Many multinationals flock to India in search of growth in its burgeoning market. As with any emerging market, doing business here comes with its share of risks and challenges.
In The World Bank’s 2017 Ease of Doing Business Survey, India was ranked 130th out of 190 countries. Government bureaucracy and poor infrastructure are major obstacles, along with enforcing contracts and paying taxes.
While economic expansion has slowed over the past few years, the future remains bright and businesses continue to invest in the country. Industries that are flourishing include outsourcing, telecommunications, construction, education and retail.