Work with a local partner when doing business in India

Speaking at a seminar yesterday on the “Challenges and Strategies for Doing Business in India”, SMU Provost and Deputy President (Academic Affairs) Professor Rajendra Srivastava explained that an Indian partner’s access to local information and contacts is invaluable to a foreign investor. “The opportunities are there and you can keep blaming the circumstances and not making any moves. There will be investment that will take place but, in my opinion, it will be easier to do it in collaboration with an Indian company,” he said. NUS Institute of South Asian Studies (ISAS) partnered SMU in its India Initiatives programme to organise the seminar, which was moderated by Vikram Khanna, the associate editor of The Business Times.

Source
The Business Times