KEY FACTS INDIA
POPULATION
1.4 Billion (2021)
LANGUAGE
Hindi, English (and 21 other official languages)
CAPITAL
New Delhi
REGION
South Asia
CURRENCY
Indian Rupee ₹
India is one of the largest and most diverse countries in the world, stretching from the Himalayas in the north to the Indian Ocean in the south. It is renowned for its rich cultural heritage, diverse landscapes, and rapidly growing economy. India is a significant player in global trade and a member of various international organizations, including the G-20 and BRICS.
The United States, China, and the United Arab Emirates are important trading partners for India. The country’s major export products include petroleum products, gems and jewelry, textiles, machinery, and pharmaceuticals.
India has a vast and varied transportation network, with extensive roadways, railways, and a rapidly expanding network of airports. Major airports are located in New Delhi, Mumbai, Bengaluru, and Chennai. The country is also investing heavily in its digital infrastructure, supporting its booming e-commerce sector.
DOING BUSINESS IN INDIA
- The image of the foreign businessman in India is generally positive, with a focus on trustworthiness and expertise. However, business practices can differ significantly from Western norms.
- Indian companies often have a hierarchical structure, and decision-making can be a slow process involving multiple stakeholders. Building personal relationships and trust is crucial in the Indian business environment.
- English is widely spoken, especially in business and government circles, making it easier for international companies to operate. However, understanding local languages and cultural nuances can provide a significant advantage.
- Business meals and hospitality play a vital role in establishing and maintaining business relationships. Conversations during business meals often cover a wide range of topics, including family, culture, and current affairs.
INDIA / NETHERLANDS TRANSITTIMES
Destination
Import van India naar Nederland
Export van Nederland naar India
Transit times Document
2 days
2 days
Transit times Non Document
2 days
2 days
NATIONAL HOLIDAYS INDIA
Date
1 January
29 March
15 August
25 August
2 October
24 October
25 December
Holiday
Republic Day
Holi
Independence Day
Raksha Bandhan
Gandhi Jayanti
Diwali
Christmas Day
EXPORTING TO INDIA: A GUIDE TO SELLING TO THE INDIAN MARKET
India is home to 1.4 billion people and is either the world's first- or second-most populous country, depending on which population study you read. With a fast-growing e-commerce sector, India is an intelligent option for any business looking to expand into new markets.
Using our international trade expertise, we've created a guide to breaking into the Indian e-commerce market. Read on for our exclusive tips for doing business in India—from customs regulations to the latest product trends and consumer habits.
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