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Joint Venture |
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Why invest in
india? |
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There are several good reasons for
investing in India. |
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One of the largest economies in the world.
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Strategic location - access to the vast domestic and
South Asian market. |
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A large and rapidly growing consumer market up to 300
million people, constitute the market for branded
consumer goods estimated to be growing at 8% per
annum. Demand for several consumer products is growing at over 12% per annum.
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Foreign investment is welcome, approval is required but
is automatic in sixty categories of Industries.
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Skilled man-power and professional managers are
available at competitive cost. |
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One of the largest manufacturing sectors in the world,
spanning almost all areas of manufacturing activities.
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One of the largest pools of scientists, engineers,
technicians and managers in the world. |
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Rich base of mineral and agricultural resources. |
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Long history of market economy infrastructure
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Sophisticated financial sector.
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Vibrant capital market with over 9,000 listed companies
and market capitalizations of US$ 154 billion (March,1996)
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Well developed R&D infrastructure and technical and
marketing services. |
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Policy environment that provides freedom of entry,
investment, location, choice of technology, production,
import and export. |
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Well balanced package of fiscal incentives.
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A sophisticated legal and accounting system.
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English is widely spoken and understood.
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Rupee is convertible on Current Account at market
determined rate. |
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Free and full repatriation of capital, technical fee,
royalty and dividends. |
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Foreign brand names are freely used. No income tax on
profits derived from export of goods. |
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Complete exemption from Customs Duty on industrial
inputs and Corporate Tax Holiday for five years for 100 percent Export Oriented units and units in Export
Processing Zones. |
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Corporate Tax applicable to the foreign companies of a
country with which agreement for avoidance of Double
Taxation exists, can be one which is lower between
the rates prevailing in any one of the two countries and
the treaty rate. |
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A long history of stable parliamentary democracy.
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