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U.S. Commercial Service & Doing Business in India

U.S. Commercial Service & Doing Business in India. Cynthia Torres U.S. Commercial Service Global Energy Team Leader U.S. Department of Commerce. U.S./India Trade Stats. Total Trade (2008): $63.63 billion

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U.S. Commercial Service & Doing Business in India

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  1. U.S. Commercial Service &Doing Business in India Cynthia Torres U.S. Commercial Service Global Energy Team Leader U.S. Department of Commerce

  2. U.S./India Trade Stats • Total Trade (2008): $63.63 billion • U.S. Exports to India (2008): $32.44 billion, a 85 percent increase from the previous year • Imports from India (2008): $39.89 billion, a 65 percent increase from the previous year • Energy Demand: India needs to add 150GW of power over the next five years

  3. India’s Power Demand a Case for Solar

  4. It’s Complicated!

  5. Opportunities & Challenges Opportunities: Ranks 4th in the E&Y RE attractiveness Index / GOI mandates for EE solutions by 2012 / GOI to promote adoption of green technologies / The State ERCs to source up to 10% of their power from RE generation / Keen interest from India’s top industrial houses, eg. Tata, Reliance, Bharti Enterprises Market Barriers: Competition from local suppliers / Lack of monitoring legal and financial disclosure / Long permitting processes / Delays with integrating and implementing RE/EE policies / Emerging LCR issues / Corruption & lack of transparency

  6. Upcoming Events India Clean Energy Trade Mission http://www.export.gov/trademissions/IndiaCleanTech/ Solarcon U.S. Pavilion http://www.solarconindia.org/ Turkey Renewable Energy Trade Mission: http://www.buyusa.gov/fresno/105.html

  7. Thank you for your time. Questions? www.export.gov | 800.USA.TRADE Cynthia Torres Global Energy Team Leader U.S. Commercial Service Tel: (760) 882-1043 Email: Cynthia.Torres@mail.doc.gov Website: www.export.gov/industry/energy U.S. Department of Commerce, International Trade Administration

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