Export opportunities from 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. As per the latest data available, India’s GDP growth for FY 2014-15 was 7.3%. 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.
U.S. Exports to India in CY 2014: $37.2 billion
Imports from India in CY 2014: $65.7 billion
Total bilateral trade in CY 2014 (Goods and Services): $103 billion
- Total Trade: Total bilateral trade in CY 2014 was $103 billion, a 6.5 per cent increase over 2013.
- U.S. Exports to India in CY 2014 increased to $37.2 billion, a 4.3 per cent increase from the previous year.
- Imports from India in CY 2014 increased to $65.7 billion, a 7.7 per cent increase from the previous year.
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.