Doing Business In India
India is a vast country and a subcontinent almost as large as the European Union. With over 1.4 billion inhabitants, it is the third largest economy in Asia and purchasing power parity economy in the world. India’s fast-growing service sector is strengthened by its demographic dividend, with 50% of the population under 28 years old.
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/ The Indian Market in a few words
As an emerging economic power, India offers a wealth of opportunities for foreign companies. Its growing market, driven by urbanization and an increasing disposable income, represents one of the world’s largest consumer markets.
With over 65% of its population under 35 years old, India has a youthful workforce and provides a vast pool of talent for various industries. Indeed, the country is a global leader in IT and software services. Cities like Bengaluru, Hyderabad, and Pune are renowned for their ecosystems, with numerous startups and tech giants. The government’s push for a Digital India further accelerates technological adoption and innovation across sectors.
In the past few years, the Indian government has implemented several reforms to attract foreign investment, such as the Make in India initiative, easing FDI norms, and simplifying business regulations. These measures aim to enhance the ease of doing business and create a more investor-friendly environment.
India’s economy is highly diversified, with key growth sectors including automotive, healthcare and pharmaceuticals, and e-commerce (expected to reach $200 billion by 2026).
1.4 bn
Population
INR
Currency
3.4 tn
GDP (Dollar)
8.4%
Economic Growth Rate
/ ALTIOS in India
Since 2008, ALTIOS has been present in India, offering a comprehensive portfolio of consulting and subsidiary management services to clients from over 18 countries. In 2021, ALTIOS and Maier+Vidorno merged their international resources. This merger combines over 50 years of experience in international trade and investment, with a strong local presence in key markets such as India. With 5 local offices in Delhi, Mumbai, Pune, Chennai and Bengaluru supported by a highly experienced team of consultants, engineers, and finance professionals, ALTIOS assists clients in entering and succeeding in the Indian market.
With experience gained over the past years in assisting Western clients in the market, Maier+Vidorno ALTIOS has been able to create its own niche service offerings for the market, and to assist clients from initial market entry assessments to the full realization of investment advisory and the execution of business park development projects.
In this video, listen to Ruediger Schroeder, Vice-President Projects at Maier Vidorno ALTIOS, explaining why India is the new top destination for sourcing.
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Our team of friendly experts loves nothing more than helping businesses like yours get off to a flying start in India.
