India is the biggest democracy in the world. The nation ranks second in the world in terms of total populace. The liberalization and globalization of the Indian economy has resulted in more foreign direct investment (FDI) inflows in Indian marketplaces. Consequently, the scope for business in India has amplified. There are lots of business opportunities in India for foreign investors, Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) and Overseas Corporate Bodies (OCBs).
The nation offers generous policy regime, accompanied by easy obtainability of loans, funds and numerous other initiatives, which makes India a worthwhile investment destination for NRIs and PIOs. Some of the talented segments where NRIs might invest consist of power, mining, pharmaceuticals, hotel & tourism, coal & ignites and other infrastructural ventures. NRIs can also invest straight in Indian real estate except purchasing agricultural lands or plantations. They can delve into colossal number of central and state sponsored ventures in key infrastructural segments like education, healthcare and construction for higher returns.
Business Opportunities in India
Some of the chief aspects that help businesses in India to flourish consist of: • High number of individuals with disposable income, emergent middle class, low cost competitive labor force and investment friendly strategies • Handiness of rich natural resources • Obtainability of a substantial section of population adept in English • A well-established banking system comprising of public and private banks and other financial establishments • Competitive lead in Information Technology, which can be used to augment productivity in industries • Enhanced infrastructure for business ventures
Investors can also take the assistance of business incubators and facilitators via foreign investment facilitation India to become established and supportable during their start-up stage. Business incubators are programs intended to cultivate the development of entrepreneurial corporations. They offer the companies with business support facilities, business guidance, support with business planning, market and international systems, and also aid in attaining finance. Incubators typically offer firms rental space with flexible leases, elementary office services and access to equipment’s; all under one roof. Prosperous completion of a business incubation program upsurges the probabilities of a start-up firm to stay in business in India for long term.
Government Initiatives
To entice foreign investment into India, the Government is offering numerous facilities to NRIs, PIOs and OCBs. The economic reforms have brought policy vicissitudes in terms of straightforwardness of entry, investment, location, utilization of technology, import and export. These vicissitudes have created an investment-friendly atmosphere, which leads to more business opportunities in India.