Why expand to india

India is a complex large market, having the right partner to be able to represent your company and implement your strategy is key. Hire good staff in India- When you hire good staff, trust them to run a business.

They know what works best in India. Take objective advice from people who have done it- take any opportunity to network and get in contact with people who have already set up businesses in India or know people who have.

These are key players into the industry. You are here Expanding your Business into India Back to top Expanding your Business into India India is one of the fastest growing economies, spending billions on Infastructure, and is the world's second most popular market. Top 5 Tips before expanding into the Indian Marketplace 1.

And as business is a game of return on investment, India over the long term offers unique advantages, which cannot be overlooked for a long period of time. Despite its share of woes , those businesses that walk in and stay enjoy healthy returns over a period of time. According to some estimates, particular priorities for India will be maintaining a prudent fiscal policy stance by further extending its openness to foreign trade and investment, significantly increasing the investment in transport and energy infrastructure and improving educational standards particularly for women and those living in rural areas.

In the course of this process, the drivers of growth are likely to change. India is likely to become less dependent on outsourcing and more on manufacturing exports by building on its strong engineering skills and rising levels of education in the general population over the next decade. Consumer markets in major Indian cities will also become increasingly attractive to international companies as the size of the Indian middle class is growing rapidly over the last few years.

Furthermore, this is expected to almost double for the 12th five year plan So, not many economies can foresee such opportunities going forward. For calendar year, the FDI is expected to be more than 30 billion US Dollars a continuous rise confirming the interest and promise India holds and delivers. While these numbers may be small in absolute sense compared to some other economies, the trends indicate a strong positive bias.

The expansion plans of some of the global companies indicate their confidence in future based on their past success in India. They have progressed on the learning curve quite rapidly and feel well entrenched to capitalize on the strong base they have built up.

These MNCs are helping diffuse technology and innovation in key sectors such as Pharma, solar energy, agriculture, biotech, nuclear and defense. The MNCs and the Indian industry are gaining a lot from each other.

The programme will solely focus on providing support to small and medium UK enterprises. Finally, the UK and India have very recently agreed on an ambitious new tech partnership which will pair businesses, venture capital, universities and others from different regions in the UK with states in India.

The partnership will encourage innovation and productivity by helping businesses in the UK and India collaborate on emerging technologies, develop mentoring relationships and exchange staff. Initially the pilot will connect the UK with Pune in Maharashtra, focussing on the Future of Mobility, including low emission and autonomous vehicles, battery storage and vehicle light-weighting.

Additional connections will be linked to Bangalore with a focus on augmented and virtual reality, advanced materials and artificial intelligence. Exporting to India: What to consider.

India: Emerging market of choice for acquirers. India — Still a land of opportunity for business. The recent Make in India programme launched to project India as a preferred investment destination and a global manufacturing hub promotes investment in twenty five focus sectors including automotive, aviation, biotechnology, technology, pharmaceuticals, transport, renewable energy and more.

As part of the Make in India initiative several steps have been taken collectively by all the government departments and states to promote investments from Indian and foreign investors in the focus sectors. FDI norms have been revised including opening various sectors for foreign investments. With these improvements in the economic landscape, India has been witnessing huge investments from all over the world in various sectors.

The following guide is a glimpse of the roadmap for successful India market entry and an opportunity to understand why expanding a business to India is a stake that promises big returns on investment. The fore mentioned figures and statistics combined with the right strategies can help any business gain ground in India. If you are keen on expanding your business to India, contact the most trusted India market entry firm today and make your expansion journey risk free.