Jewelery market in India.

Jewelery market in India.
At present, globalization is becoming more serious day by day. The border trade more. Countries, including Thailand recognizes the economic importance of finding a partner. To link trade with various regions of the world.
+ + Department of Commerce. As the agency responsible for trade administration has established a working group of foreign missions (Regional Hub) to provide proactive and reactive strategies to expand the market trading partners. Both existing and new markets including USA, EU, China, ASEAN and India.
+ + "Indian" is one of the new market that's so important. To create opportunities for expanding trade and investment in the Indian market. The population reached 300 million people with purchasing power and the rate of economic growth remained high. There are many products that Thailand has the potential to expand exports to India, such as electrical appliances, jewelry and accessories. Machinery, etc.
+ + The goods, gems and jewelry. Thailand has the potential both to produce and export. But India also imported from other sources. Should find ways to encourage the Indians turned their attention to such imports from Thailand increased.
+ + For this reason. Products, gems and jewelry has become one of the products aim to expand trade in the Indian market. And early May, the past the Thai public and private sectors participated in India International Jewellery Show 2006 in Mumbai. India And engage in discussions with India to cooperate in trade and manufacturing of gems and jewelry to support each other. India's expertise in cutting and polishing diamonds. The cut stone, Thai specialist in Thailand have proposed to India a diamond distribution in Thailand. To strengthen cooperation in the jewelry.
+ + Although the avenues of trade with India are also much more. The problems encountered in trade with India. To find a dealer in the distribution. Since India is still not open to foreign investment in retail. And lack of awareness (awareness) of the Indian market. And potential products, gems and jewelry in Thailand. As well as trust and attitudes towards Indians. That this point is an important factor in understanding. And the relationship between importers and exporters. In the commercial expansion of India's tax rate is still high. I do believe that the FTA will result in reduced tax rate. And allows for more open markets.
+ + In addition to the gem and jewelry products. The other products. Many items are goods to India to expand trade and agricultural machinery. Air conditioning And processed foods.
+ +, The private sector being a key market to continue to expand trade with India. The government is supporting. Trade and investment opportunities to give vivid. If the market before competitors can compete with the giants of China. This has the advantage in price than other countries.
+ + Mrs. Apiradee Research Department of the brand in international trade negotiations, said after Thailand and India to reduce tariffs among themselves under the Free Trade Agreement. Since September 1, 2547, the value of trade grew throughout.
+ +, By accelerating the tax cuts in 2547 for the initial (Early Harvest Scheme: EHS) of the 82 items, valued at 216.7 billion U.S. dollars of trade with Thailand exported U.S. $ 147.4 million and imported U.S. $ 69.3 million. Thai trade surplus of U.S. $ 78.1 million and India in 2548 amounted to 430.0 billion U.S. dollars of trade between Thailand exported U.S. $ 341.3 million to 88.6 million U.S. dollars. Thai trade surplus of U.S. $ 252.7 million.
+ + For a total trade volume during the first 4 months of this year (Jan-Apr) was 912.8 million U.S. dollars. When compared with the year 2548 the total trade value of U.S. $ 977.3 million, down 6.6 per cent by value of exports from Thailand to India at U.S. $ 470.3 million. Compared to the same period last year at 504.6 million U.S. dollars, down 6.8 percent, imports from India to Thailand worth U.S. $ 442.5 million. Over the same period the previous year at 472.7 million U.S. dollars decreased by 6.4 from the commercial value of all the Thai trade surplus with India at 27.8 million U.S. dollars, decreased by 13.0 during the same period last year, Thailand's trade surplus 31.9. million U.S. dollars.
+ + "Under item 82 item trade between Thailand and India. Growth increases. As a result of the FTA between Thailand and India. The problem in terms of barriers to trade even more. The products of Thailand and India to open up markets between them. In the future, expect the trade volume between Thailand and India are rising steadily, and on September 1, 2549 order to accelerate the tax cuts 82 will have a tax rate of 0 is a great opportunity for operators to use. advantage to competitors of tariffs under the FTA fully, "she said Apiradee.

            + + Although each country has a trade barrier. If it's growing advantage in trade, investment in Thailand will not lose trade partners and competitors