TRANSFORM MY TEXTILE BUSINESS

FROM LOCAL TO GLOBAL

REYNOLD JOSE
13MG2124
introduction
The international marketplace offers a world
of business opportunities for companies seeking to
sell or source products worldwide. Companies that
do international business grow faster and fail less
often than companies that don't.
The world is getting smaller. Even as the
human population grows, technological advances
make it possible to buy from, sell to and interact
with people around the globe.

Scope of Internatinal Business
to produce commodities which have a
comparative cheaper cost than others.
It results in less cost of production in producting a
commodity.
increases the scope of market because of
domestic demand and foreign demand for the
product.
foreign trade helps a developing country like
India in its economic development.

Good scope for development
of industrial textiles in Indonesia
the rising number of middle class population
among the 240 million Indonesians provides a
good scope for continued export of textile
exports to one of the largest ASEAN economy.
the country imported US$ 41.7 million worth of
cotton and US$ 7.4 million worth of fabrics from
India.
Cotton and cotton fabrics were among the major
products imported by Indonesia during the first
six months of the current year.
How to go global?
Become a student of culture
study about people and their trends.
Meet Owners in Other Markets
talk with management of similar business.
Learn How Your Product or Service is
Consumed Overseas
Adjust products to suit different cultures

Solicit Feedback Online
use of digital universe to collect feedback
Ask Clients About Their Operations
discuss their activities, industry, etc

Thank you