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Introduction
Trusted advisors & consultants to companies, governments, and institutions around the world
Innoversant Solutions Pvt Ltd (ISPL) is a multi-disciplinary consulting firm focused on assisting international and domestic organizations in strategic business areas. We combine deep industry knowledge with specialized expertise in providing Consulting services to Businesses, Organisations, Institutes, Governments and Economic Development Agencies. The firm provides strategic and operative support in marketing and business development to Companies and Investment Promotion institutions. Our services cover the following focus areas:
Business Consultancy
Investment Attraction
Trade Promotion
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Consultancy Services
We provide specialized consulting services and business solutions to global companies and small & mid-size businesses. Our combination of research and consulting services provide our clients with a unique support for their strategic and operative decisions in existing and new markets.
Business Consultancy
Market Entry Strategies Market Research & Feasibility Studies Business Development & Marketing Marketing Representation Events and Business Networking PR and Brand Consultancy Sourcing & Procurement Web development and Online marketing Investment Advisory, M&A and JVs Set up & Management of Liaison/Branch office Partners and Vendor Search Company formation and Regulatory affairs Location Advisory & Site identification Staffing and Infrastructure set up Alliances & Channels Development Tenders & Liaison support
Investment Attraction
Your partners in promotion and economic development of your region
We leverage our strong experience of serving International and Indian clients across diverse Industry verticals to provide result-oriented investment promotion solutions. Investment Promotion Agencies can benefit from our comprehensive resources which they can selectively utilize based on their specific demand and the collaborative strategy developed.
Support Delegations and Missions: inward and outward Liaison with stakeholders: Government and Industry In-person meetings with decision makers and influencers Facilitating Executive visits Business Networking with various intermediaries Information dissemination through traditional and new-age media PR and Brand building
Investment Attraction
Custom strategies to attract and retain foreign investments in increasingly global and competitive economic environment Integrated marketing, ranging in intensity from mass measures to in-depth, individual keyaccount-approaches Lead generation
Trade Promotion
Innoversant offers you a combination of expertise in management consulting as well as in trade promotion and regional development a key advantage for your organisation to provide professional support towards developing trade. Our services help your region's companies to accelerate their growth with foreign trade.
Trade Promotion
Our trade promotion services are often provided in a combination with investment promotion services.
Business Networking Support Delegations and Missions: inward and outward
Focused market studies Market Entry strategies Market entry support to individual companies Partner search, due diligence, negotiations and assistance with agreements Trade promotion activities: Organizing and participating in trade fairs, exhibitions, buyerseller meetings and reverse trade missions
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INDIA
Indian market (consumers, customers, suppliers) Local business cultures, practices and ethics Local business, industry and government partners Local laws and regulations Local staff
Innoversant Solutions acts as the bridge between business cultures , practices and capabilities.
Innoversant Solutions
Our Principals have extensive experience in India, North America, AsiaPacific and Europe
Little or no local language skills, lack of local market knowledge, contacts, experience Requirement of transparency and ethical practices Expatriate staff expensive, risky and take a long time to reach optimal effectiveness
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Local
Knowledge Experience Networks
Value
Reduce risks of market entry Better understanding of the risks of market entry Mitigate risks of uninformed decisions or poor advice Understand, and help Management and Investors understand business risks in India market Improve speed to market Avoid traps that result in delays or difficulties Local contacts and understanding of local practices lets things be done more efficiently Cost Savings & Transparency Local contacts allow access to local cost structures Retain transparency and accountability in pricing and processes Bridging Insights Translate between international thinking and local practices
In order to make a successful entry into the Indian market, the following steps should be taken care of:
Innoversant has the in-depth knowledge and understanding of local business conditions, climate and culture of India that is required to ensure rapid, successful market penetration. Combined with our extensive list of strategic partners and local contacts, Innoversant is uniquely positioned to assist companies seeking entry or expansion into Indian markets.
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There are many choices open to companies seeking to enter Indian Markets. Each choice comes with its own cost, risk, opportunity size and complexity of operation. The market potential in India is undoubtedly big. The key lies in developing a well-thought out Entry Strategy that takes into
account the vast complex issues that govern India both from a market and legal & regulatory
perspective. India is not short of examples where multinational corporations with vast resources have run into obstacles in rolling-out their entry and have fallen short of exploiting the vast potential of the Indian sub continent.
A right way of looking at India would be to compare it with European Union. Like the European
Union various states in India have their own languages, cultures, and unique market dynamics. The policies are framed at state and federal levels which need to be carefully considered for evaluating possibilities and making right entry decisions. No surprise it is called a sub-continent. At Innoversant we understand this complexity and challenge for companies either seeking to enter or expand their existing business in India. We work as a trusted partner to companies planning to enter Indian markets or needing help in expanding and sustaining their growth in Indian Markets.
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D.
Hybrid : establish a legal entity AND appoint a consultant to develop the business for the new entity, and assist in managing the operations.
