Bussiness opportunities in India

1.Bussiness opportunities in Software Field

Their is wide scope of bussuness opportunities in Information & Technology and software field.The government also encourage this type of bussiness opportunities by providing space and subsidy for their development.
India is turning itself into a dominant force in global business outsourcing as far as software development is concerned. With nearly one billion inhabitants, India already lays claim to producing an impressive 30% of the worlds IT professionals and to generating more than 6 billion $ in software exports in 2002-2003. By the end of 2012-2013 it is nearing 100 billion $ mark. More so are the powers of business outsourcing.
Tapping Internet usage
The mobile population in India exceed the PC population, paving way to increase in the usage of software. The e-governance and business outsourcing in India will be given a boost. This will, in turn lead the people to have easier access to low cost internet access devices. The development of localized content will boost airtime usage as well as the revenues of mobile phones. Research and development in the areas of mobile commerce as well as embedded software will open rapidly growing new market segments in India.
Setting up your IT Company in India
The rules and regulations to be kept in mind while considering business outsourcing and setting up your IT software and Services Operations in India.
1. For General Indian Citizen / Company
No prior permission of the Govt. of India is required for setting up IT software and services in the country. An individual Indian citizen can set up IT software and services in India through the following ways.
As an individual / Proprietor.
As a partnership / firm / trust.
As a Company registered under Indian Companies Act 1956
New Schemes to support IT
Domestic Tariff Area
When the primary focus is to sell, in the Indian domestic market - these units can be set up anywhere in India.
All normal laws apply
No concession is available on import duties
Exports are permitted
Under the special scheme EPCG (Export Promotion Capital Goods Scheme) of the Ministry of Commerce, zero duty import of capital goods against export obligations is allowed:
Special Economic Zones (SEZs)
SEZs areas are free from the rules and regulations governing imports and exports in export production.
SEZ areas give full flexibility of operations and the import duty free capital good and raw material.
Movement of goods to and fro between ports and SEZ are unrestricted and the entire production in the area has to be exported.
The first two SEZs were set up in Positra in Gujarat, Nangumery in Tamil Nadu and in various other parts of India.
Export Processing Zones (EPZ)
Located in Cochin, Falta, Kandla, Chennai, Noida, Santa Cruz, Vishakhapatnam, and Surat.
Units in these zones has zero import duty, special 10 years income tax rebate and availability of space.
No restriction on quantity of domestic sales.
100 percent Export Oriented Unit (EOU)
EOU is similar to EPZ, in that it need not be physically located at EPZ.
Software Technology Parks of India (STPI)
Special scheme under the Ministry of Information Technology, located at Noida, Navi Mumbai, Pune, Gandhinagar, Hyderabad, Banglore, Chennai, Bhubaneshwar, Jaipur, Mohali, Trivandrum etc. Zero import duty on all capital goods. Availability of infrastructure facilities like high-speed data communication links etc.

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