Why Choose Chandigarh For Your Business Location?

 In 2016, the Ministry of Corporate Affairs recorded a whopping 38,967 new companies being set up in Chandigarh. This is an astounding feat considering Chandigarh only has a population of about 1.1 million people and it is not typically seen as a major economic hub in the country. It seems that more and more people have been choosing this city to set up their business because they find that there are plenty of incentives for doing so just like there are some important things you should know before moving there.

The government of India has put in a lot of effort to make Chandigarh one of the most attractive business hubs for both foreign and domestic investors. The city has been chosen to host the proposed headquarters for many big corporations and businesses that are interested in setting up shops in India.

One of the main things that attracted outside businesses to Chandigarh was that they were able to secure very short and speedy clearances and approvals from all kinds of government authorities. The central and state governments have made a point of reducing the bureaucratic delays in getting any kind of approval in order to improve the investment climate. This has been very effective and has made Chandigarh a very attractive place to do business.

Apart from this, there is also a pretty impressive network of highways and railway connections that make it easy for goods to be transported from Chandigarh to other parts of the country. The railway station in Chandigarh is India's second-largest after the one in Delhi. This makes it very easy for businesses to transport their products from one part of the country to another.

The government of India has also made a point of encouraging Chandigarh's businesses to generate a lot of employment for the city's residents. This is a great idea because it not only helps people get a source of income but it also creates an atmosphere that leads to the local economy doing well.

Companies that choose Chandigarh as their business location can also use many of the benefits available from being located there. There are a lot of incentives for businesses to encourage them to stay in the city. Many big companies have set up or expanded their operations in this city.

Living Conditions

The city's average annual temperature is 23 degrees Celsius and there is very little rainfall. This makes it ideal for doing business because the weather is very comfortable all year round. The city has a lot of greenery, there are many parks and public spaces that people can enjoy. There are also many malls and entertainment options like cinemas, restaurants, bars, and casinos. This makes it easy for people to enjoy their free time in addition to their work schedules.

There is also an increasing emphasis on the quality of education in Chandigarh's schools and colleges. This is great for young parents because they will be able to find educated and capable staff working in some of the city's businesses.

Many multinational companies, both Indian and foreign, have opened offices in Chandigarh. This has ensured that there are plenty of jobs for people that are interested in doing business here.

Advantages For Businesses

There are many advantages to doing business in Chandigarh because it is a business-friendly city. One of the most important things to know is that getting any kind of approval or authorization in this city is very likely to be hassle-free.

The state has even created a special department for ensuring that businesses are able to receive clearances quickly which incentivizes companies to do business in the city. The government has also implemented policies that are designed to promote foreign investment, smart cities, and the development of infrastructure in Chandigarh. This means that the state is investing a lot of resources into making this city better for businesses.

The city has excellent road and rail connections and in the past decade, it has gone from strength to strength. The railway station is in the top 20 in Asia and the airport is India's third-busiest. This means that it is very easy for companies to move their goods around the country or send them overseas with ease.

Another great thing about Chandigarh is that there are many businesses offering business support like accountants, lawyers, tax advisors, real estate agents, SEO consultants, and so on. There are plenty of other benefits for doing business in Chandigarh and you can read about them in these articles.

Why Should You Move Your Business To Chandigarh?

Because of the infrastructure that has been put in place for businesses to operate, there are incredible opportunities in this city. There are many benefits to doing business here in terms of convenience, security, and facilities. High-quality education is also available for young parents so they can find capable employees working at companies here.

The government of India has also put in a lot of effort to make it easy for businesses to do business here.