1-) Successful Economy

1

Successful Economy

India ranks third in terms of preferred investment destination. (Just after China and the United States) India has emerged as one of the most attractive destination not only for investment but also for doing business in the recent years. One of the fastest growing economies in the world which has not only sustained global downturn of 2008-09, India is slated to grow at consistently higher rates during next few decades. Some of the reasons which make India as a magnate of investments are:
• Large and fast growing middle class & graduation of poor to middle class and hence growing domestic consumption
• Indian Government's constantly evolving investor friendly policy
• Lower cost of production due to lower labour rates
• Availability of skilled manpower
• Abundant natural resources
• English as one of the major business languages
• Government's emphasis on infrastructure improvement
• India's location, close to markets of South East Asia, Middle East and also Europe.
India is likely to become one of the largest economies of the world by the year 2025 as per projections made by internationally renowned consultants and IMF. Businesses around the world do not like to miss the growth opportunities offered by Indian markets and hence some of them are already stepping up their investments and rest eying India for investments in coming years.

2-) Socio Economic Structure

2

Socio Economic Structure

Despite the economic recession that brought majority of the first-world countries to dire straits such as the United States, India remained stable. In fact, it registered 11 percent growth in foreign direct investments (FDI) from 2008 to 2009. It garnered more than a 110 percent growth in the areas of telecommunication and chemicals, with a percentage of 103 and 227 percent respectively.
India has a large sized middle class, which is further expanding substantially, offering a big fat market for foreign products and services. In fact, if India continues its recent growth trend, average household incomes will triple over the next two decades and it will become the world's fifth largest consumer economy by the year 2025, according to a McKinsey report in 2010. The consistent economic growth in India has been an important factor that has contributed towards the decline in poverty.

3-) The country has the fourth biggest economy in the world in the area of purchasing power parity.

3

The country has the fourth biggest economy in the world in the area of purchasing power parity.

India's per capita income is estimated to be US$ 1223.45 in 2010-11, at current prices, which is higher by 17.9 percent from the per capita income in 2009-10.
In just eleven years, from 1993-94 to 2004-2005 the percentage of people below poverty line has declined from 36% to 28%, according to a survey conducted by National Sample Survey Organization (NSSO).

4-) Governance

4

Governance

Even if the government tends to be very slow when it comes to dealing with their clients, they are still considered to be very transparent. Every major branch is independent of one another, especially the judiciary.
India has a Federal Republic Government, established in 1947 after it became independent.
The Indian political system is supported by Executive, Legislative and Judicial branches.
The political governance system in India was established by the 'Constitution of India' in the year 1950. It has given India's Union Government the governing authority of all its administrative divisions, which comprise of 28 states and 7 union territories.
The Executive branch is constituted by India's President, Prime Minister and the Council of Ministers.
The Legislative branch is made up of the dual functioning of Lok Sabha or the House of the People and the Rajya Sabha or the Council of States.
The Judicial branch is composed of the Supreme Court, High Courts and subordinate courts. India follows the British law which has been amended to suit local conditions.

5-) Locational Advantage

5

Locational Advantage

It has one of the most numbers of engineers and scientist in Asia and ranks in the top 20 in the area of technology absorption and innovation. Companies do spend money for research and development.
Located in south Asia, India has its border countries as China, Bhutan and Nepal on north-west side, Myanmar and Bangladesh on East side and Afghanistan & Pakistan on its North-West side. The great Himalaya Mountains divide India from rest of Asia in its North side. Some of the emerging and established markets such as Middle-East and South East countries are also closely located.
Naturally connected via the sea route from the other three sides, India is surrounded by Bay of Bengal, Arabian Sea and Indian Ocean which facilitates most its overseas trade in all directions.
Total area of the country is about 3.3 million square kilometres, 90% of which is land area. India is the seventh largest country in the world in area. India's coast line spreads over a length of 7,517 kilometres on three sides.

6-) The Distinctive India

6

The Distinctive India

India is a country rich in history, culture, religion and diversity. There are 22 officially recognized languages spoken here. People from all religions live harmoniously here who comprise of the Hindus, Muslims, Sikhs, Christians, Buddhists, Jains and many more.
Though majority of its people speak Hindi, they are also known to speak English very well. That basically explains why several outsourcing providers have decided to set up customer and technical support in the area.

7-) Population and Work Force

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Population and Work Force

Thanks to its population, it never runs out of manpower. It produces more than a hundred thousand professionals for the IT sector every year.
One out of every six people in the world is an Indian! In 2011, India's population is estimated at 1.21 Bllion people, against the total world population which is 6.9 Billion. Moreover, India's biggest asset is huge size of its young and working population class. The proportion of population in the working age-group 15-59 years is expected to rise from 57.7 percent in 2001 to 64.3 percent in 2026. This is going to positively impact India's growth in the coming years. According to the National Population Commission, India will add 173 Million people in working-age population by the year 2026. In fact, by this time, India will have the largest working age population in the world. This will act as a vital point in making India a world leader in coming years.

