Since the dawn of time, India has been one of the most sought after markets for international traders. India’s globalization policies in 1991 allowed foreign brands and companies to enter and do business in India.In 2004 these laws improved when the government brought in many more policies for foreign businesses to not just trade but also invest in India.
This historic move, with the decade-old globalization policy, made India into one of the most competitive market and also brought many of the global brands and businesses along to India.
The Indian economy is growing at a faster pace in comparison to other nations and is rapidly becoming a leading force in the global economy. According to research and statistics, India has the ability to sustain the growth rate of 8 - 10% in the coming years. The presence of foreign investors is only going to rise in India, given that many brands have already openly expressed their intention to start operations in India. The Indian market with about 1 billion population has become a hub of opportunities for global investors thanks to the changing demographics, rising discretionary incomes, and the emergence of modern retail. With a growing appetite for foreign goods, brands and services, India represents clear business opportunities for businesses of all sizes and for investors from different sectors.
Vibrant democratic setup: a vast legal framework, independent judicial system, a network of bank branches, multiple financial institutions, and an efficient and methodical capital market make India desirable for foreign investors.
Technical and management institutions: India has a strong base of English-speaking population, outstanding human resources and can provide a solid infrastructure, which gives it a great advantage over multiple countries.
Government Initiatives: Interesting schemes and policies, ease of rules and regulations by ministries of varied sectors, accessible infrastructure and an alluring market structure gives India an edge over other countries.
Cost-effective: Despite the rise in labour costs in every year, investors from around the globe want to expand in the Indian market because India has the capability of producing quality products and top-class services at a much lower cost. There is always value for the money invested in India.
International trade accounts for 54% of India’s GDP. Auroma Global Connect aims to be the go-to firm in India for international organizations to enter and expand the Indian market. From infrastructure to compliance of legal requirements and manpower, Auroma Global Connect will take care of all your necessities to ensure your brand not only establishes in India but also maximizes the return on investment.
Get in touch with us to know more about how Auroma Global Connect can help you enter India.
