GENERAL INFORMATION

India: the Indian Economy is the 5th largest economy in the world, with a GDP per capita per annum of 3400 U$D (2010) the main areas of the economy are Services (55.3 %), Industry (28.6%) and Agriculture (16.1%). Indian industrial sector, particularly machinery, automobile and spare parts, house hold appliances and others have been present in Paraguay and have proven to be competitive.

SAARC:The South Asian Association for Regional Cooperation (SAARC) was established on December 8, 1985, and is a partnership of eight South Asian countries. Afghanistan was admitted as the eighth member on April 3, 2007 and six observer countries.

The member countries are Afghanistan, Bangladesh, Bhutan, India, Nepal, Maldives, Pakistan and Sri Lanka.

India International Trade volume / products / category / country

Main exports:petroleum products, precious stones, machinery, iron and steel, chemicals, electrical appliances.

Major trading partners - exports: 12.3% United Arab Emirates, United States 11.7%, China 5.4%, Singapore 4.5% (2008)

Major import products: crude oil, precious stones, machinery, fertilizers, iron and steel, chemicals.

Major trading partners - Imports: China 10.8%, Saudi Arabia 6.9% United States 6.7%, UAE 6.7%, Iran 4.2% (2008).

Names and contacts of the major Chambers of Commerce in India:

Federation of Indian Chambers of Commerce and Industry - FICCI www.ficci.com

Confederation of Indian Industry - CII www.cii.in

Associated Chambers of Commerce - ASSOCHAM www.assocham.org

Importers Association of India - www.indianimportersassociation.com

Federation of Indian Exporters Organizations - FIEO www.fieo.org

Chamber of Commerce and Industry, Progress, Harmony and Development - Chambered PHD www.phdcci.in

Important information about India -
http://commerce.nic.in/tradestats/indiatrade_press.asp