28. Indian Textile and Apparel Industry
The Indian textile and apparel sector is very critical to the Indian economy, as this sector accounts for around 8% of GDP, contributes 14% of the value addition in the manufacturing sector and more than 30% of the export earnings of the country. Besides, it is the single-largest employer with an estimated workforce of 35 million. Industrial liberalization in the domestic economy since 1991 has been followed by changes in the global environment. The abolition of licensing controls on the Indian industry and Uruguay Round negotiations resulting in a ten-year phase out of textile and apparel export quotas under the 'Agreement on Textiles and Clothing' (ATC) posed a great opportunity and challenge to the Indian industry.
Through the transitional process embodied in the ATC, this sector was fully integrated into WTO rules by January 1, 2005. In particular, the extensive and complex system of bilateral restraints came to an end, and importing countries are no longer able to discriminate between exporters by applying safeguard measures to individual countries. With the opening of textile and apparel markets in post-2004; the trade is set to offer opportunities as well as challenges to various players in world's textile and apparel markets. It can be termed as an opportunity as with the phasing-out of the quota system, restrictions in trade are removed, and wider access to world consumption markets is possible for manufacturers and exporters of textile and apparel. The phasing-out of quotas is perceived as a threat to the industry as an assured market based upon quotas linked with past performance or relationships, etc. is ruled out.
India has emerged as one of the main textile and apparel exporting countries in the Asian region, and is competing with China, Turkey, Bangladesh, Mexico, Korea and other Asian countries. This has made it necessary for the Indian textile and apparel industry to understand the opportunities and challenges in a WTO era. The strategies for being competitive in the WTO period are to be formulated with the assessment of opportunities as well as challenges.
This study provides understanding of areas where emphasis is required in a post-MFA scenario and where planning needs to be done for making the Indian textile and apparel industry competitive in world textile and apparel trade. The study is based on analyses of secondary data and primary data collection of survey of garment exporters, fabric manufacturers and buying houses. Garment exporters from all major manufacturing centers in India have been covered in the survey of garment exporters.
The respondents among garment exporters were drawn from among the top 500 garment exporters consisting of 2.37% of the total number of garment exporters registered with the Apparel Export Promotion Council. This study provides understanding of areas where emphasis is required in a post-MFA scenario and where planning needs to be done for making the Indian textile and apparel industry competitive in world textile and apparel trade. The study is based on analyses of secondary data and primary data collection of survey of garment exporters, fabric manufacturers and buying houses.
Garment exporters from all major manufacturing centers in India have been covered in the survey of garment exporters. The respondents among garment exporters were drawn from among the top 500 garment exporters consisting of 2.37% of the total number of garment exporters registered with the Apparel Export Promotion Council (AEPC). About 31% of the sample belonged to the top 200 garment exporters. There were 145 responses from garment exporters drawn from the Garment Exporter's list (AEPC, 2003) of top 500 exporters. The respondents among fabric manufacturers consisted of 69 respondents drawn from the mill sector (42% representation and of the unorganized sector (58% representation). Similarly, the sample consists of 38 respondents drawn from the list of 100 buying houses of AEPC. The findings of study are summarized below:
Opportunities in Post-MFA Period
T-shirts, men's shirts, women's blouses, women's dresses and trousers are categories with almost similar response from respondents showing a good future potential for them after quota removal. However, there are categories such as women's skirts and jackets where there are comparatively lesser expectations from buying houses for expansion of trade from India in the post-MFA period (Figure 1); garment exporters hope to have a good market for women's skirts too. The jacket category is not expected to be very important for India. Research findings also indicate that buying houses perceive imported fabrics as superior to fabrics from India.
This, coupled with the fact that a substantial percentage of the cost of garments is of the fabric, the Indian garment industry has an opportunity in categories where it has a good raw material base. The relative extent of expectations for each category by the respondents is depicted by the following radar diagram. The reasons can be attributed to the non-availability of fabrics for jackets and outerwear at competitive prices. Figure 2 shows that MMF and special woven fabrics have a high proportion in fabrics being imported into India. This affects pricing of the Indian apparel industry for these items in the world's markets.
