Indian Development

Indian development, a perspective of BHIVE Workspace. India is rapidly growing, Indian economy is developing rapidly. India’s GDP grew by 7% in the first half of the financial year 2015-16. This makes India the fastest growing large economy in the world and brings with it a lot of opportunities for investors and entrepreneurs.

The government of India launched several new reforms and campaigns that aim at the development of Indian economy even further. Make in India, Digital India, Skill India and Start-up India are some of the campaigns that the government launched.

KPMG recently published a white paper that explains the policy changes by the new government. Make in India (building a manufacturing infrastructure), building Smart Cities, the liberalisation of the regulatory framework of FDIs. Housing for all, Digital India, Skill India (youth skill program), roads and highways, the hygiene infrastructure, the automobile sector. Renewable energies, railways and construction. These are only some of the big opportunities that the growing Indian economy offers entrepreneurs and investors and that are covered in the KPMG report. Thus, it becomes imperative for investors to understand how each of these campaigns are impacting specific sectors of the economy. We, at KPMG in India, are proud to release a white paper on the policy changes in India since the new government came into power. The first section of the report elaborates all important policy reforms and initiatives, their impact on the Indian economy and the opportunities that have emerged as a result. The second section of the report focuses on states’ performances to enable business transactions achieve higher operational efficiency for investors.  Do have a look: https://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/India-Soars-high.pdf