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Tour of the World Research Paper-India

A Business Report on India

A business partnership with at global level demands that the country chosen for business must promise the new business with growth, diversification profit. A lot has been said about the countries of the West regarding their age old stable systems and their efficiency at handling business. However, western markets are highly saturated and suffer from several issues, including sanctions, clandestine policies and reduced distribution of power. Newly developed or developing countries, on the other hand, have the potential to not only accommodate a new business in their markets. Amongst the top developing countries in the world, India is considered as one of the fastest developing economies (Thapar, 2002). It is also claimed that setting up a business in this economy is beneficial in terms of growth and profit. Research of information available in the market and the media is required to understand how and why India can be considered as an option of a new market for the purpose of expanding business.

India is the seventh largest country in the world, the second most in population levels and the largest democracy in the world. The government system in the country is quasi-federal, which means that it has a bipartisan political system that is based on American federal government as well on the Westminster system of the United Kingdom which has followed a two house system. The states have their own government and are superseded by the central government. The cabinet forms the core of the democracy with the Prime Minister as the leader and the President as the nominal head of the country.

India became independent in the year 1947 after British colonial rule retracted its control over the country. The country has seen both turbulent times as well as tremendous growth in the past. India

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