Garment exporters have expressed their opinion that the value addition in terms of embroidery, printed and bead work followed by appliqu will provide growth opportunity in the post-MFA period for apparel trade. Buying houses indicate zari, bead work, Schiffli embroidery and printed as type(s) of value addition to become important in the post-quota period. The analysis reflects that embroidery, bead work and printed designs are common types of value addition in apparel items being indicated by garment exporters as well as buying nouses.
The study indicates that pure cotton followed by cotton/poly ester blend is the fiber composition with an emerging potential in the post-MFA period. Other synthetic fiber blends are also expected to provide opportunities in the post-MFA period. This response is associated with India's focus on pure cotton, and it is expected to continue. However, as indicated in Figure 3, higher growth in world trade is expected in MMF in comparison to cotton, while the fiber mix analysis of India's production The secondary research (Figure 5) indicates that world trade is moving towards processed fabrics, while India's trade is concentrated on gray fabrics, which leads to lower price realization. The analysis of composition of world trade indicates that around 73% of trade consists of processed fabrics, while India's trade is predominantly of gray fabrics (34% of trade).
The comparison of UVR (US$) for fabrics indicate (Figure 6) low price realization for the Indian fabric processing industry. It indicates less competitiveness of the Indian textile industry due to its focus not being on value added (i.e. processed) fabrics. and exports (Figure 3) indicates concentration on cotton. The findings of the survey of garment exporters and buying houses indicate (Figure 4) that mill-made fabrics are expected to become important in the post-quota period followed by knitted fabrics. Buyers are going to be more demanding due to the availability of more options in a competitive scenario leading to the requirement of better quality raw material for the apparel sector. This is further established through research that fabrics from the organized sector (mill made) are perceived to have better performance against most of the parameters, while making a sourcing decision by an apparel firm.
Friday, February 20, 2009
27. LEATHER IMPORTERS
Business to provides 3,300 leather importers, leather garments importers, shoe importers, travel accessories importers and footwear importers from 143 countries who import leather garments, leather, shoes, fur garments, gloves, luggage, travel accessories, wallets, handbags, small leather goods, saddles, imitation leather, saddlery, harness and stable equipment, etc.
Directory of worldwide leather importers, shoe importers, leather garments importers and leather goods importers was primarily compiled for exporters, international traders and manufacturing companies to help you develop new global sales. This specific trade directory will provide you with critical global trade information you will not find elsewhere.
The Leather Importers - Leather Garments Importers and Shoe Importers global trade directory is available Printed in a 3-ring binder and on a CD-rom. Both versions have been formatted to help you easily locate the importers most targeted to your products and/or services. Undertaking the task of assembling a targeted worldwide list of importers for your products and/or services can be both frustrating and futile.
At the bare minimum it is dreadfully time-consuming and extremely labor intensive.
This directory can relieve you from this often time wasting endeavor by providing you with a targeted list of importers compiled through the use of questionnaires mailed worldwide to the entire importer database during the course of the year.
This global business directory is updated every twelve months as all of our importers directories are and have been each year since starting publication in 1971. This long term dedication to exclusivity and excellence has earned our trade directories a place on the shelves of worldwide, chambers of commerce, USA and state government agencies, exporters, international trade companies and global trade promotion agencies around the world.
Business to provides 3,300 leather importers, leather garments importers, shoe importers, travel accessories importers and footwear importers from 143 countries who import leather garments, leather, shoes, fur garments, gloves, luggage, travel accessories, wallets, handbags, small leather goods, saddles, imitation leather, saddlery, harness and stable equipment, etc.
Directory of worldwide leather importers, shoe importers, leather garments importers and leather goods importers was primarily compiled for exporters, international traders and manufacturing companies to help you develop new global sales. This specific trade directory will provide you with critical global trade information you will not find elsewhere.
