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. As per the latest data available, India’s GDP growth for FY 2015-16 was 7.6%. 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. Please go to U.S. Embassy & Consulates in India website to read more facts about India and United States.
A lot of Indians do business with US-based companies and sometimes it includes going to the U.S. for a business trip. Always remember to get a Visitor Health Insurance before you visit the U.S. Go to this website to learn why it’s important to have a Visitor Insurance. Please go here to learn more about Visitor Health Insurance Plans.
If you live in the U.S. and you are going for a business trip to India or any other countries, you will need a travel insurance. Here you can learn more about Plans for Worldwide Travel offered by India Network Services.
U.S. – India Trade
U.S. Exports to India in CY 2016: $41.9 billion
Imports from India in CY 2016: $72.9 billion
Total bilateral trade in CY 2016 (Goods and Services): $114.8 billion
- Total Trade: Total bilateral trade in CY 2015 $109.3 billion, a 3.6 per cent increase over 2014.
- U.S. Exports to India in CY 2015 increased to $39.7 billion, a 5.6 per cent increase from the previous year.
- Imports from India in CY 2015 increased to $69.6 billion, a 2.5 per cent increase from the previous year.
Direct Line for American Business: The Direct Line for American Business program connects U.S. businesses with American Ambassadors and U.S. mission personnel overseas, making you part of our “country team.” You will get up-to-the minute information on markets vital to your business, and learn about new sectors and tenders to help you expand your business. For more information and to receive announcements of new calls, click here.
The Business Information Database System (BIDS) gives U.S. businesses up to date information about significant foreign government and multilateral development bank procurements. Through an interactive map interface, businesses can find new export opportunities, validated by U.S. government economic and commercial experts overseas. Public and private partners can link to or download BIDS data for matchmaking, analysis, or other purposes.
Country Commercial Guide
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.
To obtain more industry-specific information, please contact us.
Agriculture Related Business
How to do business in India
India offers promising export growth prospects for U.S. agriculture with a large and rapidly expanding middle class, rising disposable incomes and shifting consumption patterns toward higher-value agricultural commodities. India’s modern retail sector is expanding, food processors want access to a global supply chain, and food service chefs want to innovate and attract young and higher income consumers who are ready to try new products and global cuisines. Exporters should determine if a product has market access and be willing to start small and comply with specific labeling and packaging requirements.
Please go here to read the complete article.
If you’re going outside of United States for business, travel or to visit your family in India or any other country, we’re happy to offer you different travel insurance plans to fit any budget and travel goal. On this page you can compare and apply for Travel Insurance plans offered by India Network Services.
India Network Services is a US-based company that administers visitor health insurance and travel insurance to tourists, students, temporary workers and their families. Visitor medical plans are offered for all age groups (0-99 years old) with both fixed coverage, comprehensive coverage and with or without pre-existing condition coverage.
Please visit this page to get a quote for Travel Insurance Plans offered by India Network Services.