India: An Ex-Im Bank Key Market

Ex-Im Bank is open in over 180 countries but has identified nine key markets that offer great potential for U.S. exports. One of these markets is India.

Key factors in this selection were India’s strong economy (as represented by recent GDP growth of about 8 percent), the size and potential of its economy (FY 2011 GDP was $1.7 trillion) and its rapidly growing population (second largest in the world).

U.S. exports of goods to India grew 17.1 percent from 2009 to 2010. Also, the Indian government is expected to invest over $1 trillion in infrastructure over the next five years and has emphasized its commitment to clean energy. U.S. technology, products and services can help India meet its ambitious goals in these industries.