India is the world’s fastest growing democracy. The country’s trillion dollar economy grew by a remarkable 9.4 percent in the fiscal year ending in March 31, 2007. Its economy is expected to grow at a similar rate in the current fiscal year. This impressive growth has made India one of the best performing economies in the world.
A one-of-a-kind experience.
FedEx and the U.S. Commercial Service are working together on a trade mission to India to help U.S. businesses determine how India can be included in their international expansion plans. The trade mission represents an opportunity to experience India with visits to leading business centers, production sites, special economic zones, and more. Participants will meet face-to-face with key contacts such as Indian business executives, industry decision-makers, government officials, trade specialists, and others. U.S. business executives who are already successfully operating in India will also be present.
Additionally, the U.S. Commercial Service will be available to help U.S. businesses find partners, distributors, agents and buyers in India. This is a unique experience that will provide participants valuable networking opportunities and market intelligence to help them successfully expand into this dynamic market.
Mission Details
Dates: November 9-15, 2008
Locations: New Delhi, Hyderabad, Mumbai
Cost: $3,485 (includes one-on-one
meetings at all 3 cities)
Application Deadline: July 15, 2008
For a general itinerary of the mission, please visit http://www.fedex.com/thinkindia/itinerary.html
View the FedEx India Trade Mission Flyer (218KB)
To Register Click Here
About India and the Indian Market
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.
Contacts
Indian Business Center: Click Here to visit the Indian Business Center and learn more about this promising market.
For additional information or questions please contact your local trade specialist.