MARKET RESEARCH FOR YOUR BUSINESS IN INDIA
Understanding through market research your Indian Market
India is a complex market with the economy dominated by millions of small, family-run companies leading to highly non-transparent markets and a lack of critical market data. You need market research to assess your true business potential and really understand your market dynamic and challenges before you invest in India.
To develop a clear strategy on how to identify and approach your potential customers you need to combine analysis of the multiple data available – a job which can only be done by experts who really understand India. Our market research service can help you to get what you need because we understand what it takes for foreign companies to be successful in India.
Looking to maximize business potential in India? Our market research services provide valuable insights into market size, growth rates, key players, and global trends. We analyze customer needs, regulatory requirements, and government incentives for foreign market entrants. Uncover strategic opportunities within special economic zones with our expertise.
Our market research service includes 3 important sections:
- Market Analytics
- Trend Analysis and Insights
- India Trade incentives and Subsidy Analysis
Market Analytics
- Assess the current state of the industry in India, encompassing its market size, present and projected growth rates, and key industry players.
- Compare the industry landscape in India with global trends to identify differentiators and opportunities.
- Investigate unmet customer needs and pain points prevalent in the market.
- Analyze the demand for specific product or service offerings in India and gauge the market’s perception of your offerings.
- Identify the target customer segments within the Indian market, including their demographics, preferences, purchase behavior, and decision-making factors.
- Profile and evaluate the primary competitors in the Indian market for your industry, assessing their strengths, weaknesses, positioning, and product offerings.
- Examine the regulatory requirements and compliance standards applicable to your industry in India, including licenses and permits essential for operations.
- Identify labor laws and employment regulations to consider when establishing a presence in India.
- Identify recent and anticipated regulatory changes that may impact the business environment.
- Identify available government incentives or subsidies tailored to foreign companies entering the Indian market.
- Explore opportunities within special economic zones or industrial clusters that offer strategic advantages for your industry.
Trend Analysis and Insights
- Assess Indian economic performance, including GDP growth, inflation, and ease of doing business rankings.
- Identify regional economic variations within India.
- Analyze historical trends in India’s global trade, covering export and import flows by value and volume.
- Examine the evolution of Foreign Direct Investment (FDI) in India, key sectors attracting investment, and future trade and FDI trends.
- Evaluate India’s manufacturing landscape in relation to your business, exploring sourcing, manufacturing, and collaboration opportunities.
- Explore current market trends in India for your industry and product, including shifts in demand and distribution channels.
- Benchmark industry best practices and track the competitive landscape’s evolution in India.
- Assess the level of technological innovation and adoption in India, focusing on emerging technologies and business adoption.
- Identify high-growth sectors in India and the driving forces behind their growth.
- Investigate regulatory incentives and government support for investments in these sectors.
- Identify emerging markets or regions in India with expansion potential, considering infrastructure development, accessibility, and associated risks and rewards.
India Trade Incentives and Subsidy Analysis
- Explore specific trade incentives and subsidies offered by the Indian government to encourage international trade and investment.
- Identify promotional schemes by the Indian government aimed at facilitating the expansion of foreign companies into India.
- Analyze policies such as “Make in India,” the Foreign Trade Policy of India, tax incentives, and regional and national subsidy schemes relevant to your product.
- Examine sector-specific incentive and benefit policies.
Assess how trade incentives and subsidies interact with other trade-related regulations, including tariffs, quotas, and trade agreements. - Analyze the potential impact of these incentives and subsidies on your global business operations involving India.
What makes Maier Vidorno Altios Market Research so special?
There are great business opportunities in all industries in India but it is hard for international companies to assess real market potential. You need to understand the business dynamics and Maier Vidorno Altios can help you ensure success in India.
For more details on Market Research Services in India, contact our experienced Team!
What our clients get
You focus on sales, we take care of everything else.
We were thoroughly impressed with the support provided by Maier Vidorno Altios' supply chain management team for our operations at the FTWZ in Mumbai
We hired an interim manager for our subsidiary in India through Maier Vidorno Altios and are extremely satisfied with the entire process. The professionalism and efficiency with which the agency operates is impressive. The interim manager placed by Maier Vidorno Altios proved to be an excellent choice. He not only had the necessary professional qualifications but also brought valuable local expertise and leadership skills. Thanks to his support, we were able to successfully drive forward important projects in India and stabilize our business. We recommend Maier Vidorno Altios without reservation and would like to thank the entire team for their excellent cooperation.
Kudos to M+V and team for flawlessly organizing our roadshow seminars in Rajkot, Mumbai, and Gurgaon. Positive feedback from sponsors and participants underscores their exceptional professionalism and dedication.
What distinguishes Maier Vidorno Altios is its exceptional network and dedicated team. We are grateful to Maier Vidorno Altios for enabling Monin to rapidly expand in India through a greenfield investment project.
We have established ourselves as the leader in our field in India, with sales in the country having quadrupled. We remain committed to our core values of geographic expansion and acquisition. Thanks to Maier Vidorno Altios.
With the incubation solution from M+V Altios , we successfully placed our products in the Indian market and established valuable product market presence, which we can now build on further with our subsidiary .
A competent, reliable and supportive team of M+V Altios. Always flexible to customer needs. A point of reference for those who want to be guided and supported in the opening of new markets, successfully.
Our participants were all very satisfied with the high quality of the meetings based on an excellent market research and on the high level talks with Indian decision maker. Our companies have now solid contacts and are well prepared to develop further in the Indian market.
M+V Altios helped LEMKEN get a foothold in the Indian market. 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.
Maier Vidorno Altios comprehensive expertise - including their knowledge of the country, its culture and customs - have been invaluable.
M+V Altios is very professional in India HR market. They were able to provide us with strong support in our recruitment. We are satisfied with their service.
The BIS registration project went smooth and efficient. We are satisfied with the way the documentation, communication and inspection on-site were handles by M+V Altios Team. We are happy to recommend working with M+V Altios in India - with the expert's advice you will need.
I definitely recommend Maier Vidorno Altios as an India entry and expansion expert. We are very happy with the professional and supportive approach of M+V in establishing our wholly-owned subsidiary in India. The entire process was well planned, efficiently executed and absolutely hassle free.
India has great investment potential for foreign companies if you manage a highly complex business environment professionally. Our experience shows - M+V Altiosis competent partner to efficiently set up and run business.
The cooperation of JUMO and M+V Altios is a success story in India since 2008. Our sales, market presence and profitability in India shows constant growth. M+V knows about the challenges foreign companies face while doing business in India - and provides hands-on solutions.
M+V Altios understands business challenges in the Indian business environment and provides solutions with the help of its experts. M+V Altios has experience in running business diagnostics and implement improvement and expansion strategies in various industries in India.
I highly recommend working with M+V Altios to really understand what is important for the Indian market.
Outsourcing our back-office administration to M+V Altios in India was the right decision for us. We value the professional and transparent support.
M+V Altios is very professional and our long term partners in the Indian Market.
BLOGS ON INDIAN MARKET INSIGHT, TRENDS, DEMOGRAPHICS, POTENTIAL SECTORS & POLICIES
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