The auto components sector in India attracts its fair share of foreign direct investments given its growing nature. The industry is based on the strong foundation of stable government policies and accounts for almost 7 percent of the country’s total Gross Domestic Product (GDP).
The sector has experienced a stable growth over the years and is expected to reach USD 300 billion by 2026.
Our client is an Automotive Component Manufacturer who came to us with plans of extending their existing small business. They had big plans of venturing out on a bigger scale and exploring the scope of inventory management and subcontracting.
The company, already having expertise and experience in the field of auto components, came to us with a polished business idea. However, they were lacking the biggest factor in setting up a successful business- investment.
They came to us looking for foreign investments. As is first with every project we accept, we thoroughly researched the plan to deduce the foreign direct investment availability. We mapped the entry routes and any complications the project may face in the future. The challenge for us was to guide the entire project through the lengthy process of foreign direct investment without incurring major difficulties.
We connected the company with interested foreign investors, and hereafter, the project commenced.