India is one of the fastest growing economies in the world and has emerged from the COVID-19 crisis as one of the leading nations in terms of GDP growth and FDI inflows. Major reforms have been carried out in recent years across a number of sectors ranging from Defense, Electronics, Pharmaceutical, Civil Aviation, Manufacturing, Construction to name a few. The Central and State governments have sector-specific policies, incentives and subsidies to promote manufacturing.
India also boasts of a highly skilled workforce comprising of engineers, technicians, management professionals and scientists.
Political Stability:
India is the world’s largest democracy and has a Parliamentary form of government, which is federal in structure with unitary features. In addition, India has independent legal, political & financial institutions which ensure long-term stability
Improving Regulatory Framework:
India has undertaken various policy reforms and process simplification towards great predictability, fairness & automation. A highly digitized framework, transparent taxation system and simplified export-import procedures have made it easier to do business in India.
Skilled Workforce + Demographics:
India will continue to have one of the youngest populations in the world over the next few decades. A large portion of the population is educated, conversant in English and highly skilled.
Infrastructure Expansion:
India is rapidly expanding its infrastructure to build a better world. Sectors such as Energy (24%), Roads (18%), Urban (17%) and Railways (12%) amount to around 71% of the projected infrastructure investments in India.
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