India Outlook 2010
Dale Tasharski
Commercial Counselor
U.S. Commercial Service
U.S. Embassy New Delhi
National Export Initiative
• Double Exports in 5 Years
• Create New Jobs
It’s a Big Deal.
All Eyes on India
Majestic India
Where things aren’t
always…
…what they seem to be.
•
Where old practices…
…are changing.
Where challenges…
…create opportunities.
India: The Market
• Sustainable Growth and
Opportunities
• Generational in Context
• Diverse
India: The Momentum
• Soon to Become 3rd
Largest Global Economy
• 5th Largest Consumer
Market
• Trade and Investment
Taking Off
India: The Metrics
• 7.5% GDP Growth
• Private Consumption
62% of GDP
• 71% Under 35 (Median
Age 25)
The Difference?
Net Importer
Internal Consumption
Private-Sector Driven
U.S. Exports to India
2006
2010
110%
Why Now? Why Today?
• Strengthening Rupee
• Large Capital Inflows
• Growing Consumer Class
India: Consumers
• Fuel 7-8-9-10% Growth
• Household Incomes will
triple
• Consumer Spending will
quadruple
583 Million by 2025
Are you lucky?
• Do you happen upon
opportunity?
• Listen to your hunches?
• Persevere in face of
failure?
Find a Good Driver?
Don’t Look Back
Keys to Success
• Market Perseverance
• Due Diligence
• Solid Partner
Traffic: Patience
Deal With
• Bureaucracy
• “Cultural” Business Practices
• Opaque Opportunities
U-Turns: Understanding
Face
• Re-Regulation
• Modified Duties
• Local Content Requirements
Road Blocks: Commitment
Work Around Issues
• Financing
• Intellectual Property
• Contract Sanctity
It’s not luck…it’s
Serendipity Talent
That’s Where We Come In
110%
Commercial Service India
• 65 Professional Staff in
7 Locations
• Programs , Services,
Advocacy
• Market Development and
Access
Opportunities in India
Safety and Security
Education
New and Renewable Energy
Food Processing
Healthcare and Medical
Opportunities in India
• Mining and Mineral
Processing
• Aerospace and Defense
• Franchising
• Telecommunications
Equipment
• Consumer Goods
• Rail
• Many More
Get Started Today
www.buyusa.gov/i