This module provides a basic understanding and analysis of the basics of doing business in India. It includes information on understanding the Indian culture and business environment, business etiquette and practices, business negotiations, and the current investment climate in India. Additionally, the module offers a case study on entrepreneurship and new ventures in India.globalEDGE Business Review: The BRIC Countries
Executive Briefing: Brazil, Russia, India, and China form the so-called BRIC countries. This article summarizes the basics of the BRIC countries, including: the impact on the BRIC’s by the world economy, organizing by the BRIC countries, economic and population changes in the BRIC countries, key strengths and weaknesses of the BRIC countries, and key issues for countries and firms to consider when doing business with the BRIC countries. Opens in PDF format.globalEDGE Business Review: Understanding India: The New Frontier for American Business
Executive Briefing: India presents a huge untapped business opportunity for American executives. But many myths hinder the success of Western companies in India. Five common fallacies ranging from outsourcing, to finance, to marketing, are cleared in this article. Opens in PDF format.
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The Locate India is a trade portal that allows buyers and sellers to post listings for listed Indian products. A company directory is also provided and allows users to locate specific businesses by the type of products being sold.
India Briefing is a monthly magazine and daily news service about doing business in India. It covers topics relating to the Indian economy, the market in India, foreign direct investment, and Indian law and tax. All published materials are available for purchase on the site. However, the regional profile is provided for free on the site.
Business Standard provides news and information on markets, companies, economy, politics, finance, and commodities in India and across South Asia. A free registration is required to access some content on the website.
A leading Indian business publication, Businessworld covers recent news related to the economy, business, finance, and technology. Coverage includes news articles, analyses, and case studies.
A financial media outlet from India, The Economic Times offers access to corporate news, politics, economy, stock market news, stock quotes, and editorial opinions. Reader can search the news by industry. The site also houses six magazines published by the newspaper.
The Financial Express is an Indian daily newspaper which provides news about the corporate world, including topics such as investment, economy, stocks, banking, and technology.
Regulatory Agency Sites
The Central Drugs Standard Control Organization in India lays down standards and regulatory measures of medicines to promote health and safety of its people. The organization provides guidance on health issues and medicines. They also regulate the standards of imported drugs and clinical research in India. Various regulatory documents and forms are available for free PDF download from the website.
The Department of Agriculture, Cooperation & Farmers Welfare functions as the main agency in charge of the research, production, and regulation of all agriculture and food products produced in India. The department's site contains a variety of issues on its responsibilities, regulations, and current initiatives. A section dedicated to reports and publications contains numerous documents about a variety of agricultural topics, and all publications are downloadable in PDF format.
The mandate of the Department of Commerce is regulation, development, and promotion of India’s international trade and commerce through formulation of appropriate international trade and commercial policy. This site specifically contains information on those policies, as well as current news, statistics, and contact information.
The Ministry of External Affairs is responsible for maintaining India's international relations. The site provides information about various diplomatic activities and visits, a treaties database, and bilateral/multilateral documents. In addition, the site contains various external links, recent news, and video briefings.
Responsible for the oversight and regulation of the aggregate Financial Services Industry in India, the Ministry of Finance is divided into multiple parts. Information on all departments in the ministry (Economic Affairs, Expenditures, Revenues, Financial Services, and Disinvestment) is provided, along with yearly economic surveys, taxation and legislation information, investment information, and statistics.
The Ministry of Food Processing Industries (MOFPI) is responsible for formulating and implementing the policies and plans related to the food processing industry. The site provides information for investors and stakeholders, current research projects and related government agencies, as well as statistics about food-processing in India.
The Ministry of Health and Family Welfare (MOHFW) is responsible for maintaining and improving the healthcare system and population control measures of India. An overview of the ministry, links to its various departments and programs, and reports are listed on the website along with information regarding medical education and counseling.
The Ministry of Textiles of India is responsible for policy formulation, planning, development, export promotion, and trade regulation in respect to the apparel and textiles industry. The ministry's site provides information regarding the specific sectors in the apparel and textiles industry, related statistics, and recent news. Information about the ministry, its responsibilities, and regulations is also provided by the site.
