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BUSINESS TODAY: Tax Connect Partner’s views on the surge in foreign companies registering in India to do business
” Due to the amendment in PPP-MII (Public Procurement-Preference to Make in India) Order 2017, to provide that items with minimum 20% domestic value addition/local content can participate in public procurement, we have received certain requests from foreign suppliers to set up their organisations in India and provide them business support, ” said Vivek Jalan, Partner, Tax Connect Advisory Services.
” Doing business in India was never easier and with its huge market, the foreign suppliers are also taking this as an opportunity to expand their business with a local presence, ” he added.
