doing business in india
May 23, 2016
For doing business in India, "Apple CEO’s, Tim Cook, move to connect to the Indian public via cricket, Bollywood, and religion shows the the way to win India is through her heart – not through the power center of New Delhi.", according to Tech in Asia.
If a country's importance to a global firm is measured by CEO visits, Apple CEO's score is telling: China 8, India 1.
May 20, 2016
While global iPhone sales fell for the first time ever, a drop of 16% from the first quarter of 2015, they rose 56% in India in the same quarter.
“India is home to one of the most vibrant and entrepreneurial iOS development communities in the world,” said Tim Cook, Apple’s CEO. “With the opening of this new facility in Bengaluru, we’re giving developers access to tools which will help them create innovative apps for customers around the world.”
Other than the challenge of someone recording moveis from the laptop and selling them, I am very sure that Netflix will do very well in doing business in India.
This also means that Internet service providers will also make lot of money especially from the plans that will support HD video quality.
'Startup India Action Plan' is creating waves and is applauded by entrepreneurs and investors all across India eversince India's PM Mr. Narendra Modi launched it on 16th Jan, 2016.
Here is a link to download the complete Startup India Action Plan.
How did China do it? What lessons does China's experience hold for India? We discuss four policies which helped China's emergence as the world's factory and their relevance for India.
- Building Infrastructure “Ahead of Time”
- Letting Selected Industries and Regions Take the Lead
- Sharp Reduction in Barriers to Inbound FDI
- Investment in Skill Development
With no tangible results felt by the business houses, Industry is getting impatient and wants results from the Narendra Modi government.
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
Young enterprising individuals of Indian origin who have created successful startups in the US are now setting their sights back home, planning to set up shop and introduce their products here.
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.