Looking to expand your business in India? You are at the right place to receive a red-carpet welcome to India. From setting up Company, LLP, Branch or Liaison offices, we have the expertise to help you.

• Select the right city to have your Indian office.
• Feasibility study report for the product you plan to launch in India.
• Liaison with government departments to avail government incentives.
• Take office space on lease.
• Hire the right talent.
• Buy assets.

Once the business registration is done in India, we help with opening bank accounts with international banks, comply with foreign direct investment/ FDI formalities and help you with all legal documentations. 

We have a great team that will help you with payroll, accounting, labour and tax compliances, regulatory filings and tax returns including international taxation matters.

 

Unlimited Opportunities in India

• Corporate Tax rates in India is one of the lowest in Asia.
• With over 600 mn Urban population, there is abundance supply of skilled human resource.
• 29 years is the average age by 2020.
• 2nd largest smartphone manufacturer in the world.
• India jumped 65 ranks in ease of doing business between 2014-2018.
• By 2021, India will have more internet users than the entire population of 6 G7 countries.

 

India Sector Spotlight

IT-BPM:

• IT-BPM sector accounts for 8% of India's GDP.
• Sector expected to grow to USD 350 Bn by 2025, up from USD 177 Bn in 2019.
• No. 1 IT sourcing destination globally.

Chemicals:

• India contributes 3% to the global chemical industry.

Telecom:

• 2nd largest telecom network in the world, with over 1.20 Bn telecom subscriptions.

Pharmaceuticals:

• World’s largest exporter of generic medicines (20% of global supply).
• 80% of global ARVs to combat AIDS are supplied by Indian firms.

Automobile/ EV/ Auto Components:

• 4th largest automotive market in the world after China, USA & Japan.
• Largest two-wheeler manufacturer.
• India to hold 8% of the global EV 4W component market by 2025.

Biotechnology:

• 3rd largest biotech industry in the APAC region.
• Global leader in supply of DPT, BCG & measles vaccines.

Healthcare:

• 4th largest employer in the country.
• India is expected to rank amongst the top 3 healthcare markets, in terms of incremental growth, by 2020.

Metals and mining:

• 2nd largest steel producer globally.
• 4th largest producer of coal.

Consumer goods:

• 3rd largest consumer economy by 2025.
• 5th largest consumer durable market by 2025.

BFSI:

• Digital payments market expected to reach USD 1 Tn by 2023.
• Total Banking Assets in India expected to cross USD 28.5 Tn in 2025.

Leather:

• 2nd largest exporter of leather garments in the world.
• 13% of global leather production.

Medical devices:

• India is among the top­ 20 global medical devices market.
• Domestic companies are proficient in­ manufacturing of low-end consumables for domestic as well as international consumption.

Food processing:

• Ranks 2nd globally in food production.
• Largest producer of milk globally (c) 2nd largest producer of horticulture crops.

Civil aviation:

• India will be the 3rd largest aviation market in the world by 2020.
• Indian air passenger traffic grew by 16% in 2017-18.

 

To start planning your Indian venture, please write to us at info@splodha.com.