Peach S.A. is a Spanish telecommunications company looking to expand operations through foreign direct investment. India represents a potential opportunity due to its strong economic growth rates and improving business environment. While India faces some risks like natural disasters and uneven development, the document argues these risks are low and brownfield investment may be better than greenfield. Considering environmental, social and governance factors will also be important for any investment in India. Further analysis is needed to determine the best strategy for mitigating risks.