During the last two decades India has made significant strides in its economic growth and development. According to the assessment of potential by the comparative environmental frameworks the strengths are summarized as follows: (1) being a democratic country (2) having plentiful resources (3) enjoying consecutive high economic growth (4) having increased purchasing power and (5) having the world class of software industries. Weaknesses are as follows: (1) unbalanced income distribution (2) undeveloped infrastructures and (3) having intricate process of custom. Opportunities are as follows: (1) huge market (2) good market of infrastructure businesses (3) more contemporary society and (4) the existing Thai–India FTA. Threats are as follows: (1) having trade barriers (2) undeveloped transportation and (3) having imitation of goods. Therefore Thai entrepreneurs should get themselves well-prepared. The followings are examples of what potential investors should consider researching: India’s market study the regulation study of business and etc. The government and private sectors should help equip the entrepreneurs with whatever necessary to make them well-prepared. After all the role of the government and private sectors is indispensable to their success.

Economic integration has been increasing over the decades. There are two types of economic integration which are defined by 1) locations such as regional trade agreement and sub-regional economic zone; and 2) cooperation levels such as preferential trade arrangements free trade area closer economic partnership custom union common market economic union and political union. Economic integration affects to member countries mainly through two different points. The static effects which affect to production efficiency and consumer welfare are trade creation trade diversion chance of employment and effect of free movement of factors. The dynamic effects which affect to economic growth are internal economy external economy and high competition of market.