Over the past decade the Indian economy has witnessed a paradigm shift and is on a robust growth track with a diversified industrial base and a stable financial and services sector. The Indian economy today boasts of a burgeoning annual growth rate, deep capital markets and liberalized foreign direct investment (FDI) regime.
India is host to many eminent multinational enterprises (MNE) that are leaders in their respective fields. Attracted to the huge market base potential of India, MNEs and medium sized firms have increasingly chosen India as a preferred destination to conduct business in Asia.
From 2014 to 2018 India has climbed from 142th to 77th rank in the World Bank’s ease of doing business index. The country’s fundamentals are strong, supported by factors such as high savings and investment rates, a growing and young labour force, sharply rising adult literacy, rising per capita income, and talented human resources.
According to an Economic Outlook Report issued by the OECD in Mai 2018 India is the fastest- growing G20 economy and according to UNCTAD’s World Investment Prospects Survey 2016-2018, the third-most attractive destination for FDI in the world.
Indian markets have significant potential and offer prospects of high profitability and a favorable regulatory regime for investors.Luther Corporate Services Pvt. Ltd.
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