INDIA – The Most Lucrative market for business investors & Global corporate house. The most promising and fastest growing economy. Predicted that by 2030,India will emerge as global business hub.
India,The most thrilling place for business & Social life Tourism.Today due to economic & business usp of india most of global business warriors / business entrepreneurs are seeking to enter into indian market.They actively want to participate in this business growth process and want to insure their share.
Indian economy is diverse and one of biggest economy.Market dynamics are complex and market nature is difficult to predict.Imagine a land carrying 29 States ( Consider these states as 29 countries),528 districts,7000 towns & 6 laks villages with 1.2 billion potential consumers.
A market infrastructures of 10 million plus consumer shops,50000 retail show rooms,4 lakhs different product in consumer goods vertical and more than 75 thousands Pharma brands.
More Than 461 Languages,different culture & ritual,different class of consumers based on their buying behaviour……………….many more ………………. really its a puzzle to understand ……….
However,No doubt India Is Emerging,But success will come only those who are strategically sharp and offers greatest business tools at one plake like manufacturing,market,consumers,business stakeholders,english speaking mass,qualified professionals,skilled labur etc etc….
However,Just For our foreign readers those who want to enter Into Indian Market,we are writing this article so that they can eliminate strategic mistakes by understanding India Market entry Barriers……….
Diversity Of India
Diversity of India May be boon for Tourism or UNESCO but on business front it a big challenge to manage diverse culture,diverse geography,diverse consumers. As we have mentioned that there are more than 460 languages,in such a diverse society its really a big challenge because for each class of diverse consumer geography you have to develop different media,product and communication strategies.Think India Is not a single country but there are countries within countries.
About diversity of india there is one old saying in india that – “AFTER EVERY MILES THERE WILL BE CHANGE IN TASTE OF WATER AND EVERY 4 MILES THERE WILL BE CHANGE IN LANGUAGE”……..
—————-> Diversify yourself too To Manage These Types Of Challenges<———————–
SOCIAL & CULTURAL DIVERSIFICATION
India is home for different cultures,different types of society,different types of religion,rituals etc.It May be a challange for outsider but a subject of great proud that all are living together,working together and growing together.But understanding and adopting business in such a diverse social,cultural environment is a challenge for a different culture. However the same is boon one who understand it.
—->Be Social, Enjoy Sociaty And Cultural Business Opportunities To Manage This Challenge<——-
Diversified Political & Legal Environment
Political and legal system of india may be subject of proud but a business speed killing factor.In India Cnetral governement may be different and state governmenet may be different.Hence Some Of Business law may be applicable on Pan India Level but some business / taxation law may differ from states to states. In such a situation every state of india behave as separate country where each and every thing is different from others that’s why i told above that this is situation of “Country within COUNTRY, market within MARKET,niche within NICHE & “challenges within CHALLENGES”
———————->Play On Micro Level To Manage these challenges<————————
ECONOMICAL ENVIRONMENT
A Very Vibrant ,competitive,sensitive & responsive economical environment.Since after liberalization,india has emerged as an major international economical players,it’s natural that it can affect other countries /global economic & financial situation and get affected by changing international economic situation.Particularly fluctuations come when US dollar prices fluctuate, and petro demand and supply balance get disturbed.Similarly balance between import and export also make it impact of performance of companies and prices of goods especially it,mobile etc because all these are majorly import based products.
———-> Add an additional contingency budget for such Situations<————–
MARKET DYNAMICS AND COMPETITION NATURE
Again a diversified market by nature,micro dynamics available in market due to presence of different market influencing stakeholders. A pure competitive market by nature for mass consumer goods and rarely monopoly,monopolistic,oligopoly types of market are available in some very specific field like in high tech,defence or govt. controlled sectors.
One more interesting thing is here for market bot organised and unorganised marke situations are available and enjoys there share in business delivery.So how to manage such a situation……..
————> Be Fragmented niche within niche business philosophy<—————-
Consumer Class & Their Preferences
A Complex Consumer pools based on their buying behaviour. Further their buying decisions are affected by different influencers like elders,channel partners etc etc..More than 8 different types of consumer behaviour has been observed in indian market.So how to manage such a diverse diverse consumer pool……..?
———————>Segmented Business Policy For each Class Of Consumers————–>
LARGE GEOGRAPHY
India is 7th largest country by area hence market is very big and large.Distribution of your product offerings,services is a challenge for companies and requires huge investment and manpower to develop strong distribution / transportation system to serve mass so that an business impact can be created by intime delivery.
————–> Develop Multilayer Subdivided Distribution System To Manage These Challenges<——
FINALLY
TALENT POOL,PROFESSIONALS AND WORKFORCE SKILLS
A Very talented professionals from all fields are available. No need to say that India Has a strong education system this is reason why india professionals are lead the global companies as ceos e.g. satya nadella of microsoft, Jagadish pichai of Google,Indr Nooie of Pepsi…… Many more is list……
The same you will find ,professional and experienced talent is avl on each part of india.More Important thing is that almost everyone speaks,read and write english so no communication problems if you too match.
Same is for skilled work force – al most for all sectors skilled workforce is available.More important that Indian are keen to learn new and develop new skills and soon get amalgamated in new environment and techniques. Further govt of india is also very serious for skill development to meet the requirements of emerging opportunities.
Making business in india is going to become more and more easy with a unique speed from all corners.Its an opportunity for global investors.
<—-Indianise Yourself Be Adoptive And Get Adopted By Indians To Manage This Challenge<—-
Overall,India is a country with ever welcoming legacy,friendly work environment and all stake holders are available in same country like consumer,manufacturers,professionals etc etc .It’s a fine time to enter in indian Market.For Challenges ………. need not to worry……. just a simple technique …..just fine synchronization requires from your side and believe in short time anyone can do this…. YOU TOOOOO…..
SO WELCOME TO INDIA
COME ! MAKE YOUR FORTUNE IN INDIA
For More About Our India Market Entry Strategic Consulting Services Click
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For Pre India Market Entry Business Tour To Understand India Market
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success ………………. And to make your strategic India Market Entry mission hassle free –> & As easy As doing Business In Your own Country, As You Do It in a well familiar business ecosystem.
To Understand These part of successful India Market Entry ,only hard core ground zero level market execution experience required.Otherwise numeric part is almost identical and can be get from any agencies and all will be almost same.Like, if you ask data of indian market like population,shops,business volume etc.. all agency will provide the similar numeric business values but actual conversions of all these business values in business volume is real but complex business task .
———–>Need Not to Worry For being unfamiliar with Indian market Environment & Business system ! We are here to support you for your future success ………………. And to make your strategic 
