Lemken: Agricultural Machinery Manufacturing in India

Germany

Headquarter

590mn+

Turnover

Manufacturing agricultural technology

Sector

Regulatory compulsions

Challenge

Accelerate your India market entry

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.

Sanjay Kapoor

CEO at LEMKEN India Agro Equipment Pvt Ltd

Challenges

Lemken faced the challenge of entering the Indian market without any existing presence, while navigating a highly competitive and fragmented agricultural landscape. In addition, identifying the right location for a large-scale manufacturing setup was critical to ensuring long-term operational success.

Services Provided

Maier Vidorno Altios supported LEMKEN throughout its India entry journey, acting as the overall project manager. From incorporating the Indian subsidiary to guiding the €10M greenfield investment, the team led detailed location analysis to identify Nagpur as the optimal site.

We managed regulatory, operational, and setup processes, enabling a smooth establishment of LEMKEN’s manufacturing facility in India.

Delivered Value

LEMKEN successfully incorporated its Indian subsidiary and established a €10M greenfield manufacturing plant in Nagpur, featuring a 20,000 sq. m facility with an annual production capacity of 3,000 ploughs.

Interview

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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