Success Story

Voestalpine: BIS product registration in India – from consulting to registration

voestalpine Success STory - Maier Vidorno Altios
voestalpine Success STory - Maier Vidorno Altios

Linz, Austria

Headquarter

$700 Million

Turnover

Steel-based technology and capital goods group

Sector

Complex technical documentation

Challenge

Key Points

Comprehensive consultation and support

Collaboration with Altios is based on transparency and is continuously evolving. Thatʼs what makes all the difference when it comes to addressing potential roadblocks, issues, and even opportunities. Altios helps us do what we do even better.

Guido Masieri

Chief Operating Officer, Finantix

  • Some of the company products require prior registration from the Indian Authority, Bureau of Indian Standards (BIS) before they can be imported and sold to India. The registration requires full support on complex technical documentation, constant coordination with authorities and local inspection.

  • Maier Vidorno Altios’s Legal & Compliance Team consulted the company thoroughly and supported the complete registration process for BIS Registration. Apart from the consulting and preparation of detailed process documentation, the team successfully conducted the investigation through Indian Authority at Austrian Manufacturing Unit on-site.
  • Maier Vidorno Altios India Consulting supports foreign companies entering the Indian market as well as companies already doing business with India in their business set up and operational activities. Maier Vidorno Altios combines India strategy consulting and operational experience for almost 20 years. Our Compliance division supports foreign companies to meet Indian regulatory and compliance requirements with business and product registration in India. Maier Vidorno Altios – a trusted partner in India business.

Tips and Best Practices

1. Utilize Local Expertise:
Collaborate with local partners to ensure compliance with local laws and regulations. This helps streamline operations and avoid duplicating internal processes.

2. Focus on Core Business:
Outsource administrative functions such as payroll, financial, and tax reporting to local experts. This allows the company to concentrate on serving clients and business growth.

3. Leverage Customized Solutions:
Develop tailored strategies that cater to the specific needs of the local market, ensuring smooth operation and adherence to regional requirements.

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