Top Offshore Service Provider in India? (2)

1
Business Setup Services and Consultants in India
for Foreigners In 2014 the Government of India
introduced a watershed economic initiative called
Make in India. This was not only to give a flip
to the countrys vast industrial base but also to
boost investments by encouraging foreigners
towards setting up a business. Spurred by the
governments initiative of Make in India, the
country is slowly becoming a manufacturing and
services hub. Independent companies as well as
global supply chains have successfully tapped
into this rich resource, by using the services of
consultants found the right source for procuring
end products. In 2020 the World Investment
Report placed the country at 9th position in the
list of the worlds largest FDI recipients in
2019 as against 12th position in 2018. In the
financial year2020-21 (Indian follows an
April-March financial year cycle) the country
attracted US 81.72 billion FDI that saw a 10
jump over the previous years.
This quantum jump is testimony to the fact that
starting a business in India for foreigners was
possible and profitable. Being a vast country
with different geographies and having a federal
composition, entrepreneur setup is influenced by
both federal and state laws and regulations.
Setting up industries is a process that needs to
be followed as there are many entities involved.
Professionally managed consultancies in the
country play an important role in helping
foreigners start economic enterprises in the
country as have consultants who have expertise of
offering a complete beginning to end
solutions. Depending upon its nature, to set up a
business the prospective investor may have to
engage with stakeholders both at the Centre and
the States. In starting a business, foreigners
would have to follow certain set processes.
Getting the requisite work done remotely can be
problematic. Industry Experts has a database of
consultants who can help you with all the
business setup services required.