As we enter 2025, the world faces several challenges, including a new administration in the USA with potential tariff impositions and a global struggle between globalization and nationalism. The OECD is working towards implementing the two-pillar solution, while ongoing conflicts in Europe and the Arab world add to global uncertainties. Amidst this, India stands out as a stable democracy with a large consumption base and a reliable supply chain, positioning itself as a strong alternative to China. With a stable central government, India has long been a leader in the services sector and is now actively promoting manufacturing through the Make in India program, offering various incentives to drive growth.
The government has set an ambitious goal of making India a developed nation by 2047 under the Viksit Bharat Program, which focuses on high-tech manufacturing, supporting Global Capability Centres, and fostering entrepreneurship. These efforts have led to record foreign direct investment inflows, making India one of the fastest-growing large economies. Given this trajectory, India is becoming an essential part of every major global organization’s strategy. Against this backdrop, we are pleased to present the India Invest publication, outlining the tax and regulatory framework for those looking to invest in India.
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