{"id":11050,"date":"2022-08-04T10:45:52","date_gmt":"2022-08-04T10:45:52","guid":{"rendered":"https:\/\/octagona.com\/?p=11050"},"modified":"2023-02-13T08:29:42","modified_gmt":"2023-02-13T08:29:42","slug":"the-success-of-italian-companies-in-india","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/il-successo-delle-imprese-italiane-in-india\/","title":{"rendered":"The success of Italian companies in India"},"content":{"rendered":"<p>\u00a0<\/p>\n<p>One of Octagona's strengths is definitely the\u00a0<strong>direct presence in foreign markets<\/strong>, an element that guarantees Italian companies eager to expand abroad a great advantage: being able to count on the physical presence and support of our local teams.<\/p>\n<p>Having a presence abroad also means knowing the market very well and being able to rely on\u00a0<strong>specific solutions<\/strong>\u00a0as well as on a\u00a0<strong>network of contacts and relationships<\/strong>\u00a0started several years ago.<\/p>\n<p>That's why in recent days \u00a0<a title=\"https:\/\/www.linkedin.com\/in\/vishnu-krishna-6466a79\/\" href=\"https:\/\/326359.maynardstreetdelivery.com\/email\/click\/20671067\/326359\/NpGa7rl2dHrPgcGCIj93TB5gTOR3BocAGpJgn-ZkEh0.2\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/326359.maynardstreetdelivery.com\/email\/click\/20671067\/326359\/NpGa7rl2dHrPgcGCIj93TB5gTOR3BocAGpJgn-ZkEh0.2&source=gmail&ust=1661356282433000&usg=AOvVaw0B_VEeeBNe8WgcTzo75Xvy\"><strong>Vishnu Krishna<\/strong><\/a>, Director of\u00a0<a title=\"https:\/\/www.linkedin.com\/company\/octagonaindia\/\" href=\"https:\/\/326359.maynardstreetdelivery.com\/email\/click\/20671071\/326359\/QY9-rScvNiHVC8FOJjEl5Lyqk4Gwwrxx1o8Odo6ii9A.2\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/326359.maynardstreetdelivery.com\/email\/click\/20671071\/326359\/QY9-rScvNiHVC8FOJjEl5Lyqk4Gwwrxx1o8Odo6ii9A.2&source=gmail&ust=1661356282433000&usg=AOvVaw1dT-e4WfbfPflfp-M4SaGO\"><strong>Octagona India<\/strong><\/a>, visited Octagona's existing and potential customers,\u00a0<strong>To give value to Italian companies<\/strong>\u00a0who have developed or intend to preside over the Indian market.<\/p>\n<p>During his stay, in addition to moments of conviviality, development and opportunities were also discussed, with\u00a0<strong>many meetings that ended fruitfully<\/strong>\u00a0for companies that had sought advice from the Director of Octagona India in recent weeks.<\/p>\n<p>\u00a0<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 ez-toc-wrap-center counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/octagona.com\/en\/il-successo-delle-imprese-italiane-in-india\/#Il_successo_delle_imprese_italiane_in_India_il_commento_di_Vishnu_Krishna\" >The success of Italian businesses in India: commentary by Vishnu Krishna<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/octagona.com\/en\/il-successo-delle-imprese-italiane-in-india\/#Conclusioni\" >Conclusions<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Il_successo_delle_imprese_italiane_in_India_il_commento_di_Vishnu_Krishna\"><\/span>The success of Italian businesses in India: commentary by Vishnu Krishna<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<p>Here is Vishnu Krishna's testimony demonstrating the\u00a0<strong>potential of Italian companies in India:<\/strong><\/p>\n<blockquote><p><em>\u201cDuring my time in Italy, I had the opportunity to meet many new and existing Italian clients. These companies came from various sectors: construction, ceramics, consumer goods, chemicals, industrial and agricultural machinery, and so on. <\/em><\/p><\/blockquote>\n<p><em>Being my first trip after Covid, my impression was that all the entrepreneurs I met were very eager to do international business. And they all wanted to\u00a0<strong>a long-term sustainable, low-risk market<\/strong> in which to do business. Given the uncertainty currently plaguing global markets due to a range of factors, India stands out as one of the major large-scale markets, with GDP growing at an annual rate of 8.1%, a massive domestic market, tax incentives for launching local manufacturing operations (Make in India), and a young, English-speaking workforce. There aren\u2019t many examples of this kind in today\u2019s world.\u2019.