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.