Doing business in India offers enormous opportunities for Slovak companies. However, India is a large and complex market compared to small Slovak playground. It should not be seen as one market, but a series of interconnected regional markets where the legislative and investment climate may change from one state to another. For Indian companies, we provide opportunities to enter Slovak and central European markets, invest into local companies with direct foreign investments or join-ventures. There are opportunities in both worlds we just need to match it properly by finding a right partner.
We’re here to help you and by taking advice on how to do business in India and Slovakia from the right experts, Slovak companies – large and small – can succeed in India.
At first we will look at doing business in India, we have collected advice from a range of India market entry specialists. The key areas to consider are understanding the market, business culture, market entry structures, building your team, finding customers, managing money, legal considerations & incentives and supporting networks. Through our guide to doing business in India we help you understand how to succeed in the Indian market.
OUR TOP THREE tips for Doing Business in India and Slovakia are:
When choosing a location, you must compare local laws, government incentives, the local infrastructure and workforce. Often it is also crucial to find the right partner for your product or service.You must evaluate the most relevant entry strategy, the best structures and how to minimise risks and optimize sustainability.Size doesn’t matter: it is not just large companies which are entering the India and Slovak market. Companies of different sizes and from different sectors have found success in both markets.