<\/em><\/p>\n<p>\u00a0<\/p>\n<p>The Director of Octagona India then provides an interesting overview of the extraordinary economic and social development that India is experiencing in these years. Some Italian companies in India have developed a significant presence in the territory, but according to Vishnu Krishna, there is still great room for maneuver:<\/p>\n<blockquote><p><em>\u201cMany Italian companies I met during my trip already have business experience in India and<strong> want to go further in terms of scaling up<\/strong>. Some Italian companies are looking to create a wholly-owned subsidiary in India, while others are seeking local partners for a joint venture agreement. Realistic possibilities exist for all. In the past, India was a very complex market to do business in due to various laws and regulations. That said, it has progressively improved over the years. Today, India ranks 63rd in the global ease of doing business index (it was 114th just 8 years ago). It is still not easy, but with the help of the right consultants, an Italian company can navigate the complex Indian market.<\/em><\/p><\/blockquote>\n<p>\u00a0<\/p>\n<p>Finally, confirmation of how Made in Italy products are highly valued by both Indian citizens and businesses, and that there is no time to lose in order to have a real competitive advantage:<\/p>\n<blockquote><p><em>Italy has a very positive name within the Indian business community. Many Indians (especially those who have visited Italy, like myself) know the vast potential that Italy-India cooperation can offer both countries. Anything produced or designed in Italy usually leaves a positive impression on the Indian people. This is the best time in recent years for Italian companies to leverage for entering or expanding into the Indian market.<\/em><\/p><\/blockquote>\n<p>\u00a0<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusioni\"><\/span>Conclusions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u00a0<\/p>\n<p>Vishnu Krishna's commentary highlights the fact that investing abroad and making business deals in a high-growth country like India can prove to be\u00a0<strong>Fundamental to the growth of its business and turnovers<\/strong>.<\/p>\n<p>The time has come for\u00a0<strong>ride the wave of economic growth<\/strong>, step on the gas and immediately plan winning strategies that take all of this into account.<\/p>\n<p>If you also want to\u00a0<strong>A free initial consultation about India<\/strong>\u00a0click below and tell us about your project; we will study the best solution together with you.<\/p>\n<p>\u00a0<\/p>\n<p><strong>ALSO READ:<\/strong><\/p>\n<p><strong><a href=\"https:\/\/octagona.com\/en\/opportunities-in-the-indian-market-the-ideal-destination-for-your-export\/\" target=\"_blank\" rel=\"noopener\">Opportunities in the Indian market: the ideal destination for your exports<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/octagona.com\/en\/technology-transfer-to-india-an-effective-model-of-internationalization\/\" target=\"_blank\" rel=\"noopener\">Technology transfer to India: an effective model of internationalization<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>\u00a0 Uno dei punti di forza di Octagona \u00e8 sicuramente la\u00a0presenza diretta sui mercati esteri, elemento che garantisce alle imprese italiane desiderose di espandersi all\u2019estero un grande vantaggio: poter contare sulla presenza fisica e sul supporto dei nostri team locali. Essere presenti all\u2019estero significa anche conoscere molto bene il mercato e poter contare su\u00a0soluzioni specifiche\u00a0oltre [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary octgn-read-more-link\" href=\"https:\/\/octagona.com\/en\/il-successo-delle-imprese-italiane-in-india\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":3,"featured_media":11054,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[19],"class_list":["post-11050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casi-aziendali-internazionalizzazione","tag-india"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Il successo delle imprese italiane in India | Octagona Srl<\/title>\n<meta name=\"description\" content=\"La testimonianza diretta di 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