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Canadian Business in India




Dear Friends ... please give me some inputs, thoughts, ideas about following:

1. Which business/industry in Canada is suitable to start its operations in India.

I have some friends/investors in India who wants to get into it and operate if a Canadian venture starts there ...


 
Gurram

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Post ID: 222997 13-06-15 10:09:48
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tamilkuravan
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Gurram :
What kind of capital / areas are we talking about ? What do your friends / investors have expertise on?

We can talk of anything from waste cloth / used cloth to robotics, infrastructure, uranimum, telecom and the like.

Murali

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Post ID: 222999 13-06-15 10:21:19
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adamthorat
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Trade between India and Canada is only 3 billion dollars per year ! Which is negigible considering the size and scope of India..bunch of idiots sitting in the Indo-Canadian chamber of commerce.

Trade between Canada and US is 1 billion dollars a day !!!

Most Canadians are scared of investing in India due to the corruption , rupee volatility , red tape and bureaucracy, rude and arrogant and unethical and dishonest people.

Whatever business venture they will start will be a major flop due to all the above.

You will need hundreds of permissions and licenses and visiting low level corrupt BABUS sitting in customs, income tax offices, gov offices asking for bribes etc before any work gets done in India :(

The quality of work is also not there in India. Work never gets done on time and budget and the quality is also lacking when it comes to India :(

Besides opening some low level call centre in India or a some low level BPO - Business Process Outsourcing industry like some low level service industry , I don't see any business between Canada and India.


 
Last edited by: adamthorat on 13-06-15 11:19:01
Post ID: 223003 13-06-15 11:11:52
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Full House
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Gurram,

Any food and edible products gets the Health and Environmental department into the checks. But if these Manufacturing involves mechanical process and Metals to go with, then, a few required tests and grading will enable you an easy entry into Canada and a lot of re-sellers for the products you bring in.

I remember a few floppy drives that entered here 20 years ago. Now there are a lot of Memory Fabricators who want to get in and do business too.

Alternately, Automotive Products of quality can be Manufactured there and sold in the open market to get entry here.

A small visit to some of the Industrial Nations that Manufacture all of these will certainly help you with the basic knowledge and if some one will collaborate with you, then the process becomes even easier or visit the Local Industries there in India and find out if anyone will provide you the finished products at a price that you want to pay and derive the same gains, till such a time you can do a part of the process there, which is labour intensive, and then pack them here and call it Canadian.

There are a few items that you can explore, which are consumables and see what it calls for when you want to bring them in.

FH.


 
Post ID: 223009 13-06-15 16:08:19
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dhaikin
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Under "Make in India" initiative, Govt has made things a lot easier, & the bureaucracy of previous day's aren't there anymore.


 
Post ID: 223015 14-06-15 04:50:40
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Gurram
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Location: Toronto


Quote:
Originally posted by dhaikin

Under "Make in India" initiative, Govt has made things a lot easier, & the bureaucracy of previous day's aren't there anymore.



Exactly ... that is one of the motivating factor ...

Adamthorat: You are right .. apparently the weather is slowly getting better in few states ( if not all) related to permissions, approvals etc., as per the friends .. I don't know fully ... may be will be knowing once I am into it fully.

FH: Thank you for the inputs.
TK ... about investment / investors expertise. My friends are into hospitality / retail industry ... our personal funds can be invested upto couple of crores. As you know ... funds can be raised in many ways if the project requires and we believe in the project. Skills can always be hired. I am looking for a business / project where some thing can be manufactured in India for the Canada and world markets with Canada label.

So the task is to look into the possibility of manufacturing a canadian product which is being currently being done in China and get similar the product made in India. If we can't find a one, then we need to invent one and do the market study.


 
Post ID: 223016 14-06-15 06:30:56
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AjaxDesi
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Gurram: very good topic for discussion.

Food: People need to eat food to survive. Given the growing interest in healthy food options in India, try getting a Franchise for Subway or Extreme Pita in your home town. with good advertising, you will reap healthy benefits.

Senior care: Old age homes or senior homes like we have in Canada.



 
Post ID: 223017 14-06-15 09:37:59
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adamthorat
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Quote:


I am looking for a business / project where some thing can be manufactured in India for the Canada and world markets with Canada label.

So the task is to look into the possibility of manufacturing a canadian product which is being currently being done in China and get similar the product made in India. If we can't find a one, then we need to invent one and do the market study.



Manufacturing you just can't compete with China as far as cost is concerned. Maybe on quality you can compete, but then the cost will be much higher & NO one will buy your products.

The world has become addicted to cheap Made In China products..China has become the world's factory with slave wages & slave conditions.

Today literally you can't find a single product in NA that's not made in China. :(


 
Post ID: 223018 14-06-15 10:40:51
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tamilkuravan
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Been talking to some people and also reading the local news and I found that one canot beat China's prices and quality for consumer / building materials any day. China is so highly organized. The sad state of affairs in India is that even flooring tiles, Sanitary fitting, LED displays, Furnitures (some which are India's strengths) are cheaper to make in China. Even in our projects we get China's products only.

For example, when we ordered Schindler lifts for our hotel project (German company), the delivery came from China.

India is only famous for Banaras / Kancheepuram silk sarees where the demand in western countries is very less. China is also a leader in textiles (cloth) and so we canot beat them there.

Unfortunately the products are almost nil, what can be done in India for the Canadian market. However the reverse is true. India is starved for Canadian products / materials / Infrastructure/ Technology / Technical know how.

Why donot you contact Canadian Embassy webpages? There do have a trade promotion division.

Murali

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Post ID: 223034 15-06-15 03:05:04
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Delhite
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Online English teaching program which can be managed from Canada and/or India. There is an acute shortage of English teachers in China, who is focusing on language skill for its next generation. After getting supremacy in manufacturing, their next target is service domain so they are after English language skill.

Recently Infosys had a long term contract with China and is going to open its first IT University outside India in China. Infosys is going to provide around 4500 IT faculty members to China on long term basis. It will help India in reducing the trade deficit between India and China for the time being. The University with 4500 faculty will start pumping out tons of IT professionals in the future and I think, India will ultimately loose its supremacy in IT domain. It will be really difficult to compete the China in IT. I feel sorry for the next generation of Indian IT professionals. Infosys is only looking for short term benefit they will get huge profits in the next 5-10 years but what will happened to the whole IT sector in India thereafter they dont care. Instead of outsourcing from India, they will quickly shift to China for low cost so they will increase their profitability. Why China is providing the lucrative offer to Infosys/India because they know that only India can have so many faculty/skills and capability to train a whole generation. In return, China is going to setup massive polluting industries in India which will bring employment, technology, investments and a big time pollution.

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Post ID: 223039 15-06-15 09:40:23
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Contributors:
adamthorat(2)  AjaxDesi(1)  Delhite(1)  dhaikin(1)  Full House(1)  Gurram(2)  san-hugo(1)  
tamilkuravan(2)  
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