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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 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 advance estimates released by Central Statistical Organization (CSO), India’s GDP growth for FY 2016-17 was 7.1%. With expected continuance of the government’s liberal policies and with soon to be implemented Goods and Services Tax (GST), 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. – 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 2016 was $114.8 billion, a 5.03 per cent increase over 2015.
  • U.S. Exports to India in CY 2016 increased to $41.9 billion, a 5.54 per cent increase from the previous year.
  • Imports from India in CY 2016 increased to $72.9 billion, a 4.74 per cent increase from the previous year.

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.

Other on-line reference resources:

Contact Us

To obtain more industry-specific information, please contact us.


Related Topics
India Business Center
  • Contact the India Business Center in Washington, DC for questions guidance at Indiabic@trade.gov or 1 800 USA TRAD(E) (1 800 872 8723).
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