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Advantages of Joint Venture in India

 
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PostPosted: Wed 13:15, 24 Apr 2013    Post subject: Advantages of Joint Venture in India

A Joint venture company is one of the most preferred form of entry model for foreign companies for doing business in India. A joint venture may entail the following advantages for a foreign investor:

Accessible financial resource of the Indian partners.
Established contacts of the Indian partners which help in smoothening the process of setting up of operations.
Established distribution/ marketing set up of the Indian partner.
Procedure for setting up a Joint Venture

The broad steps involved in setting up a joint venture company in India are outlined as under:

Locate an Indian partner

Venture Agreement setting out the rights and responsibilities of the Parties Form a Joint.

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