Doing Business in India

The book I read to research this post was Doing Business in India for Dummies by Ranjini Manian which is an excellent book which I bought from kindle. India is very promising for anyone looking to expand their business abroad. Many multinational companies have their headquarters in India. It has a very young population, the cost of living is very low, the people in general are hard working & have skills. It's the largest democracy in the world. In the coming years there's likely to be a shortage of employable english speaking indians but really that mainly affects the telephone call centres many of which are here, there will still be plenty of employable graduates. Many of what they call tier 1 cities which are the biggest cities have experienced huge economic growth & these do have excellent infrastructures which is comparable to the west. Many of what they call tier 2 & 3 cities which are smaller cities are beginning to attract foreign companies. If you invest in these you are getting in at the start also many of these cities specialize in certain trades ie IT. The Indian government has simplified things like planning so it is on a par with China in this respect & certainly simpler than europe. India has the 2nd highest amount of agricultural land in the world. For those who think India is a 3rd world country, there are poor there but it has its own space agency which launches both military & civilian satellites. Many NRI's or non-resident indians who are native indians who live abroad are in demand in helping companies establish themselves in India. Often they know the customs & language & have a reasonable general knowledge of India. Many Indians who are resident in the west are going back to their native land in this capacity.