With advances in communication, infrastructure, and logistics technology, the world is getting smaller day by day. As a result, we are witnessing an unprecedented connection between different regions of the world, unobstructed by borders. This translates to businesses as well. Companies are looking to expand their operations that cover multiple regions to tap into these markets. This phenomenon is not borne of expansionist ideals but is the basis of survival for businesses as competition increases, resources become scarce, and risk becomes more eminent.

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India is the world’s sixth-largest economy, and has an annual average GDP growth rate ranging from 6% to 7% since the start of the 21st century. Setting up a business in India can allow you to take advantage of a large customer base, which is likely to increase your business’ profitability.

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The Human Resource Department serves an integral function in every business with employees. HR is not just in charge of recruiting and benefits but also checks whether companies are adhering to their legal obligations.

The roles and responsibilities of a firm’s HR department include ensuring compliance with laws and regulations set in place at the local, federal, and international levels. It is imperative for all organizations to have an efficient HR department to interact with its staff and resolve relevant issues.

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