Planning operations and investments in India? Turn to PwC Malaysia's India Desk
With complex tax laws, intricate local regulations and practices and unique business environment, India presents one of the greatest challenges to investors in the Asian region.
Malaysia is India’s largest trading partner from amongst ASEAN's 10 member countries. Both Malaysia and India are symbiotically positioned to expand further their mutual economic interests and collude strongly through cross-border investments between both countries.
Market liberalisation
The Indian Government has been very supportive in market liberalisation measures to accelerate its economic growth. Full liberalisation has been extended to a range of sectors from export based manufacturers and service providers through to petroleum mining and infrastructure sectors. Partial but significant liberalisation, ranging from 26% to 74% has been extended to various sectors including retailing, telecommunications and insurance sectors.
The opportunities
India is making its mark as a major exporter in growth industries like computer software, auto components and pharmaceuticals. As a nation, it is gaining recognition in R&D, engineering design and prototype development.
This increases the demand for infrastructure and power. India will beckon to those who want to invest in its future. But this pace of growth and inward investment comes with its share of challenges - both operational and tax-wise.
Why PricewaterhouseCoopers Malaysia
With an intensified global focus and investment on India, a good understanding of the overall landscape is vital if you are to navigate through the many complexities of Doing Business in India and make your inroad as smooth as possible.
Our team of professionals are in a position to provide an all round solution for your operations and investment in India.
Contact our India Desk team for more information on doing business in India.
