Good Day.
We have one business proposal.
Project Details: A B2B online project (A Real-time Business Trading Platform with many unmatched features) which will cater the need of buyer and seller in modern era's bracket. Breaking the traditional way of listings of the products, our project provides an unforgettable experience to buyers and sellers, our features uniqueness will never let them to forget us...
Why only online: The service sector is growing very fast and the coming time is of the service sector only. Those businesses that have a strong service network will grow much faster than a traditional business.
This project will engage all kinds of manufacturers, exporters, importers, traders, consultants, professionals on a single platform with good mutual interaction.
Our B2B Online project ensures the following features:
- Long Term Product Credibility
- Long Term Buyer & Seller Credibility
- Ease of Doing Business
- Protection from Fraud
- Increasing Share in Global Trade
- Fruitful Trade Analytics for better decision making
- Exclusive Current Trade News
- Easy Recruitment
- Trade Survey
- New Business Setup and many more.
Indian Service Sector:
Market Size
The services sector is the key driver of India’s economic growth. The sector has contributed 54.17 per cent of India’s Gross Value Added at current price in 2018-19*. India’s services sector GVA grew at a CAGR of 6.96 percent to US$ 1,356.49 billion in FY19* from US$ 846.84 billion in FY12.
Nikkei India Services Purchasing Managers' Index (PMI) stood at 52.7 in November 2019. The expansion in services activity was driven by boost in capacity and demand along with favorable public policies.
Investments
Some of the developments and major investments by companies in the services sector in the recent past are as follows:
The services sector is the largest recipient of FDI in India with inflows of US$ 74.94 billion between April 2000 and June 2019.
Leisure and business travel and tourism spending are expected to increase to US$ 234.4 billion and US$ 12.9 billion in 2018, respectively.
India’s earnings from medical tourism could exceed US$ 9 billion by 2020.
Indian healthcare companies are entering into mergers and acquisitions with domestic and foreign companies to drive growth and gain new markets.
Government Initiatives
The Government of India recognizes the importance of promoting growth in services sectors and provides several incentives in wide variety of sectors such as health care, tourism, education, engineering, communications, transportation, information technology, banking, finance, management, among others.
The Government of India has adopted a few initiatives in the recent past. Some of these are as follows:
Under the Mid-Term Review of Foreign Trade Policy (2015-20), the Central Government increased incentives provided under Services Exports from India Scheme (SEIS) by two percent.
The government of India is working to remove many trade barriers to services and tabled a draft legal text on Trade Facilitation in Services to the WTO in 2017.
Global Service Sector:
The services sector plays an increasingly important role in the global economy and the growth and development of countries.
The wide and deep impact of services on development is affirmed by many studies. Services are becoming crucial in a country's development, including in achieving the Millennium Development Goals, such as poverty reduction and access to basic services, including education, water, and health services.
World Bank has pointed to the higher contribution of growth in the services sector to poverty reduction than the contribution of growth in the agriculture or manufacturing sectors (1).
The 2011 World Development Indicators show that the services sector accounted for almost 71% of global GDP in 2010 and is expanding at a quicker rate than the agriculture and the manufacturing sectors. Moreover, trade in services is growing at a pace faster than trade in goods since the 1980s and in 2011, commercial services exports grew 11% to US$ 4.1 trillion(2), 29'82% coming from developing countries and 2.85% from transition economies(3).
Trade in services demonstrated relative resilience in the latest financial and economic crises in terms of lower magnitude of the decline, less synchronicity across countries and earlier recovery from the crises. Such resilience has led many countries to incorporate services trade into the post-crisis national trade and growth strategies.
Strengthening the domestic services sector by multiplying its backward and forward linkages with the primary and the secondary sectors as well as its linkage with trade can be an effective component of a comprehensive development strategy.
International trade in services covers tradeables that are intangibles (or trade in intangibles), unlike goods, such as peoples' skills(4). Services trade is carried out through four modes of supply namely cross-border supply, consumption abroad, commercial presence and presence of a natural person. International trade in services through these modes does not physically cross-national border and thus is not affected by customs tariffs and other taxes applied to merchandise trade.
Services trade is affected by domestic regulations in force in the sectors concerned in countries. International trade in services is thus sensitive to behind the border, national regulations that affect the supply of services.
For developing countries and least developed countries (LDCs), service trade is the new frontier for enhancing their participation in international trade and, in turn, realizing development gains. However, positively integrating developing countries, especially LDCs, and Land-Locked Developing Countries (LLDC) into the global services economy and increasing their participation in services trade, particularly in modes and sectors of export interest to them, remains a major development challenge.
It is therefore imperative to increase the private sector and public advocacy and awareness, to mobilize policy attention and resources to boost the sector's contribution to growth and development in developing countries and LDCs.
Finally, given the multifaceted contribution of services to national economy and trade, it is critically important to design and implement a services-driven development strategy within a coherent and comprehensive policy framework ensuring linkages with other policy areas and overall national development objectives.
Source: United Nations Conference on Trade and Development
Amount to be invested: approx. INR 10 Crore Or USD 14.08 Million
Investment in the Startup: In the Phases but not all amount immediately. The investor may be single or in the bunch.
What an investor will get?
- the investor will get a certain percentage of the stake in the company depending upon the size of the amount of investing or return as chosen.
- The investor company will get a top listing of its products in the selected category for the selected time frame. These top listings will generate sufficient b2b enquiries and investor company will be able to save a significant amount incurred on the branding and marketing of its own company and its products.
- The investor will get the position of an independent director in the company’s board through which investors can see the smooth fund management by the core directors of the company.
About us:
Gtech Industrial Resources and Services is a reputed company operating in B2B online and Media sector. We have a successfully running magazine 'The Pulp and Paper Times' for the last four years. The Pulp and Paper Times a globally known publication through its big followers base at social media. We have also a B2B platform for the paper industry to sell and buy products viz. www.kagaztrade.com
About the core directors:
Rohit Mittal: An IIT- Post Graduate & Diploma in Marketing Management from IMT (Ghaziabad) with 20 years of industrial marketing experience in the various industrial segments such as paper, packaging, pharma, steel, industrial chemicals (such as process chemicals, water chemicals& food additives), printing, software, real estate, publishing, online and many other segments.
Mr.Punit Mittal:
A media professional with good long term experience of handling corporates, social media platforms & media scripting.
Interested Investors may send their interest at gtech.irs@gmail.com
Before sending interest, please ensure the following information;
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Gtech Industrial Resources and Services
Plot No.C1/103/F-3, DLF, Dilshad Ext-II, Ghaziabad-201005, UP, India
Email: gtech.irs@gmail.com
A government registered and approved print media company
Social Media Followers 12K (on Facebook, Linkedin, YouTube, Twitter)
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