Coveme: new branch opened in India | Octagona Srl
Octagona Srl/Internationalization News/Coveme opens a branch in India with the support of Octagona
Coveme opens a branch in India with the support of Octagona

Coveme opens a branch in India with the support of Octagona

A new successful project for Octagona on the Indian market. The company, point of reference at national level in the internationalization sector (already accredited supplier for the Ministry of Economic Development, for the Emilia-Romagna Region and for the Lombardy Region) and present in India for 15 years with head offices in New Delhi and Bangalore and related offices in major Indian cities, finalized the creation of Coveme India Engineered Films Pvt. Ltd., group company Comeme.

Comeme, industry leader in the production and marketing of plastic and electrical insulating films and in the transformation of polyester films, therefore makes its entry into an important market such as the Indian one ed expand its commercial network, confirming its strong international vocation: in fact, Coveme, already present in 64 countries, can count on two production plants in Italy and in China (in Gorizia and Zhangjiagang), a sales office in Shanghai, eleven production lines and 2 Research & Development laboratories.

It's about a particularly strategic and forward-looking decision, in a particularly complex but also challenging context such as the current one for Italian companies, which increasingly need to expand their borders and open up to the new business opportunities offered by international markets. Today, India represents one of the most ambitious markets in the entire world panorama and future forecasts indicate exponential growth for the Subcontinent, highlighted by analysts from all over the world; moreover, according to some estimates, it will be its own India the country that in the coming years will record the fastest growth globally in PV.

And it's just in aperspective of strengthening its internationalization activities that Coveme has decided to undertake this new initiative, with the aim of consolidate its presence in the entire Asian market and assist and support its customers in an even more punctual and constant manner.

Octagona, through its Indian structures, managed the entire settlement process:

  • carrying out all the bureaucratic procedures;
  • preparing the necessary documentation for the opening of the company in India, in order to guarantee its full operation;
  • by opening a current 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-constitution phases, through activities of administrative and legal support.

In particular, the company, activated in Aurangabad (important city of 1.3 million inhabitants located in the State of Maharashtra), in fact will carry out trading operations between the Italian headquarters, the Chinese presence and the Indian market as regards the photovoltaic panel sector, constituting itself as an important nerve center for Coveme's activities in Asia.

Today Octagona configures itself as real point of reference for the success of Coveme's activities in India.

Strengthening and consolidating its presence on international markets, in a complex and competitive context like today's, represents a great challenge for large Italian companies. If you want to know more about Octagona's operational activities and if you are interested in implement a similar operation, contact us to the telephone number 059.9770184 or to the email address octagona@octagona.com: you will receive all the information you need to start your internationalization project.

 

READ ALSO:

Coveme SpA in India: read the full case study

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