Doing Business In Indo-Pak

BY:PANDEY PRATYUSHABBASI DAWOOD

About Indo- Pak

Population: 170.6 million (6th) Capital: Islamabad Currency: Rupees ( 1$= 85.65 PRs) PPP: $451.9 Billion (26th) Languages: Urdu, English Demographic:

97% (Muslims), 1.6%(Hindu)

1.6% (Christians),

0.001% (Sikhs & Jews) Literacy Rate: 46.6% Geographic: 36th largest nation by total

area.  It has a 1,046-kilometre (650 miles) coastline.

Date of Independence:

14th August 1947

Population:1.2 Billion (2nd) Capital: New Delhi Currency: Rupees ( 1$=44.35 IRs) PPP: $3.526 Trillion (4th) Languages: Hindi, English Demographic:

80.5% (Hindu), 13.4% (Muslims),

2.3% (Christians), 1.9% ( Sikhs),

0.8 ( Buddhists), 0.4 ( Jews)

Literacy Rate: 64.8% Geographic: 7th largest country by

area. India has a coastline of 7,517 kilometres(4,700 miles).

Date of Independence:

15th August 1947

Indo-Pak Culture is marked by a high degree of syncretism and cultural pluralism.

Know for its kaleidoscope integrity.National sports of both the nations is hockey.Dance is considered as a media of expressing one's pleasure and

thoughts.Similar rich & spicy food habits.Prefers joint family systemsRespect-Pakistanis and Indian shows a lot of respect to those who

are more experienced and older. Indirect communication- Pakistanis and Indians are rather

diplomatic and use indirect communication with a lot of similes.

Culture of Indo-Pak

Common law is the main basis for doing business in India, taking into account The Indian Constitution.

One needs to understand that one is dealing with people from a different cultural background, that think and interact differently.

Aggressiveness can often be interpreted as a sign of disrespect. One needs to take the time to get to know them as individuals in order to develop

Professional Trust. Criticism about an individual's ideas or work needs to be done constructively,

without damaging that person’s self-esteem.  Women are treated with respect in the work place. Foreign women working here 

needs to plan their wardrobe carefully, keeping in mind the conservative dress codes in India.

.

Doing business in India

Ranks 69th out of 183 countries in ease of doing businessWorking Practises in Pakistan:• Apointment to be taken 3 weeks before meeitng• Expects you to be on time but they can make you wait too• Hard working & expect to be rewarded for it Business Structure of Pakistani Companies:• Senior person in company makes final decision• Pakistanis prefer to do business with people they know and

trust. They often hire their family members in their business• Don’t like to work in teams

Doing business in Pakistan

Working relationship in Pakistan

People are polite so negative emotions are not seen in public

• Personal problems at work are dealt in private and prefer to keep it to themselves

• Believes telephone too impersonal for business communication

• Person’s title and surname should be used

• DO establish close contact with Pakistani or Indian business partner.

• DO ensure,if you are women, have to cover bare arms and ankles to avoid offence

• DO give and receive gift using both hands

DON’T be surprized being asked personal questions

DON’T shake hands with a Pakistani or Indian women if you are man

DON’T be surprized if you have to take your shoes off while entering a Pakistani or Indian home.