I want to start a business in India…Posted: June 25, 2004
…but is the economy and the system conducive yet?
Quotes from an article on the BBC.
In Singapore, if you wish to set up a new business, the time it will take you to get all the clearances and get started is 8 days.
In Hong Kong it would take 11 days.
In India it takes 88 days.
Purely in terms of time, let alone the costs of clearing the legal and bureaucratic hurdles and the pressure on the heart, it cannot be easy starting a private business in India.