Professional Documents
Culture Documents
A Project Report ON Industry Visits
A Project Report ON Industry Visits
ON
INDUSTRY VISITS
BY
IN PARTIAL FULFILLMENT OF
Bachelor of Business Administration – International Business
SAVITRIBAI PHULE PUNE UNIVERSITY
MITSOM College
PUNE: 411038
1
CERTIFICATE
of MAEER’s MITSOM College has successfully completed the project work in partial
This project is the record of authentic work carried out during the
DECLARATION
2
I, Mr. / Ms_________________________________ hereby declare that this project is
the record of authentic work carried out by me during the academic year 2016 – 2017
and has not been submitted to any other University or Institute towards the award of
any degree.
3
INDEX
Sr. Name of the Date of the Visit Focus Area of the Visit
No. Company/Organization
Water-Shed Management
Non-Conventional Energy
Sources
3 World Trade Centre 13th January 2017 Role of World Trade Centre ,
(WTC) , Mumbai Mumbai in Promoting
Entrepreneurs to Increase the
Exports
4
ADDRESS : Ralegan Siddhi , Parner Taluka , Ahmednagar District ,
Maharashtra , India (Western part).
(2)Water-Shed Management
NAME OF THE FACILITATORS : Mrs. Pallavi Adya and Ms. Mrudul Vaidya
(A) INTRODUCTION :
5
Ralegan is a small village in the Ahmednagar district. In 1975 , this village was caught in a
web of poverty and illicit liquor trade. The per capita Income was unbelievably low at Rs 271.
The transformation took place when a retired army driver Anna Hazare settled in the village.
It has now become an example for various development activities throughout the country .
It is located at a distance of 87 km from Pune. The village has an area of 982.31 ha (1991).
The village has a bunch of 400 houses , that is , approximately 2500 people . The school (1st to
12th standards) was built by the villagers for approximately 50 lakhs . Recently camera
projectors were put up in the classrooms. The village also has a hostel (300 students) which is
specially built for the students who have failed academically .
Our first INDUSTRIAL VISIT was to the village of RALEGAN SIDDHI which is considered
to be a MODEL OF SUSTAINABLE DEVELOPMENT with the main focus areas being
Agri-Business Management , Water-Shed Management and use of Non-Conventional
Sources of Energy . The other focus areas were the dairy industry developing in the village
and how the village has shifted from single cropping region to multi cropping region . Our
class was accompanied by Mrs. Pallavi Adya and Ms. Mrudul Vaidya.
(B) LOCATION:
6
1. PLACE : RALEGAN SIDDHI
3. TEHSIL/TALUKA: PARNER
4. DISTRICT: AMHEDNAGAR
5. STATE: MAHARASHTRA
7
VOLUNTARY BAN ON CUTTING
LABOUR DOWN OF TREES
BAN ON
GRAZING
8
(1) WATERSHED MANAGEMENT:
States Hazare, “This visit gave a direction to my ideas and I decided to undertake similar work
of
watershed development in my village.” Many water harvesting structures with people’s
participation. So far, 48 nulla bunds, 5 cement check dams and 16 Gabion structures have
been constructed. The villagers under Hazare’s guidance, also undertook fodder development,
continuous contour trenches and loose boulder structures on 500 acres of land.
The watershed development work helped in conserving each drop of rainwater in the village
itself and in recharging the groundwater aquifers. This ultimately raised the water table. In the
same village where earlier it was not possible to cultivate more than 300–350 acres of land for
one crop,now the villagers are harvesting two crops in 1500 acres of land. Due to availability
of water, the agricultural production has boosted up. The agricultural development has created
lot of employment in the village itself. Not only has the distress migration completely stopped,
but now wage labourers have to be hired from other villages in order to get various intercultural
operations done in time.
(2) NON-CONVENTIONAL SOURCES OF ENERGY:
9
The village’s biggest achievement is undoubtedly in the area of non-conventional souces of
energy. Following are various non-conventional sources of energy used in the village:
(1) All the streets in the village are lit by solar lights , each with a separate panel.
(2) There are four large community biogas plants , and one of them is fitted to the
community
toilet .
WINDMILL
Earlier only 300 liters of milk was sold from the village. Now the milk production has gone up
to 4000 liters. Almost all of the households have at least one cow/buffalo at their homes. All
10
the milk extracted from these households is collected at a milk collection house and from there
it is distributed among the villagers equally and the surplus is purchased by cooperative and
private dairies. This brings in Rs. 1.3 to 1.5 crores (13 to 15 million) annually to the village.
