Business in India
India is the 7th largest and 2nd most populous country in the world. It is also the 4th largest economy in the world in terms of PPP. A series of ambitious economic reforms aimed at deregulating the economy and stimulating foreign investment has moved India firmly into the front runners of the rapidly growing Asia Pacific Region and unleashed the latent strength of a complex and rapidly changing nation.
Today India is one of the most exciting emerging markets in the world.Skilled managerial and technical manpower that matches the best available in the world and a middle class whose size exceeds the population of the USA or the European Union, provide India with a distinct cutting edge in global competition.
India’s time tested institutions offer foreign investors a transparent environment that guarantees the security of their long term investments.These include a free and vibrant press, a well established judiciary, a sophisticated legal and accounting system and a user friendly intellectual infrastructureIndia’s dynamic and highly competitive private sector has long been the backbone of its economic activity and offers considerable scope for foreign direct investment, joint ventures and collaborations.
In a recent survey (Nov. 2013), Ernest & Young, a global professional service firm selected India as the most attractive destination for investment, ahead of China. For details about investment opportunity in India, one may visit www.investindia.gov.in Invest India is the country’s official agency dedicated to investment promotions and facilitations. Its mandate is to become the first reference point for the global investment community. Its mandate also includes assisting India’s investors make informed choices about investment opportunities overseas.
For information relating to state of Indian economy, annual economic reports, monthly reports, one may visit the following: