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(India) Pvt. Ltd
Norwegian Businesses
in India
Royal Norwegian Embassy, New Delhi
2008 Edition
Contents
Ambassador’s Message............................................................................................. 6
Indo-Norwegian Matchmaking Programme................................................................ 8
Innovation Norway...................................................................................................... 9
Why India?............................................................................................................... 10
Brief Overview of India-Norway Commercial Ties.................................................... 12
Norwegian Enterprises in India................................................................................ 13
A Look at Norway’s Strengths.................................................................................. 14
India: Demographic Dividend................................................................................... 16
India: Vibrant Economy Driving Overseas M&A Activity.......................................... 17
Major M&A and Investment Announcements in India.............................................. 18
India: Pacing Ahead to Emerge as a Major Economy in the World.......................... 19
Why India? – Quote Unquote................................................................................... 20
Investment Policy..................................................................................................... 22
Entry Strategies for Foreign Investors . ................................................................... 24
Company Formation................................................................................................. 29
Steps to Get a Company Incorporated . .................................................................. 30
Approvals/Clearances Required for New Projects................................................... 32
Business Culture in India.......................................................................................... 34
Norwegian Companies in India................................................................................ 40
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Aker MH (India) Pvt. Ltd..........................................................................................41
Aker Solutions.........................................................................................................42
Camo Software India Pvt. Ltd.................................................................................. 43
Conax Access Systems Pvt. Ltd.............................................................................. 44
Corporater Asia Technologies Pvt Ltd..................................................................... 45
DiaGenic ASA..........................................................................................................46
Det Norske Veritas..................................................................................................47
DnB NOR Bank, ASA..............................................................................................48
Digimaker India Pvt Ltd...........................................................................................49
EFD Induction Ltd....................................................................................................50
Eltek Sgs Pvt. Ltd...................................................................................................51
Goltens India Pvt. Ltd..............................................................................................52
Grosvenor Pumps India Pvt. Ltd. ........................................................................... 53
Handelsbanken International................................................................................... 54
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Hydro Building Systems Pvt. Ltd............................................................................. 55
Ibruk Consulting Pvt. Ltd......................................................................................... 56
ION Softnet . ...........................................................................................................57
Jash Engineering Ltd...............................................................................................58
Jeppesen Norway AS . ...........................................................................................59
Jotun India Pvt. Ltd..................................................................................................60
Kongsberg Process Simulation Pvt. Ltd.................................................................. 61
Mareva Engineering Pvt. Ltd................................................................................... 62
Nera Telecommunications (I) Pvt. Ltd..................................................................... 63
Norwegian Engineering and Consulting Pvt. Ltd..................................................... 64
Odfjell Asa India.....................................................................................................65
Opera Software India Pvt. Ltd................................................................................. 66
Orkla India Pvt. Ltd.Operating Companies: Elkem and Borregaard........................ 67
OutSmart 360..........................................................................................................68
SAR Chandra Environ Solutions Pvt. Ltd................................................................ 69
SAS.........................................................................................................................70
Schiffer Menenzes India Pvt. Ltd............................................................................. 71
Span Infotech..........................................................................................................72
Statkraft Norfund Power Invest AS.......................................................................... 73
Stepstone India Pvt. Ltd.......................................................................................... 74
Tandberg.................................................................................................................75
Vik-Sandvik Design India Pvt. Ltd........................................................................... 76
Wilhelmsen Maritime Services Pvt. Ltd................................................................... 77
Wilhelmsen Ship Management (India) Pvt. Ltd....................................................... 78
Representations and Technical Collaborations (Non Shipping)............................... 80
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Hallvard Leroy As/Celestial International................................................................ 81
Marine Harvest AS/Resource International Pvt.ltd ................................................. 82
Maxit AS/Aventura Components Pvt. Ltd................................................................ 83
Norinco Pvt. Ltd.......................................................................................................84
— ABB Marine AS...............................................................................................85
— Aeron AS........................................................................................................85
— Air Products AS..............................................................................................86
— ENWA Water Treatment................................................................................. 86
— Frank Mohn AS...............................................................................................87
— Hydro Norinco Electrolysers Pvt. Ltd.............................................................. 87
— Kongsberg Process Simulation Pvt Ltd (KPSPL)........................................... 88
— Kongsberg Maritime India Pvt Ltd.................................................................. 89
— Nautic Systems AS......................................................................................... 90
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— Norac AS........................................................................................................90
— Norsafe AS.....................................................................................................91
— Scancem Chemicals AS................................................................................. 91
— Ship Equip AS................................................................................................92
— Skipper Electronics AS................................................................................... 92
— STX Norway Offshore AS............................................................................... 93
— Team Tec AS..................................................................................................93
— TTS Handling Systems AS............................................................................. 93
— TTS Marine ASA.............................................................................................94
— Vetco Aibel.....................................................................................................94
Norman Data Defense Systems Asa / Acto Information Systems (I) Pvt. Ltd........ 95
Suretech International.............................................................................................96
Yara International Asa/ Greenfields International . ................................................ 97
Representations and Technical Collaborations (Shipping)...................................... 98
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Andromeda Shipping (India) Pvt. Ltd..................................................................... 100
Bw Shipping Managers Pvt. Ltd. ......................................................................... 101
Ebony Ship Management Pvt. Ltd......................................................................... 102
Genoa Maritime Services...................................................................................... 103
Herald Maritime Services Pvt. Ltd......................................................................... 104
Osm Maritime Services Pvt. Ltd............................................................................ 105
Race Shipping & Transport Co. Pvt. Ltd................................................................ 106
Wilco Ship Management& Travels Pvt. Ltd........................................................... 107
Useful Government of India Websites.................................................................... 110
Enhancing User Productivity.................................................................................. 111
Norwegian Consulates in India............................................................................... 112
Technical Writing
We create clear, comprehensible, accessible and usable documentation (manuals, technical
references, online help, process documents, case studies, white papers, proposals and more)
Instructional Design and Training Development
We create effective instructor-led, elearning and hybrid training solutions (student guides,
instructor guides, workshops, online courses, demos and simulations)
Training in Technical Writing and Business Productivity
We design and deliver comprehensive, practical, industry-focused training courses (writing
skills, MS Office, technical writing tools)
To learn more about us, visit www.ibruk.in or call us at 91-22-29204260/1
Ambassador’s Message
I am delighted to write in the latest issue of ‘Norwegian Business
in India’ and take this opportunity to congratulate the IndoNorwegian business community which has taken the business
between the two countries to new heights.
Historically, trade relations between Norway and India have
been modest. However, the tendency is changing. In the course
of the past three years bilateral trade has increased by around
150 per cent. The exports from Norway increased from NOK
867 million in 2004 to NOK 3.4 billion in 2007. At the same time
the imports from India have increased from NOK 1.2 billion in
2003 to NOK 1.7 billion in 2008. Beyond these figures, a strong
foundation for large scale collaboration is emerging between the
companies from the two countries.
The recent entry of Telenor into the telecom sector in India heralds
a new era for Indo Norwegian cooperation. Their cooperation
with Unitech wireless will create a strong Norwegian presence
in India for years to come.
There has been a remarkable growth in maritime sector. Both
Indian and Norwegian yards are cooperating actively and
ships are both build in Norway for Indian owners as well as
Indian yards are delivering to Norwegian owners. A total of
more than 60 ships have been or are on delivery from both
sides, representing both huge investments as well as the latest
technology in the maritime sector.
Other significant business events have been amongst others the
contract between Moser Baer Photo Voltaic Limited (MBPV)
and the Norway based REC Group and the Aker Floating
Production ASA’s contract for FPSO with Reliance. The first JV
in biotech was reached with the cooperation between DiaGenic
and Religare
There have been buying and selling of businesses between both
the countries. Last year Orkla Group of Norway has acquired
MTR Foods of Bangalore in a US$ 80 million deal. Recently
Tata group of India has taken a majority stake in a Norwegian
company Miljo Grenland.
The Norwegian Ministry of Finance has allotted a substantial
amount of money for bying CERs from India, We are certain
that this will benefit the climate in a positive way.
The Norwegian Pension fund is also planning to step up its
investments in India from 1 billon USD to approximately 3
billion USD.
Currently more than 70 Norwegian companies from a variety
of sectors are present in India. We are also providing special
attention to the small and medium enterprises through a NORAD
funded Indo Norwegian Match Making program. More than
100 Norwegian SME’s have expressed their desire to explore
doing business with Indian companies through this program.
This brochure represents the sixth edition in this series. It aims
to provide information and guidance to Norwegian companies
interested in exploring the possibilities of doing business in India,
and thereby strengthen the ties between our two countries.
Finally let me use this opportunity to thank the business
community for their co-operation and support in connection
with the development of this publication.
New Delhi, November 2008
H.E. Ms. Ann Ollestad
Ambassador
Indo-Norwegian
Matchmaking Programme
This Norad funded project was started in 2003 with an aim of promoting
private sector development in India. This programme facilitates development
of commercial relationship between Norwegian and Indian commercial
enterprises. In addition to partner identification, this programme provides
a travel and a pre-feasibility study grant. The programme is handled by
Innovation Norway in Norway and The Royal Norwegian Embassy in India.
For further details, contact
Per Reinboth on his email at
[email protected]
As per December 2008, more than 100 Norwegian companies have
participated in the programme seeking Indian partners. As a consequence of
this more than 200 Indian companies have been identified and contacted to
discuss potential business opportunities.
The Norwegian companies in search for partners represents the following
sectors:
• petroleum related services/training
• IT related services/software development
• shipbuilding/boat building/fishing vessels
• electromechanical industry/electronic components
• O&G/energy related equipment
• marine equipment/subsea drilling
• biotech equipment
• cleaner production related equipment
• furniture
• port management
• hydropower
For further information on Norwegian industry, please visit www.nortrade.
com. Norway’s Official Trade Portal
Innovation Norway
Innovation Norway was established as a statutory company in December 2003. It
took over the initiatives formerly offered by The Norwegian Industrial and Regional
Development Fund (SND), the Norwegian Trade Council, the Norwegian Consultative
Office for Inventors (SVO) and the Norwegian Tourist Board.
There are 750 employees in offices distributed throughout all of Norway’s counties and
in 30 countries. The Head Office is located in the Capital of Norway, Oslo.
Innovation Norway’s objective is to promote private- and socio-economic profitable
business development throughout Norway and to release the commercial opportunities
of the districts and regions by encouraging innovation, internationalisation and profilebuilding. Its vision is “We give local ideas global opportunities”.
Innovation Norway was established in Delhi in August 2005 and is located in the Royal
Norwegian Embassy. Presently it is set up with 4 local market advisors headed by the
Commercial Counsellor who is the director of Innovation Norway in India. Innovation
Norway India has an important role in assisting Norwegian companies to enter and
operate in the Indian market. It is also assisting Norwegian SMEs through Norad
sponsored Matchmaking Programme. The priority sectores are Energy, Oil and Gas;
Shipping & Maritime; Seafood; Tourism; Environment Technology. It is also covering Sri
Lanka, Pakistan and Bangladesh.