The dairy business has flourished as a subsidiary to agriculture which has provided a new
income generation avenue to the unemployed youths of the village.
Because of the proper management water sources, land that was lying fallow came under
cultivation and the total area under farming increased from 630 hectares to 950 hectares. The
average yields of millets, sorghum and onion increased substantially. Water conservation
efforts resulted in increased availability of groundwater which in turn has facilitated the
development of community wells. Water is found all-round the year in more than 100 wells.
Water from these wells, supplied at a moderate price, has enabled farmers to grow two to three
crops a year including fruits and crops, some of which are exported all the way to Dubai.
Irrigation facility is provided for 1100 acres. Yield is increased to five times its earlier quantity.
The per capita income of the villagers has increased from Rs. 225 to Rs. 2500. This has
completely transformed the economy of the village. The living conditions of the villagers have
11
improved and the gap between the haves and have-nots has narrowed down. After the
economic transformation of the village, villagers constructed buildings worth Rs.1 crore (10
million) for school, hostel and gymkhana and renovated the old village temple through
financial contributions and shramdan. The temple is not only a place for the worship of God but
also a place where the whole village gets together on particular days of a month where
S.W.O.T (Strengths. Weaknesses. Opportunities. Threats) takes place .
Nasha Bandhi means a ban on the consumption of alcohol in that region or the state wherever
the
rule is applied. No person is allowed to consume alcohol and the sale of alcohol is strictly
prohibited. This helps to control the alcohol consumption of the area and lead to a better
sustainable life of the people and also the development.Today the villagers have completely
given up brewing of liquor. Nobody sells liquor in the village. Further, the shopkeepers do not
sell cigarettes, beedies and tobacco too for the last 13 years.
The youth of this village includes 210 students in the army , 40 teachers and 12 doctors .
99% of the youth takes up Government jobs . The students are taught the principle of
Shramdaan (Voluntary Labour) .
(E) OBSERVATIONS:
12
During the visit, I observed that the village of Ralegan siddhi is the most ideal village of all
times. It nearly took 20 years for the transformation of Ralegan siddhi from a highly
degraded village to one of the richest village.
Anna Hazare invested all his money in building a temple. Then he gathered a small team of
villagers and motivated them to stop malpractices that were taking place in the village. There is
a ban on smoking and consuming alcohol in the village.
Then he started thinking of ways to end the problems in the village like drought ,
unemployment , intoxication , etc. then he started the watershed development in the village.
The water shed development helped in conserving each drop of rainwater in the village.
This ultimately raised the water level. The same village that was facing draught conditions and
where it was nearly impossible to cultivate more than 300-500 acres of land for one crop, now
the farmers were harvesting 2 crops in 1500 acres of land.
Anna Hazare replicated the water shed programme in the neighboring villages too. Now,
about 85 villages in Maharashtra are following this technique.
The use of non-conventional sources of energy is undoubtedly the best feature of this
village which makes use of these resources to get basic necessities.
Water shed management and the use of non-conventional souces of energy has converted
the village into a multi cropping region and has also boosted the dairy industry in this region
.
(F) CONCLUSION:
13
The visit to Ralegan Siddhi was a memorable one. We learnt from the people of Ralegan siddhi
that if we work with our full potential for the betterment of our society we will get the best
results. The village which was earlier a victim of extreme poverty and unemployment is now
one of the richest villages in India. The village which always faced draught conditions earlier
now supplies water to its nearby cities. All the people of the villages, who come from different
castes, religions, creed, live together like one big family. Over a quarter of the households earn
over nearly half a million rupees. The total savings of the village is nearly 300 Crores.
The village Ralegan Siddhi was an ordinary village just like any other village, but it was
ahead of all other villages when cleanliness was taken into consideration.
The milk distribution system is one of the most successful systems of the village .
The village is capable of exporting its surplus crops into international market .
The water management system is so good that, it not only fulfils the needs to the villager,
but also has helped the villagers in the irrigation of crops and even this very water is supplied
to nearby towns and cities.
New and better technologies should be introduced in order to make things much easier .
The village can increase its variety of dairy by opening up a poultry farm .
14
ADDRESS : Jawaharlal Nehru Port Trust (JNPT) , Navi Mumbai ,
Maharashtra 400702 .
