Why India should think of expanding in Southeast Asia

India is a magical land of kaleidoscopic diversity, bursting with energy and possibilities. With a heritage spanning centuries and a burgeoning economy that shows no signs of slowing down, it's no wonder savvy businesses are turning their attention towards investing in this dynamic country. The advantages are plentiful and irresistible- from a rich talent pool to a thriving consumer market. However, the possibilities continue. With India's strategic location in Southeast Asia, it's time for businesses to consider expanding their footprint in this region. India is truly a force to be reckoned with, and the time to invest is now!

Indian entrepreneurs seeking global growth should consider Southeast Asia's burgeoning digital economy. Currently valued at $210 billion, this dynamic market is projected to experience a compound annual growth rate (CAGR) of 15%, reaching an impressive $430 billion, as revealed in recent research. This rapid expansion presents a significant opportunity for Indian entrepreneurs to tap into Southeast Asia's vast potential. With its diverse consumer base, thriving e-commerce sector, and increasing digital adoption, the region offers a promising environment for businesses to expand their reach. By venturing into Southeast Asia, Indian entrepreneurs can access a growing market, leverage the region's digital ecosystem, and establish valuable cross-border partnerships. The combination of Southeast Asia's upward trajectory and the aspirations of Indian entrepreneurs creates a compelling connection, poised for mutual success in the global business landscape.

Expanding into Southeast Asia: A Golden Opportunity for Indian Startups As India's economy continues to overgrow, startups in the country are looking for new opportunities to develop and reach new markets.Southeast Asia presents a unique opportunity for Indian startups to explore uncharted territories and tap into a rapidly growing market.?

The reasons for India to expand in Southeast Asia are many folds?

Golden Opportunity for Indian Startups in Southeast Asia

Indian startups seek new opportunities to expand their businesses and reach new markets. Southeast Asia presents a golden opportunity for Indian startups to tap into a rapidly growing market. According to a report by Google and Temasek, Southeast Asia's internet economy is expected to grow to $430 billion by 2025, a massive demand for Indian startups to leverage.

?Access to Skilled Professionals

One of the critical advantages of expanding into Southeast Asia is access to a large pool of skilled professionals. The region's diverse workforce can provide startups with specialized skills and expertise, helping them take their businesses to new heights. According to a report by the World Economic Forum, Southeast Asia has a growing talent pool of over 630 million people, which is a huge potential for Indian startups to leverage.?

?Rapidly Growing Market with a Large Consumer Base?

In addition, Southeast Asia is a rapidly growing market with a large consumer base. According to a report by Google and Temasek, the region's internet user base is expected to reach 310 million by 2020. By expanding into this region, Indian startups can gain access to millions of potential customers and grow their customer base exponentially. In addition, the region's growing middle class presents an attractive market for startups looking to expand their operations.?

Unexplored Avenues for Growth and Expansion?

Moreover, Southeast Asia offers numerous unexplored avenues for growth and expansion, particularly in technology, healthcare, and e-commerce. By exploring these opportunities, Indian startups can diversify their revenue streams and expand their operations in exciting new directions. In fact, according to a report by DealStreetAsia, Indian startups have already been making significant inroads into Southeast Asia, with over 1,300 Indian startups operating in the region as of 2019.?

Supportive Startup Ecosystem and Government Policies

Southeast Asia presents an attractive destination for Indian startups looking to grow their businesses. With the region's supportive startup ecosystem and government policies, Indian startups can open new avenues for success and growth. Moreover, by taking the leap and venturing into Southeast Asia, Indian startups can position themselves for long-term success in a rapidly growing market.

Southeast Asia has a vast consumer market, with 600 million individuals eager for innovative products and services. This presents a golden opportunity for Indian companies to tap into and benefit from. The region's GDP is also attractive, with projections showing it will reach $4.7 trillion by 2025. Indian businesses have the chance to capitalize on this potential. In addition, India's strategic location as a gateway to the region and its access to the Indian Ocean and the Bay of Bengal provides an ideal opportunity for Indian businesses to establish a foothold and explore new markets.?

The cultural and historical ties between India and Southeast Asia provide another compelling reason for expansion. In addition, the region is full of untapped opportunities waiting to be discovered, from the awe-inspiring temples of Cambodia to the verdant jungles of Malaysia.

Furthermore, the vibrant community of over 10 million people of Indian origin living in Southeast Asia offers invaluable support to Indian businesses seeking to establish a robust presence in the region. In conclusion, India's journey into Southeast Asia is driven by numerous compelling factors that make it a desirable market for expansion.

About Rocket Capital?

Rocket Capital?is an early-stage VC fund investing in New Media Technology start-ups. We invest in pre-Series A, Series A and Series B stages, but we are open to investing earlier/later if we have strong conviction in the idea and founders. We have deep respect for all founders and the products they are building, and believe in creating long-lasting relationships in the industries we invest in.