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Partner Identification for Italian Client

Background

A leading Italian manufacturer of commercial refrigeration systems, with a global turnover of approximately INR 135 billion, sought to expand its global footprint by entering the rapidly growing Indian market. Their product range includes refrigerated displays, plug-in refrigerated cabinets, and cold room solutions catering to supermarkets, hypermarkets, convenience stores, and hospitality businesses. To ensure a strategic and well-informed market entry, the company engaged UJA to assist in identifying the right local partner and to devise a comprehensive market entry strategy.

Issues Identified

  • Despite their robust global presence, the client faced several key challenges in entering the Indian market
  • Limited understanding of India’s refrigeration cabinets demand landscape and customer preferences
  • Absence of market-specific pricing and competitor positioning data
  • Uncertainty in selecting the most viable market entry route (JV, distribution, wholly owned subsidiary, etc.)
  • Difficulty in identifying credible, well-aligned local partners

Solutions Offered

UJA developed a comprehensive solution framework addressing each of these concerns in a structured manner:

Market Analysis

We conducted an in-depth study of the Indian refrigeration industry, providing the client with:

  • Detailed market sizing and growth forecasts
  • Product-specific demand analysis
  • Pricing benchmarks for various product categories across all regions of India
  • Competitive landscape mapping and performance comparison
  • Assessment and rating of various distribution channels and leading distributors

Market Entry Strategy

Multiple entry options were evaluated, including joint ventures, strategic alliances, and direct investments. A tailored market entry strategy was developed after analyzing:

  • Strategic alignment with the client’s global vision
  • Long-term scalability and control factors
  • Operational and compliance considerations

Partner Finalization

We identified and profiled top potential Indian partners based on capability, market presence, and synergy:

  • Created detailed partner profiles with performance ratings
  • Facilitated virtual and physical meetings during the client’s India visit
  • Supported negotiation processes and contributed to successful deal closure

Conclusion

Through our end-to-end advisory, UJA successfully enabled the Italian refrigeration leader to make an informed and confident entry into the Indian market. From detailed market insights to the finalization of the right strategic partner, our tailored approach ensured that the client’s expansion was not only feasible but future ready. This project exemplifies UJA’s commitment to being a trusted partner for international companies looking to establish a strong presence in India.

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