India offers enormous opportunities for overseas investors, but
it is a large and complex market which needs careful navigation to
achieve success. It is best to view India not as a single market,
but as a series of interconnected regional markets where the
regulatory and investment environment may change from one state to
another. There are 29 states and seven federally administered union
territories, so the intricacies of the system need to be thoroughly
understood.
Doing business in India isn't easy, and it's important
to engage local knowledge and professional services to guide you
through the legal, financial, bureaucratic, and cultural
complexities.
That said, it's a country with huge business potential. The
International Monetary Fund (IMF) says that
India will be the fastest growing major economy in 2018, with a
growth rate of 7.4% that rises to 7.8% in 2019 with medium-term
prospects remaining positive.