It's time for more market briefs! This time, Doug Barry, of the U.S. Commercial Service, conducts two interviews. The first is with Aileen Crowe Nandi, the principle commercial service officer in Chennai, . In the interview, Ms. Nandi describes the ample number of opportunities for U.S. businesses in the southern region of India (Hyderabad, Bangalore, and Chennai). She also discusses a number of other issues, including cautionary advice for U.S. firms looking to do business in South India, the necessity of being able to compete in an industry based on price, the current infrastructure and consumer base of South India, how these are shifting, and how these shifts should affect the approach when entering into the South India market.
globalEDGE Blog - Page 270
Publish Date:
Recently, the European Union signed the with (93 million Euros, to be exact). The aim of the package is to serve as a means to social and economic reform for the island nation. The timing of the deal couldn’t have been better. Only three days earlier, Mauritius’s Minister of Education and Human Resources expressed his nation’s desire to its . What implications might these events have on current and potential investors, and the textile industry as a whole?
Publish Date:
Imagine a scene that many of us carry out everyday: You are driving through a remote part of town, and you approach an intersection. At the intersection, there is a traffic signal where you stop and wait. As you look around, you see no traffic for miles! Wouldn’t it be great if the traffic signal knew the current traffic and changed the light to green? Welcome to the concept of Intelligent Transportation Systems (ITS).
Publish Date:
For years, Airbus and Boeing have split the market for big passenger jets. But a in the sector could start to eat away that dominance, leading to big changes in the commercial aircraft industry. The prospect of increased competition is already forcing the two large companies to consider making costly changes to their most popular models. Airbus executives were expected to meet this week to discuss upgrade options for the top-selling A320 family, though they said a decision wasn't expected to be made right away. Boeing will decide in the next few months whether to embark on a revamp of its 737 single-aisle jetliner line. So why would these top-tier manufacturers have to make sudden changes?
Publish Date:
Approaching business challenges requires an open mind and willingness to take a fresh look. This couldn’t apply better than to opening new export markets. An with the U.S. Ambassador to the Kingdom of shed light on the opportunities opening in the Middle East. The Ambassador provided an insightful view of Saudi Arabia which presents great opportunities for businesspeople to view the country as a place to export.
It all began in 1945 with a renewed relationship between the United States and the King of Saudi Arabia, King Abdul Aziz. Since then, the country has experienced significant population growth as well as improved social and political climates. In fact, Saudi Arabia is in the process of creating 250,000 graduates of a vocational school. Education is paramount to the country’s development and will fundamentally change it from a purely oil driven economy to one that is more diverse moving ahead into the future.
The next question on your mind: But isn’t it hard to get started in the Middle East? Actually, Saudi Arabia is a capital rich environment where companies feel comfortable both manufacturing and selling products that are highly sensitive to intellectual property (IP) rights protection. As part of the current administration, IP protection has gone up because of the educational initiatives. Instead of stealing technology, the country is able to create its own.
If you are considering new countries in which to export your products, keep an open mind. Saudi Arabia is an example of a great opportunity for the right company to come in and provide solutions. China, India and Russia have recently earned over $19 billion in business that has traditionally gone to American firms. This is the time to regain confidence in the partnership that originated over 50 years ago.
Publish Date:
We know that green energy and fuels have been a hot topic for the past few years. Electric vehicles seemed so strange when they first came out but now many environmentally conscious people have made the switch. There are a lot of pros to these little cars; they don’t use any fuel and still get you from place to place just as a gas-guzzler would. However, is it likely that everyone in the future will drive an electric car? Maybe, but right now fuel cars continue to be what are selling.
Publish Date:
When planning a trip one of the first things to consider is what type of transportation to use.
The most popular method for long distance trips is flying. Air travel is still a large industry even though it recorded huge losses last year and the year before. It has also played an important role in promoting international business through the years as it has made international travel more convenient.
Publish Date:
Be sure to follow our blog as our team presents a series on . Transportation comes in multiple forms for both people and products. Whether you are doing business locally or internationally, it is a key component in daily operations. This week, the topics you will be able to read about include fuel efficiency, planes, trains, automobiles, and shipping.
Publish Date:
“Fast and growing” is how the Turkish market is by Jim Fluker, Senior Commercial Officer of the United States Foreign Commercial Service. With a population of over 72 million and a growing middle class, Turkey is poised to be an ideal export market. The country is uniquely positioned between Eastern Europe and the Middle East, where the political climate is relatively mild in comparison to many of its neighbors.
Publish Date:
Business is booming for suppliers of basic materials, food and medical supplies. Due to the earthquake disaster in Haiti, businesses around the world are seeing huge spikes in sales thanks to relief funds coming from the around the world. Rebuilding infrastructure is a significant component to disaster relief, but so is rebuilding local economies.