India is the 7th largest country in the World by area. It is a Federal Democratic Republic comprising of 29 States and 7 Union Territories. India not only supports one of the largest populations in the world, but is also one of the youngest populations. India has emerged as the fastest growing major economy in the world as per the Central Statistics Organisation (CSO) and International Monetary Fund (IMF). Being one of the fastest growing economies in the World, India has emerged as a key destination for foreign investors in recent years. India strives to promote foreign investment in a focused, comprehensive and structured manner while acting as a first reference point to provide quality input and support services to its prospective foreign investors. From April, 2016 to December, 2016, India has received FDI amounting to US$ 48,032 Million and cumulative FDI inflows from April 2000 to December 2016 stands at US$ 472,199 Million.
However, there are a number of issues which you must consider when you are looking to set up your business in India. This document takes you through some of the common questions we come across and gives you practical information about the issues you need to consider.