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Please pay attention !! Learn how you can make money in International Trade during corona pandemic times!!
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Redefining New Shining India With Manufacturing Potentials !!
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As we all know recent outbreak for the corona virus has spread to the mostly all part of the world.
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More than 1 million people are affected by this. Nations are handling this panic.It is badly affecting the businesses & economy across every level.
This is the time when India can learn form this situation.It is the opportunity to learn , expand and grow over other counterparts!!
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India as a country has been widely spread with the service sector and reached to the position as one of its fastest growing economic in 1990s. Today’s scenario is little changed, India has the abilities to turn table if certain measures are implemented properly.
If India focuses on the domestic market and strengthen exports, It can turn one of the huge manufacturing hub!
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Make in India is the very good initiative taken by the Indian government.It is easier to import and sell than producing it.It is very necessary to motivate each other so that we can start manufacturing in our own country.
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According to one survey conducted by Indian Chamber of commerce and Industry (FICCI),50 % of Indian companies face the effects on their operations and 80% have a decline in cash flows.
Around 42 % of the respondents said that I can take up to three months to become normal.
- It will reduce some quantity and the cost of imports and give the increase to the internal trade.
- After lockdown,demand for products in affected nations will surely increase .
- India should reach to markets in these countries and fill the gap through the export products.Because of that all these challenges faced and missing of accesses to markets can be solved and boost the exports!!
- MEA should be able to know international demand for particular products in this tough period.MCI should apply implement export promotions for MSMEs (Ministry of Micro , Small & Medium Enterprises ) and MMSMEs should know the ability of domestic suppliers.
- E.g. A platforms should be created for suppliers that would give them proper information regarding new markets, and enable them to compete globally.
Management will be the key of policymaker to turn the table to the side of India’s exports,increasing the share to the international trade and give a new height to the progress of economy.
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The COVID -19 has changed the situation positive in some ways for the export industry.Government of india has also change many policies which can enhance the international trade.
We are presuming that the buyer beyond the border has virtually seen your product. If you are stucking somewhere or facing any problems related to export world , we are always present to help you.
So, contact us for a risk-free export import experience !!
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