The Leather Importers - Leather Garments Importers and Shoe Importers global trade directory is available Printed in a 3-ring binder and on a CD-rom. Both versions have been formatted to help you easily locate the importers most targeted to your products and/or services. Undertaking the task of assembling a targeted worldwide list of importers for your products and/or services can be both frustrating and futile.
At the bare minimum it is dreadfully time-consuming and extremely labor intensive.
This directory can relieve you from this often time wasting endeavor by providing you with a targeted list of importers compiled through the use of questionnaires mailed worldwide to the entire importer database during the course of the year.
This global business directory is updated every twelve months as all of our importers directories are and have been each year since starting publication in 1971. This long term dedication to exclusivity and excellence has earned our trade directories a place on the shelves of worldwide, chambers of commerce, USA and state government agencies, exporters, international trade companies and global trade promotion agencies around the world.
26. ABACUS
Being recognised and regarded for your excellent performance while fulfilling your aspirations. That's what you will achieve at ABACUS. With our integrated worklife practices, you will have the support to deliver your most stunning career achievements in our result-oriented environments, whilst still providing the care and attention to your family and personal needs.
It is truly a win-win environment for you, your family and the company. ABACUS. A choice employer you will be proud to be associated with. ABACUS is an award-winning Computerised Reservations System (CRS), having won several industry accolades over the years. We are the largest Global Distribution System (GDS) in the Asia-Pacific and the leader in electronic.
Distribution and travel-related services including information and reservations specially tailored for the Asia-Pacific. ABACUS international is owned by 11 top Asian Airlines and the Sabre INC, a US-based GDS and CRS widely recognised for its travel technology leadership.
At ABACUS, we are seeking talents to establish their career in the travel facilitation industry. Together with proper guidance and careful planning, we will grace towards another peak in the industry. If you are creative, a self-starter, innovative, multi-skilled and customer focused, please apply online:
Being recognised and regarded for your excellent performance while fulfilling your aspirations. That's what you will achieve at ABACUS. With our integrated worklife practices, you will have the support to deliver your most stunning career achievements in our result-oriented environments, whilst still providing the care and attention to your family and personal needs.
It is truly a win-win environment for you, your family and the company. ABACUS. A choice employer you will be proud to be associated with. ABACUS is an award-winning Computerised Reservations System (CRS), having won several industry accolades over the years. We are the largest Global Distribution System (GDS) in the Asia-Pacific and the leader in electronic.
Distribution and travel-related services including information and reservations specially tailored for the Asia-Pacific. ABACUS international is owned by 11 top Asian Airlines and the Sabre INC, a US-based GDS and CRS widely recognised for its travel technology leadership.
At ABACUS, we are seeking talents to establish their career in the travel facilitation industry. Together with proper guidance and careful planning, we will grace towards another peak in the industry. If you are creative, a self-starter, innovative, multi-skilled and customer focused, please apply online:
25. StartYour Own Photography Business from Home
Anyone with the right camera equipment, and the necessary skills can set up a home business, marketing photography. You need only to convert a room of your house into an office, and then you can work immediately. With modern technology in the form of SLR digital cameras, you do not even need the room for a dark room. You need only to have a personal computer and a photo-editing program. The standard is Adobe Photoshop.It is not necessary to clutter yourself with equipment you do not need. You can hire equipment on and when you need it basis. You have the freedom to work part time for a while until you can devote yourself full time to photography.
All you need to be is a serious photographer. There are two types of photographers that makes their living from photography, the serious photographer and the very serious photographer. You can always bookmark this link and then you can quickly access just about all you'll ever need from here.Whilst the technical skills needed to make a successful photographer have never been easier, other aspects have changed the business. The market for photographs of virtually every type has widened, the world seems to have an insatiable appetite for photographs. However the price has fallen as the marketing net has broadened.
Photographers are needed in many more fields. For instance many people use car web sites, they simply did not exist ten years ago, and they sell their products as a result of photography. Cameras used by scuba diver’s are now an excellent quality, and whilst they are initially expensive, they have forged a new market. People celebrate special occasions more with photography, than they did years ago. The travel and advertising markets have a greater need for landscape, travel and nature shots.It is now easier than ever to turn your dream into reality and create a worthwhile business out of an engrossing hobby.
