India is many things: it’s the world’s largest democracy, second-largest population, second fastest-growing major economy, and one of the oldest civilizations. It is also a great place to expand or start a business, not just to access its rapidly rising consumer class but to take advantage of its talented labor force and booming digital sector.
Reasons to do business in India include:
- Rapidly growing economy
- Emerging consumer class
- Pro-business government
- Reasonable and skilled workforce
Doing business in India
India has unique business and cultural traits that shape a company’s experience in the country. To avoid any unintentional faux pas and to make life easier, here is a list of important facts about doing business in the world’s second most populous country:
- Tax considerations
- Obtaining a work permit
- Mandatory Benefits
- Employment Considerations
- Business etiquette
How Tricor can help in India
SKP Tricor provides end-to-end solution in the areas of business set-up, accounting and finance controlling, payroll, corporate compliance and business process outsourcing to foreign companies looking at setting up in India. SKP Tricor has offices in 6 major Indian cities – Pune (corporate office), Bengaluru, Chennai, Hyderabad, Mumbai, Gurugram, and New Delhi.
SKP Tricor is a joint venture, set up in 2011, between Tricor Group and SKP Group in India, both leading professional services groups.
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