CNN follows the story of how two companies set up business in India, and the challenges they faced.
Anibrain DigitalHarith and his brother Pranod even had trouble registering the name of their company, CMOaxis.
"We called the company CMOaxis, which stands for Chief Marketing Officer, but for a long time couldn't get the name approved by the registrar of companies here, because they said CMO means Chief Minister's Office. So we had a really tough time, just convincing people."
Source: Start me up: Setting up business in India - CNN.com"If you are going to do business in India, there is a lot of red tape and corruption. You have to learn to deal with, but it is very frustrating. If you're caught up in some regulation and the laws are kind of ambiguous and there's no right or wrong the authorities can give you a lot of trouble," he said.
If you can't deal with it, then you're doing business in the wrong country. It is stupid, but part and parcel of being in India."