Doing Business in India – the second fastest growing market in Asia !
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 equipment 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. According to Indian Economic Survey, growth of India’s GDP moderated to 6.8 per cent in 2018-’19 from 7.2 per cent in 2017-’18 and during the year 2019-’20, the economy is expected to grow by 7.3 per cent. Private demand is projected to remain strong and investment growth is expected to continue as the benefits of recent structural policy reforms likely to start materializing. India has potential for a sustained high growth for the next couple of years, and more and more U.S. companies must seize the opportunities to enter the rising Indian market.
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