Entering the Indian Market Successfully: A Guide for European Companies
/ Entering the Indian Market Successfully: A Guide for European Companies Are you an European company eyeing the vast opportunities that India offers? The Indian market is undoubtedly promising, but as Klaus Maier, founder and managing director of Maier Vidorno Altios in India, rightly points out, success in India depends on a well-planned sales strategy. […]
BIS Update on Bolts, Nuts, and Fasteners – Mandatory Registration
/ Recent BIS Update on Bolts, Nuts, and Fasteners Under Mandatory Registration Category In a decisive move to bolster the quality and safety of bolts, nuts, and fasteners available in the Indian market, the Ministry of Commerce and Industry India issued a groundbreaking Quality Control Order on 21st July 2023, under the aegis of the […]
Managing Supply Chain Challenges: The Role of Insurance
/ Managing Supply Chain Challenges: The Role of Insurance Importing goods into India can be a lucrative endeavour for foreign companies, given the country’s vast consumer market. However, navigating the complex landscape of Indian logistics and resolving supply chain challenges can be daunting. One of the significant concerns for foreign companies is minimizing the risk of […]
Merchant Trading in India
/ Merchant Trading in India India is becoming a very popular manufacturing location for European companies due to its big talent pool of highly skilled workers, low costs, excellent knowledge of the latest technology and its strategic location. This not only makes India a great manufacturing location, but also a great hub to supply the […]
4 Key Sales Trends in India Amid Changing Business Landscape
/ 4 Key Sales Trends in India Amid Changing Business Landscape In the wake of the pandemic and a global economic slowdown, sales strategies across the globe have been undergoing constant evolution to cater to shifting customer preferences and market conditions. Salesforce, a leading enterprise software developer, conducted a comprehensive survey titled “The State of […]
Mandatory BIS Registration for Potable Water Bottles and Insulated Flasks in India
/ Mandatory BIS Registration for Potable Water Bottles and Insulated Flasks in India On the 5th and 14th of July 2023, the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade of the Government of India published an order for mandatory certification of the following products with the Bureau of Indian […]
Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India
/ Authorized Capital vs. Paid-up Capital: Share Capital Requirements for Foreign Companies in India Share capital represents the funds raised by a company through the issuance of shares. Companies need share capital for various purposes such as to fund their expansion, paying off debts, etc. Irrespective of the size of a company or the type […]
Streamlining Export Operations: Understanding the Merchant Exporter System in India
/ Streamlining Export Operations: Understanding the Merchant Exporter System in India In today’s interconnected global economy, efficient export processes are vital for foreign companies looking to expand their reach and tap into new markets. India, with its vast consumer base and diverse industries, offers immense opportunities for international exporters. To simplify export operations and address […]
Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India?
/ Why Payroll Outsourcing is a Game-Changer for Foreign Companies in India? Managing payroll administration in a foreign jurisdiction can be a surprisingly difficult task, as each country has its unique laws and regulations about social security, taxes, and employee payrolls. As a foreign company operating in India, you may be struggling to keep up […]
BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector
/ BIS Update: Amendment to Lauric Acid Products in India’s Chemicals and Petrochemicals Sector The Bureau of Indian Standards (BIS), the national standards body of India, recently made significant amendments to its Quality Control order pertaining to the chemicals and petrochemicals sector. Released on 24th April 2023, the update addresses explicitly the regulation of Lauric Acid […]