While India is a great place to operate a production hub, it’s not an easy place establish a production hub.
More and more manufacturers are expanding production to India for its cost-effective and educated workforce, its attractive government incentive programs, and its massive consumer market. But companies often move too quickly, underestimating the complexity of India customs, regulatory and logistics requirements. As a result, expansion projects can experience massive delays, added costs and damaged customer relationships.
It’s best to take the time to understand the requirements in detail to avoid inevitable delays and frustrations. Read our latest eBook on this topic where we highlighted on the three-phase processes recommended by our experts in India:
- Test the market (via FTWZ Operations – with No legal Entity)
- Establish a subsidiary office (virtual or physical) with proper tax registration for issuing local invoices.
- Establish your own factory.
