subject: Ten reasons why you should invest in India [print this page] 1. India ranks third in terms of preferred investment destination. (Just after China and the United States)
2. Despite the economic recession that brought majority of the first-world countries to dire straits such as the United States, India remained stable. In fact, it registered 11 percent growth in foreign direct investments (FDI) from 2008 to 2009. It garnered more than a 110 percent growth in the areas of telecommunication and chemicals, with a percentage of 103 and 227 percent respectively.
4. Even if the government tends to be very slow when it comes to dealing with their clients, they are still considered to be very transparent. Every major branch is independent of one another, especially the judiciary.
5. It has one of the most numbers of engineers and scientist in Asia and ranks in the top 20 in the area of technology absorption and innovation. Companies do spend money for research and development.
6. Though majority of its people speak Hindi, they are also known to speak English very well. That basically explains why several outsourcing providers have decided to set up customer and technical support in the area.
7. Thanks to its population, it never runs out of manpower. It produces more than a hundred thousand professionals for the IT sector every year.
8. You can easily license a business. Except for those that are highly regulated, you can easily file for a license for your business. You only need to have a notification.
9. It has very friendly economic reforms, which include stable tax rates, acts and amendments favorable to creditors and companies, Foreign Exchange Management Act, and repatriation of capital investments as well as profits and dividends.
10. There is the presence of countless international banks in the country.
