Doing business in India offers enormous opportunities for Foreign companies. However, India is a large and complex market. It should not be seen as one market, but a series of interconnected regional markets where the legislative and investment climate may change from one state to another.
It is wiser to be in India now…
- Fastest growing economy in the world
(Current: 7% , by 2018: 7.8%)
- World’s third largest economy
(Would double in size to US$ 4–5 trillion in a decade)
- Taxes on companies has been reduced to 25%
(For companies with annual turnover less than 50 Crores)
- World’s second-largest
… Read more
Developing Asia is facing considerable headwinds. Delayed recovery in major industrial economies and moderating prospects for the large economies of the People’s Republic of China and India weigh on region’s project growth forecasts. With the european economy meltdown, asian economy continues to grow.
Emerging : Asia leads global growth
A key factor behind Asia’s rising influence is the size of its economy. In 1990, the top five economies were not among Asia. However, now the top three economies are Japan, China and India.
Asia’s share in world GDP in real US$ purchasing power parity (PPP) was 23.2 percent. … Read more
RBI has liberalized and simplified the the procedures for institution of Project Offices in Asian countries. General permission has been granted to foreign entities for fitting Project Office(s) in Asian country. This permission is subject to the adherence to the provisions of Regulation four, and Regulation five of the FEMA Regulation No. twenty two that bury alia includes the subsequent conditions to be glad.
(i) It’s secured from associate Indian company a contract to execute a project in India; and
(ii) The project is funded by inward remittal from abroad; or
(iii) The project is funded by a bilateral or … Read more