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Globalisation brings you enormous opportunities to explore overseas markets.
Government restrictions have relaxed, leading to increasing investments and activity in the UK from South Asian companies, particularly Indian businesses. UK companies are also increasingly seeking to expand into South Asia including India.
Whether you're looking to grow your business by exporting, investing or doing business with South Asia, or you're a South Asian company looking to invest or raise funds in the UK, our dedicated South Asia group can help. We have the international capability, cultural understanding and commitment to drive your business forward.
Exploring opportunities in India
India is an attractive place to do business. With more than 1.2 billion people, 572 million are under the age of 24, making it home to the world's biggest youth population. And according to the Organisation for Economic Co-operation and Development (OECD), India's middle class will grow from 5% to 10% of the population today to 90% in 2039. This means India will have added 1 billion people – almost its entire current population – to the middle class.
Investor sentiment towards India is also returning. The World Bank recently raised India's gross domestic growth-rate projection for the next couple of years. This, coupled with India's new stable government, has increased confidence.
Today, India is about more than just IT and outsourcing. New sectors have appeared and the country is rapidly scaling up its infrastructure to help sustain growth. But challenges remain. While bureaucracy has reduced, it still presents barriers. Indian business dynamics are particularly focused on relationships. There are also skills shortages, complex laws and regulations, and problems of unreliable infrastructure.
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