Ranjini Manian

Many Westerners have heard of India's caste system, but a thorough understanding of its ins and outs is still relatively uncommon. The following sections reveal the nitty-gritty of the caste system. What's the caste system? Broadly speaking, a caste system is a process of placing people in occupational groups.

Religion is a way of life in India, and religious business ceremonies are common occurrences. Everything a Hindu does is an act offered up to God, and emphasis is placed on the acts themselves, not rewards for the acts. So each new beginning is dedicated to the Gods to seek their blessings, and new beginnings associated with business in India are no exception.

India can lay claim to one of the world's oldest civilizations, and its economic history is truly long and complicated. India's beginnings and pre-colonial times The Indus Valley civilization, an urbanized society that thrived between 2800 BC and 1800 BC, was economically very sound. The city-states of Mohenjo, Daro, and Harappa were well-planned and apparently carried on a flourishing trade with other civilizations, such as the Mesopotamians, Sumerians, and Egyptians.

If you want to do business in India, it is important to recognize some essential economic laws in India. These include laws framed as early as 1872 (which are still applicable) as well as those framed just a few years ago. Broadly speaking, you need to be familiar with 20 essential economic laws, listed here in chronological order.

First impressions are important wherever you go, and business etiquette can change quickly as you move from country to country. The good news is that Indians welcome the opportunity to work with foreigners, making your adjustment much easier. Remember a few crucial points, and you can easily roll with the cultural punches and conduct your business smoothly.