Innovation Norway has a strong network in the Indian business, both in the political
and private environment. It has personnel and contacts with in-depth competence in the
abovementioend sector. In India it is a mixture of Indian and Norwegian business culture
and is able to transform information from the market for practical business use.
Why India?
Size
Population
Political set up
Written
Constitution
Fundamental
Rights
State Religion
Directive principles
of State Policy
Union of India
Parliament
Head of State
Head of
Government
Independent
Judiciary
Language
3.3 Million sq kms. World’s 7th largest nation
Over 1.1 Billion people, World’s 2nd most populous
nation
Parliamentary democracy since independence from
British rule in 1947
Preamble:
“Justice - social, economic and political, liberty of
thought, expression, belief, faith and worship, equality
of status and opportunity, and to promote among
them fraternity assuring the dignity of individual and
the unity of the Nation”.
Guaranteed by the Constitution.
Secular State - there is no state religion
Promotion of peoples’ welfare in a social order
28 Federal States and 7 Union Territories.
Two Houses - Lok Sabha (Lower House) and Rajya
Sabha (Upper House).
President
Prime Minister
Supreme Court - highest judicial authority in India
High Court - head of judicial hierarchy in the State.
Official language is Hindi, but English is used for
official purposes and is widely read and spoken.
Important Laws Governing Business
India has an exhaustive legal frame­
work governing all aspects of business.
Some of the important ones include:
Corporate
Companies Act, 1956
Governs all corporate bodies.
Competition Act, 2002
Law to ensure free and fair competition
in the market.
Consumer Protection Act, 1986
Law relating to protection of consu­
mers from unscrupulous traders/
manufacturers.
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Contract Act, 1872
Law relating to contracts in India.
Environment Protection Act, 1986
Provides framework for seeking
environmental clearances.
Foreign Exchange Management
Act, 1999
Regulates foreign exchange tra­ns­­
actions including foreign investment.
Labour
Factories Act, 1948
Law regulating labour in factories.
Industrial Disputes Act &
Workmen Compensation Act
Labour laws dealing with disputes.
Industries (Development &
Regulation) Act, 1951
Governs all industries.
Dispute Settlement
Arbitration and Reconciliation
Act, 1996
Law relating to alternate redressal of
disputes amongst parties.
Taxation
Central Excise Act, 1944
Governs duty levied on manufacture.
Customs Act, 1962
Deals with import regulations.
Customs Tariff (Amendment) Act,
2003
The Act puts in place a uniform
commodity classifi cation code based
on globally adopted nomenclature
system for use in all trade-related
transactions.
Income Tax Act, 1961
Governs direct taxes on income of
all persons, both corporate and noncorporate as well as residents and
non-residents.
Sales Tax Act, 1948
Governs the levy of tax on sales
Sector Specific
Electricity Act 2003
Regulates generation, transmission,
distribution, trading and use of
electricity and generally for taking
measures conducive to development
of electricity industry, promoting
competition
therein,
protecting
interests of consumers and supply of
electricity to all areas.
Securitisation and Reconstruction
of Financial Assets and Enfor­
cement of Security Interest Act,
2002
Seeks to put in place securitisation
and asset foreclosure laws creating a
legal framework for establishment of
Asset Reconstruction Companies.
Other Laws
Information Technology Act, 1999
Law governing E-commerce tran­
sactions.
Money Laundering Act
Prevents money laundering and
provides for confiscation of property
derived from, or involved in, money
laundering.
Patents Act, Copyright Act, Trade
Marks Act
Protect intellectual property rights.
Securities and Exchange Board of
India Act, 1992
Law relating to protection of interests
of investors in securities and regulation
of the securities market.
Right to Information Act, 2005
Sets out right of every citizen to access
information under the
control of public authorities and to
promote transparency and
accountability in the working of every
public authority. Provides
for constitution of a Central
Information Commission and State
Information Commission.
Special Economic Zones Act, 2005
A comprehensive Act
Provides for the establishment,
development and management of
the Special Economic Zones for the
promotion of exports and for matters
connected therewith or incidental
thereto.
Provides for fiscal and economic
incentives for developer of / units in
SEZ.
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Brief
BriefOverview
Overview of
of India-Norway
India-Norway
Commercial Ties
Commercial Ties
India’s economic and commercial ties with both Norway are on the upswing. There has been a spurt in
trade, investments, transfer-of-technology and other contacts. A Norway-India Chamber of Commerce
and Industry (NICCI) www.nicci.no was inaugurated on January 26,2007 in Oslo.
The current growth in Indo-Norwegian eco-commercial ties is fuelled by complementarities of interests,
in sectors such as deep off-shore, shipping, hydro-electricity, Information Technology, Bio-Technology
and light consumer goods.
Embassy of India in Oslo, together with our Honorary Consuls in Reykjavik, Akureyri, Bergen and
Trondheim give high priority to promotion of bilateral eco-commercial contacts. All possible help is
rendered in facilitating these possibilities.
Approximate Exchange Rate on December 11, 2008:
Norway: NOK 1 = 6.90 Indian Rupee
INDIa-NorwaY BIlaTEral TraDE from 2000-2006
(In US$ millions)
Year
Norway’s Imports from India
Norway’s Exports to India
Total
2000
2001
112.4
69.2
181.6
96.9
48.3
145.2
2002
2003
2004
2005
212.8
104.6
134.0
176.6
200.2
66.4
69.4
128.8
413.0
171.0
203.4
305.4
Source: Statistics Norway dated
During 2006 the bilateral trade between India and Norway grew by 37.5%
2006
233.2
334.5
567.7
06.07.07
$ millions
Norway's Trade with India 200-2006
Year
[Source: Embassy of India, Oslo (Norway)]
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Bilateral ties
Norwegian Enterprises in India
Norwegian Enterprises in India
India-Norway in Focus
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A Look at Norway’s Strengths
Norway is a constitutional monarchy and a country with a strong democratic
tradition. With a population of only 4.5 million it ranks among the most
prosperous and modern countries in the world with a high degree of social
welfare for its inhabitants. Because of its richness of natural resources like oil
and gas, the economic growth is substantial. GDP in 2006 was 261.7 billion
US $.
It is located in the western half of the Scandinavian peninsula, borders on
Russia, Finland and Sweden and has a long coastline (2,650 kilometres).
Norway is close both to European markets and to the North Sea oil
installations.
Although Norway is one of the largest countries in Europe in area, its
population only numbers some 4.7 million. The country’s long narrow shape
and sparse population make good communication very important, and the
`authorities have channelled considerable resources to that sector. Inland
transport is provided by road and rail systems and ferries, and about 50
operational airports.
For international traffic there are frequent rail and air connections to other
countries, as well as ferry services for instances to the United Kingdom,
Germany and Denmark. Intercontinental flights from the main airports are
either direct or via Copenhagen, Scandinavia’s main hub.
The Oil and Gas Industry
The production of oil and natural gas by the petroleum industry has been a
major source of Norway’s economic growth in recent years. It has also made
important contribution to general development. Being so close to the North
Sea, Norwegian companies have been able to effect major deliveries to new
fields, and this has stimulated the development of a highly competent body of
engineers. Norway is the third largest exporter of oil in the world.
Water Power
Plentiful water power has for several decades made Norway a leading
exporter, both of electricity and of the products of energy intensive
manufacturing industries. More than 99% of the electricity is derived from
hydro. In 1995, Norway, Sweden and Denmark agreed to trade power freely.
The world’s first power exchange has been established in Oslo. Norway is
also at the leading edge of technological development where equipment for
this industry is concerned, including the construction of power plants. As a
result, Norwegian companies are heavily involved in the building of power
plant all over the world.
Fisheries
Up and down Norway’s long coasts, fishing has always been of great
importance. At present, however, fish farming appears to hold out greater
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potential for growth than traditional fisheries. The main, products for today’s
fish farms are salmon and trout. Extensive trials are being carried out on
other species of fish and on shellfish.
Forestry
Forestry is another of Norway’s historically important industries. The rich
timber resources are to a large extent utilized in the paper industry. Wood
is also the principal house-building material and the basis of a considerable
furniture industry.
Shipping
Shipping has long traditions in Norway. A large proportion of today’s
Norwegian tonnage trades between foreign ports. Some years ago, Norwegian
taxation rules, crew requirements, etc. prompted owners to establish
themselves outside Norway, but the authorities have in recent years sought to
encourage owners to operate from Norway, among other things by changing
the tax rules with effect from 1996.
Tourism
Following many years of steady growth, the tourist trade in Norway reached
an all time high during the winter Olympics in Lillehammer in 1994. Norway’s
main tourist attraction lies in her characteristically rugged landscape.
Free movement of Persons
In this area, the EEA agreement applies to the EU rules in full. This implies
rights to employment, mutual recognition to qualifications, and transfers of
social security entitlements. It also means that there are no restrictions on the
right to establish and conduct business enterprises.
Free movement of services
EEA countries impose no restrictions on the provisions of services in each
other’s territory. Since services form an essential part of Norway’s total export
volume, free access to the European market in services is very important.
Free movement of capital
The EEA agreement imposes no restrictions on the transfer of capital belonging
to the residents of member countries, but does allow members countries
to take steps to prevent the rule from leading to distortion of competition
between them.
Detailed information on Internet
For doing business to Norway, go to http://www.bedin.no
Before visiting Norway, go to http://www.visitnorway.com
To know about government, go to http://odin.dep.no
To know about business, go to http://www.nortrade.com
For Norwegian yellow pages, go to http://www.gulesider.no
Learn more about Norway, go to http://www.norge.no
For detailed statistics, go to http://www.ssb.no
15
India: Demographic Dividend
Population Median Age (in years) in 2006
45
Years
36
27
18
24
9
33
36
37
China
US
Russia
43
0
India
‹
‹
‹
‹
‹
Japan
India is expected to register the largest addition to the working age population in the
world by 2010.
India is expected to be powered by the largest working age population worldwide by
2050.
India’s labour costs, as a percentage of value added, are one of the lowest among
Asian countries.
Young population (under 25) accounts for about 50 per cent of India’s total population.
India’s urban population accounted for 29 per cent of the entire population in 2006. It is
projected to reach 37.8 per cent by 2025.
