What are the Business Opportunities in India


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Aug 24, 2012
Business Opportunities in India is very abundant because they are not just a country rich in natural resources but of skilled and highly competent manpower as well. India’s population is estimated at more than 1.1 billion and is growing at 1.55% a year. It has the world’s 12th largest economy–and the third largest in Asia behind Japan and China. Services, industry, and agriculture account for the more popular business opportunities in India.India is capitalizing on its large numbers of well-educated people skilled in the English language to become a major exporter of software services and software workers, but more than half of the population depends on agriculture for its livelihood. India continues to move as reforms in the law enforcement takes place such as increasingly liberal foreign investment and exchange regimes, industrial decontrol, reductions in tariffs and other trade barriers, opening and modernization of the financial sector, significant adjustments in government monetary and fiscal policies, and more safeguards for intellectual property rights. Because of all these and moreforeign portfolio and direct investment inflows have risen significantly in recent years.Other business opportunities in India include the software exports services, while business process outsourcing (BPO) revenues hit an all-time high in 2008. Personal computer penetration is 14 per 1,000 persons while the number of cell phone users is expected to rise to nearly 300 million by 2010 which translates to more and more people being open to technological advancements. Soon after gaining independence in 1947, making education available to all had become a priority for the government. As discrimination on the basis of caste and gender has been a major impediment in the healthy development of the Indian society, they have been made unlawful by the Indian constitution. Constitutional amendment has also made elementary education a fundamental right for the children between the age group- 6 to 14 hence had steadily increased the literacy rate in the country. India never ceases to fascinate. And education in India is only one among various other elements that have captured the attention of the world which makes investment opportunities in India even broader and stronger as the years go by. ______________ Business opportunities in India are of wide variety because of the steady growth in their economy and numerous resources. Investment opportunities in India are made possible by competent and highly skilled manpower brought about by the improvement in the education system. Share Bookmark on Delicious Recommend on Facebook Buzz it up Share on Linkedin Share via MySpace Share on Orkut share via Reddit Share on identica Share with Stumblers Share on technorati Tumblr it Tweet about it Print for later Bookmark in Browser