Dear MEL School’s Topic Readers,
The Challenges of
Setting up Shop in India
India is rising
for sure. Unlike fast-aging China, nearly two-thirds of the 1.2 billion
population are under the age of 35. But how to ride the giant elephant? There
seem to be numbers of challenges that foreign business investors and operators have
to face.
India is so
diverse that most foreigners have difficulty understanding their customs,
cultures, religions, caste, language and practices. It is the world largest
democratic state with over 700 million eligible voters. However, it is far from
transparent like other democratic countries, ranked 85 among 175 countries on
transparency and corruption index.
The transportation
is another hurdle. It has only 1,300 km of fast roads compared to 112,000 km in
China. There are no fast-train railroads which China has over 20,000km across
the country.
However, it is still
one of the most prospective market in the world.
Enjoy reading and
learning about the challenges to do business in India.
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