DHL& CNBC-TV18 to felicitate India's trade, entrepreneurs with the second edition of International Trade Awards

Our Corporate Bureau
08 January 2008

Mumbai: With foreign trade playing an increasingly important role in India's economic growth, logistics company DHL and business news channel CNBC TV 18 have come together to recognise the efforts of the export community.

The duo have set about to felicitate them at the International Trade Awards, for which the last date to send entries, is 31 January, 2008.

According to a CNBC- TV18 spokesperson, "The knowledge, vision and acumen of these exporters have helped in driving the Indian economy to its equitable place in global market. The impact of this sector's development on overall economic growth is significant. DHL and CNBC-TV18 International Trade Awards will recognize exporters who have performed exceptionally well in the dynamic market scenario and reward them with the recognition they truly deserve."

Craig Grossgart, country manager, DHL Express, India said, "The international trade award is a unique platform that DHL has established to honour the trading community. DHL recognizes the role that exports and imports play in boosting trade and driving the Indian economy. Through this award, we wish to recognize the exemplary exporters and importers who have performed well in the last year. Being a trade facilitator and leader in the logistic industry, we urge the trade community to participate in large numbers and make this initiative a resounding success to raise the bar for excellence in trade."

The nomination process will be based on a combination of the following four parameters:

Industry

Competitive scenario in Indian and global markets
Major Competitors (domestic and intl.) and your position vis-à-vis them
Your market share compared to domestic and global competitors
Threat from substitute products
Technology requirements/collaboration details

Operational

Sales growth over last 3 years
Trend in growth of export sales and drivers of the same
Comparative growth rate/export vis-à-vis domestic
Applicable duty structure
Raw material sourcing arrangements and distribution network

Financial

Trend in profitability
Raw materials as share of total income
Price trend in raw materials
Other overhead expenditure as percentage of income
Interest expenditure as percentage of income
Trend in gearing and interest coverage