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Exporting starts at home

A short while ago I dined at a very well known Leicestershire venue that attracts people from all over the country. The dessert menu included 'a selection of French cheeses'. Nothing wrong in that you may say but ponder a little longer and you begin to wonder why specifically French cheeses. That venue is but a few miles from the source of some of the best cheeses in the world, made locally in Leicestershire. The UK more widely makes a huge range of some of the finest cheeses that money can buy.

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India

India is the UK’s 18th largest export market, and its second largest export market in the developing world after China.

What are the opportunities?
India’s economy is one of the fastest expanding in the world, with a rapidly expanding consumer class. The UK has strong ties with India, and UK companies are well positioned to take advantage of this growing export and investment market.

Liberalisation of the economy continues apace, with trade barriers largely removed and the peak tariff down from 350% in 1991 to 20% in 2005. Privatisation programmes are gradually reducing the still-significant role of the public sector in the production and consumption of goods.

There are 16 broad sectors in which proactive UK companies can increase their profitability and international competitiveness:

•Aerospace (civil)
•Automotive
•Agribusiness
•Biotechnology and pharmaceuticals
•Construction
•Creative and media
•Education, skills and leisure
•Engineering
•Environment
•Financial and legal services
•Healthcare and medical
•ICT
•Oil and gas
•Power
•Transport
•Water

India Market Brief

This India guide (courtesy of UKTI & British Chambers of Commerce) gives a commercial summery of the region with key facts GDP by sector as well as useful contacts. This publication is also availible in print, Please email emita stating your name, company, address, telephone and email address and we will send it in the post to you free of charge.

emita has CD-ROM Trade Guides on trading with India. The India Trade Guide is a comprehensive guide to trading with and investing in India. It is aimed at British business leaders who want to expand into the Indian market, and contains a large amount of useful and interesting information and contacts.
Please email emita stating your name, company, address, telephone and email address and we will send it in the post to you free of charge.

The information provided above is merely an overview; should you require further details you can obtain comprehensive international trade assistance from UK Trade and Investment (UKTI). To find out more information about this country, visit the UKTI India web page.

If you're interested in attending an event relating to this country or the possibility of joining a trade mission, please visit the UKTI East Midlands website. If you would like to speak to a UKTI International Trade expert about doing business with this country, please call the UKTI East Midlands office on 01332 826394.

Please find below talks on 'Doing business in India' which can be found on the Henry Stewart Talks website which may by of interest:

1. Evolution of the Indian economy (31 mins)
Dr. Sumon Bhaumik - Aston Business School, UK

2. Indian culture: an introduction (43 mins)
Prof. Jai B. P. Sinha - Assert Institute of Management Studies, India

3. IT outsourcing in India (32 mins)
Prof. Rafiq Dossani - Stanford University, USA

4. Negotiating in India (35 mins)
Dr. Rajesh Kumar - University of Nottingham, UK

5. Understanding India's business climate: a national business system perspective (36 mins)
Prof. U. Srinivasa Rangan - Babson College, USA

6. The global Indian firm (42 mins)
Prof. Sam Hariharan - Babson College, USA
Prof. U. Srinivasa Rangan - Babson College, USA

East Midlands India Business Bureau (EMIBB) is the dedicated business support organisation to assist regional companies in developing business with India. For more information please contact Helen Deas on 0116 258 7327 or email info@eastmidlandsindia.org.uk