…
- Smart businesses are looking to trade with India
- Experts from HSBC and PricewaterhouseCoopers tell us why you too should be looking at international trade
HSBC’s Going international report has brought to light some astounding statistics in relation to investing overseas, particularly in India. HSBC’s study, conducted in 2009 found that 7% of businesses in the UK are looking to trade with India in 2010 while 84% of SMEs believe that international trade is important for long term business.
PricewaterhouseCooper’s Ian Coleman, believes that research is the most important element of trading abroad and can absolutely determine the success or failure of a move into a new market overseas.
Unlike most people involved with large corporate in the western world, Coleman firmly believes that the world order will always remain this way; “Many people will I suspect think that the UK invests more into India than India does into the UK. In the last two years that hasn’t been the case. The foreign direct investment into the UK by Indian companies has been higher than UK companies investing into India. “
Visit http://www.yourBusinessChannel.com/ for more free shows including our Freemium Business Accelerator Programme
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
