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Statistics, news & updates: everything you need to know about the Professional Services Industry in India (Industrial Equipment industry)
The domestic and global factors govern the growth of the services sector. The Indian facilities management market is likely to grow at 17 percent CAGR between 2015 and 2020. It is likely to surpass the US$19 billion mark supported by the booming real estate, retail, and hospitality sectors. Moreover, the services sector is the key driver of India’s economic growth. In fact, the sector has contributed 54.17 percent of India’s Gross Value Added at the current price in 2018-19.
Technical Consulting Services
Nikkei India Services Purchasing Managers’ Index (PMI) stood at 57.5 in February 2020, indicating an expansion. Furthermore the expansion in services activity is because of the boost in capacity and demand along with favourable public policies.
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.