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.
A growing middle class and high population density provide a promising framework for the industry’s development. Increasing incomes, coupled with aspirations for luxury and Western lifestyles, lead to changes in consumer behavior – in particular amongst young people. This is reflected in the demand for foreign foods where imports have increased from $ 1.3 billion in 2003 to $ 6.1 billion in 2013, which makes India an even more important market for the food processing and packaging industries.
India is one of the largest food manufacturers in the world. Its strategic geographic location and proximity to food-importing nations give India natural markets for the export of processed foods; while the cost of skilled manpower is relatively low which facilitates work. Accounting for about 32 per cent of the country’s total food market, the food processing industry is one of the largest industries in India and is ranked fifth in terms of production, consumption, export and expected growth.
The government has declared the development of the food processing industry as a priority and plans to invest in the next few years $960 million in the sector. According to the National Agricultural Research Institute (ICAR), the market volume of the industry in 2013/14 was $130 billion and expected to increase to $194 billion by 2015/16.
The government has permitted 100% foreign direct investment in the food processing sector without prior Governmental approval. In the agricultural processing industry companies will be awarded 100% tax exemption for five years and 25% remission for the next five years. In addition, an excise tax exemption will be granted for the installation of cold stores. The body responsible for this industry, Ministry of Food Processing Industries has sanctioned 42 “Mega Food Parks” through Public Private Partnerships (PPP), the most recent 17 were allocated in March 2015.
To read the latest news on Food Processing in India click Food Processing Newsletter