Oportunidades de negocios entre India y Colombia

Business opportunities between India and Colombia

We invite you to join us for a coffee ☕️ together with Astrid Viviana Salamanca Rodriguez international business consultant who will be interviewed to discuss business opportunities, the trade landscape in India and how we can cooperate bilaterally to create valuable synergies between our economies.

Astrid Viviana Salamanca Rodríguez

India

17-Feb/21

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The video presents an interview with an international trade expert based in India. Topics such as business opportunities in India, business culture, sectors with greater opportunities, tips for doing business in India and the importance of exporting services are discussed. In addition, relevant data about the Indian market is shared and trade opportunities with Colombia and other Latin American countries are highlighted.

00:18 - Business opportunities in India and its trade policy

05:10 - India has more than 1.3 billion inhabitants and is the second largest country in the world in terms of population.
05:41 - India is a federalist country with 29 states, each with its own trade policy.

06:11 - Trade opportunities with India and Colombia

06:13 - India is a challenging and volatile country in terms of trade.
08:44 - India has a competitive global position and diverse economic sectors.
11:01 - India presents interesting trade opportunities for Latin America.

12:05 - Trade opportunities with India and key sectors

12:28 - India shows a moderately positive trade balance despite the trade impact.
14:24 - India exports petroleum products, pharmaceuticals, precious stones, iron and electrical machinery.
17:02 - India is a key country in transportation and water infrastructure, with ample commercial opportunities.

18:02 - Investment opportunities in India and Colombia

18:02 - Beware of tap water in Colombia.
18:13 - Colombia making progress in water reuse and opportunities in the agri-food sector.
22:02 - India as a fast-growing economy and investment opportunity.

23:56 - Innovation and Trade in India: Outlook and Future Events

23:56 - Young people in India seek education and entrepreneurship, in contrast to those who work for the family.
24:42 - India's infrastructure is extensive and diverse, favoring global competitiveness.
26:54 - India seeks to innovate while maintaining its culture, projecting growth in international trade.
27:42 - Upcoming logistics and trade events in India offer opportunities for business and collaboration.

29:51 - Commercial opportunities between Colombia and India

29:51 - Shared events generate questions about future events in 2022.
30:35 - India seeks business with Colombia and other Latin American countries through trade agreements.
33:00 - Colombia and India have opportunities in sectors such as financial services, technology, tourism and healthcare.

35:44 - Export potential and trade opportunities between India and Colombia

35:44 - We are a block with an association of free trade zones.
36:09 - Union of companies for exporting and trade enhancement.
37:39 - Export opportunities between India and Colombia.

41:39 - Tips for Entrepreneurs Wanting to Enter the Indian Market

42:24 - There are opportunities for flowers in India, although logistics can be complicated.
43:41 - The transit time from India to Colombia is approximately 40 days, but may vary depending on the current situation.
46:01 - You do not need an Indian partner to set up a company in India, but it is important to know their culture in order to negotiate.

47:31 - Business culture in India

47:31 - Learning to negotiate collectively and having patience are key in negotiations.
48:08 - Formality and the importance of personal relationships are emphasized in Indian business.
50:40 - The business culture in India emphasizes friendliness, formality and the importance of personal relationships.

53:23 - Importance of being up to date in international trade and services offered

53:23 - Contrasts in business dealings and the importance of being up to date.
53:47 - Variety of commercial services and the importance of commercial exchange.

Business opportunities between India and Colombia

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