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Empowering Underprivileged Girls through Education and Sustainability

🌟 Shaping a Brighter Future: Empowering Underprivileged Girls through Education and Sustainability 🌱

At Maier Vidorno Altios, we wholeheartedly believe in the power of corporate social responsibility (CSR) to make a lasting impact on our world and foster sustainable development. We are absolutely thrilled to share some incredible news with you today — the announcement of our long-term partnership with Sri Ramakrishna Ashrama, an extraordinary school in Odisha. Together, we are on a mission to empower underprivileged girls and promote #education, sustainability, and social well-being.

Breaking the Cycle of Poverty ✨

Through our partnership with Sri Ramakrishna Ashrama, we are breaking the cycle of #poverty for 462 deserving girl students. We firmly believe that education is the key to unlocking opportunities and transforming lives. That’s why we have been working tirelessly to provide these girls with quality education and essential skills that will set them on a path to a brighter future.

Transforming Lives, One Initiative at a Time 💫

Our collaboration with Sri Ramakrishna Ashrama in Odisha has already yielded remarkable results. Together, we have been able to provide not only quality education but also essential resources such as #solarpanels, transportation, computers, and dedicated faculty support. We firmly believe that by equipping these girls with the tools they need, we can create a lasting impact on their lives and the lives of their families.

Committed to Progress, Dedicated to Impact 👊

We are committed to continuing our impactful journey, and we are bursting with pride to announce our upcoming contribution to the construction of a dedicated building for 10th and 12th-standard students. This state-of-the-art facility will create an enriched learning environment, providing the perfect platform for these children to explore their potential, thrive academically, and chase their dreams.

Join Us on the Journey 🌈

We invite you to be a part of this incredible journey of empowerment, education, and #sustainability. Together, we can shape a brighter future for these deserving girls and create a positive ripple effect that will resonate for generations. To learn more about our partnership and our transformative work, visit our website and be inspired by the stories of resilience and triumph. Link: https://lnkd.in/dmM2mm2H

Let’s make a difference, one #empowered girl at a time! 💪✨

Vipulansh Sharma

As an international business consultant with over a decade of experience, Vipulansh Sharma has worked with various Fortune 500 companies, small and medium enterprises, and government agencies, helping them maximize value across their #globalsupplychain and advising them on new #marketentry and growth strategies.

At Maier Vidorno Altios, he has spearheaded several high-value assignments by constantly engaging with his colleagues from over 22 countries and building excellent customer rapport.

Motivated and passionate about his work, he actively participates in business conferences and industry forums and recently spoke at the 26th Automotive Forum Zwickau in Germany (https://lnkd.in/eNjr47xt)

Outside of work, he is a sports enthusiast and enjoys playing Cricket at different levels locally.

#businessconsulting#marketentry#people#advisory#Internationationalization#partnersearch#JV#merger#distributorsearch#maiervidornoaltios#maiervidorno#indiateam #indiameansbusiness#doingbusinessinindia

Healthcare Industry in India

Healthcare has become one of India’s largest sectors, both in terms of revenue and employment.

- By 2022, India’s #healthcare industry is expected to be worth US $372 billion. - By 2024, more than $200 billion will be spent on medical infrastructure. - The #medical equipment industry is predicted to expand to US$ 11 billion by 2022 - The hospital industry in India is forecast to increase to US$ 132.84 billion by FY22 from US$ 61.79 billion in FY17 at a CAGR of 16–17%.

To know more about the Healthcare Industry in India, read the infographic below or contact our experts.

Reasons Why You Should Expand your Business in India

India is already known for its rich cultural history, world-renowned cuisine and stunning natural wonders, but it’s also home to one of the fastest growing economies on the planet. Consequently, it’s swiftly becoming an attractive destination for businesses looking to expand your #business and their operations.

In the below article, we’ll run through four key reasons why you should expand your business into #india

- Indian Workers Are Highly Skilled - India’s Market Is Booming - Governance Promotes Business Success - Setup And Maintenance Costs remains low

Bureau of Indian Standards (BIS)

What is BIS and why do I need it to export my products to India?

Bureau of Indian Standards (BIS) certification helps Indian consumers in various ways: providing safe reliable quality goods, protecting consumers by minimizing health hazards to them, promoting exports and imports, controlling the proliferation of varieties etc. through standardization, certification and testing.

BIS certification is now required for more and more materials and products, and the trend is that more products require it every year. More products have been added to the list in the past two years than in the previous seven years. Getting the certification is relatively standard — but like many processes, it is only simple when you know how. Getting certified is therefore much easier with the help of a local expert — cutting the time and energy required dramatically. Read our article to know how Maier Vidorno Altios can help you with BIS registration and certification https://lnkd.in/e-qnFfdF

#india #bisregistration #legaladvisor #ForeignManufacturers #BISauthority

Product Certification Scheme

The product certification scheme under BIS requires the manufacturers to obtain registration before the sale of products in the #indianmarket.

