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India: Country Insights
The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment. India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands.
As per the latest data available, India’s gross domestic product growth for FY 2012-13 was 5%. With expected continuance of the government’s liberal policies, India has potential for a sustained high growth for the next couple of years and the U.S. companies must seize the opportunities to enter the rising Indian market.
U.S. – India Trade
U.S. Exports to India in 2012: $41.5 billion
Imports from India in 2012: $60.2 billion
Total bilateral trade in 2012 (Goods and Services): $102 billion
Total Trade: Total bilateral trade in 2012 was $102 billion, a 9.7 per cent increase over 2011.
U.S. Exports to India in 2012 increased to $41.5 billion, a 7.8 per cent increase from the previous year.
Imports from India in 2012 increased to $60.2 billion, a 9.5 per cent increase from the previous year.
Business Insight Reports
From MBDA's Grow Your Business Blog
» Guide to Doing Business in India
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