WORLD DISCOVERIES, INC. 
     
 WORLDWIDE IMPORT- EXPORT
      MARKETING & MANUFACTURING SPECIALISTS
      Founded 1990

      USA - INDIA

Composite Fiberglass Dome Schools, Buildings, Housing, Structures ,

Avionics  

Commercial & Industrial Materials & Equipment

Professional Business Services

PREFABRICATED MODULAR DOME HOUSING KITS PLANS PORTABLE HOUSES TEMPORARY CLASSROOMS BUILDINGS DISASTER RELIEF SHELTERS

Houses,Plans,Prices(76 pg

Houses,Plans,Prices(76 pg

 
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TESTIMONIALS, REFERENCE 3

MARKETING AND MANUFACTURING SPECIALIST - MEMPHIS TN USA 
EXPERIENCED IMPORT-EXPORT PROFESSIONAL - MEMPHIS TN USA
PROFESSIONAL BUSINESS SERVICES PROVIDER - MEMPHIS TN USA
AVIONICS
PREFABRICATED MODULAR DOME HOUSING CLASSROOMS BUILDINGS

World Trade Magazine

Nov. 17, 2005

             Sidebar 2: How One American SME Is Entering India
Domes International Inc., based in Mississippi, manufactures dome-shaped fiberglass houses and structures. With a product ideally suited for emerging markets, the company actively pursues global markets. After obtaining a $1.2 million loan from the Overseas Private Investment Corporation for the establishment of a small factory in Ahmedabad, India, Domes International (India) LTD, opened in December, 2003.

World Trade Editorial Director Neil Shister spoke with Steve Pope, Vice President for Sales and Marketing and Director of International Development, about the company's experiences in India thus far.

"I see the potential market for Domes to be much greater overseas and particularly in third world countries than domestically. I have been doing business in India since the mid-nineties and I brought my business associate in from India to show him the houses. He purchased a couple of houses to send back and set them up in the middle of a nice residential section. It created an immediate reaction--we estimate over 100,000 people have visited the site.

"Our sales in India are slow getting started. The biggest reason is the increase in our production costs. Seventy percent of our raw materials is a petroleum-based product and the price we pay has more than doubled since we arrived. Our target market was low-income housing but at the increased production costs that market is no longer viable. We have now shifted our focus to military and high end government buildings.

"It took us almost a year to be approved as a government supplier, and we just received certification this past December. Since then, we've had an unbelievable amount of interest. We are on track to do several million dollars. And, we're poised to do multi-million dollar projects with the military now that we're officially registered.

"The business climate in India is improving quickly. Fifteen years ago it was almost impossible. However, relative to the United States, there's still a tremendous amount of hurdles to overcome. We're a small company and we had to jump through a few hoops. For example, we spent three weeks trying unsuccessfully to open a bank account at three different banks. Finally we went to a friend of our partner and through him we walked into a bank and opened our account in an hour.

"Officials are nice but the common thread seems to be that there's so much bureaucracy involved that no single person or office has a grasp on all of it.

"It can be a big hassle. Being a third-world country, things don't happen as fast or efficiently as in the U.S. But, there's great opportunity over there. Indian labor is fantastic. We are employing between 40 and 50 Indian workers and they are the best we've ever had. The opportunity to work is a blessing and they are so anxious to please and do their job right that they'll go to any length to do it properly.

"In India, you've got to be able to adapt to fit the culture and economic conditions. For example, we've had to change the design of our product there to fit their needs. I'd say be prepared for a long ramp-up time in India. Take whatever budget you've got and double it. But once you get an operation going, once you get all the bugs and the bureaucracy worked out, it can become a very lucrative thing."

 

World Trade Magazine

Nov. 17, 2005

MARKETING AND MANUFACTURING SPECIALIST
EXPERIENCED IMPORT-EXPORT PROFESSIONAL
PROFESSIONAL BUSINESS SERVICES PROVIDER
AVIONICS
PREFABRICATED MODULAR DOME HOUSING HOUSES TEMPORARY CLASSROOMS BUILDINGS DISASTER RELIEF SHELTERS
PROFESSIONAL BUSINESS SERVICES