Before the Industrial Revolution in Europe 200 years ago, India and China probably represented half of the world's economy. Today, India, which only opened up its economy in 1991, i.e. 10 to 15 years after China, is re-conquering its legitimate place in the ranks of the large industrial countries, of the world's most powerful economies.
    
With a population nearing 1.1 billion persons and the highest number of engineers and technicians of any country in the world, the future potential of the country is simply stupefying. Because of these facts, any European company would do well to profit not only from the huge potential of the market but also from the vast reservoir of relatively low-cost and highly qualified persons for its future developments.

Furthermore, because many large European groups are envisaging, are building or are reinforcing their presence in India, the country represents a not-to-be-missed opportunity for many long-time suppliers and sub-contractors of these large groups.

Indian legislation now allows a foreign company to set up in India on its own in almost all cases. Many companies, including some of the very largest, have however chosen to set up their Indian presence in partnership with a local company. As with a marriage of reason, a Joint Venture will only be durable and productive for both parties if there is a good level of understanding and harmony. However, significant differences between Europe and India in culture, in economic practices and realities and in regulations and legal requirements can create difficulties between the parties in understanding each other, in gauging the other's expectations and motivations, both in the short and in the long term. Our many years of experience of India help us bring this cross-cultural sensitivity to shaping your project and then to the negotiating table.

Finally, a manufacturing base in India is usually an excellent way for a Euro-zone industrial company to protct its pricing against currency fluctuations, as India is usually considered a Dollar-zone economy.

xy europe has structured a significant number of Joint Ventures / 100% subsidiaries, principally in the fields of mechanical engineering, in the vehicle industry (all aspects), electronics...
 

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