Welcome to the August issue of ValueNotes Connect.
India has moved up in the global ease-of-doing-business rankings. No doubt it’s easier to do business in the country today, than it was say even a decade ago. But how easy is easier? Challenges do remain…
On a witty note, here are 10 tips for doing business with Indians (primarily for the uninitiated). We Indians have a lot of quirks. No doubt, people from other cultures have their quirks too, but arguably, we have more of them. Maybe it’s because we’ve had thousands of years of civilization to acquire these idiosyncrasies, or simply because we’re relatively isolated from the rest of the world… Whatever be the reasons, for an outsider trying to do business with us Indians, the journey can be both frustrating and entertaining (if you have a sense of humour)
For multinational corporations, India has not been an easy market to do business in – especially over the past few years. What with laws changing frequently, aggressive and unpredictable tax demands, resource constraints (especially land), infrastructure bottlenecks, business unfriendly bureaucracy and rules – many foreigners (and even Indians) are frustrated and discouraged from investing in India. So why should (indeed, must!) corporations invest in India?
Do read about how we helped a Spanish roof tiles manufacturer explore opportunities in India.
As always, we hope you enjoy reading our newsletter, and we look forward to your comments.
10 tips for doing business with Indians
by Arun Jethmalani
|We Indians have a lot of quirks. No doubt, people from other cultures have their quirks too, but arguably, we Indians have more of them. As India grows, the sheer weight of the economy will ensure that most of you (or your companies) will eventually do business in India or with Indians. We highlight a few tips that can help you while doing business with Indians|
Seven reasons why companies should (Must?) invest in India
by Arun Jethmalani
|For multinational corporations, India has not been an easy market to do business in – especially over the past few years. In recent years, there has been renewed hope due to a new government. However, this has also led to some unrealistic expectations where things may not happen as quickly as many expect. Even so here are some good, long-term reasons on why corporations should (indeed, must!) invest in India.|
Some client problems we have solved: