Here are a number of reasons as to why you should expand your business to India:
● Forecasting of Indian economy growth by the World Bank announces that India is a more suitable, profitable, reliable and easy to expand business market compared to China and Japan.
● India is considered an emerging economy.
● India is located in the middle of South Asia.
● India has the second-largest population in the world – over 1.2 billion people.
● India has the seventh-largest country by geographical area.
● India has the most populous democracy in the world, in terms of citizenry.
● It has the world’s second largest labour force with approximately 520 million people who make up a huge pole of skilled manpower, professional managers, as well as semiskilled and unskilled labour available at a comparatively moderate cost.
● India's rapidly expanding middle class represents substantial market.
● Many companies have expanded to India for cheap labour costs but then stayed for the quality and are now investing for innovation on a global scale.
● The ease of doing in business in India ranked 134/183 in 2011. India is ranked 32nd among 183 economies for getting credit, and 44th in protecting investors.
● The Indian telecommunications industry has one of the fastest expansions in the world.
● The growing dynamism of the economy and the prosperity demonstrates the demand for quality education in India.
● The Government of India estimates $500 billion spending in next 10 years in the infrastructure sector, where the private sector will be most active. There are significant opportunities for investors and overseas companies with international experience in
planning, engineering and implementation of projects, feasibility studies and environmental impact studies and construction.
● India is considered an emerging economy.
● India is located in the middle of South Asia.
● India has the second-largest population in the world – over 1.2 billion people.
● India has the seventh-largest country by geographical area.
● India has the most populous democracy in the world, in terms of citizenry.
● It has the world’s second largest labour force with approximately 520 million people who make up a huge pole of skilled manpower, professional managers, as well as semiskilled and unskilled labour available at a comparatively moderate cost.
● India's rapidly expanding middle class represents substantial market.
● Many companies have expanded to India for cheap labour costs but then stayed for the quality and are now investing for innovation on a global scale.
● The ease of doing in business in India ranked 134/183 in 2011. India is ranked 32nd among 183 economies for getting credit, and 44th in protecting investors.
● The Indian telecommunications industry has one of the fastest expansions in the world.
● The growing dynamism of the economy and the prosperity demonstrates the demand for quality education in India.
● The Government of India estimates $500 billion spending in next 10 years in the infrastructure sector, where the private sector will be most active. There are significant opportunities for investors and overseas companies with international experience in
planning, engineering and implementation of projects, feasibility studies and environmental impact studies and construction.