INDIA

POLAND

INDIA

Indian Economy

  • India is currently one of the fastest growing economies in the World with GDP growing at 9.1% in April 2006 - September 2006 (GDP growth in Apr 2005-Mar 2006: 9.0%)

  • India is the fourth largest economy (US$ 3 trillion GDP) in terms of Purchasing Power Parity after USA, China and Japan.

  • Large and growing market of 1 billion people of which 300 million are middle class consumers. India offers a vibrant market of youth with 54% of population below the age of 25 years.

  • The number of households with "high income" is expected to increase by 60% in the next four years to 44 million households.

  • India has a sound banking system coupled with a well developed, vibrant but tightly regulated capital market.

  • India has a diversified and large industrial base, which is becoming globally competitive

  • India has the largest pool of low cost skilled workers apart from second largest pool of engineers, scientists and information technology professionals

  • 100% Foreign Direct Investment is allowed on automatic basis in most of the sectors

  • Special incentives and tax-breaks are given for certain sectors/zones.

  • India's economy has registered an ever increasing growth curve. India is a leading destination for foreign investment, with several positive indicators like a stable 8-9 per cent annual growth, rising foreign exchange reserves of close to US$ 180 billion, a booming capital market with the popular "Sensex" index topping the majestic 14,000 mark, the Government estimating FDI flow of US$ 12 billion in this fiscal, and a more than 35 per cent surge in exports.

  • The economy has grown by 8.9 per cent for the April-July quarter of '06-07, the highest first-quarter growth rate since '00-01.

  • The growth rate has been spurred by the manufacturing sector, which has logged an 11.3 per cent rise in Q1 '06-07, according to the GDP data released by the Central Statistical Organisation. It was 10.7 per cent in the corresponding period of the last fiscal year. The GDP numbers come just weeks after the monthly IIP growth figures have touched 12.4 per cent.

  • Agriculture, which accounts for nearly a quarter of the GDP, has also grown by a healthy 3.4 per cent, unchanged from the corresponding period of last fiscal.

  • Other propellers of GDP growth for the first quarter this fiscal have been the trade, hotels, transport and communications sector which grew by 9.5 per cent and construction, which grew by 13.2 per cent. In the corresponding period of last fiscal, these sectors grew by 11.7 per cent and 12.4 per cent, respectively.

  • Electricity also grew by 5.4 per cent this first quarter as opposed to 7.4 per cent in the same period last year. The overall growth in this sector was fuelled by growth in July and August. The services sector also grew by 10.6 per cent in the first quarter of '06-07. It was only 9.8 per cent last year in the same period.

  • There has been exceptional growth rate in some specific industries, like commercial vehicles at 36 per cent, telephone connections, by 48.9 per cent and passenger growth in civil aviation by 32.2 per cent.



    TRADE/ INVESTMENT

    • India's macro-economic fundamentals are sound: total exports of goods and services for 2006-07 are US$ 196.23 billion and the trade deficit (for both goods and services) is US$ 16.14 billion. Furthermore, India's forex reserves continue to be at a comfortable level and consistent with the rate of growth, the share of external sector in the economy and the size of risk-adjusted capital flows. The Government is focusing on infrastructural development to attract foreign direct investment (FDI) and India is already building more highways than any other country in the world.

    • The booming stock market in the last three years has seen the value of foreign portfolio investments growing by about 129 per cent to US$ 119 billion; a total of 992 foreign institutional investments (FIIs) from 39 countries have invested US$ 52 billion in domestic shares.

    • FDI in the country jumped 100 per cent over two years, from US$ 3.75 billion in 2004-05 to US$ 7.231 billion till November 2006.

    • FII inflows in 2006-07 were around US$ 9.18 billion while the number of registered FIIs in the current fiscal went up to 1,030 from 813 at the beginning of the fiscal.

    Economic Survey 2006-07 :

    • Advance estimates of gross domestic product (GDP) for 2006-07, released by the Central Statistical Organisation, places the growth of GDP in the current year at 9.2 per cent.

    • While services maintained its vigorous growth performance, there were distinct signs of sustained improvements on the industrial front.

    • The overall macroeconomic fundamentals are robust, particularly with tangible progress towards fiscal consolidation and a strong balance of payments position.

    • With an upsurge in investment, the outlook is distinctly upbeat.

