Abstract:
This paper proposes India to diversify and expand her international trade beyond the conventional markets and include LAC (Latin America and Caribbean) region as focus market for India's potential trade and investment growth. The LAC region emerging trends seem favorable with more and more creative EXIM policy schemes like Focus Market are set to boost India's prospect in the region. This paper focuses on "Focus Market" approach and dynamics of government of India's current EXIM policy, our international trade and business opportunity analysis for Indian prospective entrepreneurs in LAC region and LAC economic and market growth trajectory. Arguments in this paper is based on case study method, LAC market analysis, examination of India's international trade policy, India's current engagement profile and comparable international experiences like Sino -LAC engagement paradigm
