Uploaded on Mar 20, 2020
The developed nations face the biggest challenges from local players in the market. For a business to maintain its stability and growth in the market, they need to have a unique idea or methodology. I put here 6 reasons to do Business in India. And this one helps you to stable a successful business in a sustainable environment. For more info: https://www.ahlawatassociates.com/setting-business-india/
6 Reasons to Do Business in India
6 Reasons to Do
Business in India
011-41023400
1. Business Sustainable Environment
● Being a developing nation, Indian market provides a very sustainable
environment for any type of business. Economy is at growing stage which
will be very favorable for a business to maintain its stability and growth.
● Many of the cities in India have population of more than 80 lakhs; these
cities need businesses to support the livelihood. In the upcoming years,
India will be the host for some of the major infrastructural plans which will
help in creating new business environment for different sectors.
011-41023400
2. Increasing FDI
● According to reports, Mumbai is said to become the biggest market hub for
many businesses. Providing finance to entrepreneurs is the best way of
motivation.
● Foreign Direct Investment (FDI) has been at its peak from the last 5-10
years. This is due to the liberal and global policies framed by the Indian
Government. These policies have been encouraging for global investors
and also for Indian businessmen.
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3. Ease of Doing Business
● The Government of India has been playing an important role in providing
great deal of help to entrepreneurs by easing the mode of starting business
– through business-friendly laws, reducing the procedures for registration,
and liberalizing the market.
● The number of procedures has also been halved from 12 to only 6. So now
it takes only 6 days, as oppose to 26 days, to start a business in India.
011-41023400
4. Cost-Effectiveness
● When it comes to cost of basic amenities like labour, food, electricity and
infrastructure, it is much more affordable in India when compared to
developed countries.
● Most of the MNCs like Ford Motors have set up a manufacturing unit in
India not only to tap advantage of large markets it provides but also the
lower cost of production. Skilled low-cost labor is also one of the economic
reasons.
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5. Employability
● For many years the youth of India have been chasing employment and
have been in the search of a 9-to-5 job profile.
● Now, the tables have turned because they have finally got the choice of
being hired or becoming the hirer. The new India is looking forward to
bringing their country in the world map as the fastest growing emerging
economy in the world.
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6. Increasing Demand in the Market
● A few decades ago, people were not very keen about leaving a high paid
job and follow their desires in India, but now the tables have turned. A
developing country which is a hub for around 19,000 start-ups is now
emerging as the world’s third fastest growing start-up ecosystem.
● “Business is going to change more in the next 10 years than it has in the
last 50.”
~ Bill Gates
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