doing business in Indo-Pak

1. Doing Business In Indo-Pak By: Pandey Pratyush Abbasi dawood

2. 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

3. Culture of Indo-Pak 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. Danceis considered as a media of expressing one's pleasure and thoughts. Similar rich &spicyfood habits. Prefers joint family systems Respect-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.

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

8. Aggressiveness can often be interpreted as a sign of disrespect.

9. One needs to take the time to get to know them as individuals in order to develop Professional Trust.

10. Criticismabout an individual's ideas or work needs to be done constructively, without damaging that person’s self-esteem.

11. 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.

13. Expects you to be on time but they can make you wait too

14. Hard working & expect to be rewarded for it

15. Business Structure of Pakistani Companies:

16. Senior person in company makes final decision

17. Pakistanis prefer to do business with people they know and trust. They often hire their family members in their business

19. Believes telephone too impersonal for business communication

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

22. DO give and receive gift using both handsDON’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.