Date post: | 20-Aug-2015 |
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EXPORT OF SPICES IN MIDDLE EAST COUNTRIES
GULF COUNTRIES
Group Members
• Nidhi Ambavane P-20• Faisal Indikar P-17• Hemant Telang P-10• Vijay Tayade EX-01• Sandeep Sharma P-38
MIDDLE EAST COUNTRIES
GULF COUNTRIES
INTRODUCTION
• History of Indian spices• Indian spices are known for its flavours• India is known as ‘Home of Spices’• The Spices Board, India is the apex body for
the export promotion of Indian spices• Middle East is the major importer of spices
from India
SPICES IN FIVE CATEGORIES
• Major spices:-black pepper, cardamoms, chillies, ginger and turmeric
• Seed spices:-coriander, celery, fennel
• Tree spices:- clove, nutmeg, kokum
• Herbal spices:- thyme, marjoram
• Misc spices:- garlic, saffron, pepper long
RESEARCH PROCESS
• Gulf Countries are highly populated • Display a huge demand for Indian spices• The research has been undertaken to study the
present status• It explores all the possible channels that are
present and the channels that could be replaced and prove more successful for efficient Trade
RESEARCH PROCESS
Secondary Data also relates:-
• Government departments
• Books, journals, magazines and internet used as a data source
PESTLE ANALYSIS
POLITICAL:-• Government intervence in economy.• Tax policy, labor law, environment law, political
stability.• Merits and demerits of goods and services.• Great influence on education ,health and
infrastructure of nation.
PESTLE ANALYSIS
Economic:-• Economic growth ,interest rates, exchange
rates.• Effects of cost of export and import on gods.• How business operates and makes decision?
PESTLE ANALYSIS
Social:-• Cultural aspects and health consciousness.• Population growth rate.• Age distribution.• Carriers attitude and emphasis on safety.
PESTLE ANALYSIS
Technology:-• R&D Activity• Automation• Technological change• Outsourcing decision
PESTLE ANALYSIS
Legal:-• Consumer law• Antitrust law• Employment law• Healthy and safety law
PESTLE ANALYSIS
Environment:-• Political instability in some parts of the region.• War in Iraq and other middle east countries.• Potential impacts of climate onto production
and cultivation.• Economical and financial crisis.• Increase cost of logistics and Insurance.
COMPETITION ANALYSIS
• Competitor• Establishment• Competitors products• Product Difference• Key selling Points• Weakness• Channel of Distribution
PRODUCTION AND EXPORT OF PEPPER
PRODUCTION AND EXPORT OF PEPPER
Metric Tons
PRODUCT PLANNING
• Production Adaptation• Strategy• Standardization• Life Cycle• Branding• Packaging• Price
ADVERTISING
• Spice board• Quality certification• Sending samples abroad• International trade
farefares/exhibitions
COMMUNICATION
• Pest management
• Assuring quality of spices
• Training for quality
• Participating in international meetings
APPLIED TARRIF
DO’S IN THE MARKET
• Adoption of hi-tech and technology upgradation
• Setting up/Upgradation of Quality Control Labs
• Printing promotional literature/Brochures
DONT’S IN THE MARKET
• Trade Disputes
• Insufficiency of Legal Provisions
• Poor Product Quality
CONCLUSION
• Attraction for Indian spices
• The Indian Government has been taking a lot of efforts to boost up trade between India and Gulf Countries
• Overall India enjoys a fair trade relationship with all the Gulf Countries
BIBLOGRAPHY
• www.trademap.com• www.macmap.com• www.indianspices.com• www.commodityonlines.com• www.aisef.com• Hindubusiness.com