Published: May 14th, 2019
It has the seventh biggest economy in the world and is the fourth-fastest growing trading nation across the globe.
It has strong links to the UK and, because of its history, a large English-speaking population.
In fact, the World Economic Forum predicts that India is growing at such a rate that it will overtake the USA in economic size within our lifetime.
So if you’re a company which is serious about growth – and wants to export – India is a natural target for your ambition.
But we know these things are sometimes easier said than done. To consider working with partners in a country which is so far away, so different to the UK and which has its own customs and practices is a daunting step.
Fortunately you can now find out everything you need to know about doing business on the sub-continent without leaving the comfort of your own office. A new virtual trade mission has been organised by the NatWest bank and the Department for International Trade to introduce UK businesses to the country and its culture.
The hour-long June 4 event takes the form of a webinar, with experts serving up tips and advice on breaking into the Indian market.
And there’s plenty of companies who are already reaping the rewards of doing just that.
The country moved up 30 points in the ‘ease of doing business’ ranking for the 2018 survey reviewed by the World Bank and the opportunities for UK manufacturers in India have never been greater.
The ‘Make in India‘ initiative aims to increase the country’s share of manufacturing in GDP from 16% to 25% by 2022.
All things being well, India should be on course towards having one of the largest manufacturing sectors in the world by 2025 with a market size of US$1trn. With a stable government, rich history of entrepreneurship, booming economy and ambitious plans for the future, India could be your perfect trading partner.
So why wait?
To book on to the virtual trade mission go to: https://register.gotowebinar.com/register/7610386678537362955
