Strong support in recruitment
M+V 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.
With the incubation solution from Maier + Vidorno , 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
BIS registration project
The BIS registration project went smooth and efficient. We are very satisfied with the way the documentation, communication and inspection on-site was handled from the Maier+ Vidorno Team. We are happy to recommend working with M+V in India – with the expert’s advice you will need.
India has great investment potential for foreign companies if you manage the highly complex business environment professionally. Our experience shows – Maier+Vidorno is a competent partner to efficiently set up and run business.
Market Presence and Profitability
The cooperation of JUMO and Maier+Vidorno 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.
Business Diagnostic and Implement Improvement
Maier+Vidorno understands business challenges in the Indian business environment and provides solutions with the help of its experts. M+V has experience in running business diagnostics and implement improvement and expansion strategies in various industries in India.
What are the average pay rates in India: Degree employees, skilled tradesmen including machine operators, Telemarketers/Sales Service, Laborers?
Average pay rates in India have been increasing fast (See graph below), and vary a lot across the country. The average salary in 2016 was INR 19,492 ($229), but this includes a lot of rural workers on disproportionately small salaries. In reality foreign companies will be mostly hiring in the cities which have far higher salaries. In Mumbai the average wage was INR 66,900 while in Chandigarh – a far smaller city – it was only INR 43,900.
Source: Labour Bureau – Ministry of Labour and Trading Economics, March 2017
Average pay rates in India also vary a lot according to skill level:
|Unskilled workers||Activities learnt in a few days, no special vocational training required||6,500||“Operator” in manufacturing||0 to 2 years|
|Supervised employees||Activities performed under supervision needing Multi-annual vocational training||21,600||Mechanical Engineer automotive||2 to 5 years|
|Trained employees||Tasks performed reliably without supervision and Manufacturing processes||49,900||“AutoCad Engineer” automotive||5 to 8 years|
|Experienced employees||Several years of experience and management authority||46,200||“Production Engineer” pharmaceutical||5 to 8 years|
Source: TeamLease “Salary Primer 2016”, June 2016 In a market like India, attrition rates are higher than many other foreign countries. So to attract talented employees and retain them it is very important that your salaries meet or exceed the average pay rates in India. Additionally, there are many checks that a foreign company should take into consideration before hiring in India. Consulting a recruitment expert is advised in order to take the right decision at hiring the right person at the right salary.