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

Worth Your Attention

Doing business with India: Some interesting numbers to feel good about.

  • $35 billion investment by Japan over a period of 5 years and along with it their expertise in making bullet trains.
  • Australia is set to sign a Nuclear Power deal with India to supply around 500 tonnes of Uranium to India.
  • Satya Nadella (Microsoft), Indra Nooyi (Pepsico), Sheryl Sandberg (Facebook), Jeff Bezos (Amazon), Mark Zuckerberg (Facebook) discusses possible investments.
  • Israel inks $5 million deal for Joint Educational Research programme.
  • $20 billion investment from Xi and his Chinese counterparts.
  • 2 billion Euros support from France for sustainable development in India.
  • Airbus to increase outsourcing in India from 400 million euros to 2 billion euros over the next five years.
  • French National Railways has agreed to co-finance an execution study for a semi-high speed project on upgradation of the Delhi-Chandigarh line to 200 kmph.
  • Canada agrees to supply 3,000 metric tonnes of uranium to India from this year to power Indian atomic reactors.

Doing business in India can be challenging for anyone especially for an unprepared outsider.  Access to timely, practical and reliable information is the key to doing business in India successfully.

The following are the qualified resources for you. Feel free to browse these resources for successful outcomes of your engagements in India:

1. ENTRY INDIA Guide: For its goal to prepare foreign companies thoroughly with all aspects of doing business with India before, during, and after their India initiative, Entry India created an excellent business resource - ENTRY INDIA Guide that lists all the necessary business and travel related information in a structured format.

 

2. NEWS Feed: For the current happenings in the India’s business landscape, the ‘News’ section here sources India related business news from many credible online newspapers.

"In fact, the roaring labour costs and stricter environment regulations in China have pushed enthusiastic investors to look away and eye India as a more desirable destination, particularly those from small- and medium-sized businesses," state-run Global Times reported.

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Based on a simple analysis of the promises by AAP party, shown below, what would you propose to AAP? (time for some innovation, may be)

  • 500 new schools
  • 20 new colleges
  • 1.5 million CCTV cameras
  • 30,000 new beds to city hospitals
  • 200,000 public toilets

So at an average,

  • a school to be started in every 3.65 days
  • a college to be started in every 91.25 days
  • a CCTV to be installed in every 2 mins
  • 16.4 beds in city hospitals every day
  • a public toilet to be build in every 13 mins

Funding sources: 50% cut in electricity tariff, VAT reduction, free water and free WiFi....
Some of the road-blocks: Delhi police, Land are under Central Government

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The states will be ranked based on these parameters that include the ease in setting up business, registration of property, labor compliance, infrastructure availability, finance and tax issues, inspection reforms and ease in exiting business.

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"IKEA held our hand through the journey — training, counselling and guiding us and our workers at every step," says Zafar Iqbal Ansari, chairman, Eastern Home Industries.Ansari's factory, the one dedicated to IKEA, employs 2,000 people (up from around 100 in 2008-09), 300 of whom are women. The Swedish multinational helped organize training programs for women to make them employable.

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To scale up the trade relationship, President Obama announced $4 billion in government-backed investments and lending to India - $1 billion would be used to finance exports of 'Made-in-America' products, while another $1 billion will be made available to small- and medium-sized enterprises in underserved rural areas of India. Investment worth $2 billion will be committed for renewable energy in India, President Obama told a gathering of 50-odd top business leaders.

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