India is one of the prominent consumption based growing healthcare markets and offers huge potential for foreign companies who would like to mastery the growth in the middle class.
We design each entry strategy to healthcare market to ensure that you expand your business to India.
Our Indian healthcare market Entry services follow a staged approach starting with a deep assessment of the market opportunity for our clients followed by creating a strategic proposal for their entry and finally in-house implementation of the recommended strategy to establish a successful presence in India.
For foreign companies who are already in India, we support you in growing faster by looking at the hidden potential and innovate to meet the essential gaps.
Market research involves gathering information about your:
Industry and market environment - to understand factors external to your business.
Customers - to develop a customer profile.
Competitors - to develop a competitor profile.
Business regulations
Market demographics (e.g. age, gender, income).
Market size and trends.
Marketing channels.
Sociographics (e.g. beliefs and attitudes, interests, lifestyle factors).
Market research involves gathering information about your:
To expand your business.
To complement your business.
To fill Skills gap.
To find blind spots.
To maintain the Brand Value.
We will get it done for you for better reach of your products to potential customer and market.
Our Steps in finding Ideal Distributor:
Cast a wide net to chose wide pool of potential distributors.
Develop an “ideal distributor” profile prepare a checklist criterion for ideal distributors.
Pre-qualify and prioritize take feedback regarding concerned market and brands.
Prepare for the interview prepare a complete list of questions for the meetings with the distributors.
Evaluate the trade always visit the trade independently to better understand the structure of your product category in different distribution channels.
DSC/DIN – Obtain Digital Signature Certificates (DSC) and Director Identification Number (DIN) for each Director / Promoter before making any application to ROC.
Name – Apply for the name availability of the proposed company to ROC. For this one has to fill Form INC-1 and submit online along with requisite fee with ROC.
Name Validity – Once Name is approved and made available by the ROC it remains valid for 60 days from the date of name application. Preparation of documents – After getting the name following documents are prepared
Memorandum of Association – The Memorandum of Association is the charter of a company. It is a document, which amongst other things, defines the area within which the company can operate.
Articles of Association – The articles of a company shall contain the regulations for management of the company. The articles of association of a company are its bye-laws or rules and regulations that govern the management of its internal affairs and the conduct of its business.
Letter of authority to a person for carrying out corrections.
Declaration by the Promoter Directors.
Form DIR-12 for the Directors.
Form INC-22 for registered office address
Once ROC is satisfied and scrutiny is completed he will issue certificate of Incorporation. The company would come into existence from the date of Certificate of incorporation.