| Accounts Receivable Financing- The India
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| | Hindi is the national language. English
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| Connection explores the vast growing
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| | is a secondary language used for
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| marketplace in India and how you can
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| | national, political and commercial
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| benefit from this trend by importing
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| | communication. India is the largest
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| goods or exporting goods to this
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| | English speaking nation in the world.
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| ginormous economy with accounts
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| | India's legal system is based on English
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| receivable financing.
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| | common law.
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| India is one of the oldest civilizations
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| | India's economy is growing over 10% per
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| in the world. Their history goes back
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| | year with a labor force of more than 500
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| over 10,000 years. India is the largest
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| | million people. The Indian retail sector
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| democracy in the world. As of July, 2007,
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| | is growing at a rate of 47% per year.
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| the Central Intelligence Agency for the
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| | Manufacturing is expanding. There are
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| United States Government estimated that
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| | large numbers of well educated people
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| the population of India is over one
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| | skilled in the English language. Today
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| billion, one hundred twenty nine million
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| | India is a major exporter of software
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| people. In contrast, the population of
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| | services and software workers. Other
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| the United States is estimated to be a
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| | major industries include textiles,
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| little over three hundred two million
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| | chemicals, food processing, steel,
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| people. That's 129,000,000 versus
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| | transportation equipment, cement, mining
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| 302,000,000 people; India has over four
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| | and machinery.
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| times the population of the U.S. in a
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| | In 2006 India exported over $123 billion
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| geographic area lightly more than
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| | dollars of textile goods, gems and
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| one-third the size of the U.S.
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| | jewelry, engineering goods, chemicals,
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| India has the third largest economy and
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| | leather items; only 17% were exported to
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| the second fastest growing economy in
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| | U.S. partners. Imports the same year were
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| Asia. It has a vast pool of professional
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| | $184 billion dollars; less than 6% of
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| talent and an enormous reservoir of
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| | this import business originated with U.S.
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| intellectual capital with a growing
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| | partners.
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| middle class.
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| | What does this all have to do with
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| India's dense population creates economic
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| | accounts receivable financing? The
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| opportunities and pressing internal
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| | expertise of a commercial finance company
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| social problems such as overcrowding,
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| | can be invaluable with regard to helping
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| environmental degradation, poverty and
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| | you succeed in India's enormous
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| social unrest. The economy and society
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| | marketplace. If you want to export goods
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| are in a state of rapid transition. There
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| | to India, a commercial finance company
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| are pressing environmental issues because
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| | will check the credit of the business in
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| of overpopulation such as air pollution
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| | India that you are selling to; this can
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| from industrial effluents and vehicle
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| | facilitate capital for exponential growth
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| emissions, water pollution from poor
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| | to creditworthy customers. If you want to
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| sanitary conditions and soil erosion.
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| | import goods from India, purchase order
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| According to the World Bank, about 380
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| | financing combined with accounts
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| million people in India live in poverty
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| | receivable financing can help you to
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| on less than $1 a day; this is about
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| | achieve the same goal of increasing cash
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| one-third of the population.
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| | flow to grow your business.
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| Nevertheless, middle and upper class
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| | Albert Einstein said: "We owe a lot to
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| Indians have created immense wealth in an
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| | the Indians, who taught us how to count,
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| economy bursting with opportunities.
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| | without which no worthwhile scientific
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| India's business climate is changing
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| | discovery could have been made". Mark
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| rapidly.
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| | Twain said: "India is the cradle of the
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| This social paradox is in some ways
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| | human race, the birthplace of human
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| similar to the controversy in the U.S.
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| | speech, the mother of history, the
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| over big box stores and their effect on
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| | grandmother of legend, and the great
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| smaller retailers. The same issue is
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| | grand mother of tradition. Our most
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| debated in India regarding Western style
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| | valuable and most instructive materials
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| supermarkets versus mom and pop stores.
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| | in the history of man are treasured up in
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| India has a child labor problem; the U.S.
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| | India only".
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| has a problem with illegal immigrants who
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| | The bottom line: India is a land of great
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| tend to take the lowest paid jobs in the
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| | problems and great opportunities.
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| U.S., performing jobs that most legal
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| | Accounts receivable financing combined
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| Americans do not want to do. We live in a
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| | with purchase order financing can help
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| world of conflict, change and
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| | you succeed in this vast democratic,
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| opportunities.
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| | English speaking marketplace.
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| There are 14 official languages in India.
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