In connection with establishment of production or sales in India, it is a good idea to conduct a comparative analysis of selected regions on the basis of key factors. This ensures that your company takes the decision about location on a solid knowledge base.
The key factors are identified together with your company and can include, among others:
- Analysis of investment climate (varies significantly from region to region)
- Political and economic development in the regions
- Salary levels for local labour force
- Access to qualified labour force
- Identification of related industries and industry clusters
- Identification of potential clients/client segments
- Logistics in relation to your company's existing set-up
With a comparative study your company obtains a detailed basis for deciding upon a region (or country) for either establishing production or selling your products.