Nearly two decades of economic liberalization, coupled with robust domestic demand, a growing middle class, a young population and a high return on investment, make India a credible investment destination. India jumped 30 places higher in World Bank’s recent ease of doing business report and is aiming to be in the top 50.
Invest India is scheme started by the government’s foreign investment promotion agency, which is planning to actively promote the country as an investment destination and has drawn up a list of 200 companies not present in India that it wants to target. There are 33 identified investment … Read more
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
Reserve Bank of India recently painted quite a gloomy picture for the Indian economy and rating house Moody’s too pointed out how corruption and scams are hampering the country’s business environment.
According to research firm Dun and Bradstreet, India will become a $5.6 trillion economy by 2020. The firm has also predicted a three-fold jump in the country’s gross domestic product, from $1.7 trillion last fiscal, on the back of rapid investment and growing consumer expenditure.
1. India’s GDP is on a roll
India’s gross domestic product is reaching new heights every year. India is now the 10th biggest economy … Read more