NAME OF THE FACILITATORS : Mr. Srinivas Kulkarni and Ms. Mrudul Vaidya
(A) INTRODUCTION:
15
The Jawaharlal Nehru Port Trust (JNPT) at Navi Mumbai (formerly known as the Nhava
Sheva Port) located within the Mumbai harbour on the west coast of India, was commissioned
on 26th May 1989. It occupies a place of prominence among the major Indian ports. It is the
second youngest and one of the most modern major ports of the country
The construction project of the port is considered to be one of the technical marvels in the
country, which was completed in a record time of just three-and-half years on the marshy soil .
The land area in possession of the JNPT measures to 2,987 hectares with enough back-up area
ideally suited for developing additional facilities for future maritime requirements of the
country. It was built with an investment of Rs.1,109 crores , out of which Rs.956.97 crores
were obtained as loans from various funding agencies, with the World Bank being one of the
major contributors. Today JN Port is fully mechanised port which uses latest technology in
handling of cargo at the terminals and presently handles about 40% of India’s container
cargo.
JNPT enjoys very good road and rail linkages with its hinterland as well as important
business centres like Thane, Nashik and Ahmedabad, which facilitate excellent port-industry
interface. It is also characterized by highly automated and round-the-clock operations and
has demonstrated enough potential and capacity to develop India’s first major hub port.
Ever since its inception, JNPT has chartered India’s international trade to a glorious course of
success and achievements, breaking all records and creating new benchmarks. It handled 64.03
million tonnes of total cargo during the financial year 2015-16. The operating income for FY
2015-16 amounts to Rs.1,508 crores compared to Rs.1,345 crores during FY 2013-14. The
port handled about 4.49 million TEUs in the FY 2015-16.
(B) LOCATION:
16
1. PLACE : JNPT
4. STATE: MAHARASHTRA
(C) FACILITIES:
17
The JNPT Container Terminal is operated by JNPT. It has a quay length of 680 metres
(2,230 ft) with 3 berths.The Nhava Sheva International Container Terminal (NSICT) is leased
to a consortium led by P & O, now a part of DP World. Commissioned in July 2000, it has a
600 metres (2,000 ft) quay length with two berths. It can handle up to 15.6 million tons of
cargo. NSICT was India’s first privately managed container terminal. In the year 2006, GTI
(Gateway Terminals India Pvt Ltd), a third container terminal operated by APM Terminals,
with the capacity to handle 1.3 Million TEUs was commissioned. A new standalone container
terminal by the name of NSIGT having a quay length of 330 m and a capacity of 12.5 Million
Tonnes will be fully operational by July, 2016. Work has commenced for commissioning of
fourth container terminal with a quay length of 2,000 m. This terminal will be operated by PSA
and will have a capacity of 4.8 Million TEUs (60 MTPA). Phase-I of the project with a quay
length of 1 km will be commissioned by Dec., 2017.
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JNPT enjoys very good road and rail linkages with its hinterland as well as important
business centres like Thane, Nashik and Ahmedabad, which facilitate excellent port-industry
interface.
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1. Dry storage container:The most commonly used shipping containers; they come in various
dimensions standardized by ISO. They are used for shipping of dry materials and come in size
of 20ft, 40 ft and 10ft.
2. Flat rack container: With collapsible sides, these are like simple storage shipping
containers where the sides can be folded so as to make a flat rack for shipping of wide variety
of goods.
3. Open top container: With a convertible top that can be completely removed to make an
open top so that materials of any height can be shipped easily.
4. Tunnel container: Container storage units provided with doors on both ends of the
container, they are extremely helpful in quick loading and unloading of materials.
5. Refrigerated ISO containers: These are temperature regulated shipping containers that
always have a carefully controlled low temperature. They are exclusively used for shipment of
perishable substances like fruits and vegetables over long distances.
6. Insulated or thermal containers: These are the shipping storage containers that come with
a regulated temperature control allowing them to maintain a higher temperature .
20
(1) CARGO SHIPS :
A cargo ship or freighter is any sort of ship or vessel that carries cargo, goods, and materials
from one port to another . Cargo ships are usually specially designed for the task, often being
equipped with cranes and other mechanisms to load and unload, and come in all sizes.
