{"id":454,"date":"2022-02-14T18:00:41","date_gmt":"2022-02-14T18:00:41","guid":{"rendered":"https:\/\/www.bbnc.in\/blog\/?p=454"},"modified":"2022-02-14T18:00:41","modified_gmt":"2022-02-14T18:00:41","slug":"why-you-should-start-a-software-company-in-india","status":"publish","type":"post","link":"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/","title":{"rendered":"Why You Should Start A Software Company In India"},"content":{"rendered":"<div id=\"pl-454\"  class=\"panel-layout\" ><div id=\"pg-454-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-454-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-454-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<p>If you\u2019re in a dilemma about whether or not to start a Software Company in India. Then here we\u2019re to help you. This blog would clear all your doubts with the reasons stated.<\/p>\n<ol>\n<li>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_74 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d3d4ab4872e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d3d4ab4872e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Automatic_Route_of_FDI\" >Automatic Route of FDI:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Easy_Govt_Policies\" >Easy Govt Policies:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Skilled_and_Cheap_Labour\" >Skilled and Cheap Labour:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Outsourcing\" >Outsourcing:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Proficiency_in_English\" >Proficiency in English:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Flexibility_and_Diversity\" >Flexibility and Diversity:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#24%C3%977_Support\" >24\u00d77 Support:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#No_Physical_Office\" >No Physical Office:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Dedicated_Workforce\" >Dedicated Workforce:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Cost_Reduction\" >Cost Reduction:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.bbnc.us\/blog\/setting-up\/why-you-should-start-a-software-company-in-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Automatic_Route_of_FDI\"><\/span>Automatic Route of FDI:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is one of the sectors where the government of India allows 100% FDI. Thus, making it easier for NRIs and foreigners to start a software company and Indian founders to receive investment from foreign investors.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Easy_Govt_Policies\"><\/span>Easy Govt Policies:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Since the Indian government is very supportive and has started a lot of schemes and policies to help startups and MSMEs grow such as:<\/p>\n<ul>\n<li><strong>High Risk -High Reward Research:<\/strong>High Risk and High Reward Research is a scheme supporting and inviting new proposals and ideas expected to have a paradigm shifting influence on the Science and Technology.<\/li>\n<p><\/p>\n<li><strong>Promoting Innovations in Individuals, Start-ups and MSMEs (PRISM):<\/strong> <a href=\"https:\/\/www.startupindia.gov.in\/content\/sih\/en\/government-schemes\/promoting-innovations-MSME.html\">PRISM<\/a> (Promoting Innovations in Individuals, Start-ups and MSMEs) scheme aims at to support individual innovators which will enable to achieve the agenda of inclusive development - one of the thrust areas of XIIth five year plan (2012-2017).\n<p>It would also provide support to institutions or Organisation set up as Autonomous Organisation under a specific statute or as a society registered under the Societies Registration Act, 1860 or Indian Trusts Act, 1882 leading to development of state-of-art new technology solutions aimed at helping MSME clusters.<\/li>\n<li><strong>Start-up India Funding Support:<\/strong>The Government of India formed a fund of INR 10,000 CR to increase capital availability as well as to catalyse private investments and thereby accelerate the growth of the Indian startup ecosystem. The Fund was set up as a Fund of Funds for Startups (FFS), approved by the Cabinet and established by the Department for Promotion of Industry and Internal Trade (DPIIT) in June 2016.\n<p><\/p>\n<p>FFS does not invest in startups directly but provides capital to SEBI-registered Alternate Investment Funds (AIFs), known as daughter funds, who in turn invest money in high-potential Indian startups. SIDBI has been given the mandate of managing the FFS through the selection of daughter funds and overseeing the disbursal of committed capital.<\/p>\n<p>The fund of funds makes downstream investments in venture capital and alternative investment funds that in turn <a href=\"https:\/\/www.bbnc.in\/services\/Start-Up-India-Registration.php\">invest in startups<\/a>. The fund has been formed in a way that creates a catalysing effect. Funding is provided to startups across different life cycles.<\/li>\n<\/ul>\n<p>hence anyone willing to start a software company can easily avail of loans and funds.