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| A Peek Into the World of Business Created By Globalization |
| The increased integration of international economies has created a world where Indian companies have expanded their horizons beyond the national boundaries and operate in multiple countries. Let’s have a look at the various dimensions of globalization in India and how it has affected the everyday conduct of business in the nation. |
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| Up Close and Personal |
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| Over seven seas: Why Indian companies are increasingly going global |
| We see a considerable number of Indian companies like Zoho, Inmobi, Zomato going global and one consistent theme is that the entrepreneurs have some sort of a global stint. Let’s figure out the reasons why these companies go global |
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| 4 factors to consider before going global |
| These are the top factors every business must consider before crossing the national boundaries and internationalizing their brand to gain competitive edge and gain profits, listed by experts. |
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| The Pros & Cons of Going Global With a Business |
| Globalization is certainly tempting for every brand but there are times that it costs more than it has to offer. Therefore, every company must study the pros and cons of internationalization before spreading their wings worldwide. |
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| Quick Reads |
This Desi Brand is Giving Tough Competition to Nike & Puma
It becomes really difficult for new brands to find their feet in a market dominated by hifi brands which are not only established but also loved and caused fetishism in millions already. But Shiv-Naresh had a strong vision and with its top notch quality and affordable pricing, it is ready to bring a revolution in the sports brands globally. |
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From Wiping the Tables to Becoming the Idly King of
World
The story of P. Rajagopal, founder of the famous food outlet “Saravana Bhawan” is sure to sow the seeds of faith in everyone who has lost the battle at the name of destiny. This Idly king of India started at a small restaurant wiping tables and now is a proud owner of one of the best vegetarian food outlets of the world with a presence of 43 outlets just outside India. |
| Read more to know the full story of this small business making big headlines... |
Read more to know about this story, looking like a script straight out of a movie.. |
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| Issue 4 - Volume 4 | April 2017 |
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A Message from the Founder
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We started our journey in the year 2012 with a mission to provide a knowledge sharing platform to SMEs with our roadshow Start-Manage-Expand. 5 Years later, today with pride and felicity, we call it India’s largest integrated |
platform supporting small businesses and Entrepreneurs pan India, through our events and advisory services. SMBConnect has covered a long journey till today and we have planned even a longer one ahead with just one mission in our minds i.e. to connect and empower Indian SMEs and Entrepreneurs and prepare them to grow exponentially, hassle free. We have grown our community extensively with the presence of 30k+ SMEs and have some of the finest mentors on board. Understanding the prominence of digital media today, we have also taken an initiative to bolster them through our strong presence on social media, webinars, newsletters etc.
In the process of making our dreams a reality, I would take a minute to thank you for your continued patronage in our journey as I delightfully present you our new issue of the newsletter which discusses about Globalization & Business in the 21st century India which has revolutionized the fashion of business conduct in the recent decades. Expanding the geographic footprint of business has become an absolute necessity to remain competitive and ensure growth in today’s marketplace. Let’s together examine the status quo of globalization in the modern India and how it has proved to be a game changer for us, in this bulletin. I would be happy to receive your feedbacks on the same.
Best Wishes,
Sandipan Ray
Director, SMBConnect |
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| Interesting Facts |
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The term globalization was first employed in the year 1983 in an article of Harvard Business Review |
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2/3rd of the International trade is accounted for by just 500 corporations |
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Of the world’s 100 largest economies, 50 are transnational corporations |
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Many transnational companies have larger corporate sales than the most developed countries |
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| Sponsorship Opportunity for Start-Manage-Expand, 2017 |
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| SMBConnect in News: Receiving the Small Business Enterprise Award 2016. |
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