Jalandhar Sports Industry

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Acknowledgement

PROJECT REPORT

ON

IMPACT OF GLOBALISATION

ON

JALANDHAR SPORTS INDUSTRY

AND

EXPORT MARKETING STRATEGIES

SUBMITTED TO:

SUBMITTED BY:-

PROF. Mrs. DEEPTI SINGLA

PRABHLEEN KAUR

RAJBIR KAUR

M.B.A. 2ND SEM.

SECTION B

Acknowledgement

No endeavor can be successful without the entire co-operation of the people encouragement, which veers forth coming, in full swing this study. It is extremely difficult to find success, which can do justice to this sort of co-operation. Success is endeavor call for co-operation & guidance from services and colleagues. This was comply brought out to me while undergoing my research project, as MBA courses is not only require the theoretical knowledge but practical knowledge too.

I am a great debt of my gratitude & sincere thanks to my Prof. Mrs Deepti who gave me the opportunity to my research project i.e. Marketing Strategies followed by Sports Goods Industry, a Study of Jalandhar. I thankfully acknowledge her contribution for giving me the important tips and guidance on the research project,. I am grateful to my friends & all those who helps me in one way or other at every stage of my work. Moreover, this achievement is extremely due to the moral support of my parents & teachers.

PREFACE

Jalandhar is the oldest city in Punjab situated at a distance of about 84 kms southeast of Amritsar on the G.T. road going at Calcutta. Jalandhar is Indias foremost producer of sports goods. Jalandhar is the sports city of India as it has not only finest sport industry but also a large number of sportsmen. Infact 12 of Indias greatest hockey players have come from a single village, Sansarpur, In Jalandhar City. Jalandhar has a very alive atmosphere, something that is typical to the whole of Punjab.

Jalandhar ranks second in India in the rate of urbanization and has the highest density of population at 598 persons per square km, as per the 1991 cencus. The reason far this is growing industrialisation. Industrial Production of sports goods began on a small scale during the late forties. Over the years, the sports goods industry has grown at an impressive are and of late Indian sports goods are also exported to different countries.

Rough estimate suggest that today Jalandhar has more than 100 major industries and about and abut 20,000 small scale industries with a most conservative estimate of an annual turnover of approximately Rs 450 crores. The Jalandhar Sports goods industry manufactures 318 items. The Jalandhar Sports Industry is highly labour intensive industry and provide employment to the weaker sections of society.

.

Table of Contents

1. Defining the Research Problem.

2. Research Methodology.

3. Sampling procedure.

4. Objectives of Research.

5. Limitations.

6. Introduction to various sample units.

7. Introduction to Jalandhar Sports Goods Industry.

8. Introduction to Export Marketing of Export Goods Industry.

9. Introduction to Sports Marketing Strategies.

10. Presentation and analysis.

11. History of the Industry.

12. Benefits to Exporters through Exporting.

13. Conclusion.

14. Suggestion.

15. Chi-square test.

16. Questionnaire.

17. Foreign Trade Policy 2004-2009.

18. Highest Export awards.

19. Bibliography.

DEFINING THE RESEARCH PROBLEM

I have taken the project entitled IMPACT OF GLOBALISATION ON JALANDHAR SPORTS INDUSTRY. The basic purpose of my project is to know the Pros n Cons of Globalization that is adopting a Global Outlook for the business and business strategies aimed at enchancing Global Competitiveness. For this III be taken in consideration various exporters of Jalandhar Sports Industries and the limit will be defined i.e. about 10 industries will be considered for the research to be carried out. The industries to be considered are:

MAYOR & CO..

SOCCER INTERNATIONAL

R,K, INTERNATIONAL

LEISURE EXPORT WORLDWIDE

RATTAN BROTHERS

SPORTS SYNDICATE

WORLDWIDE CRICKET CO. PVT. LTD.

ANAND INTERNATIONAL

R.K. MAHAJAN EXPORTS

UNIVERSAL SPORTS INDUSTRIES

The various points regarding impact of Globalization will be considered in these industries including threats, opportunities, quality, quantity, profitability, competitors. So in my study main focus is given to the business strategies adopted by Jalandhar Sports Industry, aimed at enchanting global competitiveness.

RESEARCH METHODOLOGY

Research is defined as a scientific and systematic search for information on a specific topic ."

"Research is the systematic method consisting of enunciating the problem formulating the hypothesis collecting the facts or data, analyzing the facts and reaching certain conclusions either in the form of solution towards the concerned problem or in certain generalization for some theoretical formulation."

RESEARCH DESIGN

The research is exploratory in nature.

VEHICLES OR METHOD OF DATA COLLECTION

Facts, information systematically collected and presented for the purpose of drawing inferences may be called data. Two types of data taken into consideration Le. primary data and secondary data.

PRIMARY DATA

Direct collection of data from the source of intonnation include personal interviewing, survey, etc. The result thuis are based on Primay data rebound to be empirical and of great utility value .

SECONDARY DATA

Indirect collection of data from sources containing past or recent. Past information like books, magazines, journals, various article through internet.

RESEARCH INSTRUMENT

A questionnaire will be used for the survey. It consists of set of questions for the respondents to answer.

SAMPLING PROCEDURE

UNIVERSE: The universe to be studied for the project is IMPACT OF GLOBALISATION on Jalandhar Sports Industry

SAMPLE UNIT: Sample unit for research is Exporters of Jalandhar Sports Industry.

SAMPLE SIZE: The sample size of about 10 sports industries will be taken into consideration and impact of Globalization will be studied on them

STATISTICAL TOOLS: Data collected will be analyzed and interpreted with the help of tables or Pie charts.

SAMPLE METHOD: Convenience method i.e. research conducted ion the industries according to own convenience .

STATISTICAL TEST: Hypothesis test

OBJECTIVES OF RESEARCH

To have an overview or Sports industry in Jalandhar City like

profitability , Export market, Size of sports industry , etc.

To find various policies regulating the export of Sports goods from

India .

To analyze various marketing strategies followed by Exporters of

Sports Goods

To identify the various problems faced by the exporters in the light of

findings and suggest measures to solve them or remove them.

LIMITATIONS

Scope of the study is limited to Jalandhar City only which cannot

represent the whole Indian market.

Lack of interest on the part of respondent.

Sports good industry is Cottage industry and highly organized. So certain shortcomings will be unavoidable due to inherent structural weaknesses prevailing in the industry.

