Why Should Global Firms Invest in India?

There is no doubt that Indian economy is growing at a fast pace and keep getting bigger. Over the last few years India has shown the proofs that in every field whether it is technology, human brilliance, millionaires or the innovations it is now competing with the already developed countries/economies which were too ahead. World's cheapest car Nano by Tata Group and cheapest android tablet Aakash by DataWind to the NR Narayana Murthy (Founder of Infosys) as one of the Fortune's "12 greatest entrepreneurs" of all time are few examples to prove the same.

But still many people around the world have cheap thinking about India in their minds. Sometimes it proved to be true when the picture of corrupt Indian politicians comes in front which is preventing India from fulfilling its vast economic potential. The two major factors that are preventing the fast economic growth are the huge mess within the ruling party Congress and the lack of ambition. The recently passed annual budget only had tweaks to the tax rates, debt quotas and duties instead of focusing on big reforms like infrastructure or the energy sector development.

But the cheap politics in India doesn't in anyway means that the oversea firms/people should not invest in India or it is difficult to do business in India. According to a study and research, India is continuously improving its business friendly policies and focusing on new initiatives to attract more and more investors from all over the world.

For those who have a complete negative image about Indian economy, below are some economic facts/stats that illustrate the lead of Indian economy and its strong presence on the world economic map top 10 richest person in india.

India is the largest producer of Milk and largest consumer of sugar and Gold.
Coal India (Public Sector Company) is the only largest coal producer in the world.
Tata Group (an Indian Origin) is the largest manufacturing employer in UK.
Indian Railway, the world's fourth largest railway network and the 4th largest commercial or utility employer with over 1.4 million employees.
India is the third largest country by the total road network size in the world after US and China.
Sonia Gandhi, the president of Congress (ruling party in India) is one of the top 10 powerful women in the world.
Ireland's richest person, Pallonji Mistry is an Indian.
Brand Names such as Pepsi, Citi Group and Motorola are associated with Indian CEO's.
Two Indians, Mukesh Ambani and Laxmi Mittal are among top three richest persons in Asia.
Indian banks have only 2% bad loans versus 20% in China.
GE set up its first R&D centre outside US in Bangalore, India.
Three Indian cities, Faridabad, Surat and Ghaziabad are among the top 10 fastest growing cities in the world according to the latest report by international and national statistics organizations.
The statistics above are now getting even bigger and as the time is passing, India is continuously attracting more global firms to invest or expand their operations in India. Some global firms such as Wikipedia, Bentley, Rolls Royce, Accor, AllScripts, Polaris Industries, Disney IBM, Fiat, Four Seasons, Microsoft's Pubcenter, Natuzzi Group, Seiko, Legard, Starbucks and some other have already announced their expansion plans in India in merely last one year. These expansions will also contribute to the growth of Indian economy and evolution of new business opportunities. At Last, it would not be wrong to say that India is a land of billions of opportunities.