For many foreign companies, due to the uniqueness and structure of the Indian market, entering this market and developing business activities with local Indian companies requires the allocation of many resources. In addition, foreign companies have to deal with information gaps, various business and legal barriers and sometimes even suffer from inferior status compared to local companies.
There are a few major business strategies for market entry and business development activities in India that are designed to reduce risks and assist foreign companies while entering the market. For example, finding business partners in Korea, such as distributors, importers, or agents. Another model is through direct entry and setting up a local business in India. There is a third model which is a tailor-made combination of the previous two models and is – a Representative Office and Corporate Liaison Services in the Indian Market by SAVI ENTERPRISES.
SAVI’s representation and liaison services in the Indian market aim to help foreign companies to develop their business in the local Indian market in a measured and controlled manner as well as to enable them to maintain and protect their current and future business interests. Representation services may include a wide range of different services which can also be provided separately, according to the client’s needs.
- Local presence, including office address, telephone number, answering service, meeting room, and other dedicated office services
- Developing corporate image, public relations activities, and media monitoring
- Exposure to business opportunities, deals, and tenders in the private and government sectors
- Learning and managing product and company activities in compliance with local regulation
- Indian Translation, localization, and product adaptation to the local market
- Ongoing business and strategic consulting regarding operations in the Indian market
- Support and develop sales channels in the local Indian market
- Develop collaborations with local stakeholders
- Providing service and support to local customers
- Establishment, organization, and registration of a local business and office
- Issue of certificates, standards, and obtaining relevant licenses
- Recruiting Local Employees, Employment solutions, and Payroll Services
- Local contact point in India time zone for communication with customers and local partners
- Organizing local market visits and scheduling meetings with Indian companies
- Attending conferences and local exhibitions