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Doing Business in India 2012 - Overview - EY - India

Doing Business in India 2012

Overview

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India has grown to become a trillion dollar economy with a largely self-sufficient agricultural sector, a diversified industrial base and a stable financial and services sector.

India’s strong fundamentals such as a growing middle class population, cost competitiveness and strong domestic consumption, have made it a preferred destination for MNCs from across the world.

This report focuses on aiding companies that are either doing business in India or planning an entry into the country. It provides an overview of the country's evolving commercial climate, exploring key sectors, investment climate, funding scenario, laws and regulations, and many more relevant areas.

Why India?


The Indian economy continues to grow at a good pace and holds a strong position on the global map. The country’s GDP has been growing at an average rate of 8.5% for the last five years, despite the global slowdown. India’s economy is among the largest in the world on the basis of Purchasing Power Parity.
 

Real GDP growth rate & Trends in public and private consumption
Real GDP growth rate

Real GDP growth rate & Trends in public and private consumption




It is today one of the most attractive destinations for business and investment opportunities with the available large manpower base, diversified natural resources and strong macroeconomic fundamentals. In FY11-12, the country attracted FDI of around US$46.8b in various sectors.

India has a robust, transparent and stable financial market, which has gradually transformed from a highly controlled system to a liberalized one.

 India’s Financial Market
India’s Financial Market

India’s Financial Market


 India’s Financial Market



India’s demographics are very attractive with approximately 65% of the total population falling in the age group of 15 to 64 years. A comparatively stable government, an open democratic set-up, and a strong and reliable judiciary system, add further advantage to the Indian economy.

With this perspective in mind, this guide is aimed at helping MNCs simplify the complex decision-making process involved in undertaking foreign operations, which requires an intimate knowledge of a country’s commercial climate, as well as recognition of the fact that this climate is continuously evolving.

 


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Contacts

  • Pooja Walke  
    Manager - Markets, Tax & Regulatory Services
    Tel: +022 61921384
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