Mayor & Co., Jalandhar

Established in 1961, Mayor & Company (a Mayor Group Company) is Indias largest manufacturer and exporter of Footballs, Volleyballs, Rugby Balls, Golf Balls and other Sports Balls etc. to Northern and South America, European Union, South Africa and Australia. Mayor is the OEM to the worlds renowned Sports Brands. In addition to being OEM they also export part of their production under their own brands like MAYOR TITANS, MAYOR BLITZ, MAYOR METOR & MAYOR GOAL Achieving an export turnover of Rs. 29.75 crores in the year 2004-2005, the company has business presence in over 50 countries and overseas associate offices in the UK and Australia. With three most modern and ISO 9000:2001 manufacturing coupled with in-house R&D facilities, the company envisions to remain Number one in chosen product categories in exports, quality and services for years to come.

SOCCER INTERNATIONAL LTD., JALANDHAR

Established in 1976, Soccer International Ltd., manufactures and exports hand Stitched inflatable Sports Balls, Shin Guards & Sports Bags to UK, Germany, USA, Italy, Australia & Denmark. Achieving an export turnover of Rs.29.08 crores in the year 2004-05, the company has in-house manufacturing of all peoducts and is very strong at product development. The company envisions, To be the largest manufacturer of sports goods in whole of Asia.

SANSPAREILS GREENLANDS PVT. LTD.

MEERUT

Sanspareils Greenlands widely known as SG, is popular for cricket Goods and Sports Protective Equipment. The Company extends its perfection to both national and international markets. SG is identified for the quality of its products and the work environment it provides. The company offers designs and equipment suitable for both national, international and even the common players, considering the varied want for quality. The innovative ideas for designs are worked on the basis of research carried on in the market. The company also considers its work force and its management, important aspects for the success of the company, promoting leadership ability amongst the employees. As rightly said, success of the company depends upon the accurate combination of power and assets to build a strong organization.

R.K. INTERNATIONAL., JALANDHAR

Since 1985, RK International Inc. has supplied high quality solid brass decorative builders hardware at extremely attractive prices, with a commitment to service that is an envy of the hardware industry. The company offers a broad range of decorative hardware in ornate, contemporary, and other popular styles that fulfill home owners tastes and requirements.

Companys products are designed, fabricated and finished by the best craftsmen in the world. Quality control is exercised at every step of the manufacturing process to ensure total customer satisfaction. Ever-increasing clientele within the United States and abroad distinguishes RKI as a credible supplier of decorative hardware.

The company is excited to offer new designs and finishes this year, in addition to free standing display carousels for our vendors to meet their hardware showcasing needs.

The last eighteen years have built a proven track record of excellence and dedication.

RATTAN BROTHERS

Rattan Brothers , established in 1976 is one among the old companies, manufacturing all types of inflatable balls like Soccer Ball, Rugby Ball, Volleyball, Netball, Handball, American and Australian Football, Cricker, Boxing and Hockey Equipment. The main focus is given on Basketball, Volleyball, Boxing, Football, Soccer & Martial Arts products. Its market extends worldwide under the leadership of Mr Tilak Khinder, CEO of the Company The employee strength of the company is 51-100 and the annual sales range is between US $5 Million US $10 Million. The company gains various certificates like ISO and Export House.

SPORTS SYNDICATE, JALANDHAR

Incepted in 1949, Sports Syndicate, Jalandhar is an ISO 9001:2001 certified company with British Standard Institute, known for its specialization in manufacturing customized balls as per the specifications given by clients. Whether it is in color, bladder or logo, company have the capacity to produce the balls exactly, as desired by the clients.

The main products of the company includes Inflatable Balls, Promotional Soccer Balls, Professional Soccer Balls, Soccer Balls for school kids, Training Soccer Balls, Indoor Soccer Balls, Mini Soccer Ball.

Sports Syndicate is Indias largest manufacturer, exporter and wholesale supplier of sport goods and equipment.

HANSRAJ MAHAJAN & SONS

Incorporated in 1925, Hans Raj Mahajan & Sons, is one of Jalandhars Premier Sporting Companies. Company has secured a prominent position as a reputed manufacturer and exporter of sporting goods, accessories, bags and promotional products.

The experience of more than seventy five years has taught the significance of providing value for money. The main emphasis of company is always be on customer satisfaction. The sporting goods of company confirm to the highest international standards.

The products in which the company deals are Cricket Balls, Clothing, protective equipment & accessories, Football, Soccer ball, Aussie ball, Fustal Sala ball, Netball, Basketball, Volleyball, Handball, American Football, Rugby Ball, Promotional Balls, Hockey Sticks, Hockey Balls, Boxing Gloves, Boxing Guards etUNIVERSAL SPORTS INDUSTRIES

Universal Sports Industries was established' in 1965. Since then experienced and 'well-trained Craftsmen have developed a widely diversified line of products according to present requirements and Styles.

It's a 100% export oriented unit, exporting all types of sports goods to various countries of the world for the last 30 years. The annual turnover of the company is Rs. 50 Millions.

Companys closely-knit team has developed a comprehensive range of Sporting Goods to cater the needs of all Sports and Leisure enthusiast. Company take special care in the quality of products. It manufacture and use appropriate quality raw materials keeping modem Packing Techniques.The various types of products exported by company are Boxing Equipments, Fitness Equipment, Cricket Equipment, Hockey Equipment, Inflatable Balls of all types, Cricket Balls, General Exercise Equipment.Throughout these years with our genuine concern for quality and prompt delivery the Company have been able to develop markets for our products throughout the world and have been able to increase its exports. The company has won various Export Excellent Awards from State and National Governments. The Company at present is 'successfully exporting to Australia, New Zealand, U.S.A., U.K., Italy, Germany and Canada. The company has achieved annual Export turnover of Rs. 55 million during the last Financial year and the Target for the current financial year is Rs. 80 million. The company anticipates achieving its target by exploring new European and American markets.

F.C. SONDHI, JALANDHAR

In the year 194.4, Mr. F.C.Sondhi, a great philanthropist and self made Business-man, started a company in England by the name F.C. SONDHI & COMPANY LIMITED. At that time it was dealing only in Toys.

In 1950, Mr. Sondhi journeyed to India and set up a branch of his company in Jalandhar City to export Hockey sticks, Cricket balls, Footballs etc. The company continued to export goods to F.C. Sondhi & Company Limited in England up to the year 1967 and to other Sports Goods Importers in England.

In 1967, FCS started the manufacture of cricket batting gloves and cricket legguards for one of the famous English companies. Today, the FCS family consists of over 300 loyal and dedicated staff and workers. The total area of land is 20 acres and provides ample room for expansion in years to come.