    Agriculture

    • One of the world’s largest food producers (600 million tones).

    • World’s largest producer of milk, sugarcane and tea.

    • Second largest exporter of rice, wheat, fruits, and vegetables. India produces 30 million tones of fruits and 59 million tons of vegetables.

    • Fourteen states, including Maharashtra, Punjab, Andhra Pradesh and Rajasthan amended the Agricultural Produce Marketing Committee (APMC) Act IN 2006-07, which allows farmers to sell their produce directly to buyers offering them the best price.

    • Agriculture sectors such as horticulture, floriculture, development of seeds, animal husbandry, pisciculture, aqua culture, cultivation of vegetables, mushroom under cultivated conditions and services related to agro and allied sectors are open to 100 per cent foreign direct investment (FDI) through the automatic route.

    Economic Survey 2006-07 estimates for agriculture sector:

    • Agricultural growth is pegged at 2.7 per cent.

    • Total food grains production in 2006-07 estimated at 209.2 metric tonnes (MT).

    • Total water availability in reservoirs up 10 per cent to 120.2 billion cubic meters (BCM) at the end of monsoon 2006.

    • Fishing, aquaculture, and allied activities made for 5.3 per cent of the agricultural gross domestic product (GDP).

    • Production of wheat and other rabi crops brightened with welcome rain in February 2007--sugarcane, cotton, jute and mesta to set new records

    • Manufacturing

    India, according to McKinsey Research, has all the required skills in process, product, and capital engineering, thanks to its long manufacturing history and higher-education system. Manufacturers from across the world are thus setting up shop in India.

    India's vast domestic market and relatively low-cost workers with advanced technical skills will make it a manufacturing powerhouse within 5-10 years. Already, more and more multinationals are setting up operations in India: ABB, Honeywell and Siemens in electrical and electronic products; Cummins, DaimlerChrysler, and Toyota in auto components and engineering; and Degussa as well as Rohm and Hass in specialty chemicals. All these operate in skill-intensive industries requiring advanced technical expertise--areas in which India is likely to become a primary sourcing and manufacturing base.

    • Manufacturing output

    India's manufacturing output increased 11.6 per cent in January 2007 from a year earlier, according to a report by the Central Statistical Organisation. Going by the report, production at factories, utilities and mines increased 10.9 per cent, following the revised 12.5 per cent gain in December 2006, going beyond analysts' expectations of a rise of 10.1 per cent.

    The Index of Industrial Production (IIP) in December 2006 went up 11.1 per cent over the corresponding month of the previous year, according to Government data. The manufacturing sector, which has an almost 80 per cent weightage in the Index, went up by 11.9 per cent.

    Economic Survey 2006-07 estimates for manufacturing sector:

    Impressive growth in industrial sector is propelled by the robust growth in the manufacturing sector which continues unabated.

    Year-on-year industrial growth of 10.6 per cent in the first nine months of 2006-07 was the highest recorded since 1995-96; growth of the manufacturing sector was in double digits.

    The Eleventh Plan (2007-12) target of 10 per cent annual industrial growth appears achievable.

    Industry

    • Diversified and large industrial base, which is becoming globally competitive. Examples, Tata Steel and NALCO are the lowest cost manufacturers of steel and aluminum in the world. Moser Baer is one of the top three manufacturers of CD ROMs in the world. Bharat Forge is one of the leading suppliers to auto giants, such as Ford, General Motors, and Toyota.

    • India’s Hero Honda is the world’s largest motorcycle manufacturer with production of 1.7 million units. India is one of the largest markets for motorcycles. Honda and Kawasaki have made India their global export hub.

    • The Indian companies have drawn up ambitious plans for expanding and diversifying their manufacturing activities with about 12 billion dollars in the next three years. Most of the companies have been able to generate the funds from their own operations. The areas whose output is being scaled up are automobiles, auto parts, metals, chemicals, pharmaceuticals and electronics.

    • The pharma industry of India has become a knowledge-based one and has gained global recognition as a producer of low cost high quality bulk drugs and formulations.

    • The chemical industry is becoming competitive and has very high growth potential for production for local market as well as exports. Bayer AG, the German chemical and pharmaceutical company has identified India as the outsourcing hub for basic and specialty chemicals.

    • There are 150 biotechnology companies whose business is growing exponentially.

