Why India?
India offers abundant investment opportunities across different sectors. From consumer goods to infrastructure and IT to agriculture, India has substantial room for economic development. It is a good time to invest in India. The government of India has been very accommodating when it comes to foreign investments. Government has taken several measures in the recent past towards ease of doing business and ease of living for the corporates.
India is one of the world’s fastest-growing economies, with the International Monetary Fund forecasting economic growth of 7.5% in 2016. India has its largest ever adolescent and youth population. It will continue to have one of the youngest populations in the world till 2030. Hon’ble PM Shri Narendra Modi announced a special economic and comprehensive package of more than $270 bn – equivalent to 10% of India’s GDP.
India is an attractive option for companies seeking to expand their markets internationally, especially in retail, manufacturing, pharmaceuticals, steel, information, and space technology. The Make in India project, announced by the government in 2014, aims to transform India into a global design and manufacturing hub.
India jumps 79 positions from 142nd (2014) to 63rd (2019) in ‘World Bank’s Ease of Doing Business Ranking 2020’.
Centre of global maritime trade to move from the Pacific to the Indian Ocean Region. India and China will be the largest manufacturing hubs in the world by 2030.
The population of India is expected to rise from 1210 million to 1520 million during 2011-2036 an increase of 25.7% in twenty-five years.
By 2030, it is estimated that around 42% of India’s population would be urbanized from 31% in 2011.
India has the third-largest group of scientists and technicians in the world.
India ranks 3rd amongst the Lower Middle-Income Economy Group. India is the largest democracy in the world, and India is also geopolitically stable.
The nation has a large and young workforce, and labour costs remain competitive with its Asian peers. While India has a reputation as being an outsourcing destination delivering reduced costs, the country is increasingly being recognized as the world’s largest potential market for goods and services.