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Shri Kamal Nath, Union Minister of Commerce & Industry, today released a book in Hindi on International Business, focusing on the Indian perspective titled International Business: A Perspective on Policies & Procedures (“Antarashtriya Vyapar: Avdharna, Nitiyaan Aur Prakriya”), brought out by the Indian Institute of Foreign Trade (IIFT). Speaking at the release function here in the presence of the Director and other faculty of the IIFT as also the senior officers of the Department of Commerce, Ministry of Commerce & Industry, Shri Kamal Nath commended the pioneering effort of IIFT and expressed the hope that the standardized compilation would meet the long felt needs of entrepreneurs, especially the small and medium enterprises (SMEs).
The book contains 25 articles covering various facets of international business, all written by the experienced faculty of IIFT. The book has been compiled to cater to the pressing need of the SME sector for understanding the basics of international business. The experience of the workshops conducted by IIFT in this regard has been fully taken into account while compiling the book with its wide coverage of the subjects as also the competent treatment of complex trade issues in a Hindi compilation. An interactive CD is also made available with the book, which would help entrepreneurs to understand the intricacies of export procedures and documents.
Major areas of International Business are covered in a comprehensive manner in the book which is divided into four major parts. The first part deals with International Business Environment and Policies and the second part deals with Marketing & Strategy, while the third section of the book relates to financial aspects of International Business. The final section of the book is on Export Procedures & Documentation.
Rapid changes are being witnessed in the context of increasing globalisation and multilateralisation of trade. An understanding of these developments and capacity to respond to the changing scenario are factored into the various programmes that the IIFT, which has been in the forefront of management education with a global focus for 40 years, conducts such as the two-year full-time and three-year part-time MBA degree programmes in International Business; the 18-month Executive Masters Programme in International Business including an online programme; a number of short-term Executive Development Programmes and a 4-month Certificate Course on Export Management, specifically for SME sector. Besides, IIFT has also been conducting 10 to 12 workshops of one-week duration every year in Hindi in different parts of the country.
SB/MRS
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