Noida is a planned city which was built in the 1970s to accommodate the strong population growth of Delhi. The city has more than 600.000 inhabitants. Noida is also known as the ”Greenest city” of India. The city is also very popular among international entrepreneurs, many have settled in this city. Because of the special economic zone, the suburban atmosphere and its proximity to Delhi, many other companies have opened their branch offices in Noida.
In the presentation Ms. Khair Ull Nissa – Executive Director, WTC Noida, Chandigarh, GIFT city, Noida CBD and by Mr. Amlan Bora – Trade & Investment Commissioner, NBSO at Ministerie van Economische Zaken & Klimaat gave a detailed description of promising sectors in combination with doing business in Noida, India.
The city is home for more than 2000 IT companies, 400+ Research and Development companies and 800+mobile and electronic companies, it is a real business hub! But there is more because the city offers a very broad infrastructure both physical and social and the opportunity to develop yourself with more than 40 engineering & management institutes and seven universities.
In the bigger cities of India, Shell and Philips have a big footprint and have been here for a lot of years. The Netherlands is the 4th biggest investor in India, in different big industries such as Service sector (financial and insurance companies), Software and Hardware, Research and Development and IT services, Chemicals and Automotive industry.
The Dutch community is not very big in Noida, even though there are a lot of opportunities for the Dutch companies. According to Mr. Bora there are other potential key sectors where Dutch companies can support and start their business in Noida. The Food and Agriculture, water management and logistics are one of these potentials.
The NBSO is an organization that supports Dutch entrepreneurs in doing business in Noida with the help of representatives, cooperation partners, market information and information about local laws and regulations.
The diversity in the Indian market is a big difference in comparison with The Netherlands. Also, the social part during doing business in Noida is important, be aware of the democracy and legal system, what is allowed and what is not?
Want to know more about doing business in Noida? Then take a look at the webinar or contact us.
World Trade Center Leeuwarden supports companies with international ambitions and helps to professionalize export and import by offering knowledge and opening new markets by connecting with potential business partners through its global network.
Short introduction by Mr Evert Jan Schouwstra, WTC Leeuwarden
Presenting Noida video
Presentation about Noida:
- Geographical location, how trade started, import and export and industries
- WTC Noida: What is our role in trade?
- Relationship between India and the Netherlands