However in today’s modern world there is more to it than simply pointing a camera, and shooting a picture. You need to be aware of marketing techniques, and here marketing simply means transferring ownership of a product, in this case an image from a buyer to seller. You also need to be aware of any local gaps in the market in your local area. You should also try to be on top of your competitor’s prices, to undercut an existing photographer is one choice, but to neglect to value your skills and not charge enough to cover your overheads is another matter entirely. Remember this, its an important point.Use your skills to the best advantage of the business and define what you want from it.
Writing a business plan helps to keep you focused on the areas you specifically want to exploit. A business plan helps you to define your goals and strategies, it will be changed and updated, but it will help you, to keep things in perspective. You can then refer back to it when things become confusing or complicated. Everyone’s business plan will be different, as every objective will be different, but there are certain common factors that make up a good business plan which will help your business grow. It allows you to develop a professional attitude to your business, which not only helps you to increase your earnings, but also help you to finance your business.For the photographer it should include, your business name, or your own, with full details of the proposed location of the business, a copy of your logo, as well as details of your copyright notices.
What is the form of your proposed business (sole ownership, partnership, Limited Liability Company or Corporation). This should be followed by a table of contents, which focuses on a logical order. There are resources that will give you further details on such as profitable-photography.comIncluded after this should be the type of business you intend to pursue, in a fair amount of detail, and it should contain the services you intend to offer. This section should include any future gaols or avenues you would like to explore, stating your clear objectives. This is so you can check at a later date whether your objectives are on course, or if you have got sidetracked.
If you envisage at any time you may need financial help, then you should include your personal business history.You should also state a clear and concise marketing plan that should demonstrate how your business will differentiate from the businesses of your competitors. You should be able to establish whom your customers will be, as well as where your market will be, as in wholesale or retail or a combination of both. You should also be able to determine how long this type of market will be available to yourself.The next section should clearly define your opposition, as well as their strengths and weaknesses.
This should include the ways you may be able to exploit any gaps in the market in the specific area where you live. A section should follow this on how you intend to market and promote your individual services.A financial segment should be included as to how you intend to manage the day-to-day bills of the business. How you intend to price your services, and what factors influence this pricing structure, which includes a section on your competitor’s financial structures. This means a fair amount of detective work as well as homework. Get your friends to ask from quotes from the local competition. Or try an even more direct approach, tell your competitor’s that you intend to start a new business, and that you do not want to undercut them, as this reduces the cake for everyone.
They may well offer to help you construct a pricing structure that ensures everyone’s livelihood. It is in their interests to help. Not everyone will be cooperative, but it may mean you can get a truer picture of the market factors that govern your area.Make a list of all the equipment you will need in your first year, as well as how and where you intend to purchase. Note any difficulties that may arise in obtaining your supplies. Note whether the prices of your supplies have a seasonal fluctuation, that may help you influence you when to buy.
You should make a note of any local licenses that will be necessary, as well as any zoning restrictions, that may restrict the growth of your business. Your neighbours may not be thrilled at a procession of customer’s to your door, check whether they can restrict your services. Make a study of all your business insurance requirements.The final segment should be devoted to how you intend to finance the growth of your business, as well as isolating what your financial needs will be. This should include a projection on your future earnings, as well as an accurate assessment of your outgoings’
This should be assessed on a monthly basis for the first year, and on an annual basis for the following three years. An important aspect of the financial statement is an assessment of the break-even point of your business, in other words the minimum you will have to take to pay your expenses.The purpose of this documentation is to allow you to enunciate what the core elements of your business will be, in doing this it should help you to be able to quickly evaluate the success of your business objectives. If you are not clear on your objectives then you cannot possibly make a plan to bring about the success of those objectives.
