There are few major business strategies for market entry and business development activities in India that are designed to reduce risks and assist foreign companies while entering the market. For example, finding business partners in India, such as distributors, importers or agents. Another model is through direct entry and setting up a local business in India. There is a third model which is a tailor made combination of the previous two models and is – a Representative Office and Corporate Liaison Services in the Indian Market by IBDAC.

IBDAC’s representation and liaison services in the Indian market aim to help foreign companies to develop its business in the local Indian market in a measured and controlled manner as well as to enable it to maintain and protect its current and future business interests. Representation services may include a wide range of different services which can also be provided separately, according to the client needs.

Under Representation and Corporate Liaison Services may include some or all of the followings:

• Local presence, including office address, telephone number, answering service, meeting room and other dedicated office services
• Developing corporate image, public relations activities and media monitoring
• Exposure to business opportunities, deals and tenders in the private and government sectors
• Learning and managing product and company activities compliance to local regulation
• Indian Translation, localization, and product adaptation to the local market
• Ongoing business and strategic consulting regarding operation in the Indian market
• Support and develop sales channels in the local Indian market
• Develop collaborations with local stakeholders
• Providing service and support to local customers
• Establishment, organization and registration of a local business and office
• Issue of certificates, standards and obtaining relevant licenses
• Recruiting Local Employees, Employment solutions and Payroll Services
• Local contact point in India time zone for communication with customers and local partners
• Organizing local market visit and schedule meetings with Indian companies
• Attending conferences and local exhibitions