What steps must I take if I wish to establish a BUSINESS ENTERPRISE IN INDIA????

Question

I am looking to become financially active in India. I would like to start investing in both equities and fixed incomes as well as property. I shall also like to establish corporations in both services and manufacturing.

Any advice on where and how to start out??????????/

Answer 1

1. IF YOU ARE NOT AN INDIAN AND WANT TO START SOMETHING IN INDIA, COME TO INDIA AND OBSERVE THE FIELDS YOU GOT INTEREST FOR FEW MONTHS.
2. FROM THE EXPLANATION YOU HAD GIVEN AFTER YOUR QUESTION, GIVES THE IMPRESSION THAT YOU ARE A PERSON WITH LOTS OF MONEY AND BIG IDEAS. BE CAREFUL WITH YOUR MONEY WHEN YOU DEAL IN INDIA. SEEK PROFESSIONAL HELP FORM SOME GOOD CONSULTANTS, WHO CAN GUIDE YOU IN SELECTING PROJECT OF YOUR LIKE AND BUDGET.
3.POSTPONE YOUR IDEA OF ESTABLISHING CORPORATIONS IN SERVICES AND MANUFACTURING.
THERE IS LOT OF COMPETITION IN BOTH THE FIELDS.
4. IF YOU WANT TO INVEST IN EQUITIES DIRECTLY STUDY THE MARKET THOUROUGHLY BEFORE JUMPING.
5. IT IS SAFE TO INVEST IN EQUITY MARKET THROUGH MUTUAL FUNDS. INDIAN MUTUAL FUNDS (EQUITY-DIVERSIFIED) HAVE GIVEN GOOD RETURNS [ NEARLY 30% FOR THE LAST 3 YEARS].
6. IT DOESNOT MEAN THAT PAST PERFORMANCE WILL SUSTAIN IN FUTURE. HOWEVER IF YOU STUDY THE SCHEMES WELL AND CHOOSE WISELY THE CHANCES OF GOOD RETURNS FOR MEDIUM AND LONG TERM IS POSSIBLE. FIXED INCOME RETURNS ARE AROUND 12% P.A.
7. ONE SHOULD BE CAREFUL WHILE INVESTING IN PROPERTY BECAUSE OF DEFECTS IN TITLE ETC.
8. IF YOU WANT TO START ANY BIG THING COMMERCIAL CITY 'MUMBAI' IS THE BEST PLACE.
OTHERWISE INVESTMENT IN ANY SOUTHERN STATES LIKE ANDHRA PRADESH, KARNATAKA, TAMILNADU AND KERALA ARE GOOD IF PLANNING IS DONE THROUGH PROFESSIONAL CONSULTANTS.
9. LAST BUT NOT THE LEAST ADVICE IS DONT JUMP INTO MANY THINGS AT A TIME HOWEVER BIG YOU MAY BE, WHATEVER MONEY YOU MAY HAVE. SLOW AND STUDY WINS THE RACE. GOOD STUDY AND PLANNING IS THE KEY TO SUCCESS IN ANY VENTURE.

Answer 2

I am only 34 year old. But I have the following suggestions: the first and most important is Commitment. You need to ask yourself, is that the field I want to give best of my abilities ? This question is important. The second one is Having An Original Idea. if you have an Idea, you can sell and become rich by just selling Chappathies or Doshas. Like Dominos Pizzas. Third Important thing is continuous renewal of strategies and bringing new ideas in to support the original basic ideas. In Service industry Hotel and Tourism is the best. Investment initially is the first key. Invest in key loclaity in Hotel or resort with all best services facilities available in the market are the main key. Then very good hard working guys who can run the show ! Manufacturing requires market research with lot of investments in the machineries if it is hardwares, etc or some real brainy chaps in the soft or scientific products, etc. Do clear desk work and have the dream to achieve that single idea and live with that idea, is the secret of success of any business.

Answer 3

hi

Well India's main economy boosters are the services industry ....

BPO's , Hopitality etc are reallyhot revenue churners,

if u r looking at FDI with some partenership then consider products and services relate to infrstructure .. like machinery , chemical , etc ... relate to the construction industry ...
construction and housing , and real state development related ... is really on fire ..

also very important is how much you wnat to invest monetry wise .....

The hot areas for commercial activity . is primarily North India .. like Gurgaon , NCR , Jaipur etc ...... while East india is yet to catch up , ... but in East you will have lot of Tax benifits and incentives .......

The last year has seen retail sector now maturing .... this wil be now the biggest invetsment and business startegy for next five years atleats ...as all top companies are coming up with some retail business model ............

Well i can go on and on ...... ... but you really have to be clear first what kind of business you want to get in and see yourself after next 5 years .... also investment capacity !!!

Your local consultant can only be more usefull once you decide which line you have to pick up ... as per long term ROI and you own capacity to sustain ...... hope you get some idea from this ... else you ca n ask agian and i wil be happy to write more on this .........

Answer 4

this is very good question.
first of all if u want to establish business in india u will have to choose proper field. b'cpz today in india u get so many competitors in same field. then after u have to survay about that field for further basic details like market condition , profitability , competition , growth of industry, etc....

from my point of view i can say that if u 'll be able to make this 2 steps u'll just have to consentrate on ur management

i can suggest u that BPO business and investment business and MLM business are the best to business in india.

in those field u'll get large number of consumer and business as well...

Regards,

Nikunj Patel

Answer 5

Welcome to India !
India is Poised for growth, you may also take advantage, of growing economy. You may contact any reputed Indian Bank for investment in Indian Stocks and Mutual Funds as well as in property.

You may visit

www.hdfcbank.com

More shall be informed on demand.

With all the Best.

Answer 6

If you have so much in mind and matching resources or ability to match resources to your plans, build on systematically from the day one.

Engage appropriate professional(s) to guide you through the intricacies and with risk minimisation. Hap-hazard moves and tips in pieces won't take you anywhere.

Answer 7

I don't know