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.
FMCG sector is the 4th largest sector of the Indian economy. The growth rate of consumer durables industry across India was estimated to be 15% from the fiscal year 2015 to 2020. The Government of India has allowed 100 per cent Foreign Direct Investment (FDI) under the automatic route in Electronics Systems Design & Manufacturing sector. Increasing electrification of rural areas and wide usability of online sales would also aid growth in demand.
Due to the COVID19 situation and dampened consumer sentiments, the industry has seen a drop of up to 55% in sales. Overall, the industry will lose out 25%-30% business for the whole year.
Indian appliance and consumer electronics (ACE) market are expected to increase at a 9% CAGR to reach Rs. 3.15 trillion (US$ 48.37 billion) in 2022. India is expected to have 829 million smartphone users by 2022.