With a new Government voted to power by a huge majority that is widely seen as business and investor-friendly, foreign businesses and investors have much to cheer and a steady increase in the Indian market performance can be anticipated.A slew of policy measures over the last few years have led to a keen interest in investing in India. Data from the Department for Promotion of Industry and Internal Trade indicates that the total FDI investments in India between April and December 2018 stood at US$ 33.49 billion.
Election results will be out on May 23 and exit polls indicate that the Narendra Modi-led NDA Government is set to return to power. The stock market is definitely pricing in the return to power of a BJP Government. Indeed, the day exit poll results were announced, the benchmark Sensex surged 1421.9 points to close at a record high of 39,352.67.
Devising a safe and sound Indian market entry strategy is a task which requires foreign investors to consider plenty of factors. A young population with a median age of 26.7 years, combined with a drastic decrease in the number of people living below the poverty line as per NSSO data has led to India’s position as a leading world market.