Question

What would be risk and opportunities if doing business with India ? Taking in factor their culture and business etiquette?

Answer 1

Risk :

1) There will be lot of competition as you have to face very large number of competitors in every industry.

2) Political influence will also be there as we see that in many other countries

3) Laws in India are much more complicated with other countries laws ,so you have to understand them.

4) As you are new to the place people always try to take advantage in every country.

Advantage:

1) You will get all Human resources at an effective cost

2) Labour will be hard working and will try to get you into the game of business very quickly

3) Due to huge population you can try different varieties of business to get benefitted

4) Due to some beliefs that People in India Follow if you understand their culture definitely you can succeed there.

5) One of the world's largest Market which will get you more consumers