Why India

Home - Why in India

Why in India

3DPRINTEXPO-2019

BIG  MARKET & FAVORABLE BUSINESS ENVIRONMENT:

India has been considered a lucrative market for doing business. The volume of foreign investments is an indicator of the promising future of the Indian economy. Among the emerging markets, India is the nation that is  likely to be instrumental in boosting global trade.

By taking part in 3DPRINTEXPO, you can showcase your products, interact with market leaders and seek numerous opportunities of your business promotion  in the Indian market.

One of the challenges faced by entrepreneurs in developed nations is that they are constantly competing with local players. For these businesses, getting a unique idea to enter the market is nearly impossible, and there are greater chances of multiple players operating on similar concepts. It is, therefore, more viable for such businesses to explore international markets for expansion.

The Indian economy offers a favorable business environment, wherein companies can make the most of their expansion plans by identifying their growth opportunities at a granular level. Doing business in India has several advantages because of its development-friendly reforms.

The  top advantages of ATTENDING 3DPRINTEXPO  in India are :

1. Scope for sustainable business
Economic growth in India will centre in the emerging cities in the coming years. McKinsey Global Institute(MGI) estimates that by 2025, 69 cities in India will have a population of over one million each. This is going to translate into a greater need for businesses to support livelihoods.

As per the report by MGI, Mumbai’s economy is likely to become a huge market of US$245 billion in consumption by 2030.

2. Organised employability
India boasts of a labor force of nearly 530 million, of which the majority is under 30 years of age, the median age in India is 27.6 years, compared to the U.S.’s 37.9.  The aspirations of the Indian youth have changed and they  are now looking for opportunities beyond agriculture or daily wage jobs. Businesses can leverage this opportunity by generating employment and increasing productivity.

3. Economical operational costs
With the Government of India’s developmental goals, the ease of doing business in this country has increased rapidly. Foreign direct investment of up to 100 per cent into a private limited company or limited company no longer requires the Central Government’s intervention. This reduces the overall cost of setting up a business in India.

The cost of the basic amenities like infrastructure, labour, food, transportation, Internet, or even taxes is less and  is much more affordable, compared to setting up a company in the U.S., the U.K., or even Singapore.

4. Presence of a startup ecosystem
India is a hub for certain kinds of startups, including technology, e-commerce, and financial services and  is open to accepting new business ideas makes it easier for new businesses to enter it.

5. Business-friendly laws
In the recent years, several important bills that are beneficial for most industrial sectors have been passed in the Indian Parliament. Starting from the Goods and Services Tax Bill to the Direct Taxes Code Bill, these bills are going to introduce transparency and uniformity in the Indian economy.

Indian government’s Make in India initiative focuses on 25 industrial sectors and aims at building best-in-class manufacturing infrastructure by enabling foreign investments, promoting innovation through skill development, and focusing on intellectual property protection.

Because of its several advantages, PARTICIPATION IN THE EXPO can open doors for collaboration, appointing Agents and opening  foreign offices in India. It will clearly give  advantages of what the Indian economy has to offer, in order to execute growth and expansion strategies of the Overseas Participating companies.
Copyright © 2019, 3DPRINTEXPO-2019 | Website Designed By Kenitek Solutions