
Since
the economical reforms have been introduced in the 1990s the
economical advancement in India began and attention to a social
market economy was paid. Today, India is among the promising
countries for future economic developments. In fact, there
are many reasons for the development of India as a place for
foreign investments. Macro economical Indicators, higher disposable
incomes, an emerging middle class, low cost competitive workforce,
investment friendly policies and a progressive reform process
contribute to India´s development of becoming an interesting
alternative for foreign investments.
The Indian government aims to reduce poverty. In so called Five-Year-Plans a combination of actions are taken regarding education and health, apprenticeship, loans and infrastructure. Furthermore, the development of a welfare system and reforms are part of the program.
The Eleventh Five Year Plan has been launched in 2007. Objectives include the connection of all villages to electricity, an improved infrastructure and telephone network. Entrepreneurship and economic activities will further be facilitated, particularly for women.
But before settling down in India, there is a lot to learn and to be aware of. India is a multifaceted country and those arriving here to do business will discover that the path to success is often not very smooth. Our experts will provide you with support and information about the terms and conditions of work. You need to understand the
Indian culture and have knowledge about Indian law, tax policy and public incentives.
Our experts will help you avoiding mistakes and succeeding in the long term.