Doing business in India becomes easy now
Doing business in India becomes easy now
Doing business in India becomes easy now
Doing business in India becomes easy now
Rajendar Bairi
India is the fifth largest economy in the world and has the second largest Gross Domestic Product (GDP) among emerging economies, based on purchasing power parity. In 1991, India embarked on a bold economic reforms programme, with a view to integrate its economy with the global economy, and attain the type of growth that countries in the Asia Pacific have exhibited over the last two decades. Eleven years after the reforms began, the Indian economy stands transformed to a great extent.
Private sector investment has responded vigorously to the Government's economic reforms, which have promoted competition, removed major policy distortions and hurdles, and improved access to factors of production such as technology and capital. Developing an increasingly global focus, the Indian corporate sector has expanded in capacity and upgraded its technology. Simultaneously, it has been clocking higher sales and profits.
With diverse industries spread across the country, a mature and dynamic private sector (which accounts for 75 per cent of India's GDP), and a market of immense potential, India offers unlimited opportunities for business.
In the eleven years of economic liberalisation, policies, procedures and regulatory aspects have been radically simplified, both at the central and state levels. State governments are encouraged to compete with one another for foreign investment. This has resulted in the many attractive incentives being offered to investors. Several state governments have set up 'single-window clearance facilities' and 'investor escort services' to smoothen the passage of investment proposals.
The political consensus on economic liberalisation, not only at the Central level but in all the states too, ensures the continuation and progressive strengthening of investor-friendly policies. The reforms programme is irreversible and no longer dependent on the continuation of a particular political party in power.
Mindstorm made business in India
Assisted numerous Multinational Companies set-up operations in India like Currencies Direct, Ocwen, Celestica, Altera, MCI and others.
Developed a one of its kind best practices manual for the Real Estate operations of one of the World's Largest Banks.
Completed several detailed feasibility studies in order to gauge the development options of property belonging to large land banks and property owners in the corporate sector.
One of the noteworthy projects being the conceptualization and feasibility for a successful Shopping Mall in Mumbai.
Instrumental in leveraging the quarterly Property research reports on India and the Asia Pacific.
Completed a detailed research project on the growth of basic and social infrastructure in twelve major cities of India.
Completed a two-month Project on the Real Estate Market scenario of Calcutta to judge the possibility of an International Property Consultant entering Calcutt.
Prepared a detailed report on Heritage Structures in BBD Bag (the business Center of Calcutta) for Indian Heritage Society.
Prepared a detailed research study on Call Center Industry and Business Process outsourcing in India
Mindstorm helps you explore India, as a destination for doing business in. We work on you behalf in India, saving considerable time and money; and in most cases, help you make money. Mindstorm acts as a Single Window solution provider for all your business needs in India.
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