    • The auto parts industry has emerged as one of the country’s fastest-growing manufacturing sectors and a globally competitive one with turnover of more than US$ 5 billion. ‘Bharat Forge’ of India is the world’s largest manufacturer of front axles for trucks. India has emerged as an outsourcing center for auto parts for companies such as Ford, Daimler Chrysler, Fiat Volvo and Renault. Visteon and Delphi, the world’s largest component manufacturers have entered India for production. Toyota has made India as the global hub for transmission systems. Volvo and GM have set up purchasing offices. A rising share of Indian auto parts exports goes to original equipment manufacturers (OEMs).

    • The Indian auto industry has grown to a capacity of 1.2 million units per year. Annual Car sales are in excess of one million units.

    • Tata Motors have developed cars based on indigenous design and manufacture with 100 per cent of Indian parts and have established themselves as one of the leaders in Indian automobile industry.

    • Hyundai has made India as the hub for their worldwide exports of small cars.

    • The textile industry of India, the second largest in the world, is undergoing modernization .According to a DHL-Mckinsey Study, India’s share in world textiles will go up from 4 per to 6.5 per cent by 2008.

    • India is the second largest cement producer in the world with 110 million tons.

    • India is the world’s premier center for diamond cutting and polishing. Nine out of every 10 stones sold in the world pass through India.

    • India has a large entertainment industry, which produces 800 movies per year overshadowing Hollywood. The turnover is in the range of US$ 6 to 7 Billion.

    Indian Investment Abroad

    • Indian companies have started venturing into other countries for marketing, production, acquisition, and even research and development. Investment abroad by Indian companies in 2002-03 was US$ 1048 million.

    • Cross border M&A acquisitions by Indian firms have gone up.

    • Indian firms have more than 400 investments / joint ventures in UK, mostly tech-oriented. India is the eighth largest investor in UK.

    • There are more than 1400 Indian companies operating in Singapore. Of these more than 450 are technology enterprises.

    • Seven Indian companies are listed in NYSE and three in NASDAQ. There are over 15 companies listed in LSE.

    • While the acquisition of foreign companies started off in the IT and related services sector, it has now spread to other areas.

    • A. V. Birla group has presence in 18 countries and has overseas revenue of US$ 1.8 billion excluding their exports of US$ 900 million. Their overseas employees total 12,000 in 20 countries.

    • ONGC Videsh Ltd.(OVL) has investing nearly 3 billion dollars in discovered / producing oil fields in Sudan, Russia and Angola and gas fields in Vietnam. Besides, OVL has acquired exploration assets in Myanmar, Libya, Iran, Iraq and Syria. OVL is interested in acquisition of equity oil in Venezuela and West Africa. GAIL and IOC have also started investment and operations outside India.

    • Ranbaxy, the largest Indian pharma company, gets 70 per cent of its one billion dollar revenue from overseas operations and 40 per cent from USA. It exports to 70 countries, has ground operations in 25 markets and manufacturing in seven countries including China.

    • Dr. Reddy Labs acquired a US firm in May 2004 dealing with speciality drugs.

    • Tata Consultancy Services (TCS) has 28,000 employees of 30 nationalities providing IT Solutions in 32 countries. TCS has software development centers in 9 countries outside India.

    • Tata Tea has bought Tetley of UK the biggest tea bag maker for US $ 430 million. With this acquisition, Tata Tea became the second largest tea company in the world.

    • Foreign direct investment (FDI)

    India's FDI inflows -- US$ 19 billion in 2006-07-- constitute 2.3 per cent of the country's gross domestic product (GDP). The directional flow of FDI into manufacturing and export of goods and services is contributing immensely to India's export efforts.

    India received US$ 50.09 billion FDI inflow during August 1991 - January 2007 (excluding the reinvested retained earnings) with only Mauritius contributing 35.25 per cent (US$ 17.66 billion) during the same period. The United States and the United Kingdom stood second and third respectively--with FDI inflows worth US$ 5.7 billion and US$ 3.6 billion to India.

    The top five sectors which are the highest grossers of FDI during August 1991 - January 2007 are computer software and electronics (US$ 8.13 billion), services sector (US$ 7.33 billion), telecommunications (US$ 3.87 billion), transportation industry (US$ 3.58 billion), and power and oil refinery (US$ 2.8 billion).

