INDIA

Guru Nanak Institute of Management Studies Faculty : Dr. Jyotinder Chaddah Topic : India Trade with Latin America Subject : International Marketing (MMM Sem 5)

Pankaj Mishra Rohan Prabhu

: 16 : 26 : 31 : 20

LAC

Devesh Shetty Jayesh Parab

Latin America Overview and its countries Its Current Trade and Business with GDP Analysis Import and Export facts and figures Trade Agreements, Investments and JV with India Potentials of new trade and business with Latin America

Latin America is comprised of Central and South America. An important trade partner, United States trade with Latin America is approximately $134.5 billion in exports (20% of total exports).

Country

Population (millions) 2 2 22 2 2 2 .2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 .2 2 .2 22 2 2 2

GDP (bn. $) 22 22 22 2 22 22 2 2 2 2 22 2 2 2 22 2 2 2 22 2 22 2 2 2 2 2 2 2 2 2 2 2 2 2 .2 2 2 22 22 2 2

Argentina Brazil Paraguay Uruguay Venezuela Bolivia Colombia Ecuador Peru Chile Costa Rica Guatemala Honduras Nicaragua El Salvador Panama Belize Dominican Republic Mexico Cuba

Total Imports (bn. $) 22 22 4 4 22 2 2.2 2 2 .2 2 2 2 .2 2 2 2 2 2 2 2 2 2 2 2.2 2 2 .2 2 .2 2 .2 2 2 2 .2 2.2 2 22 2 2 2

Total exports (bn $) 22 22 2 2 22 2 2 .2 2 .2 22 2 2 .2 2 2 2 2 2 2 2 2 2 2 2 .2 2 2 2 .2 2.2 2 2 .2 2 .2 22 2 2 .2

T ta o l

22 2. 2

22 . 22 2

22 2. 2

22 2. 2

Go D m icPo u t Go th r ss o est r d c r w
Cuty on r A etn r n a g i Blv o i i a Bz r i al Cie h l Cl ma o b o i Csa i a ot R c Cb ua Eudr cao ESl ao l a dr v Ga ma ut a e l Ht ai i Hnu s odr a Mx o ei c N a ga i r u ca Pnm aa a Pr ga a uy a Pr eu Dmi a Rpbc o i cn eul n i U ga r uy u Vnz e e eul a Tt l oa 22 2 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2. 2 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 44 4 4 2 . 2 2 . 2 -2 .2 -2 .2 2 . 2 -2 .2 2 . 2 2 . 2 -2 .2 2 . 2 2 . 2 -2 .2 -2 .2 -2 .2 2 . 2 -2 .2 2 . 2 2 . 2 2 . 2 -2 .2 -2 44 4 4 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 2 . 2 -2 .2 2 . 2 2 . 2 2 . 2 2 . 2 2 2 2 . 2 2 . 2 2 . 2 -2 .2 2

Indias trade with Latin America has gone up toUS $ 23 billion in 2010 from US $ 2.6 billion in 2001. Indian exports to the region increased from 1.5 billion dollars in 2001 to 9 billion in 2010 and imports went up to US $ 14 billion in 2010 from 1.1 billion in 2001. Brazil is the leading trading partner of India, followed by Mexico, Argentina, Chile and Colombia.

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

Year Indias Exports Indias Imports 1.1 1.7 1.9 2.3 3.1 5.2 6 11 9.7 14 1.5 1.7 1.7 2 3.2 4 5 8 7.5 9

Indias exports to Latin America

India- Mercosur PTA Total trade with MERCOSUR during 2003-2004 ---US$ 1416.65 million
(Offer List of MERCOSUR for tariff concession on Indian products in MERCOSUR. It contains 452 Products)
Exports : Approximately US$ 566.96 million Major Exports : Drugs, pharmaceuticals and fine chemicals, transport equipment, inorganic/ organic/ agro chemicals, cotton yarn and cotton and manmade fabrics, readymade garments, dyes, intermediates and coal tar. Imports : Approximately US$ 849.69 million Major imports : Edible oils (primarily soya), metal scrap and non-electrical machinery.

4 India-SICA

[consisting of eight countries Belize, El Salvador, Honduras, Panama, Costa Rica, Guatemala, Nicaragua and the Dominican Republic an associate member] meetings are held from time to time at the level of foreign ministers. 2 India has already set up IT training centers in five SICA countries viz. Panama, Guatemala, Nicaragua, El Salvador, and Honduras and will be setting up IT centers in Belize, Costa Rica and the Dominican Republic. India has offered lines of credit to all the SICA countries.

Brazil
Marcopolo Tata motors Sunley Fashion --- Shoes(chennai) Weg Motors and Genrators --Bangaluru Stefanini --- IT sector Perto --- ATM SBI.

Argentine companies

Galileo --- CNG technologies Reliance Biosidus --- Biotech products

Mexican companies
Cineopolis Homex

--- Multiplex

---- Daksh builders Low cost

House.

 Colombia
4

FANALCA has got a contract for collection and processing of solid waste in one third of the city of Chennai employing 2600 Indian workers.

Peru
2

Aje Group has established a plant in Patalaganga in Maharashtra for production of cola drinks and mineral water ( 40,000 bottles per hour) since December 2010.

Cuba
2

Biocon has a joint venture with Cuba for manufacture of vaccines in India with Cuban technology.

Infrastructure development in the region. Investment in commercial forestry and paper pulp in Argentina, Brazil, Uruguay and Chile and take back timber and paper pulp. Mining Industry in Peru. Entertainment Industry IT Sector