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As the 4th largest
economy in the world, the second largest GDP among the
developing countries based on Purchasing Power Parity(PPP)
and a large and growing market, India is an attractive
investment destination and a reliable business partner.
A large number of multinational companies are expanding
their presence in India. It is noteworthy that those
who are already present in India are generally earning
more profits here than from their investments in most
other countries.
India’s vast reservoir of knowledge
resource - engineers, scientists, technicians, managers
and skilled personnel, are among the best in the world.
There are promising new horizons for enterprising investors
in IT, biotechnology, telecommunications, banking, insurance
& financial services, manufacturing, mining, hydrocarbon
prospecting and production, transportation, urban development,
energy and other areas of infrastructure development,
tourism and hospitality, entertainment, healthcare,
higher education and other areas in the service sector.
Procedures are being continually simplified and streamlined
to facilitate business. State Governments are likewise
proactive and are providing a competitive environment
to the investors.
Further details on business information can be accessed
on the Ministry of External Affairs website www.meadev.nic.in
& http://dipp.nic.in
as well as at www.indiainbusiness.nic.in
with extensive hyperlinks to other relevant
sites.
We welcome you to India - to do business
as well as to explore a civilization that represents
a unique fusion of tradition with modernity, and an
abiding faith in the philosophy of ‘unity in diversity’.
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