Anyone with the right camera equipment, and the necessary skills can set up a home business, marketing photography. You need only to convert a room of your house into an office, and then you can work immediately. With modern technology in the form of SLR digital cameras, you do not even need the room for a dark room. You need only to have a personal computer and a photo-editing program. The standard is Adobe Photoshop.It is not necessary to clutter yourself with equipment you do not need. You can hire equipment on and when you need it basis. You have the freedom to work part time for a while until you can devote yourself full time to photography.
All you need to be is a serious photographer. There are two types of photographers that makes their living from photography, the serious photographer and the very serious photographer. You can always bookmark this link and then you can quickly access just about all you'll ever need from here.Whilst the technical skills needed to make a successful photographer have never been easier, other aspects have changed the business. The market for photographs of virtually every type has widened, the world seems to have an insatiable appetite for photographs. However the price has fallen as the marketing net has broadened.
Photographers are needed in many more fields. For instance many people use car web sites, they simply did not exist ten years ago, and they sell their products as a result of photography. Cameras used by scuba diver’s are now an excellent quality, and whilst they are initially expensive, they have forged a new market. People celebrate special occasions more with photography, than they did years ago. The travel and advertising markets have a greater need for landscape, travel and nature shots.It is now easier than ever to turn your dream into reality and create a worthwhile business out of an engrossing hobby.
However in today’s modern world there is more to it than simply pointing a camera, and shooting a picture. You need to be aware of marketing techniques, and here marketing simply means transferring ownership of a product, in this case an image from a buyer to seller. You also need to be aware of any local gaps in the market in your local area. You should also try to be on top of your competitor’s prices, to undercut an existing photographer is one choice, but to neglect to value your skills and not charge enough to cover your overheads is another matter entirely. Remember this, its an important point.Use your skills to the best advantage of the business and define what you want from it.
Writing a business plan helps to keep you focused on the areas you specifically want to exploit. A business plan helps you to define your goals and strategies, it will be changed and updated, but it will help you, to keep things in perspective. You can then refer back to it when things become confusing or complicated. Everyone’s business plan will be different, as every objective will be different, but there are certain common factors that make up a good business plan which will help your business grow. It allows you to develop a professional attitude to your business, which not only helps you to increase your earnings, but also help you to finance your business.For the photographer it should include, your business name, or your own, with full details of the proposed location of the business, a copy of your logo, as well as details of your copyright notices.
What is the form of your proposed business (sole ownership, partnership, Limited Liability Company or Corporation). This should be followed by a table of contents, which focuses on a logical order. There are resources that will give you further details on such as profitable-photography.comIncluded after this should be the type of business you intend to pursue, in a fair amount of detail, and it should contain the services you intend to offer. This section should include any future gaols or avenues you would like to explore, stating your clear objectives. This is so you can check at a later date whether your objectives are on course, or if you have got sidetracked.
If you envisage at any time you may need financial help, then you should include your personal business history.You should also state a clear and concise marketing plan that should demonstrate how your business will differentiate from the businesses of your competitors. You should be able to establish whom your customers will be, as well as where your market will be, as in wholesale or retail or a combination of both. You should also be able to determine how long this type of market will be available to yourself.The next section should clearly define your opposition, as well as their strengths and weaknesses.
This should include the ways you may be able to exploit any gaps in the market in the specific area where you live. A section should follow this on how you intend to market and promote your individual services.A financial segment should be included as to how you intend to manage the day-to-day bills of the business. How you intend to price your services, and what factors influence this pricing structure, which includes a section on your competitor’s financial structures. This means a fair amount of detective work as well as homework. Get your friends to ask from quotes from the local competition. Or try an even more direct approach, tell your competitor’s that you intend to start a new business, and that you do not want to undercut them, as this reduces the cake for everyone.
They may well offer to help you construct a pricing structure that ensures everyone’s livelihood. It is in their interests to help. Not everyone will be cooperative, but it may mean you can get a truer picture of the market factors that govern your area.Make a list of all the equipment you will need in your first year, as well as how and where you intend to purchase. Note any difficulties that may arise in obtaining your supplies. Note whether the prices of your supplies have a seasonal fluctuation, that may help you influence you when to buy.