The Securities and Exchange Board of India (SEBI) is responsible for the oversight and regulation of the securities sector of the Financial Services Industry within India. The site contains a list of regulations, publications, statistics, and news.
The Telecom Regulatory Authority of India (TRAI) is responsible for both the telecom and broadcasting sectors in India. The TRAI issues licenses to operators and creates regulations for them to comply with. The site provides regulations, directions, recommendations, and consultations for consumers and companies in regards to telecommunication.
The Indian Council of Medical Research (ICMR) is the apex body in India for the formulation, coordination and promotion of biomedical research. Aside from information about research and a directory of council directors, publications regarding medical research and scientific forms are available and may be downloaded from the website in the form of PDFs.
Business in Asia covers business, economic, and cultural topics for Cambodia, China, India, Indonesia, Japan, Korea, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The site also offers statistical data for each country.
The Emerging Market Global Players (EMGP) project, a collaborative effort led by the Columbia Center on Sustainable Investment, ranks multinational enterprises in emerging markets according to the level of foreign assets held. Reports are listed by country and can be downloaded in PDF.
The Department of Industrial Policy & Promotion (DIPP) aims towards regulating the industrial sector, as well as promoting investment and technology flows. In addition, the DIPP monitors the industrial growth and performance of industries. The site includes information on policies and schemes, acts and rules, international Co-Operations, and information for investors. Publications regarding annual reports and statistics are also available in PDF.
Doing Business in India is a report published by Ernst & Young that serves as a guide providing an overview of India's commercial climate. The report also explores India's foreign trade investments and entry options for global businesses in India. Knowledge regarding India's key economic sectors, investment climate, and regulations is also provided. This report opens in PDF format and is published annually.
ExportersIndia.com is an online B2B marketplace that allows users to search for products by industry and company. Also available on the site are numerous buy offers that allow users to promote their own products. Registration with the site is free, and allows users to post their own trade leads as well.
This module provides a basic understanding and analysis of the basics of doing business in India. It includes information on understanding the Indian culture and business environment, business etiquette and practices, business negotiations, and the current investment climate in India. Additionally, the module offers a case study on entrepreneurship and new ventures in India.
B2BSphere is an online trade leads site that allows buyers and suppliers to connect. B2BSphere lets users search for products based on country and product type, then communicate with suppliers to facilitate trade. Suppliers may also post their products on the site for purchase. Free registration is required to access all features of the site.
The India China and America (ICA) Institute is a non-profit organization providing industry-focused research, education, and strategy recommendations on the market impact of China, India, and the United States. It provides a multitude of knowledge-based services, including research opportunities, working papers, and a weekly newsletter covering issues affecting the economies of China, India, and the U.S.
The India China and America Institute (ICA) Newsletter is a weekly online publication by the ICA Institute. The archived newsletters provide a sampling of news, comments, and analyses about India, China, and the United States. A few areas of focus include commercial growth, emerging markets, and policy-making in these three economies. For a free digital subscription, registration with the ICA website is required.
India Together aims to inform users on development and policy issues in India. Included on the website is helpful information and resources on an array of topics all focused on achieving prosperity in India. Topic areas available on the website include: agriculture, economy, environment, media, and much more. Also included on the website is an interactive section allowing users to ask questions and engage in discussions, as well as editorials, and interviews.
Infobanc is a B2B e-commerce portal that provides bulletins with buy/sell offers from Indian manufacturers, exporters, importers, and international traders. Free registration is required to view some contact information of the traders.
Tradeindia is India's largest business-to-business site that offers news briefs, export-import opportunity listings, a bulletin board, and importer and exporter company directories. The resource's services span from providing suppliers to updating top trade leads.
IndiaMART is an online marketplace for small and medium-sized businesses wishing to connect global buyers with suppliers. This site primarily contains products posted by sellers and buyers originating in India, but there are multiple companies from other countries posting offers as well. Users can see the latest postings for products and buy leads on the homepage, as well as search for listings by industry category.
Reports on the research of India's infrastructure are provided by PwC in the "Capital Projects & Infrastructure" section of the website. This section briefly discusses the opportunity and challenge of India's infrastructure and provides key findings of the research. Reports are downloadable for free in PDF format.