FOR PROFESSIONAL STUDENTS
ASPIRING TO BE ENTREPRENEURS
Destinations covered : Shenzhen – Guangzhou – Foshan – Yiwu – Shanghai
Excellent opportunity for business oriented professionals and those who have family run existing businesses and start ups to scale up operations with newer technologies, products and services in India
Expected outcomes of the Study Visit
Destinations covered in this business study trip
1 SHENZHEN – Having countless manufacturers and suppliers of electronics and electronic products.
2 GUANGZHOU – Find just about anything you can imagine at wholesale prices and less from toys, furnishings, glasses, leather products, fabric, cloth materials, cosmetics, crafts, stationery, shoes, latest fashion apparels, watches, motorcycle spare parts, electronics, mobiles, computer accessories, digital cameras and even dried foods, traditional medicine, pets and lots more…..
3 FOSHAN – The world’s largest wholesale furniture market and distribution centre with products of over 1500 furniture manufacturers and stores of about 3,000 Chinese and international traders located on over 20 streets reaching 5 km in total length. Also well known for its ceramics since the Ming dynasty.
4 YIWU – World’s largest wholesale market for small commodities including fashion accessories, toys, electronics, home and garden products and more.
5 SHANGHAI – The largest Chinese city by population and a global financial centre.
Advantages of China Business Study Tour with Travelvava Private Limited
Business Study Tour Outcomes
The Study Tour is expected to provide invaluable practical learning experience to professional courses students – who are aspiring generation-next entrepreneurs, technocrats and management professionals. As such, the Study Tour helps them to enhance their overall knowledge, technical, managerial and business capabilities. They would also see emerging cutting edge technologies and innovations in a rapidly changing and evolving global business environment. Factory visits, interactions with industry representatives are truly useful in their future ventures besides developing valuable contacts and rapport with entrepreneurs and suppliers.
WHY CHINA ?
China is a leading world economy having a massive and diverse production, manufacturing and corresponding logistics and supply chain facilities. Several factors contribute to India’s reliance on Chinese imports such as competitive pricing, product variety and manufacturing expertise. China has been India’s top import destination. According to export import data, at the end of the first quarter of 2023, import products from China had increased to $98.5 billion, representing a 4.16 percent increase in import. In FY23, bilateral trade between India and China totalled $113.83 billion. As of 2022–23, China was India’s third-largest trade partner.
Top products imported from china to India
AI Applications, Drones, Electronic and Electrical Equipment, Organic Chemicals, Machines, Nuclear Reactors, Boilers, Iron and Steel, Medical and Optical Instruments, Plastics and Plastic Articles, Fertilizers, Vehicles (excluding Railway or Tramway), Furniture and Bedding, Mattresses, Textiles, Articles of Rubber and Plastic, Paper and Paperboard, Mineral Products, Toys, Games, Sporting Goods, Footwear, etc.
Conclusion
This Business Tour may provide ample opportunity to the Gen-Next Entrepreneurs/Technocrats/ Administrators to have an overall understanding of different types of new and innovative products, technologies and services which may trigger new ideas to start their own businesses in India as we promote “Make in India for the World” . This may help to bridge the gap between domestic production and supply and customer and demand preferences for diverse products. Indian MSMEs who are exploring technical expertise and raw materials from China to manufacture some of the high to low technology items in India may also be benefited in the long run.