Investor Presentaiton slide image

Investor Presentaiton

Transforming processes across business lifecycles Highlights4,3 New business density rate¹ Number of foreign companies registered³ 0.15 0.14 0.12 0.13 118 124 78 2017 2018 2019 2020 2019 2020 2021 • India ranked 46th in the Global Innovation Index 2021; and 68th in Global Competitiveness Index 2018-19 • Ranked 3rd in the Lower Middle-Income Economy Group A total of 320 foreign companies registered in the country during the last three years • In FY21, Maharashtra registered 23 foreign companies despite COVID-19, followed by Delhi (15) and Tamil Nadu (9). Increasing focus on deploying productive efficiency through simplification and digital tools² Transformation • Initiatives around Ease of Living and Ease of Doing Business • Simplification of compliances through self-certification and easy approvals • Transparency through digitisation • Online interfaces and decriminalisation of laws with minor offenses Cost of doing business • Regulatory compliance portal: To distill processes and costs • Cost of doing business: Initiatives to identify and resolve pain points • PM Gati Shakti Plan for better infrastructure and business connectivity Citizen centric approach • Revamp existing digital infrastructure by building a National Single Sign-On (SSO) for Citizens • Robust and effective grievance redressal mechanism • Break the silos between its departments to eliminate repetitive tasks 1. The World Bank dataset, accessed in June 2022 2. KPMG: Ease of doing business 2.0, February 2022 3. 320 foreign companies registered in India between 2018 and 2021, Ministry of corporate affairs 4. Global Innovation Index report, 2021 © 2022 KPMG Assurance and Consulting Services LLP, an Indian Limited Liability Partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Doing business in India 7
View entire presentation