indian Chamber of

    Commerce & Industry)

    FIEO (Federation of Indian Export Organizations)

    CII (Confederation of Indian Industry)

    EEPC (Engineering Export Promotion Council)

    ITPO (India Trade Promotion Organization)

    Major Industry Players / Associations

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    Industry Specific Associations

    Plastic Industry-(AIPIA-All India Plastic Industries Association , AIPMA-All

    India Plastic Mfrs. Associations)

    Machine Tools (IMTMA-Indian Machine Tools Mfrs. Assn.)

    Printing & Packaging (IPPAMA-Indian Print Packaging & allied Mfrs Assn,

    AIFMP-All India Federation of master Printers)

    Food and Allied (APEDA Agricultural & processed food export developmentAuthority , AIFPA-All India Food Processors Assn),

    Packaging (IIP-Indian Institute of packaging, AIFTMA-All India Flat Tape Mfrs.

    Assn)

    Paint & Coating (IPCA-Indian Paint & Coating Association, ISSPA-IndianSmall Scale paint Assn.)

    Major Industry Players / Associations

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    Regional industry associations

    LMTMA (Ludhiana Machine Tools Mfrs. Assn.)

    KASSIA(Karnataka Small Scale Industries Assn.)

    MIA(Mohali Industries Association)

    MPLA (Madras Printers & lithographers Assn),

    NIPA (North India Printers Association).

    TPMA (Tamilnadu Plastic Mfrs. Association)

    DPA (Delhi Printers Association)

    Major Industry Players / Associations

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    Orbitz Travel (All India)

    SOTC- Kuoni Travel India (All India) Cox & Kings (All India) In Orbit (All India) Equator Voyagers (Delhi) Nimble Travels (Delhi) Golden Wings (Delhi) Sambhav Trade Tours (Mumbai) Rainbow Business Tours (Mumbai) Discoveries and Destination (Ludhiana) Red Carpet Tours (Delhi)

    Major Travel Agents Promoting Shows

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    Singapore Exhibition & Convention Bureau

    MEHK (Meeting & Exhibitions Hong Kong)

    TAITRA (Taiwan External Trade DevelopmentCouncil)

    IGCC (Indo German Chamber of Commerce)

    Indo Italian Chamber of Commerce

    China National Tourist Office (CNTO)

    SLCB (Sri Lanka Convention Bureau)

    Competition

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    WEAKNESS

    Lack of detailed knowledge of major fairs of international repute- dueto limited promotions by Thai Trade.

    Thailand is perceived as more of a tourist / incentive destination then

    for business.

    STRENGTHS

    India has several associations/ federations/ chamber of commercewith key objective to participate/arrange visit to international

    exhibitions.

    Indian Govt. Support to encourage participation in exhibitions abroad

    (MDA & MAI)- Including shows in Thailand

    SWOT ANALYSIS- India

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    THREATS

    Competition China, Germany, Singapore, Hong Kong etcpromoting & offering better choice of international exhibitions.

    Sustained economic downturn causing long term setbacks tothe Indian economy.

    OPPORTUNITIES

    Expanding market supported by large base of potentialcustomers.

    Steady economic growth- ranging between 6-9% per annum

    plus liberalization and integration with the global economy.

    Increasing no. of International Institutions like (TCEB, Messe

    Dusseldorf, Cologne, Frankfurt, Myceb, STB) building

    awareness of international exhibitions.

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    How to Increase Market Share

    Increased visibility of exhibitions coming up viaAdvertisements/ PR, e-mailers etc.

    Work with relevant Associations- Invite key

    person to attend the exhibition.

    Marketing Promotion Support for specific TravelAgents promoting Exhibitions.

    Presentations to relevant Trade Associationsincluding those in secondary cities.

    Visitors

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    Increased promotions and visibility of majorshows by Exhibition Organizers.

    Specially target major/ reputed companies toexhibit in Thailand

    Work with relevant associations to promoteshow in shows in addition to new exhibitions.

    New Shows/ Show in Shows

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    Indian Government Support to

    Exhibition Industry

    In view of the prevailing macro economic situation

    and to facilitate, stimulate and diversify the countrys export

    Trade- the Marketing Development Assistance (MDA) Scheme is

    under operation through the Department of Commerce to

    support the following activities:-

    Assist exporters for export promotion activities abroad

    Assist Export Promotion Councils (EPCs) to undertake exportpromotion activities for their product(s) and commodities

    Assist Focus export promotion programmes in specific regionsabroad like FOCUS (LAC), Focus (Africa), Focus (CIS) and Focus(ASEAN + 2) programmes.

    Market Development Assistance (MDA) Scheme

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    5TOTAL

    Rs. 80,000*1General Areas5

    Rs. 150,0001Focus ASEAN + 24

    Rs. 150,0001Focus CIS3

    Rs. 150,0001Focus Africa2

    Rs. 180,0001Focus LAC1

    Maximum Financial

    Ceiling per Event

    No. of

    Visits

    Area/ SectorSr. No

    Market Development Assistance (MDA) Scheme

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    Market Access Initiatives (MAI) Scheme is an Export Promotion

    Scheme. The scheme is formulated on a focus product & focus

    country approach. It supports the following activities:-

    Market studies/survey- Assistance provided to Export

    Promotion Organizations/ Trade Promotion Organizations/

    National Level Institutions/ Research Institutions/ Universities/Laboratories, etc., for accessing new markets or increasing the

    share in existing markets.

    Market Access Initiative Scheme(MAI)

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    Level of Assistance- 65% of total approvedexpenditure. The following subcomponents wouldbe covered:

    - Venue Cost/Publicity Cost/Cost of the Catalogues

    and Other materials/Translation and InterpreterCharges etc etc.

    - The level of assistance (depending on different

    criteria) range from Rs 10 million to Rs. 50 million.

    Market Access Initiative Scheme(MAI)

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    2009 Major Activities

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    Dissemination of Exhibition Calendar to major clientsacross India including Associations and Travel Agents

    Identify & meet key Industrial/pocket areas. (example-Mohali (Punjab region). Generated leads for visitors tooIntermach, Moldex and other fairs.

    Regular emailers to existing database of clients all overIndia.

    Sales Visit to major clients in Mumbai, Bangalore with

    Chennai, Punjab (Ludhiana, Jalandhar and Amritsar),Gujarat (Ahmedabad & Baroda).

    Quarterly Newsletter to our database of associations,travel agents & exhibition organizers.

    Initiatives 2009

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    Enhanced Visibility of Thai exhibitions in brochures/websites of Travel Agents promoting Exhibitions. (SOTCbrochures featured VIV Asia fair), Orbitz, Rainbow Toursetc.

    Circulation of specific exhibition profiles to interestedclients. Informatory folders of major exhibitions- includingexhibitor profile, visitor profile, date, venue etc is beinggiven to select data of clients.

    Roadshow for exhibition & trade show promotions in majorcities in India.

    Regular updates to the media- including e-newsletters and

    press releases.

    Initiatives 2009 (cont)

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    Continuous communication to target audiences

    PR & marketing alliances ( media partners, press

    conference)

    Appointing representatives to sell space exhibitors.

    India/ Company Pavilion in International show

    Presentations to relevant association members.

    Work closely with associations & Captains of industry.

    Endorsement from industry experts.

    Fam trips

    Hosted media programs. Example CommunicAsia in Singapore .

    What Works Examples

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    Thank

    You