FCS is basically an Export Company with over 98% of its production being exported every year. The Annual Export is presently growing at the rate of approximately 33% per annum in quantity terms.

The major markets to which FCS is exporting are the United Kingdom, Australia, New Zealand and West Indies. However, FCS is exporting Hockey sticks and equipment particularly, to many other countries and concentration on those markets is on the increase.

The company deals in Hockey Sticks, Cricket Bats, Cricket Balls, Footballs, Cricket Legguards, Cricket Gloves & Specialists Gloves.Jalandhar Sports Goods Industry

Supplier to the World

India is fast emerging as an important supplier of quality sports goods and toys to the global market. Indian Sports goods are being exported to more than 100 countries are in demand in some of the most developed nations in the world. The industry is rapidly embracing new technology and adapting its products to keep up with the fast changing global trends. The growth momentum of the Indian industry is supported by its huge reservoir of skilled workforce, well established supporting and ancillary industries and availability of basic raw materials required for the industry.

Indian sports goods and toys industry, a labour intensive industry , with many of the units falling under the purview of small scale manufacturing units, provides employment to he weaker sections of the society as well as to a large number of women. Issues of welfare and corporate social responsibility have been given prime importance by the industry. Landmark achievements are being made for adult education and overall up-liftment of the industrys workforce.

Jalandhar & Meerut are by far the most important centers for manufacture of Indian sports goods. The origin of Jalandhar and the Meerut sports goods clusters can be traced back to Sialkot (now in Pakistan).

The items initially manufactured by this cluster were Football, Cricket Balls, tennis, Field Hockey etc. Though new items have been added with the passage of time, the traditional items continue to have a stronghold.

Jalandhar and Meerut, the pride of this industry account for nearly 82% of Indias export of sports goods. Today they have also crafted a place in the global sporting goods market and have emerged as reliable suppliers of sports goods to the international markets. The Indian sports goods are increasingly being used in international tournaments and cater to the top brands like, Addidas, Puma, Gilbert etc.

More than thousand enterprises, livehood to thousands, contributing towards a healthier society, creating a place in the world market, earning foreign exchange for the country, are the just some of the achievements of the Jalandhar Sports Goods Industry.

EXPORT MARKETING OF EXPORT GOODS INDUSTRY

During 2004-05, The Sports Goods Promotion Council continued to facilitate Indias export of sports goods and toys and augmented the Industrys efforts to increase Indias share in world exports of sports goods and toys. The year witnesses a reaffirmation of growth and progress in the sports and toys industry. The council once again recorded a steady double digit growth in exports of sports and toys by around 18% in dollar terms during 2004-05

Incessantly adapting to the new challenges thrown by the global market dynamics, the Council during 2004-05 evolved the strategic framework to match the needs of the Indian industry with the trends and requirements of the global market. The promotional framework was specifically designed for, and was successful in enchancing Indias presence and its share in established markets for sports goods and toys; targeting new and upcoming markets, highlighting Indian achievements and expertise through focused promotion, dissemination of critical information on market trends and market intelligence to Indian industry and for the buyers to source from India.

During 2004-05, The council organised seven focused overseas events to support the industry in their efforts to promote Indian Sports goods and toys worldwide. Indian participation in attractive India Pavilions were organised in 3 international fairs for sports goods and 2 international fairs for the toys sector. Australia & New Zealand, which are important markets for Indian sports goods and toys were targeted through Buyer Sellers Meets to increase and consolidate our presence. In addition to highlighting Indian presence amongst the competitors, the council ventured to explore new and upcoming markets as identified under the FOCUS Programmes of the Ministry of Commerce, Government of India by organising Buyer Seller mets in the emerging markets of Latin America, namely Brazil, Chile and Argentina.

The Councils initiatives have received an enthusiastic response from the industry that can be measured in terms of participation in the international events organised by the Council. This response is a parameter of the industrys preparedness to face international challenges and also indicates a high degree of inclination to internationalize.

During 2004-05, India continued its drive to further develop its existing range and at the same time diversify Indias export basket of Sports goods and toys. Exports of this sector as recorded by the Council reached a new high of Rs. 395.11 crores ($ 87.94 million) recording a growth of 18% in dollar terms.

The highest item of export was inflatable Balls which maintained its last years contribution to account for 38% of Indias export of sports goods. It was heartening to note that the export of inflatable balls recorded a bobust growth of 20%. The top five items of sports goods following Inflatable Balls, namely Protective Equipment for Cricket, Cricket Balls, Boxing Equipment and Hammocks together accounted for 68% of sports goods and toys exports.

The top five destinations of exports were U.K., Australia, United States, Germany and Italy which together accounted for 70% of Indias export of sports goods and toys during 2004-05. Amongst these top five destinations, the largest increase in exports from India was recorded in Italy by 46.2% followed by USA and Australia by 16%.

Introduction to Sports Marketing Strategies

Strategies:-

After 1947 till early 1960s, Indian company paid attention to International Trade of they could pick up some extra sales through export. This was though enough , but the home market was considered much safer. Today the situation was much safer. Today the situation is much different. The home market is no longer rich in opportunities for Indian Business man. Various foreign firms are aggressively entering in the other countries with their products and these firms have also entered Indian market offering high quality products. Export markets have become much attractive in view of de-valuation announced by the Indian governments on 4th July 1991. The fact is that India has been loosing its overall position in International Trade. It is running large trade deficient. Every country in the world is trying to get its business internationalized or at least to start with exports. Many countries subsidized their companies by granting preferential land and energy cost and the even supply out right cash so that they can charge lower price than their competitors. Export marketing is of great importance to Indian business. It is the duty of exporters to support the economic development of our company. One should try to sell the portion of their products abroad. The potential exporters must learn how to make start and how to make export customers. He must also understand the terms used in the international trade.

Deciding on the Export Marketing MixFinally, the exports must determine how it is going to serve the international market i.e. what methods or systems should be used to get needed into the hands of consumer in the foreign countries. The basic marketing export marketing mix decision will include planning & strategy, channel of distributions & price. Competitors that operate in one or more foreign markets must decide how much to adopt their marketing mix to local competition. At one extreme are compares that use standardized marketing mix worldwide. Standardization of the partys advertising distribution channels and other elements of the marketing mix promises the lowest cost.

No major changes have been introduced. At the other extreme is the idea of customer marketing mix where producer adjusts the marketing mix elements to each target market and more cost but hoping for larger market and return .

