Canada Exports Bringing Canada To The World
Global Commerce Export opportunities in India require patience and persistence
India became the fastest growing large economy in the world last quarter, pushing China down into second spot, according to official data.
The news comes on top of a year of frantic optimism about India’s future, following the election in May of 2014 of a charismatic, pro-business prime minister who is vowing to weed out corruption and inefficiencies and attract greater foreign investment. Investors bid up Indian stocks last year by more than 30 per cent.
In this environment, many Canadian businesses are looking to India as a lucrative market for their goods and services. But experienced players warn that before venturing overseas, companies must do their due diligence.
“This is the most important market in the world right now,” says Nathan Andrew Nelson, Export Development Canada’s chief representative for India. Read More…