India is world's
largest democracy & among the strongest emerging markets
in all business field. India now is a liberalized economy
with 1.5 billion people with 300 million in the middle class
bracket. We have well matured financial and securities market
and time-tested judicial systems.
We are also a WTO member committed to providing
opportunity to the global market. The Indian Government is
constantly undertaking reforms in every sector with Infrastructure
Sector receiving Government's fullest attention. India now
permits foreign investment virtually in every sector of the
economy. Majority foreign equity, even upto 100 per cent in
some sectors, is encouraged and special investment incentives
are provided in areas such as power, hydrocarbons, softwares,
electronics and export oriented undertakings.
Foreign investment up to 50, 51, 74 and
100 percent in priority industries/activities, is eligible
for automatic approval by the RBI. Automatic approval is also
available for holding equity up to 51 per cent in trading
companies engaged primarily in export activities. In addition,
100 % Export Oriented Units (EOUs) and units set up in designated
Export Processing Zones (EPZs) are eligible for automatic
approval provided they satisfy stipulated criteria. Foreign
technology agreements are also eligible for automatic approvals
within certain limits. India has 5 major metropolitan urban
centers growing @ 2.1 % p.a India's urban population is 218
million as of 2002, and expected to be 500 million by 2012:
Indian economy has a favorable business
environment in India
Set up business in India
Indian economy is on the spree of encouraging
foreign companies to penetrate Indian markets. Setting
up of business in India has now become simpler compare
to earlier years of closed economy. The Indian markets are,
as on date rated a one of the most vibrant markets from expansion
of business point of view.
Setting
up business in India requires an entrepreneur
to streamline the line of thinking as to the ownership pattern.
Depending thereon, the format of business is decided. The
source of investment is also equally important that will decide
the further benefits arising out of multi bilateral treaties
with other countries. The Government of India offers many
opportunities to multinational companies to venture in India
be it software, retail, telecommunication, infrastructure.
Investments in all these sectors are governed by the relevant
rules and regulations promulgated from time to time. Indian
market is most favoured because 70% of the population is still
untapped which is a big number.
India has become a favorite destination for business houses
world wide for the following reasons:
- Large pool of educated
low manpower cost in India
- Significant lifestyle and standard of living
- Cities with world class integrated infrastructure recognized
as necessary drivers of
Indian economy's
growth
- India has potential to attract more then US $ 100 billion
over next five years
- Export Oriented Sectors alone to attract US$ 11 billion
investments
- Increase in FDI will lead to increase in GDP
- Potential for creation of 1 Million direct and indirect
jobs each year
We invite you to browse our website for business environment in India , Indian economy & low manpower cost in India . To know more about Indian economy or any queries regarding business environment in India contact us at companyadvice@gmail.com . Get knowledge about setting up business in India or setting up a Trading company in India
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