Assume your company is from Europe and considering the establishment of an office in that country.

What additional operating benefits and costs might it have to assume because of the country’s culture?

Large Population

India is most populated country they have large population Macro economically a large populations and
a big market without borders with generally established logistics to do business  is one of the major
advantages of starting a business in India. India’s young population and growing economic power
promises to be a magnet for foreign companies for decades to come.

Comprehensive Tax System

For foreigner mostly Europe India has a comprehensive network of tax treaties. Moreover, recently Indian
tax system has been modified by the Direct Taxes Code as well as the Goods and Service Tax (GST) to
provide ease of doing business. So that they can do business in royal way .it’s a business friendly
environment.

Business friendly Laws

In recent years, several important bills that are beneficial for most industrial sectors have been passed in
the Indian Parliament. The Goods and Services Tax Bill have increased efficiency in the movement of
products across India. The Direct Taxes Code Bill have clean up tax laws. But the most important (and
most controversial) law will be the Land Acquisition Bill. The Companies Bill, which updates India
corporate law for the 21st century, has also been passed. Such business friendly laws make it easy for
international players to actualize their plans of entering India.

Low Operational Cost

There is a noticeable Low costs of operation possible from infrastructures to phones to internet to labour
to salaries to anything required to set up a business. Moreover, workers are ready to work at low cost. Not
only this but tax strategies of India compared to other countries is very moderate and hence could cut the
cost of operation of the business.

Indian Financial System

India has a well-regulated financial system which has access to developed markets all over the world and
can be financed through multiple sources restricted to some rules and regulations of RBI etc.

Vast Trade Network

India boasts a vast network of technical and management institutions that are of the highest international
standards backed by regional and bilateral free trade agreements. In addition to that, there are numerous
trading partners to trade with. These institutions develop excellent human resources.
Strong base of English-speaking population

India has a strong base of an English-speaking population for business purposes. The historical
relationship between the UK and India means that Indians have a high level of English. Although the
accent and vocabulary of Indian English is slightly different from that of British or American English,
international organisations will benefit immensely from graduates’ ability to speak English fluently, as
well as their command of the many local Indian languages.

Indian Work Ethics and Working Class

The blend of hardworking nature with the willingness to learn and never say no attitude, is what sets
Indians apart from their South Asian counterparts. Moreover, the huge no. of Indian population falls
under the working age group i.e. 18 to 65 adds more years to service availability in the Indian Market.
The youth has come out of the closet and now looking for the opportunities. Indians are known for their
work ethics all over the world

Government’s initiatives

It has announced a number of attractive schemes and policies from time to time to lure investments. The
individual ministries of different industries have made special attempts to ease the rules and regulations
related to foreign investment in the industry. The government of India has taken several initiatives to
attract foreign investments in India’s diverse sectors

Startup India Movement

Under the head of ‘Startup India Movement’ the government is introducing several reforms to create
possibilities for getting Foreign Direct Investment (FDI) and foster business partnerships. Some initiatives
have already been undertaken to alleviate the business environment from outdated policies and
regulations. This reform is also aligned with parameters of World Bank’s ‘Ease of Doing Business’ index
to improve India’s ranking on it.