Success Story

Successful India Market Entry Through Incubation

Successful India Market Entry Through Incubation
Successful India Market Entry Through Incubation

Germany

Headquarter

$50mn+

Turnover

Chemical Manufacturing

Sector

Single-Country Supply Dependency

Challenge

Key Points

India Supply Chain Incubation

We sincerely thank the team at M+V Altios for their excellent on-the-ground support in India. Together, we successfully identified multiple new suppliers and will be placing our first direct orders from India next week. The teamโ€™s involvement throughout the process was invaluable, and we look forward to working together again as we expand further.

Anonymous

Challenges

The client needed to diversify its supply chain away from a single-country dependency while achieving significant cost efficiencies. This was complicated by the absence of technical drawings, requiring product development based solely on images and specifications. Additionally, low-volume demand for certain SKUs failed to meet standard minimum order quantities and required non-standard packaging solutions. The wide range of product variants further increased complexity, making it difficult to consolidate sourcing under a single, reliable supplier.

Services Provided

  • Identified and assessed multiple FIBC bag manufacturers across key manufacturing in India

  • Conducted feasibility studies and managed the complete RFQ process, including RFQ issuance, consolidation, and detailed quotation analysis

  • Shortlisted the top three strategic suppliers based on a comprehensive evaluation of:

    • Company credentials and financial stability

    • Manufacturing capabilities and export readiness

    • Quality systems and compliance standards

    • Commercial competitiveness

  • Coordinated sample development and testing for each product variant, followed by detailed technical and quality evaluations

  • Conducted on-site supplier assessments and commercial negotiations in close collaboration with the clientโ€™s sourcing team

Delivered Value

The engagement resulted in the establishment of a sustainable and cost-efficient supply chain in India. By identifying and incubating the right supplier ecosystem, the client achieved cost savings of 25โ€“30% compared to its existing supply base. The solution also enabled a scalable sourcing model designed to support long-term volume growth, product diversification, and greater supply chain resilience.

Tips and Best Practices

  1. Deploy Interim Management: Place experienced leadership quickly to stabilize mismanaged subsidiaries.
  2. Strengthen Oversight: Establish structured reporting systems to keep HQ informed and aligned.
  3. Integrate Support Functions: Leverage finance, accounting, and logistics teams for operational control.
  4. Conduct Situation Analysis: Assess commercial and financial risks before implementing corrective actions.
  5. Restore Market Position: Focus on stabilizing operations first, then re-establishing growth trajectory.

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