Mexico is located in North America between the United States and Central America. It has a diverse landscape including mountains, deserts, and jungles. Mexico has a population of over 121 million people who are mostly mestizos with mixed Indian and Spanish heritage. Mexico and India have maintained friendly relations since establishing diplomatic ties in 1950. Both are large emerging economies that collaborate on international issues. Though bilateral trade has grown rapidly in recent years, there is still potential for increased trade and investment between the two countries, especially in sectors like IT, pharmaceuticals, and engineering.

1. 1
Country e– book
MEXICO
SUBMITTED BY:
ANJALI MEHTA
PGDM2/1504
IGPE

2. 2
TABLE
OF
CONTENTS
2
Mexico :History
Timeline
1
About Mexico
3
Mexico : Geo
Political Signifi-
4
Mexico - India
Comparison
5
Mexico - India
Relations

3. 3
1
About
Mexico
Introduction: Comprised of 31 states and one
federal district, Mexico is home to the world’s
largest population of Spanish speakers. From the
temples of Chichen Itza, to the beaches of Can-
cun or the bustle of Mexico City, Mexico boasts a
diverse landscape and rich history.
Geography: Mexico is a country between the
U.S. and Central America that's known for its Pa-
cific beaches and its diverse landscape of
mountains, Mountains cover much of Mexico.
deserts and jungles . The country land is rich in
valuable metals like silver and copper.
People & Culture: Mexico is the product of a
rich Indian heritage, three centuries
of Spanish rule, and a shared border with the
world's richest country, the United States. Today,
most Mexicans are mestizos, which means they
have a mix of Indian and Spanish blood .
Government & Economy: Federal govern-
ment. President- Enrique Peña Nieto
Currency- Mexican Peso
Mexico is a country with great problems and
great potential. It is rich in natural resources but it
struggles to fight with poverty.

4. 4
DO YOU KNOW?
 Mexico's official name is United Mexican States.
 Mexico is the 11th most populous country of the world with 121 million
people with land area of 1,923,039 sq km
 Mexico has 68 official languages, though Spanish the most spoken
language
 In Mexico, artists can pay their taxes with artwork.
 World’s largest pyramid is not in Egypt but in Mexico (The Great Pyramid of Cholula)
 Popcorn was first domesticated in Mexico around 9,000 years ago.
 Mexico is world’s fattest country.
 Mexico City boasts the largest taxi fleet in the world with 100,000 taxis running every day.
 Mexico: Birth rate: 19.02/1000; infant mortality rate: 12.58/1000; life expectancy: 75.43
(Source: http://www.factslides.com/s-Mexico)

5. 5
2
Mexico:
History
Timeline
Rise and Fall of Aztecs
Modern Mexico
(Source: http://www.history.com/topics/mexico/)

6. 6
Mexico have been the home of very old civilizations, people
in the old Mexico developed agriculture at least 7000 years
ago, in a totally independent way that the other civilization
centers, Mesoamerica (modern day Mexico) is one of the 6
original civilizations of the world, at the same level as Egypt,
China, India, Mesopotamia and Greece.
Mexico is a "cultural island" separated of LA by the small
Central American countries. Mexico is closer to North America
not only because geography, also because history and
economy. Historical Mexico´s affairs are oriented to the North,
not to the South. Mexico´s commerce is also focused in the
U.S., The Latin American countries are "providers" of natural
resources to China and USA.
Because its large population and the proximity to the U.S.
Mexico´s economy is growing and growing, now is the 11th
in the world and soon will be among the top 5. In some ways
Mexico is the equivalent of Britain in Europe, is important but
distant, have big influence in the continent but keeps a very
particular identity, wants to be respected but doesn't want to
commit.
Synergies have driven Mexico into dependence on the United
States. The US has had the option of shifting its imports away
from China and sourcing from Mexico instead. This shift has
had a huge impact on Mexico’s growth.
3
Geo–
Political
Significance

7. 7
4
Mexico -
India
Comparison
BASIS INDIA MEXCO
Continent Asia North Ameri-
ca
Capital City New Delhi Mexico city
Currency Indian Ru-
pee
Mexican Pe-
so
Government
type
Federal Re-
public
Federal re-
public
Legislature
size
790 mem-
bers
628 mem-
bers
UN member Yes Yes
BASIS INDIA MEXICO
GDP $2.07 trillion
(7th in the
world)
$1.28 trillion
(11th in the
world)
GDP growth 6-7 % 2.23%
Unemploy-
ment rate
3.6% 4.9%
Population 1.3 billion 128 million
Adult Litera-
cy rate
69% 93%
Military ex-
penditure
2.48% of
GDP
0.68 % of
GDP

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Historical
India-Mexico relations have consistently been friendly, warm and
cordial, characterized by mutual understanding and growing
bilateral trade and all-round cooperation. Both countries are large
emerging economies, with similar socio-economic development
priorities and constraints, and have democratic, secular, and
pluralistic systems, as well as convergent worldviews. Mexico was
the first Latin American country to recognize India after her
independence, and both established diplomatic relations in 1950
Political
Impelled by their commonalities, convergence of worldviews, and
an issues-free relationship, India and Mexico have collaborated
together closely on most major global issues, such as nuclear
disarmament, climate change, trade, and global economic
architecture. They elevated their ties to ‘Privileged Partnership’
during President Calderon’s state visit to India in 2007. The two
countries have exchanged as many as 11 visits at the level of Head
of State or Government, the last bilateral visit being former
President Pratibha Patil’s in 2008.
Economic and Commercial
Bilateral trade is growing rapidly in recent years, at double-digit
rates consistently, however yet well below its potential. It touched
US$6.45 b (Mexican figures) in 2014. In the first 09 months of 2015
the total bilateral trade reached at $4.6b. Mexico’s imports from
India grew at 29.93% in 2014, while in the first nine months of 2015 it
jumped to almost 3.1 billion, a 12.18% increase from the same
period of the last year, with a well-diversified basket, comprising,
inter alia, chemicals & petrochemicals, engineering goods,
automobiles & auto parts, pharmaceuticals, diamonds, textiles &
garments, and gasoline. Crude oil is still the major Mexican export
to India, besides fertilizers, iron & steel, and engineering goods. The
5
Mexico -
India
Relations

9. 9
India’s main components of export based to Mexico
Engineering goods, chemicals and pharmaceuticals, gems & jewellery, textiles,
agriculture products.
Main components of Mexico’s export basket to India
Crude oil, fertilizers, iron & steel, electrical and mechanical equipments,
photographic products, auto parts.
Potential Areas for Bilateral Trade
Software and IT, pharmaceuticals, chemicals, engineering goods, renewable
energy, biotechnology, auto parts, minerals.
Investments and Joint Ventures
Investments from India in Mexico are estimated significantly above US$ 1 billion.
Most of the leading Indian companies in IT/software (TCS, Infosys, Wipro, NIIT,
BirlaSoft, HCL, Aptech, Hexaware, Patni, Tech Mahindra etc.) and pharmaceutical
(Claris Life Sciences, Wockhardt, Sun Pharma, Dr. Reddy’s Laboratories, Torrent
Pharmaceuticals, Lupin Pharma, Zydus Pharma etc.) sector have set up joint
ventures in Mexico taking advantage of its strategic location, large market and
investment friendly policies.
In 2008, JK Tyres of India bought Mexican tyre company Tornel. Leading Mexican
companies like Homex, Cinepolis Cemex and Mexichem have likewise invested in
India in recent times. Major investments in the steel and mining sector have also
been made by the Arcelor Mittal Group.