13
Aug

Setting Up India Business? Register your Company in India

Why to Set Up Business in India

India is a top and favored destination for any global company to have presence in. Many companies not only want to tap the 1.35 billion India population but also make India as their sourcing destination for manufacturing or backend works for global supply or support system. Setting up business in India by foreign companies has become the norm of the day as more and more international companies seek India presence. 

India has high economic prosperity and has emerged as a great market to be in. It has immense cost-effective manpower, the resources are in abundance, etc. The network of transportation, logistics, warehousing is very well placed across the nation. 

Past and Current Scenario of Setting Up Business in India by Foreign Companies

Before early 1990s, there were only a handful of international companies in India. Some of the prominent companies then in India, directly or indirectly were, Italy’s FIAT with India’s Premier Automobiles Ltd (Walchand Group), the India model called Premier Padmini, a car that was among the top market leaders in the automotive segment. Other companies included names like Coca-Cola, IBM. 

In the current times, almost all of the Fortune 500 companies have some level of presence in India, directly or indirectly. To name a few of these companies – 3M, Adobe, Amazon, Apple, Alphabet (Google), Autoliv, Bank of America, Baxter, Berkshire Hathaway, Boeing, CBRE, Colgate-Palmolive, DuPont, Eli Lilly, Expedia, Facebook, Fiserv, Flour Daniel, Ford, GE (General Electric), General Motors, Goodyear, HP, Honeywell, Intuit, Jacobs, JPMorgan Chase, Kellogg, Kraft Heinz, Marriott International, MasterCard, McDonald’s, MetLife, Microsoft, Motorola Solutions, Netflix, Nike, UPS (United Parcel Service), P&G, S&P Global, Qualcomm, Starbucks, salesforce.com, StateStreet, Uber, United Health Services, Walmart, Wells Fargo, Whirlpool, Xerox etc, and there are lots more larger and smaller companies that are looking at setting up business in India by foreign companies as we move on in time and future. The favorable business environment only gets better in India. 

Government and Market Sentiment Welcomes Setting up Business in India by Foreign Companies

Indian government is always willing to further opening up newer or including other sectors in India, such as allowing further investment in the aviation, defense etc sectors. The foreign investment in India limit has also been increased in the investment and pension companies. In some sectors 100% FDI (Foreign Direct Investment) is allowed. The recent India entry drive has been welcoming and robust under the guidelines of Indian Prime Minister Mr. Narendra Modi towards setting up business in India by foreign companies. 

The Initial Step to Set Up Business in India – Register your Company in India

The first step and among the top requirements to setup business is to register your company in India. Among the numerous one or packaged services that a foreign company can avail is to register your company in India by DBPL.   

How to Register your Company in India

To register your company in India, it can be as easy as ABC, but handholding is required to mitigate any mistakes or to avoid any steps from being missed out. The process to register your company in India is easy with the guidance of leading consulting companies in India like DBPL. 

Are there any Bottlenecks to Register your Company in India? 

As such there are no bottlenecks to register your company in India.  Just that the documentation should be complete which DBPL ensures for the foreign company. A leading company like DBPL sails your company smoothly in the formalities involved to register your company in India. DBPL understands and takes care of the minutest of details, such as legalities, documentation, processes, office opening etc. 

More can be learnt about DBPL by visiting their website on www.dbpl.asia. One may reach them directly by calling them at +91 – 9811431604 or +91 – 9810631559; and their common email ID is info@dbpl.asia