Challenges of doing business in India

India is going through a period of unprecedented economic liberation, opening its vast consumer base to international firms. However, it is a notoriously difficult place to do business, and having local help on board is the key to unlocking the country’s vast economic potential.

Per the latest report published by World Bank, India is ranked 130th, in terms of ‘ease of doing business’ and a gloomy and not encouraging at all 155th in terms of ‘starting up new businesses’. It is evident hence that it is a lot more difficult to start a new business in India than it is to remain engaged in doing an existing one.