What Indian Market Holds For You
India has one of the world’s youngest populations, with 47 percent of its population under 25. It directly translates to a workforce that will remain active and productive for a long time. When compared to other Asian countries, cost arbitrage still gives India a significant edge.
But it’s not only the availability , India’s massive young working population is much in demand, inside and outside the country due to their technical knowhow and efficiency. If done right, companies can leverage greatly from the consistent supply of skilled and semi-skilled workforce at a comparatively less cost. The availability of talent at a cheaper cost lowers production cost and increases competitiveness. This is a key driver of economic growth over the long term for any company.
India’s diversity pertaining to different cultures, geographies, religions, ethnicities and languages is reflected in every aspect of its being. So whether it is human capital management, setting up a physical office, taking franchise in India or company registration in India, finding a local partner with thorough understanding of Team onboarding , training and management is imperative.
Several foreign investments in India are underway, with a growing number of international companies establishing their facilities in the country aided by various government initiatives like Make in India and Digital India. But, for an international brand to set up offshore team or office in India could be a daunting task if they don’t know how to go about it. Which colleges/institutes to hire from, industry norms and standards for salary and perks, reference checks, rent agreements, best location for office/factory etc. are some examples of the many vital tasks that are best implemented by a local partner.
Fox&Angel, a business consulting firm helps you in setting up your dedicated team in India in the shortest timeframe. Our recruitment and Manpower consultancy services empower you with best resources and infrastructure to set up a bankable team in India.
Fox&Angel can help an international brand in setting up a team in India by providing support in the following ways:
Recruitment and Hiring: Fox&Angel can assist with recruiting and hiring the right talent for the company's Indian team. This includes creating job descriptions, sourcing candidates, conducting interviews, and making offers.
Talent Management: Fox&Angel can provide guidance on talent management best practices, such as performance management, compensation, and benefits, to ensure the company's Indian team is engaged, motivated, and productive.
HR Processes: Fox&Angel can help set up HR processes, such as payroll administration, employee benefits, and compliance with local labour laws.
Employee Onboarding: A consultancy can assist with the onboarding process for new employees, including providing information on local culture, customs, and practices.
Office Space: A consultancy can also help in finding and setting up the best office space for the company's Indian team, based on the company's specific needs and requirements.
Legal and Compliance: A consultancy can provide support in navigating local laws and regulations, including labour laws and company registration, to ensure the company is in compliance with all relevant regulations.
Culture Integration: A consultancy can help integrate the company's culture and values into its Indian team, fostering a positive and productive work environment
Having a strong and effective team in India is crucial for the success of an international brand's operations in the country. A strategy consultant can provide valuable support and expertise to help the company build and manage its Indian team effectively.