Tag: India

Introduction
Hotel industry in India there is a huge boom in recent years, is experiencing an interesting stage. One of the main reasons for the increase in demand for hotel rooms in the country’s boom in the overall economy and high growth industries as information technology, telecommunications, retail and real estate. The growth of stock markets and new business opportunities are also attracting hordes of foreign investors and international corporate travelers to search for business opportunities in the country, in particular the growth in the tourism sector. The hotel industry is inextricably linked to the tourism industry and the growth in Indian tourism industry has caused the growth of Indian hotel industry.

The explosive growth in India ignites unquenchable demand for hotel rooms. With huge investments flowing into India for the development of infrastructure such as roads, highways, airports and points of the Convention, the interest in hotel developments defeat new highs as tourism, business travel and are on the rise.

The boom of tourism is a cascade effect on the hospitality sector with an increase in occupancy and ratio of medium-sized bet. And with the continuing surge in demand, many global hospitality professions have confirmed an interest in the Indian hospitality sector. It is estimated that in India, probably around 40 international hotel brands by 2011.

Features
In the spurt in India’s tourism growth has had a ripple effect on the hospitality sector. The growth in income and purchasing power coupled with the governments open sky policy have provided a major focus. The industry is growing very rapidly, and there is a demand for more rooms in the metro and small towns. It is estimated that in India, probably around 40 international hotel brands by 2011.

India booming hospitality industry has transformed into a real basket of the choicest of rooms, food and beverage, health, and business sites, travel packages, and all you can think of. New global entrants are competing with existing local players to provide world class services at prices suited to every pocket.

An estimated 4.4 million tourists expected to visit India with an average annual growth rate of 12% over the next few years. Domestic tourism market is also flourishing. Commonwealth Games in 2010 will add to the demand for quality housing.

The Government of India’s Incredible India destination campaign and Atithi Devo Bhavah campaign also contributed to the growth of domestic and international tourism and consequently the hotel industry.

The opening of the aviation industry in India exciting opportunities for the hotel industry, as it relies on airlines to transport 80% of international arrivals. The decision of the Government to upgrade 28 regional airports in smaller cities and the privatization and expansion of Delhi and Mumbai airport will improve the business prospects of hotel industry in India. And upgrading of national highways connecting various parts of India has opened up new opportunities for the development of budget hotels in India. Taking advantage of this opportunity Tata group and another hotel chain called “Homotel ‘have entered this business segment.

The Philippine call center industry has truly grown in the past year. This is because the Philippines offer all that outsourcing offshore businesses need. First and foremost of these is the available competent workforce and relatively lower cost of labor as compared to an onshore operation. The industry has developed well and lead race in the global outsourcing industry. Every since the industry was went full swing in 1999, there was no turning back in development. A significant number of such businesses established in India moved or branched towards the Philippine archipelago when the large potential for the countrys geographic location was realized.

So are you Ready to Work in a Call Center?
Call centers, also called contact centers are great places to work in especially since one does not need any specific degree to get into one. A lot of Filipinos, according to surveys, have college degrees. However, you could have either finished mass media or nursing and it would not matter. All you need are the right skills especially in communicating with people and you could get hired right away. The best part about getting into this kind of career however, is the pay. This industry offers highly competitive salary rates even for the entry level applicants. This is why the call center has so many applicants.

However, it is not all fun and games. There are also a lot of challenges that one must face when getting into a career as a contact center agent. So what exactly are these challenges?

Challenges of Working in a Philippine Call Center
There are many challenges to working the contact center conditions. Filipinos basically love to wake up early in the morning to work (as opposed to say people in Hong Kong where the night is alive and people sleep till almost noon). But this will have to change because the call center industry requires one to work during the night. This is of course because the Philippines is almost at the opposite end of the globe to the U.S. where most of the customer calls will most likely come from. Thus, the time differential is immense. Day time in the United States is Night time in the Philippines. Conversely, night time in the Philippines is day time in the U.S.

There some dangers to working at night that one should first be aware of before considering going into the contact center industry game. Remember that the body has a natural circadian rhythm also commonly called as ones “body clock.” The body biological clocks time was determined by billions of years of evolution. Reversing this can have bad effects to some people with weak constitutions who cannot adjust well enough. Those with bad respiratory problems will exacerbate their problems. But those with heart diseases should not even consider going into such a career.

Other than these, working in a Philippine call center can be fun and comfortable if one can adjust well enough. The pay is good and there are always good medical benefits such as health cards.

Despite the lull in the real estate sector and the subsequent reduced demand, the asbestos cement sheet industry has managed to record a healthy growth rate of 10-12% per annum.

The slowdown in construction activity has failed to dampen the spirits of SMEs that constitute the bulk of the sector as they continued to receive a steady flow of business.

Experts believe that the high growth rates clocked by the sector have been mainly possible due to the sustained demand in the rural sector, which accounts for over 50% of the market for the asbestos industry.

Succeeding despite odds

Though last year saw a spurt in campaigns against the use of asbestos products in India, SMEs in the industry continued to witness a surge in the demand for their products. Small vendors providing roofing material to the rural population remained relatively unfazed by the adverse effects of the downturn and the campaigns.

Even though the construction sector has taken a hit due to the slowdown, the demand for asbestos products has not been affected. We have continued to see good margins and increased offtake despite worsening economic conditions, said T Sohangpurwala, proprietor of Calcutta Asbestos & Belting Company, a small-sized asbestos supplying firm in Kolkata.

