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 1984 |
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TECNOVA India started operations in New Delhi as an affiliate of TECNOVA SA, France, at a time when business consultancy was little known in India. Also, many large Indian companies were gearing up to compete globally through their search for innovative technology and know-how. The establishment of TECNOVA seemed befitting at that time. |
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For the next 7 years or so, TECNOVA organized a large number of technology transfers from a large number of foreign companies into India. TECNOVA’s services involved identification of technology, definition of distinct technology and know how packages, drafting of agreements, obtaining government approvals and implementation. The main sectors covered were metallurgy, healthcare & textiles. |
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| 1987 |
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TECNOVA SA decided to close operations. TECNOVA INDIA bought out the name of TECNOVA SA and worldwide rights. |
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| 1991 |
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This year marked a turning point as the government introduced its new industrial policy that would guide India to a market economy. Industrial sectors were progressively deregulated and the vast market was opened to foreign investors. |
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TECNOVA’s role in this new scenario was quite clear: to integrate foreign companies in this emerging market. The main focus of the company was shifted to provide strategic advice to foreign companies looking to enter the Indian market and recommend ideal structure, with due consideration of the regulatory environment. |
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| 1991-to date |
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With a focus on Europe and USA, TECNOVA obtained mandates from mid to large size companies (including some Fortune 1000 companies) ranging from market exploratory studies, strategy formulation, implementation and post entry advisory services. |
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| 2000 |
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TECNOVA started helping customers in areas of Information Technology, primarily to help them leverage the “India Cost Advantage”. We provided solutions and services to our customers in Enterprise Applications - ERP, CRM areas, Employee services portals (B2E), Government to Citizen (G2C) services portals, and Application Integration services. |
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| 2001 |
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A new division was started with a focus on offering Business Process Outsourcing services from India. Our services included product database creation and management, E-Cataloging, transaction processing, telephonic customer surveys….. amongst others. |
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| 2006 |
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TECNOVA’s IT & BPO division breaks away and becomes a separate company. |
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| Today |
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TECNOVA, in its 22 years of growth has successfully implemented assignments for over 175 clients to help them explore business opportunities in India and set up operations successfully. |
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In the market exploratory phase, our in-depth research aimed at evaluating our client’s business potential in India, is carried out in-house to ensure complete confidentiality. |
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For new entrants to the Indian market, TECNOVA provides customized solutions to reduce entry risk and compress gestation time for break even and profitability. |
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For already existing Indian operations of foreign companies, we provide advisory and transaction services to increase profitability and improve performance. |
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