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Whether you own a small-scale startup or a multi-million dollar firm, compliance with human resource policies is essential. The HR department establishes the procedures, codes of conduct, and other rules and regulations that the employees have to adhere to.
One of the world’s fastest-growing economies and one of the most populous countries in the world, India is a great place to expand your business for one main reason: access to affordable and competent talent. With 1.4 billion people, India is just behind China when it comes to population, and unlike China which is a highly concentrated “domestic-business-focused” market, India is relatively more open.
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.
