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Assmnt 1 IBM

1) This document discusses opportunities and threats for Indian companies in international markets. 2) It notes that while India has been an independent country for over 50 years and a renowned producer of goods for centuries, its share of global trade is less than 1%. 3) The world has changed significantly from ancient times when traders paid premiums for Indian spices and gems; now manufactured products rather than handcrafted goods dominate global trade.

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Hafsa Thasneem
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10 views

Assmnt 1 IBM

1) This document discusses opportunities and threats for Indian companies in international markets. 2) It notes that while India has been an independent country for over 50 years and a renowned producer of goods for centuries, its share of global trade is less than 1%. 3) The world has changed significantly from ancient times when traders paid premiums for Indian spices and gems; now manufactured products rather than handcrafted goods dominate global trade.

Uploaded by

Hafsa Thasneem
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ASSISNMENT: 1

INTERNATINAL USINESS

BPPBRTIXITIES & THREATS FBR IXBIAX


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INTRODUCTION
We have around one-IiIths oI the world`s people in India. We have been an independent
country Ior the last IiIty-Iour years, Iree to choose whatever economic and trade policies we
want, Iree to decide how to respond to our economic and social needs. Our country has been
an internationally renowned producer oI cotton, silk, pepper, tea and leather Ior centuries and
yet today, our share oI the global trade is less than one percent.
It is pretty obvious that the world has come a long way Irom the days oI ancient trading
caravans travelling a long way to reach India, the land oI Iabulous wealth, and oI traders
playing a premium to buy Indian spices and gems. Today, it is the manuIactured product, not
the handcraIted one, which commands attention in the global marketplace.

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