In the context of international development, the whole concept of marketing undergone a revolution & today marketing is more a science based on precise and methodology rather than on mere experience and intuition. The essence of International Trade id viewing products and services from customers at right place, at right time and at right price. A marketer, wishing to expand the scope of his market beyond the national boundaries have got to take into consideration their varying elements.

The variation within and between nation of economic, political, legal cultural and business factors require the international marketer to proceed extremely carefully in deciding the export marketing mix. The elements of the marketing mix can be broken down as per the product mix, pricing the product, the perishable channels of distribution and planning promotion strategy. The decision regarding the method , the system used to get needed products into the hands of consumers in foreign countries can be called the basic marketing mix decisions and includes planning and strategy with regard to products, promotion and channels of distribution and price.

Thus it cab be concluded the basic ingredients of the market are product, promotion and distribution. The basic objective of this project is to study the various market strategies adopted by various by various exporters of sports goods industry.

Presentation and Analysis

For the purpose of analysis of data, the information has been collected from the primary as well as secondary basis. In the primary sources a questionnaire has been used coupled with the personal interview of the exporters and the secondary sources of data has been collected by the way of the information from various reports and journals.

Statement.1:- To Know about the current status of exporters.

To fulfill the objectives of the study of the export marketing strategy followed by the sports goods exporters of Jalandhar , the questionnaire was on the basis of which the data was analyze and interpreted.

Following the first objective of the study, the first question has been formulated asked to the respondent i.e. about the status of the exporters, whether they export trading, home or they are independent manufacturers and in answering to this question, all the exporters are independent manufacturers as well as exporters also. The major reason of being manufacturer as well as exporter is that they are in this business from very long time and also manufacturing and then exporting id more profitable than export trading manufacturers. They serve local Indian market as well as foreign market also and moreover the profit margin is more in manufacturing than just export trading only.

Statement 2. To Know the various sources of supply.

Answering this question 100% of the exporters and manufacturers get their supplies from the local sources as well as outsiders also. For example cricket bats and hockey sticks manufacturers, they need high quality wood for manufacturing these items so they get their wood from state of Jammu & Kashmir and Himachal Pradesh. The manufacturers of leather based sports goods, they purchase leather from locally as well as from other states like U.P and for rubber based items they purchase the raw material from the local market and also from outsider sources.

Statement 3:- Find various categories of sports goods that are being exported & also their direction.

The 3rd question is what are the various items that are being exported from India. From all the information and the data collected it is clear that one exporter of the sports goods is not exporting one category of sports goods.

Table No.1

Table Showing categories of sports goods to be exported:-

Categories

%age

Wood based

29.10

Leather based

26.80

Metal based

09.00

Rubber based

03.80

Plastic based

00.70

Fiber based

03.80

Textile based

04.50

Graph Showing categories of sports goods to be exported

Graph No.1

Interpretation:-

From the given chart it is clear that what are the various sports goods which are being exported by these exporters of the sports goods industry of Jalandhar. One exporter indulge in more than one product. For example One exporter is exporting wooden based products like cricket bats, hockey sticks or table tennis , Bat sets and the same exporter exports leather based products like boxing gloves, leather balls, leather footballs etc and also the same exporter exports rubber based items like all types of inflatable balls. So from information collected we come to know that out of 100% of the exporters, there are 29% of the exporters who exports wooden based products. These wooden based products include cricket bats, hockey sticks, table tennis balls, caram boards etc.

Exporting Countries:- U.K., South Africa, Australia, Kenya, Canada, Germany.

Leather based Items:-

Again out of these exporters 26.8% of the exporters involve in the leather based sports goods which included various products first come the primary products like leather football, volleyball, rugby ball, softball, cricket ball, boxing gloves, pads, protective of legs deist, foot, face, and hands etc. there products are namely manufactured in Jalandhar city and in Merrut also.

Exporting Countries:-

U.K., USA, Canada, Germany, Kenya, south Africa, Holland, France etc.

Metal Based Products:-

Indian products goods industry is using metal as the fabrication of equipment Eg: Aluminum buckets with steel shafts, brack & feed equipment like throwing hand handover, putting shaft etc.

Countries to Export:- South Africa, Australia, Malaysia, Sri Lanka

Rubber based products:-

Include rubber based products, sports grips, tennis balls, play balls, basket balls, rubber based football etc. the share of these exports are very high in the total export of sports goods.

Countries to Export:- USA, Malaysia, UK, France etc.

Plastic based Products:-

The Major products included are the various types of protective equipment which are namely used in the game of hockey, football, cricket. These equipments include leg guard, leg-pads, arm guard, sports helmet. Hence very few exporters of these products to the foreign market.

Countries to Export:- European Union, Australia, USA, Canada etc.

Textile based products:-

Textile based products are specially made for the purpose of playing sports games in which sports person feel comfortable while playing. So sports wear is also become a good opportunity for exporter to export textile based products.

Countries to Export: Australia, Canada, Germany France etc.

Statement 4:- To Know the various modes of entering to foreign market.

Table showing various modes of entering to foreign market.

S.No.Modes%

1.Direct Export38

2.Contract Manufacturing0

3.Licencing0

4.Foreign Manufacturing0

5.Piggy Back0

6.Selling to Visiting Agent12

7.Joint Ventures0

8.Selling through export house16

9.Selling through trading company34

Graph Showing the Various Modes of Entering to Foreign Market

Graph No.2

Interpretation:-As far as the modes of entry of the exporters to the foreign market. There are many ways through which an exporter can enter to the foreign market like direct exports, foreign manufacturing, contract manufacturing, licensing, Peggy back, selling to visiting agent, Joint Ventures, Letting through export house, letting through trading company etc. entering into the foreign market is one of the completed lash which requires a lot of finance we well as complex documentation procedure. For the study of export market of sports goods, the exporter mainly followed three ways to enter into the foreign market. Here are direct export through export house & through trading companies. Here are few exporters who followed the mode of letting to visiting agent.

From the data collected through the survey of the market there are 38% of export who entered the foreign market through direct export only. Few follow other means of export also to sell it in the foreign market etc through export house as well as through trading company, selling through visiting agents. There are 34.6% of the exports entered onto the foreign market by selling to the visiting agents. The above information showed that exporters who sell through direct export, they followed the other means of export also, not a singled way of exporting because the that various countries have different types of rules and regulations, different export-import policies. So the exporter have to follow the norms of the country to whom they are exporting. That is why the exporter follow different modes of exporting goods to different countries.

Statement 5:- To know what are promotional strategies followed by exporters.

