The world's largest democracy defies any simple description. The economy of India continues to develop and many multinational companies have opened offices in the country to attempt to take advantage of a strong growth rate and the opportunities provided by the enormous overall population and expanding middle classes.
Local professional accounting bodies
CPA Australia has a mutual recognition agreement (MRA) with the Institute of Chartered Accountants India (ICAI) to establish guidelines on how qualified members can gain reciprocal membership. CPA Australia members who qualify for membership of ICAI will have rights to use the CA designation in India. ICAI members who qualify for membership of CPA Australia will have rights to use the CPA designation.
Employment opportunities
Graduates who major in finance, accounting or business can find work in multinational companies, which typically advertise employment on their websites.
Working conditions and lifestyle
According to an international survey conducted by HSBC in 2008, expats based in Hong Kong and India earn some of the highest salaries in the world. Living costs can be low, but extra expenses — such as a driver — will need to be factored in to considerations.
Work permits
Skilled migrants are welcome in India under several programs. See the Bureau of Immigration, India website for more details.