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 estimates released by Central Statistical Organization (CSO), India’s GDP growth for FY 2017-18 was 6.7%. With the implementation of Goods and Services Tax (GST) since July 1, 2017 and 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. Exports to India in CY 2017: $48.3 billion Imports from India in CY 2017: $77.4 billion Total bilateral trade in CY 2017 (Goods and Services): $125.7 billion
The India Country Commercial Guide (CCG) provides a useful starting point for U.S. businesses pursuing export and investment opportunities in India. The CCG is prepared as a mission-wide document of the U.S. Embassy in India that is published annually. It reports India's economic trends and outlook; political environment; trade regulations, customs & standards; business travel; and economic and trade statistics. It also provides information on marketing U.S. products and services in India; leading Indian industry sectors for U.S. export and investment; trade and project financing for U.S. exporters; and U.S. and Indian business contacts.
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