Growth in Working Age Population (15–64 years) by 2010 (in million)
Additions to Working Age Population by 2010
Stock Position 2005
World
4,168
India
691
Africa
500
China
934
South East Asia
362
Latin America
359
Southern Asia
US
Europe
Japan
314
71
64
44
33
31
17
132
10
200
0
497
8
5
-3
-5
45
95
145
195
In million
245
295
Source: India Brand Equity Foundation, United Nations Statistics, United Nations Statistics, Legal Week
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345
India: Vibrant Economy Driving
Overseas M&A Activity
Number of Deals and Value
70
70
60
USD Billion
40
20
10
467
306
12.3
1,200
1,000
800
782
50
30
1,081
600
28.2
400
18.3
Number of deals
80
200
0
0
2004
2005
Deal Value
2006
2007
No. of Deals
In 2007, there were a total of 676 M&A deals and 405 private equity deals…
Growth Drivers:
‰ Globalisation and increased competition
‰ Concentration of companies to achieve economies of scale
‰ Cash reserves with corporates
…In July and August 2008, 74 M&A deals with an approximate value of US$ 5.2 billion
were announced
In 2007, the total value of M&A and private equity deals was US$ 70 billion…
Total M&A deal value was close to US$
51 billion
Private equity deal value increased
to US$ 19 billion
Trends:
‰ Cross-border deals are growing faster than domestic deals
‰ Private equity (PE) houses have funded projects as well as made a few acquisitions
in India
Source: Deal Tracker Grant Thornton, Economic Times, IBEF, RBI
17
Major M&A and Investment
Announcements in India
POSCO to invest in building steel
POSCO to invest
building
steel
manufacturing
plantsinand
facilities
in
manufacturing
and facilities in
India plants
by 2016
India by 2016
US$
US$ 12
12
billion
billion
Vodafone bought Hutch in the year
Vodafone bought
2007Hutch in the year
2007
US$
US$ 11
11
billion
billion
Plans to establish three manufacturing
Plans to
to produce
establishphoto-voltaic
three manufacturing
plants
units
plants to produce photo-voltaic units
US$
US$ 22
billion
billion
Plans to spend on its development
Plans
to spend
its by
development
operations
in on
India
2012
operations in India by 2012
US$
US$ 1.7
1.7
billion
billion
Plans to invest in six private equity
Plansfunds
to invest
in sixmarket
private equity
in Indian
funds in Indian market
Orkla, Norway takes over MTR
Orkla, Norway
Foods intakes
2007over MTR
Foods in 2007
US$
US$ 80
80
million
million
Plans network expansion in India
Plans network expansion in India
US$
US$ 44
billion–US$
billion–US$
55 billion
billion
Plans expansion of cement
Plans
expansion
of cement
capacity
in India
capacity in India
Over
Over US$
US$
11 billion
billion
Acquired 60 per cent stake in
Acquired
60 per cent
stake in
Unitech Wireless
in 2008
Unitech Wireless in 2008
Source: The Economic Times
18
US$
US$ 0.185
0.185
billion
billion
Over
Over US$
US$
11 billion
billion
India: Pacing Ahead to Emerge as a
Major Economy in the World
2008 Global Retail Development Index (GRDI)
100
GRDI Score
India ranks
second in
the AT
Kearney
Global Retail
Development
Index (2008)
80
60
40
20
0
India
Russia
Vietnam Ukraine
Chile
Egypt
2007 Global Services Location Index
Services
sector
continues to
attract interest
from major
global players
and large
investments
are being
pumped into it
India
2.3
3.2
China
2.9
Malaysia
2.8
Thailand
3.2
1.3
Indonesia
1.4
2
1.2
2.6
Brazil
1.4
2.3
1.6
1.5
1.8
3.3
1.5
Financial structure
Business environment
1.1
People and skill availability
Projected GDP Growth Rates for Select Upcoming
Economies
8
6
G D P G r o w th R a te ( % )
AT Kearney lists
India as the
most preferable
destination for
the services
sector (2007)
China
4
India is expected
to outperform
other BRIC
countries in
terms of GDP
growth rate from
2015 onwards
2
0
2005–10
2010–15
2015–20
Brazil
2020–25
2025–30
China
2030–35
India
2035–40
2040–45
Russia
Source: AT Kearney, BRIC Report
19
2045–50
Why India? – Quote Unquote
“India has evolved into one of
the world's leading
technology centres.”
“India is now truly a land of
opportunity.”
John
JohnRedwood
Redwood
Economic
EconomicCompetitiveness
Competitiveness
Policy
PolicyGroup,
Group,UK
UK
Craig
CraigBarrett
Barrett
Intel
IntelCorporation
Corporation
“By 2032, India will be among
the three largest economies in
the world.”
“We cannot remain a global industry
leader without a strong presence in
India.”
Karl
KarlSlym
Slym
GM
India
GM India
“India is the future and the
future is here. Critical
operations are happening
here.”
“India today is not an emerging
economy. It has fully emerged
and it is in full bloom.”
Travyn
TravynRhall
Rhall
ACNielsen
ACNielsen
Anil
AnilMenon
Menon
IBM
IBMSoftware
Software
Olli-Pekka
Olli-Pekka
Kallasvuo
KallasvuoNokia
Nokia
“The Indian market has two core
advantages—an increasing presence of
multinationals and an upswing in IT exports.”
“India is a very exciting market and
the luxury car segment is growing
exponentially here.”
20
BRIC
BRICReport,
Report,
Goldman
GoldmanSachs
Sachs
Paul
Paulde
deVoijs
Voijs
Managing
ManagingDirector
Director
Volvo
VolvoCar
CarIndia
India
Investment Policy
Foreign Direct Investment
Foreign Direct Investment (FDI) has been recognized as one of the important
drivers of the economic growth of our country. Government has, therefore,
been making all efforts to invite and facilitate FDI and investment from
Non Resident [NRls- which also includes Persons of Indian Origin (PIO)] to
complement and supplement domestic investment.
Foreign direct investment is freely allowed in all sectors including the services
sector, except a few sectors where the existing and notified sectoral policy
does not permit FDI beyond a ceiling. FDI for virtually all items/activities
can be brought in through the Automatic route under powers delegated
to the Reserve Bank of India (RBI), and for the remaining items/activities
through Government approval. Government approvals are accorded on the
recommendation of the Foreign Investment Promotion Board (FIPB).
Main Sectors with FDI Equity/Route Limit
• FDI equity limit-Automatic route
o Insurance 26%
o Domestic airlines 49%
o Telecom services- Foreign equity 74%
o Private sector banks- 74%
o Mining of diamonds and precious stones- 74%
o Exploration and mining of coal and lignite for captive consumption74%
• FDI requiring prior approval
o Defence production 26%
o FM Broadcasting - foreign equity 20%
o News and current affairs- 26%
o Broadcasting- cable, DTH, up-linking foreign equity 49%
o Trading- wholesale cash and carry, export trading, etc., 100%
o Tea plantation 100%
o Development of airports- 100%
o Courier services- 100%
FDI Policy Initiatives: 2000-2004
• New sectors opened to FDI
o Defence production, Insurance, print media - up to 26%
o Development of integrated townships up to 100%
o e-commerce, ISP with out gateway, voice mail, electronic mail, tea
plantation - 100% subject to 26% divestment in 5 years
22
• FDI equity limits raised
o Private sector banks raised from 49% to 74%
o Drugs and pharmaceuticals from 74% to 100%
o Advertising from 74% to 100%
o Private sector refineries, petroleum product marketing, exploration,
petroleum product pipelines 74% to 100%
• Procedural simplification
o Issue of shares against royalty payable allowed
Recent Initiatives: June 2004 Onwards
• FDI in domestic airlines increased from 40% to 49%. Automatic route
allowed
• FDI up to 100% allowed under the automatic route in development of
townships, housing, built up infrastructure and construction development
projects
• Foreign investment limit in Telecom services increased to 74%
• FDI and portfolio investment up to 20% allowed in FM Broadcasting.
Hitherto only Portfolio investment was allowed.
• Transfer of shares allowed on automatic route in most cases
• Fresh guidelines for investment with previous joint ventures
• A WTO (TRIPs) IPR regime compliant in position since 2005 Patents Act
amended to provide for product patent in pharma and agro-chemicals
also.
Extant Policy on FDI
• FDI up to 100% allowed under the ‘Automatic Route’ in all activities
except for
o Sectors attracting compulsory licensing
o Transfer of shares to non-residents (foreign investors) in financial
services, or where the SEBI takeovers regulation is attracted
o Investor having existing venture in same field
o Sector specific equity/route limit prescribed under sectoral policy
• Investments made by foreign investors are given treatment similar to
domestic investors
Foreign Technology Collaboration Policy
• Foreign technology agreements also allowed under Automatic route:
o Lump-sum fees not exceeding US$2 Million
o Royalty @ 5% on domestic sales and 8% on exports, net of taxes
o Royalty up to 2% on exports and 1 % also permitted for use of Trade
Marks and Brand name, without any technology transfer
• Wholly owned subsidiaries can also pay royalty to their parent company
• Payment of royalty without any restriction on the duration allowed.
Ministry of Commerce & Industry
23
Entry Strategies
for Foreign Investors
Starting Operations In India
A foreign company planning to set up business operations in India has the
following options
As an Indian Company
A foreign company can commence operations in India by incorporating a
company under the Companies Act,1956 through
• Joint Ventures; or
• Wholly Owned Subsidiaries
Foreign equity in such Indian companies can be up to 100% depending on the
requirements of the investor, subject to equity caps in respect of the area of
activities under the Foreign Direct Investment (FDI) policy. Details of the FDI
policy, sectoral equity caps & procedures can be obtained from Department
of Industrial Policy & Promotion, Government of India (http://www.dipp.nic.
in ).
Joint Venture with an Indian Partner
Foreign Companies can set up their operations in India by forging strategic
alliances with Indian partners.
Joint Venture may entail the following advantages for a foreign investor:
• Established distribution/ marketing set up of the Indian partner
• Available financial resource of the Indian partners
• Established contacts of the Indian partners which help smoothen the
process of setting up of operations
Wholly Owned Subsidiary Company
Foreign companies can also to set up wholly-owned subsidiary in sectors
where 100% foreign direct investment is permitted under the FDI policy.
Incorporation of Company
For registration and incorporation, an application has to be filed with
Registrar of Companies (ROC). Once a company has been duly registered
and incorporated as an Indian company, it is subject to Indian laws and
regulations as applicable to other domestic Indian companies.
24
For details please visit the website of Department of Company Affairs under
Ministry of Finance at http://dca.nic.in
As a Foreign Company
Foreign Companies can set up their operations in India through
• Liaison Office/Representative Offic
• Project Office
• Branch Office
Such offices can undertake any permitted activities. Companies have to
register themselves with Registrar of Companies (ROC) within 30 days of
setting up a place of business in India.
Liaison Office/Representative Office
Liaison office acts as a channel of communication between the principal place
of business or head office and entities in India. Liaison office can not undertake
any commercial activity directly or indirectly and can not, therefore, earn any
income in India. Its role is limited to collecting information about possible
market opportunities and providing information about the company and
its products to prospective Indian customers. It can promote export/import
from/to India and also facilitate technical/financial collaboration between
parent company and companies in India.
Approval for establishing a liaison office in India is granted by Reserve Bank
of India (RBI).
