Starting
business activities in India
For the past few years, India has been attracting foreign
investors for flourishing business activities. Gone
are the hostile investment regulations and the closed
economy that prohibited any kind of foreign investments.
The present scenario promises a green pasture for setting
up any kind of business activities. No wonder, India
has been rated as one of the most dynamic markets of
the world in terms of business development.
There are two important factors that
determine the future of business in India – first,
the entrepreneur and second, the investment resource.
An entrepreneur can contour the business activities
effectively in the Indian market perspective. The bilateral
agreements between India and other nations have to be
considered while investing in a business, and thus the
source of investment plays an important role in it.
There are many areas of businesses such as infrastructure,
telecommunication, IT, retail, etc., where the Government
of India has consolidated the foreign investment policies
as these are the prime sectors where foreign investment
demands are much higher compared to other sectors.
It is estimated that India can produce
about one million jobs every year, and it has the potential
to attract more than US$100 billion investment in the
coming five years, in which US$11billion can be contributed
in the export sector alone.
To summarize, the following can be
attributed as the prime reasons for accepting India
as the global market.
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