Why Is India an Investment Hub?

By siliconindia | Thursday, 31 January 2013, 12:46 Hrs

Investment

India balances well with the superior economies in investor protection and scores 6 on a scale of 10. According to the most recent global consumer confidence findings from Nielsen, India ranks second in the overall consumer confidence index and have remained in the top 2 for the last 10 consecutive quarters. The Indian banks have also been top among emerging market economies in case of reliability as per the Global Competitiveness Report 2012- 13.The country also has one of the most favorable tax administrations which is a very vital crucial factor for business growth.

There are 21 stock exchanges that make up market securities of country’s business entities and government. With an average daily turnover of 100 billion, the National Stock Exchange and Bombay Stock Exchange are India’s leading stock exchanges. The private sector plays an important character in lashing investment. Domestic high savings and investments generate economic growth making it less in danger to adverse external developments.