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This incredible growth is mainly attributed to the off-shoring business, including high-end technology consulting, call centres and software programming houses.
Evidently, this is the ideal time to invest in the country, even as the policy makers have begun to emphasize on developing adequate infrastructure for the country. After agriculture, the real estate sector is the second largest employment generator in India.
The persistent demand from the Information Technology IT sector has also impacted the urban landscape in India. As per estimates, there is demand for 66 million square feet of IT space over the next five years.
Several multinational companies continue to move their operations to India to make the most of lower costs of skilled manpower and logistics.
Human resources being the key element in the IT industry, the hiring and housing of people, both at their work place and home, has assumed great significance. As such, there is a persistent need to create space for people to work and live, which in turn sets off the growth of other allied infrastructure.
Though the real estate sector in India is asserted to be the most promising sector today, it is still hugely plagued by market uncertainties and traditional inhibitions. The real estate market in India mostly continues to remain unorganized, fairly fragmented, mostly characterized by small players with local presence.
Foreign investors, other than NRIs, were allowed to invest only in development of integrated townships and settlements, either through a wholly owned subsidiary or through a joint venture company in India, along with a local partner.
Major corporations are taking initiative and are wooing international players soliciting investments for major projects. FDI in Real Estate: The minimum area to be developed under each project would be as follows: The funds would have to be brought in within six months of commencement of business of the company.
Original investment cannot be repatriated before a period of three years from completion of minimum capitalization. The investor would not be permitted to sell underdeveloped plots underdeveloped connotes, where roads, water supply, street lighting, drainage, sewerage and other conveniences as applicable under prescribed regulations, have not been made available.THE IMPACTS OF FDI ON ECONOMIC GROWTH IN VIETNAM 1 INTRODUCTION In nearly 20 years of Doi Moi, Vietnam has made a number of convincing socio- economic achievements.
Average annual economic growth was percent, and GDP per. As the country with the world’s largest economy, the United States offers some of the best business opportunities in the world. To assist businesses in taking advantage of those opportunities, this guide provides an overview of the US legal system and some of the laws relevant to doing business in the US.
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Within a report, hover over Table of Contents to see the topics covered in the report. Click a topic to jump to it in the report. With member countries, staff from more than countries, and offices in over locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries.
Investment Map is a web-based tool that helps Investment Promotion Agencies (IPAs) assess which sectors in their countries have successfully attracted Foreign Direct Investment (FDI) and it assists them in the process of prioritizing sectors for investment promotion. It also helps IPAs identify the competing countries for foreign investment and the most active investing countries in specific.
Market Overview Japan is a fascinating country steeped in history and rich in culture. It pursues the cutting edge of technology while it honors its traditions.