Doing Business in India
Advisory and Market entry consultancy!
Doing Business in India
Advisory and Market entry consultancy!
Doing Business in India
India is an attractive destination for expanding your business on account of its vast markets & the business opportunities it offers. There of course are risks associated with venturing into a new territory with a varied regulatory environment. A multitude of languages and many cultural differences across the country add to the complexities of doing business in India.
Until you have established a permanent presence in India market entry, some of the biggest challenges faced will arise from cross border communication issues and attempting to manage your business remotely. Phone calls and emails are no substitute for face-to-face communication. Clients who first attempt to break into the Indian market entry alone and remotely often encounter the frustrations of regular misunderstandings, missed deadlines, stalled projects and slow or non-existent response when making inquiries. Further, local companies want to see commitment to a local presence in the market from their partners before engaging in business.
Identifying an established & reliable Company, out of the multitudes of Indian Companies & then to have that Company enthusiastically partner you in the joint venture will become the corner stone of your success in India. Many business ventures are unsuccessful because the foreign companies have failed to identify the right partner.