India has emerged as one of the world's top ten countries in industrial production. The Index of Industrial Production (IIP) quick estimates data for April 2010 shows a growth of 19.4 % in the manufacturing sector as compared to April 2009. The cumulative industrial growth during April-March 2009-10 over the corresponding period of 2008-09 is 10.9 %.

Huge English speaking work force (second only to the US), lower labor costs, cheaper raw materials, established stringent quality norms / systems across the sectors. Add to that more working days in the year (as compared to western and European countries) resulting in definite cost reduction of over 25% in domestic manufacturing.

The key attractive areas for investment are in the industrial sector besides manufacturing are R & D, Engineering Design, Prototyping, Service, Training, Specialty Testing etc.,

CO Globe Service Offering?

CO Globe has successfully assisted numerous clients to set-up or expand their operations in the fast growing India Industrial / B2B sector. From business opportunity identification to full fledged India entry.

CO Globe offers following consulting services to Industrial and B2B clients:

  • Formation of India legal entity – 100% subsidiary, Liaison office or Branch office.
  • Understanding and Analyzing India market potential and help in formulating India entry strategy and developing business plans / financial plans.
  • Obtaining Statutory Approvals for commencement of business – State / Central Government approvals and management of regulatory compliances.
  • Marketing and Sales Support to Sales teams – marketing and promotional activities, Organizing meetings with potential customers, pre-qualifying sales leads. Arranging and organizing Road shows, Seminars and Focussed Group Discussions.
  • Incubation support - Advise to avoid pitfalls / mistakes for start up operations, administrative and legal support.
  • Selection of location or location analysis followed by site selection and finalization – for Office, Warehouse, R &D centre, Design centre, Manufacturing / Assembly, Service centre etc.
  • Identification of PR agencies - implementation of PR exercise, arranging press briefings, Press conferences, Press interactions, Media Campaigns.
  • HR Support including recruitment – designing of organization structure, Benchmarking compensation, Executive search of key positions, development of HR Manuals and Rule book for Indian employees.
  • Designing and developing distribution network - Short-listing, Selecting, Due diligence, finalization of distributor agreements and commercial terms.
  • Assistance in cost effective sourcing - Identification & selection of Vendors & suppliers for contract Manufacturing, vendor audit, finalization of sourcing agreements and commercial terms.

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