This thesis entitled "India Welcoming Land for IT Enterpriser" has been written with the idea of creating a concrete and practical tool for an entrepreneur who is eager to try the adventure of entering the IT market in India. We will explore various fields like the culture of the country and its impact on the business world. We will not only speak about the basic differences between India and the West but also the similarities. We have endeavored to gather information on the IT market in India in the current economic context. We gathered many practical advices on the realization of an Indian business plan. We also treat legal texts relating to the creation of companies and detail the administrative stages necessary to succeed. Over all, this document is a toolbox of the enterpriser in India. Many business people all over the world are interested in India.
[...] Since Indians are used to constant change, they have a relaxed view of contracts. Everything depends on how well you know your partner and how much you are ready to trust them. If, after you have started working with your partner, the conditions change in any way, for example if a supplier disappears or the government policy changes, then renegotiation is usual and the conditions set out in the original contract can be affected. As a Westerner used to seeing the contract as the final word in a business deal, you may be shocked by the Indian point of view. [...]
[...] Trying to understand Indian culture is a positive exercise which will allow you to steer clear of the different pitfalls your enterprise may encounter CULTURE India is an extremely large country; consequently, India is divided into many different ethnic groups and religions. The Indian culture is composed of three main ethnic groups, in addition to countless smaller groups. The three most prominent groups are as follows1: IndoAryan, representing 72% of the population; Dravidian, representing 25% of the population and the Mongoloid and other groups together representing of the population. Although India is divided along ethnic lines, values generally transcend ethnic differences. [...]
[...] What's This India Business? London: Nicholas Brealey International - 14 58 SANCHEZ C H R I S T O P H E 2009 frustration and annoyance: it is advisable to try to adapt yourself to your new partner‟s attitude by keeping your schedule flexible. You should also be aware that business is not conducted during religious holidays. You can refer to the table in the section1 where I have listed all these holidays, keeping in mind the dates for the holidays change from year to year and from state to state; so you should verify this information with the Indian Tourist Office, Consulate or Embassy before scheduling your visit. [...]
[...] Most important is to be made appreciate. Do not forget that Indians are “personalists”, they will always prefer to make deals with known and appreciated people. The last words will be those of my professor of management at university BCIDS of Mumbaï, Mrs Prya MALIK: “Challenge yourself”. - 46 58 SANCHEZ C H R I S T O P H E 2009 B IBLIOGRAPHY © The Associated Chambers of Commerce and Industry of India. The Associated Chambers of Commerce and Industry of India March March 2009 < http://www.assocham.org/>. [...]
[...] comparison of regulations. Herndon: World Bank Publications - 30 58 SANCHEZ C H R I S T O P H E 2009 IT services (including engineering services, software products) exports, BPO exports and the domestic IT industry provide direct employment for and 500,000 professionals, respectively G OVERNMENTAL P ROJECTS After having realized the potential of India as an important power in the IT sector, the government has taken the initiative of implementing several projects aimed at promoting development. The Ministry of Information Technology and Communications plays an active role in developing the infrastructure, supporting the development of information technology. [...]
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