Manufacturing Set Up
MANUFACTURING SET UP IN INDIA
Challenges & Opportunities of Make in India
M+V supports you through all the phases needed to Set Up Your Factory in India.
M+V’ s typical scope of work when setting up a Manufacturing Unit in India:
- Macro (Country): Analysis / Shortlisting of suitable states and regions
- Micro (State):
Infrastructure / Surroundings (Utilities, Transport, Social, Supplier, Industries)
Availability of Human Resources (Blue Collar, White Collar, Management, Attrition)
Cost (Land, Utilities, Human Resources)
Proximity (Customers, Suppliers)
Ease of doing business / manufacturing operations
- Shortlisting of suitable plots
- Assessment matrix of identified plots
- Coordination of Due Diligence of top priority plots with third parties
(Legal, Geo-Technical, Environmental)
- Negotiations & Buying / leasing of land
Preparation of Master Schedule for the project
Identification and selection of Architect
Identification of civil contractors and other major vendors
Tender preparation and finalization
- Construction Phase – Project Monitoring & Control
Monitoring/co-ordination of the construction process
SOPs: Standard Operating Procedures for various activities on site and off site
Continuous project audit
- Registrations, Approvals & Licenses
Clearances for construction, water supply, power, etc.
Clearance from the Pollution Control Board & EIA (if required)
Factory License, other statutory licenses for commencing the production
Project completion and inspection
Project Sign-off & Audit
Preparation of project budget & cash flow planning
Monitoring of project expenses and budget variances
Ordering of building material, machines, equipment
Evaluation / Checking of purchases
Accounting of transactions & Running bill management
Release of payments to vendors after approval and as per the agreed terms & conditions of the order
Tax Compliance (GST, customs, etc.)
Setting up in India provides an opportunity to adapt product lines to provide products that fit with the very price sensitive Indian market that can then be more competitive in other developing markets. India provides one of the few locations in the world with the combination of scientific and engineering expertise and test conditions for product development and marketability in the world – a reason why many large companies have R&D facilities here. M+V works with partners to help clients review and enhance their products and adjust the marketing and re-engineer process – both human and mechanical to make the most of Make in India.
What makes M+V Manufacturing Set Up so special?
Ensuring holistic project management
M+V has the unique knowledge and skill to provide an experienced team that can manage all aspects of setting up the factory – both technical and commercial. We have the local knowledge to identify suitable locations and buy land, to help clients plan accurately and to ensure that all the approvals and registrations are completed satisfactorily – including all the clearances from different agencies to build and operate a factory. We find the right architects, PMCs, contractors and vendors as well as coordinate between agencies working on the project. M+V acts as an on-site construction manager for foreign companies to coordinate with all the authorities, contractors, suppliers, etc. Plus M+V takes responsibility for the entire administrative / commercial management (finance / accounting / compliance) of the project.
For more details on Manufacturing Set Up in India, contact our experienced team!