Project Office
Foreign Companies planning to execute specific projects in India can set
up temporary project/site offices in India. RBI has now granted general
permission to foreign entities to establish Project Offices subject to specified
conditions. Such offices can not undertake or carry on any activity other than
the activity relating and incidental to execution of the project. Project Offices
may remit outside India the surplus of the project on its completion, general
permission for which has been granted by the RBI.
Branch Office
Foreign companies engaged in manufacturing and trading activities abroad
are allowed to set up Branch Offices in India for the following purposes:
(i) Export/Import of goods
(ii) Rendering professional or consultancy services
(iii)Carrying out research work, in which the parent company is engaged.
25
(iv) Promoting technical or financial collaborations between Indian
companies and parent or overseas group company.
(v) Representing the parent company in India and acting as buying/
selling agents in India.
(vi) Rendering services in Information Technology and development of
software in India.
(vii)Rendering technical support to the products supplied by the parent/
group companies.
(viii)Foreign airline/shipping company.
A branch office is not allowed to carry out manufacturing activities on its
own but is permitted to subcontract these to an Indian manufacturer. Branch
Offices established with the approval of RBI, may remit outside India profit
of the branch, net of applicable Indian taxes and subject to RBI guidelines
Permission for setting up branch offices is granted by the Reserve Bank of
India (RBI).
Branch Office on “Stand Alone Basis”
Such Branch Offices would be isolated and restricted to the Special Economic
zone (SEZ) alone and no business activity/transaction will be allowed outside
the SEZs in India, which include branches/subsidiaries of its parent office in
India.
No approval shall be necessary from RBI for a company to establish a
branch/unit in SEZs to undertake manufacturing and service activities subject
to specified conditions.
Application for setting up Liaison Office/ Project Office/ Branch Office may be
submitted in form FNC 1 (available at RBI website at www.rbi.org.in )
Foreign Direct Investment (FDI) Policy
FDI under automatic route is now allowed in all sectors, including the services
sector, except a few sectors where the existing and notified sectoral policy
does not permit FDI beyond a ceiling.
Automatic Route
No prior approval is required for FDI under the Automatic Route. Only
information to the RBI within 30days of inward remittances or issue of shares
to Non Residents is required. RBI has prescribed a new form, Form FC-GPR
(instead of earlier FC-RBI) for reporting shares issued to the Foreign Investors
by an Indian company.
26
For details please contact:
Chief General Manager,
Reserve Bank of India,
Foreign Investment and Technology Transfer Division,
Exchange Control Department,
Shaheed Bhagat Singh Road,
Mumbai – 400001.
Tel.:+ 91-22-2266 1603
Fax + 91-22-2266 5330
Government Approval
Foreign Investment proposed not covered under the ‘Automatic Route’ are
considered for Governmental Approval on the recommendations of the
Foreign Investment Promotion Board (FIPB)
Foreign Investors
Non Resident Indians
Application for such cases are to
be submitted in FC/IL form or on
plain paper to Foreign Investment
Promotion Board (FIPB) in
Department of Economic Affairs,
Ministry of Finance, Government
of India North Block, New Delhi
110 001.
Non Resident Indians are required
to submit their proposals to the
Secretariat for Industrial Assistance
(SIA) Department of Industrial Policy
and Promotion, Government of India
for consideration of FIPB.
Taxation In India
India is moving towards reforming its tax policies and systems so as to
facilitate globalization of economic activities. The corporate tax rate for
foreign companies is 40%. The net tax rate is far lower than this on account
of various deductions and exemptions available under the tax laws. Tax
holidays are available in Special Economic Zones set up to make industry
globally competitive. Infrastructure Sector Projects enjoy special tax
treatment/holidays. A user friendly tax administration is being introduced
with round the clock electronic filing of customs documents from 31.3.04
For details regarding taxes in India, please contact Ministry of Finance,
Government of India, North Block, New Delhi–110 001 through their website
http://finmin.nic.in/topics/taxation/index.html
Investment Facilitation
Secretariat for Industrial Assistance (SIA) in Department of Industrial
Policy and Promotion, Government of India provides a single window
service for entrepreneurial assistance, Investor facilitation and monitoring
implementation of the projects.
27
Secretariat for Industrial Assistance (SIA)
Department of Industrial Policy and Promotion
Ministry of Commerce & Industry
Udyog Bhavan, New Delhi-110 011
Email: [email protected]
Tel.: +91-11-23011983
Fax : +91-11-23011034
Useful Addresses
Department of Industrial Policy and Promotion
Joint Secretary
Secretariat for Industrial Assistance (SIA)
Ministry of Commerce & Industry
Udyog Bhavan, New Delhi-110 011 ,INDIA
Tel.: +91-11-23011983
Fax : +91-11-23011034
E-mail: [email protected]
Website: http://dipp.nic.in
Reserve Bank of India (RBI)
Foreign Investment Division,
Shaheed Bhagat Singh Road,
Mumbai-400 001, INDIA
Tel.: + 91-22-2266 1603
Fax : + 91-22-2266 5330
Web site: http://www:rbi.org.in
Registrar of Companies
Department of Company Affairs
Ministry of Finance
‘B’ Block, IInd Floor, Paryavaran Bhawan
C.G.O. Complex, New Delhi-110 003, INDIA
Tel.: +91-11-24362708
Website: http://dca.nic.in
28
Company Formation
Start
Obtaining approval for the proposed name of the Company from the ROC
Drawing up the Memorandum of Association
Drawing up the Articles of Association
Getting the appropriate persons to subscribe to the Memorandum (a
minimum of 7 for a public company and 2 for a private company)
Payment of Registration Fee to the ROC
Receipt of Certificate of Incorporation
Obtain a certificate of commencement of business from the ROC
in case of a public company
End
Source: Ministry of Commerce & Industry
29
Steps to Get a
Company Incorporated
1. Select, in order of preference, a few suitable names, not less than four,
indicative of the main objects of the company.
2. Ensure that the name does not resemble the name of any other company
already registered and also does not violate the provisions of Emblems
and names (prevention of improper use) Act, 1950.
3. Apply to the concerned ROC to ascertain the availability of name in FormI A of General Rules and Forms along with a fee of Rs. 500/-. If proposed
name is not available apply for a fresh name on the same application.
4. Arrange or the drafting of the Memorandum and Articles of Association by
the solicitors, vetting of the same by ROC and printing of the same.
5. Arrange for stamping of the Memorandum and Articles with the appropriate
stamp duty.
6. Get the Memorandum and Articles signed by at least two subscribers in
his own hand, his father’s name, occupation, address and the number of
shares subscribed for and witnessed by at least one person.
7. Ensure that the Memorandum and Article is dated on a date after the date
of stamping.
8. Get the following forms duly filled up and signed:
i. Declaration of compliance Form-1
ii.Notice of situation of registered office of the company Form-18.
iii.Particulars of Director, Manager or Secretary Form-32.
9. Present the following documents to ROC with filing fee and registration
fee: i. The stamped and signed copies of Memorandum and Articles of
Association (3 copies).
ii.Form-1, 18 & 32 in duplicate.
iii.Any agreement referred to in the M&A.
iv.Any agreement proposed to be entered into with any individual for
appointment as Managing or whole time Director.
v. Name availability letter issued by ROC. Power of Attorney from the
subscribers in favour of any person for making corrections on their
behalf in the documents and papers filed for registration.
30
1. Pay the registration and filing fee by Demand Draft/Banker’s Cheque if it
exceeds Rs.1000/-.
2. Obtain Certificate of Incorporation from ROC.
Additional Steps to be taken for formation of a
Public Limited Company
3. Consent of directors to act as such in Form No.29.
4. Arrange for payment of application and allotment money by directors on
shares taken or agreed to be taken.
5. File the statement in lieu of prospectus with ROC in schedule-iv of the
Companies Act.
6. File a declaration in Form-20 duly signed by one of the director.
7. Obtain the Certificate of Commencement of Business.
8. As per Citizens Charter name availability will be disposed of in 3 working
days.
Forms mentioned above can be downloaded from:
http://dca.nic.in/downloads_2003.htm
Source: Ministry of Commerce, Govt. of India
31
Approvals/Clearances
Required for New Projects
Approvals/Clearances
Required
Department to be Approached and
Consulted
Incorporation of
Company
Registrar of Companies
Registration/IEM/
Industrial license
DIC for SSI/SIA for large and medium
industries
Allotment of land
State DI/SIDC/infrastructure Corporation/
SSIDC
Permission for land use
(in case industry is
located outside an
industrial area)
a. State DI
b. Dept. of Town and Country Planning
c. Local authority/district collector
NOC and consent under
Water and Air Pollution
Control Acts
State Pollution Control Board
Approval of
construction activity
and building plan
a. Town and country planning
b. Municipal and local authorities
c. Chief Inspector of Factories
d. Pollution Control Board
e. Electricity Board
Sanction of Power
State Electricity Board
Use and storage of
explosives
Chief Controller of Explosives
Use and storage of
explosives
Chief Controller of Explosives
Boiler Inspection
Certificate
Chief Inspector of Boilers
Finance
i. SFC/SIDC for term loans
ii. For loans higher than Rs. 15 Million,
all India financial institutions like IDBI,
ICICI, IFCI etc.
32
Registration under
State Sales Tax Act,
and Central and State
Excise Act
i. Sales Tax Department
ii. Central and State Excise Depts.
Extraction of Minerals
Geology
State Director of Mines
ISI Certificate
Regional Office of the Bureau of Indian
Standards (BIS)
Quality Marking
Certificate
Quality Marking
Government
Weights and Measures
Inspector of Weights and Measures
Code Number of Export
Import General
Regional Office of Director and of Foreign
Trade
Center
of
the
State
SIDC
State Industrial Development Corporation
SSI Small Scale Industries
SSIDC
Small Scale Industrial Development Corporation
SFC
State Financial Corporation
DIC District Industry Center
GOI Government of India
IOBI
Industrial Development Bank of India
ICICI
Industrial Credit and Investment Corporation of India
IFCI
Industrial Finance Corporation of India
Source: Ministry of Commerce, Govt. of India
33
Business Culture in India
India is a diverse and complex country, each person you meet will be unique blend
of Indian/Western values. People from different socio-economic strata, educational
backgrounds, class and religion may behave very differently.
Greetings and courtesies
• Indians greet each other (and say good-bye) with the namaste, which is formed
by pressing the palms together (fingers up) below the chin and nodding the head.
When greeting superiors or to show respect, a slight bow is added.
• In large cities Indian men will shake hands. Indian men do not generally shake hands
with or otherwise touch women, Indian women who are familiar with international
customs may shake hands. When meeting a woman, a man should wait for her to
initiate a handshake. If she does not, smile and nod slightly.
