India is one of the fastest growing economies in the world and has emerged from the COVID-19 crisis as one of the leading nations in terms of GDP growth and FDI inflows. Major reforms have been carried out in recent years across a number of sectors ranging from Defense, Electronics, Pharmaceutical, Civil Aviation, Manufacturing, Construction to name a few. The Central and State governments have sector-specific policies, incentives and subsidies to promote manufacturing.
India also boasts of a highly skilled workforce comprising of engineers, technicians, management professionals and scientists.
Political Stability:
India is the world’s largest democracy and has a Parliamentary form of government, which is federal in structure with unitary features. In addition, India has independent legal, political & financial institutions which ensure long-term stability
Improving Regulatory Framework:
India has undertaken various policy reforms and process simplification towards great predictability, fairness & automation. A highly digitized framework, transparent taxation system and simplified export-import procedures have made it easier to do business in India.
Skilled Workforce + Demographics:
India will continue to have one of the youngest populations in the world over the next few decades. A large portion of the population is educated, conversant in English and highly skilled.
Infrastructure Expansion:
India is rapidly expanding its infrastructure to build a better world. Sectors such as Energy (24%), Roads (18%), Urban (17%) and Railways (12%) amount to around 71% of the projected infrastructure investments in India.
The time to explore opportunities in India is NOW. Just ask us how!
Read more about the diverse industrial landscape of India in another blog post on our site here!