Unlock Success in the Indian Market with Tecnova - Retail and Consumer Goods Consulting
India is one of the fastest-growing and most promising marketplaces in the world. Multinational corporations are eager to tap into India’s large consumer base and enter the market early.
Fast Moving
Consumer Good
(FMGC) Market
India's consumer goods
(FMCG) market reached
USD 56.8 billion in
December 2022 and is
expected to grow at a
CAGR of 27.9% through
2021-27, reaching nearly
USD 615.87 billion.
The Indian food processing
market was valued at USD
307.2 billion in 2022 and is
expected to reach USD
547.3 billion by 2028,
growing at a CAGR of 9.5%
during 2023-28.
India's e-commerce market
is anticipated to reach USD
319.3 billion by the end of
2027, expanding at a CAGR
of ~26.71% during the
2022-27 period.
India's retail industry is
projected to grow at 9% over
2019-2030, from USD 779
billion in 2019 to USD 1,407
billion by 2026 and more
than USD 1.8 trillion by
2030.
Increasing purchasing power has led to growing demand. India is the third-highest country in terms of the number of e-retail shoppers, behind only China and the US.
Empowering Foreign Companies to Establish a Robust Presence in the Consumer Goods and Retail Sector
Tecnova is a leading India entry management consulting firm with specialize consumer products and retail strategy consulting services having more than 40 years of experience in the business. We have completed over 700 projects in the consumer and retail space, helping a number of global companies to become market leaders in their categories in India.
Tecnova’s services tailored for the consumer products, retail and FMCG are:
Market Research and Analysis
Tecnova conducts comprehensive market
research and analysis to help clients
understand the Indian consumer market,
identify opportunities and assess risks.
Tecnova develops customized go-to-market
strategies for clients, taking into account their
specific business goals, target market and
competitive landscape.
Business Setup and Advisory
Tecnova provides comprehensive business
setup including assistance with company
registration, legal and regulatory compliance,
and taxation.
Tecnova provides support to clients in setting
up their operations in India, including
manufacturing, supply chain management and optimization.
Tecnova provides support to clients in
managing their distribution and retail channels
effectively.
Partner Search and Selection
We help clients identify and select the right
local partners, such as distributors, importers,
and suppliers.
We have a team of experienced consultants who have a deep understanding of the Indian consumer market and the regulatory landscape. We work closely with clients to develop and implement customized solutions that meet their specific needs and business goals.
Expertise in Establishing Global Consumer Brands in the Indian Market
- Tecnova helped a leading Italian baby care brand to set up their retail stores in India.
- We helped a well-known luxury footwear designer brand that wanted to open retail stores in India.
- Tecnova helped a leading European chocolate company launch its leading brands through a distributor.
- Tecnova helped a Finnish sports goods company that was looking to capture the market across categories.
- Tecnova helped a leading Spain-based olive oil company, that wanted to revamp its India entry plan with a focus on expanding.
Tecnova’s success in helping foreign retail, consumer and FMCG companies to establish business in India is a testament to their expertise in the Indian market and their commitment to providing their clients with the best possible service.
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