We have a proven track record in executing all the above models successfully for our clients.
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What we do
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Prepare feasibility studies weighing the pros and cons of undertaking a planned investment/entry into India
Incorporation and infrastructure Recruitment and team building activities Logistics Setting up sales and Distribution channels Business negotiations and closures
Types of Business Entities Liaison Office Branch Office Joint Venture Wholly Owned Subsidiary
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What Could Work? Basic discussions on intent of India entry Existing Product or services exploration Exploration of company strengths, structure and vision Exploration of India relevancy
Entry Strategy Formulation, Execution Plan Entry strategy Location advisory Geographical market area finalization Company formation HR, Hiring & Office establishment Channel establishment with partners Strategy Plan Finalization & Roll out of the Business plan Components
Market Strategy fine tuning Operations roll out Addressing of growth & expansion issues Explore more markets and channels Expand partners network
New Opportunity Exploration Where-arewe analysis Where-dowe-want-to-be analysis How-will-weget-there planning Locate untappped opportunities Identify new opportunities
Investment Geographical & company search structure formation Partner advisory search & due diligence Scoping of tax planning & Break even accounting analysis practices Management consulting
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FDI/capital investment is not required. Business is up and running without any capital investment. All sales, marketing and business development activities can be performed in India.
Comparatively easier, less expensive and faster to set up
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An Indian office address Dedicated phone lines and fax (if desired) Handling and forwarding of postal correspondence
Why Innoversant?
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Leadership
Narendra Sarawgi Principal Consultant
Narendra Sarawgi has 30 years experience of general management, strategy, sales and business development consultancy and entrepreneurship. He has had professional and business relationships with several multi-national companies such as Philips, Whitford, Telstra and renowned Indian corporations like the Tata, Reliance, Rolta, Wipro, Best & Crompton Engineering and Electrosteel Castings among others. He has had several years of dealing with senior executive management of corporations as well as decision-makers in government. He is the Founder Director at management & strategy consulting firm Innoversant Solutions Pvt. Ltd (www.innoversant.com), is a consultant at Primera Networks-UK and sits on the Boards of Mphinite Technologies Pvt. Ltd. and Manjushree Technopack Ltd. He is a member of several professional IT, management and entrepreneurship development organizations and has developed excellent relationships at a senior level. Keenly interested in development and reforms, Narendra holds Post Graduate degrees in Management and Commerce, a degree in Law and is an alumni of IIM, Ahmedabad. He has attended Graduate Study Programmes at the United Nations Organization, Geneva and International Institute of Human Rights, Strasbourg, France.
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Siddharth is an active member of Confederation of Indian Industry, Indo-American Chamber of Commerce, Bangalore Chamber of Industry & Commerce, The Indus Entrepreneurs and other industry associations and panels.
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Our Strengths
Strong Industry network & Professional relationships Strategic contacts in Govt. and PSUs
Entrepreneurial zeal
Out-of-the-box thinking
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Our Network
Corporate contacts Govt bodies Industry Associations
Business Services
Professional Organizations
Innoversant Solutions
Regulatory bodies
Management Consultants
Financial Services
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Market Reach
Our corporate Headquarters are located at Bangalore, Karnataka and regional offices at Mumbai, Maharasthra and Guwahati, Assam. Through our associates, we have an extended reach at all major Tier 1 and Tier 2 cities in India as follows:
Pune
Nagpur Indore Jodhpur Ajmer Surat
Industry Expertise
Information & Communication Technologies (ICT)
Professional Memberships
Confederation of Indian Industry (CII) The Indus Entrepreneurs (TiE) Indo American Chamber of Commerce (IACC) Bangalore Chamber of Industry & Commerce (BCIC)
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Specialized industry and functional expertise. From senior management to junior consulting staff, our experts are dedicated to specific industries and functional areas. We ensure we know your business and tailor our approach and solutions accordingly.
Excellent Networking and relationship building skills. We not only leverage our existing relationships in the industries and governments, but we also continually work hard at developing new ones. Rigorous, proven methodologies. Our strategy and operational methodologies deliver outstanding results. We have a robust framework for business development, management and client relationship management in the industry. And through a blend of management and behavioral approaches, we give clients a proven interface to transform organizational performance. Collaborative working style. We deliver results, not just reports. To that end, we work side by side with clients to create and implement practical solutions. We have always taken our clients along in conceptualizing, forming an idea, selling the idea to the target audience and in implementing the solutions. Big-ticket Consulting. Our teams leverage the experience of dealing with Sr. Govt. Officers/Ministries/ Owners/CEOs/Decision makers which have been honed over 3 decades.
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Revenue Generation. We have a proven track record of finding new clients and generating new business for our clients.
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* The logos depicted here are the authorised trademarks of their respective owners and are shown here only for the purpose of representation.
We assist clients with their biggest challenges and most promising opportunities We are motivated by being a positive force for success We succeed by working as partners with our clients to share our knowledge, insights, and experience We put our clients interests first
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