    Remittances by overseas Indians, as reflected in private transfers in the balance of payments, touched a new high of US$ 8,145 million during the quarter ended December 2006 -- the highest-ever received by the country in any single quarter. Remittances for the entire calendar year 2006 touched US$ 26.9 billion.

    Foreign Trade

    In the last three years, India's exports have almost doubled and its share in world trade has increased from 0.7 per cent to 1 per cent. The export basket has expanded during 2006-07:

    • Engineering exports touched US$ 24 billion --a 40 per cent growth on top of the export earnings of US$ 20 billion in 2005-06.

    • Exports of machinery, instrumentation and engineering goods grew by 35 per cent.

    • Merchandise exports surged to US$ 125 billion, from US$ 63.84 billion three years ago.

    • Service exports touched US$ 71.64 billion.

    • Exports of granites, marbles and stones from the country crossed US$ 948.6 million for the first time.

    • IT services, BPO and electronic hardware are estimated to have touched US$ 23.6 billion during the first nine months of 2006-07.

    • India's passenger vehicle exports, dominated by cars, quadrupled during 2001-06 (from 46,028 units to 164,965 units). Total export CAGR during 2001-06 was 41.72 per cent, with cars and jeeps clocking 33 per cent. India’s Trade April – March 2003 - 2004 (Figures in million dollars)

    Lines of Credit (LOC)

    India has so far given Rs. 2730 crores and US$ 487 million as government-to-government LOCs to 36 countries. This includes 13 countries in Asia, 14 in Africa, 3 in Latin America Caribbean and 6 in CIS region. Since 1994, Rupee credit has been discontinued and only dollar credit is given.

    A credit line of 200 million dollars has been announced for NEPAD projects in Africa. Another LOC of 500 million dollar has been announced for TEAM-9 countries in West Africa.

    • The Government-to-Government LOCs are given with attractive concessional terms. For HIPC countries the interest rate is fixed at 1.75 per cent payable in 20 years. For other countries the interest rate is LIBOR Plus 0.5 per cent payable in 8 - 15 years.

    • The Exim Bank of India has extended commercial LOCs to a number of countries and multilateral agencies. Exim Bank has operative LOCs to 24 countries.

    Quality of Indian products

    • It is not just the low-cost which is driving India’s exports. Quality of some Indian products has come to be recognized globally. Apart from the ISO certification got by over 5000 companies, some Indian companies have won special recognition for excellence in quality. Out of the 18 Deming Prize Winners for Total Quality Management in the last five years, six are Indian companies. Another 18 manufacturing plants of 10 Indian companies have been recognized by the Japanese Institute of Plant Management for excellence. Sundaram Fastener has been a regular winner of annual “ Best Supplier Award “ from GM. Rane engine valves received the best supplier award from Deutz AG, a leading German engine manufacturer. Cooper Tireand Rubber company of India has been awarded “ Gold World Excellence Award “ of Ford motors.

    • India has the largest number of annual bulk drug filings (77) with USFDA. India is home to the largest number of pharma plants approved by USFDA outside USA. Indian pharma companies have also got certification from European and Australian drug authorities.

    Foreign Investment - Policies and Procedures

     The Common Minimum Programme of the government states that “FDI will continue to be encouraged and actively sought particularly in areas of infrastructure, high technology and exports where local assets and employment are created on a significant scale. The country needs and can easily absorb at least two to three times the present level of FDI inflows”.

    • Foreign investment can be done in all sectors except four sectors: retail trade, housing and real estate, agriculture and lottery and gambling. In most of the sectors foreign investors can go through the Automatic Route without need for any approvals. The investor has to merely keep the Reserve Bank of India informed of the flow of funds and issue of shares. In some sectors ( examples: courier services, gas pipelines and trading ), prior approval is needed

    • There are maximum limits on foreign investment in some sectors. Examples: telecommunications (49%), insurance (26%), banking (74%), mining (74%) aviation (49%),defence equipments(26%), cable network(49%),trading (51%),print media(26%) and small-scale industries (24%). FDI in excess of 24% is permitted in small-scale industry at 50% export obligation.

    • Prior approval of the government is needed for those cases, which need industrial license ( examples: alcoholic beverages, cigarettes,defence equipments, gunpowder and hazardous chemicals. ) and those involving investment beyond the maximum limits. Such cases are cleared by the Foreign Investment Promotion Board in a transparent, efficient, time-bound and predictable manner. The FIPB meets once a week.

