What concerns have the delegation members expressed, what questions are they asking, about doing business in India?
Like smart business people, the delegation members are focused on potential customers and their most expressed concern has been: What is the demand for my product in India? Some of the larger companies have a good understanding of that and are looking for buyers, but others want to know the best strategy to get their product to the Indian market. Their questions include: Should we be looking to establish joint ventures? How do we find a distribution partner? What’s the best channel strategy? How do we get a good marketing partnership going? What specifically can U.S. business leaders be told about positive developments for doing business in India? India has steadily lowered customs tariffs on most industrial goods to the point where most finished products are charged a tariff of 12.5 percent. And this so-called “peak” tariff is slated to come down to 10 percent. Similarly, India has implemented measures to liberalize aspects of its foreign direct investment policy. These actions have s
Related Questions
- Whether a foreign company not having any PE in India and doing business promotion through an Event Manager or a Liaison office is liable to FBT?
- What concerns have the delegation members expressed, what questions are they asking, about doing business in India?
- What are the main challenges of doing business in India? What about things like regulatory policy?
