Looking to have on Export Business the only probl;em facing is not getting proper way to go for it.
Respected Experts
My name is Deepesh belong to India and i m looking forward to have my Import Export Business i have two commodities in my mind but still want to know from Experts that what they Think is best Product to Import in India or Export from India.
Please also tell me what will me first few steps to go for My Business.
Regards and Thanks
Deepesh
Answers (1)
From what I have learned at my school, India's export and imports are due to increase in the next five years. It is supposed to be very similar to China, but I don't think it will be quite as large. It seems safe to look into the Information Technology industry. Cell Phones seem to be a growing technology out of India. Computers and internet access is still on the rise. All makes up a large part of India's GDP. The main concern will be competition for your company and tech companies.
My professor recommends that we use two websites for our research. The CIA World Factbook gives general numbers and info about the country and really easy to read. Nation Master gets a little more in-depth. I have attached the sites to the pages specifically for India. From there you can see which of the country's strength's and weaknesses for each industry.
Also look for government agencies to help with your start-up.
Good Luck!