    • The Department of Industrial Policy and Promotion is the nodal agency for information and assistance to foreign investors. Their website www.dipp.nic.in has comprehensive information for foreign investors and gives weekly update on proposals for foreign investment under consideration. It also gives information on projects available for foreign investors and contains online applications for clearances.

    • The Various state governments in India offer competitive incentives and attractions to foreign investors.

    • Intellectual Property Rights Laws of India are well on track with the rest of the world. With the third amendment to the already substantially revised Patents Act by end 2004, India would be TRIPS-Compliant before the deadline of 1 st January, 2005.

    • Capital account convertibility for foreign investors.

    Potential for investment in India

    The Government is focusing on expansion and modernization of roads and has opened this up for private sector participation. 48 new road projects worth US$ 12 billion are under construction. Development and upgradation of roads will require an investment of US$ 24 billion till 2008. Private sector participation in road projects will grow significantly.

    • Special incentives and tax-breaks are given for certain sectors such as power, electronics, telecom, software, hydrocarbons, R&D and exports.

    • The railway sector will need an investment of US$ 22 billion for new coaches, tracks, and communications and safety equipment over the next ten years.

    • Upgradation and modernization of airports will require US$ 33 billion investment in the next ten years.

    • There is potential for investment in the expansion and modernization of ports. The government has taken up a US$22 billion ‘Sagarmala’ project to develop the Port and Shipping sector under Public-Private Partnership. 100 percent FDI is permitted for construction and maintenance of ports. The government is offering incentives to investors.

    • The Ministry of Power has formulated a blueprint to provide reliable, affordable and quality power to all users by 2012. This calls for investment of US$ 73 billion in the next five years. Opportunities are there for investment in power generation and distribution and development of non-conventional energy sources.

    • There is potential for investment in urban infrastructure projects. Water supply and sanitation projects alone offer scope for annual investment of US$ 5.71 billion.

    • The entire gamut of exploration, production, refining, distribution and retail marketing present opportunities for FDI.

    • India has an estimated 85 billion tones of mineral reserves remaining to be exploited. Potential areas for exploration ventures include gold, diamonds, copper, lead zinc, cobalt silver, tin etc. There is also scope for setting up manufacturing units for value added products.

    • The telecom market, which is one of the world's largest and fastest growing, has an investment potential of US$ 20-25 billion over the next five years. The telecom market turnover is expected to increase from US$ 8.6 billion in 2003 to US$ 13 billion by 2007.

    • The IT industry and IT-enabled services, which are rapidly growing offer opportunities for FDI.

    • India has emerged as an important venue for the services sector including financial accounting, call centers, and business process outsourcing. There is considerable potential for growth in these areas.

    • Biotechnology and Bioinformatics, which are in the government's priority list for development, offer scope for FDI. There are over 50 R&D labs in the public sector to support growth in these areas.

    • The Indian auto industry with a turnover US $ 12 billion and the auto parts industry with a turnover of 3 billion dollars offer scope for FDI.

    • The government is encouraging the establishment of world-class integrated textile complexes and processing units. FDI is welcome.

    • While India has abundant supply of food, the food processing industry is relatively nascent and offers opportunities for FDI. Only 2 percent of fruits and vegetables and 15 percent of milk are processed at present. There is a rapidly increasing demand for processed food caused by rising urbanization and income levels. To meet this demand, the investment required is about US$28 billion. Food processing has been declared as a priority sector.

    • The Healthcare industry is expected to increase in size from its current US$ 17.2 billion to US$ 40 billion by 2012.

    • The Government has recently established Special Economic Zones with the purpose of promoting exports and attracting FDI. These SEZs do not have duty on imports of inputs and they enjoy simplified fiscal and foreign exchange procedures and allow 100% FDI.

    • The travel and tourism industry which has grown to a size of US$ 32 billion offers scope for investment in budget hotels and tourism infrastructure.

    Infrastructure

    Although the infrastructure of India has not kept pace with the times, there are ambitious plans for expansion and modernization.

    • The “Golden Quadrilateral” Plan (5850 Kms costing US$ 5.5 billion) for linking the four metropolitan cities of Delhi, Mumbai, Chennai, and Kolkata with modern highways is already underway. North South (Srinagar to Kanyakumari) and East-West (Silchar to Porbendar) highways with a length of 7,000 kms are also under construction. Another project to connect all major cities with 10000 kms of roads costing 9 billion dollars has been launched.