You should make a note of any local licenses that will be necessary, as well as any zoning restrictions, that may restrict the growth of your business. Your neighbours may not be thrilled at a procession of customer’s to your door, check whether they can restrict your services. Make a study of all your business insurance requirements.The final segment should be devoted to how you intend to finance the growth of your business, as well as isolating what your financial needs will be. This should include a projection on your future earnings, as well as an accurate assessment of your outgoings’
This should be assessed on a monthly basis for the first year, and on an annual basis for the following three years. An important aspect of the financial statement is an assessment of the break-even point of your business, in other words the minimum you will have to take to pay your expenses.The purpose of this documentation is to allow you to enunciate what the core elements of your business will be, in doing this it should help you to be able to quickly evaluate the success of your business objectives. If you are not clear on your objectives then you cannot possibly make a plan to bring about the success of those objectives.
24. Careers in Writing
Careers in writing can be more exciting than most other careers. This is so because careers in writing give you more variety and flexibility than most other careers. Careers in writing let you follow your passion and get paid for it. And that is not all; careers in writing allow you to follow schedules that are convenient to you and let you be your own boss. These are just some of the advantages of careers in writing.
And if you have an academic bent of mind, Academia Research.com has careers in writing that give you the usual advantages and a lot more. Academia Research.com is a brand to contend with in the area of academic and research writing. As a consequence of this, they are able to offer you a huge volume of work from which you can choose topics that are close to your heart. You can choose from a variety of subjects that cover accounting, information systems and technology, economics, finance, literature, sociology, medicine, and many more.
This means that unlike the regular writing opportunities, the careers in writing that Academia Research.com offers are actually a medium through which you can express yourself. Another advantage of this variety is that you not only keep in touch with your favorite scholastic subjects but also get to learn new ones. The writing careers that Academia Research.com offers you, lets you work as a freelancer. It lets you pace yourself.
In most other careers you invariably have bosses breathing down your neck and targets giving you nightmares. But working as a freelancer lets you fix schedules that are convenient to you. You will truly and really be your own boss. One significant reason why Academia Research.com is such a great success is because it believes that both “customer satisfaction” and “writer satisfaction” are equally important. It achieves “customer satisfaction” through its uncompromising adherence to high quality. It achieves “writer satisfaction” by paying its writers rates that are comparable to the best in the industry and giving its writers 24/7 support.
This is the kind of support that is to be experienced. Imagine, you are able to log onto a website where you are able to choose topics from an array and easily send your request for an order. You are automatically notified of all customer emails and comments. You can have all your doubts and queries clarified by an administration whose only purpose is to make life so easy for you so that you are able to focus on writing and let the support personnel take care of everything else. And yes, your payments are automatically credited to your account on the due dates.
Careers in writing can be more exciting than most other careers. This is so because careers in writing give you more variety and flexibility than most other careers. Careers in writing let you follow your passion and get paid for it. And that is not all; careers in writing allow you to follow schedules that are convenient to you and let you be your own boss. These are just some of the advantages of careers in writing.
And if you have an academic bent of mind, Academia Research.com has careers in writing that give you the usual advantages and a lot more. Academia Research.com is a brand to contend with in the area of academic and research writing. As a consequence of this, they are able to offer you a huge volume of work from which you can choose topics that are close to your heart. You can choose from a variety of subjects that cover accounting, information systems and technology, economics, finance, literature, sociology, medicine, and many more.
This means that unlike the regular writing opportunities, the careers in writing that Academia Research.com offers are actually a medium through which you can express yourself. Another advantage of this variety is that you not only keep in touch with your favorite scholastic subjects but also get to learn new ones. The writing careers that Academia Research.com offers you, lets you work as a freelancer. It lets you pace yourself.
In most other careers you invariably have bosses breathing down your neck and targets giving you nightmares. But working as a freelancer lets you fix schedules that are convenient to you. You will truly and really be your own boss. One significant reason why Academia Research.com is such a great success is because it believes that both “customer satisfaction” and “writer satisfaction” are equally important. It achieves “customer satisfaction” through its uncompromising adherence to high quality. It achieves “writer satisfaction” by paying its writers rates that are comparable to the best in the industry and giving its writers 24/7 support.
