Apresenta

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Indo-BrazilianCommercial Relations Consulale
General of IndiaSão Paulo BrazilDecember -
2006
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Recent Developments in Relations between Brazil
Índia
1 Brasilia Declaration, June 2003 India,
Brazil and South Africa (IBSA) decide to
work together 2 WTO Meeting India and Brazil
work together on many issues at WTO, in favour
of developing countries. 3 First Joint
Comission Meeting, October 2003, New Delhi.
Brazilian Minister of External Relations of
Brazil leads Brazilian delegation to India,
comprised of officials and businessmen. The
two governments decide to enhance their
collaboration in many areas. 4 Visit of
President Lula to India, January 2004. President
Lula travelled to India with 97 Brazilian
businessmen. Meetings with Indian companies
took place and a better commercial
relationship was established. 5 India signs
Preferential Trade Agreement with MERCOSUR in
December 2004. 6 Governor of Sao Paulo visits
India with a large business delegation in
November 2005. Governor met PM and visited
IITF 2005. 7 2nd Joint Commission Meeting held
in Brasilia, on February 1 and 2, 2006.
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Bilateral Trade India x Brazil
Year 2006 (January to July)Indian Exports US
681 million Indian Imports US 454
millionTotal US 1.135 billion Year 2005
(January to July)Indian Exports US 599
million Indian Imports US 651 millionTotal
US 1.250 billion Year 2005Indian Exports
US 1.202 billion Indian Imports US 1.136
billionTotal US 2.338 billionYear 2004
Indian Exports US 539 million Indian Imports
US 640 millionTotal US 1.179 billion
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Exports of India to Brazil Main sectors in US -
Year 2006 (Jan-Jul)TOTAL EXPORTS US 681
millions
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Exports of India to Brazil Main sectors in US -
Year 2005 (Jan-Dec) TOTAL EXPORTS US 1.202
billion
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Imports of India from Brazil Main sectors in US
- Year 2006 (Jan-Jul) TOTAL IMPORTS US 454
millions
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Imports of India from Brazil Main sectors in US
- Year 2005 (Jan-Dec) TOTAL IMPORTS US 1.136
billion
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Main Joint-Ventures Commercial Partnerships
Brazil Índia
Software e IT Sector (6 companies) TCS BRASIL
SATYAM COMPUTERS APTECH BRASIL DEXTERITY/EV
ERSYSTEMS I-FLEX SOLUTIONS PROLOGIX
SUPPORTCOMM Engineering Sector (7
companies) BAJAJ KASINSKI ELGITREAD CRI
PUMPS PROMAC ENGINEERING LTD. TATA
MOTORS THERMAX TVSPetrochemical Chemical
Sector (3 companies) EXCEL CROP
CARE/FERSOL FLEX INDUSTRIES/PCE
PREMIUM RELIANCE INDUSTIES LTD.
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Main Joint-Ventures Commercial Partnerships
Brazil Índia

• Pharmaceutical Sector (16 companies) AUROBINDO
  PHARMA BILCARE CELLOFARM CLARIS CIPLA D
  R. REDDYS LAB GLENMARK PHARMA
• HETERO UNICHEM PHARMA INTAS
  PHARMA IPCA ORCHID RANBAXY TORRENT WOCK
  HARDT ZYDUS CADILLA
• Total 32 Joint-Ventures and Partnerships

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Business Possibilities between India Brazil
1 Pharma Products, medicines and healthcare. 2
Aviation (Embraer) jets and helicopters. 3
Engineering Products agricultural equipment 4
Ethanol Production in India with Brazilian
Technology, and sale of ethanol produced in
Brazil to India 5 Chemical Products,
Agri-chemicals, Pesticides, Inseticides to
be exported from India to Brazil. 6
Manufacturing of Indian two wheelers in Brazil.
Indian companies interested are TVS, Bajaj
Auto and Hero Honda. 7 Collaboration in the IT
and Software Sectors
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Business Possibilities between India Brazil
8 Collaboration in the financing and banking
sectors, with new lines of credit (Exim Bank
of India) 9 Urban Infrastructure, such as
projects for railways, highways, roads,
ports, power plants, electricity, water and
gas distribution, houses constructions,
etc. 10 Processed Food and Consummer Goods
Sectors 11 Leather Sector Brazilian companies
are looking for Indian partners to set up
operation and manufacturing units for shoes in
India 12 Autoparts Brazilian companies are
seeking for Indian supplyers of autoparts and
also seeking possibilities of collaboration for
joint production
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For further information about Indo-Brazilian
trade, please visit the website of Consulate
General of India in Sao Paulo www.indiaconsulate.
org.br orContact us directly Consulate General
of India Avenida Paulista, 925 7th Floor Sao
Paulo CEP 01300-100 Tel [phone]/43Fax
55-11-31710342 e-mail com_at_indiaconsulate.org.br