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India has emerged as the fastest growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships.
After contracting by 7.1 per cent in 2020, India’s gross domestic product (GDP) is likely to grow 12 per cent in 2021 as near-term prospects have turned more favorable, Moody’s Analytics said.
The GDP of India’s is expected to reach US$ 5 trillion by FY25 and achieve upper-middle income status on the back of digitization, globalization, favorable demographics, and reforms.
India is expected to be the third largest consumer economy as its consumption may triple to US$ 4 trillion by 2025, owing to shift in consumer behavior and expenditure pattern, according to a Boston Consulting Group (BCG) report. It is estimated to surpass USA to become the second largest economy in terms of purchasing power parity (PPP) by 2040 as per a report by PricewaterhouseCoopers.
Not only this, India’s scale is extraordinary. By 2025, one-fifth of the world’s working age population will be Indian. By 2030 there will be over 850 million internet users in India. By 2035 India’s five largest cities will have economies of comparable size to middle income countries today.
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Setting up a business in India often requires relevant information and insight about how the country’s industrial landscape is, how the key sectors are performing, and what are the major industry trends to watch out for.
We help you on your journey of finding Opportunities in India and ensuring that you have valuable and unique industry insights before setting up shop.
Business In India
The advent of liberalization in India did not manage to inspire confidence in business owners / entrepreneurs / investors. Setting up a company or business and operating it in India continues to seem like a daunting task.
However, with the evolutionary change in the government’s thinking about economic growth through deregulation, corporate ease and infusion of investments via mutually beneficial operational and financial structures for investors, both domestic and overseas / foreign investments, India now offers a wide range of opportunities to investors in setting up a business/company in India ensuring that it is no longer a distant dream to not just set up a business in India but progress exponentially.
Reinforcing the vision of growth for India and enabling the ease of doing business in India, Opportunity In India provides comprehensive assistance to guide you through the best entry strategy for setting up and operating in India.