India’s economy has been growing at a rapid pace in recent years, making it an attractive investment destination for international businesses. With economists predicting that India will soon become the world’s third-largest economy, it is no surprise that more and more companies are looking to expand their operations in the country.
The government has introduced several policies and initiatives to encourage foreign investments and ease of doing business. This has led to a surge in foreign direct investments (FDI) in various sectors such as manufacturing and services.
The manufacturing sector has been experiencing a significant boom in recent years, thanks to the government’s “Make in India” initiative. The growth of the sector has not only led to increased job opportunities but also contributed significantly to economic growth. In the Information Technology sector, the country’s emergence as a major player in the Information Technology sector has been nothing short of remarkable, with its homegrown start-ups and unicorns making waves on the global stage.
The automobile sector with its focus on sustainability, shared mobility, connected vehicles, and seamless technology integration is an exciting market for companies looking to invest in the future of the automotive industry. Moreover, the country’s large consumer market with a population of over 1.4 billion people offers significant growth opportunities for businesses across different industries.
Conclusion :
India is a fast-growing market, however navigating the market can be daunting due to its complex regulatory framework and diverse cultural landscape. The 2023 edition of ‘Guide to establishing presence in India’ intends to serve as a primer and provides a broad overview for investors planning to enter the market. It explains the basics of entity establishment, sources of finance, import-export, labour regulations, financial reporting, audit regime, taxation laws and other compliances in India.
We hope you will find the guide informative.
Key highlights
- Statistics about India
- What makes India an attractive investment destination
- Brief overview of the key sectors of the economy
- India’s vibrant financial sector, including banking, insurance, capital markets, and non-banking financial sectors
- The guide also covers foreign investment options, establishing a presence in India and opportunities within IFSC GIFT City.
- The guide is updated with laws and regulations as on 1 June 2023