In October, Governor Tim Pawlenty leads a trade mission to India, the world’s second-largest emerging market. India’s gross domestic product has grown more than 7 percent every year since 2003. Its growing middle class has made Pepsi, Citibank, McDonald’s, Motorola, and Reebok household names. Minnesota companies should join that list. Demand is strong in India for processed foods, health care products, medical devices, and environmental services—industries in which Minnesota companies lead. Trade delegates will find that it is easier to do business in India than elsewhere: Contracts are in English, the judiciary enforces a commercial code, and India encourages joint ventures. The governor can make it even easier by directing the state’s trade office to arrange follow-up visits.
