India’s rapidly expanding economy presents an exceptional opportunity for European businesses seeking to diversify their portfolios. As the world’s fifth-largest economy, India offers robust sectors like IT, pharmaceuticals, and manufacturing that are attractive to foreign investors. With an increasingly urban population, the country’s middle class is expected to grow to over 500 million by 2030, creating a vast consumer market. The government’s pro-business initiatives like Make in India and Production Linked Incentive (PLI) schemes are designed to foster foreign direct investment (FDI) and simplify the regulatory framework. European businesses, especially in areas like renewable energy, digital infrastructure, and advanced manufacturing, are well-positioned to capitalize on this opportunity by leveraging India’s skilled labor and emerging technological advancements.
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