An Important Starting Step in India for a Foreign Company
A Brief about the Current India Scenario
India is currently the 5th largest economy in the world, only after the US, China, Japan, and Germany. India overtook the UK and France in 2019. Many of the global economies are intertwined and major economies bank on India for multiple support systems, such as, manufacturing, backend service, supply chain, manpower etc. A big percentage / middle class of India’s 1.35 billion is fast rising with increasing disposable incomes. However, foreign company registration in India is the first step to open doors for global companies to the vast India opportunity.
How are Global Companies placed in India?
More and more companies from other countries are showing reliance, trust etc in setting up a presence in India, those that are not here already. There are very simple steps that are engaged in the company registration process in India, which is the entry formality for any global company to set shop in India.
The Indian government is very friendly and aggressive in welcoming global companies; one of its initiatives of “Make in India” is a testimony and an attraction for international companies to opt for India as a base of operations, manufacturing or outsourcing.
Many of the Fortune 500 companies have been present in India, such as, Amazon, Walmart, Apple, HP, Microsoft, Alphabet (Google), General Motors, JPMorgan Chase, Bank of America, Johnson & Johnson, DELL, IBM, MetLife, P&G, UPS (United Parcel Services), CISCO, PepsiCo, American Express, Merck, Oracle, NIKE, Coca-Cola, Honeywell, 3M, Kraft Heinz, Qualcomm, CBRE, VISA, Cummins, Eli Lilly, McDonald’s, DuPont, Marriott, Manpower Group, Whirlpool, AECOM, Netflix, Emerson, Flour, salesforce.com, MasterCard, Cognizant, GAP, Colgate-Palmolive, Jacobs Engineering, Goodyear, UBER, Kellogg, Expedia, Baxter, Adobe, Fiserv, Hilton, Xerox, Autoliv, Motorola, Blackstone Group, S&P Global, Levi Strauss.
The Importance of Company Registration in India
Every country has its own parameters, regulations, norms, guidelines and requirements for any foreign company to establish itself in that respective country. In India, it is rather easy, quick and inexpensive. The first step is register your company in india. A top consulting Firm like DBPL serves this need in the best qualitative manner. It is fairly done fast. It normally takes less than a month to company registration in India work done.
The Advantages of Foreign Company Registration in India
Without a foreign company registration in India, it is impossible to begin work / operations in India. To mention some of the advantages of having foreign company registration in India are:
- Have access to any part of India’s vast market
- Leverage the cost-effective skilled, semi-skilled and cheap labor manpower as per HRD norms
- Access to low priced natural resources in India
- Be a part of the rising economy
- Assure a market share of the huge economically emerging population
- Command a good market share, increase revenue
- Backend support for global feed for products / services
- Geographical advantage
The Contact Details of a Top Consulting Firm in India – DBPL
DBPL, a top consulting Firm in India, can be reached by calling at 91 – 9811431604 or +91 – 9810631559, or can email them at email@example.com. Other than foreign company registration in India service, they are other direct / indirect allied services, such as Research & Feasibility, Registration and Compliance etc.