 |
Stable
democratic environment in over 50 years of independence |
 |
Large
market size with a middle class population of 250-350 million
with |
| |
increasing
purchasing power reflected by remarkable increase in purchase
of |
| |
consumer
durables in recent years |
 |
Access
to regional international markets through membership of regional
integration |
| |
frameworks
such as SAARC |
 |
Foreign
investment is welcome in almost all sectors barring those of
strategic concern like |
| |
defense
and atomic energy. Large and diversified infrastructure spread
across the country |
 |
Thrust
on technology, innovation and knowledge base |
 |
Large
manufacturing capability, spanning almost all area of manufacturing
activities |
 |
Well
developed R&D infrastructure and technical and marketing
services |
 |
Large
resources of untapped natural wealth |
 |
Promising
future in the burgeoning information technology industry |
 |
Developed
banking system, commercial banking network of over 63,000 branches,
|
| |
supported
by a number of national and state level financial institutions |
 |
Developing
as one of the largest cost-competitive technical workforce nations |
 |
Conducive
foreign investment environment that provides freedom of entry,
investment, |
| |
location,
choice of technology, import and export |
 |
Acceleration
of the privatization process and restructuring of public enterprises |
 |
Current
account convertibility, capital account convertibility for foreign
investors and |
| |
progressive
implementation for Indian residents |
 |
Established
and independent judiciary with a hierarchy of courts |
 |
Special
investment and tax incentives given for exports in certain
sectors such as |
| |
power,
electronics, telecom, software, oil & Gas and research and
development activities |
 |
Legal
protection for Intellectual Property Rights |
 |
Import
regime in conformity with WTO commitments - removal of remaining
quantitative |
| |
restrictions
on imports of goods into India barring certain items on grounds |
| |
of
national security, defense and health |