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Indo-Brazilian Commercial Relations Consulale General of India São Paulo – Brazil December - 2006

Indo-Brazilian Commercial Relations Consulale General of India São Paulo – Brazil December - 2006. 1. 1. Recent Developments in Relations between Brazil & Índia. 1 – Brasilia Declaration, June 2003: India, Brazil and South Africa (IBSA) decide to work together;

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Indo-Brazilian Commercial Relations Consulale General of India São Paulo – Brazil December - 2006

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  1. Indo-BrazilianCommercial RelationsConsulale General of IndiaSão Paulo – BrazilDecember - 2006 1 1

  2. Recent Developments in Relations between Brazil & Índia 1 – Brasilia Declaration, June 2003: India, Brazil and South Africa (IBSA) decide to work together; 2 – WTO Meeting: India and Brazil work together on many issues at WTO, in favour of developing countries. 3 – First Joint Comission Meeting, October 2003, New Delhi. Brazilian Minister of External Relations of Brazil leads Brazilian delegation to India, comprised of officials and businessmen. The two governments decide to enhance their collaboration in many areas. 4 – Visit of President Lula to India, January 2004. President Lula travelled to India with 97 Brazilian businessmen. Meetings with Indian companies took place and a better commercial relationship was established. 5 – India signs Preferential Trade Agreement with MERCOSUR in December 2004. 6 – Governor of Sao Paulo visits India with a large business delegation in November 2005. Governor met PM and visited IITF 2005. 7 – 2nd Joint Commission Meeting held in Brasilia, on February 1 and 2, 2006.

  3. Bilateral Trade – India x Brazil Year 2006 (January to July)Indian Exports = US$ 681 million Indian Imports = US$ 454 millionTotal: US$ 1.135 billionYear 2005 (January to July)Indian Exports = US$ 599 million Indian Imports = US$ 651 millionTotal: US$ 1.250 billion Year 2005Indian Exports = US$ 1.202 billion Indian Imports = US$ 1.136 billionTotal: US$ 2.338 billionYear 2004 Indian Exports = US$ 539 million Indian Imports = US$ 640 millionTotal: US$ 1.179 billion

  4. Exports of India to Brazil: Main sectors in US$ - Year 2006 (Jan-Jul)TOTAL EXPORTS: US$ 681 millions

  5. Exports of India to Brazil: Main sectors in US$ - Year 2005 (Jan-Dec) TOTAL EXPORTS: US$ 1.202 billion

  6. Imports of India from Brazil: Main sectors in US$ - Year 2006 (Jan-Jul) TOTAL IMPORTS: US$ 454 millions

  7. Imports of India from Brazil: Main sectors in US$ - Year 2005 (Jan-Dec) TOTAL IMPORTS: US$ 1.136 billion

  8. Main Joint-Ventures & Commercial Partnerships Brazil & Índia Software e IT Sector (6 companies)TCS BRASILSATYAM COMPUTERS APTECH BRASIL DEXTERITY/EVERSYSTEMS I-FLEX SOLUTIONS PROLOGIX SUPPORTCOMMEngineering Sector (7 companies)BAJAJ KASINSKI ELGITREAD CRI PUMPS PROMAC ENGINEERING LTD. TATA MOTORS THERMAX TVSPetrochemical & Chemical Sector (3 companies)EXCEL CROP CARE/FERSOL FLEX INDUSTRIES/PCE PREMIUM RELIANCE INDUSTIES LTD.

  9. Main Joint-Ventures & Commercial Partnerships Brazil & Índia • Pharmaceutical Sector (16 companies) AUROBINDO PHARMABILCARE CELLOFARM CLARIS CIPLA DR. REDDYS LABGLENMARK PHARMA • HETEROUNICHEM PHARMA INTAS PHARMA IPCA ORCHIDRANBAXY TORRENTWOCKHARDT ZYDUS CADILLA • Total 32 Joint-Ventures and Partnerships

  10. Business Possibilities between India & Brazil 1 – Pharma Products, medicines and healthcare. 2 – Aviation (Embraer): jets and helicopters. 3 – Engineering Products: agricultural equipment 4 – Ethanol Production in India with Brazilian Technology, and sale of ethanol produced in Brazil to India 5 – Chemical Products, Agri-chemicals, Pesticides, Inseticides to be exported from India to Brazil. 6 – Manufacturing of Indian two wheelers in Brazil. Indian companies interested are TVS, Bajaj Auto and Hero Honda. 7 – Collaboration in the IT and Software Sectors

  11. Business Possibilities between India & Brazil 8 – Collaboration in the financing and banking sectors, with new lines of credit (Exim Bank of India) 9 – Urban Infrastructure, such as projects for railways, highways, roads, ports, power plants, electricity, water and gas distribution, house´s constructions, etc. 10 – Processed Food and Consummer Goods Sectors 11 – Leather Sector: Brazilian companies are looking for Indian partners to set up operation and manufacturing units for shoes in India 12 – Autoparts: Brazilian companies are seeking for Indian supplyers of autoparts and also seeking possibilities of collaboration for joint production

  12. For further information about Indo-Brazilian trade, please visit the website of Consulate General of India in Sao Paulo: www.indiaconsulate.org.br orContact us directly ConsulateGeneral of India Avenida Paulista, 925 7th Floor Sao Paulo CEP 01300-100 Tel: 55-11-31710340/41/43Fax: 55-11-31710342 e-mail: com@indiaconsulate.org.br

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