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Doing Business in India: Outlook Brightening for Corporations but Challenges Remain
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Join us for a pragmatic discussion as RANE's expert panelists discuss the opportunities and watchouts for doing business in India. Registration information will be available soon via RANE's website: https://ranenetwork.com/

12/14/2016
When: December 14, 2016
12 PM EST
Where: Webinar
Minnesota
United States
Contact: Rachel Bode
6124056566

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Home to close to 1.3 billion people, India is the seventh-largest economy in the world and the second-most populous country behind China. Despite its size and numbers, the World Bank Group ranks India #130 out of 189 economies for ease of doing business, well behind China at #84, Russia at #51, and the U.S. at #7.

Recent developments, however, may help to improve the business environment for companies looking to enter or expand in this nation:
·      India is reworking its foreign investment treaties to clarify its obligations and balance the guarantees provided to foreign investors with domestic interests. The new model may serve as a template for renegotiating India’s 83 separate regional treaties.
·      The government is focused on improving the foreign investment climate, passing the nation’s first bankruptcy law and announcing new foreign investment rules that increase the level of FDI allowed and eliminate the red tape associated with local sourcing requirements.
·      The Indian Parliament has passed a single, uniform Goods and Services Tax that is intended to replace the 29 individual state tax codes now in place, which have made the country one of the most complex and cumbersome places in the world for business, particularly from a compliance perspective.

Despite these improvements, longstanding challenges around doing business in India remain. Conflicts between states and the central government, inconsistent infrastructure, corruption issues and a passive regulatory environment, and questionable security protocols, to name a few. Recent skirmishes in the Kashmir region have also heightened tensions and security awareness across the country. 

Join us for a pragmatic discussion as our expert panelists discuss the opportunities and watchouts for doing business in India.

Thank you to our Business Partners

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