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Global NY Webinar on Doing Business in India
October 18, 2022: 9:30 am
Expand Your Presence in the Global Marketplace
Global NY’s latest initiative provides export education to NYS small and medium-sized businesses through a series of expert-led webinars. Tapping into Global NY’s international network of trade representatives—from Africa, Canada, China, Europe, Israel, Mexico and South America—this series gives participants advanced exporting information with localized insights on a number of trade-related topics.
Join Global NY Webinar on Doing Business in India
Tuesday, October 18, 2022, 9:30 AM EDT
With representatives around the world and programs offering export funding and assistance, Global NY helps New York businesses enter or expand their presence in the global marketplace. Global NY is pleased to announce the launch of a new trade office in India.
A large, dynamic economy with an expanding middle class, India continues to represent huge opportunities for businesses. Bilateral U.S.-India trade in goods and services jumped from $120.6 billion in 2020 to $159.1 billion in 2021, signaling resilience in the commercial relationship between the United States and India. Moreover, after Indian GDP declined by 7.3 percent in 2020, the IMF estimated Indian GDP growth to achieve 9.0 percent in 2021. The Indian economy is projected to grow by 6.4 percent in 2022. India jumped three places to become the United States’ ninth largest trading partner in 2021, with sales of U.S. goods and services valued at $56.8 billion.
The following sectors provide growth opportunities for U.S. companies in the Indian market:
- Civil Aviation
- Environmental Technologies
- Food and Agriculture Value Chain
- Information and Communication Technology
- Travel and Tourism
- Safety and Security