FedEx and the U.S. Commercial Service are working together on a trade mission to India for U.S. companies. The trade mission represents an opportunity to experience India with visits to leading business centers, production sites, and more. Participants will meet one-on-one with key contacts in the Indian government, industry decision makers, and other U.S. business executives already successfully operating in India.
Mission Details
Dates: November 9-15, 2008
Cities: New Delhi, Hyderabad, and Mumbai
Cost: $3,485 (exclusive of airfare and hotel)
Application deadline: September 15, 2008
For a general itinerary of the mission, please visit http://www.fedex.com/thinkindia/itinerary.html
To Register or for More Detail
If you would like to apply for the trade mission, please click on https://thinkindiatrade.c2.ixwebhosting.com/Form.html
For frequently asked questions regarding the trade mission, please visit http://www.fedex.com/thinkindia/faq.html
For questions, please contact Lyn Doverspike via email at lyn.doverspike@ or via phone at 421-644-2820 mail.doc.gov
Why India
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. India’s GDP, growing at 8.7% (for 2007-08), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years. Now is the time for U.S. companies to enter the rising Indian market.
Key factors to doing business successfully in India include: finding good partners who have knowledge of the local market and procedural issues; good planning; aggressive due diligence and follow up; and patience and commitment.
The U.S. Commercial Service in India offers customized solutions to help your business enter and succeed in the Indian market. Our India-wide network of trade specialists will work one-on-one with you through every step of the exporting process, helping you to:
- Target the best markets
- Promote your products and services to qualified buyers
- Meet the best distributors and agents for your products and services
Market Entry Strategy
- Finding partners and agents: New businesses must address issues of sales channels, distribution and marketing practices, pricing and labeling and protection of intellectual property. Relationships and personal meetings with the potential agents are extremely important. Due diligence is strongly recommended.
- Geographic diversity: U.S. companies, particularly small and medium-sized enterprises, should consider approaching India’s market on a local level. Good localized information is a key to success in such a large and diverse country. The U.S. Commercial Service offices in India can provide indispensable local information and advice and are well plugged in with local business and economic leaders. Often multiple agents are required to serve each geographic market in the country.
- Market entry options: Options include using a subsidiary relationship, a joint venture with an Indian partner, or using a liaison, project, or branch office.
Participating in the November Trade Mission can help you meet the right contacts to make the right decsision on your approach to market entry or expansion in India. Please consider participation.