They mainly include:
(a) BULK CARRIERS (b) ORE CARRIERS (c) COMBINATION
21
Container ships (sometimes spelled containerships) are cargo ships that carry all of their load
in truck-size intermodal containers, in a technique called containerization. Container ship
capacity is measured in twenty-foot equivalent units (TEU). Typical loads are a mix of 20-foot
and 40-foot (2-TEU) ISO-standard containers, with the latter predominant.
22
Jawaharlal Nehru Port Trust (JNPT) in Navi Mumbai is now clearing 94 per cent
of cargo within four days from the existing 9-10 days. The customs department has urged
exporters and importers to take advantage of schemes like Direct Port Delivery (DPD) and
Direct Port Export (DPE) of the Customs to expedite cargo clearance.
The Jawaharlal Nehru Custom House is the biggest Custom House in the country in terms of
containers handled, documents filed and revenue generated. Examination of Import Cargo is
not being done inside the Port Terminals. The emphasis is on speedy movement of containers
and to utilize the port area exclusively for loading and unloading of the containers.
(G) SCANNERS:
Country’s largest container port JNPT is investing Rs 150 crore to install three mobile
scanners, which shall reduce the time taken for operations.At present, it has only two scanners
and containers take up to two days to pass through because of the long queues .
The two operational scanners are located at Dronagiri and the state-run JNPCT terminal at
present. With the new scanners, each of the three terminals will have a scanner of its own .
(H) OBSERVATIONS:
23
During the visit, I observed that the Jawaharlal Nehru Port Trust (JNPT) which is the
biggest container handling Port in India is a technical marvel.
The JNPT port is well handled by the Government officials according to the rules and
regulations while keeping in mind the security of the cargo .
The land area in possession of the JNPT measures to 2,987 hectares with a back-up area of
122.46hectares ideally suited for developing additional facilities for future maritime
requirements of the country. (charge of keeping cargo at the port is Rs.650 per container
per day)
The containers are of different colours depending upon the shipping company , exporter ,
importer as well as the type of container .
(I) CONCLUSION:
It was a great opportunity to visit the biggest container handling port in India which helped me
understand the concept of port logistics management in India . It also made me aware about
the various custom clearance systems followed in our country .
It gives us a better idea about the loading and unloading processes carried out by cranes. The
visit also taught me about the various types of containers used for exporting and importing
purposes.we were also told about the various facilities and services provided by the port .
At the time of visit we saw the loading and unloadingof containers being done by cranes
from a vessel called RAMQC whose diameters were length-262m , breadth-32m and height-
55m.
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ADDRESS : Ganesh Murti Nagar, Cuffe Parade, Mumbai, Maharashtra 400005 .
NAME OF THE FACILITATORS : Mr. Prasad Pathak and Ms. Mrudul Vaidya
(B) INTRODUCTION:
25
WTC MUMBAI, a pioneer WTC in India, epitomizes the vision of Bharat Ratna Dr. M.
Visvesvaraya to build a dedicated trade centre in Mumbai, the commercial capital of India,
with a view to promote India’s international trade. Research and International Trade
Promotion are our core functions. As a leading Trade Promotion Organization, WTC Mumbai
is actively involved in world trade development. The WTC Mumbai actively networks with
government, business/corporate sectors, and academia for promoting inclusive growth of
the region. The WTC Mumbai is also considered as a role model for other WTCs in India, and
the WTC Mumbai has also taken the initiative to establish WTCs in other prominent states in
the country. The WTC Mumbai is set up as a not-for-profit organization, was established in
1970 as a Public Private Partnership, and is a single point of reference for all business
solutions.
It consists of two towers, the M Visvesaraya Industrial Research and Development
Centre (MVIRDC) and IDBI. MRVDC was, at 156m, the tallest building in South Asia until
the 2010. WTC Mumbai has emerged as a forerunner in promoting international trade and
development.
The Centre integrates Indian businesses and international counterparts on a single 25 platform
through one to one business networking empowering the business community with skills, rich
resources and talent. The services offered by the Centre include trade research, trade
facilitation programs, educative programs and an international library which benefit every
segment of the society drawing together professionals, exporters, importers, research institutes,
government agencies, etc
Our third INDUSTRIAL VISIT was for a SEMINAR TO THE WORD TRADE
CENTRE,MUMBAI which was conducted by Mr. A. O. Kuruvilla (Advisor of Trade and
Education , World Trade Centre , Mumbai). Our focus area was Role of World Trade
Centre , Mumbai in Promoting Entrepreneurs to Increase the Exports . Our Facilitators
for the Industrial Visit we Mr. Prasad Pathak and Ms. Mrudul Vaidya.
