India to Double Exports

Dr. Bill Belew

Issue II - June 17, 2006

Introduction by Mr. Stolyarov: According to this article by Dr. Belew, India is in a colossal economic upward spiral that will result in the creation of numerous new jobs. The new jobs that the global economy has produced in India will lead to a greater number of Indian goods produced and exported to the rest of the world; this will mean more goods and a higher standard of living for consumers in virtually every region open to the global economy.

$100 billion in annual exports is India's new target.

Add to that 25 million new jobs within the next 4 years.

These are India's new economic goals.

India expects its low-cost labor force and expertise in engineering to continue to draw investment into the country's manufacturing sector.

India, of course, is known as a services hub. She would like to add to that growth in:

1. Engineering

2. Textiles

3. Drugs (legal)

&

4. Auto Parts

In any event, India will grow and grow and grow...

Do you have plans for business with India?

Why or why not?

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Dr. Bill Belew is a former Intelligence Officer for a Destroyer Squadron. He lived 20 years in Japan, where he started a language school for Japanese ECS. Dr. Belew teaches classes for a vocational school and online for a national university.

See Dr. Belew's blog, PanAsianBiz, for news and discussions about business and current events in Russia and Asia. See ZhongHuaRising for Dr. Belew's reports on business in China, RisingSunofNihon on business in Japan, and TheBizofKnowledge on business education.

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