• When addressing a person, it is advisable to prefix the name with a ‘Mr.’, ‘Ms.’,
‘Mrs’ or ‘Miss’, or the professional title of the person [‘Doctor’ or ‘Professor’] unless
the person asks you to refer to him by his/her first name.
Language
English is the common language for conducting business, and therefore, it is not
necessary to get your card translated into any Indian language. If you are not from an
English-speaking country, then you must get your brochures and other promotional
material prepared in English.
Presenting and exchanging business cards are a necessary part of doing business in
India.
Hierarchy & protocols
The government-owned public sector companies, are more often bureaucratic and
hierarchical, compared to their private sector counterparts, and the ‘new economy’
service sector companies [IT, telecom, banking, insurance, etc.], are more egalitarian
and flexible than the traditional manufacturing-sector firms.
Try to get your first appointment with the senior most person in the concerned
department/organisation. It is likely that s/he may later direct you to meet someone in
the middle-level hierarchy, who would be actually relevant for your business.
However, coming through the superior person is likely to help when it comes to
implementation of decisions.
In India, as a sign of respect, the subordinates stand up when the boss enters the
meeting room. For many people coming from more individualistic cultures, this creates
a dilemma - to rise or not. The best option is to get up from your seat and greet him/her
personally.
Negotiating process
• The pace of business meetings in India is comparatively far more slow than in some
of the western countries.
34
• Indians are somewhat lax about time. Even if you arrive on time, it is likely that the
scheduled meeting may start with some delay, or that you are kept waiting. This
often happens, and does not necessarily mean much. However, a long delay in the
meeting can be a signal that you are being given less importance.
• Indians do not directly jump into business negotiations. They prefer to do business
with those they know. Building a relationship is often considered a prerequisite to
doing business.
• Showing hospitality is part of the negotiation process. Often meetings start by offering
tea/coffee and snacks. It is courteous to accept the offer. Meetings normally start
with small talk about non-work-related topics [ranging from weather to whether
your journey was comfortable], before people start talking about business issues.
Do not feel surprised if you are asked some ‘personal’ questions about your family,
children, etc.
• Indians Can’t Say “No”. They will not express their disagreements openly and
directly; as that would be considered discourteous.
• PowerPoint presentations are generally accepted to start the discussion. It is
necessary, however, to send a more detailed proposal in advance.
• Follow up a meeting with an overview of what was discussed and the next steps.
Laws & bueraucracy
Indian laws and bureaucracy are quite intricate and cumbersome. It is, therefore,
advisable to hire an expert or Indian lawyer or liaison person, who can help you to
manoeuvre through these intricacies.
Meeting preparations
• Though not essential, it often helps in getting an appointment if you have an Indian
contact.
• It is normally more difficult to get an appointment with officials in a government
department then the business organisations.
• Since in most Indian cities, the roads are quite crowded, it is advisable to start early
for your meetings. Normal office hours are 10:00 a.m. to 5:00 p.m. Normally, lunch
is for one hour, between 01:00 p.m. and 2:00 p.m.
• For business and official work, western ‘Christian’ calendar are used. The convention
for writing dates is dd/mm/yy.
• In India Financial Year is calculated from 1st April to 31st March. Since the end of
March is the time for closing the financial year, people are very busy. Try to avoid
scheduling meeting around this period.
Women
Though women are doing quite well in the ‘new economy’ in service sector companies,
still women executives, in senior positions in manufacturing sectors, are a relatively
new phenomenon in the Indian business environment. If you are a woman, you will
normally find people respectful and courteous, but not very comfortable in working
with you for business deals.
Behaving in a professional, confident, and poised manner will help overcome some of
this resistance. Women who wish to entertain a male associate should do so during
the day (business lunches are more popular than dinners anyway). An Indian man will
probably offer to pay the bill, but will not push the point if you politely insist on paying.
35
Women should be prepared for personal questions about their age, marital status, and
whether they have children. (These are common topics of conversation and are asked
of both men and women.).
Business dress code
Business attire is conservative.
• Men should wear dark colour conservative suits. However, since India has a warm
climate, often just a full-sleeved shirt with a tie is also acceptable. Very bright
colours should not be worn.
• In most companies, particularly in the IT sector, the dress code is much more
casual. However, as a visitor, conservative, though not formal, dress is advisable.
For foreign women, conservative pant-suits or long skirts, which cover the knees, are
more acceptable to wear.
Jeans with a T-shirt are acceptable as casual wear in informal situations for both men
and women. In a social gathering, if a foreigner wears an Indian costume [kurta-pajama
for men, and sari or salwar-suit for women], this kind of dress is also appreciated, and
often seen as a gesture of friendship.
Business entertaining
Business lunches are preferable to dinners in India. However, in recent times, business
dinners and ‘power breakfasts’ are also becoming popular. If you are invited for dinner
at home, it is advisable to arrive 15 to 30 mins late.
Mostly, business meals are organized in either high-class restaurants or in five-star
hotels. Some of these places are very much in demand, and you will need to book your
table in advance.
Most Indian dishes are quite spicy to the western palate. While ordering Indian food
you might want to ask the waiter/steward how spicy a given dish will be.
Toasting is not a normal custom in India. However, in business meals where drinks are
served, it is normal for the host to toast by raising the glass and saying ‘cheers.’
Normally, excessive tipping is not encouraged, but a certain amount of tip is expected.
In most restaurants, 5 to 10% is a sufficient tip, which may be added to the bill.
Important Do’s and Don’ts about Eating and Drinking
Many Indians do not eat non-vegetarian food (including eggs). So it is advisable to ask
your guests if they are vegetarians or non-vegetarians.
Generally non-vegetarian Hindus do not eat beef, and Muslims do not eat pork.
In ordering non-vegetarian dishes, chicken, lamb or fish are safe options.
Drinking is prohibited among Muslims, Sikhs and in many other Indian communities.
However, with changing times, and especially among urban educated Indians, this is
not strictly observed.
Traditional Indian women, regardless of their religion, don’t smoke or drink. Among
urban elite Indians, many women do drink wine or beer, and also smoke.
36
Business gifts
Gift giving is sign of friendship and is customary in India, but, it is generally not
expected at the first meeting. It is advisable not to give expensive gifts, since Indians try
to reciprocate gift, if it is too expensive, it can cause embarrassment for the recipient.
Use red, orange, yellow, green or blue coloured wrapping paper. White and black
colours are considered inauspicious.
Normally, gifts are not opened in the presence of the giver.
If you are invited to an Indian’s home for dinner, you should take some kind of gift,
such as a box of chocolates or flowers. If you are giving money as a gift, do remember
that 11, 51, 101, 501, etc. are considered auspicious numbers.
Different flowers have different connotations across India. A bouquet of roses is the
safest choice across the country.
If your host drinks and keeps drinks at home, a bottle of scotch whisky or wine will be
appreciated.
General Guidelines
Most Indians enjoy good conversation on a variety of topics. Even in business
meetings, it is common and normal to start discussions with ‘small talk’ on other
unrelated issues. In fact, this is seen as a way of building rapport and trust. Welcome
topics for discussion are politics, cricket, films and in recent times Indian economic
reforms. Topics to be avoided for conversation are religious beliefs (although genuine
enquiry into a religious practice or ritual will normally be met with an enthusiastic
response), relationship with Pakistan (many Indians can be very biased, emotional and
one-sided when discussing Pakistan) and poverty in India (Indians can discuss poverty
themselves but if a foreigner initiates discussion about it, it is likely to be interpreted
as impolite criticism).
Sometimes, Indians ask questions which can be seen as too personal and intrusive.
However, one must remember that discussing one’s family and personal life is normal
among Indians. In fact, often enquiring about the other person’s family is seen as a
sign of friendliness.
Conversation in India is as much an exchange of views as it is a mode of building and
strengthening relationships. Consequently, complimenting and showing appreciation
are quite normal among Indians.
Source
http://www.communicaid.com
http://www.executiveplanet.com
https://www.cia.gov
http://ec.europa.eu
http://www-wds.worldbank.org
http://web.worldbank.org/
http://www.doingbusiness.org/
37
World premier in India
developed
The Norwegian company DiaGenic has developed the world’s first
test for breast cancer requiring just blood. The test was launched in
New Delhi, India, in November. Breast Cancer is a growing problem in
India, and the test and few drops of blood offer real hope for Indian
women. “The BCtect™ - developed by DiaGenic - has the potential
to identify cancer early and in a very patient friendly way,” says Erik
Christensen, CEO of DiaGenic. “This makes the method suitable as
a first line test and as an adjunct to mammography.” Christensen is
very pleased that the largest laboratory chain in Southeast Asia, SRL
Ranbaxy LTD will distribute BCtect™ in India.
Growing problem in India
Breast cancer is the second most common form of
cancer amongst
Indian women and
is growing in both
urban and rural
communities. In
2007, 100,000
women died from
breast cancer,
and according to
the International
Agency for cancer
Research, it is
estimated there will be approximately
250,000 new cases in the country by
2015. Early diagnosis is essential for
improving survival rates, even more so
in India where the incidence is growing
among younger women. As per today,
only 10% of cases are detected at the
vital early stage where the odds for survival are highest. Currently, mammography
is the only real options to detect breast
cancer early. However, mammography
is not widely available in India and has
severe limitations in women with dense
breast tissue, especially younger women.
DiaGenic believes that the availability of
BCtect™ will help to improve the situation for Indian women considerably.
Remote signs offer a new way of
testing
DiaGenic scientists base the patentprotected concept for the early diagnosis
of diseases, like breast cancer, on a unique finding. They found that even when
a disease is localized at specific body site
such as the breast or brain, disease specific secondary responses can be measured
in clinical samples collected from other
far away parts of the body. One such response includes characteristic changes in
the expression pattern of selected genes
in blood samples taken from veins in the
arm. DiaGenic’s concept involves identifying these genes and using them to develop a disease-specific gene expression
signature for early disease detection.
Current methods not enough
Right from the beginning DiaGenic saw
breast cancer as an ideal application for
for breast cancer test
in Norway
its gene expression signature method.
According to CEO Erik Christensen, the
need to carry out breast cancer diagnosis
is present in all stages of the disease:
“The diagnostic methods currently in use
vary widely and all have clear limitations.
For example, mammography which is
used in mass screening and diagnosis has
difficulties in identifying small tumours
and is poorly suited to several types of
cancer and younger women.”
No difference between people
Development of BCtect™ was aided
through collaboration with one of the
world’s leading experts on breast cancer,
Professor Anne-Lise Børresen-Dale at the
Norwegian Radium Hospital. Based on
several clinical studies DiaGenic identified a set of genes and validated their
use in detecting breast cancer early in
Caucasian women.
The performance of the BCtect™ was
later tested in the diverse Indian population. One of DiaGenic’s founders,
Dr Praveen Sharma is from India and
he initiated a large multicenter study.
All BCtect laboratory procedures were
transferred to DiaGenic’s local laboratory
partner, LabIndia.
