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Government. Ruling party & leader. President: Smt. Pratibha Devisingh Patil Held office since July 25, 2007 Has been politically involved in Indian government since 1967 1st woman elected into office Vice President: Mohammad Abdul Aziz Ansari, elected: August 11, 2007
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Ruling party & leader • President: Smt. Pratibha Devisingh Patil • Held office since July 25, 2007 • Has been politically involved in Indian government since 1967 • 1st woman elected into office • Vice President: Mohammad Abdul Aziz Ansari, elected: August 11, 2007 • Prime Minister/ Head of Government : Dr. Manmohan Singh
Stability of Government • Sovereign socialist secular Democratic Republic • Parliamentary system of government • India’s main threat is China byy also other Asian countries form a threat against India’s growth.
Getting money out of India There is a wide variety of banks and coporations to help get money out of India at a national level for companies and entreprenuers. -IDBI: Industrial Development bank of India -IFCI: Industrial Finance corporation of India • SIDBI: Small industries bank of India • IVCF: Venture capital funds specializes in services that increase the financial needs of commerce and trade in India
How easy is it for foreign companies to compete? • Cultural shock is the main problem for foreign companies. Indian culture compared to western culture is compltely different. To be successful one needs to convince them of your company and its importance. • Before 1991- India implemented protection policies against its foreign comptetitors to allow for India’s companies to expand and grow • Today- India highly influences foreign companies to be involved in their countries