The economic and financial crisis in India is now a distant memory, and this is immediately apparent when visiting companies on the subcontinent or simply taking one of the hundreds of domestic flights that are now, more than ever, consistently overbooked. But the most surprising figure—especially for a country historically tied to the service sector—is that related to industrial production, which posted 15.1% growth in February and confirms that the “Indian engine” will deliver +8.2% GDP growth in 2010.
In this context, our organization also wanted to send a significant signal to Italian and European companies through the construction of a new tool that Octagona, thanks to its subsidiary SCOUTING INDIA Pvt. Ltd. and its partner SCOUTING Spa, makes available to its clients.
This tool is the exclusive agreement signed last month with YES BANK, one of India's leading private banks, which facilitates extraordinary transactions (particularly Joint Ventures, Acquisitions, and Mergers) between Indian and European operators.
Thanks to the agreement with the Indian bank, we are able to offer concrete market access opportunities in line with the trends and expectations of Indian entrepreneurs themselves. A prime example is the continuous search for technology by Indian companies. In fact, they understand that to be globally competitive they must increase their development and innovation capacity, thus completing the already interesting equation built on low costs and good technical skills.
This, we believe, is a tremendous opportunity for all those companies that want to conquer the Indian market, a crucially important economic driver for the global near future, while at the same time guaranteeing control over their own technology and global strategy.
Through our partnership with YES BANK, we can therefore guarantee Italian and European companies a dense network of contacts with professionals and businesses throughout India. Furthermore, with YES BANK we can offer our clients a highly credible and solid financial partner capable of providing support ranging from the granting of ordinary debt (loans, short-term discounting lines, etc.) to structuring and financial backing for M&A transactions.
For any further information, please do not hesitate to contact us. We will be happy to provide you with further details and evaluate the available opportunities together with you.
Source: The Indian Express
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