Tag: india

World Bank Projects Growth in India

Written By – The Pro QC Quality Assurance Team The World Bank has recently released encouraging figures with regards to India’s projected growth rate for the next two years, expecting 7.3% and 7.5% for 2018 and 2019 respectively. They have further stated the country has ‘enormous growth potential’ compared to the economies of other emerging markets. To put matters in perspective, the GDP of the other BRICS (Brazil, Russia, China and South Africa) countries are projected to grow as follows in 2018: Brazil: 3.0% Russia: 1.7% China: 6.4% South Africa: 1.1% Source: reuters.com India’s projected growth is all the more impressive …

Case Analysis: Reducing Risk in Supply Chain Management (Textiles)

Written By – The Pro QC Quality Assurance Team Our team in India recently presented with the Indo French Chamber of Commerce and discussed a few applicable case studies related to “Reducing Risk in Supply Chain Management.” Daniel Ben-Ezra, Pro QC’s Country Manager in India, provided the following summary highlighting one of the cases presented: Client  – European company that has been in business for +200 years, serving top end clients with their carpets globally. Production of all carpets was being done in India and Nepal. Additional Context – A long term (+32 years) relationship had been there with one of their main …

Panel Discussion: Doing Business in India

Our Country Manager in India, Daniel Ben-Ezra, participated in a panel discussion recently at the Dutch Ambassador’s residence in Delhi. Daniel represented Pro QC and discussed conducting business in India, including the cultural differences between the Netherlands and India. The panel discussion took place in front of a delegation of business people from the Netherlands. As the World Bank notes, India has increased in the ranks for a number of key economic indicators, including starting a business. The current leadership of India is implementing sweeping changes to encourage international business in India, from privatization to the liberalization of trade. A few …

A new Prime Minister for India… Sourcing & manufacturing opportunities expected from positive economic impact

A gentleman from India recently raised a discussion during a class that concerned the newly elected Prime Minister Modi. For many unaware, the recent election in India was considered a “a landslide victory for opposition leader Narendra Modi.” This particular student was drawing the connection regarding the expected economic impact on the region. The media isn’t short on coverage for this international event, but Forbes did indicate two interesting reasons why something like this would move the Sensex index up 4.5%, which was the highest in five years.  It’s expected to continue to increase, and here’s why: 1) Modi’s platform focused …