JOINT VENTURES

Joint venture implies establishing an organization that is mutually owned by two or more independent firms.

It can be brought into reality in three noteworthy ways:

• A foreign investor buying an interest in a local company.
• Local firm acquiring an interest in an existing foreign firm.
• Both the foreign and local entrepreneurs jointly forming a new enterprise.

For example, a Joint venture is between Mahindra-Renault, founded in 2007 brings together India’s largest automobile manufacturer Mahindra & Mahindra and world-renowned vehicle maker, Renault SA of France.

WE HAVE HELPED MANY OF OUR CLIENTELE TO OPEN THE WHOLLY OWNED SUBSIDIARY ABROAD/ JOINT VENTURE COS BY PROPER APPROVAL FROM THE GOVT OF INDIA.