India is the 4th largest economy in the world in terms of Purchasing Power Parity (PPP). A series of ambitious economic reforms aimed at deregulating the economy and stimulating foreign investment has propelled India to high growth trajectory. Today India is one of the fastest growing economies.
India's skilled managerial and technical manpower and its huge middle
class provide India with a distinct cutting edge in global competition.
India's time tested institutions such as a free and vibrant press, a
well established judiciary, a sophisticated legal and accounting system
and a user friendly intellectual infrastructure offer foreign investors
a transparent environment that guarantees the security of their long
India's vibrant and highly competitive private sector has long been the
backbone of its economic activity and offers considerable scope for
foreign direct investment, joint ventures and collaborations.
All items of electronic aerospace and defence equipment, whether
specifically mentioned or not in this list.
Foreign Direct Investment (FDI) plays a crucial role in the accelerated
economic growth of the country. Over the years, FDI inflow in India is
To attract foreign investment in India, Government is offering several
facilities to Non Resident Indians (NRIs), Persons of Indian Origin
(PIO) and Overseas Corporate Bodies (OCBs).
Public sector has played an important role in the industrial development
of India. Before independence there were a few public sector enterprises
in India such as Railways
New Venture in India
For setting up a new venture in India, a number of approvals/clearances
are required from different authorities such as Pollution Control Board,
Chief Inspector of Factories, Electricity Board
Scale Industries in India
Small Scale Industries (SSI) have played a vital role in strengthening
the industrial structure of the country. They facilitate the tapping of
resources for productive purposes with minimum amount of capital