LED people look at: the Chinese people in India fully understand the trade in India

Sino Indian trade has a significant difference - China is the world's factory, known for processing and manufacturing industry; India is the world's office to start the service information industry, take the virtual economic route. The status quo of India's economic and social is the stone age and the age of software coexist, the overall economic level is still in the low-end stage, about 15 years behind Chinese. So what China needs 15 years ago, what the India market needs now. India is currently lacking is the basic necessities, and related industries, including infrastructure construction, development is the time in India are. Business middle class will be the backbone of the development of India. India from 1990 to the present reform, the first class has begun to appear in the middle class. In the next ten years, India's middle class population will reach 110 million. The typical feature of this group is: TOYOTA Carola, NOKIA mobile phone, a wife, two children, the most important thing is, in the outskirts of a city near the apartment office. Middle class have enough money, the first thing to do is change the house. So India is now in the residential adjustment period. India, the capital of New Delhi daily traffic jam, not because of the car, but because the houses are everywhere, so the current home building materials, hardware industry in India has been very prosperous, containing numerous business opportunities. In addition, in the consumer electronics industry, India has become the main battlefield of Shenzhen manufacturing, the level of consumption, the market characteristics and consumption habits provide an opportunity for the mobile phone enterprises and traders. The increasing middle class has also spawned a new lifestyle. Most of the middle class couples in India are working for both the husband and wife, who have no time to cook at noon, and the microwave industry is growing rapidly. India food has a feature that can be heated to eat. So the middle class's lunch must be a microwave oven. Microwave ovens will slowly replace a meal, demand is considerable. Customers in India is also in transition, gradually from the semi-finished product procurement to purchase. In order to encourage India's production and processing industry, since May 1, 2006, in addition to the India foreign trade administration announced in the form of products excluded, India imported for the production of goods for export of raw materials (allow reasonable loss and the required fuel energy), and catalyst given imported duty-free concessions, but the finished product tariff is 25%. This situation should be, electronic products China enterprises can separate the product shell and core components, such sales will be more in line with the India purchase demand than direct export of finished products. Show expand trade survey, China suppliers do not love to do business with the Indians, the biggest reason is the Indians to price is too low. This is because the nature of trade in India is the agency trade, when the goods arrived in the hands of real buyers, has passed at least three agents. In India, single handedly to open up the market in India is Arabian Nights. Levi's in India to develop the business for 13 years to start making money, HUAWEI entered the India market in 3 years. The probability that foreign companies are directly exposed to retailers in India is almost 0 and the probability of exposure to agents is about $90%. So do business with the Indians, we must make agents profitable. Do business in India, we must rely on the local agent, its essence is the India Local Taxation system. First of all, India must pay federal taxes on imports, the system even the Indians themselves are not too clear, so they will try to avoid tax. For example, to do business with the Indians, even if the freight to pay, he will ask to write freight prepaid, will require the invoice halved, which is to avoid tax. In addition, Indians need to pay the central value-added tax. Business with the Indians is often the case, half of the business, India buyers are missing. Behind the story is that India home agent not willing to carry the value-added tax for home, and home delivery agent. Here is the essence of the completion of the transfer of value-added tax. In addition, India has a service tax and education tax, etc.. Above is only imported from abroad to India need to pay taxes, after entering the India frontier, charge VAT and sales tax should remain between States and economic zone of the transaction, we must rely on the cascade lead agency, relying on local sales channel. State tax includes: central sales tax (domestic interstate sales tax, VAT (state), in charge of sales), stamp duty (sale of goods or service charge), goods into the state (state level tax goods into the payment of taxes). The tax is too high, so we have to rely on local entities to avoid tax. In India, the bigger the people are doing business in the warehouse, India warehouse industry is also very developed. Shortcut to India Trade Exhibition Association, there are two. India any industry association, India buyers are generally Industry Association member. India's trade association is the 1.5 official body, has a lot of power, the India Federation of industry and Commerce may even be free to determine the tariff. These industry associations also attaches great importance to the merchant of India, if you want to do business with them, it is best to go to such annual meeting. All of India's business comes from human feelings and trust, so it is important to go to meet them in person. India divided into Mumbai, Madras (Chennai), Delhi and Calcutta four economic zones,