MAKE IN INDIA - WE SUPPORT THE MARKET ENTRY AND THE EXPANSION OF THE MARKET POSITION
"India can profile itself as a competent production location by intensively promoting the "Make in India" initiative, but also by supporting the exchange of imports of low-technology goods from other countries and offering local products at lower prices."
India
A stable government, growing demand in the domestic market, extensive economic reforms, a young and talented workforce, low wages and a variety of tax incentives are compelling reasons for foreign companies to consider direct investment in India.
It is the declared goal of the Indian government to increase the global market share of exports to 6% by 2030. A plan in which the motto "Make in India" is becoming increasingly important in the global economic cycle. Land reforms, labor market reforms, tax reforms, digital reforms, the promotion of qualified vocational training, and the strengthening of the physical and social infrastructure are important measures of the government with great implications.
There are many good reasons for foreign investors and companies to become involved in the emerging Indian economy:
It is the declared goal of the Indian government to increase the global market share of exports to 6% by 2030. A plan in which the motto "Make in India" is becoming increasingly important in the global economic cycle. Land reforms, labor market reforms, tax reforms, digital reforms, the promotion of qualified vocational training, and the strengthening of the physical and social infrastructure are important measures of the government with great implications.
There are many good reasons for foreign investors and companies to become involved in the emerging Indian economy:
India has 1.35 billion inhabitants, mostly young people as potential consumers (28% of the population is under 15 years old)
A positive development by 79 places in the "Doing Business Ranking" of the World Bank - from place 142 in 2014 to place 63 in 2019
Reduction of corporate income tax for new manufacturing companies to 15% from the current 25%, which should encourage investment in global and domestic markets
The government has set itself the goal of reducing logistics costs from currently 14% of GDP to less than 10% by 2022 through a national logistics policy
Modi’s plan offers the prospect of enormous potential for foreign investors.
The first projects in India were conducted by EAC in the late 1990s. Since 2005, EAC has had its own office in Mumbai, the country’s most important economic and financial hub.
EAC has supported leading MNC’s and SME’s in the development of their India strategies, in the search for potential acquisition targets and subsequent M&A implementation, as well as the formulation of location, distribution and personnel concepts and the realization of investment projects. Extensive industry-specific know-how and familiarity with the local ‘rules of the game’, experience in negotiating M&A transactions with Indian enterprises and with their particularities, as well as ongoing experience with Indian authorities in company set-up and implementation projects (greenfield and brownfield) are our core competencies. In addition, EAC has an excellent network in the Indian industry, from companies, industry associations and market experts to government authorities at the central, provincial and local level.
