It is quite adequate that the big tech companies are persuaded to invest here and continue to endow their support here. But the question arises why these international companies like Google, Amazon, IBM, Apple, Microsoft are diverted to Indian cores in contemporary years? These big companies have funded and invested millions of bucks in India for their market demand proliferation and transition. But we constantly overlook the capacity of India due to some media outlets and coverage and their nagging.
There are some motives for why these companies uphold their vision and eyes on Indian tech hubs.
- India convey a big middle-class population with a considerable fraction of the adolescent population that makes the International Tech Corporations acquire the demand element.
- Well precisely if we also look into the market distribution in India and China. Accordingly, China has a larger population than India statistically 1408.09 million in 2021 based on demographics while India is about 1391.99 million. But they are more interested in Indian suburbs and the domestic market. It is essentially because of certain strict constraints and limitations due to their political restraint. They have a strict policy over access to foreign countries. While it is quite easy for them to move into the Indian market base without any business regulations.
- India extends a flourishing domestic market with a recourse for global tech associations to retain with the policy of customization for the prospects and customers. India is a subcontinent that is divided into a wide spectrum of consumers databases. The companies are expected to examine and evaluate the R&D of the customised commodities and benefits as per the desire, likes, tastes and iinclinations at recent times.
- India is trying to form the foundation with the establishing technological infrastructure to persuade and coax the International tech companies. The household startup strategical ecosystems in various cities are likely to launch derivatives, commodities and assistance. It will be quite successful for India to provide with the same.
- It can also be looked into the fact that India possesses an enormous eligible workforce due to its gigantic population. It is a relatively implied fact that some Indian IT authorities and proficient are currently heading the top stances and positions at international tech companies and some are even handling the political positions as well. So businesses and organizations can assure cost-effectiveness, market expansion, and greater ROI by using and employing human resources in India. The huge scale Indian market is ideal and accurate to deliver job possibilities to accomplish their undertakings.
So, if we briefly study the points we can surely conclude that India is suitably a dream harbor for these Hi-tech International companies and organizations who can finance millions of clams in the Indian market and show their involvement and support through their curiosity in the varied and eclectic Indian culture. We should perceive our glorious endeavor and should be proud of it. It is definitely relative for them and for us as well. Don’t you think the same?
March 7, 2022 at 11:45 pm
Yes, absolutely correct hence the reason everyone is willingly ready to invest here.