Do you have clients with business in Asia? Updated Guide to Doing Business in India is now available

Do you have clients looking to invest or do business in Asia, read on. Gujarat-based member firm CRS Consulting, has published an updated Guide to Doing Business in India for all MGI Worldwide members who may have interests in the region - it provides valuable insights into the investment-friendly conditions offered by the Indian government.

Why is India important?

• Emergence of a middle class creates a “sweet spot” – rising incomes – increased spending.
• India has a large and healthy middle class, making it an attractive consumer market. Indeed, India is the world’s largest market for manufactured goods and services and ranks number 40 out of 141 economies for market size according to the WEF’s Global Competitiveness Index. 
• The market is only anticipated to grow. The WEF estimates that India’s total consumption expenditure will grow to $5.7-6 trillion by 2030.
• India has become a powerhouse in terms of technology innovation.
• India has achieved a high macroeconomic stability ranking (with a score of 90 out of 100 and ranked 40 out of 141 economies) in the World Economic Forum’s Global Competitiveness Index.

India sees continued growth

India is projected to remain the fastest-growing large economy for 2025 and 2026, reaffirming its dominance in the global economic landscape.

The country’s economy is expected to expand by 6.2 per cent in 2025 and 6.3 per cent in 2026, outpacing many of its global counterparts. In contrast, the IMF projects global economic growth to be much lower, at 2.8 per cent in 2025 and 3.0 per cent in 2026, highlighting India's exceptional outperformance.

The IMF has also revised its growth estimates for other major global economies. China’s GDP growth forecast for 2025 has been downgraded to 4.0 per cent, down from 4.6 per cent in the January 2025 edition of the World Economic Outlook. Similarly, the United States is expected to see a slowdown, with its growth revised downward by 90 basis points to 1.8 per cent. Despite these revisions, India’s robust growth trajectory continues to set it apart on the global stage.

View and download the Doing Business Guide PDF HERE 

Access the full content of the updated India Business guide and find out how CRS Consulting can assist should you have clients with business interests in the country.

For further information visit CRS Consulting's profile page or website.

MGI Worldwide is a top 20 ranked global accounting network and association with over 8,800 professionals, accountants and tax experts in some 440 locations in almost 100 countries around the world.