Table showing promotional strategies to promote products internationally.

Promoting the products52%

Not promoting the products48%

Graph Showing the promotional strategies to promote products internationally.Graph No.3

Interpretation:-The major marketing strategy which is the important part of any kind of business is promoting of the products. Promotion is the major and most important part of marketing strategies because it makes the product aware in the market by means of advertising, sales promotion, personal selling etc. In case of international trade, promotion mix is very much differentiated from what we use in local or domestic market, because in the International trade products is to be promoted in the international market and the market of one country is very much different from other countries Because of cultural differentiation demographic structure, income pattern etc.

The data collected of exporters of sports goods industry of Jalandhar: The export houses are small & financially weak. so they are unable to promote their products in the foreign market because of the reasons that promoting of the products Internationally requires a large amount of financial resources. The other reasons is that the exporters do not export the sports goods on the brand name of their own. They sell their products on the buyers brand name & specifications. Advertising through internet is the latest concept in the promotion of the products world wide. There are few exporters who have their own websites.

Statement 6:- To find the pricing policies followed by sports goods exporters.

Table Showing the %age of the Pricing Policy of exporters:-

S.No.Pricing Policy%

1. Competitive Pricing32.40

2. Perceived Value00.00

3. Mark-up Pricing00.00

4. Value Pricing07.20

5. Marginal Pricing00.00

6. Going rate34.20

7. Target Return Policy26.20

Graph Showing the Pricing Policy followed by the Sports Goods Exporters:-Graph No.4Interpretation:-Next strategy is pricing that what kind of pricing policy is followed by the exporter. The pricing policy internationally followed includes competition pricing, perceived value pricing, mark-up pricing, going rate pricing, target pricing and others. The pricing based on the deals , orders & agreements made between exporter & buyer is the major form of pricing policy followed by exporters. It is the competition prevailing in the pricing policy, where the product sold internationally, the exporter have to fix up price based on the size of order, quality of the product & agreement between exporter and importer.

Statement 7:- To know the distribution strategies followed by the exporters.

Table Showing the Distribution Strategies followed by the exporters.

Export Mgt Co.Direct Modes of Distribution

Export Agent

Buying Agent11.10

88.90

Buy

Graph Showing the Distribution Strategies followed by the exporters:-

Graph No.5

.Table showing indirect methods of distribution:-

S.No.Modes%

1.Foreign retailers52.40

2.Tracking46.40

3.Foreign Distributors1.20

4.Users0.00

5.Others0.00

Graph Showing the Indirect Modes of Entering the Following Market:-

Graph No.6

Interpretation:-The last strategy that is followed by exporters is distribution policy. The distribution process followed are of two types in the international business. These are direct channel and indirect channels of distribution.

The direct channels of export includes:-

Foreign dealers

Trading Company

Foreign distribution

End Users

The Indirect channel of distribution includes:-

Export Agent

Export Management Company

Buying Agencies

Export Broker

Trading Company

Most of the exporters of sports goods industry followed both direct as well as indirect channel. In the direct channels 98% of the exporters also followed indirect channel of distribution.

In the direct channels of distribution 52.4% of the exporters followed the policy of distribution of foreign retailer and 46.4% of these same exporters follow the distribution through the trading company & in case of indirect channel only 11.1% of the exporters but 88.9% of the exporter use indirect channels. They use distribution through the buying agents.

Statement 8:- To find the problems faced in exports of sports goods.

Table showing Problem of exporting Sports Goods:-

S.No.Problem%

1Procuring Raw Material28.30

2.Documentation problem3.60

3.Unfavourable Govt. Policies23.90

4.Distribution Problem18.80

5.Competition to Foreign High Quality Products28.80

6.Others0.00

Graph Showing the problems Faced by the exporters:-

Graph No.7

Interpretation:- Problems faced by the exporters:- The next part of the data analysis & interpretation of the study in its major problem faced by the exporters of the sports goods. So as per as the problem of the exporters of the sports goods. They face many problems like financial constraints , infrastructural development, quality, , raw material etc, but the major problem faced by the exporters are:-

a) Procurement of raw material.

b) Documentation problem.

c) Unfavorable Govt Policies.

d) Distribution problem.

e) Competition to high quality foreign products.

These problems are mainly faced by the exporters of the sports goods. All the exporters of the sports goods industry are independent. The exporter of the wooden based items faced the big problem in procuring crane wood. Because they buy the wod from the State of Jammu & Kashmir & from Himachal Pradesh. Both states have their limit of selling wood to the other states so its not easy for the manufactures & exporters of sports goods to procure the raw wood from these states.

For the leather goods exporters again there is problem of procuring the new leather. They purchase most of the leather from the Uttar Pradesh & there are mainly the problem of transportation, documentation, corruption etc. also the quality of leather is the main contribution while purchasing the raw material. Out of the total respondent there are 28.8% of the exporters agree that they face problems in procuring raw material.

Same is the case with other types of raw material by the exporters. They face problems in procurement of the other raw materials also. The second problem is the documentation problem which is a big problem. Every exporter have their professional expertise who are efficient in handling the documentation procedure of the exporters. They know the overall documentation procedure of exporting sports goods. So maximum of the exporters do not face much problems in export documentation. The percentage of the exporters who face documentation problem is 3.6% only. The documentation problem mainly arises to the countries like France, Italy, Germany, Spain etc as the different languages used in these countries.

The next problem is the unfavorable Govt. policies. Most of the exporters are not satisfied with Govt. policies towards the export industry of its sports goods of India. Like the sports industry is not subsidized by the Govt. nor Govt is providing any kind of tax rebate. The policy of the Govt. not much favourable to these exporters of the sports goods. Thus the overall 23.9% of the exporters are dissatisfied with Govt. Policies towards sports industry. Thereafter the major problem of exporters is the distribution of the products in the foreign market which is faced by the exporters of the sports goods industry. This problem arise due to various reasons, First is financial constraints. Because the exporters do not have high financial resources with them to establish their own distribution network in the foreign market. Secondly is the lack of knowledge of the foreign market, of this reason the exporters unable to set-up their own business in the foreign market. There are 35.2% of the exporters who face the problems of distribution of the products in the foreign market. There are many other reasons also regarding the problems of distribution of the sports goods.

The last problem faced by the exporters is the High Competition with the high quality sports goods of the other countries like Indian exporters faced extent competition with Chinese goods. The Chinese products is of very high quality and labour in china is also very cheap which leads to low cost of production that ultimately lead to low price of products in the international market. As a result Indian exporters find themselves hard to stand in front of them.

