FACTORY SETUP
Handholding Global Companies in establishing Manufacturing Plants in India
Tecnova has been instrumental in providing services to more than 70 clients for setting up their manufacturing plant set-up in India. It may become a tough task for companies to set up their operations in the country unless they have a partner with an ample amount of on-ground experience. Tecnova provides end-to-end solutions for business start-ups – right from forming an Indian entity, location identification, drafting a business plan, vendor selection and recruitment to project management.
We completely understand and comprehend the fact that any hurdle in the process could have higher ramifications, including bearing losses and losing a competitive edge. Given a strong understanding of regulations, tariffs, taxation policies and a robust network with government bodies (both Central and State), we ensure a seamless implementation plan for the clients.
Site Selection
Identifying and evaluating potential factory locations, taking into account factors such as transportation infrastructure, access to skilled and unskilled labor and zoning laws.
Facility Design
Developing a layout for the factory that optimizes efficiency and productivity.
Equipment Procurement
Sourcing and purchasing the necessary machinery and equipment.
Installation And Commissioning
Installing and Testing the equipment to ensure that it is operating properly.
Hiring And Training
Recruiting and Training the necessary staff.
Compliance
Ensuring that the Plant meets all applicable Regulatory Compliances.
Key Objectives
- Right location and site
- Project Cost Control
- Project Timeline Control
- Fully compliant with all regulations
- Efficient Resource (Capital and human) and Vendor Management
- Efficient Project Management
- Efficient Cash Flow and Fund Management
- Project Safety requirements
- Project Quality requirements
Tecnova's Value Addition through Manufacturing Setup service
End-to-End Project Management with a focus on cost and time control
Cut the project gestation time by 25-30%
Reduce Client Resources deployment time by 50-60%
One-Stop solution for different vendor deployment
One-Stop Vendor Management
Unbiased Identification and Evaluation of vendors
Effective and Efficient Decision making to overcome any hurdles
Seamless Communication
We function as a proactive and strategic partner to clients
- Tecnova through its funnel down approach provides the premium locations to the clients for manufacturing setup.
- With in-house capabilities, Tecnova obtains all the approvals related to the project's pre and post construction stages.
- Tecnova works as an authoritative representative of the client throughout the project which enables control of all the vendors involved in the project resulting in less involvement of the owner on a day-to-day basis.
- Preparing and managing Monthly Cash flow of Funds which provides a clear understanding of what amount is required for payouts and how the rest of the funds can be used for some better use.
- International and Inland arrangements for logistics.
- Tecnova through its pre-qualification round for each package provides/suggests the most suitable vendors for the project followed by a Techno-commercial comparison for fare pricing of the project package.
- Tecnova through its site representative works as a single point of contact for all the vendors.
- Tecnova tracks all the Regulatory Compliance with all the reports related to the same to be submitted within the required timelines.
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