Tag Archive: indian

Decorative Indian Import Data- Import Statistics Of India

Import section of international trade is one of the crucial factors which demonstrates the current market trend of a nation. Import of a commodity signifies its importance and need in the market. In numerous cases, luxurious goods head the list leaving behind the consumer goods. Whatever the item may be, the noticeable thing that comes into focus is the amount of demand of that commodity in the market. Once the trend is figured out, traders can work accordingly upon their stocks and future market strategies. And for that import data are continuously checked with proper scrutiny.

Over the years, both buyers and traders have shown great interest on decorative items like candles, furniture, fountains, papers, handicrafts and artworks. Decorative items have managed to top the chart of the imported commodities. So, in order to provide comprehensive import related information to the traders has introduced a well planned segment for serving this purpose. Decorative Indian Import Data- Import Statistics Of India is a properly segmented part of the online portal which solely deals with the import data of decorative items. These data are collected from different ports of India on regular basis. For making them more authentic, they are collected straight from designated professionals without any kind of manipulation.

Provides Indian custom import data which are based on actual bills of entries and invoices filed by Indian customs. This report covers all the import shipment record of sea ports, air ports and ICDs. This vital information helps traders to find Indian buyers and importers, along with product specifications and prices. Moreover, actual Indian market scenario and existing trend can be analyzed with the assistance of these data.

This online platform developed is a user friendly space which has also got the backing of a expert team. A team of expert professionals, well versed with flawless analytical import data, helps the clients in carrying out successful import deals. This professional guidance and research based consultancy service helps in framing meticulous trade decisions. Real time shipment information of goods from ports are continuously fed to the experts in order to keep them abreast with the current market trend.

Import Data on decorative items and luxurious goods has got immense importance in today’s trading world. Entrepreneurs and business organization build their future plans on the basis of these precise analytical data. With proper trade information and able guidance of the trade experts, entrepreneurs can undertake quick and effective decisions without incurring any kind of loss. These data increase their power of analyzing the market to a great extent. They can precisely shape up their future plans with a significant increase in risk bearing capacity.

Decorative Indian Import Data is a calculative segment of this database portal which would cater the need of both established and aspiring traders in the coming days. With its effective navigation system and authentic expert suggestions, will serve a database gallery containing plethora of Indian import data.

Indian Economic Growth with Stainless Steel Manufacturing Industry

There are various reasons that have lead to India’s economic growth. According to various studies and analysis done on this domain it has been projected that the future of the economic boom pattern in India which is clearly visible lies on the nature of its manufacturing sector which includes the Stainless Steel manufacturing company.

There is a possibility that the growth rate of Indian economy rises from 8-9% per annum in the coming decades. This growth pattern would definitely generate jobs for the skilled and the unskilled labors in the next couple of decades. To maintain a consistent growth rate it very important for the manufacturing sector to develop at 14-15% per annum on a regular basis.

The Indian based Stainless Steel manufacturer and the Stainless Steel Exporters in India have now started extending their industrial branches in other countries. According to the recent developments many Stainless Steel manufacturers such as SAIL and other such companies have extended their base of operation to Afghanistan.

These developments give a clear picture as to the various activities of the Indian Stainless Steel manufacturer. It can be clearly seen that the Stainless Steel Exporters in India are increasing its resources by stretching towards Afghanistan.

The National Manufacturing Policy (NMP) formulated by the Indian government has aimed to increase the share of the Indian manufacturing industries from 16% to 25% by 2021-22 and create additional employment opportunities in the steel industry.

This implies that the manufacturing sector must grow at rates of 16% per annum on a sustained basis between 2012-13 and 2022-23. Taking into account the steel industry, the stainless steel manufacturers have categorically divided their operations and channelized their plans by further elaborating their domain of expertise. One such domain is the manufacturing of the Stainless Steel Sheets.

There has been an acute growth in the Stainless Steel Exporters in India and Stainless Steel Sheet Suppliers. It’s being projected that the quality standards and the price levels would be far better then that of its European and American counterparts. As more awareness is developing, more and more manufacturers are trying to incorporate the use of latest technologies and equipments to survive in this cut throat competition.

There is an array of hope that in the years to come stainless steel manufacturers will ensure that it learns from their experiences and improve their overall positioning in the global market platform.

There has been an acute rise in the steel imports into the U.S which has risen by 18.8% during the first quarter of 2012 mainly due to the increasing demand from the automobile and manufacturing industries established there.

History of Indian Mutual Fund Industry

With the emergence of diverse productive avenues for investing, mutual funds have become one of the most popular investment options. This is a simple investment product structured around the concept of risk mitigation by spreading investments in multiple channels. According to Nielsen global survey of investment attitudes,it is one of the favourite investment options that ranked atop among the other assets like precious metals, stocks and bonds.

In this article, we will look at the history of the mutual fund industry which grew fairly successfully and helped large number of investors generate wealth over the years.

Entry of mutual funds in India (1963)

This concept emerged in India in 1963 by the formation of Unit Trust of India (UTI) which is a watermark in annals of this industry in India. These are initiated by government and the Reserve Bank of India (RBI), with an aim to attract small investors and were focused mainly on investing for creating wealth in the long run.