8-) You can easily license a business.

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You can easily license a business.

• Except for those that are highly regulated, you can easily file for a license for your business. You only need to have a notification.
• Foreigners can directly invest in India either on their own or as a joint venture, with a few exceptions with regard to investment limits and sectors.
• No government approval is required for FDI in virtually all sectors except a small negative list formulated by government. Sector specific guidelines are formulated by government giving sectoral investment caps if any.
• If an investment does not qualify for automatic approval, FIPB considers the proposal.
• Use of foreign brands names/trademarks is permitted for sales in India.
• Indian capital markets are open to FII's and Indian companies are allowed to raise funds from international capital markets
• Foreign technology collaborations are allowed with agreements on
• Technical knowhow fees
• Payment for designs and drawings
• Payment for engineering services
• Other royalty payments

9-) Education Strata and Manpower Resources

9

Education Strata and Manpower Resources

It has very friendly economic reforms, which include stable tax rates, acts and amendments favorable to creditors and companies, Foreign Exchange Management Act, and repatriation of capital investments as well as profits and dividends.
India can boast of remarkably strong manpower resources with one of the most developed higher education systems across the globe. India's size of education system ranks third in the world, after US and China.
The literacy rate in India is 74 percent in 2011, with English being understood and used commonly as a medium of spoken and written communication.
India had 409 university level institutions in 2008-09. The total number of colleges is 25,990 and that of polytechnics was 1742.
Total number of annual enrolment for various postgraduate courses is as high as 18.6 Million in the nation.
[update]India has 1522 degree-granting engineering colleges with an annual student intake of 582,000.
The number of student enrolled each year to become doctors is as large as 273,366 in India.
The number of graduates from other courses like management, law, architecture, hotel, travel and tourism management are also growing fast.

10-) There is the presence of countless international banks in the country.

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There is the presence of countless international banks in the country.

India is home to biggest number of financial institutions and it is estimated about over 130 different banks and more than 50'000 bank branches in India.A bank is a financial institution where you can deposit your money. Banks provide a system for easily transferring money from one person or business to another. Using banks and the many services they offer saves us an incredible amount of time, and ensures that our funds "pass hands" in a legal and structured manner. When you deposit money in a bank, you have the comfort of knowing your money is in a safe, insured place. Most people and businesses, including your employer, need to have a paper trail to document transactions. Checks are a perfect way to keep a permanent record of business activities, even when they are personal.
India is home to biggest number of financial institutions and it is estimated about over 130 different banks and more than 50'000 bank branches in India.
A bank is a financial institution where you can deposit your money. Banks provide a system for easily transferring money from one person or business to another. Using banks and the many services they offer saves us an incredible amount of time, and ensures that our funds "pass hands" in a legal and structured manner. When you deposit money in a bank, you have the comfort of knowing your money is in a safe, insured place. Most people and businesses, including your employer, need to have a paper trail to document transactions. Checks are a perfect way to keep a permanent record of business activities, even when they are personal. There is the presence of countless international banks in the country.
Reserve Bank of India - ABN AMRO Bank -Abu Dhabi Commercial Bank - Ahmedabad Mercantile Co-op. Bank, The Allahabad Bank - Amarnath Co-operative Bank Ltd. - Andhra Bank -Axis Bank -Bank of India - Bank of Baroda - Bank of Maharashtra -Bank of Rajasthan, The Banknet India - Barclays India -Canara Bank - Catholic Syrian Bank - Central Bank of India - Citibank India - City Union Bank -Corporation Bank - Cosmos Co-Operative Bank - Dena Bank - Deutsche Bank AG, India - Development Credit Bank - Dhanalakshmi Bank - Export-Import Bank of India - Federal Bank -The Greater Bombay Co-operative Bank Ltd. -Guardian Sahakara Bank Niyamita -HDFC Bank Ltd. - ICICI Bank - IndusInd Bank Limited - Indian Overseas Bank - Indian Bank -IDBI Bank Limited -ING Vysya Bank - The Kapol Co-operative Bank Ltd. - Jammu and Kashmir Bank Ltd., The - Karnataka Bank - Vijaya Bank - Yes Bank - United bank of India -Union Bank of India (UBI) - UCO Bank - Thane Janata Sahakari Bank - Syndicate Bank - State Bank of Travancore - State Bank of Patiala - State Bank of Mysore - State Bank of India - State Bank of Hyderabad - State Bank of Bikaner and Jaipur - South Indian Bank - Small Industries Development Bank of India - Shamrao Vithal Co-operative Bank Ltd., The - Saraswat Co-operative Bank - Ratnakar Bank - Punjab National Bank - Punjab & Maharashtra Co-operative Bank Ltd. -Oriental Bank of Commerce - New India Bank -National Bank for Agriculture and Rural Development - Lakshmi Vilas Bank Ltd., The - Kotak Mahindra Bank -

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