Originally posted by
ykkdkky at 2007-10-29 12:08

Most traders here find difficulty in doing business with Indian, It is partly due to not aware of the business environment there. It is a very huge market, no doubt about that, however, politically, India claim to be the biggest Democratic nation in the world but in term of trade policy, they are one of the most import protective country in the world. Like China, India does have many overseas Indian and these Indian control most of the India import due to their native background and family connection. Therefore, anyone wanted to trade with India should start off with an Indian overseas trader whom are more familiar with Indian economical situation instead of direct buyer from India. Another reason is India has a very strict foreign exchange control policy where remittance of USD is r ...
Learn so much from your text, thanks a lot.