India has emerged as the 5th largest economy in the period of the last ten years. The country offers several business and investment opportunities. If you as a business come from any Western or European country, India is a profitable market to invest in. Also, to ensure successful entry and expansion in India, you will need help from a reliable translation partner. Eliminating the linguistic and cultural barriers will help in smooth entry and prove beneficial in the long run.
In this blog, we will share 4 options where you can invest for a good ROI in India. Selecting India to expand your business with the help of a Hindi translation company can be a great choice if you consider any of these four options:
Farming, crops, and fields – Green Revolution
The green revolution was initiated back in 1960, and there has been no looking back since then. The main agenda to take this initiative was to make a significant increase in food grain and its production. According to it, the farmers are encouraged to develop the high-yielding variants and varieties of pulses, wheat, and other important and basic crops. Later, there were more technological reforms. Mr. M.S. Swaminathan was the leader of this green revolution. The introduction of HYV (High Yielding Variety) brought good for many. Thus, the agriculture industry significantly contributes to national GDP and it offers great potential for foreign investors and businesses. They can introduce modern equipment and incorporate the process with the latest technology for better work and growth in this business. However, seeking Hindi translation is a must to involve and engage the local people in the best possible way.
Space missions – Progress in space
It was the first time in 1963 that India launched its rocket into space. This program was the beginning of the country’s entry into space and other remarkable achievements. They also opted for the Mars orbiter mission, later known as Mangalayaan locally. This program made India proud because it emerged to be the only nation to reach Mars during their first attempt and turned out to be a significant milestone. Moreover, it was in 1984 that India collaborated with the Soviet Union and sent their first astronaut, Rakeshh Sharma, into space for a joint mission. They also took the prime news slot with the success of their Chandarayen mission in the previous year i.e., August 2023. So if you are a space enthusiast or deal with similar businesses, and products that are related to the field, India is certainly the place to expand your business. Nonetheless, make sure you are ready to navigate the language challenges with the help of a professional language vendor.
Technology- Technological advancements
When it comes to technology, India has been doing incredibly well, staying true to its Incredible India title. It has become a technological hub. The surveys and reports suggest that India is home to the 5 best information technology companies out of the 20 best global companies. India has also been making tremendous contributions to Silicon Valley. These companies have made resources, healthcare services, and education more accessible, also mitigating the risk of poverty and making lifestyles more advanced. Speaking about IT and technology, it is also important to mention that Sundar Pichai, CEO of Google, is an Indian. As we all understand, the future belongs to technology. So, if you as a company want to bring your IT business to a great potential buyer of all times, i.e., India, this place is very much favorable for you, and you can surely win over by contacting a professional Hindi translation company.
Entertainment industry – Bollywood
Professional translation services can also help to set up an entertainment business. Bollywood India’s cinema is one of the world’s largest cinema industries. With over 100 years of cinematic experience, it is a billion-dollar industry. They produce up to 1800 movies annually. Moreover, up to 2 million people in India win their bread and butter directly or indirectly from Bollywood. It also holds the privilege of contributing to 27% of the total Indian entertainment industry. Additionally, it is important to mention that Indian movies get translated and dubbed into more than 15 languages all over the globe. So, if you are an artist, producer, or own a production company and would like to collaborate with the Indian producers, you are surely going to get a good welcome in the country. Make sure that you are equipped with all the relevant tools to pave the way to clear and transparent communication.
Conclusion
India is one of the largest countries in the world with the largest population. There are 22 scheduled languages in the country, and Hindi is an official language. India has been slowly and gradually making its place in the world’s top economies. If you are a business based in the US or Europe, you can surely make your way to India with the help of a professional translation solution. Four of the unconventional businesses that you can be a part of or invest in include farming, getting into space complexities, collaborating for technological advancements, and entertainment business.
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