Bringing your business to India is the need of the hour for every major establishment worldwide, as being the third largest economy in Asia, India offers a lot of opportunities that are yet to be explored to their full potential by global investors.
Why should foreign companies invest in India?
According to India Attractiveness Survey 2014 conducted by Ernst and Young with the help of information supplied by 502 global professionals associated with companies that have presence in markets such as Europe, Asia, West Asia and North America:
- More than half of the percentage crowd, i,e. 53.2% indicated that increasing their presence in India is on their agenda
- 23.7% said they are planning to expand operations of their already functional units in India
- A remarkable 86% find India’s low labor costs to be its most attractive asset
You can bring or launch your business in India,Furthermore, New Governance under the current Honorable prime minister Mr. Narendra Modi is focusing on addressing many of the key challenges faced by global businesses which is likely to help boom foreign investment in India.
What are the key challenges for foreign companies trying to enter Indian Market?
Some of the key challenges faced by foreign companies in India are as follows:
- Infrastructural limitations
- Business environment
- Foreign direct investment (FDI) regulations
- Taxation policies and other regulatory hurdles
However, the new Governance has brought a fresh wave in the global market and investors are increasingly considering India as favorable destination for their services and manufacturing supply chains.
How can management consultancy help with the transition?
Curoso Consulting has a team of experts who have over 20 years of exposure in dealing with various operational and regulatory challenges faced by companies setting up new businesses in India. We specialize in planning launch and execution of business keeping these challenges in mind and reduce the impact of local factors on our clients as much as possible. Curoso has helped many organizations from regions like Israel, UK, US, Europe and South-East Asia to successfully launch their business and undertake coordination of entire activity right from start up to full fledged operations. Curoso offers New business start up services like company formation and registration, liaison and representation office, virtual space, pre-launch events etc. that cater to your every need in ensuring smooth launch of your business in India.
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