One of the key investigators in the trial,
Dr Yathish Kumar, Panacea Hospitals
Pvt. Ltd, Bangalore, welcomed the initial
results. He says there is a major need for
an early blood test in India: “Currently,
survival rates for breast cancer are low
in India and there is not an effective
screening program. Furthermore, Indian
women tend to have denser breast tissue
and to suffer from the disease earlier
than in the West. Using blood as the
sample material and being able to screen
earlier is thus an extremely attractive
proposition and would enable us to start
tackling the problem effectively.”
Available in India
Erik Christensen in DiaGenic says that the
trials attracted a great deal of interest.
“The intention is to enable
Indian women to have
regular check-ups with a
minimum of stress at their
local doctors.”
Dr Praveen Sharma, cofounder of DiaGenic adds:
“It is to my great satisfaction that DiaGenic will first
launch BCtect™ in India. There is an increasing need for this test in the country.
The incidence of breast cancer is rising
among younger women, and nationwide
screening program is lacking. There is low
rate of survival due to late discovery and
women are becoming more aware of the
disease. “
The Indian clinical trials and commercial setup has been coordinated by
DiaGenic’s Indian partner, PAC Med
Biotech Pvt. Ltd. Manipal Acunova acted
as DiaGenic’s CRO in India and LabIndia
performed all technical work.
Norwegian
Companies in India
40
Aker MH (India) Pvt. Ltd
Contact Person (India)
Address (India)
Telephone(s) (India)
Fax (India)
Email (India)
Type of Collaboration
Norwegian Participation
Norwegian Collaborator
Address (Norway)
Telephone(s) (Norway)
Fax (Norway)
Email (Norway)
Web Address
Company Profile
Mr. Shakti Verma (GM)
Powergas House
177, Vidyanagari Marg
Kalina, Santacurz (E)
Mumbai – 400 098
+91-22-6584 4291 / 92
+91-22-6704 6444
[email protected]
[email protected]
100% Subsidiary Company of
Aker Kvaerner MH AS, Norway
56.6% (Through Aker Kvaerner
Process Mauritius)
Aker Kvaerner MH AS
Serviceboks 413
N-4604 Kristiansand
Norway
+ 47-38 05 70 00
+ 47-38 05 72 50
[email protected]
www.akerkvaerner.com/drilling equipment
The Company renders technical services to the customers for Aker Kvaerner
MH Oilfield drilling equipment. The company is a part of Aker Kvaerner
group. Aker Kvaerner MH AS is recognised for its development of new
technology for deepwater drilling based on field-proven drilling equipment.
Satisfying the industry’s requirements to efficiency, safety and operability has
always been a prime objective. Aker Kvaerner’s strategy is to provide the
international onshore and offshore industry with:
• Complete drilling equipment packages/modules (RamRig or
conventional)
• Full range of drilling equipment
• Well intervention packages
• Drilling support modules
• Drilling control systems
• Land Rigs
Aker Kvaerner’s competitiveness is based on a unique combination of
equipment deliveries, project execution capabilities and excellent after sales/
service.
41
Aker Solutions
Contact Person (India)
Mr. Pothen Paul
Address (India)
Powergas House
I77 Vidyanagari Marg
Kalina
Mumbai – 400 098
Telephone(s) (India)
+91-22 6691 5901
6691 5928
Fax (India)
+91-22 6691 5934
6691 5937
Email (India)
[email protected]
Type of Collaboration
Technical & Financial
Norwegian Participation
56.6%
(Through Aker Kvaerner Process Mauritius
Norwegian Collaborator
Aker Kvaerner ASA (Power Gas)
Address (Norway)
Aker Kværner ASA (Power Gas)
Prof. Kohtsvei 15
PO Box 169
1325 Lysaker
Norway
Telephone(s) (Norway)
+47-67 51 30 00
Fax (Norway)
+47-67 51 30 10
Company Profile
Aker Solutions is a part of Aker Kvaerner E&C of Aker Kvaerner ASA,
Norway. They are a world class global engineering group having registered
office in Mumbai employing around 1248 well qualified engineers and other
staff. They add value to the customers business by providing innovative
and cost-effective solutions in engineering, contracting and construction.
They offer complete range of services necessary for global projects, from
concept to operation and have a strong track record in executing some of
the most technically and logistically challenging engineering projects. Among
the industries, they serve: metals, oil and gas, chemicals and polymers,
pharmaceuticals.
42
Camo Software India Pvt. Ltd.
Contact Person (India)
Mr. Sreenath (Director)
Address (India)
14 & 15
Krishna Reddy Colony
Domlur Layout
Bangalore – 560071
Telephone(s) (India)
+91-80-4125 4242
Fax (India)
+91-80-4125 4181
Email (India)
[email protected]
[email protected]
Norwegian Collaborator
CAMO Process AS
Address (Norway)
Nedre Vollgate 8
N-0158 Oslo
Norway
Telephone(s) (Norway)
+47 – 22 3963 00
Fax (Norway)
+47 – 22 3963 22
Email (Norway)
[email protected]
Web Address
http://www.camo.com
Company Profile
Develop and deliver unmatched quality software products, solutions and
services that offer our customers excellent ROI and productivity”.
As pioneers in Multivariate Data Analysis software products, CAMO Software
offers the most definitive analytical modeling, prediction and optimization
solutions. CAMO’s flagship simulation and prediction software products are
The Unscrambler® and the Product Optimizer.
43
Conax Access Systems Pvt. Ltd.
Contact Person (India)
Mr. Tryggve Arveschoug
(Chief Executive Officer)
Address (India)
B–206
Millennium Plaza
Sector 27
Sushant Lok – I
Gurgaon – 122002
Haryana
Telephone(s) (India)
+91-124-404 5 307
Fax (India)
+91-124-404 5 308
Email (India)
[email protected]
Type of Collaboration
Wholly owned subsidiary
Norwegian Collaborator
Conax AS
Norwegian Participation
100%
Address (Norway)
Conax AS
Kongens gate 8
NO-0153
Oslo
Norway
Telephone(s) (Norway)
+47-22 40 52 00
Fax (Norway)
+47-22 41 70 39
Email (Norway)
[email protected]
Web Address
www.conax.com
Company Profile
Conax AS is a limited company, wholly owned by Telenor AS. Conax AS
develops, produces, operates, supports and markets intelligent cards and
associated systems and services. It has a long experience in the field of smart
cards for pay – TV. Conax is a leading supplier of state-of-the-art conditional
access solutions for digital TV, offering content protection for broadcast via
all kind of networks. As a pioneer in the field of conditional access, Conax
is a globally oriented player, with a solid base of clients in more than 70
countries. The headquarters are in Oslo, Norway. Conax has subsidiaries in
USA, India and Germany and sales & support offices in Russia, Singapore,
China, South Korea, Brazil, and Canada. Conax is ISO 9001 and BS7799
certified.
44
Corporater Asia Technologies Pvt Ltd.
Contact Person (India)
Mr. Madhavan Gopalarathnam
Address (India)
Corporater Asia Technologies Pvt Ltd.
No. 54, Apex Towers
3rd Floor, 2nd Floor
R.A. Puram
Chennai-600 028, TN
India
Telephone(s) (India)
+91-44 6457 5347
+91 9841250836
Fax (India)
[email protected]
Type of Collaboration
Subsidiary
Norwegian Collaborator
Corporater AS
Norwegian Participation
Corporater AS owns 100% stake in
Corporater Asia
Head Office Norway)
Global Head Quarters
• IPARK
P.O. Box 8034N-4068
Stavanger
Norway
• Contact: Mr. Tor Inge Vasshus
Telephones (Norway)
+47 4153 4060
+47 4153 4050 Mobile (Norway)
Web Address
www.corporator.com
Company Profile
Corporater was founded in 2000 when it released its first solution, Balanced
Scorecard Suite. Over the years, its functionality has expanded to include
enterprise reporting, risk management, survey tools, OLAP, among other
related tools. Today, its flagship enterprise solution, Enterprise Performance
Management Suite is in use by over 150,000 licensed users worldwide.
Corporater is a fast growing company, and continues to be included on
Deloitte’s Fast 500 list. With offices in the United States, United Kingdom,
Argentina, India and Norway, our international team of developers is
committed to providing powerful, user-friendly performance management
solutions that are easy to implement and maintain.
45
DiaGenic ASA
Contact Person
Mr. Vinay Batra
Sales and Marketing Director
Address (India)
Super Religare Laboratories Limited
Piccadilly House, 4 th floor
275-276 Captain Gaur Marg
New Delhi – 110 065
Telephone(s) India
+91 11 42295222
Fax (India)
+91-11-41802121
Email (India)
[email protected]
[email protected]
Type of Collaboration
Research and development
Head Office address in
Norway
DiaGenic ASA
Grenseveien 92
NO-0663 Oslo
Telephone(s) Norway
+47 23 24 89 50
Norwegian Collaborator
The National Cancer Hospital
Norwegian Participation
Company Profile
DiaGenic ASA is an innovative Norwegian life sciences company listed on the
Oslo Stock Exchange.
DiaGenic develops blood based tests for the early diagnosis of diseases by
using gene expression technologies. In November 2008 the first diagnostic
assay for early breast cancer detection, BCtect™, was launched in India
in partnership with SRL Diagnostics (formerly known as SRL Ranbaxy).
DiaGenic’s tests for the early detection of breast cancer and Alzheimer’s
disease (ADtect™) will be launched in Europe early 2009.
More info at www.diagenic.com
46
Det Norske Veritas
Contact Person (India)
Mr. Kamal Kumar
Address (India)
Emgeen Chambers
10, C.S.T. Road,
Vidyanagari
Kalina
Santacruz East.
Mumbai 400098, India
Telephone(s) (India)
+91-22-2665 0909 / 2665 4606
Fax (India)
+91-22-2665 1412
Email (India)
[email protected]
Web Address (India)
www.dnvindia.com
Type of Collaboration
Wholly owned subsidiary
Norwegian Collaborator
Det Norske
Norwegian Participation
100%
Address (Norway)
Oslo, Veritasveien 1
1322 Høvik
Norway
Det Norske, Veritas
Telephone(s) (Norway)
+47-67 57 99 00
Fax (Norway)
+47-67 57 99 11
Email (Norway)
[email protected]
Company Profile
DNV is a independent foundation with about 300 offices in 100 countries
across the globe. It is involved with Ship Classification, Maritime Advisory
Services, Training, Management Systems Certification(ISO 9000,ISO14000,QS
9000, TS16949, Tick IT, BS 7799, SA 8000, HACCP, etc) EB Trust Marking,
Product Certification, CE Marking, Inspection Services, Technical Advisory
Services, Safety, Occupational Health, Environment and Quality (SHEQ)
Advisory Services, Technical Risk Management Services and Business Risk
Management Services.
DNV has been approved by UNFCCC to act as validator and as one of the
certifying authorities for projects under clean development mechanism.
