Where to Invest in India: Analyzing Gujarat, Maharashtra, and Tamil Nadu’s Business Environment

Posted by Written by Melissa Cyrill Reading Time: 2 minutes

Where to Invest in India: Analyzing Gujarat, Maharashtra, and Tamil Nadu’s Business Environment, the latest publication from Dezan Shira & Associates is out now and available for free download through the Asia Briefing Publication Store.

To succeed in India, businesses must prioritize due diligence to pick investment-friendly and cost-effective destinations best suited to their enterprise needs. For foreign investors, conducting comprehensive feasibility studies is strongly recommended. This latest issue of India Briefing Magazine highlights how key data points can support company expansion and market entry strategies in India. – Koushan Das, Manager, Dezan Shira & Associates Business Intelligence Division

In this issue

Where to Invest in India 2023

  • Why Choose India for Your Investment P. 04
  • Investment Spotlight on Western India: Gujarat vs Maharashtra P. 10
  • Investment Considerations When Choosing Tamil Nadu State P. 19

The business landscape in India is a dynamic interplay of challenges and opportunities, catering to both well-established and emerging enterprises. With 28 states and 8 union territories, each characterized by unique language, culture, perspective, geography, infrastructure development, and industry regulations, effectively navigating this diversity is essential for foreign companies engaging in trade or investment.

As the world’s most populous country, India’s regional demographic spread significantly impacts the labor market size and requires foreign stakeholders to assess the quality of available human resources. Also, to succeed in the Indian market, foreign companies must conduct due diligence to identify suitable and cost-effective locations aligning with their operational needs, besides considering mature hubs in economically significant states.

This edition of India Briefing Magazine emphasizes the importance of market feasibility studies before entering India—crucial for optimal outcomes—by capitalizing on regional policies, industrial ecosystems, supplier networks, and talent sourcing. Additionally, we spotlight three prominent Indian states for manufacturing businesses, providing state-specific fact sheets that highlight key strengths and opportunities.

About Us

India Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in Delhi and Mumbai. Readers may write to india@dezshira.com for more support on doing business in India.

We also maintain offices or have alliance partners assisting foreign investors in Indonesia, Singapore, Vietnam, Philippines, Malaysia, Thailand, Italy, Germany, and the United States, in addition to practices in Bangladesh and Russia.