India
Foremark India · Priority Corridor I
🇮🇳
The world's fastest
growing major economy.
Complex regulatory environment. Extraordinary returns for companies that enter with the right structure, the right incentives, and the right in-market relationships from day one.
$3.7T
GDP · World's 5th largest economy
Fastest growing G20
7%+
Annual GDP growth rate
1.4B
Consumer market · 500M middle class
$83B
FDI inflows · FY2024
Record year
Why India
The opportunity is
structural.
India is not simply a large market — it is a market in structural transformation. The combination of demographic dividend, manufacturing push policy, and digital infrastructure makes it the most consequential entry decision a company can make in the next decade.
Most companies that fail in India fail not because of their product or their pricing — they fail because their legal structure was wrong, their tax architecture was unoptimised, or they never built the government relationships that open actual doors.
Read our India market guide →$26T
Projected GDP by 2047
India's economy is on course to become the world's third largest by 2030 and surpass $26 trillion by its centenary of independence.
300M+
New middle-class consumers by 2030
The largest addition to the global consuming class in any single country — concentrated in Tier 1 and Tier 2 cities where Foremark has institutional presence.
PLI
Production-Linked Incentive Schemes
India's PLI schemes offer manufacturing companies direct production subsidies across 14 sectors — most foreign companies never access them correctly.
Digital
World's most advanced payments stack
UPI processes more transactions monthly than Visa and Mastercard combined globally. The digital infrastructure gives companies scale from day one.
SEZ
Special Economic Zones
240+ SEZs offering export incentives, tax holidays, and single-window clearance for eligible sectors. Foremark maps every qualifying scheme to your business model.
#1
Global talent pool · Engineering & Tech
The world's largest pool of English-speaking engineering talent — at a cost structure that no other market can match for global product and technology companies.
Priority Sectors
Where Foremark
has deepest presence.
Foremark's India team holds active relationships with DPIIT, Invest India, and state investment boards across six priority sectors. These are not generic advisors — they are corridor specialists with sector-specific depth.
🏭
Advanced Manufacturing
PLI scheme advisory across electronics, auto components, pharmaceuticals, and specialty chemicals. SEZ + state incentive stacking.
PLI eligible💻
Technology & SaaS
GCC (Global Capability Centre) setup, EOR services for tech teams, R&D tax deduction advisory, and STPI registration.
GCC structure🏥
Pharma & Life Sciences
CDSCO licensing, API manufacturing PLI, MedTech SEZ access, and FEMA-compliant royalty repatriation structures.
PLI eligible⚡
Clean Energy
PM Surya Ghar, KUSUM, and offshore wind advisory. State renewable procurement structuring and ISTS waiver applications.
Green incentives🏦
BFSI & Fintech
RBI licensing, NBFC structuring, payment aggregator registration, and GIFT City IFSC advisory for financial services companies.
RBI licensed🛒
Consumer & Retail
FDI compliance in multi-brand retail, e-commerce marketplace structuring, FSSAI licensing, and franchise agreement structuring.
FDI compliant🎓
EdTech & Education
National Education Policy advisory, university collaboration structuring, and compliant edtech entity setup under DPIIT startup recognition.
NEP 2020🏗️
Infrastructure & Real Estate
NRI/FPI investment structuring, REIT advisory, smart city project tendering, and FEMA-compliant fund repatriation architecture.
FEMA compliantGovernment Incentives
Most companies leave
millions unclaimed.
India's incentive landscape is the most complex and most rewarding of any emerging market. Foremark maps every scheme available to your sector, state, and structure — then manages the applications.
National · All sectors
Production-Linked Incentive (PLI)
Direct production-linked subsidies for eligible manufacturers. Foremark identifies qualifying thresholds and manages the DPIIT application process end-to-end.
4–20%
of incremental sales, 5 years
National · Export-oriented
SEZ & STPI Scheme
Special Economic Zone and Software Technology Park status delivers tax holidays, duty-free import, and single-window clearance for qualifying companies.
