IMARC Group, an India market entry consultant, is conducting a seminar on the essential aspects of Market Entry Strategy in India. The seminar will be conducted on 2nd May 2019 at the Indian branch of the company, located in Noida.
The Indian market provides ample opportunities to foreign companies due to vast business potential and the success of economic reforms in the country. India is the eighth-largest exporter and tenth-biggest importer of commercial services. Recently, the Country has also signed free-trade agreements with ASEAN and South Korea which have created more business opportunities in India. In addition to this, the Indian Government has entered into negotiations with numerous partners like MERCOSUR and the EU.
According to our estimates, it has been found that the Indian population expends most on food and non-alcoholic beverages (44.63%), followed by housing (12.47%), energy (8.01%), clothing and footwear (5.98%), transport (5.22%) and others (23.69%). As a result, there is ample scope for international brands to enter the Indian market and establish their companies. Some of the other sectors which possess growth potentiality include infrastructure, automotive, machinery and equipment, water and clean energy, transport and hotels, and healthcare.
However, India’s regulatory environment and trade regime still remain relatively restrictive which obstruct several companies to invest in the Country. Details related to this scenario will be addressed in the seminar along with effective solutions. For companies planning to enter Indian market, this is a great opportunity to gain specific knowledge related to it.
Merely replicating the products and systems that have succeeded in other countries will not be sufficient to proliferate in this country as consumers here have a wide variety of preference and taste. To overcome this, we provide consulting services to the respective companies. Our primary focus is to make these companies understand the market scenario, develop and execute market-entry and go-to-market strategies as well as create sustainable and successful businesses in India.
To know more about India Entry Strategy, Visit: https://www.imarcgroup.com/services/indian-entry-strategy
Our market approach involves an intricate assessment of:
- Current Technology Trends
- Future Opportunity
- Entry Barriers
- Business Scenario
- Geographical Advantage
- Government Regulations
- Potential Partners/Customers/Business Leads
Low market penetration in many categories is creating a compelling scenario for investment in the country. However, this is an insufficient basis for developing a prosperous Indian entry strategy. We assist in building up the picture for your market space, enabling you to make more informed decisions. Along with this, we give on-ground expertise and strategic acumen to help you enter and profitably grow your business in India. Our team and partners also provide a customized solution to meet the specific and unique requirements of clients.
Browse more services offered by IMARC Group: https://www.imarcgroup.com/services