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Manufacturing sector in India is one of the high growth sectors, due to factors like power growth, availability of skilled and unskilled labor, government thrust on manufacturing etc. The Make in India program launched by Prime Minister Narendra Modi also aims to place India as a global manufacturing hub and give global recognition to the Indian economy.
India’s liberated FDI policy for the manufacturing sector coupled with continuous efforts on increasing ease of doing business initiatives make the Indian manufacturing sector prospects brighter in near future. Measures taken by the Government on FDI policy reforms have resulted in increased FDI inflows in the country. FDI Equity inflow in Manufacturing sectors has increased to INR 1,58,332 crore in Financial Year 2021-22 from INR 89,766 crore (FY 2020-21), which is an increase of 76%.
This guide provides detailed information about the India Ecosystem, tax structure, major compliance etc. It helps entrepreneurs understand how to start and grow their business in India.
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This checklist offers a clear overview of important legal, financial, and regulatory compliances every business should follow. It helps ensure your company operates smoothly and remains fully compliant with government standards.
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