Should_Chinese_Home_Appliance_Industry_Go_to_Vietnam

India Investment Environment Analysis • T 1. 当地技术是否满足生产需求 India’s seven Institutes of Technology, or IITs, specialize in engineering and science. They were founded in the early 1950s to speed up the country’s technological development. Today they are ranked third-best in the world for technology after MIT and Berkeley (1). 除此之外印度在IT行业强大的技术背景也为家电行业提供了充分的技术保障。 2. 职业技能：no related accurate knowledge background with it • E 1. 基础建设 Infrastructure Poor infrastructure is constraining it. Power cuts, water shortages, airport delays, overloaded ports, and overcrowded roads are a way of life. India’s inadequate infrastructure presents one of the biggest hurdles. E.g.Economic losses from congestion were estimated to be as high as US$6 billion in 2007. Large trucks are banned from entering some cities by day, which can add crippling delays. Ports suffer from lack of dock space and cranes, and airports from lack of warehousing. Weather conditions can worsen problems: power fails more often, traffic becomes even more congested, and goods stranded outside—due to lack of warehousing—can be ruined by rainstorms (1). 2. 环境影响（自然环境、道德标准CSR） 我们是家电行业，是以技术和生产力为支撑的制造行业。我觉得我们分析几国投资环境应当以主要问题为核心，环境问题以及相关环境法律的规定确实不是我们主要考虑的问题范围之内。 3. 竞争环境 印度当地的空调品牌就有四、五百个，再加上日韩等家电企业的先入为主，中国企业很难竞争。在印度在这里，双桶洗衣机比全自动洗衣机更受欢迎，小冷冻室单门冰箱比对开门、全自动冰箱卖得更火，就连国内已经淘汰的窗式空调，在这里都可以算作是奢侈品 （2） 现在的印度家电市场更像中国90年代的情形，家电产品才刚刚开始普及，无论市场准入标准还是能效标准都没有相关的法规出台，处于初级阶段的市场没有更多的评判准则，价格当仁不让的成为消费者取舍产品的砝码。所以对于我们中端产品的定位情况，在价格上无法同印度本国产品形成有效竞争。在奢侈品家电行列又不如日韩产品抢占先机。 Here are the most popular companies of home appliances in India （3）: |Samsung | |Samsung India has its head office in Delhi and 19 branches all over the country. It manufacturers a comprehensive range of home | |appliances such as microwave ovens, refrigerator, air conditioners and washing machines. All these products come in various sizes and | |styles and offer various functions according to your need and budget. Just browse through their site and gather information about | |their products and home appliances stores. | |  | |LG- Life's Good | |LG Electronics is a South Korean company and was established in India in 1997. They started their business with manufacturing of Color| |Televisions, LG Washing Machines, Air-Conditioners and Microwave Ovens and other electronics products. Till date it has gained a | |reputed name in Indian home appliances industry and serving their customers satisfactorily from past one decade. | |  | |Videocon | |There are number of Home Appliances companies in India among which Videocon is one of them who tops the list. Their domestic products | |include refrigerators of various types, microwave ovens, mixer grinder, television etc | |  | |Godrej | |Godrej is one of the prominent manufacturers of home appliances in India. Its domestic appliances products include refrigerators, | |washing machines, air conditioners and cooking ranges. Its kitchen appliances are vast such as roti maker, sandwich maker, and | |toaster. They offer full warranty on their products. | • L 1. 劳动保护法 India is member of the International Labour Organisation and complies with the convention it has ratified. It has enacted comprehensive legislations to provide a good working environement for labor and protect their interests (5). 2. Paying Taxes • Corporate Tax Foreign corporations are subject to a basic tax rate of 40& as well as a 2.5% surcharge. The effective tax rate for forign corporations is 42.23%. • Special rates for non-resident corporations 共有五项：sucah as royalty or fees for technical services, dividend income. 一言以蔽之，印度对FDI税收严苛且繁重。以下是世界银行对印度税收状况的打分： The data below shows the tax that a medium-size company must pay or withhold in a given year, as well as measures of the administrative burden in paying taxes. These measures include the number of payments an entrepreneur must make; the number of hours spent preparing, filing, and paying; and the percentage of their profits they must pay in taxes (4). |Indicator |India |South Asia |OECD Average | |Payments (number per year) |59 |31.3 |12.8 | |Time (hours per year) |271 |284.5 |194.1 | |Profit tax (%) |25.1 |17.9 |16.8 | |Labor tax and contributions (%) |18.2 |7.8 |24.4 | |Other taxes (%) |21.4 |14.2 |3.3 | |Total tax rate (% profit) |64.7 |40.0 |44.5 | 3. 知识产权保护 India has, in the past, been identified as a “high-risk area” for theft of intellectual property (IP). But as the Indian R&D economy grows, and software design continues to be a key Indian industry, the government and leading businesses are tightening up on IP protection （1）. 现在印度逐渐建立起较为完善的知识产权保护体系，theft of IP的情况得到很大的改善。印度的知汉产权保护救济措施独具特色，是以司法保护为主体，行政保护和民间保护三者相结合的完善有效的体系（5）但是印度的知识产权保护仍然focus on IT industry 以及software protection，其他领域仍然较为薄弱。在我们建厂的过程中，仍然要注意这方面的问题。 Registering Property The ease with which businesses can secure rights to property is shown below. Included are the number of steps, time, and cost involved in registering property (4). |Indicator |India |South Asia |OECD Average | |Procedures (number) |5 |6.3 |4.7 | |Time (days) |44 |105.9 |25.0 | |Cost (% of property value) |7.4 |5.6 |4.6 | References: 1. Nelson, Dean (2008) Doing Business In India New York: DK Publishing 2. Li, Dena (2010) The Industry of Home Appliances in India: The Cheaper the Commodities, the Better the Sellers, [Online] 4 April. Available at: [http://www.cheaa.com/News/GuoJi/2010-4/138861.html] [Accessed 14th Oct 2010] 3. India Housing (2009) Home Appliances in India [Online] Available at: [http://www.indiahousing.com/home-appliances.html] [Accessed 14th Oct 2010] 4. The World Bank Group (2010) Doing Business: Measuring Business Regulations [Online] Available at: [http://www.doingbusiness.org/ExploreEconomies/'economyid=89] [Accessed 14th Oct 2010] 5. Ernst & Young (2010) Doing Business In India Haryana: Ernst & Young Private Limited [Online] Available at: [http://www.investindia.gov.in/e&y_doing_business_india.pdf] [Accessed 14th Oct 2010]