The asbestos industry in India is projected to see a steady demand in the next few years as well. A new report from the Asbestos Cement Products Manufacturers Association (ACPMA), the chief organisation aimed at promoting chrysotile asbestos cement in India, predicts good times ahead for the SMEs in the sector.

Despite campaigns seeking a ban on the use of chrysotile asbestos, the demand for asbestos cement will remain steady as very few products can compete with it in terms of price and durability when it comes toroofing houses, said A Modi, Chairman of India Asbestos Manufacturing Company, a small-sized asbestos cement manufacturing unit in Jaipur. Asbestos is one of the best roofing options in rural India as it costs less than a third of the equivalent quantity of steel sheeting.

Although the outlook of the asbestos cement sheet industry looks positive, small vendors need to exercise prudence at present. They must also ensure that their manufacturing processes are clean to guarantee the safety of their Products.

India being a peninsular country has a far-stretching coastline. It is surrounded by water on the east, west, and south coasts. As a result there is abundant fishing in India. The fisheries industry in India is huge. With its vast coastline, India is the fourth-largest producer of fish in the world. This is mainly because nearly 10 million people residing in more than 4,000 coastal regions are engaged in fishery activity. These people are mainly dependent on fisheries to earn a living.

India holds great potential for both inland and marine fishing. It has huge reservoirs for fishing. The fisheries industry heavily contributes to the Gross Domestic Product of India. The fisheries industry is responsible for filling the Indian exchequer with about $70 million per annum. Massive production and export has made the fisheries sector an essential part of the Indian economy.

Though the fishing industry in India contributes heavily to the GDP and is a valuable source of earning foreign currency for the country, it still has a huge potential for export. Out of the total area available for fisheries, a significant amount of area is left unutilized.

In the recent past, the fisheries industry has been growing considerably on a consistent basis. It has also caught the attention of foreign investors. Several foreign investors are now investing in the fisheries industry in India for its potential to offer them immense returns. Another reason for the foreign investors to invest in the industry is the easy availability of infrastructure facilities. The liberalized policy of the government is another vital factor for the fisheries industry to attract new foreign investments in India.

Both the central government of India and the state governments have undertaken initiatives and announced several policies to boost the growth of the fisheries industry in India.

The Department of Animal Husbandry, Dairying, and Fisheries is the main authoritative body for development of the fisheries industry in India. This government body has been responsible for implementing infrastructure development programs and welfare-oriented schemes. It is also responsible for formulating appropriate programs to increase the productivity in the fisheries sector. Furthermore, the Ministry of Food Processing Industries is another agency that is responsible for the overall growth of the fisheries industry.

Though the central ministry takes active initiatives to boost the fisheries industry, it is mainly governed by the state governments. Each state has its own set of policies to attract new investments in the fisheries industry of the state.

Some of the most prominent states and union territories that promise huge potentials for investments include:

Goa: The state has a coastline of about 100 km and is rich in marine wealth. Fisheries are the main economic activity of the state. The fishing activity has given a big boost to the canning, freezing, and fish processing industries in the state. These industries offer great investment opportunities.

Kerala: The government of Kerala gives top priority to the fisheries sector. The sector contributes the most to the state governments revenue and brings in foreign exchange. The government is keen to develop this industry further. There are huge investment opportunities for investors in terms of providing technological assistance to the local fishermen, providing storage facilities, fish packaging, and so on.

Apart from these two states, prominent other states and union territories, such as Assam, Orissa, the Andaman and Nicobar Islands, and Lakshadweep also promise great investment opportunities in the fisheries industry.

Worldwide golf sport and equipments/supplies industry is highly fragmented with largest contribution coming from the US, Japan and some of the European countries. Golf industry has a large number of male participants than female while this trend is slowly changing and increasing number of women are entering into the golf business. India and China are emerging markets for this sport.

Per capita income and demographic trends leave a major influence over golf demand and participation. The US golf industry is one of the largest in the world and has advanced golf facilities. While in recent times, its growth rate is slower than expected because of the high cost involved in the game and present economic conditions of the US does not allow spending much on leisure activities. Golf apparel and accessories segment started gaining popularity due to rising per capita disposable income in all parts of the country. The golf industry, particularly equipment sales, is impacted by the participation rate, especially from a group of core golfers, and also by the number of rounds played.

Within Europe, a major portion of golf demand and supply comes from few countries wherein the UK and Ireland stands on top. The European golf industry is benefiting from rising golf participation rate in the UK and revenues generated from golf tours. A major portion of the demand for golf equipment is coming from Western part of the Europe, while Eastern Europe is also indicating rising interest of population in the sport. Manufacturers of golf equipments have reduced their production estimate for 2012 and 2013 due to falling national income and trade.

Golf industry in Asian region is expanding rapidly with growing income and rising golf tourists. It has been estimated that number of golfers in these regions increasing rapidly and generating need to serve rising number of members. India offers huge opportunities for golf industry with large number of population and rise in foreign tourists arrivals.

The upcoming report on Global Golf Industry, Participation and Growth Forecast will provide a detailed analysis of golf industry development worldwide with focus on Europe and the US markets. The study will include participation trend, impact of economy over golf industry, golf equipments demand and forecasts. The report will also analyze industry trends, macro economy environment and driving forces accounting for change in the industry.
For more information, please contact