    • Ports and terminals are being modernized and services are privatized.

    • The “Sagar Mala” project launched for expansion and modernization of ports, inland navigation and maritime transport. This involves an investment of US$ 22 billion in a period of ten years. While the Government will take care of 15% of the investment, the rest will come from the private sector. The cargo handling capacity is expected to increase to 565 million tones in 2006-07 from 412 million tones.

    Special Economic Zones (SEZ)

    The Government has allowed SEZs (the Export Processing Zones have now become SEZs) for production and services for exports since April 2000. A whole host of tax and other benefits are given for units in SEZs. Even the Labour Law has been made flexible in these zones.

    There are 14 functioning SEZs and approval has been given for another 14. These account for 22% of annual exports. The Government is allowing opening of more SEZs. 100% FDI is permitted.

    More information on: www.sezindia.nic.in

    India micro economic data : click : http://www.eximbankindia.com/ind-eco.pdf

    Web Sources

    (www.indiainbusiness.nic.in)

    Foreign Investment

    Economy

    www.dipp.nic.in

    www.finmin.nic.in

    www.fipb.nic.in

    www.planningcommission.nic.in

    www.rbi.org

    www.cmie.com


    www.icrier.res.in


    www.ncaer.org

    Foreign Trade

    Chambers of Commerce and Industry

    www.commerce.nic.in

    www.ciionline.org

    www.indiatradepromotion.org

    www.ficci.com

    www.eximbankofindia.com

    www.assocham.org

    www.ncti-india.com

    www.fieo.com

    www.tradenic.in

    www.ibef.org

    Industry

    Others

    www.dipp.nic.in

    www.meaindia.nic.in

    http://dhi.nic.in

    www.indiandiaspora.nic.in

    http://ssi.nic.in

    http://itec.nic.in

    www.nsicindia.com

    www.tourismofindia.com

    IT Sector


    www.nasscom.org


    www.escindia.org


    www.mit.gov.in


    Links & Information


    Government Of India

    Ministry of Finance

    Web: http://www.nic.in/finmin
    E-mail:
    finsecy@finance.delhi.nic.in

    Ministry of Commerce and Industry

    Web: http://commin.nic.in
    E-mail:
    Comind@giasdl01.vsnl.net.in

    Ministry of Shipping

    Web: htpp://shipping.nic.in

    Ministry of Coal

    Web: htpp://coal.nic.in

    Ministry of Power

    Web: htpp://powermin.nic.in

    Ministry of Disinvestment

    Web: htpp://divest.nic.in

    Ministry of Small Scale Industries

    Web: htpp://ssi.nic.in

    Ministry of Information Technology

    Web: http://www.mit.gov.in

    Indian Trade Promotion Organization (ITPO)

    E-mail: itpo@giasdl01.vsnl.net.in

    Metals and Minerals Trading Corporation (MMTC)

    Web: http://www.mmtclimited.com

    State Trading Corporation (STC)

    Web: http://www.stcindia.com

    Ministry of Textiles

    Web: http://texmin.nic.in


    Apex Business Organisations

    Associated Chamber of commerce and Industry (ASSOCHAM)

    Web:http://www.assocham.org
    E-mail:
    raghuraman@sansad.nic.in

    Confederation of Indian Industries (CII)

    Web: http://www.ciionline.org
    E-mail:
    Indus_cii@sirnetd.ernet.in

    Federation of Indian Export Organisation (FIEO)

    Web: http://www.fieo.com
    E-mail:
    fieodel@fieodel.fieodel.cmc.net.in
    trade@fieo.org (India*enquiry)
    fieo@nda.vsnl.net.in

    Federation of Indian Chambers of Commerce and Industry (FICCI)

    Web: http://www.ficci.com
    E-mail:
    bisnet@gems.vsnl.net.in

    Indian Trade Promotion Organization (ITPO)

    Web: http://indiatradepromotion.org
    E-mail:
    itpo@giasdl01.vsnl.net.in

    Federation of Indian Micro & Small & Medium Enterprises (FISME)

    Web: http://www.fisme.org
    E-mail:
    info@fisme.org ; fisme@del2.vsnl.net.in