This is the kind of support that is to be experienced. Imagine, you are able to log onto a website where you are able to choose topics from an array and easily send your request for an order. You are automatically notified of all customer emails and comments. You can have all your doubts and queries clarified by an administration whose only purpose is to make life so easy for you so that you are able to focus on writing and let the support personnel take care of everything else. And yes, your payments are automatically credited to your account on the due dates.
23. home based data entry jobs
The economies that cheap labor create make India a great destination for companies that outsource work. There are many areas of work that do not really require special educational qualifications or training or experience to be able to achieve. Data entry job work is one such area of employment. However, it should be noted that while most forms of data-entry do not require any special knowledge in the area of the company’s business, many other forms of data-processing and data-entry do require some technical knowledge in the field. In the case of the latter if the company that hires you cannot or will not provide you with the information or knowledge you need in the form of training programs then these jobs will not be possible for you to take up.
In recent years, Western countries realized the value of outsourcing projects to different countries where labor is not as expensive. In addition to saving them the cost of labor, outsourcing jobs also leaves the main professionals in the company with sufficient time tot be able to focus on the main functioning of the companies. In India, while some forms of outsourcing existed even decades ago, the development of the Internet and relaxed Governmental policies has really led to a boom in this area.
This has given rise to many new job opportunities in the form of home based data entry jobs in India today. One of the reasons that data entry home jobs are popular is that they afford employees the opportunity of working in the comfort of their own homes. In addition, employees enjoy being master of their own schedules and working as hard as they need to. Many data-entry operators in India are homemakers, full-time mothers or existing employees of other firms trying to make a supplementary income.
These jobs are also a great way for college students to earn an income while studying.Doing data-entry jobs from home can hence be very advantageous. The radical advances in the field of telecommunications and the Indian government’s new policies in respect of global free trade in the area of services have created many new business opportunities. Remote or long-distance processing is a rapidly booming industry worldwide. Basically, in principle, this means that office jobs in countries like America and the UK can now be done by employees in India. In addition, data-entry work from home reduces the employers’ costs.
Employers no longer have to worry about making expensive investments in the costs of workspaces and other related overheads. One can also think of starting one’s own online business, but one must be cautious in this area. There are many fraudulent companies that offer tempting profits but could end up costing an over-zealous individual rather than earning them an income. Never pay to get started on data-entry work or agree to pay for registering. These are mostly the clues that point to a fraudulent company. Some companies even offer trials so that you can see if you are cut out for that kind of work.
The economies that cheap labor create make India a great destination for companies that outsource work. There are many areas of work that do not really require special educational qualifications or training or experience to be able to achieve. Data entry job work is one such area of employment. However, it should be noted that while most forms of data-entry do not require any special knowledge in the area of the company’s business, many other forms of data-processing and data-entry do require some technical knowledge in the field. In the case of the latter if the company that hires you cannot or will not provide you with the information or knowledge you need in the form of training programs then these jobs will not be possible for you to take up.
In recent years, Western countries realized the value of outsourcing projects to different countries where labor is not as expensive. In addition to saving them the cost of labor, outsourcing jobs also leaves the main professionals in the company with sufficient time tot be able to focus on the main functioning of the companies. In India, while some forms of outsourcing existed even decades ago, the development of the Internet and relaxed Governmental policies has really led to a boom in this area.
This has given rise to many new job opportunities in the form of home based data entry jobs in India today. One of the reasons that data entry home jobs are popular is that they afford employees the opportunity of working in the comfort of their own homes. In addition, employees enjoy being master of their own schedules and working as hard as they need to. Many data-entry operators in India are homemakers, full-time mothers or existing employees of other firms trying to make a supplementary income.
These jobs are also a great way for college students to earn an income while studying.Doing data-entry jobs from home can hence be very advantageous. The radical advances in the field of telecommunications and the Indian government’s new policies in respect of global free trade in the area of services have created many new business opportunities. Remote or long-distance processing is a rapidly booming industry worldwide. Basically, in principle, this means that office jobs in countries like America and the UK can now be done by employees in India. In addition, data-entry work from home reduces the employers’ costs.
