Industries We Serve
The Indian FMCG sector is the fourth largest in the economy and has a market size of US$13.1 billion. Well-established distribution networks, as well as intense competition between the organised and unorganised segments are the characteristics of this sector. FMCG in India has a strong and competitive MNC presence across the entire value chain. It has been predicted that the FMCG market will reach to US$ 33.4 billion in 2015 from US $ billion 11.6 in 2003. The middle class and the rural segments of the Indian population are the most promising market for FMCG, and give brand makers the opportunity to convert them to branded products. Most of the product categories like Jams, Toothpaste, Skin care, Shampoos, etc, in India, have low per capita consumption as well as low penetration level, but the potential for growth is huge.
Manufacturing & Engineering
The Engineering sector is the largest in the overall industrial sectors in India. Engineering industry primarily deals with the Design, Manufacture and Operation of Structures, Machines or Devices. Engineering industry primarily comprise of sectors like Civil, Industrial, Mechanical and Chemical.
The Engineering Design and Products Development segments generated revenues of USD 9 billion in FY2011, growing by 13.6 per cent, driven by increasing use of Electronics, Fuel Efficiency Norms, Convergence of Local Markets and Localised Products. Increasing confidence in relationships between customers and service providers successfully executing a variety of activities across low-medium-high complexity projects has led to increasingly larger sizes of projects being sourced from India.
Pharmaceutical Health care
The Indian pharmaceutical industry is highly dynamic and offers great opportunities for both domestic and foreign companies. The industry is estimated to have generated revenue worth US$ 13.1 billion in FY 2011, according to a new Research and Market's report, "Indian Pharma Sector Forecast 2014." India will emerge as a leading global player in pharmaceutical industry by 2020, securing a place among the top five major global markets, according to Ikon Marketing Consultant (IMC). Also, Associated Chambers of Commerce and Industry (Assocham) has said it expects the Indian pharmaceutical industry to reach US$ 20 billion by 2015, making it one of the world's top 10 pharmaceuticals markets.
Automotive industry is going through a phase of continuous shift. Emerging markets are offering growth and OEMs are constantly reorganizing their international value chains to leverage on the growth. Volatility of oil prices and sudden events leading to fluctuations in exchange rates are putting pressure on OEMs to locate production facilities closer to markets and this trend is fuelling intense competition. Local players are capitalizing on their knowledge of consumer needs to maintain an edge over the international players by offering innovative models that addresses specific customer needs. Cost pressures are unequally affecting local and international players but the difference is converging as growing markets become concentrated. Local players have the consumer knowledge and OEMs have the blend of quality which needs to complement each other if players want to see sustainability in coming years.
On the other hand, premium segment players are entering into emerging markets considering the preparedness of these markets. It is important to test the markets carefully so that the right timing for entry into these markets can be determined accurately.