DOING BUSINESS IN INDIA
DOING BUSINESS WITH INDIA
Doing Business in India for foreign business owners desiring to invest in India; planning to have a joint venture in India; outsourcing to India; import and export business with India; build partnerships; and learn more about the Indian economy.
The Indian market with its one billion plus population, presents lucrative and diverse opportunities for U.S. exporters with the right products, services, and commitment. India’s requirements for equipments and services for major sectors such as energy, environmental, healthcare, high-tech, infrastructure, transportation, and defense will exceed tens of billions of dollars in the mid-term as the Indian economy further globalizes and expands. India’s GDP, growing at 8.7% (for 2007-08), makes it one of the fastest growing economies in the world and the second fastest in Asia. India has potential for a sustained growth of 8-10% for the next couple of years. Now is the time for U.S. companies to enter the rising Indian market
The following links are very usefull for those interested in practical information about doing business in India.
Favorite Sites
For information about incorporating a company or subsidiary or joint venture in India. Very useful for American companies planning to open business in India or outsroucing to India. Read articles on this very useful web site.
Outsource to India has become very popular destination for outsourcing because of quality, technological agility, flexibility, cost control, time-to-market and competitive advantage. For information about how to outsorce to India, visit this web site. Read articles on this web site.
For information about How to Register TRADEMARKS, DESIGNS, COPYRIGHT, PATENTS IN INDIA for the USA companies. Very useful for Businesses planning to open business in America. Read articles on this web site.
Great Place for finding international joint venture partners. Specially usefull for USA and India companies.
Legal Outsourcing to India for the USA law firms. Useful information for USA law firms planning to outsource legal and paralegal work to India.
Great cultural traning programs for American executives who plan to do business in India. A must attend!
Cultural Tips for Doing Business in India
- Do use titles to address your Indian counterparts, such as “Professor” or “Doctor”. If he/she does not have a title, use “Mr”, “Mrs”, or “Miss”.
- Do wait for a female business colleague to initiate a greeting whether it is verbal or physical. Indian men do not generally shake hands with women out of respect.
- Do remain polite and honest at all times in order to prove that your objectives are sincere.
- Don't be aggressive in your business negotiations – it can be interpreted as a sign of disrespect.
- Don't take large or expensive gifts as this may cause embarrassment. If you do take a gift make sure you present the gift with both hands.
- Don't refuse any food or drink offered to you during business meetings as this may cause offence (sample small portions atleast). In addition, it is useful to keep in mind that traditionally, and religiously, majority of Indians are vegetarians and do not drink alcohol or smoke.
India Business Conference offers opportunities in investing and doing business with India in various sectors including Opportunities in Real Estate, Investment, Trade, Outsourcing, IPO, KPO, IT, Software, Call Centers, Infrastructure, Telecommunication, Power Sector & other sectors. It covers Legal, Financial and Tax aspects of Doing Business with India. Great Opportunity to Network with corporate and governmental leaders.