Keeping into consideration public health and safety, the government has identified certain products that require mandatory certification.

The government keeps publishing the #quality Control Order from time to time by notifying new products which need mandatory product registrations with BIS.

The list of those products is available on the website of #bis. Please click the below link to see the products which need mandatory registrations:

https://lnkd.in/ecPdCkKw

BIS grants a license after following the due process from the filing of the application, an inspection of the factory by the BIS officer, and testing of the product in the approved lab to grant of license.

Although the execution of compulsory certification is maintained by competent authorities as notified in the Quality Control Orders provided by the Government from time to time.

Under the product certification scheme, BIS grants a license to use the standard quality mark for products.

However, the mark can only be granted post confirmation that the product adheres to the standards prescribed by BIS for such a product.

Read our article to know more about the product certification scheme.

Collaboration with Shepha

Maier Vidorno Altios and Shepha are pleased to announce their collaboration to closely support Israeli companies with entering and succeeding in the Indian market. For the past 22 years, Maier Vidorno Altios has assisted over 1500 foreign firms to set up, manage, and grow their businesses in India. #SHEPHA, a boutique consultancy firm based in Tel Aviv, has been helping Israeli firms to sell, expand & manage their businesses in India with proven on-ground experience of over 20 years. Together, we offer tailored solutions to firms of all sizes, from a deep understanding of the market to on-ground sales, administration & operational support in scaling your #businessinIndia.

Anuradha Sarangi Madhav Raina-Thapan Yoel Kadish — יואל קדיש Shaked Avraham Ajay Pardeshi Leorith Elijah #MakeInIndia #MadeInIndia #MarketEntry

#MakeInIndia #MadeInIndia #MarketEntry

Networking Meet 2023

📢Save the Date! Join us at the #SalesNetworkingMeet2023 on 02nd Nov 2023! After the resounding success of our Sales Networking Event 2022, we are thrilled to announce the highly anticipated Sales Networking Meet 2023! Note: This event is exclusively for clients/customers. https://lnkd.in/dXKetKyV

Registrations are now open! Scan the QR code or click the below link to register.

Sourcing Capital Goods and Inputs under India’s MOOWR Scheme

Looking to source capital goods or inputs in India? The #MOOWR scheme can help. The MOOWR scheme, or Manufacture and Other Operations in #Warehouse, is a government initiative that allows businesses to source capital goods and inputs in India under favourable conditions. This includes exemptions or reduced #taxes on imported inputs, which can help save costs and improve profitability. The MOOWR scheme also facilitates collaboration between foreign businesses and #Indiansuppliers, which can lead to technology transfer and knowledge sharing. This can help strengthen the overall ecosystem and create employment opportunities. If you are a foreign business looking to expand your operations in India, the MOOWR scheme is a great way to get started. Contact us today to learn more about how we can help you take advantage of this scheme.

#MOOWR #Warehouse #taxes #indiansuppliers

Inside India's Clean Tech Industry

India's #cleantech industry is rapidly growing due to the government's investment in renewable energy and sustainable infrastructure projects.

This presents a wealth of opportunities for foreign companies looking to enter the Indian market, particularly in #solarpower, wind power, energy storage, and electric vehicles.

Attending industry-specific exhibitions in #india can be a great way for foreign companies to learn more about the market and make valuable connections.

However, there are also challenges to be overcome, such as - High initial costs - Lack of government support, and - Limited infrastructure

Maier Vidorno Altios is committed to helping companies reduce their #environmental impact and operate more sustainably.

Maier Vidorno Altios International Club

Whether #marketanalysis, partner search, company formation, recruitment, payroll management or #accounting, we are happy to support you with our many years of local experience.

Recently, we have been assisting our clients to diversify supply chains with”Sourcing in India”. Meet our expert, RUEDIGER SCHROEDER — Senior Vice President / Maier Vidorno Altios New Delhi, at the Maier Vidorno Altios International Club. Here with an exciting talk on “Back on track for success: Turnaround (Interim) Management in India”.

👇Secure your place at our major #internationalisation event in Frankfurt today by registering. Together with our partner Helaba, we welcome you on 25.04.2023 in the Frankfurt Main Tower! https://lnkd.in/eBnZbBjX

#internationalisation #accounting #marketanalysis

Online Beschaffen in Indien

The digitalization of #india and the younger generation’s affinity for technology have led to an increase in digital #procurement options. The Munich Chamber of Commerce and Industry is hosting a webinar on April 27, 2023, from 11:00 am to 12:00 pm on “Online Procurement in India.” The webinar will cover suitable platforms for procurement, products to consider, cautionary measures, and how to secure digital sales channels. Expert RUEDIGER SCHROEDER, Senior Vice President — Maier Vidorno Altios New Delhi, will be among the speakers. Register for the webinar to learn how to efficiently source products from India through digital channels while avoiding potential risks. https://lnkd.in/d9xRB9RQ

