India is a middle income developing market economy internationally. It includes a wide range of activities such as trade, hotels and restaurants, transportation, warehousing, and communications, financing, insurance, real estate, business services, community, social and personal services, and construction-related services.

If a new thinking, a new strategy is included in this, then through this new system, research and development program can be started for business promotion from some of the main economic activities of the country, which are mainly:-

Attracting educational tourism:-

In today’s time of liberalization, every country government is focusing for maximum improvement and renewal in the field of education. Foreign students interested in the study and analysis of the conclusions that will be obtained through the research and development program on the plan described under a new thinking, a new strategy, Indian managerial and technical institutions can be invited to the country which will be a concrete example of attracting tourism related to education.

Significance in Expansion of Indian Outsourcing Industry: –

Outsourcing is the process in which a company makes an agreement with another company for some of its internal work to get that work done.

Every country keeps taking important steps to give maximum incentive to agriculture to meet its basic needs because agriculture sector is such a sector, which provides raw material for food manufacturing industries.

The research and development program related to new thinking, new strategy can be exported to foreign educational institutions for study and analysis through outsourcing process which will be part of export of service.

Importance in the operation of industries and businesses in a mixed economy-

A mixed economy is an economy that is in the form of a mixture of different market and economic schemes. Under this, they are operated in public owned and privately owned enterprises.

Public owned undertakings-

Such industrial and commercial undertakings which are owned, managed, operated and controlled by the Central Government, State Government, Central and State Government or Government or any other public authority are called public owned undertakings.

Privately owned enterprises-

Such industrial, business or financial units, which are owned, managed, operated and controlled by individuals or non-governmental organizations, are called privately owned enterprises. These units are operated under government regulations for the supply of goods or services in exchange for a price.

Through a new thinking, a new strategy, a new source of income will be generated in the mixed economy and any public or private sector undertaking can get its economic benefits through policy-oriented management, which will prove helpful in strengthening the economy of the countries following mixed economy. Therefore, it will be necessary to have a research and development program for business promotion in this direction also.

Statutory Note

This whole plan has been carefully prepared under a new thinking, a new strategy. Even after this, if any kind of error and defect is found in the research and development operation of the subject, then there will be no responsibility of any kind on the subject creator, blogger website and people related to this topic.Along with this, if any person does the experimental work to be done in research and development operation from his level, then after that if any kind of physical and mental damage occurs to that person, then there will be no responsibility of any kind. Subject creator, blogger website and people related to this topic will not have.