India in a nutshell
India is the 7th largest country of the world and home to over 1.4 billion people. It boasts an incredible variety of natural landscapes, and a glorious history replete with legendary empires, exceptional achievements in the arts, music, and architecture. India is also the fastest-growing South Asian economy, presenting lucrative opportunities to foreign investors.
Outstanding business features
- A large consumer base, estimated to grow in the next years due to the economic growth and the rapidly rising standard of living.
- English-speaking workforce, labor availability and low operating costs in large industrial zones.
- Increasing demand for equipment and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense.
Economy and infrastructure
India’s GDP grew by 7.6% in 2023, and it is expected to grow at a healthy pace in the upcoming years. Government-sponsored policies and digital initiatives are improving the business environment, enhancing logistics infrastructure, and rationalizing tax rates. There is significant untapped potential across sectors in India, with many international companies eyeing market opportunities and facing a growing base of local firms across industries.