At a glance...India!
Market information for companies
You would like to venture into India with your company, but you lack the necessary information? Find information on the business environment and on funding and consulting opportunities for your way into the Indian market in the publication "New Markets - New Opportunities: India”*!
About the publication
"New Markets - New Opportunities: India" is a joint publication by Germany Trade & Invest (GTAI), the Indo-German Chamber of Commerce and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, published in September 2021. In the following, we have compiled important aspects from the publication.
Economic structure and prospects
India is one of the most populated countries in the world and depends on a strong industry to ensure broad prosperity. As value creation is currently dominated by the service sector, India's industry is to be strengthened in the future. The ongoing trend towards urbanisation offers potential for new infrastructure projects in the construction industry. In addition to that, a competitive start-up ecosystem has developed in India's IT industry. Agriculture contributes relatively little to value creation but employs more than 40% of the people.
These industries are particularly attractive for market entry in India:
- (Renewable) Energy
- Agriculture and food processing
- Health Economics
- Water and waste water
- Recycling economy
The Indian government has introduced reforms to make India even more attractive as a destination for investment and to position itself as an alternative manufacturing location within the framework of international supply chains. To this purpose processes for companies are to be made simpler and clearer. With the help of extensive subsidies, the country should become less dependent on imports in the long term and establish itself as an export hub at the same time. You can find out more about the economic prospects on the GTAI country page.
You can find exciting business opportunities in India through leverist.de.
Example of business opportunities in India
Your company is working in the field of food or textile industry? Are you interested in India as a market? GIZ experts are looking for companies that would like to improve the supply chains of Indian tea and spices or the working conditions in the Indian textile industry. Network directly with the relevant contact persons.
Read more about India and support offers for your company in the country guide “New Markets – New Opportunities: India”.
*The country guide is only available in German
Hero Image Copyright: Dewang Gupta, Unsplash 2022