Starting a business in India is now more beneficial than ever- here’s why!

Are you among those who wish to change the world someday? You like the way Steve Jobs, Mark
Zuckerberg and Bill Gates written their names on the golden plaques? Want to become the creator
of your own dreams?
If you’re an Indian citizen and have these kinds of dreams; maybe it’s the best time to set up a
business here. With several of schemes allotted by the Indian government, many of business experts and
entrepreneurs like Abhijeet Chakraborty thinks that India is now one of the fastest growing
economies in the world and a great country to invest in.
Working class here is growing rapidly here and touches almost half India which is known to be the
most populated country in the world after China. Besides its huge population and size, India also is
one of the quickest arising economies around of the overall population and so does the amount of
disposable income.
So, without wasting any more time lets jump right into the reasons why you should start a business
in India soon.

Technology and Business:  

Modern technology has helped us make our lives easy and as well as the way of business. If you
recall about a decade ago, entrepreneurs had to search and convince the distributors but with the
help of the Internet, you can directly approach your target customers. So, we don’t need third parties
or middlemen anymore, the internet has given us a lovely option to trade directly with the customer.

Loans and more facilities:

The Indian government is currently boosting known as well as small businesses particularly micro, small,
medium enterprises which are recognized as the backbone of the Indian Economy. Government has
reduced interest rates for business loan facilities increased the total loan amount to be taken and
extended the facilities and time period in the time of repayment.

Newly passed bills and laws for business:

India in recent years has passed several bills that are helpful for the business and industrial sectors.
Goods and Service Tax (GST) bill which had some sort of issues in parliament finally passed and put
into effect. Though people having problems with it specifically business persons nowadays it will
surely be proven very beneficial in the coming years.

Low operational cost:

A company small or big doesn’t require Central Government’s involvement, that definitely reduces
the cost of starting and running of the business in India.
Other than this, the basic resources needed for businesses have a comparatively lower cost than other
countries, like labor, food, transportation, internet, even taxes. So, that makes it easier and more
affordable compared to U.S., U.K and more others.

Business as a career opportunity:

Years before and even some years ago, good students used to pick medical or engineering as their
higher study and upcoming career. Business or Commerce was the option for the average students
or the one from the business family background. But in present, things are not the same here; lots of
business-schools and colleges are here and even students from science background are starting their
own business.

Abhijeet Chakraborty is one of those successful entrepreneurs who started his career with a science
background and ruled the business world with their visions and innovative ideas. Now you can see how
things are getting clear day by day for starting a business in India even it’s just a start-up.
So, If you’re in India and have every resource available to start a business, Don’t wait anymore!

 

 

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