On May 25th, 2017, Rohit Kapur and Sahil Aggarwal, Country Manager and International Business Advisory Manager of Dezan Shira & Associates Indian Branch, hosted a seminar on doing business in India with a focus on new government initiatives as well as regulatory reforms in India at Dezan Shira Shanghai Office.
With an impressive full-turnout of guests and members, Rohit propounded on the upward FDI trends observed currently in India, the best practices in Investment entry strategies in addition to several initiatives taken by the local administration in direct address to drive investments into India.
Four initiatives were highlighted and explained in detail: Make In India, Digital India, Startup India and Smart India, all of which are intended to expedite legal processes, eliminate leakage and incentivize investors from abroad. Of these initiatives, Make in India is intended to capitalize on the manufacturing sectors’ potential, particularly as costs of labor rise in China, while Digital India aims at increasing confidence in the security and transparency of business operations via its cornerstone Aadhar Program.
At the same time, regulatory reforms have also been introduced, eliminating multiple taxes and reducing red tape shrouding foreign investments, communicating a willingness and eagerness for new investment opportunities as well as a newfound precedence of economics over politics.
By drawing on his own experiences and sharing updates on key regulation and government initiatives, Rohit gave a new confidence into doing business in India
Following the presentation was the discussion session when all guests raised their concerns and shared their experience doing business in India. Dezan Shira & Associates Partner Adam Livermore together with Rohit Kapur hosted the session and gave their suggestions based on their years of work experience in India.
To give an example of investment opportunities and to learn more about investing in India, please refer to the India Briefing article ‘Investing in Kochi: Port City and Emerging IT Hub in India’;”, or visit India Briefing webpage.
For the latest magazine issue on various Business and investment topics at India Briefing, please click here.
For assistance in doing business in India, contact Rohit Kapur via firstname.lastname@example.org