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Know about various reasons for investing in
India.
Home » Why Invest in India
Why Invest in India
Since the inception of a liberalized economy in
India, the doors of India have been open to the other countries of the
world. This vast land of diversity is surging ahead on the world
economic map with a pace that has left behind many of the free
economies. With the changing investment climate India is a brilliant
economic zone to invest in. The vast stretch of the land rich in natural
resources and one of the richest country in the world in terms of human
resource India is a great country for investment. There are several fine
reasons for investing in India.
- India is one of the largest economies in the world.
- It is strategically located and is easily accessible to the vast
domestic and South Asian market.
- India is a large and rapidly growing consumer market constituting
up to 300 million people for branded consumer goods. This market is
estimated to be growing at 8% per annum. Demand for several consumer
products is growing at over 12% per annum.
- Skilled human resource and professional managers are available at
viable cost.
- One of the largest manufacturing sectors in the world, spanning
almost all areas of manufacturing activities.
- One of the largest pools of scientists, engineers, technicians
and managers in the world.
- Foreign investment is readily welcome in India, approval is
required but is automatically granted in sixty categories of
Industries.
- Rich base of mineral and agricultural resources.
- India has a long history of market economy infrastructure
- We have a well developed and sophisticated financial sector.
- A vibrant capital market with over 9,000 listed companies and
market capitalization of US$ 154 billion (March,1996)
- Well developed Research & Development infrastructure and
technical and marketing services.
- India enjoys a policy environment that provides freedom of entry,
investment, location, choice of technology, production, import and
export.
- Unprejudiced package of fiscal incentives.
- A sophisticated and modern legal and accounting system.
- Language is no barrier as English is widely spoken and
understood.
- Rupee is easily convertible on Current Account at market
determined rate.
- Free and full repatriation of capital, technical fee, royalty and
dividends is available in the country.
- Foreign brand names have arrived in the country and are freely
used. No income tax on profits derived from export of goods.
- One can avail complete exemption from Customs Duty on industrial
inputs and Corporate Tax Holiday for five years for 100 per cent
Export Oriented units and units in Export Processing Zones.
- India has long history of stable parliamentary democracy and is
not really affected by political turmoil, making investment viable.
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