Coveme opens branch in India with support from Octagona

A New successful project for Octagona in the Indian market. The company, a national reference point in the field of internationalization (already an accredited supplier for the Ministry of Economic Development, the Emilia-Romagna Region and the Lombardy Region) and present in India for 15 years with direct offices in New Delhi and Bangalore and linked offices in major Indian cities, has perfected the creation of Coveme India Engineered Films Pvt. Ltd., Group companies Coveme.

Coveme, Industry leader in the production and marketing of plastic films and electrical insulators and in the processing of polyester films, thus makes its entry within an important market such as India and expands its business network, confirming its strong international vocation: in fact, Coveme, already present in 64 countries, is able to rely on two production plants in Italy and China (in Gorizia and Zhangjiagang), a sales office in Shanghai, eleven production lines and 2 R&D laboratories.

It is a particularly strategic and forward-looking decision, in a context such as the current one that is particularly complex but also challenging for Italian companies, which increasingly need to expand their boundaries and open up to the new business opportunities offered by international markets. Today, India represents one of the most ambitious markets in the entire global landscape and future forecasts indicate exponential growth for the Subcontinent, highlighted by analysts around the world; moreover, according to some estimates, it will be precisely India the country that in the coming years Will record the highest growth globally in photovoltaics.

And it is precisely in a’optics of strengthening its internationalization activities that Coveme has decided to undertake this new initiative, with the goal of To consolidate its presence in the entire Asian market and to assist and support its customers even more punctually and consistently.

Octagona, through its Indian facilities, handled the entire settlement process:

• Completing all the paperwork;
• Preparing the necessary documentation for the opening of the company in India to ensure its full operation;
• opening a checking account And implementing a coordination activity with the bank;
• taking care of registration of licenses;
• providing constant operational support;
• Providing ongoing assistance even in its post-establishment stages, through activities of administrative and legal support.

Specifically, the company, activated in Aurangabad (a major city of 1.3 million people located in the state of Maharashtra), in fact Will carry out trading operations between the Italian headquarters, the Chinese garrison and the Indian market regarding the photovoltaic panel sector, establishing itself as an important hub for Coveme's activities in Asia.

Today Octagona is configured as Real point of reference for the success of Coveme's activities India.

Strengthening and consolidating their presence in international markets, in today's complex and competitive environment, is a major challenge for large Italian companies. If you want to learn more about Octagona's operational activities and if you are interested in implement a similar operation, contact us at the telephone number 059.9770184 or to the e-mail address octagona@octagona.com: you will receive all the information you need to start your internationalization project.

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