The company established a subsidiary in Bangalore in order to implement its business activities in the Subcontinent
It was a new successful project for Octagona in the Indian market. The company, an important referent in the field of internationalization at a national level (Octagona is an accredited supplier for the Italian Ministry of Economic Development, for the Italian regions of Emilia-Romagna and Lombardy and has been working in India from 2002 with a direct subsidiary located in New Delhi, called Octagona India) supported Modula SpA, enforcing its international project in order to establish a Subsidiary within the Subcontinent.
Modula SpA is a company which deals with the planning and production of automated vertical storehouses, but also solutions for mechanize stocks. It has taken the route of internationalization in order to support its own customers on the Indian market.
Octagona was able to manage the whole operation with its own structure on the territory, Octagona India:
- helping them with all the paperwork and procedures, preparing the right documents for the opening of the Indian subsidiary;
- supporting the opening of the current account, through coordination with the bank;
- dealing with the licenses;
- providing a constant operational support;
- assisting the client company on an ongoing basis even in its post-establishment phases, through administrative and legal support.
The Subsidiary has been called Modula Automated Warehouses India Pvt. Ltd and it was ready to operate at the begin of June 2016 in the city of Bangalore (Karnataka) which is one of the most important commercial hub of the country.
Today Octagona is configured as an important reference point for Modula’s successes in India.
If you want to learn more about Octagona’s operational activities, and if you are interested in implementing operations like the one exposed above and understanding the support that we are able to give to companies, please contact the phone number +39.059.9770184 or the email address [email protected]: we will provide you all the information you need to start your internationalization project.
Some pictures taken during the inauguration of the Subsidiary: