Swiss family-owned Ammann is a global leader in the construction and road-building machinery industry. "In almost all of the 100 countries where we operate, we started out on our own and became successful," explains Rolf Jenny, managing director of Ammann in India. "Except in India. There, we quickly came [...]
Ammann is a world-leading supplier of mixing plants, machines and services to the construction industry with core expertise in road building and transportation infrastructure. The family-owned company has enjoyed international success since 1869. Hans-Christian Schneider, current Ammann CEO, is the sixth generation to run the business. Much has changed [...]
As per the Budget 2021 with the proposed announcement, there is an impact on Merger and acquisition transactions. With no more benefits on tax savings on depreciation on goodwill acquired. The Budget proposal states that goodwill (and also existing goodwill) will not be eligible for tax depreciation. In the [...]
If you do business in India, but do not have an entity there, you can be designated as a Permanent Establishment (PE) in India by the Indian tax authorities. This is something every foreign company wants to avoid. This is because the consequences are big, in many cases, it [...]
For more than 70 years, the German company Würth has been the world's leading supplier of assembly technology. It is one of Germany's 100 most influential companies with an annual turnover of around 14.5 billion euros. "A large company like ours could not, therefore, ignore India," says Norman Dentel, [...]
Starting with a partner can be smart in a country like India. The fast growing Indian economy offers opportunities for companies in every sector and industry. Still, to succeed in India, you have to have good connections and really understand the market. Therefore, as a newcomer to the Indian [...]
