20 April 2024 — Ritesh Agarwal, CEO of OYO Rooms, highlights India’s favorable business climate, emphasizing the ideal time for global companies to enter the market due to friendly government policies.
Agarwal notes the increasing interest of global brands in India, attributing it to the country’s evolution from a back office to a talent hub on the global stage.
Agarwal encourages global brands, startups, and businesses to consider India, pointing out the significant opportunities available in the country’s dynamic business landscape.
Amidst India’s business growth, OYO Rooms, a leading hospitality and travel-tech company, achieved profitability with notable profits in the third quarter of the last fiscal year, showcasing the potential for success in India’s market.
Conclusion:
Ritesh Agarwal’s insights highlight India’s appeal as a lucrative market for global businesses, with favorable conditions and substantial growth prospects across various sectors, including hospitality and technology.
Source: Link