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201 GREAT IDEAS for Your SMALL BUSINESS, Third Edition by Jane Applegate

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GREAT 186 IDEA: Do Business in India

President Obama was warmly received when he and First Lady Michelle Obama visited India in November 2010.

“I'm here because I believe that in our interconnected world, increased commerce between the United States and India can be and will be a win-win proposition for both countries,” Obama told the U.S.-India Business Council.

The president pointed to $10 billion worth of export contracts that support 54,000 jobs in the United States.

India, with 1.2 billion people, is an attractive market for big and small U.S. companies. The Indian economy is projected to grow 8 percent in 2011, and a growing middle class is eager to buy American goods ranging from computers to clothing. More than 60 percent of the population ...

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