India’s Essential Role in the World Economy

India, the 4th largest economy in terms of PPP is fast emerging as a superpower. India’s strength lies in its population; more than 54% population is less than 25 years of age. At 6.7 % GDP growth, India is one of the fastest growing economies of the world. India’s diverse technological skills, manufacturing know how, cheap labor, infrastructure and market conditions just lucrative to attract foreign companies for business. US companies are entering India for Business in beelines. With India’s purchasing power parity, international luxury brands are entering the Indian market in search of buyers. As business travelers to India, the first and foremost requirement is to own an India Business Visa. One should apply for an India Business Visa prior to the booking flight tickets.

Over the years Indian government has amended policies to attract FDI and joint ventures, making India an attractive destination for outsourcing. Getting an India Visa some time ago would have been difficult, but today getting an India Business Visa is easier. Tourism has also got a boost and more and more visitors are applying for India Visa. Government has also introduced online submission of India Visa application forms whereby travelers on tourist India Visa or India Business Visa applicants can comfortably apply for India Visa. India is also opening up its economy to the world by promoting business and tourism.

As traveler on India Visa one may find extreme poverty, lack of express highways, nightmarish roads and traffics, poor standard of living and lack of cleanliness. However R&D centers in India are crowded by brands like Motorola, HP, Cisco Systems who are relying on Indian minds for technology innovation for new products. Companies like Google are setting up R&D centers in India headed by Indians. Car manufacturers to aircraft manufacturers – everyone’s outsourcing design service to India. The pace of innovation here is overwhelming for investors. Thus employees of international companies need India Business Visa frequently. It is advisable to apply for India Business Visa that has validity of more than six months allowing multiple entries. Companies having joint ventures can get India Business Visa that has validity of ten years. Validity of India Business Visa can be extended upto 1 year when it becomes necessary for international companies employees. This facility is available for few other types of India Visa only. There is no option of getting India Visa on arrival.

With diverse and deep strengths in manufacturing and service sectors, India has brought in the required growth that contributes to the world economy. India’s rich cultural heritage of Ayurvedic treatments and Yogic way of life has drawn foreigners towards it. Visitors on India Business Visa also make it a point to understand the real joy of life. Contribution of India to world economy is obvious by the number of travelers on India Visa every year.