DOING BUSINESS IN INDIA -PART 1

Today’s report is a much comprehensive look at doing business in India and talks about business regulations and their enforcement across India. It also gives an overview of how India compares to other countries in “doing business” parameters.

The report also analyzes economic outcomes and  identify what re- 
forms have worked, where, and why.

Doing Business in India – 2009

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• Where is it easiest to do Business in India?

Now, there is difference between “doing business” and “starting business”, where the latter is just a subset of the former. The above ranking includes all the factors from starting a company to probably closing it down.

If you see the ranking, Ludhiana takes the cake when it comes to ease of doing business, followed by Hyderabad, Bhubaneswar, Gurgaon and Ahmedabad.

One would imagine that places like Mumbai and Bangalore would rank highly here, but they are placed at lowly 10th and 13th respectively.

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• In which cities are the most reforms happening ?

Although, India is ranked quite lowly compared to other countries, there are quite a few local level reforms happening to ensure that the process of doing business gets easier.

Incidentally, Trade  is  the  area  where  India  has reformed  the most.  India  was  the  top reformer  on  the  trading  across  borders indicator  in  World Bank report Doing  Business  2008 and continued  reforming  in  Doing  Business 2009.

Gujarat (a.k.a – Narendra Modi) has come to limelight in last few years for making the state more business friendly and the chart above is the testament to that fact.

Ahmedabad Ranked at the top with heavy reforms in all categories of starting a Business, registering a property and dealing with Construction permits. Bangalore, Bhubaneswar, Chennai & Gurgaon wrap up the top 5 spots.