(B) LOCATION:
26
1. PLACE : WTC , MUMBAI
4. CITY: MUMBAI
5. STATE: MAHARASHTRA
27
A strategy for economic development that stresses expanding exports, often through policies to
assist them such as export subsidies. The rationale is to exploit a country's comparative
advantage, especially in the common circumstance where an over-valued currency would
otherwise create bias against exports. It contrasts with import substitution. All national
governments have established institutional set-ups to support export activities.
The major objective of export promotion programmes is to create awareness about exports and
make the people understand that it is one of the most crucial instruments of growth and market
expansion. A non-exporter needs to be motivated by making him or her aware of the
international marketing opportunities.
A first-time exporter has to be assisted in finding export marketing opportunities and may be
supported on matters related to export policy, procedures and documentations. An exporter
consistently attempts to explore ways to improve their international marketing operations and
need to be assisted by way of trade fairs, buyer sellers meet, and market promotion
programmes.
The export promotion programmes initiated by the government are in the form of public policy
measures
The functions of export promotion programmes are: To create awareness about exporting as an
instrument of growth and market expansion.
The export promotion programs are basically designed to assist firms in entering international
markets and achieving optimum opportunities from their international business activities.
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(D) VALUES OF WORLD TRADE CENTRE:
SERVICE ORIENTED:
We continuously seek to better understand member needs and offer solutions that
deliver value and create long-term relationships.
RESPONSIVE:
We strive for efficient and meaningful interaction.
COLLABORATIVE:
We work together to create an enriching culture built on trust and respect.
INNOVATIVE:
We are strategic, entrepreneurial, and forward-thinking.
ETHICAL:
We conduct our affairs with integrity and transparency.
CULTURALLY DIVERSE:
We create a culture that fosters creativity, productivity and mutual appreciation.
(E) VISION:
To become the world’s trusted global brand for international business connections and trade
through our proprietary network of branded properties and integrated trade services.
(F) MISSION:
To expand the reach and increase the quality of our global World Trade Centers Association
(WTCA) network.
29
(G) THREE PILLARS OF WORLD TRADE CENTRE:
3 PILLARS
OF
WORLD TRADE
CENTRE
(H) FACILITIES:
(I) SERVICES:
Trade Counseling
Referrals
Event Management
30
(J) ACTIVITIES PLANNED IN WTC:
B2B meetings
31
(K) EDUCATIONAL COURSES OFFERED AT WTC:
32
(c) Diploma in SHIPPING & LOGISTICS
MANAGEMENT
EXPORT-IMPORT BUSINESS
33
(L) OBSERVATIONS:
There are 323 World Trade Centres around the World out of which 23 are in India.
It has a huge shopping center called “THE ARCADE” which has shops and stores
exhibiting products such as jewellery, Dress material, etc.
The seminar was conducted by A.O. Kuruvilla who is an advisor of trade and education at
the World Trade Centre , Mumbaii
The World Trade Center consist of various offices which belong to the different firms and
organisations who are members of the World Trade Center Association (WTCA) .
The Social Responsibility of the WTC , Mumbai is to help the people involved in
agriculture
(farmers) and to remove the middlemen so that the farmers earn the actual revenue . for this
purpose the WTC , Mumbai conducted a Global Economic Summit on Agriculture for which
farmers from Nasik and Pune came.
34
(M) CONCLUSION:
The INDUSTRIAL VISIT to THE WORLD TRADE CENTRE , MUMBAI was a great
experience . The knowledge imparted by MR. A. O. KURUVILLA was indeed a great
learning for us . We got to know about the various Facilities and Services provided by WTC
to it’s members . As students , we got aware about the different courses offered by WTC .
We were lucky to visit the “THE FILM AND TELEVISION TRADE FAIR” during our
visit to WTC . We were also informed about the 6th Global Economic Summit with its theme
being WOMEN EMPOWERMENT: Entrepreneurship , Innovation and Capacity
Building,
35
4. WORKSHOP ON IMPORT-EXPORT DOCUMENTATION (SEMINAR) :
36
Kothrud , Pune-411038 .
(A) INTRODUCTION:
The term import is derived from the conceptual meaning as to bring in the goods and services
into the port of a country. The buyer of such goods and services is referred to as an
“importer”.
