India-Colombia Trade Relations

Dr. Sumit SethDr. Sumit Seth

[email protected]@mea.gov.in

Embassy of India, ColombiaEmbassy of India, Colombia

www.embajadaindia.orgwww.embajadaindia.org

India-Colombia Relations





OverviewOverview

Trends in Bilateral TradeTrends in Bilateral Trade Economic DiplomacyEconomic Diplomacy India's Presence in ColombiaIndia's Presence in Colombia Colombia's Presence in IndiaColombia's Presence in India Opportunities Opportunities Contact usContact us





Year Year 2005-2006 2005-2006 2006-2007 2006-2007 2007-2008 2007-2008

EXPORTS EXPORTS TOTO

COLOMBIACOLOMBIA455 455 576 576 758 758

IMPORTIMPORTFROMFROMCOLOMBIACOLOMBIA

9 9 76 76 84 84

Trade and InvestmentTrade and Investment

India’s Export 529 India’s Import 16





Trends in FDITrends in FDI

India net FDI flows into Colombia1998 - 2008

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2,000

1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

US

$ th

ou

san

ds

1,600

1,400

1,800

2,000

1,000

1,200





India net FDI flows by sector into India net FDI flows by sector into Colombia, 2008Colombia, 2008

Other3%

Retail22%

Mining75%

India net FDI flows by sector into Colombia, 2008

Source: Central Bank of Colombia, 2009* There is not include investment in oil sector.





India Foreign Direct Investment projects into Colombia

YearNo.

Projects

Company Source City SectorBusiness

Activity

2003 1 LML Not SpecifiedNon-Automotive

Transport OEM

Manufacturing

2004 1 Aptech MumbaiSoftware & IT

servicesEducation &

Training

2005 0

2006 2* ONGC

** Tata Group

* Dehradun ** Mumbai

* Coal, Oil and Natural Gas ** Software & IT services

*Extraction ** Business Services

2007 0

2008 1Ipca Laboratories

LimitedMumbai Pharmaceuticals

Sales, Marketing & Support

Total 5

Source: FDI Markets. The Financial Times 2009





Economic DiplomacyEconomic Diplomacy

Text of BIPPA FinalisedText of BIPPA Finalised Negotiation on DTAA going onNegotiation on DTAA going on India Colombia Chamber of India Colombia Chamber of

CommerceCommerce Grupo Tequendama Grupo Tequendama





Indian Presence in ColombiaIndian Presence in Colombia

MiningMining Automakers Automakers Software IT servicesSoftware IT services PharmaceuticalsPharmaceuticals EngineeringEngineering ChemicalsChemicals





MiningMining





AutomakersAutomakers





Software IT servicesSoftware IT services





PharmaceuticalsPharmaceuticals





EngineeringEngineering





ChemicalsChemicals





Colombia's Presence in IndiaColombia's Presence in India

AirAir Colombian Pilots working in Airline Colombian Pilots working in Airline

Companies in IndiaCompanies in India

GroundGround FANALCA in Waste DisposalFANALCA in Waste Disposal





Opportunities in ColombiaOpportunities in Colombia

Hospitality IndustriesHospitality Industries Emeralds Emeralds InfrastructureInfrastructure Food ProcessingFood Processing BPO and KPOBPO and KPO Logistics SolutionsLogistics Solutions





Important LinksImportant Links

http://www.embajadaindia.org/http://www.embajadaindia.org/

http://camaracolombiaindia.org/http://camaracolombiaindia.org/

http://embassyofcolombia.in/http://embassyofcolombia.in/





Thank YouThank You

Dr. Sumit SethDr. Sumit Seth Commercial RepresentativeCommercial Representative Embassy of India, ColombiaEmbassy of India, Colombia [email protected]@mea.gov.in