It has 12 offices spread across 11 cities in India.
47
DnB NOR Bank, ASA
Contact Person
Mr. Derick Dias
Address (India)
India Representative Office
C/o DBS Office Business Center
Raheja Chambers
213 Nariman Point
Mumbai 400021
Telephone(s) (India)
9122 40509200,
91 9833081929
Fax (India)
9122 22872640
Email (India)
[email protected]
Type of Collaboration
India Representative Office
Norwegian Participation
100%
Norwegian Collaborator
DnB NOR ASA
Address (Norway)
NO-0021 Oslo
Stranden 21, Oslo
Telephone(s) (Norway)
+ 47 915 03000
Mobile (Norway)
Web Address
www.dnbnor.no
Company Profile
DnB NOR ASA is Norway’s largest and most international bank with a
worldwide network of 14 branches and international offices. It is one of the
world’s foremost shipping banks and a major player in the energy sector.
The bank has a presence in Asia since 1970 and has branches in Singapore,
Shanghai and the newly opened representative office at Mumbai in India. It
offers entire gamut of corporate finance, corporate banking, forex/treasury
and cash management solutions to high quality, credit worthy shipping,
offshore, logistics, energy and Nordic customers in Asia.
The representative office in Mumbai will support the Group’s international
growth strategy and will service local corporates in the shipping, offshore,
logistics, energy sectors and also partner & service Norwegian customers in
India.
48
Digimaker India Pvt Ltd
Contact Person (India)
Mr. Sunny Ghosh
Address (India)
No: 500
Unicorn House
Amarjyothi Layout
Domlur
Bangalore – 560071, India
Telephone(s) (India)
+91 80 40 05 43 00
Fax (India)
+91 80 41 25 44 80
Email (India)
Mail: [email protected] /
[email protected]
Contact Person (Norway)
CEO
Mr. Robert Kristiansen
Address (Norway)
P.O. Box 292
4663 Kristiansand S
Norway
Head Office
Sjølystveien 3, 4610
Kristiansand S
Telephone(s) (Norway)
47 381 05 971
Email (Norway)
[email protected]
Company Profile
Founded in 1997, Digimaker offers service and solutions for organizations
looking to leverage the power of .NET.
Digimaker is a Microsoft Gold Certified Partners with extensive knowledge
and experience on .Net platform. Dedicated to a single client, a team uses
technology, tools, processes and methodologies unique to that client in a
software development center in Bangalore, India. We have adapted our agile
development methods and tools to leverage key features of .NET.
Our methods bring clients complete confidence of a successful adoption of
Microsoft’s key technology platform with quality of output. Moving strongly
with highly qualified professionals employed in Kristiansand-Norway
(Corporate office) and dedicated development and research center in
Bangalore, India, Digimaker is well known in the Nordic regions and is now
expanding fast into new international markets with an exciting partnership
model and solution provider in .Net Technology.
49
EFD Induction Ltd.
Contact Person (India)
Hubert Reilard
(Managing Director)
Address (India)
Plot No. 16
C & D KIADB
Industrial Area Attibele
Anekale
Bangalore-562 107
Karnataka
Telephones (India)
+91-80-2782 0404/2782 0509
Fax (India)
+91-80-2782 0405/2782 0591
Email (India)
[email protected]
Type of Collaboration
Fully owned subsidiary
Norwegian Collaborator
EFD Induction ASA
Norwegian Participation
Wholly owned subsidiary
CEO (In Norway)
Mr. Eivin Jorgensen
Address (Norway)
EFD Induction AS
P.O. Box 363
Sentrum
N-3701 Skien
Norway
Telephones (Norway)
+47-35 50 60 00
Fax (Norway)
+47-35 50 60 10
Email (Norway)
[email protected]
Web Address
www.efd-induction.com
Company Profile
The EFD Induction Limited established in 1992, manufactures state of the
art induction heating equipments at its factory in Attibele, Bangalore. The
company also offers heat treatment services for induction hardening and
brazing.
50
Eltek Sgs Pvt. Ltd.
Contact Person (India)
Mr. Krishna Kumar Pant
Address (India)
362, Pace City II
Sector 37
Gurgaon-122001
Harayana
Telephone(s) (India)
+91-124-221 0018 / 19
Fax (India)
+91-124-221 0017
Email (India)
[email protected]
Web Address
www.eltekvalere.com
Type of Collaboration
Joint Venture
Norwegian Collaborator
Eltek Valere AS
Norwegian Participation
>51%
Contact Person (Norway)
Mr. Dag L. Andersen
Vice President Global Operations
Address (Norway)
Eltek Valere AS
Gråterudveien 8
3036 Drammen
Norway
Telephones (Norway)
+47-32 20 32 00
Fax (Norway)
+47-32 20 32 10
Email (Norway)
[email protected]
Web Address
www.eltekvalere.com
Company Profile
It is a joint venture between Eltek Valere AS (Norway) and SGS Tekniks Pvt.
Ltd. India. The company, established in 1997, has an ISO 9002 certification.
The company is involved in manufacturing, marketing, sales and after sales
support of Eltek’s DC power system solutions for telecom applications.
Eltek’s SMPS based DC power systems incorporate latest technology and are
especially designed to meet Indian environment conditions.
51
Goltens India Pvt. Ltd.
Contact Person (India)
Mr Jayanath Subramanian
Country Head
Address (India)
415-417
Crystal Paradise the Mall
Dattaji Salve Marg
(Off Veera Desai Road),
Andheri (W)
Mumbai-400 053
Telephone(s) (India)
+91 22 66755888
Fax (India)
+91 22 66755890
Email (India)
[email protected]
Web Address (India)
www.goltens.com
Type of Collaboration
Network Company
Norwegian Collaborator
Goltens Europe
Contact Person (Norway)
Mr. Finn Moe
Managing Director
Address (Norway)
Stromsvein 195-197,
0668 Oslo
Norway
Telephone(s) (Norway)
+ 47 22 88 39 30
Fax (Norway)
+ 47 22 88 39 31
Website
www.goltens.com
Company Profile
Goltens is a leading provider of specialized repair, maintenance, recondi­
tioning services and trading of engineering components for the worldwide
shipping, offshore marine installations, industrial plants and power
stations.
Goltens is the only independent repair specialist to offer ship owners,
managers and OEMs all-inclusive worldwide service. Each year over 1000
clients including ship-owners, shipyards, industrial plants and power
stations, rely on Goltens to organize, plan and perform critical maintenance
and repair work.
52
Grosvenor Pumps India Pvt. Ltd.
Contact Person (India)
Mr. R. D. Bohra
Address (India)
Grosvenor Pumps India Pvt. Ltd.,
S-31 Ashoka Palace
Jitendra Road
Malad East
Mumbai 400 097
Telephone(s) (India)
+91-22-2871 0175/76
Fax (India)
+91-22-2871 0176
Email (India)
[email protected]
Type of Collaboration
Technical
Norwegian Collabator
Pumperfirma Mapex,
Address (Norway)
P.B. 602-5501
Haugesund
Norway P.B. 602
5500 Haugesund
Norway
Telephone(s) (Norway)
+47-52 71 41 12
Fax (Norway)
+47-52 72 66 40
Web Address
www.grosvenorpump.com
www.mapex.com
Company Profile
This is a technical collaboration for manufacturing centrifugal pumps and the
area of operation spreads across India, Africa and Middle East.
53
Handelsbanken International
Contact Person (India)
Mr. Jonn Ødmann
Address (India)
6th Floor
House Fin Bhavan
C-21, Bandra Kurla Complex
Bandra (E)
Mumbai-400 051
Telephone(s) (India)
+91-22-2657 3826
Fax (India)
+91-22-2657 3829
Email (India)
[email protected]
Web Address (India)
www.handelsbanken.com/in
Type of collaboration
Representative office
Norwegian collaborator
Handelsbanken
Norwegian Participation
Handelsbanken is an Anglo-Nordic Bank
with full bank operation in Norway
Address (Norway)
Rådhusgaten 27,
N-0113 Oslo
Telephone(s) (Norway)
+47 22 94 07 00
Fax (Norway)
+47 22 41 15 24
Company Profile
Handelsbanken operates over 40 branches in Norway. The Indian
representative office opened in 2006, with an aim to facilitate trade between
Norway and India, primarily through documentary credits. The Indian
office facilitates bank accounts, credits (both Rupee and international) and
an internet based cash management service. Indian companies looking for
acquisition targets in Norway should contact the Mumbai office.
Handelsbanken has a large presence in Asia including mainland China,
Taipei, Hongkong, Malaysia and Singapore
54
Hydro Building Systems Pvt. Ltd.
Contact Person (India)
Mr.Unmil Ghosh (Senior Advisor)
Mr. Dipankar Panda (Head Logistics)
Address (India)
736, Eshwari
Industrial Estate
Hulimavu Gate
Bannerghatta Road
Bangalore – 560 076
Telephone(s) (India)
+91-80-2658 9851/52
+91-80-2658 9132/34
Fax (India)
+91-80-2658 9850
Email (India)
[email protected]
Web Address
www.hydro.com
Type of Collaboration
Wholly owned subsidiary
Norwegian Collaborator
Norsk Hydro ASA
Norwegian Participation
100%
Address (Norway)
Street address
Drammensveien 264
N-0283 Oslo,
Norway
Telephone(s) (Norway)
+47-2253 8100
Fax (Norway)
+47-2253 2725
Email (Norway)
[email protected]
Web Address
www.hydro.com
Company Profile
Hydro Building Systems Pvt Ltd. markets aluminium building systems such
as windows, doors, partitions, curtain walls, structural glazing and other
aluminium products of international repute under three world famous brands,
Domal, Wicona and Technal.
55
Ibruk Consulting Pvt. Ltd.
Contact Person (India)
Aruna Panangipally
Managing Director
Address (India)
A-404 Mangalya
Off Marol-Maroshi Road
Opp Marol Fire Station
Andheri (E)
Mumbai – 400059
Telephone(s) (India)
+9122 29204260/1
Fax (India)
+91-22-29204266
Email (India)
[email protected]
[email protected]
Type of Collaboration
Joint Venture
Norwegian Collaborator
Ibruk AS, Norkon AS
Norwegian Participation
Joint Venture with 75% Norwegian
Equity Participation
Contact Person (Norway)
Mr. Stein Tore Johnsen
Address (Norway)
Industritunet
Dyrmyrgata 35
3611 Kongsberg
Telephone(s) (Norway)
+47 920 79000
Mobile (Norway): +47 975 96115
Fax (Norway)
+47 32723301
Email (Norway)
[email protected]
Web Address
www.ibruk.no
Company Profile
ibruk Consulting provides the following services:
• Technical Writing
• Instructional Design and Training Development
• Training in Technical Writing and Business Productivity
Among our valued clients are Reuters Financial Services, IBM, and Johnson
& Johnson, India
You can learn more about us at www.ibruk.in
56
ION Softnet
Contact Person (India)
Peder Floer
Address (India)
E-96, Phase VIII
Industrial Area
S.A.S Nagar
Mohali-160071
Punjab, India
Telephone(s) (India)
+911725063927
Fax (India)
+911722236281
Email (India)
[email protected]
Web Address (India)
www.ionsoftnet.com
Type of Collaboration
Offshoring of IT services to India
Norwegian Collaborator
Ergo Group, Norman,
Libris, Lindorff
BW Gas, Catalyst One
HR Manager,
SYSteam, Zalaris
Norwegian Participation
27% by Peder Floer,35% by Ergo Group.