The term export is derived from the conceptual meaning as to ship the goods and services out
of the port of a country. The seller of such goods and services is referred to as an “exporter”.
Why is documentation needed in export business? Answer to this question lies in the nature
of the business relations between the exporter and the importer operating from two countries.
Manually
Freight Forwarder
Customs Broker
37
38
(D) CLASSIFICATION OF DOCUMENTS:
COMMERCIAL
DOCUMENTS
PRINCIPAL
AUXILIARY
(ii) It is a receipt given by the shipping company for cargo received by it.
39
(d) BILL OF EXHANGE:
Bill of exchange is an instrument or draft used for the payment in international / export
business. It is an instrument in writing containing an unconditional order, signed by the marker,
directing a certain person to pay a certain sum of money only to or to the order of a person or to
the bearer of the instrument. The person to whom the bill of exchange is addressed is to pay
either on demand or at a fixed or a determinable future.
Types:
1. Revocable and Irrevocable
2. Confirmed and Unconfirmed
3. With and Without Resources
(ii) Importers and exporters’ code numbers from the Chief Controller of Imports and Exports,
40
2. Documents needed for Shipment of Goods:
i. GR Form
ii. PP form
iv. EP Form
v. Softex Form
The shipping bill is the main document on the basis of which the custom’s permission for
export is given. Post parcel consignment requires customs declaration form to be filled in.
There are three types of shipping bills available with the customs authorities.
These are:
(i) Free Shipping Bill:
It is used for export of goods for which there is no export duty.
It is the basic instrument in marine insurance. A marine policy is a contract and a legal
document which serves as evidence of the agreement between the insurer and the assured. The
policy must be produced to press a claim in a court of law. An exporter must also put up the
marine insurance policy as a collateral security when he gets an advance against his bank
Credit.
41
(3) EXPORT ASSISTANCE DOCUMENTS:
The application for registration should be accompanied by a certificate from the exporter’s
bankers in regard to his financial soundness. In case of a firm having branches, the application
for registration shall be submitted only by the Head Office.
(c) DUTY DRAWBACK:
For claiming this incentive, the main document is the customs attested drawback copy of
shipping bill. This is to be accompanied by other documents such as drawback payment order,
final commercial invoice and a copy of bill of lading or airway bill, as the case may be.
42
(b) CERTIFICATE OF ORIGIN:
This certificate is issued by the independent bodies like chamber of commerce or export
promotion council in the exporting country. This is a certification that the goods being exported
were actually produced in that particular country.
BILL OF LADING
43
MATES RECEIPT
BILL OF EXCHANGE
COMMERCIAL INVOICE
44
(E) OBSERVATIONS:
1. Bill of Exchange
2. Certificate of Origin
3. Drawee (Importer)
4. Drawer (Exporter)
5. Export Invoice
6. Inspection Certificate
7. Letter of Credit
8. Mate’s Receipt
9. Packing List
10. Payee
11. Dockworker, Docker, Longshorman
(c) RFID (Radio Frequency Identification) is the Carrier Tracking Number mentioned in the
Commercial Invoice .
(d) There are two types of exports , that is , Permanent and Non-Permanent Exports .
(e) Each country makes use of different Measurement Units . For example :
UK approves of Tonne whereas USA makes use Metric Ton .
(f)There are various Obstacles to Trade such as Language barriers and Behavioural
Difference between the various countries that are carrying out transactions.
45
(F) CONCLUSION:
Knowledge of export and import documentation and procedure, the recent scenario of export
and import sector of India and also to know about the international trade barriers are slowly
narrowing down and a new era of world trade is emerging global economy export and import
trade will play a major role since interdependence between economics on several aspects is
increasing. But interdependence on trade and development aid between countries is viewed
with caution by most developing countries as they believe that developed countries are
always motivated to sustain their interests and under such situation interests of developing
countries may get partly neglected. India being a developed country has to protect its national
interests of development and therefore export import trade policy has to be designed and
implemented accordingly.
This workshop of the Import / Export procedures and documentations was very helpful for us
in learning and understanding these procedures and documentations in a much better way.
We studied that without these procedures and documentations the import and export business
is very difficult and therefore considering them is very important to run a successful import
and export business with different companies and countries.
This will not only increase the trade between countries but will also maintain relations with
the other companies and countries and will help flourish trade and will increase incomes of
people and in return the purchasing power and also the standard of living of people.
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BIBLIOGRAPHY:
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