The Dollar Business - May 2017

In this issue

DESPITE HAVING INITIATED THE LARGEST NUMBER OF ANTI-DUMPING
MEASURES AMONGST ALL WTO MEMBERS, CRITICS CLAIM THAT THE INDIAN ECONOMY HAS NOT BENEFITTED FROM THE MEASURES. IS INDIA’S ANTI-DUMPING POLICY STRUCTURALLY FLAWED? OR SHOULD A COURSE-CORRECTION BE ADOPTED AT THE EARLIEST?

Boon Or Bane?

India holds the distinction of initiating the largest number of anti-dumping cases amongst all WTO members. Under WTO regulations, anti-dumping measures are usually taken to protect the domestic industry. However, critics argue that India has been mostly interpreting and applying the law to protect vested interests and negate competition. And that by initiating an ever-increasing number of anti-dumping cases, the country is hurting its downstream industries and in turn competitiveness. Is it time to review and fine-tune India’s approach towards anti-dumping measures?

10+ mins

FIPA Will Boost Canadian Investment In India

Canada’s economic and trade relations with India are expanding at a never-seen-before pace. And Canada’s Minister of International Trade François-Philippe Champagne was in India recently with an agenda to strengthen ties further. The Dollar Business caught up with him to understand how the two nations plan to intensify and boost bilateral trade.

5 mins

Profits On Your Palms!

India is the world’s biggest importer of palm oil. Interestingly, over the last one year, while imports of crude palm oil has been on a decline, that of refined palm oil has been rising sharply. Export taxes by major producers like Indonesia and Malaysia have a lot to do with this anomaly as does India’s custom duties. Is this the right time to jump into imports of RBD Pamolein? The Dollar Business examines.

8 mins

Acquisitions Have Fuelled Our Growth

Wockhardt is a true Indian pharmaceutical multinational with full-fledged operations in several countries, including US, UK, Ireland and France. In an exclusive interaction with The Dollar Business, Dr. Murtaza Khorakiwala, Managing Director of Wockhardt Group, talks about the company’s innovative business models that are in motion to make the most of emerging opportunities across the globe.

5 mins

Romantic Appeal Or Business Charm?

Despite tough competition from China, India’s candle exports have been rising at a fast pace. The credit for this, to an extent, goes to high anti-dumping duties that have been imposed on China-made candles in US and EU. The Dollar Business explores the ways to catapult India into the big league of global candle trade by countering price wars and focussing on a diversified product basket.

9 mins

Steel Industry Is On An Expansion Mode

India’s steel industry today faces challenging market conditions arising out of a global steel glut. In an freewheeling interaction with The Dollar Business, Chaudhary Birender Singh, Union Minister of Steel, GoI, talks at length about the government’s initiatives and plans to overcome global challenges while fueling growth and enhancing competitiveness of Indian steel industry.

5 mins

We're Deepening Our Engagement With India

UK seems to be getting ready for a trade deal-signing spree as it looks to a future beyond EU. In a freewheeling interaction with The Dollar Business, Kevin McCole, COO, UK India Business Council (UKIBC), explains why a comprehensive UK-India bilateral economic agreement must not wait for the Brexit dust to settle.

5 mins

China Is A Focus Market For Us!

For more than three decades now, Carpet Export Promotion Council (CEPC) has been instrumental in connecting Indian carpet exporters with overseas buyers. ‘Rugs of India’, a brand promoted by CEPC, today, defines India’s hand-weaving skills, globally. However, when it comes to exports, even these exotic, traditional rugs need to be branded and marketed well in the face of competition from machine-made products. CEPC Chairman Mahavir Pratap Sharma explains why.

5 mins

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The Dollar Business Magazine Description:

About The Dollar Business
The vision behind ‘The Dollar Business’ is to become the most desired destination of information on foreign trade in the country!
Description
The journey of The Dollar Business™ has wonderfully begun. It belongs to the house of Vimbri Media Pvt. Ltd., a media company headquartered in Hyderabad, India.
The Dollar Business™ is an India-based magazine for India-based exporters and importers – and the so-called, multinational giants – that believe in the magic of trade beyond borders. There are many business magazines in the country that claim to be ‘essential’ reads. They have many-a-claim to fame – usually without much reason or proof, like being number one in India across many dimensions. How uninteresting. The Dollar Business™ doesn’t claim to be number one. It’s the only one in India. And it doesn’t know many dimensions. Just one – global trade!
From an industry that records a turnover of close to 10 times of India’s GDP each year, there is much to be learnt. Actually, there much to earn too! The Dollar Business™ has a focused reach. We don’t cater to the everyday Toms who want to flip pages to catch a glimpse of Marilyn Monroe or read what a novice has heard through the grapevine about some business going bust. Our content isn’t priceless in that respect. Our readers desire serious information that either supports their case or gives them an understanding that can be priced. Our readers are either stakeholders in the business of export-import, or have a keen interest in what this industry has to offer. Like we say, we just know one dimension – global trade, and most definitely, all our readers have a serious interest in both our articles and the advertisers.
To cater to such a focused reader group, we don’t just do with everyday content creators and field reporters who know little about the vast subject of foreign trade. We have content specialists on board who have dealt with foreign trade as a platform for decades.
This expert editorial panel functions pan-India – from the financial capital of India (Mumbai) to the political capital (Delhi), from the Silicon Valley of India (Hyderabad) to the former capital of British India (Kolkata).
In fact, the next time you sit sipping Darjeeling tea, there is a chance that we actually would have a fat-glassed analyst roaming the sloped hills where tender apical tea shoots are being plucked.
His task – to make our reader something more than just a tea-sipper...perhaps to a tea exporter!