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.
Trade-in India – Diverse Customers, Diverse Opportunities
Metro AG is a German multinational company based in Düsseldorf. It operates business membership only cash and carries stores primarily under the Metro brand. As a matter of fact, METRO AG operates as a food service company and is the country’s biggest and leading wholesaler and distributor of food and non-food assortments. With over 16 million customers, the company operates in 34 countries. On the other hand, in the financial year 2019-20, METRO generated sales of €25.6 billion.
Metro AG is functioning in India since 2003 and at present, it has 28 stores in India with 5000 employees. Hiring a partner in India helped them smoothly establish their business in the country.
On talking to the Head of International Affairs of Metro AG, we understood that hiring the right people and having the right structure in place really helps to establish in India.
Above all, what truly helped the company grow in India is its “local sourcing strategy”. The company is highly localized. Keeping the local preferences in mind, 98% of their products are sourced from the Indian market. Moreover, they work with 5000 local suppliers to fulfill the local needs of their customers.
You can drop in your details at email@example.com to avail the full recording. You can hear it out to understand how Metro AG is trading in India with a diverse customer base and tapping the opportunities.
To begin with, Dr. Oetker is a German multinational company that sells baking powder, cake mixes, frozen pizza, pudding, cake decoration, cornflakes, and various other products. The company started its business in India in the year 2008.
India is a unique market with a diverse consumer base. Moreover, there was no baking culture in India back in 2008. Hence, the session focussed on how the company managed to sell its foreign products in India? The answer lies in their approach. With this intention, the key takeaways from Mr. Oliver Mirza – Managing Director & CEO, Dr. Oetker India session were:
You can drop in your details at firstname.lastname@example.org to avail the full recording. You can hear it out to understand how Dr. Oetker is selling their foreign products in India and making it big in the Indian market.
The Indian market offers immense opportunities to foreign companies doing business in India. To begin with, the global consumption share of the middle class in India is estimated to range between 25% and 60% by the year 2050. Moreover, the income of people in India is growing day by day and is expected to increase 750% i.e. above USD 22,000 by 2025. The statistics above highlight the potential of the Indian market in the coming years.
Therefore, focusing on diversity, market structure, and customers are the keys to sell in India. Other success factors include knowing the market well, having realistic targets, efficiently structuring your sales in India, focusing on the business, and leaving the administration and bureaucracy to professionals.
If you want to know more about Mr Maier’s presentation for the session, you can fill in the below form.
M+V offers support to foreign companies looking to enter the Indian market or expand their existing business in India. For more information, get in touch with us on our email id email@example.com.