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| “If an international company does not have a presence in India very soon, it may no longer remain in business for long” - Jack Welch, ex-CEO of General Electric” |
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- Second-most populous country in the world (1.1 billion and growing)
- Large middle class population (250 – 350 million) with growing disposable incomes
- 5th largest economy in the world on purchasing power parity (Projected to become the 3rd largest economy by 2012 and as big as the US economy by 2040)
- One of the fastest growing economies in the world with an average growth rate of 8% (Govt. target to achieve 10% within the next few years)
- Politically stable democracy over 60 years
- Strong adherence to international business laws and financial practices
- Industrial growth at over 5% for the last 5 years and services growth at over 10%
- Well-developed R & D infrastructure with strong technical and marketing services
- Access to international regional markets through SAARC, ASEAN
- Strong promotion of foreign investments with fast regulatory approvals
- Strong promotion of imported goods with reduced customs duty
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| Images : Water Expo |
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| Publication : Latest Aditions |
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