Monopoly era by UTI (1964-1987)

Established through an Act of parliament in 1963, the Unit Trust of India (UTI) enjoyed monopoly status for 23 years and functioned under the regulation of RBI for a period of 15 years. Later, it was de-linked from RBI in 1978 and functioned under the regulation of Industrial Development Bank of India (IDBI) which took over the administrative control in place of RBI. The first unit scheme of UTI was launched in 1964 and later more innovative schemes were launched in 1970’s and 1980’s to attract and suit the needs of Indian retail investors. By the end of 1987, the Assets Under Management (AUM) of UTI increased by ten times to Rs 6700 crore.

Entry of Public Sector Players (1987)

Public sector mutual fund players entered in the market in 1987. SBI mutual fund was the first non-UTI mutual fund in India. It has been successfully managing large investor’s funds since 1988. It launched many schemes to provide investors with opportunities for making profits in a diversified basket of stocks of Indian companies.

Later, such schemes were launched by Canbank mutual fund in (1987), Life Insurance Corporation (LIC) in (1989), Punjab Mutual Fund (Punjab National Bank) in (1989), Bank of India in (1990), General Insurance Corporation (GIC) in (1990). By the close of 1993, the AUM of this industry had increased seven times and had Rs 47,004 crore of assets under management. However, the UTI retained its position as the dominant player with 80% market share.

Entry of Private Sector Players (1993)

To provide a wider choice of funds to Indian investors, private sector players along with foreign companies were permitted to enter into the industry in 1993. In the same year, the first mutual fund regulation was passed, saying all mutual fund companies except UTI need to be registered and governed. In 1993, the erstwhile Kothari Pioneer (now merged with Franklin Templeton) was the first private sector mutual fund company in India. During 1994-95, 11 private sector funds have launched their schemes introducing innovative investment strategies.

SEBI – Mutual Funds Regulation (1996)

This industry witnessed a sea change in the 1990s. In 1993, the industry started functioning under the regulation of Securities and Exchange Board of India (SEBI). This is, probably, the most elaborate regulatory effort in the history of mutual fund industry of India. Consequently, there was a spurt in the number of mutual fund houses with many foreign players setting up funds in India. By the end of 2003, there were 33 mutual fund companies with total AUM of Rs 1,21,805 crore. The largest UTI had Rs 44,541 crore of AUM in the same year.

In 2003, UTI was disaggregated into two entities. One is the Unit Trust of India with AUM of Rs 29,835 crore (as on Jan 2003). This has been functioning under an administrator and under the rules framed by Government of India. This does not come under the purview of the Mutual Fund Regulations.

And the second one is UTI Mutual Fund Ltd, sponsored by State Bank of India, Punjab National Bank, Bank of Baroda and LIC of India. This is registered with SEBI and functions as per mutual fund regulations. Currently Unit Trust of India works under the name UTI mutual fund and some of its earlier schemes were gradually wound up. However, UTI mutual fund is the largest player in the mutual fund industry.

As Indian this industry experienced major growth, simultaneously international mutual funds like Fidelity, Franklin Templeton Mutual Fund, etc. entered Indian market. There are 44 mutual fund players in the market until March 2012. This industry has AUM of Rs 6.92 lakh crore as on June 2012.

The Indian Handicraft Industry

India is a land where exporting is much a necessity than a preferred choice. It is a highly populated land where commerce and business are the need of the hour. And then, India is also a leader in various fields, and the abundance of few specialized items can afford it to export such items. However, when we talk about the Indian Export Business, do we easily think of Handicraft industry? Not really, because Agriculture as a major export area is a famous and popular concept, overshadowing many other fields.

India is indeed one of the major exporters of handicrafts and gift items. Owing to a heritage of rich art and craft culture in ancient times, Indian Handicraft sector is recognizable for their most popular craft items like earthenware, pottery, woodwork, sculpting, scarves, shawls, textiles, embroidered and knitted goods, zari items, jewelry, etc. Indian Handicraft goods have a great demand overseas, as they are a perfect mix of traditional designs with modern techniques. The export of Handicraft items in India is growing exponentially, and so-much-so that it is emerging as the second largest employment generating sector after Agriculture. Hence, a large number of artisans are engaged in designing pottery and other craft work.

The Agriculture Export Business is increasing at a consistent growth rate and is spreading its wings to various nations. India has been exporting its products to USA, UK, Germany, France, Netherlands, Spain, Italy, UAE, Canada, Belgium and others countries. From various exported handcraft items, few that are high on the demand list are Wood wares, Hand printed textiles, Shawls, Zari Goods, Imitation Jewelry, Crocheted Goods and more.

Another reason for the popularity of Indian Handicraft goods is the exceptional and varied design items. Consisting of 28 states, India offers an enormous range of handicraft products, where many states have their own handicraft USP. Following is listed the various Handicraft items and the Indian states they are associated with it.

? Wooden ware- Saharanpur, Hoshiarpur, Srinagar, Amritsar, Jaipur, Jodhpur, Mysore, Madras, Kerala, Behrampur

? Marble and Stone Craft- Jodhpur, madras, Agra

? Zari Goods- Madras and Rajasthan

? Art Metal- Moradabad, Aligarh, Rewari, Jodhpur, Jaipur, Delhi, Madras, Beedar, Kerala, Jaisalmer

? Jewelry- Delhi, Moradabad, Kohima

? Papier Mache items- Kashmir, Rajasthan and Bihar

The Indian Handicraft goods are used for leisure pursuits and as a style statement. The manufacture of Handicraft goods is giving employment to many people in India, and has forged an unsurpassed reputation in the international market.