India Business Outlook 2011 Greg O’Connor Principal Commercial Officer U.S. Commercial Service...

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India Business Outlook 2011

Greg O’ConnorPrincipal Commercial Officer

U.S. Commercial Service

U.S. Embassy, New Delhi

India Today

Source: Based on 2010 India Fact Sheet / CIA Fact File

7th largest country in the world

Most populous democracy in the world

71% of the population is under the age 35)

The Faces of India

“No problem, Sir” –

You have a problem

“Will be done in 5 minutes” - Better check the next day

“Almost done”. –

He'll get started now

The Head Bobble

Can you Count?? Lakh - 100 thousand

(1,00,000) Crore - 100 lakh

(10,000,000)

“No problem, Sir” –

You have a problem

“Will be done in 5 minutes” - Better check the next day

“Almost done”. –

He'll get started now

The Head Bobble

Can you Count?? Lakh - 100 thousand

(1,00,000) Crore - 100 lakh

(10,000,000)

The Language of IndiaThe Language of India

The Paradox of India

8-9% GDP growth

Per Capital GDP is $3400

Inflation of 11.7 %

Exports of $201 billion U.S. is Second Largest Export

Market - 12.59%

Imports of $327 billion U.S. is Second Largest Source of

Imports - 7.16%

Economic Environment

Your Firm Should be in India

Large and Growing Domestic Market

Stable Government

Sound Economic Fundamentals

Steady Economic Reform

US-India Trade($ Billions)

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010

2.53.8

56.1

8

10.1

17.618.7

16.4

19.2

10.3

11.813.1

15.6

18.8

21.8

24

25.8

21.2

29.5US Exports

Indian Imports

India – Key Growth Sector

Energy Sector - Opportunities in Clean Energy; Renewable Energy; Oil & Gas

Civil Aviation - Procurement of over 1000 airplanes over the next 20 yrs

Defense - Largest global buyer at $60 billion over next 5-7 years.

India – Key Growth Sector

Healthcare Sector - Estimated at $50 billion.

Telecom Sector - Broadband Wireless/WIMAX opportunity of about $3 billion.

Infrastructure Sector - $1 trillion investment over the next 5 years in Power, Ports, Airports, Roads, etc.

Services Sector - In 2009, the services sector was valued at $680 billion

Out of 183 Countries, India Ranks:

Ease of Doing Business 134

Protecting Investors 44

Trading Across Borders 100

Enforcing Contracts 182

Ease of Doing Business

Source: World Bank 2011

Commercial Service India

50 Professional Staff in 7 Locations

Strategically Focused

Your Business Solution Provider

Let Us Help You

Services

Customized Matchmaking Services

Partner Searches Background Checks on Local

Companies Trade Missions and Events Advocacy Commercial Diplomacy

3 Ps (Preparation, Persistence and Patience) = SALES

You Can Succeed in India

Greg.O’Connor@trade.gov

www.buyusa.gov/india