Connecting Businesses with Opportunities in India

India Business Opportunities

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

(Updated on March 4, 2018)

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

Seeking investment to start a gold business in Dubai
I am Rajeshkumar from Dubai and looking for an investment to start a gold and diamonds trading company in Dubai with Dubai multi commodity center. 50% Return on investment per annum can be provided along with 3 years residence visa. Feel free to contact me for further discussion. +971521475926 - WhatsApp.
     
Sponsor in oman
We are clearance company in oman we looking for freight forwarder company interest to expand here business by open his own branch in oman we will provide sponsor and commercial registration and visa expeensives will be debit on your compan Whatsapp 00968 97730994 Email mohamedalmazroi1877@gmail.com
     
Business offer
We have very good business opportunity for the investors (sleeping as well as active partners) in Maharastra state in wine business (English as well as desi).We can arrange the licence for for both (English as well as desi wine) which is valid for life time in MH and can be arranged by us.It can be acquired on any person's name of indian origian. As you all aware that liquor business is ever growing and cash counter without any trouble.Interested person can contact me on mail id - gopalsh369@gmail.com
     
Commercial Development Investment, South Africa,
I own a Light Industrial Property 2 km from King Shaka International Airport. 4366 sqm. Ideal for development for mini factories or whare house for rental,
     
requirement dealers and distributor
Golden Business opportunity , we have leading e-commerce company , looking for dealers and distributor in e-commerce company , any one interested person contact us. ARNAV AGRAWAL 8269498128 , mail me .arnav@focasindia.in
     
looking for a business partner
Dear sir/ma, I wish to seek for a business partner kindly contact me for more details at: ramotarsinghtynes@gmail.com
     
Angel investor - wanted
Hi We are a small scale unit manufacturing decor products. We are scaling a growth of 100 % annually and seek to sustain this growth for at least 5 coming years. We are currently working at 10% of our production capacity. We were primarily focussing on different markets before we started to focus on Indian market. We are looking to set up dealer offices pan India and set up a distributor network. For that we have to set up a central warehouse etc. If anyone is interested please contact us. We seek to share profits. Regards Varun Bansal
     
Interested
Dear Varun, please share the details with me, on my email ID, we have space, man power, ability to work on international level. Ready to partner with big/high thinker. Regards spireinternationalpl gmail com
     
Details about your Manufacturing Unit
Hello Varun, please tell us more about your manufacturing unit and the products you are making. so now you want to focus on Indian market?
     
USA Based Tech. Company welcomes trade equiries
FOOD/ BAKERY / AGRO Processing Machinery, Parts & USA Based Tech. Company welcomes trade equiries for All FOOD/ BAKERY / AGRO Processing Machinery, Parts & Service (incl. JEROS, SANIMATIC, Holland Applied & More). Contact e-mail: info@tekmerik.com / iyersab@gmail.com
     

Pages

Post new comment