Why India
The changing business environment writes the story of a new India.
India has been attracting high foreign investments globally and foreign investors are very eager to invest in the various sectors of the country. The government of India has not left any stone unturned in making the country the best destination for foreign investors by making reforms in the FDI policies and the business environment.
The major countries of the world are investing in the country and see huge potential in the country. The major encouraging factor for the foreign investors to invest in India is the low wages, highly skilled workforce and liberal foreign direct investment policies.
India is termed as the fastest growing economy and the capital markets of the country are also booming. Even during the pandemic when the world economy is facing a setback but foreign investments in India are still pouring in.
- India is an emerging mega economy which has skilled human resources and the country is rich in the natural resources as well.
- India is said to be the country that will be having the largest youth population in the world in 2020 according to the United Nations Population Fund.
- There are many sectors in India where foreign direct investment has been increased to 100% which shows that the government is eager to invite foreign investors to invest in the majority of the sectors.
- Important reforms are being made in the FDI policy to safeguard the Indian companies as well as develop India as the best and a top destination for foreign investors.
- The consumer market of India attracts foreign investors as they want to tap the Indian markets due to its high volume and high spending capacity. It is said, that the Indian consumer market with private consumption will increase four times by 2025.
- The startup environment and the tech startup ecosystem has been booming in the country and has also been attracting the highest foreign direct investments.
- India is the 18th largest export economy in the world. The top 5 commodity exports of India are Diamonds, Refined Petroleum, Rice, Aluminium and Raw
- Sugar.
- India’s strongest exports lie in the services sector, making up over 58% of India’s economy in 2015, particularly in services like IT, pharmaceuticals, and
- engineering goods.
- India has one of the oldest stock exchanges in Asia and ranks eighth in terms of “protecting minority investors” according to the World Bank.
- Unlike many other emerging economies, India has a positive macroeconomic environment: inflation is under control, and it has record high foreign exchange
- reserves and a tamed current account deficit – thus reducing vulnerability to global economic shocks.
FASTEST GROWING ECONOMY
- The fastest-growing economy is the Indian economy and it features on the world's top 10 world economies.
- India is estimated to be a $ 3.3 trillion economy in 2020.
- There has been an increase in the Indian economy in 2020 as in 2019 India was at $2.9 trillion.
HIGH YOUTH POPULATION
- India is gradually taking its shape in the world economy with the infrastructure sector being the top motivator for the Indian economy including power, bridges, dams, roads and urban infrastructure development.
HIGH ECONOMIC INFLUENCE
- Infrastructure in India has witnessed a growth in spending. Over the next two decades more than USD 1.5 tn investments are planned for infrastructure.
- India has been very successful in increasing its rank and obtaining the 63rd position in the Ease of Doing Business.