| As in any part of the world, political influence is highly | | | | for multi national investment. Of course there are |
| essential to start a business in India. Especially if you | | | | many obstructions to cross. And mostly all issues can |
| are planning to start a multi billion business, some sort | | | | overcome and establish business if you have the |
| of political patronage is an absolute necessity. Not | | | | political patronage. |
| only for safeguarding the interest of the company | | | | India has a plural political system. With numerous |
| but even to begin the process of getting the | | | | political parties, national level and state level, it is very |
| required sanctions, one requires hold in the high | | | | difficult to get a consensus among all parties for |
| echelons of politics and administrative circles. | | | | starting any business. Also these political parties have |
| Indian society is highly plural. It is the biggest | | | | patronage of many factors, caste, creed and |
| democracy in the world with multi party political | | | | ideologies. There are political parties with left centric |
| system. In population, India is second to China, with | | | | communist ideologies; they are totally against direct |
| nearly 1200 million people. This is the most important | | | | foreign investments. But other parties, who are main |
| consumer market in the world. It is a fast developing | | | | ruling coalition partners, have right centric ideologies |
| world. India is the third largest economy in the world | | | | and open for foreign investments. In most of the |
| and second fast growing economy in Asia. It has the | | | | states, mostly local political parties are ruling. Political |
| tremendous potential of development with huge | | | | parties require financial patronage from big business |
| intellectual human force. With all these advantages | | | | establishments. |
| and the huge market potential, world super | | | | Many constituent states have realized the need for |
| entrepreneurs are looking for business establishments | | | | foreign investments in their state for a growth |
| in India. With the overcrowded population and the | | | | oriented economic situation. Hence the climate has |
| millions of hard working and qualified personals, India | | | | changed a lot in India. So many privileges are offered |
| offers a very cheap work force to the world. Many | | | | to entrepreneurs to start business. With all these |
| have realized the business potential in India, started | | | | facilities, still political patronage is a must to start a |
| exploring the unique opportunities of investments. | | | | business in India. Even after establishing the business, |
| During the last couple of decades, India has opened | | | | for a proper running of the business, political help is |
| its market to world. It has absolutely become an | | | | essential. It is mainly to sort out issues related to |
| open global market. Banking sector, Insurance sector | | | | local taxes, labor problems and many such issues |
| and all fields of industrial and business are now open | | | | affecting the normal working of the companies. |