Each student will select a country to follow throughout the course. You will prepare a written report about the selected country’s political, economic, legal, culture, social structure, and religious...

The complete analysis of ‘India’
Name:
Introduction
The selected country for the research is ‘India’, and as the paper progress, you will find a lot of inputs on the country relating to all the aspects of the country which helps in understanding how the country is structured to set up a business. As mentioned by Sindhu & Agarwal in their paper ‘Factors driving ecopreneurs in India-an exploration, India is a vastly diversified country with more than 1.3 billion people living in the country and this gives the country one of the biggest advantages of all time which we call it as volume, though price effects any business more than anything but a high volume at a low price can get you the same revenue which you were expecting with a high price. Also, the other benefit of this high volume is that the economies of scale which is important for any business comes into the picture which helps in reducing the price of the products, and once the price of the products goes down at the production level the profitability automatically increases.
Also, like any business paper, entrepreneur, who enters the country the major reason behind the same is the growth which the country is witnessing. India is one country which is growing at a rapid pace in the whole of Asian countries, all thanks to the new revenue streams which are bringing in lots of new local and foreign brands to the country. The country is one of the major trade centres both in terms of imports and exports because of the consumption level which the country has. The best part about the country is that it is culturally and morally rich which makes the country more viable to enter for business purposes because when a country is culturally rich it is assumed that the country has a strong foundation and provides the same foundation to the companies established in the country.
India is a developing nation (Rana 2022), which is also an advantage for them to attract brands from other countries and also brands in the home country because in a developing country the new demand increases every day which is a new business for companies. Also, it is a developing nation but the technology force it has is just too good, and no technology here does not mean the software, but the human being who makes the software and other things. The country is rich in people who can create advanced technology and take any company or product forward.
It is the people in the country (Gupta 2022) who are working in advanced nations such as the United States of America, Germany and other countries to help them with their technologies and take them forward but even after that, the country has an arsenal of human resources which can take them forward at a faster pace.
The country is so advanced that till 2017 it was using an international made payment system when the country launched its own it was industry disrupting and now all the countries are trying to develop the same thing or trying to buy the same technology to be used in their country too. This was industry disrupting because now the money transfer which was free earlier as well (subsidized by the government) costs way less than what it used and that is why it can be offered for free. (Rana 2022)
The country is rich in agriculture which supports it with everything and is the highest producer of many commodities in the agriculture industry. (Yaqoob 2022)
Discussion
The discussion below presents a comprehensive analysis of the country’s various factors which might impact the businesses in the country and also the country which is trying to enter the country to set up.
Political
Political stability is one of the biggest factors which contributes to business success, this is because it is the political factors only...