A leading world business survey revealed that Indian economy is the second largest economy in Asia. With the annual GDP growth rate of 8.7% (first quarter of 2011) and a country of billion plus population offers lucrative and diverse business opportunities across all industries and sectors. India is the destination of many leading investors from developed countries including USA, UK, Canada and Germany as business in India promises a good return on investment. Being an emerging economy and a largest democracy in the world, India offers a stable and business friendly rules and regulations to start a new enterprise. Indian legal environment and policy attracts several foreign association and collaboration for doing business in India. Globaljurix, a leading Indian law firm has clients including small and medium and large business houses, multinational companies, public sector undertakings, ministries and Govt. authorities provides all business solutions relating business law.

Our expert team includes professionally qualified and highly experienced lawyers and business experts will help you all the way to enter into the Indian business market and having smart legal technology and concepts on the most efficient market entry strategy and tax efficient structure. Our experienced lawyers can provide you assistance and support to achieve success with rich experience and high proficiency. From Globaljurix, India is counted among those nations that have been affected by global recession, so it clearly proves that Indian business environment and business potential is vast. While its legal policy and environment, size and growth present India is the most favored and safe investment destination, which offers high return on investment.

The Indian business market is very wide to offer new business opportunities for new business. Doing business India is promoted by professional efficiency with several years of global experience in diverse industry verticals. It has been observed that Indian domestic market has the huge potential which was untapped for many years is now catching the attention of global investors because of stable business environment, easy rules and regulations and last but not least is the good return on investments.

FACTS ABOUT INDIA

• Full name: Republic of India
• Population: 1.2 billion
• Capital: New Delhi

• Most-populated city: Mumbai (Bombay)

• Area: 3.1 million sq km (1.2 million sq miles)

• Major languages: Hindi, English and at least 16 other official languages

• Major religions: Hinduism, Islam, Christianity, Sikhism, Buddhism, Jainism

• Life expectancy: 62 years (men), 65 years (women) (UN)

• Monetary unit: 1 Indian Rupee = 100 paise

• Main exports: Agricultural products, textile goods, gems and jewellery, software services and technology, engineering goods, chemicals, leather products

• GNI per capita: US $720 (World Bank, 2006)

• Internet domain: .in
• International dialing code: +91

Some Basic Facts about India

Did you know that India.....

• is the world's second largest small car market

• is one of only three countries that makes its own supercomputers

• is one of six countries that launches its own satellites

• one hundred of the Fortune 500 have R & D facilities in India

• has the second largest group of software developers after the U.S.

• lists 6,500 companies on the Bombay Stock Exchange (only the NYSE has more)

• is the world's largest producer of milk, and second largest producer of food, including fruits and vegetables

• is a world economic power, with growth over the past few years averaging 8%

• is the world's fourth largest economy, based on purchasing power parity

• sends more students to the U.S. A. colleges than any other country in the world (In 2007, over 84,000 Indian students enrolled in the U.S. A.)

• has the world's second largest pharmaceutical industry after China

• has a middle class estimated at 300 million out of a total population of 1 billion

• with its large base of English speaking skilled human resource, it is most sought after destination for business process outsourcing, Knowledge processing etc.

• is the second largest English-speaking scientific, technical and executive manpower in the world

• produces more than 900 movies a year - significantly more than the USA

• has become increasingly attractive to foreign investors in various sectors

• its low costs and huge, English-speaking, workforce have made it popular with multinationals for work including manufacturing and call centers.

• provides many tax exemptions to companies set up in Special Economic Zone

• provides many tax incentives available to IT companies, business process outsourcing and KPO companies

• has a stable political system based on parliamentary democracy

• has a common law legal system with English as a court language

• is emerging as a major market and investment destination.

 

 

Source:

1. http://www.globaljurix.com
2. http://madaan.com