As India is all set to become the new industrial centre of the world, vast amounts of changes are happening all around it. The global economic downturn has taken a heavy toll on the working status of millions people worldwide, but for Indians living abroad thus far, this seems to be the ideal time to pay a visit back to the homeland. India as it is known has been consistently on the rise, with an ever increasing GDP, and the prospect of larger investments that are awaiting finalization.
Employment seems to be faring better than in other places around the world. NRIs are starting to realize their present hometown may not offer them the lucrative prosperity that it once promised. This has become a driving force that has drawn the NRI back to India. The entrepreneurship opportunities in India have broadened so much that it needs the best minds to tackle the present situation.
Successful global projects are a plenty and these are most successful in one of the many business core areas of India like Mumbai, Delhi etc. These opportunities only lure foreign investors who have seen the success of some of their competitors and want to grab a slice of the Indian market. The funding is there in India and the prospects of some truly large projects have begun surfacing even in second tier cities.
Down south in India, there are some phenomenal engineering opportunities available and the need for a truly global entrepreneur cannot be stressed enough in these situations. Companies like Larsen and Toubro etc have invested a lot of money into developing state of the art R&D facilities that will cater not only to the local market but also to the ones abroad. General Motors is also keen on centralizing its Research and development ventures in Bangalore, in the southern part of India which will mean that the scope of employment in the core areas of Engineering will be a lot more here than ever before.
There are a huge horde of software companies from the United States and European nations that have invested heavily in India to provide solutions to many of their global operations. Such ventures do have a fair share of risks that the company must overcome if it has to be successful in a country like India. The market is so unpredictable at times that the product that a company launches must satisfy every criteria of a discerning buyer else it will become a failure no matter how successful it has been worldwide.
Entrepreneurs required in India must be accustomed to every sort of situation and this is where the experience and knowledge from Indians abroad comes to the forefront. As Indians abroad one will not only have the theoretical knowledge of the west but also possess the Indian mindset and cultural values that will truly be an unstoppable force capable of overwhelming the competition in the homeland. Thus entrepreneurship opportunities are abound in India provided one is set to tackle some of the challenges and risks that are posed by it.
By: Harpreet H Singh
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Posted under small business
This post was written by admin on June 29, 2009



In fact, the 90/10 Rule tells us that during small business startups, 90% of your time should be spent on direct marketing activities and only 10% on building technical skills. The type of small business startup activities to spend 90% of your time on include: prospecting lead generation going out on sales calls preparing proposals
Target marketing is a focused effort and you need to put together a program to help you do this within your organization. It isn’t hard, just takes a little time investment to put it together. Create a focus group within your team. Hold weekly conference calls to strategize and exchange ideas. Take those ideas and put together a marketing program such as phone scripts, ways to find the professionals you are looking to target, brochure(s), CD, power point presentation, custom web pages, etc. Whatever your strategy, you will need to contact prospects and ask them to review your information. You need to have your information in a form that is easy to get to them and enticing enough for them to be willing to take a few minutes of their time and review it.

