You'll see a lot of posts at translationebuzz.com about the B2C and B2B opportunities that China presents. This is naturally due to the high volume of news articles that seem to continue to mushroom on the topic. Many journalists and bloggers are still waking up to the growing economic powerhouse that is China. However, for many people who've been focused on global opportunities for the past decade or so, China is old news. With so many business services being outsourced to Indian firms, its only natural that the employees at these firms will, in turn, begin spending their newfound wealth as consumers.

India is the fastest-growing market in Asia Pacific for international tourist spending, according to latest Visa Asia Pacific release. The economy is growing by over 8 per cent a year and India's growth rate can actually exceed that of China by 2015. The Indian economy is expected to grow larger than Britain's by 2022 and Japan's by 2032 to become the third-largest economy in the world after China and US and finally become the second largest economy after China by 2050.

Wal-mart, of course, is coming to India. Why wouldn't it? As this recent article from Forbes tells us:

Network Magazine, an Indian business publication, observes in its current issue that retailing is India's largest industry, accounting for over 10% of the country's gross domestic product and around 8% of employment. "The Indian retail industry is valued at about $300 billion and is expected to grow to $427 billion in 2010 and $637 billion in 2015," says the magazine. Only 2% to 3% of that is "organized." That is, actual stores instead of open-air markets, roadside stands and other beneficiaries of India's relaxed attitude toward urban planning.

This article is a good jumping-off point for learning more about doing business in India. While Hindi is the official language of the central government, English is the official language of trade and commerce. However, the English spoken by many Indians can be very different than the English that native English speakers are used to hearing.