In recent years, India has emerged as one of the most attractive destinations not only for investments but also for doing business.
India is likely to grow at consistently higher rates (>7%) and retain its position as one of the fastest growing economies till 2020 (Source: International Monetary Fund)
India's economy will grow five-fold in the next 20 years (Source: McKinsey)
Indian subcontinent scored the rank of world’s 6th largest economy in 2017 knocking down France and was expected to surpass the UK stationed on the fifth rank.(Source: World Bank reports)
India ranks amongst the top 10 FDI destinations globally - surpassing USD 50 billion in FY 2015-16. India has shown a growth of 46% in FDI equity inflow and 37% in overall FDI inflow since the launch of Make in India initiative. (Source: Ministry of Commerce, Government of India)
DEMOGRAPHIC ADVANTAGE
With 356 million 10-24 year-olds, India has the world’s largest youth population (Source: UNFPA, The Power of 1.8 billion, 2014)
The proportion of working age population in India is likely to reach more than 64% by 2021, with a large number of young persons in the 20-35 age group (Source: Economic Survey 2014)
The average age of 125 billion persons will be 29 years by 2020 (Source: Economic Survey, 2014)
India possesses richness and diversity of culture, climaticconditions, and natural & mineral resources. A new spirit of economic freedom is stirring in India.
socio-economic structure
India’s middle class is excessively expanding providing a great opportunity for the investment of the foreign products and services.
If the growth trend of India remains consistent, over the next two decades the average household incomes will triple.(Source: report of McKinsey 2010)
This tremendous growth will make India, a country with the world’s fifth largest consumer economy by 2025.
there has been immense decline in the percentage of people living below the poverty line. From 1993-94 to 2004-2005 the decline has been from 36% to 28%.(Source: survey conducted by National Sample Survey Organization (NSSO))
EASE OF DOING BUSINESS
India's Ease of Doing Business ranking has jumped over 14 positions landing to the 63rd rank globally (Source: World Bank Report,2019)
The World Bank report has also recognised India as one of the top 10 improvers in 2019 assessment, for the third successive time.
India was the only large country in 2019 to achieve such a significant shift.
India's objective is to reach the top 50 and reach the top 25 in the next three years of time. (Press Conference by NITI Aayog CEO)
lower cost of production
India was ranked as second cheapest manufacturing country in 2019.( Source: US News & World Report)
India possesses an abundance of qualified and skilled manpower, which makes it an ideal base for sourcing production, both for export and the huge domestic market.
Cost of production being less due to the lower labour rates.
Available natural resources are ample.
The markets of South East Asia, Middle East and also Europe are close to India
Lower Tax Rates in India
infrastructure
Roads & Highways -India’s road network is the second largest in the world comprising of 65,589 KM of highways.
Railways - India’s rail route being the second largest in Asia is 63,028 KM long and has 222,147 freight wagons.
Ports -India’s 7500 km coastline has 12 major ports, over 200 minor parts and is strategically located on world trade routes.Some of the emerging and established markets such as Middle-East and South East Asian countries are closely located
Airports - There are 125 Airports and 11 International Airports in India.
favourable policies
Major FDI policy reforms have been made in a number of sectors, such as defense, construction development, pensions, broadcasting, pharmaceutical and civil aviation
Barring a few reserved sectors, 100% FDI is allowed through the automatic route in several sectors, without the need of government approval, namely Automobile, Food Processing, Construction etc.
Foreign investors can invest in India either on their own or as a joint venture, as may be required in a few sectors.
Taxation policies are liberal for foreign investors
KNOWLEDGEABLE PROFESSIONALS IN INDIA
India has 712 university level institutions, 36,671 colleges along with 11,445 standalone institutions (Source: Educational Statistics at a Glance 2014, Ministry of Human Resources Development)
India's natural resource lie in its abundant technically skilled manpower.
India is the world's second largest exporter of software (after the U.S.), and is the source of management and technical talent for over 40 per cent of new start-ups in Silicon Valley