    National Center for Trade Information

    Web: http://www.nic.in/ncti
    E-mail:
    Ncti2@x400.nicgw.nic.in
    ncti@x400.nicgw.nic.in

    Department of Policy Planning, Ministry of Commerce and Industry

    Web http://indmin.nic.in
    E-mail:
    Iic@giasdl01.vsnl.net.in
    http://iic.nic.in
    jssia@del3.vsnl.net.in ;
    orvai@ub.delhi.nic.in; (Export Oriented Unid & NRI Investment) Director

    The State Trading Corporation of India Limited

    Web: http://www.stcindia.com
    E-mail:
    stcindia@stcindia.com


    Export Promotion Councils in India

    Agricultural & Processed Food Products Export Development Authority

    Web: http://www.aperda.delhi.nic.in
    E-mail:
    apd@apeda.delhi.nic.in
    headq@apeda.delhi.com.nic.in

    Apparel Export Promotion Council

    Web:http://www.aepc.com
    E-mail:
    aepcnet@giasdl01.vsnl.net.in

    National Association of Software and Service Companies (NASSCOM)

    Web : http://www.nasscom.org

    Basic Chemicals Pharmaceuticals and Cosmetics Export Promotion council

    Web: http://www.chemexcil.org
    E-mail:
    chem.@giasbm01.vsnl.net.in

    Carpet Export Promotion Council

    Web: http://www.indiancarpets.com
    E-mail:
    cepc@nda.vsnl.net.in

    Chemicals & Allied Products Export Promotion Council

    Web: http://www.capexil.com
    E-mail:
    capexilh@cal.vsnl.net.in
    cap.epc@gems.vsnl.net.in

    Cotton Textiles Export Promotion Council

    Web: http://www.texprocil.com

    Electronic & Computer Software Export Promotion Council

    Web:http://www.eepc.gov.in ;
    E-mail:
    esc@nda.vsnl.net.in ;
    esc@giasdl01.vsnl.net.in

    Engineering Export Promotion Council

    Web:http://www.eepc.gov.in
    E-mail:
    eepcto@eepc.gov.in
    eepc-ho@eepc.ho.cmc.net.in

    Gems & Jewellery Export Promotion Council

    Web: http://www.gjepc.org

    Export Promotion Council for Handicrafts

    Web:http://www.epch.asiansources.com
    E-mail:
    secy.epch@axcess.net.in

    Hand-Loom Export Promotion Council (HEPC)

    Web:http://www.hepcindia.com

    Council for Leather Export

    Web:http://www.leatherindia.org
    E-mail:
    cle@giasmd01.vsnl.net.in

    Marine Products Export Development Authority

    Web: http://www.mpeda.com
    E-mail:
    mpeda.cochin@smx.sprintrpg.ems.vslnl.net.in

    Plastics & Linoleum Export Promotion Council

    Web:http://www.plexconcil.org
    E-mail:
    plexcon@giasbm01.vsnl.net.in ;
    plexho@bom3.vsnl.net.in www.plexcon.com
    plascon@giasbm01.vsnl.net.in

    Synthetic & Rayon Textiles Export Promotion Council

    Web: http://www.synthetictextiles.org
    E-mail:
    srtepc-mum@400.nicgw.nic.in

    Wool & Woolens Export Promotion Council

    Web:http://www.wwepc.com
    E-mail:
    wwepc@nda.vsnl.net.in


    Commodity Boards

    Central Silk Board

    Web: http://www.silkboard.com

    Spices Board

    Web:http:// www.indiaspices.com
    E-mail:
    shochn@giasmd01.vsnl.net.in
    sbhcochn@giasmd01.vsnl.net.in
    spicesboard@vsnl.com
    mail@indiaspices.com

    Coffee Board

    Web: http://coffeeboard.allindia.com
    E-mail:
    cofboard@giasbg01.vsnl.net.in

    Rubber Board

    Web:http:// www.rubberboard.com
    E-mail:
    rbktm@ker.nic.in
    rrii@vsnl.com

    Tea Board

    Web: http://tea.nic.in
    E-mail:
    teadevex@cal.vsnl.net.in
    t.board@gems.vsnl.net.in
    aninditaray@hotmail.com

    Tobacco Board

    Web: http://business.vsnl.com/tobacco

    Poland
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