Grow your business in India:
In the aging world that is facing recession and deglobalization, India is the only country that is open and profitably fit to become market, office, factory and talent pool to the global brands, across the world. India occupies only 2.4% of world land bank, housing as much as 17.5% of world’s population and boasting of 20% of worlds youth, 1.4 Billion human resource, contributing to >66% in its GDP through its domestic consumption, making it the 5th largest economy in the world. Indian demography is unique. There are 22 semi-official languages that are spoken across its 28 states and 8 Union Territories. There are 3,000 castes and 25,000 sub-castes belonging to major religions of the world, living different lifestyles. India’s GDP is 3.5 half Trillion today, would be 10 Trillion by end of this decade and is estimated to be 40+ Trillion by 2047. It attracted $523+ Billion of FDI in the just 8 years from 162 countries in 61 sectors spread over 31 states and Union territories of India. Almost 41% (~48 B ) of the world's real-time transactions happen in India. India has 1.4 Bn human Resource Today. The sheer size and speed by which India is growing is unheard of, even If compared to 19th century America.
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​India is a diverse & dynamic economy made of 28 States and 8 Union Territories speaking 2 official, 22 semi-official languages by people from all major religions of the world made of 3000 casts, 25000 sub-castes and countless festivals, traditions and complex consumer expectations. When looking at India market, one needs to see it as set of unique clusters of very diverse markets – that makes brands thing about adding a bit of localization, tweak pricing, have dynamic offers for various market conditions that changes every 10 miles.
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​There has been many proven models of route to India market. Many international companies have evolved their presence in India into structures different from those at the time they entered the market. Some come as independent entities but later get into a joint venture. Some come with a certain product/service, popular in other countries but then, later introduce a different product/ service, which is more in sync with the customer requirement and expectations.
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Chrysaliis customized corporate training solutions can address specific challenges and goals of Indian businesses, leading to improved employee performance and overall productivity.
01.
Growing Consumer Market
India is home to a rapidly growing consumer market, with a large and expanding middle class that is eager to consume new products and services. This presents a huge opportunity for companies looking to tap into the growing demand for consumer goods and services.
02.
Diversified Economy
India has a diversified economy, with strong growth across a range of sectors including manufacturing, IT, and agriculture. This provides a range of opportunities for companies looking to enter the Indian market, regardless of their industry focus.
03.
Skilled Workforce
India has a large and growing pool of skilled workers, with a high level of technical expertise in areas such as engineering, IT, and finance. This makes it an attractive destination for companies looking to establish operations in India.
04.
Reforms and Government Support
The Indian government has implemented a range of reforms aimed at making it easier for foreign companies to do business in India, and is actively promoting foreign investment in India. This provides a supportive environment for companies looking to enter the Indian market.
05.
Growing Digital Ecosystem
India is home to a rapidly growing digital ecosystem, with a large and tech-savvy population that is embracing digital technologies. This presents a huge opportunity for companies looking to tap into the growing demand for digital products and services. In conclusion, the Indian market holds significant potential for companies entering India, with strong growth across a range of sectors and a supportive environment for foreign investment. However, companies should be aware of the challenges of doing business in India, including complex regulations and cultural differences, and are advised to seek the advice of a strategy consultant to help navigate these challenges and maximize their chances of success in the market. The Indian market has experienced significant growth in recent years, driven by a number of factors including reforms and government support, a growing consumer market, and a diversified economy. Here are a few key data points that highlight the growth in the Indian market.
06.
Increasing Consumer Spending
Consumer spending in India has been growing at a rapid pace, with household consumption increasing by 10.7% in FY2020-21. This is driven by a growing middle class and increased spending on consumer goods and services.
07.
GDP Growth
India's GDP has been growing at a strong pace, with a growth rate of 11.0% in FY2020-21 and an expected growth rate of 11.5% in FY2021-22. This makes India one of the fastest-growing economies in the world.
08.
Growing Middle Class
India's middle class is expanding rapidly, with an estimated population of over 300 million people. This provides a large and growing market for consumer goods and services, and is a key driver of growth in the Indian economy.
