India’s private sector makes its mark in Latin America trade

Brazilian President Dilma Rousseff and Indian Prime Minister Narendra Modi at the BRICS summit in Fortaleza, Brazil (photo: dpa)
Brazilian President Dilma Rousseff and Indian Prime Minister Narendra Modi at the BRICS summit in Fortaleza, Brazil (photo: dpa)

India’s influence in Latin America is growing quickly. Raw materials were originally the focus of its trade, but although China still exports far more manufactured goods to the region, India provides more services. This has been as much a function of private sector investment as of that by government or state-owned corporations. An example is the ability of Brazil and India to offer comprehensive 24/7 outsourcing services to clients in Europe and the US.

India’s private sector makes its mark in Latin America trade

JAPAN and China have been the main players in Latin America’s growing trade with Asia in recent years, but now India - especially its private sector - is beginning...

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