100%
income tax exemption, first 10 years
State-level · Variable
State Industrial Policy
Every major Indian state runs its own incentive programme — capital subsidies, stamp duty waivers, electricity tariff concessions. Foremark advises on the optimal state for your sector.
Up to 30%
capital subsidy, selected states
R&D · Tech sectors
R&D Tax Deduction
Section 35 of the Income Tax Act allows 100–150% weighted deduction on qualifying in-house R&D expenditure — a critical incentive for technology and pharma companies.
150%
deduction on qualifying R&D spend
Startup · DPIIT recognised
Startup India & DPIIT Recognition
DPIIT-recognised startups access 3-year tax holidays, exemption from angel tax, and expedited patent examination at 80% fee reduction.
3 Year
tax holiday + angel tax exemption
Financial · IFSC
GIFT City IFSC
India's international financial services centre offers 10-year tax exemptions on income from IFSC operations — optimal for fund management, insurance, and fintech.
10 Year
tax exemption, IFSC operations
Legal & Tax Structure
The right structure
from the start.
International tax structured incorrectly at entry costs far more to unwind than it costs to get right from day one. Foremark's India legal and tax team designs your structure before you commit a single dollar.
01
Wholly-Owned Subsidiary (WOS)
The most common structure for foreign companies entering India. 100% ownership permitted in most sectors. Foremark handles ROC incorporation, PAN, GST, and FEMA compliance.
02
Liaison & Branch Office
RBI approval-based structures for companies wanting a presence without full incorporation commitment. Foremark manages the RBI application and ongoing compliance.
03
Joint Venture Structure
Where sector FDI caps apply (insurance, defence, media), a JV with a qualified Indian partner is required. Foremark identifies, negotiates, and structures the JV.
04
FEMA & Transfer Pricing
India's FEMA regulations and APA-linked transfer pricing rules are among the most complex in the world. Foremark's tax team designs a policy that survives scrutiny.
05
Banking & Treasury Setup
Opening a corporate bank account in India requires coordinated engagement with the chosen bank, the RBI, and your entity registrar. Foremark manages this in parallel.
Foremark India — Starter Report
Get a Go/No-Go report before you commit
A proprietary market intelligence report specific to your sector, your city, and your structure — delivered in 6 weeks.
Sector sizing & competitive landscape
Government incentive mapping (PLI, SEZ, State)
City & location recommendation
Regulatory risk assessment
Formal Go/No-Go recommendation
60-min board presentation call
The 90-Day Process
From first call to
operational entity.
What typically takes 18 months through fragmented advisors takes 8–12 weeks with Foremark India. One team. One timeline. One outcome.
01
Week 1–2
Discovery Call
90 minutes. Your sector, city, timeline, and ambitions. No generic advice — everything specific to you.
02
Week 2–6
Intelligence Report
Proprietary Go/No-Go report. Incentive landscape. Competitive mapping. Formal recommendation.
03
Week 6–10
Legal Structure
Entity design. ROC registration. PAN, GST, FEMA filings. Banking in parallel.
04
Week 10–14
Incentive Applications
PLI, SEZ, state scheme applications managed end-to-end. Government relationship activation.
05
Month 3–6
Operations & Talent
Country Head search. EOR services. Office setup. First in-market leadership appointment.
Institutional Relationships
The relationships that
open doors.
🏛️
Government of India
Invest India
National Investment Promotion & Facilitation Agency
📋
Ministry of Commerce
DPIIT
Dept. for Promotion of Industry & Internal Trade
🏦
Central Bank
Reserve Bank of India
Regulatory authority for FEMA, banking & FDI approvals
Begin your India entry
Your mark in
India.
The companies entering India in the next 24 months will define their competitive position in the world's most consequential growth market for a decade. Foremark ensures they enter correctly.
Ready to move on India?
A senior Foremark India advisor responds within 24 hours. The discovery call is 90 minutes and costs nothing.