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India

Country Overview

Population1.2 billion

GDP (Purchasing Power Parity):

$4.962 trillion (2013 est.)ountry comparison to the world:4

$4.78 trillion (2012 est.)$4.63 trillion (2011 est.)

GDPComposition by sector of origin:

agriculture: 16.9%ndustry: 17%

ervices: 66.1% (2013 est)

Labor Force- 486.6 million , world second largest as of 2011

April - 31 March

nflation rate (consumer prices):

9.6% (2013 est.)ountry comparison to the world:208

9.7% (2012 est.)

Central bank discount rate:

7.75% (31 December 2013 est.)ountry comparison to the world:33% (31 December 2010 est.)

note:this is the Indian central bank's policy rate - the repurchase rate

Commercial bank prime lending rate:

0.6% (31 December 2013 est.)ountry comparison to the world:820.63% (31 December 2012 est.)

Exchange rates:

ndian rupees (INR) per US dollar -8.68 (2013 est.)3.437 (2012 est.)

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Doing Business in India

ndiaofficially the Republic of India(Bharat Ganrajya), is a country in South Asia. It is the seventh-largestcountry by a

he second-most populouscountry with over 1.2 billion people, and the most populous democracyin the world. Bounded

he Indian Oceanon the south, theArabian Seaon the south-west, and the Bay of Bengalon the south-east, it shares la

borders with Pakistanto the west; China, Nepal, and Bhutanto the north-east; and Burmaand Bangladeshto the east. I

ndian Ocean, India is in the vicinity of Sri Lankaand the Maldives; in addition, India'sAndaman and Nicobar Islandssha

maritime border with Thailandand Indonesia.

Economy

According to the International Monetary Fund(IMF), as of 2013, the Indian economy is nominally worth US$1.842 trillion

he eleventh-largest economy by market exchange rates, and is, at US$4.962 trillion, the third-largest by purchasing pow

parity, or PPP. With its average annual GDP growth rate of 5.8% over the past two decades, and reaching 6.1% during 2

2, India is one of the world's fastest-growing economies.

The 486.6-million worker Indian labour forceis the world's second-largestas of 2011. The service sector makes up 55.6

GDP, the industrial sector 26.3% and the agricultural sector 18.1%. Major agricultural products include rice, wheat, oilse

otton, jute, tea, sugarcane, and potatoes.[180]Major industries include textiles, telecommunications, chemicals,

pharmaceuticals, biotechnology, food processing, steel, transport equipment, cement, mining, petroleum, machinery, an

oftware

Drivers of Entry Success

Factors that affect the success or failure of market entry can be grouped as follows:Firm-level factors such as the mode of entry, entry timing, and firm size.Country-level factors of the host nation and home nation, such as economic distance,cultural distan

ountry risk, and country openness.

Modes Of Entry

http://en.wikipedia.org/wiki/India#cite_note-FOOTNOTELibrary_of_Congress2004-185http://en.wikipedia.org/wiki/India#cite_note-FOOTNOTELibrary_of_Congress2004-185http://en.wikipedia.org/wiki/India#cite_note-FOOTNOTELibrary_of_Congress2004-185http://en.wikipedia.org/wiki/India#cite_note-FOOTNOTELibrary_of_Congress2004-185

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Foreign Investment

Maximum limits on foreign investment in some sectors are being progressively liberalized, eg : telecommunicati74%), insurance (26%), banking (74%), mining (74%) aviation (49%), defence equipments(26%), cable netw49%), trading (51%), print media (26%) and small-scale industries (24%). FDI in excess of 24% is permitted in smcale industry with 50% export obligation.

00% FDI is allowed in non news publications, which means all foreign non-news scientific, technical, specimagazines, periodicals and journals are allowed to be published and sold throughout the country.

Retail Trading is permitted under automatic route with FDI up to 51% provided it is primarily export activities, andundertaking is an export house/trading house/super trading house/star trading house.