<\/p>\n<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Skilled_and_Cheap_Labour\"><\/span>Skilled and Cheap Labour:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India has a vast pool of skilled human resources at cheaper rates as the IT hub of India (which is Bangalore) is 150% cheaper than the overall cost of living in California. Each year many students are being added to the workforce. It has even compelled big companies like Google to develop a new R&D (Research and Development) Centre in this country.<\/p>\n<p>Billion dollars companies like CISCO, Oracle, and HP have chosen India for outsourcing because of the ease in availability of talented resources. More time to focus on business<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Outsourcing\"><\/span>Outsourcing:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>when foreign software companies wish to outsource their work then India comes at first place. Outsourcing software development to Indian companies allows you to utilise time and resources to focus on your core business activities. These include sales, <a href=\"https:\/\/www.bbnc.in\/services\/Bookkeeping.php\">accounting<\/a>, marketing, etc. It will serve to streamline your business operations, improve efficiency and productivity.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Proficiency_in_English\"><\/span>Proficiency in English:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian developers are trained to communicate effectively over all mediums of interactions. Regardless of the geographical hurdles, top-quality developers of India always find themselves occupied with the bulk of work coming their way. It is also a fact that many companies choose an <a href=\"https:\/\/www.bbnc.in\/blog\/setting-up\/benefits-of-subsidiary-company-formation-vs-offshore-development-center-in-india\/\">offshore software development company<\/a> based on language compatibility.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Flexibility_and_Diversity\"><\/span>Flexibility and Diversity:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Indian developers are known for being flexible and giving multiple services as the majority of them include youth, making it easier to find a software company that specialises in:<\/p>\n<ul>\n<li>Mobile application development (Android and iOS)<\/li>\n<li>SaaS and web application development<\/li>\n<li>React Native development<\/li>\n<li>Laravel development<\/li>\n<li>Full Stack developer<\/li>\n<li>Blockchain consulting<\/li>\n<li>AI (Artificial Intelligence) and a lot more<\/li>\n<\/ul>\n<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"24%C3%977_Support\"><\/span>24\u00d77 Support:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can hire software development companies without any worries because they work day and night to complete your project. Even if there is a difference in time zones, the Indian developers are accustomed to working around the clock.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"No_Physical_Office\"><\/span>No Physical Office:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re a start-up and do not plan on starting the work from a physical office then you can start working virtual as it\u2019s not mandatory to own a physical office in India.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Dedicated_Workforce\"><\/span>Dedicated Workforce:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>If you\u2019re going to start a software company in India then be sure of a thing that the workforce would be dedicated towards their work. there would be no complaints received.<\/li>\n<li>\n<h2><span class=\"ez-toc-section\" id=\"Cost_Reduction\"><\/span>Cost Reduction:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>One of the main benefits to starting a software <a href=\"https:\/\/www.bbnc.in\/services\/private-limited-company.php\">company in India<\/a> is overall cost of development would be much less in India as compared to any other country hence resulting in cost reduction.<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>We hope you enjoyed reading this article on Why to start a software company in India. If you want to set up a company in India and need assistance with your incorporation, please feel free to contact us anytime at <a href=\"mailto:info@bbnc.in\">info@bbnc.in<\/a>. Thank you for reading, we are always happy to be able to provide useful information on topics like this!<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>If you\u2019re in a dilemma about whether or not to start a Software Company in India. Then here we\u2019re to help you. This blog would clear all your doubts with the reasons stated. Automatic Route of FDI: This is one of the sectors where the government of India allows 100% FDI. Thus, making it easier [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":461,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Why You Should Start A Software Company In India | BBNC<\/title>\n<meta name=\"description\" content=\"Are you wondering if you should start a software company in India or not? 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