Statement 9: Know the threats and opportunities for exporters of sports goods industry.

The next part of the study is related with threats & opportunities procedures to the sports goods industry. The major threat for sports industry is the competition that the exporters facing with high quality sports by the other countries the is India hers opened for other foreign manufacturers and its exporters. Not only reserve the foreign market but also sell their in Indian market. The major threat to Indian Industry is from Chinese products.

The opportunity available for the Indian exporters is that new doors are opened for the Indian to enter new market of the world. Now, Indians exporters can easily enter into foreign market because of WTO Agreement between various countries.

Statement No. 10:- Role of Govt in boosting export of goods from India:-

Here comes the role of Govt. in boosting the export industry of India. The Govt. providing much help to exporters but until there are some of the contributions which is made by the Govt. to boost the export of sports goods from India to other countries. Govt. is providing duty draw back to the exporters and also Govt. of India & Ministry of Commerce has established sports goods export promotion council of India. Its sole purpose to increase the export of sports goods from India.

History of the Industry

Sports industry originated in India in the year 1889 at Sialkot (now in Pakistan). The emergence of sports goods industry is very interesting. Before independence, British officers recruited in India used to entertain themselves with sports like hockey, Tennis, Cricket and once the Tennis Racket of British Army Officer required some repair so he called Mr. Ganda Singh Oberoi, a clerk in the army to call some local artisans to repair his rackets. This racket was repaired well. Thus Mr Oberoi found a vision to start sports Industry in India. As India has always been proud of its skilled artisans, so the labour force was not a big problem.

The Industry suffered a great set back in the wake of countrys partition into India / Pakistan in the year 1947. This industry was re-established after the partition of India. Its centre then spread over Jalandhar, Meerut and Batala.

Benefits to Exporters through Exporting

A much bigger area of market, so that the exporter may be less dependent upon the tastes and the preferences of one particular country.

With Global market the exporter is much less likely to be

effected by the business cycles and political instability of a

particular country.

A good network of market implies that if a competitor capture

one market, only a position of his sales are likely to be effected.

Exports help in developing domestic trade, domestic consumers

are inclined to have more faith in products which they know are selling abroad. Export creates a goodwill in the eyes of the customer.

CONCLUSION

In overall study of export marketing strategies followed by the sports goods exporters we come to the following conclusion: -

Whole industry of sports goods exporters of Jalandhar, i.e all exporters are the independent manufacture of sports goods as they buy the products from the local manufacture to sell the same to the foreign market.

All the sources of procuring raw material is from the local market as well as outsides sources.

In composition of the sports goods being exported to various countries, the major exports include, wood based product , like cricket bats, hockey sticks . etc. leather based products like : cricket balls, hockey balls, boxing gloves equipments , leather footballs rugby balls etc. rubber based product & all types of inflatable balls rubber bladders etc. There is very less percentage of metal based products of textile based products in the compositions of sports goods exports.

The direction of sports goods of Indian sports goods industry is mainly to the developed countries like UK, USA, Australia, South Africa, France, Germany, Canada etc. and some of the exports to developing countries like Srilanka, Malaysia etc.

The modes of exporting sports goods by the Indian exporters are mainly direct exports, selling to visiting agents through export house of trading companies.

In exporting sports goods the percentage of exporters who promote their products in the foreign market is not much higher. There are approximately 50% of the exporters who believe in promoting the products in the foreign market. These exporters are using the limited means of promoting the products internationally. They are attending national level as well as international trade fairs & by other means of advertisement through internet etc.

Pricing policies followed by the sports goods exporters are competitive pricing, going rate pricing & pricing based on the negotiations between the exporters and importers.

Methods used for distribution of the products is of 2 types : Direct Methods & Indirect Methods Maximum of the exporters follow the Methods of foreign retailers , distribution through trading company. In the indirect methods of distribution the exporters follow mainly distribution through buying agents.

The major problems faced by the sports goods exporters are procurement of raw materials unfavorable, Govt policies & competition with high quality foreign products.

The threats for the exporters is the competition from high quality sports goods by foreign manufacturer. The Major opportunity available for these exporters is that new doors have opened for the Indian exporters to enter to the new markets of the world.

SUGGESTIONS

Recommendations:

In the study of project export marketing strategies followed by the sports goods industry , there are many start comings which prevail in sports goods industry for which following are the suggestions given :

1. Govt. role in exporting sports goods is satisfactory. So gout should need to help more to exporters by providing financial help to them in form of credit or in form of subsidies.

2. Exporters faced a lot of problems in procuring row materials from other states like procuring wood from other states. Therefore, state Govt. should make policies that reduces the problem in procuring raw material for manufacturer of sports goods.

3. Indian sports goods are facing competition with high quality sports goods

by the foreign manufacturer . So , Indian sports goods manufacturer

should give more emphasis to manufacture high quality products. So that

they can complete in the International market.

Chi - Square test

Null hypothesis is that there is no relationship between promotional activities of the problems faced by the exporters.

Promotional Activities

Options ABCDETOTAL

A9680831

B101060228

C12200021

D61107017

E210003

Total393014710100

OEO E (O E )2(O E )2/EO-E-0.5(O E 0 . 5)2(O E 0 . 5)2 / E

912.09-3.099.550.79

69.3-3.310.891.77

84.343.6613.393.09

02.17-2.174.71-2.677.133.29

83.14.924.017.75

1010.9-0.920.850.07

108.41.62.560.3

63.922.084.331.1

01.96-1.963.84-2.466.053.09

22.8-0.80.64-1.31.690.6

128.193.8114.521.77

26.3-4.318.49-4.823.043.65

02.94-2.948.64-3.4411.834.02

71.475.5330.5820.8

02-1-2.14.41-2.66.763.22

66.63-0.630.390.06

115.15.934.816.83

02.38-2.385.66-2.888.293.48

01.19-1.191.42-1.692.862.4

01.7-1.72.89-2.24.842.85

21.170.830.690.330.110.09

10.90.10.01-0.440.160.18

00.42-0.420.18-0.920.852.02

00.21-0.210.04-0.710.52.38

00.3-0.30.09-0.80.642.13

Total43.7333.4

= 43 . 73 + 33 . 4 = 77 . 13

Degree of freedom = No. of Rows 1* (No. of Columns 1 )

= 5 1 * 5 1 = 16

Now the value table at 5% level at 16 degree of freedom = 26.3

Table value at 5% level is less than above calculated Chi Square Value . This proves that there exists a significant relationship between two elements.

