INDUSTRIAL
Why Global Manufacturing Companies should explore the Indian Market
India is a rapidly growing economy with a large and growing middle class. This makes it a very attractive market for foreign companies that want to expand their businesses. India’s manufacturing sector is on track to become a global hub, with the potential to export USD 1 trillion worth of goods by 2030.India’s manufacturing sector is expected to reach USD 1 trillion by 2025.
– India’s manufacturing sector is expected to reach USD 1 trillion by 2025.
- – India’s manufacturing exports reached an all-time high of USD 447.46 billion in FY-23, surpassing previous year’s record of USD 422 billion.
- – India’s manufacturing sector market is expected to grow at a CAGR of more than 4% during the forecast period (2023-2028).
- – The Government is supporting the growth of the sector through initiatives such as the National Manufacturing Policy and the PLI scheme.
We help Foreign Companies to establish their business in Indian Market
Tecnova is a leading strategy and management consulting firm that helps foreign companies establish and expand their businesses in the Indian industrial and manufacturing sector. Tecnova has a deep understanding of the Indian market and regulatory environment, and it can provide valuable guidance and support to foreign companies throughout the entire process of entering the Indian market.
Establish your business in the Indian Industrial Sector
Market Research and Analysis
Tecnova conducts comprehensive market research and analysis to help clients understand the Indian consumer market, identify opportunities, and assess risks.
Go-to-Market Strategy Development
Tecnova develops customized go-to-market strategies for clients, taking into account their specific business goals, target market, and competitive landscape.
Business Setup and Advisory
Tecnova provides comprehensive business setup and advisory services to clients, including assistance with company registration, legal and regulatory compliance, and taxation.
Operations Support
Tecnova provides support to clients in setting up and managing their operations in India, including manufacturing, logistics, Supply chain management and Optimization.
Channel Management
Tecnova provides support to clients in managing their distribution and retail channels effectively
Partner Search and Selection
We help clients identify and select the right local partners, such as distributors, retailers, and suppliers.
Helping Global Companies establishing their presence in the Indian market
- Tecnova helped a European manufacturer of grinding media solutions to turn around its performance and get back on the growth path in India.
- Establishing a production facility for a leading Spanish elevator door manufacturer.
- Helping a leading American Industry Association to set up in India.
- Helping a leading producer of laser-guided and innovative construction machinery to establish itself in India and reach its niche customer segment.
- A leading producer of starch and derivatives wanted to identify the best mode to enter India.
Tecnova’s success in helping foreign companies establish business in India is a testament to their expertise in the Indian market and their commitment to providing their clients with the best possible service.
Join the 1.9K+ businesses growing with Tecnova