See the following video from the National Export Initiative (NEI) …
India is seeing rapid economic growth, a growing middle class, and increased urbanization. India’s GDP in 2009 was the 11th largest in the world and 4th-largest in purchasing-power parity terms. GDP growth is expected to reach approximately 8% each year through 2015. Between 2002 and 2009, U.S. goods exports to India quadrupled, growing from $4.1 billion to more than $16.4 billion. India has large potential for investments in infrastructure in order to continue its growth: Over $1 trillion in infrastructure development needs between now and 2030 including in energy (renewable and civil nuclear), as well as in health care (medical technology, pharmaceuticals, and health IT), defense and homeland security, civil aviation (aircraft and infrastructure), retail and franchising, and ICT.
For more information about India:
Brought to you by Ray Hays, Member Arizona District Export Council.
Ray Hays serves as an international consultant for businesses that wish to enter new global markets or expand current operations abroad.