Business in 🇮🇳India🇮🇳 #entrepreneur #india #nederland
· 03.11.2023 · 08:39:16 ··· ··· Friday ·· 5 (5)
TRAVEL VLOG IV If you're an entrepreneur India is a dream destination! I realised I spoke about this more on my YouTube channel (and in my TED talk), and never addressed this here.
Aside from the Indian dna being quite entrepreneurial, having one of the largest home markets in the world, and being 3rd on the world list of most unicorns (billion dollar valued companies), there are a few things you have to take into account for running a business in India:
1 Each city kind of has its own specialisation. Mumbai is the finance capital, Delhi is the political capital, and Bengaluru is the start up capital. Of course it's not black and white, but the eco system of your industry matters to fascilitate your growth.
2 Networking is everything. Relationships, and personal referrals, are usually at the base of doing any business in India.
3 Foreign businesses are quite restricted in entering India. You need an Indian business partner to get things of the ground here (see point 2).
4 The industry you are in matters a LOT! Tech is quite modern, but there are plenty traditional industries which are still quite conservative to get into. Especially if you don't have points 2 and 3.
I speak more about working, business, and life in India in my latest q&a video on YouTube. Click the link in bio to learn more.
PS I'm not a visa office, but I am starting a business vertical soon guiding Dutch businesses in the Indian market. You can connect in a dm if you have interest in doing business in India.
#shortsindia #indiainbusiness #business #businessinindia #entrepreneurship #entrepreneurs #mumbai #delhi #bengaluru #netherlands #nederland #nederlandseondernemers #nederlandonderneemt #incredibleindia #indiabusiness
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