India’s Growing Economy
India’s economy is ranked the seventh-largest in the world, according to nominal GDP standards, and the third-largest by purchasing power parity. Classified as a newly industrialized country, named one of the G-20 major economies, and enjoys a developing economy with an expected average growth of 7% over the past 20 years, India is a hot spot for potential business growth.
Out of the many Indian states, Maharashtra is the wealthiest and makes up approximately 12% of the GDP, with the second state of Tamil Nadu, and third state Uttar Pradesh following closely behind. Listed as the world’s fastest-growing major economy in 2014, India has outpaced even The People’s Republic of China in growth.
Part of the cause for India’s exponential growth is its young population and low-dependency. Investment rates are strong, as are savings and integration with the global economy. Experts estimate that India will become the world’s third-largest economy in the next 10 years, and become one of two of the largest economies in the next 100 years. In the short-term, it is excepted fair well, according to the IMF, with it becoming a hotbed for investment and new business development.
India’s service sector is one of the fastest-growing in the world, with a growth rate of 9% per year, contributing some 57% of the GDP. Exporting is another sector that is growing in India, with IT services, software services, and BPO services becoming a central hub for its economy. In fact, the IT sector is the largest private-sector employer in India. Coming up a close second is the agricultural sector, although it has declined slightly, and the country as whole ranks second in farm exports.
The country’s business development has made it extremely enticing for global businesses. Whether your company specializes in IT software, service, or farming, having a clear line of communication is essential.
Why Should You Invest in India Virtual Phone Numbers?
Now that you have a better understanding of the Indian market, economy, and growth, you may want to know how India virtual phone numbers can help you tap into this foreign economy. India virtual phone numbers are critical for companies who want to enjoy a presence in countries across the globe. One of greatest benefits of India virtual phone numbers is their cost-effectiveness. The best part of our India virtual phone numbers is that they are free to use for your customers. You can establish a local presence, with a local phone number, without having a physical presence in India. Indian prospects in turn are more likely to contact you and your business.
Each and every India virtual phone number we offer can be managed through our online control panel that allows you to configure the advanced features included with your number.
Once you establish yourself in India with our India virtual phone numbers, you’ll be able to market your business throughout the country easily. Because it is a newly industrialized country, there are countless opportunities for growth. Regardless of what your business specializes in, you’ll find India a powerful and welcoming marketplace.
Make sure your potential callers can easily contact your business by purchasing a virtual phone number.
How Our Virtual Phone Numbers Standout
At Global Call Forwarding, we provide exceptional customer service and cutting-edge service. Our service stands out with incredible features including local ringback tones, call recording, sequential forwarding, rollover minutes, customized greetings, voicemail, black and white lists and so much more. If you are looking for an easier way to get customers in India to contact your business, then consider India virtual phone numbers from us.
Expanding Your Global Presence via Virtual Phone Numbers
India is one of the fast-growing economies in the world, it simply makes sense to do business there. If you don’t have India phone numbers, you’re missing out. Expand your business, benefit from exceptional customer service, and provide your customers with the support they need, by investing in India virtual phone numbers from Global Call Forwarding.