Success Story

Uponor Market Entry with trusted India advisor

Uponor Success STory - maier Vidorno Altios
Uponor Success STory - maier Vidorno Altios

Finland

Headquarter

$1400mn+

Turnover

Wholesale Building Materials

Sector

Market entry and expanding in India

Challenge

Key Points

Strategize your India market entry

M+V Altios enabled a smooth and fully compliant entry into India, helping us build a strong local presence while minimizing operational and regulatory risks.

Andreas Müller

CEO, Uponor Corporation​

Challenges

Entering the Indian market without an existing local presence posed significant challenges, particularly in understanding and navigating the country’s complex business environment.

Uponor also needed to effectively manage regulatory, accounting, and compliance requirements, which demanded strong local expertise. At the same time, building an on-ground team in India had to be done carefully to minimize operational risks while ensuring business continuity and scalability.

Services Provided

  • India market entry and liaison office setup (2012)
  • Recruitment of key personnel in India
  • Office-in-Office solution in Bangalore
  • Ongoing accounting under Indian GAAP & IFRS
  • Legal and regulatory compliance management

Delivered Value

The successful establishment of the Uponor Liaison Office in India enabled a risk-controlled market entry with full regulatory and statutory compliance. By creating a strong and compliant local presence, Uponor was well positioned to support its operations and lay a solid foundation for sustainable, long-term growth in the Indian market.

Tips and Best Practices

  1. Hire key personnel with local market expertise to establish a strong foundation for business operations.
  2. Leverage flexible office solutions to optimize costs and ensure a smooth setup.
  3. Ensure compliance with Indian GAAP & IFRS standards for accurate financial reporting.
  4. Stay updated on legal requirements for Liaison Offices to avoid regulatory risks.
  5. Partner with experienced market entry consultants to navigate business challenges in India.
  6. Continuously assess market opportunities to adapt strategies for growth in India’s evolving business landscape.

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