India, Welcoming Land for the IT Enterpriser

Résumé du document

This thesis entitled "India Welcoming Land for IT Enterpriser" has been written with the idea of creating a concrete and practical tool for an entrepreneur who is eager to try the adventure of entering the IT market in India. We will explore various fields like the culture of the country and its impact on the business world. We will not only speak about the basic differences between India and the West but also the similarities. We have endeavored to gather information on the IT market in India in the current economic context. We gathered many practical advices on the realization of an Indian business plan. We also treat legal texts relating to the creation of companies and detail the administrative stages necessary to succeed. Over all, this document is a toolbox of the enterpriser in India. Many business people all over the world are interested in India.

Extraits

[...] India, which many countries consider to be a developing country, is deeply attached to statutory values. The history of business in India is replete with examples of large 1 Labour, Government of India. Ministry of. Government of India. Ministry of Labour January January Davies, Paul. What's This India Business? London: Nicholas Brealey International - 40 58 SANCHEZ C H R I S T O P H E 2009 enterprises which are often respected for their social contribution, for example the founder of the giant Tata. [...]

[...] In order for this to be effective, you should know what your interlocutors expect and what works best in India. The path of a businessman is strewn with traps and the business plan is there to help you avoid these but if you want to succeed, it will be necessary for you to do it Indian style, which, once again, is quite different than Western style. In this chapter, I will highlight some basic points of the business plan and the way in which it must be approached, but in particular, I will consider specific elements to include in the constitution of an Indian business plan designed for an unfamiliar environment that is in constant movement A F EW T HINGS TO K EEP IN M IND The first thing is to forget what you know. [...]

[...] The country is vast and the transport system still badly developed. Efforts are being made at the governmental level to improve the infrastructure but each state still has checkpoints on its borders and an independent legal system, as we have seen. You could, in certain cases, find yourself obliged to modify the routing of your product for legal reasons, which will have a strong impact on your costs. Variable Costs: It will be necessary for you to take into account variable costs such as energy, which can be a key concern in an IT company. [...]

[...] by Siddhartha Gautama, who was an Indian prince at the time in pursuit of spiritual perfection. As of today, there are approximately 350 million individuals who belong to this religion2, many of whom Wikimedia Fundation Inc. Inde April April 2009 Wikimedia Fundation Inc. Inde April April 2009 Central Intelligence Agency. The World Factbook April January Balasubramaniam, unil. HINDUISM, THE WORLD'S OLDEST RELIGION January - 9 58 SANCHEZ C H R I S T O P H E 2009 are found in central and southeast Asia. [...]

[...] Indian contracts and legal instruments are solid elements which one can count on. They have helped in administering complex contracts in changing Indian business environments and in facilitating the smooth flow of monetary transactions. A fair understanding of these laws is essential for doing business in India. - 34 58 SANCHEZ C H R I S T O P H E A N O V E R V I EW O F I N DI A ' S C O UR T S YS T EM Each state in India has its own hierarchical system of courts and those nearest to the population are the village and district level courts. [...]