{"id":100947,"date":"2023-09-29T10:29:58","date_gmt":"2023-09-29T10:29:58","guid":{"rendered":"https:\/\/octagona.com\/?p=100947"},"modified":"2023-12-20T09:51:07","modified_gmt":"2023-12-20T09:51:07","slug":"sell-in-india-record-for-italian-lexport","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/","title":{"rendered":"Selling to India: record for Italian exports"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>The Indian market has been following a positive growth trend for years<\/strong> and despite the difficulties faced by the country during the Covid period, medium-term development prospects remain optimistic. The numbers show a strong trend: India is experiencing a period of expansion, and Made in Italy products are already the most appreciated. Italian companies can therefore seize the opportunity to enter the country and give new impetus to revenues and profits.<\/p>\n<p>\u00a0<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/#Perche_vendere_in_India\" >Why sell in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/#Il_record_dellexport_italiano_in_India\" >The record of Italian exports to India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/#Vendere_in_India_il_momento_giusto_e_ora\" >Selling in India, the right time is now<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/#Conclusioni\" >Conclusions<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Perche_vendere_in_India\"><\/span>Why sell in India?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">In the current economic climate, marked by the consequences of the Russian-Ukrainian conflict and rising raw material prices, India has proven to be an ideal market to address the persistent difficulties in the domestic market. In fact,<strong> The country is currently the fifth largest economy in the world.<\/strong>, based on GDP in dollars at current prices. Furthermore, growth of over 6.1% annually is projected for 2023. This trend is also expected to hold true in the forecasts for 2024. These figures place the subcontinent at the center of Asia\u2019s market dynamics, now that <a href=\"https:\/\/octagona.com\/en\/2022\/11\/09\/india-will-replace-china-international-trade\/\" target=\"_blank\" rel=\"noopener\">China has lower economic growth prospects<\/a> to what was expected until a few years ago.<\/p>\n<p style=\"text-align: justify;\">The ever-growing middle class therefore enjoys greater spending power than in the past, fostering interest in international brands. Not only that: <strong>India is also a country experiencing some really interesting digital development.<\/strong> By the end of 2023, Internet users are expected to reach 840 million people, a figure that has doubled from only four years ago (in 2017 it was 422 million people).<\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Il_record_dellexport_italiano_in_India\"><\/span>The record of Italian exports to India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Among European players,<strong> Italy represents the 4th largest exporter to India,<\/strong> preceded by Germany, Belgium, and France. Bolstered by this data, Italian exports to India have effectively <strong>touched the record figure of 4.8 billion euros<\/strong>, thus exceeding the pre-COVID values of 2019 (3.9 billion euros). Furthermore, this figure is part of a context of continuous growth, as already in 2021, Made in Italy exports to India had recovered to pre-pandemic levels (3.87 billion euros).<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-2022.jpg\"><img decoding=\"async\" class=\"aligncenter wp-image-100948\" src=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-2022.jpg\" alt=\"\" width=\"531\" height=\"258\" srcset=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-2022.jpg 727w, https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-2022-300x146.jpg 300w, https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-2022-18x9.jpg 18w\" sizes=\"(max-width: 531px) 100vw, 531px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">But what does Italian exports to India focus on? As can be seen from the chart below, Indian imports from Italy primarily go to power the country's industrial apparatus.<\/p>\n<p style=\"text-align: justify;\">In detail, the most representative sector is that of<strong> machinery and equipment<\/strong> (1.5 billion euros), followed by<strong> substances and chemicals<\/strong> (424 million euros), and in third place by the <strong>metal products<\/strong> (295 million euros). Rounding out the Top 5 are computers and electronic devices, products from waste treatment and remediation activities, and finally, electrical equipment.<\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Export-italiano-in-india-settore.jpg\"><img decoding=\"async\" class=\"wp-image-102493 aligncenter\" src=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Composizione-merceologica-dellexport-italiano-in-India-300x175.png\" alt=\"\" width=\"504\" height=\"294\" srcset=\"https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Composizione-merceologica-dellexport-italiano-in-India-300x175.png 300w, https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Composizione-merceologica-dellexport-italiano-in-India-768x448.png 768w, https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Composizione-merceologica-dellexport-italiano-in-India-18x12.png 18w, https:\/\/octagona.com\/wp-content\/uploads\/2023\/03\/Composizione-merceologica-dellexport-italiano-in-India.png 822w\" sizes=\"(max-width: 504px) 100vw, 504px\" \/><\/a><\/p>\n<h2><\/h2>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vendere_in_India_il_momento_giusto_e_ora\"><\/span>Selling in India, the right time is now<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">In fact, \"Made in Italy\" has a very positive reputation among the Indian business community: many people in the country know the vast potential that Italian-Indian cooperation can offer both countries.<\/p>\n<p style=\"text-align: justify;\">Is this the opinion of<strong> Vishnu Krishna, Director of Octagona India<\/strong>: \u201c<em>Everything produced or designed in Italy usually leaves a positive impression on the Indian population. <strong>This is the best moment in years for Italian companies to take advantage of.<\/strong> to enter or expand into the Indian market. Given the uncertainty that exists in global markets today due to a number of factors, India presents itself as one of the main large markets, <strong>With GDP growing by 6% annually<\/strong>, a huge domestic market, tax incentives for local production (Make in India), a young, English-speaking workforce. There aren't many examples like this in the world today.\u201d.<\/em><\/p>\n<p>\u00a0<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Conclusioni\"><\/span>Conclusions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">Vishnu Krishna's comment highlights that investing abroad and entering into trade agreements in a high-growth country like India can prove to be <strong>Fundamental to the growth of its business and turnovers<\/strong>. The time has come to ride the wave of economic growth, step on the gas, and immediately plan winning strategies that take all of this into account.<\/p>\n<p style=\"text-align: justify;\"><strong>Do you want to seize the right opportunities?<\/strong> The next successful company in India could be your own. <strong>Contact us and tell us about your internationalization project in India<\/strong>: We will study together the best solution for your needs.<\/p>\n<p style=\"text-align: justify;\"><strong>ALSO READ:<\/strong><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/octagona.com\/en\/events\/india-business-opportunity-for-italian-companies-in-2023\/\" target=\"_blank\" rel=\"noopener\">India: business opportunities for Italian companies in 2023<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/octagona.com\/en\/2022\/08\/04\/the-success-of-italian-companies-in-india\/\" target=\"_blank\" rel=\"noopener\">The success of Italian companies in India<\/a><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/octagona.com\/en\/2022\/07\/28\/india-bans-single-use-plastic-use-what-changes-exporting-companies\/\" target=\"_blank\" rel=\"noopener\">India bans single-use plastics: what changes for exporting companies<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Il mercato indiano segue da anni un trend di crescita positivo e, nonostante le difficolt\u00e0 registrate dal Paese nel periodo Covid, le prospettive di sviluppo nel medio periodo rimangono ottimistiche. I numeri evidenziano un forte trend: l\u2019India sta vivendo un periodo di espansione e i prodotti Made in Italy sono gi\u00e0 quelli pi\u00f9 apprezzati. Le [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary octgn-read-more-link\" href=\"https:\/\/octagona.com\/en\/vendere-in-india-record-per-lexport-italiano\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":3,"featured_media":10473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[19],"class_list":["post-100947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internazionalizzazione-imprese","tag-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vendere in India: record per l&#039;export italiano | Octagona Srl<\/title>\n<meta name=\"description\" content=\"Vuoi vendere in India ed espandere la tua azienda all&#039;estero? 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