India is the third largest economy and the second largest populous country in the world. India is also known as the land of opportunities for business due to the availability of talent. The country has endless opportunities for foreign investors to invest their hard earned money in the market. There are already thousand of foreign companies invested in India for their growth and progress. The global giant companies such as Microsoft, Intel, Nissan Motors, General Motors, Ford, Google, Facebook, Arcelor Mittal and other giant companies also invested in India. In this article, we have featured our best tips and guide on how to find business opportunities in India.
1. Which sector is growing fast and have big opportunities in India?
First you have to decide in which sector your company wants to invest in India? This is the main factor while considering investment as a foreign investor in India. If your company is looking for the opportunities in information technology (IT) sector then the big metro cities such as Bangalore, Hyderabad, Pune, Mumbai and Ahmedabad are the best options. These all metro cities has the best infrastructure for IT industry compare to other cities in India.
Besides this, you just need to check out new business opportunities in your sector in India. Try to locate good places for a particular sector of business. For example, above mentioned metro cities are the best in IT industry.
2. Appoint Medium and Top Level Management for Government Procedures
The top level and medium level management are the key for all the companies. In India, you just need to follow various rules to establish and run your company. So, it is better to appoint persons who have expertise in dealing with the Government officials.
3. Find Indian Business Partners/Customers Online
There are various websites which provides good database of Indian companies for buyers and sellers. So, I am recommending you to use these websites/portals to find opportunities for your company.
4. Participate in Trade Exhibition
Trade exhibition is the best way to find new business partners and clients in India. In the most of cities, trade exhibitions are organized each year. You should book your stall in advance to showcase your products to the targeted people to get more business.