Success Story

Lemken: Agricultural Machinery Manufacturing in India

Alpen, Germany

Headquarter

$610 Million

Turnover

Manufacturing agricultural technology

Sector

Regulatory compulsions

Challenge

Accelerate your India market entry

Our cooperation with Maier Vidorno Altios proved to be the right decision that helped LEMKEN get a foothold in the Indian market right from the start. With Maier Vidorno Altios’s India expertise across all business functions, we were able to rely on them for our every need to set-up and run our business in India in an efficient and compliant manner.

Sanjay Kapoor

CEO at LEMKEN India Agro Equipment Pvt Ltd

Maier Vidorno Altios has supported LEMKEN since the beginning of their business endeavors in India in 2010. Right from Company Incorporation, Recruitment, Land Search, and Project Management for their manufacturing facility set-up, Maier Vidorno Altios has been a trustworthy partner for all these years. Currently, Maier Vidorno Altios supports LEMKEN with their legal compliance, which includes company secretary work and FEMA compliance with the RBI.

/ THE COMPANY – LEMKEN INDIA

LEMKEN is a global family of companies that proudly continues a business with an outstanding tradition. Our program comprises powerful, versatile, high-quality soil cultivation, sowing and crop protection technology. All of our activities support our vision – a vision of farmers operating profitably. A vision of shared success based on an active exchange between farmers, distributors and manufacturers. And a vision of global food supplies being sustainably supported by efficient engineering. This vision is what makes us the Agrovision Company.

Tips and Best Practices

Ensure strict adherence to legal and regulatory compliance to avoid operational disruptions.
Maintain proper documentation for FEMA and RBI compliance to facilitate smooth financial transactions.
Leverage expert advisory services for company secretarial work to stay compliant with corporate laws.
Regularly update compliance procedures in line with evolving Indian regulations.
Develop a proactive legal compliance strategy to mitigate risks and ensure business continuity.
Foster strong communication with regulatory bodies for seamless approvals and reporting.

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