Employers no longer have to worry about making expensive investments in the costs of workspaces and other related overheads. One can also think of starting one’s own online business, but one must be cautious in this area. There are many fraudulent companies that offer tempting profits but could end up costing an over-zealous individual rather than earning them an income. Never pay to get started on data-entry work or agree to pay for registering. These are mostly the clues that point to a fraudulent company. Some companies even offer trials so that you can see if you are cut out for that kind of work.
22. To open up small scale industry
Moving to liberalise small-scale industries (SSIs), the is all set to remove a restrictive clause in a 1951 law that prevented non-SSI players from setting up small units. The number of items reserved for small-scale industries will remain the same at 114 but the restrictive clause will go.
Speaking at the Idea Exchange hosted by The Indian Express today, Union Commerce and Industry Minister Kamal Nath said: “We are in the process of issuing a notification regarding SSIs’ reservation.
At present, no big industrial house, whether domestic or foreign, can have more than 24 per cent. That is being removed now. The idea is that our SSIs must have access to technology and capital.” The notification, under the Industrial (Development) Regulation Act of 1951, was tabled in Lok Sabha yesterday and in Rajya Sabha today. “This needs to be on the table of the House for 30 days,” Nath said. Once the notification clears Parliament, SSIs would only be defined on the basis of one definition — capital investments of up to Rs 5 crore in plant and machinery.
Explaining its implications, Nath said: “This is important because we have got to modernise our SSIs. It is not that some reservations that are there would go away. Excise and other benefits will remain. The SSI sector needs foreign equity.” “If today someone wants to set up an SSI unit and ancillary units, they cannot fund it because it is not allowed. Now there is no limit. They can own an SSI. FDI would be allowed, but it will be governed by the investment policy. So if a large industry is allowed 51 per cent in that sector, then they will also be allowed 51 per cent in SSIs as well.”
This move is important in the context of the government’s continuing efforts to move surplus labour from agriculture to industry. “The big challenge is no more generating or earning foreign exchange which was the case 15 years ago, but generation of employment. In the end, the question (about policies) is if they would multiply employment generation. In my view, any investment that generates additional economic activity is great,”.
Moving to liberalise small-scale industries (SSIs), the is all set to remove a restrictive clause in a 1951 law that prevented non-SSI players from setting up small units. The number of items reserved for small-scale industries will remain the same at 114 but the restrictive clause will go.
Speaking at the Idea Exchange hosted by The Indian Express today, Union Commerce and Industry Minister Kamal Nath said: “We are in the process of issuing a notification regarding SSIs’ reservation.
At present, no big industrial house, whether domestic or foreign, can have more than 24 per cent. That is being removed now. The idea is that our SSIs must have access to technology and capital.” The notification, under the Industrial (Development) Regulation Act of 1951, was tabled in Lok Sabha yesterday and in Rajya Sabha today. “This needs to be on the table of the House for 30 days,” Nath said. Once the notification clears Parliament, SSIs would only be defined on the basis of one definition — capital investments of up to Rs 5 crore in plant and machinery.
Explaining its implications, Nath said: “This is important because we have got to modernise our SSIs. It is not that some reservations that are there would go away. Excise and other benefits will remain. The SSI sector needs foreign equity.” “If today someone wants to set up an SSI unit and ancillary units, they cannot fund it because it is not allowed. Now there is no limit. They can own an SSI. FDI would be allowed, but it will be governed by the investment policy. So if a large industry is allowed 51 per cent in that sector, then they will also be allowed 51 per cent in SSIs as well.”
This move is important in the context of the government’s continuing efforts to move surplus labour from agriculture to industry. “The big challenge is no more generating or earning foreign exchange which was the case 15 years ago, but generation of employment. In the end, the question (about policies) is if they would multiply employment generation. In my view, any investment that generates additional economic activity is great,”.
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