Is everyone in business loving India right now ?

With a growing middle class and a population just about surpassing China's, India is becoming an increasingly attractive destination for investment and business. India's economy is on the rise, and businesses around the world are taking notice. Here are 4 reasons why everyone in business loves India right now:

• ??Booming consumer market: With a population of over 1.3 billion people, India has a rapidly growing consumer market that offers huge potential for businesses.
• ??Skilled workforce: India has a large pool of highly skilled workers, particularly in the technology and engineering sectors, making it an attractive destination for businesses looking to expand.
• ??Government reforms: Recent reforms by the Indian government, such as the Goods and Services Tax (GST) and the Insolvency and Bankruptcy Code (IBC), have made it easier to do business in India.
• ??Strategic location: India's location at the crossroads of Asia makes it an ideal hub for businesses looking to expand into other markets in the region.

However, there are still obstacles to overcome, such as high import duties and logistics challenges. India's manufacturing sector needs to be developed to create more jobs and unlock its full potential. Despite these challenges, India is expected to outperform all major emerging and advanced economies this year.

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Reference Article: CNN

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