..India is the largest democracy on earth and is one of the fastest growing economies..
Export opportunitiesFire and Safety
Food and Beverages
Medical and Biotech
Sourcing opportunities
.. Besides the IT industry, India has been developing its production facilities to which international companies outsource...
QuickScan: Pragmatic and
cost-effective way to identify opportunities and hurdles for your
product in the Indian market.
Market introduction: actual introduction
of your product on the Indian market.
Why export to India?
- Increasing demand for international quality.
- Virgin market with large and continuously growing potential.
- Relatively low investments required for market entry due to
India's low cost environment.
- The Indian economy was only slightly affected by the recession
(5.5% growth).
Growth for 2010 is expected to be more than
7%. European countries witnessed their economies shrink at 4% on
an average during 2009.
- Participating right now will enable your business to profit and
capitalize on
the enormous growth potential in the mid and long term.
- Mc Kinsey estimates that the wealthier part of the middle class could grow from 50 to 580 million in 2025.
The relatively high import taxes are expected to decline in the upcoming years. One of the reasons for the reduction of this protectionism is the pressure by the WTO, of which India is a member.
The average import duty tariff has been reduced to a current average of 25% from around 400%. The future looks bright!
The main motive for companies currently investing in India, is the presence of a fast growing market driven by a rapidly upcoming middle class, large scale urbanization and the expansion of the organized retail sector. After investing in sales and infrastructure in India, international firms can expect to reap large profits.