Connecting Businesses with Opportunities in India
Connecting Businesses with Opportunities in India

India Business Opportunities

Submitted by Navin Pathak on Sat, 03/26/2011 - 7:37pm.

(Updated on August 13, 2017)

India is going through exciting times. Developing into an open-market economy, India is certainly on high growth trajectory, which averaged nearly 7% per year from 1997 to 2016. The Projected GDP growth of 7.2% in 2017-2018 will make India the fastest growing economy in the world. Further, India's economy, which crossed the trillion dollar mark in 2007 and expected to become a $5 Trillion economy by 2025, is currently in 3rd position (PPP) after US and China.

The prospects of India’s long term economic growth, which is very positive, can easily be assessed from the following factors:

  1. The numbers are on your side:  564 million below the age of 20, 600 million growing middle-class, saving rates have tripled in last 12 years, etc.
  2. Growth Mindset of Indians:  Adaptability, competitive, entrepreneurial, believes in learning, earning and spending.

Now you require ‘opportunities’ and ‘political will’ for things to happen.

India is certainly a ‘Land of Opportunities’. Why? Because 1) there are tremendous challenges in India (mainly in areas such as transport and agricultural infrastructure, medical, power generation & distribution, education, healthcare) and solving these challenges means business & economic growth, 2) Availability of skilled manpower, 3) Geographical proximity to markets in South East Asia & Middle East, 4) English is well understood and spoken in India.

And, finally, the ‘political will’ that is necessary to create success is boldly shown by the current Indian Government (GoI). Under the leadership of Prime Minister Mr. Narendra Modi, GoI is implementing initiatives that not only will facilitate investments into India but will also make India a better and easier place to do business in. Some of the initiatives that the current government has started are Make in India, Start-up India, Digital India, Skill India and Smart Cities.

So far only Multi-National Companies (MNCs) with their vast resources, know-how and the right connections have been the major beneficiaries of this phenomenal growth in India. Small and Medium Enterprises (SMEs) and Entrepreneurs are just becoming aware of the growth story of India.

A simple analysis, taking into account the increasing population (See side box), growing consumption and the shrinking agricultural land, shows that there is a very lucrative market for US companies with products or technologies in the following areas:

  • Food & Beverages: food processing, food packaging, food warehouse and transport, health drinks, etc. 
  • Home based: home decor products, kitchenware essentials, bed and bath, etc. 
  • Healthcare: diagnostics and testing, medical equipment, health supplements, clean air and water products, etc.
  • Education: medical/nursing, 'train the teacher' programs, automotive mechanics, medical technicians, advanced courses in the upcoming fields of genetics and nanotechnologies.
  • Consultancy Services: engineering, business development, product development, security analysis, etc. 
  • Infrastructure: waste management, solar and wind technologies, temperature controlled warehouses, air and noise pollution control technologies, towing trucks, and automated parking lot equipment.

Similar business prospects abound in other sectors such as home land security, media & entertainment, hotel/motel, financial investment services, etc.

One of the business formats that is rapidly gaining acceptance is "Franchising". While legal infrastructure and ecosystem are in place in India, one must do a thorough research, and due diligence of the potential Franchisee and create binding agreements covering all important aspects of the Franchising before making any investments. One must also understand business norms of India and seek professional help in navigating the paper trail, IP protection, and Tax implications etc. before undertaking partnership agreements with the Franchisee. Top sectors with franchising opportunities are Education and Healthcare due to a huge mismatch between supply and demand now and in the coming years. Another popular model is Public Private Partnership (PPP) with the Government of India through a 'tender' process. 

For Urban Development, for example, Government of India has initiated a program called ‘Smart Cities Mission’ in 2015. As of Jun 2017, 90 cities have been selected for upgrade as part of this mission. US $15 billion has been approved by the Indian Government for the development of the selected cities. Details about this mission are available here https://en.wikipedia.org/wiki/Smart_Cities_Mission.  

All of the above present a historic opportunity for the SMEs and Entrepreneurs in the US to expand beyond borders to India. US companies with the right know-how are most preferred by Indian companies mainly for the reason that Indians have a very favorable view of the US according to a Global Attitudes Survey. Indian Government officials make regular visits to the US to meet with the industry experts and to promote business and trade opportunities.

I am so confident that with the efforts that not only Indian Government, Indian business conglomerates and entrepreneurs are putting towards India's growth but also the investments that foreign MNCs like Apple, Microsoft, Samsung, etc. are making in India will entice more international businesses mainly SMEs to do business with/in India. 

Comments

American Company Seeking Indian Distributors/Partners
Hernon Manufacturing is a provider of High Performance Adhesives, Sealants, and Machinery. Unlike most, we offer a complete solution throughout the manufacturing process for numerous applications. Our partners and distributors are located internationally, including India, China, Afghanistan Australia, Russia, ETC. we are world leaders in ammunition sealant and oil gasket sealants. If interested, please call 321-257-6338 x 236. We can serve both end users and distributors. Thank you
     
Looking for Investors
I have start up firm in Bangalore and reaching out to global business. looking to expand our business in Mobile operating System as for we are making Plan to get the patent upon our products under intellectual property right . and looking for investment upto 5 cr for expending the business. if any one is interested for the same, you can contact me at Lalitmohanstud@gmail.com,
     
Angel investor required for beverages distribution firm,Delhi.
Dear Sir / madam, Angel investor is required for my Juices and distribution firm in south Delhi.I am into juices distribution business for last ten year ,i am looking forward for the Angel investor for my firm. Regards, Sumant Kumar.(9810347978)
     
Marketing of your Products & Services
Dear Sirs, We are professional marketing company, undertaking marketing for New or Existing Products at National and International Level. We work as an external marketing department, doing marketing research & market promotion and guarantee results in quantitative terms. We undertake marketing with no extra fixed cost to you and work only on success basis. We have national and international proven record of marketing of varied products. Please contact us for your marketing needs. Ravinder Singh Sunrise Global TradeSourcing Ph : +91 9899353614 E-mail : ravi.rajput@outlook.com
     
wanted Distributors & Retailers in all over india
Business offer, Amazing offer in all festivals, income from 10% to 25%. We are Manufacturers of quality Detergent Powder & Multipurpose cleaning liquid to delhi region and state of Tamil Nadu. We are looking for Distributors & Retailers in all over india for these products. Interested Parties may Contact us on india@snowwash.life & Indiasnowwash@outlook.com , Or contact on mobile number 08130468498 for details and franchising. Regards, Mr.S.K.Balaji Whatsapp +91 8130468498 SNOW WASH No.199/1 neb valley near (ssdn) Neb Sarai New Delhi 110068 Website: Snowwash.life Mail id : Indiasnowwash@outlook.com
     
GOLDEN BUSINESS OPPORTUNITY – Dealer/Distributors
Golden Business Opportunity for Dealer/Distributors & Franchisee. Our company Will Provide You A Business. For Minimum security deposit and Maximum Profit. We are Searching a Dealer / distributor In Your Locality. Work Only for Cash on Delivery Company Will Going To Provide You 700-800 rs Margin For One Delivery and Company will provide you 8 to 10 Order per Day, If You Are Interested Kindly Mail- info@jogeedeals.com or directly call us on our numbers. 09093073602
     
Reg business
Mail me the complete details for further process 9538516634
     
business
what kind of this business is this plz furnish full details
     
reply
Please share your contact number
     
details
plz send more details about the product and company...
     

Pages

Post new comment