The Power of Organizational Resilience

Meeting the electricity and energy demands of the world’s largest population, consisting of 1.4 billion people and growing at a rate equivalent to the population of Paris every year, poses a significant challenge for the Indian Government. While historically reliant on domestic coal (accounting for 67% of the energy mix until 2014), India has made a commitment to achieve a 50% share of renewable energy by 2030. This shift opens up opportunities for French companies to actively contribute to India’s #energy transformation, while simultaneously capitalizing on promising business prospects. The renewable energy sector in #india encompasses various fields, including #solar, biomass, and hydroelectric energy. French companies can play a vital role in these areas, as well as in associated sectors such as batteries and storage, green hydrogen, low-carbon technologies, and the production of low-carbon materials like steel, cement, and fertilizers. Maier Vidorno Altios can help you leverage and unlock the potential for valuable partnerships in India’s #renewableenergy landscape. Contact our experts today! https://lnkd.in/eX5JuUPT

Non-Resident’s Royalty and fee for technical services (FTS) Taxation in India

Recently, there has been a noteworthy change in the direct tax laws regarding Royalty and Fees for Technical Services income accruing in India for non-residents (NRs), which are now taxed at a higher rate of 20% instead of 10%. This amendment has taken effect from April 1, 2023, and will apply to the year 2023-24 and onwards. While lower tax rates are still available under tax treaties, it is essential to furnish the required documentation to continue receiving this benefit. This change also impacts the filing of #incometax returns for NRIs, who previously were not required to file returns if their income came solely from royalty and Fees for Technical Services. To navigate these changes and ensure compliance, it is crucial to work with experts like Maier Vidorno Altios. Stay ahead of the game and reap the benefits of the growing Indian marketplace by staying informed and tax compliant.

#india#taxationservicesPraveen SinghalCA Sanjeev KumarAnant ShasiniCA Himanshu GargPadmanabhan S ACA Sunit NandwaniDeepak LakhiSunny Thakral

#incometax

India’s Life Sciences Industry Set to Boom in the Near Future

The Life Sciences sector in #india is currently witnessing impressive growth and a broadening range of capabilities throughout the industry's value chain.

India has emerged as a significant exporter of life sciences and #pharmaceutical products, serving over 200 countries through foreign pharma companies. India supplies more than 50% of Africa's generic medicine requirements, around 40% of the demand for generic medicine in the US, and nearly 25% of all medicinal products in the UK.

In the fiscal year 2021-22, the Average Index of Industrial Production for the manufacturing of life science, medicinal, chemical, and botanical products in India stood at 221.6, reflecting a growth rate of 1.3%. With its skilled labor force and cost advantages, India has become an appealing destination for research, development, and #manufacturing facilities in the #lifesciences industry.

Government initiatives, including incentivization plans and budget allocations, further bolster the industry. The Production Linked Incentive (#pli) scheme is projected to generate incremental #sales of USD 37.09 billion within six years.

At M+V Altios, our team of industry experts, led by market expansion expert Deepmala Datta and Madhav Raina-Thapan, is dedicated to supporting life sciences companies in India. We can help you seize growth opportunities, navigate challenges, and establish a strong presence in the Indian market.

MOOWR SCHEME — How an international trading company can set up a manufacturing unit in India?

If you're considering expanding your European business operations into India, understanding the Manufacturing or Other Operations in Warehouse Regulations (MOOWR) is crucial. #MOOWR is a set of regulations designed to simplify the establishment of #manufacturing and other operations in approved warehouse facilities while promoting India as a global manufacturing and assembly hub.

In our latest blog post, we delve into what MOOWR entails and why it's essential for #european businesses. Learn about the benefits you can expect when choosing to manufacture or assemble your products in India.

From streamlined customs procedures to #tax breaks and duty exemptions, MOOWR offers numerous advantages that can enhance your bottom line.

Ready to explore the opportunities that MOOWR can unlock for your European business in India? Read our blog post to learn more! https://lnkd.in/dDtY3UYF

Shashank VermaArun SharmaJatin ChopraAmandeep singh VirkRaman Deep DhandVijaya Kumara M KHarendra SinghSANDEEP KUMARShilpi SandShivam ParasharPadmanabhan S ACA Sunit NandwaniMaier Vidorno AltiosALTIOS InternationalGlobal HR Solutions by ALTIOS

What sets Kapila V. apart is her unwavering dedication and consistency in the same department for the past 18 years. Her unique superpower is handling Maier Vidorno Altios Portaz clients and ensuring a consistent flow of revenue. Her long-standing presence in the department has allowed her to develop a deep understanding of the system and its intricacies. Kapila's ability to consistently deliver results and effectively communicate important information has been instrumental in maintaining #client satisfaction and driving #business success. Her expertise in managing debtors and her meticulous approach to handling various tasks have contributed to the smooth functioning of the company's #financial operations.

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