Adro, Brescia (12th June) – India-entry strategy consulting firm Tecnova and Italian financial advisory Futuroall’Impresa (FAI) in collaboration with UBI Banca held a seminar today entitled “India: Opportunities and Experiences” at the winery Azienda Agricola Ferghettina.The seminar was attended by 35 Italian companies, represented by 45 people. The huge business potential offered by the growing Indian market was the main point of discussion at the event. Corporate leaders from Italy who have been successful in India spoke about their experiences and shared their insights about the market.
CesareGalli, former India Country Manager at Chicco-Artsana (Italian leader in baby care products) speaking via Skype from Kuala Lumpur, addressed the audience and spoke about his company. He talked about his start-up project in 2009 and the process that paved the way for incorporation of a subsidiary and opening of 13 retail stores across country.
NatalinoDuò former CEO of Perfetti India Limited and currently, CEO of Pure Cotton and Tecnova shared his India Story. In 1993, Perfetti gave their mandate to Tecnova for services such as market intelligence, Greenfield project, recruitment of personnel and business plan elaboration. Perfetti today is one of the most successful companies in its segment in India.
Speaking highly of Tecnova’s M&A services, Paolo Streparava, CEO, Streparava Group and Partner, FAI, said: “We bought outJV shares owned by our Indian partners completely. A Greenfield project was later started, leading to the opening in February 2014 to a 7000 sqm auto-components manufacturing unit in Bangalore. We passed from 67 to over 250 employees.”
Wrapping up the seminar, Karan Singal, Director and Associate Vice President at Tecnova, gave a detailed overview about instruments and strategies that companies can adopt to enter the market, as per their specific needs. Mr. Dilip Biswal, Associate Vice President at Tecnova, presented the company’s capabilities in Greenfield projects.
The event ended with a brief speech about the new political environment in India by H. E. Arun Kumar Sharma, Consul and HOC at the Consulate General of India, Milan and a tour of the Ferghettina winery.
About Tecnova and Futuroall’Impresa
Founded in 1984, Tecnova is a consulting firm specializing in providing solutions to International companies to help them develop modular & flexible strategies to explore the Indian market and minimize the knowledge gap for doing business in India. The Gurgaon-based company employs over 150 people and has worked with 800+ MNC’s across the world.
Futuroall’Impresa is a Brescia based firm specializing in consultancy services for extraordinary financial operations. Futuroall’Impresa was founded by a group of Italian entrepreneurs, managers and business consultants who, through their experiences, skills and passion, support companies facing important business choices, helping them identify the most effective ways to grow.