Null hypothesis hence rejected.

Questionnaire

1).Type of Export House (Please tick)

a) Export Trading House

____

b) Independent Manufacturer

____

2.) What are the various categories of sports goods that you are exporting.

Wood based items

.

Leather based items

.

Metal based items

.

Rubber based items

.

Plastic based items

.

Fibre cork based items

.

Textile based Items

.

Q3.What are the major countries to whom you are exporting the sports

goods? Please mention.

a) d)

b) e)

c) f)

Q4.What are the different modes of entry you follow to enter the foreign

market?

a) Direct exporting

( )

b) Licensing

( )

c) Letting through export house

( )

d) Letting through trading Company

( )

e) Contract Manufacturing

( )

f) Setting through Visiting agents

( )

h) Through interact like

( )

Q5.Is your Company promoting the product in the foreign market?

Yes( )

No ( )

Q6.Is yes, then, what are the various promotional tools that you are

Following?

a) Advertising on the Net

( )

b) Attending International trade fairs

( )

c) Personal Selling

( )

d) Sales promotion activities

( )

e) Others

( )

Q7.What kind of pricing policy that you are following?

a) Competitive pricing

( )

b) Growing rate policy

( )

c) Mark Pricing

( )

d) Perceived value pricing

( )

e) Target return policy

( )

f) Others

( )

Q8. What are the different channels of distribution that you are following:-

Direct

Indirect

Foreign Retailer

( )

Export Agent

( )

Trading Company

( )

Export Mgt. & Co. ( )

Foreign Distribution( )

Buying Agent

( )

Others

( )

Export broker

( )

Others

( )

Q9.What are the major problems faced by you in exporting sports goods?

a) Procurement of raw material

( )

b) Documentation Problem

( )

c) Unfavourable Govt. Policies

( )

d) Competition to High Quality Foreign Products

( )

e) Distribution Problem

( )

f) Others

( )

Q10.What are the various threats and opportunities prevailing in the sports

goods industry?

________________________________________________________

Q11.How Govt. help to boost the export of sports goods from India?

________________________________________________________

________________________________________________________

Q12.Name of the Company / Trading House:-

________________________________________________________

Foreign Trade Policy 2004-2009Highlights of the Annual SupplementExport Promotion Capital Goods Scheme

1. To promote capacity expansion and quality up gradation in the SSI sector, import of capital goods at 5% Customs duty shall now be allowed subject to the fulfillment of an export obligation equivalent to 6 times the duty save on capital goods imported under the EPCG Scheme over a period of 8 years. (At present the export obligation under the EPCG Scheme is 8 times the duty saved and reducing the export obligation for small manufacturing units to 6 times shall provide an impetus to industries to modernize their plant and machinery which will enhance our overall export competitiveness in the medium term)

2. With a view to accelerate exports under the Scheme and to incentivise fast track companies, firms making 75% or more of the exports under the EPCG Scheme (including average level of exports) in half or less than half the original export obligation period , shall be freed from the balance export obligation.

3. The present requirement of submitting an Installation Certificate for machinery imported under EPCG Scheme will now not be required for units which are not registered with Central Excise. In lieu of a Central Excise Certificate, a Chartered Engineer Certificate will now suffice. Firms importing spares under EPCG shall also be required to submit a chartered Engineer certificate only instead of a certificate from Central Excise authorities.

4. The facility of clubbing of EPCG licenses has been further liberalized and restrictive conditions relating to same licensing year and same products / services have been deleted. Henceforth, all EPCG licenses issued under the same Customs Notification can be clubbed. This will considerable reduce paperwork both for the exporter and the licensing authorities and lead to easier monitoring.

5. Reducing congestion at the Major ports. The facility for export obligation discharge in rupee payment under the EPCG scheme has been extended to the minor ports, ICDs and CFS also.

ADVANCE LICENSING SCHEME

1. The scope of Advance Licence for Annual requirement has been extended to all categories of exporters having past export performance. Earlier, the option was limited to Status Holders only. The earlier limit of obtaining advance Licence for Annual requirement has also been enhanced to 300% of FOB/FOR value of exports made in the pervious year from 200% .

2. Transfer on Duty Free material imported or procured under Advance Licence from one unit of the company to another unit of the same company to be allowed with prior intimation to the jurisdictional central excise authority. Earlier prior permission of the jurisdictional central excise authority was required .

EXPORT ORIENTED UNITS

a) Duty free spares up to 5% of the value of capital goods imported for excavation purposes in the Granite sector will be allowed to be removed to the quarries.

b) The de-bonding procedure for EOUs has been simplified. A self assessment procedure along with time bound disposal of applications of such exiting EOUS will be put in place.

c) Capital Goods will be allowed to be transferred or given on loan basis to

other units under intimation to both Excise and Development

Commissioner.d) Transfer of samples to other EOUs on returnable basis within a period of 30 days to be allowed.

e) EOUs to be permitted to claim IT exemption in respect of income on

export proceeds realized within a period of 12 months from date of

export.

TARGET PLUS SCHEME

The Target Plus Scheme aimed at rewarding incremental exports would continue in the year 2005-06 with such modifications as will be notified, separately for preventing misuse, if any.

INTER STATE TRADE COUNCIL

Formulation of Inter State Trade Council to engage the State Governments in providing an enabling environment of promotion of international trade.

PROCEDURAL SIMPLIFICATION & REDUCTION OF TRANSACTION COSTS

A committee to look into procedural simplification and reduction of transaction costs was set up under the Chairmanship of Director General of Foreign Trade. The Committee has submitted its report and some of the key recommendations made are:

a. Internal process re-engineering to enable greater delegation and simplification of forms and documents.

b. EDI linkage of all community trade partners like DGFT, Customs, Bank, Export Promotion Councils etc. to facilitate web-based filing, retrieval, and verification of documents.

c. A fast track mechanism for clearances, examination, testing, quarantine, packaging etc. to be set up by all agencies to facilitate import / export of perishable cargo.

d. Laying down time limits for giving approvals /s sanctions for different import and export activities by different import and export activities by different agencies to ensure a transparent system of working in Government Departments and ensure continuous improvement in quality of services rendered.

As a first step towards this exercise, the DGFT has devised a single common application form called Aayaat Niryaat Form. This 50 page set of forms, as against the 120 page set currently in existence, provides availability of information on DGFT related documentation at a single place and has a web interface for on line filing by the exporter and retrieval of documents by the licensing authorities.

Highest Export Awards1. Mayor & Co. Jalandhar

Highest Export .

