Some of the main reasons why the entrepreneurs in Europe should focus on India are the following:

• India is the 4th biggest economy in the world with considerable development potential.
• EU - India relationship goes back to more than 500 years and covers important areas of investment, trade, technical assistance and cultural interaction.  As a result, EU and India have entered into a Strategic Partnership Agreement to advance trade investment and outsourcing. There are already action plans on both sides to give shape to the strategic partnership.
• A stable and long democratic governance with presence of all major legislative, judicial, economic and financial institutions, such as investment banks, insurance companies, chambers of commerce. The Mumbai stock exchange is one of the oldest in the world with a large shareholding population. There is also a consensus among political parties and groups on economic and trade liberalization.
• Ready availability of semi-skilled, professional and managerial manpower with internationally known training institutions.
• Availability of a wide range of raw materials, minerals, intermediate and finished products required by different industries.
• A big reservoir of foreign exchange facilitating easy financing of imports, repatriation of profits, payment of foreign staff and possibilities of forming different types of legal organizations based on full or partial ownership.
   
   
   

India : Fact Sheet

General Information
Population	846 million (1991 Census)
Area	3.3 million square kilometers
Geographical location	Lies between latitudes 8 ° 4' and 37 ° 6 ' north and longitudes 68 ° 7 ' and 97 ° 25' east
Coastline length	7,600 km
Languages	17 major languages, 844 dialects
Major religions	Hinduism, Islam, Christianity, Buddhism, Sikhism, Jainism
National anthem	Jan gana mana written by  Rabindranath Tagore
National emblem	Replica of the Lion Capital of Sarnath
National flag	Horizontal tricolor in equal proportion of deep saffron on the top, white in the middle and dark green at the bottom. In the center of the white band is a wheel in navy blue colour.
National animal	Tiger, Panthera tigris
National bird	Peacock
National flower	Lotus
National tree	Banyan
National fruit	Mango
National currency	Rupees (One Rupees=100 paise)
GDP	US$2.2 trillion
GDP per head	US$2200
Political structure
India	Sovereign, Socialist, Secular, Democratic Republic
The Indian Union	25 States and seven centrally administered Union Territories
Form of government	Parliamentary, based on universal adult franchise
Legislature	Parliament, consists of President and the two Houses, known as Rajya Sabha (Council of States) and Lok Sabha (House of the People )
Executive	Consists of President, Vice-President and Council of Ministers led by the Prime Minister
Judiciary	Independent of executive