An Indian Subsidiary is a company incorporated in India but is majority-owned by a foreign parent company. This structure allows the foreign company to establish a presence in India and conduct business under Indian regulations. The Indian Subsidiary operates as a separate legal entity, meaning it is subject to Indian tax laws and regulations while benefiting from the resources and expertise of the foreign parent company. This setup enables the parent company to expand its operations in the Indian market, take advantage of local opportunities, and manage risks effectively while maintaining control over the subsidiary’s activities.