2. Soccer International Ltd. Jalandhar

IIND Highest Export.

3. Sanspareils Greenlands Pvt .Ltd. Meerut

IIIND Highest Export.

Outstanding Export Awards1. Mayor & Co. Jalandhar

Inflatable Balls.

2. Inca Hammock Manufacturing & Export (P) Ltd.,ChennaiHammocks.

3. Sanspareils Greenlands Pvt . Ltd Meerut

Protective Equipment

For Cricket .

4. Sanspareils Greenlands Pvt. Ltd. Meerut

Cricket Bats.

5. Mayor International Ltd. Gurgaon,

Golf Balls.

6. Leisure Export Worldwide, Jalandhar

Boxing Equipment.

7. Bhalla International , Meerut

Athletic Goods.

8. Garware wall Ropes Ltd. Pune

Nets .

9. Soccer International Ltd. Jalandhar

Protective

Equipment for Inflatable Ball Sports.

10. Rainbow Exports, Kolkata

Fishing Equipment.

11. National Sports, Meerut

Inflatable Ball

Accessories.

12. Enkay (India) Rubber Co. Pvt. Ltd. , Delhi

Bladders.

13. Girdhari Lal Chopra (Agents ) Pvt. Ltd., Amritsar Chessmen & Chess Boards.

14. R.K. International , Jalandhar

Hockey Sticks.

15. Stag International, Meerut

Table Tennis Accessories.

16. Funtime Innovations Pvt. Ltd.

Magic Games.

17. Stag International Meerut

Table Tennis Tables.

18. Frank Educational Aids Pvt. Ltd. , Noida

Puzzles.

Export Excellence Awards

1. Inca Hammock Manufacturing & Export (P) Ltd. Chennai

2. Sakay Traders, Jalandhar

3. Savi International , Jalandhar

4. F.C. Sondhi & Co. (India) Pvt. Ltd., Jalandhar

5. Sports Syndicate, Jalandhar

6. Mayor International Ltd. Gurgaon

7. Spartan Sports Industries, Jalandhar

8. Sarve Parkash & Co. , Jalandhar

9. Leisure Export Worldwide, Jalandhar

10. Hans Raj Mahajan & Sons , Jalandhar

11. Sareen Sports Industries., Meerut

12. Stag International., Meerut

13. Wasan Exports, Jalandhar

14. Rattan Brothers, Jalandhar

15. Bhalla International Meerut

16. Cosco (India) Limited., Delhi

17. Worldwide Cricket Company Pvt. Ltd., Jalandhar

18. Gujral Industries., Meerut

19. Sharma Exports, Jalandhar

20. Wintex Exports, Jalandhar

21. Garware- wall Ropes Ltd., Pune

22. Bhaizada & Son., Jalandhar

23. Rainbow Exports, Kolkata

24. National Sports, Meerut

25. Beat All Sports, Jalandhar

26. Brightway Exports International , Jalandhar

27. R.K. International, Jalandhar

28. Kamal Brothers, Jalandhar

29. International Legguard Works, Jalandhar

30. Enkay (India) Rubber Co. Pvt. Ltd. , Delhi

31. Ranson Sports Industry (Regd.) , Jalandhar

32. Universal Sports Industries, Jalandhar

33. Maxwel Exporters, Meerut

34. Ceela International, Jalandhar

35. Anand Track & Field Equipment Pvt. Ltd. Meerut

36. Ishar Dass Mahajan & Sons, Jalandhar

37. Girdhari Lal Chopra (Agents) Pvt. Ltd. Amritsar

38. Funtime Innovations Pct. Ltd. Kolkata

39. Sports Land Overseas Pvt. Ltd, Meerut

40. Archie International, Jalandhar

41. Premier Enterprises , Meerut

42. R.K. Mahajan Exports , Jalandhar

43. Chadha Sports, Jalandhar

44. Uma International , Jalandhar

45. Frank Educational Aids Pvt. Ltd. Noida

46. Avran Exports, Jalandhar

47. Nelco (India) Pvt. Ltd. Meerut

48. Delux Sports Co. Batala

49. Deal International Pvt. Ltd. Jalandhar

50. Vithal Overseas, Jalandhar

Indian Brand Promotion Awards

Company

Brand

1. Stag International, Meerut

STAG

2. Bhalla Interantional ,Meerut

VINEX

3. Ekay (India) Rubber Co. Pvt. Ltd., Delhi

ENKAY

BIBLOGRAPHY Varshney, R.L. & Bhattacharya , International Marketing Management on Indian perspective , Sultan Chand & Sons

B.S. Rathor & J.S. Rathore, Export Marketing, Himalaya Publishing House

International Marketing by S.C. Jin

www.sgepc.org www.sportsgoodsindia.org www.mayorworld.com www.rattanbrothers.com www.indiamart.com/sports-syndicate www.soccerinternational.com www.fcsondhi&co.com EMBED Excel.Sheet.8

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_1207621203.xlsChart1

0.52

0.48

Sheet1

Promoting the products52%

Not promoting the products48%

Sheet1

0

0

Sheet2

Sheet3

_1207621702.xlsChart3

32.4

0

0

7.2

0

34.2

26.2

%

Sheet1

S.No.Pricing Policy%

1Competitive Pricing32.4

2Perceived Value0

3Mark-up Pricing0

4Value Pricing7.2

5Marginal Pricing0

6Goeng34.2

7Target Return Policy26.2

Sheet1

0

0

0

0

0

0

0

%

Sheet2

Sheet3

_1207622387.xlsChart1

52.4

46.4

1.2

0

0

Sheet1

1Foreign retailers52.4

2Tracking46.4

3Foreign Distributors1.2

4Users0

5Others0

Sheet1

0

0

0

0

0

Sheet2

Sheet3

_1207620995.xlsChart3

38

0

0

0

0

12

0

16

34

%

Sheet1

S.No.Modes%

1Direct Export38

2Contract Manufacturing0

3Licencing0

4Foreign Manufacturing0

5Piggy Back0

6Selling to Visiting Agent12

7Joint Ventures0

8Selling through export house16

9Letting through trading company34

Sheet1

0

0

0

0

0

0

0

0

0

%

Sheet2

Sheet3

_1206725443.xlsChart4

28.3

3.6

23.9

18.8

28.8

0

Sheet1

Procuring Raw Material28.3

Documentation problem3.6

Unfavourable Govt. Policies23.9

Distribution Problem18.8

Competition to Foreign High Quality Products28.8

Others0

Sheet1

Sheet2

Sheet3