US based Injection molding Company– Partnership with Indian Automobile companies

The Assignment

  • The client is an advanced manufacturing Mississippi based company providing innovative precision injection molds and components to the automotive, consumer goods, and electrical industry
  • Tractus was engaged to help find strategic Indian partners from tier 1 automobile and other related suppliers

Tractus’ Solution

Align interests, enter India market with the right partner

  • Tractus collaborated with the client to know about their products, value add in detail and the desired outcome from the partnership
  • Tractus worked around the intricacies of the Indian markets and vetted Indian firms that could match with the client’s interests
  • Set up meetings with the senior management teams of both the sides and agreed on mutual collaborative opportunities

Result

Two successful partnership opportunity

    • Potential opportunity identified include:
      • Exporting the US products to India through the new partners
      • The Indian partners to use the clients warehouse in USA to store their products which is currently located in far away from their buyers and spending higher cost on logistics
    • Currently due diligence process is carried out and expects the partnership be forged and start exporting products to India in early 2017

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