Contact Person (Norway) Peder Floer
(Sales Director)
Telephone(s) (Norway)
+47 95101321
Email (Norway)
[email protected]
Web Address
www.ionsoftnet.com
Company Profile
‘ION Solutions’ is a multi-national company which provides offshore
‘Software Development and Application Maintenance’ services to other
companies located across the globe. Our core competency lies in delivering
solution engineering, service continuity, technology optimization, and
customized project management. It makes us one of the corporate leaders
in North India. We strive to optimize customer profits by delivering costeffective i.e affordable and scalable solutions. To support this, we implement
the unique ‘Offshore Development Model’ and religiously follow the motto
“Quality our Passion”. So, highest levels of quality, ethics and integrity are
the cornerstones of our business.
‘ION Solutions’ got established in the year 2001, by a group of five ‘technofunctional consultants’. It has a rich history of innovation and growth. The
company’s headquarters is operational from Chandigarh (Mohali) i.e. India.
57
Jash Engineering Ltd.
Contact Person (India)
Pratik Patel
Director
Address (India)
31 Sec-C, Sanwer Road
Industrial Area
Indore - 452 015 (M.P.)
India
Telephone(s) (India)
+91-731-2720143
Fax (India)
+91-731-2720143
Email (India)
[email protected]
Web Address (India)
www.jashindia.com
Norwegian Collaborator
Hollung Group AS, Norway
Norwegian Participation
(%), if Joint Venture
None
Contact Person (Norway) Jan Vidar Markussen
Sales Director
Address (Norway)
Haldenveien 6
1631 Gamle
Fredrikstad
Norway
Telephone(s) (Norway)
+47 69 35 20 20
Fax (Norway)
+47 69 35 20 21
Email (Norway)
[email protected]
Company Profile
Jash Engineering Ltd., established in the year 1948 is an ISO-9001: 2000
company manufacturing wide range of equipment used in water and waste
water industry like Penstocks / Sluice gates, Open channel gates, Weir gates,
Flap gates, Stop logs, Knife gate valves, Step screens, Drum screens, Raking
screens, Static screens and Butterfly valves. The company also manufactures
a wide range of Slide gate valves, Swing valves, Double flap valves and
custom designed valves for handling critical bulk solids in varied industry
like power, petrochemical, mining, chemical, paper and pulp etc.
With over 5 decades of experience, JASH is an industry leader with the largest
market share within India for most of the products manufactured by it. Jash is
an approved supplier in many countries worldwide and exports its products
to over 20 countries. Jash offers a single stop solution to its clients by offering
the most varied range of these products and in largest possible sizes.
58
Jeppesen Norway AS
Contact Person (India)
Capt. Raj Shekhar Chakravorty
Address (India)
505 Raheja Arcade
Sector 11, CBD
Belapur, 400 614
City: Navi Mumbai, India
Telephone(s) (India)
+91 22 6510 3668
Fax (India)
+91 22 6793 9504
Email (India)
[email protected]
Norwegian Collaborator
The Mumbai office looks after the Indian
market for Jeppesen Norway
Contact Person (Norway) Willy Zeiler
Marketing Manager
Address (Norway)
P.O. Box 212
4379 Egersund
Norway
Telephone(s) Norway
+ 47 51 46 47 00
Mob. + 47 90 66 70 36
Fax (Norway)
+47 51464701
Email (Norway)
[email protected]
Web Address
www.jeppesen.com
Company Profile
Jeppesen Marine is a provider of global navigational service designed to meet
the needs of merchant marine vessels operating worldwide.
Jeppesen Marine’s primary goal is to provide navigators around the world
with all nautical information necessary for safe navigation, and its strategy is
based on co-operation with national Hydrographic Offices and the support of
ECDIS and ECS manufacturers and end users.
59
Jotun India Pvt. Ltd.
Contact Person (India)
Claes Jansson
Address (India)
204 & 205, Ascot Centre
Sahar Road
Andheri (East)
Mumbai 400 099. India
Telephones (India)
+91-22-28224600
Fax (India)
+91-22-2820 5900
Email (India)
[email protected]
Type of Collaboration
Wholly owned company
Norwegian Collaborator
Jotun A/S
Norwegian Participation
100%
Contact Person (Norway) Vidar Vllenrod
Group Vice President (Communication)
Jotun Group Worldwide
Address (Norway)
Postboks 2021
3248 Sandefjord
Telephones (Norway)
+47-33 45 70 00
Fax (Norway)
+47-33 45 72 42
Email (Norway)
[email protected]
Web Address
http://www.jotun.com
Company Profile
The Jotun Group is one of the world’s leading manufacturers of paints and
powder coatings, with 71 companies and 40 production facilities on all
continents. In addition Jotun has agents, sales offices and distributors in
more than 70 countries. Jotun develops, produces and sells cost-effective
paint and coatings products, and provide customer service and technical
support to residental, marine and industrial markets worldwide. Head office
is located in Sandefjord, Norway. Jotun is now having a production plant
in Ranjangaon near Pune in India. Jotun produces both liquid and powder
coatings to the IT, oil & gas, shipping sectors among many others.
60
Kongsberg Process Simulation Pvt. Ltd.
Contact Person (India)
Mr. Ola Petter Tollefsen
Ms. Arti Shetty
Address (India)
Ajanta Executive Centre
8, Juhu Tara Road
Mumbai – 400049
Telephones (India)
(P)+91-22-2660 3666 /
(F)+91-22-2660 5095
Fax (India)
+91-22-2660 5095
Email (India)
[email protected]
[email protected]
Type of Collaboration
Subsidiary
Norwegian Owner
Kongsberg Maritime AS
Norwegian Participation
100% subsidiary
Contact Person (Norway)
Torfinn Kildal, CEO
Address (Norway)
Kirkegaardsveien 45
P.O. Box 483
NO-3601 Kongsberg
Norway
Telephones (Norway)
+47-3228 5000
Fax (Norway)
+47-3228 5010
Email (Norway)
[email protected]
Web Address
www.km.kongsberg.com
Company Profile
Kongsberg Process Simulation Pvt. Ltd. (KPSPL) Mumbai is a subsidiary
of Kongsberg Maritime AS Norway. Established in Jan 2006, the company
is an offshore project execution centre especially for Kongsberg Maritimes’
business areas like process simulation, process automation and software
development.
61
Mareva Engineering Pvt. Ltd.
Contact Person (India)
Mr. Anil Pagar (Manager)
Address (India)
1st Floor
8 Juhu Tara Road
Santa Cruz
Ajanta Executive Centre
Mumbai – 400 049
Telephone(s) (India)
+91-22-2660 9203
+91 9967362347
Fax (India)
+91-22-2660 8790
Email (India)
[email protected] / [email protected]
Type of Collaboration
Wholly owned subsidiary
Norwegian Collaborator
Mareva A/S
Norwegian Participation
100%
Address (Norway)
Postbox 1026
N-3601, Kongsberg
Telephones (Norway)
+47-32 28 66 00
Fax (Norway)
+47-32 28 66 11
Email (Norway)
[email protected]
Web Address
http://mareva.no
Company Profile
Mareva has started its operation in January 2006 in India, by Mareva As. We
are offering designing, engineering and manufacturing services to European
markets. We are offering services through the Engineering services (MES) &
Mareva Manufacturing & outsourcing services (MEOS). With these services,
we would like to give our customer one stop solution.
Our Mission
Mareva Engineering Pvt. Ltd. provides world class engineering & manufacturing
outsourcing to mechanical engineering industries in a professional manner
to result in quality and timely output while elevating our people and our
company in trustworthy & ethical manner.
Vision
Mareva Engineering Private Ltd. will be the preferred provider of Engineering
services and component outsourcing provider.
62
Nera Telecommunications (I)
Pvt. Ltd.
Contact Person (India)
Raja Sharma
Postal Address (India)
2nd Floor, 256 Okhla
Industrial Estate, Phase – (III)
New Delhi – 110 020
Telephone(s) (India)
+91-11–2631 0705
Fax (India)
+91-11–2631 1264
Email (India)
[email protected]
Type of Collaboration:
Subsidiary
Norwegian Collaborator
Nera ASA
Norwegian Participation
Subsidiary
Address (Norway)
Nera Networks AS
Kokstadveien 23
PO Box 7090
5020 Bergen, NORWAY
Telephone(s) Norway
+47 55 22 51 00
Fax (Norway)
+47 55 22 52 99
Email (Norway)
[email protected]
Web Address
www.nera.no
Company Profile
Nera has been present in India since 1992 and has been doing business in
Transmission and SatCom areas of Telecom.
In Transmission segment, Nera supplies Digital Microwave equipment - SDH
and PDH – to Cellular and Basic Services Operators, both directly as well as
through all major Integrators. Transmission services include Radio Surveys,
System Engineering, Installation, Commissioning and maintenance services.
In SatCom segment, Nera is the largest supplier of Inmarsat based satellite
phones in India. Nera supplies satellite terminals to all major government
departments including DoT, Defence, Home Ministry, Oil & Gas, Power and
Railways organisations. Also, Inmarsat VSNL Land Earth Station in India is
supplied and maintained by Nera.
63
Norwegian Engineering and
Consulting Pvt. Ltd.
Contact Person (India)
Inger Reime
Manager
Address (India)
Norwegian Engineering and
Consulting Pvt. Ltd.,
Alpha building 3rd floor
301/A, Hiranandani
Business Park, Hiranandani
Gardens, Powai-400 076
Mumbai
Telephone(s) India
+91 (0) 22 40 26 09 61
Mobile: 0 99 20 93 17 70
Fax (India)
+91 0 22 40 26 09 59
Email (India)
[email protected]
Web Address
http://india.necon.no/
Noregian Collaborator
Norwegian Engineering and Consulting
Contact Person (Norway)
Morten Leikvoll
Managing Director
Address (Norway)
Kokstaddalen 23
Telephone (Norway)
+47 55 98 08 00
Email (Norway)
[email protected]
[email protected]
Web Address
http://necon.no
Company Profile
NECON (Norwegian Engineering and Consulting) was established in Bergen
in 2004, at Kokstad in Bergen, Norway, as a supplier of competence services
to the oil & gas industry and other industry segments. The Board of Directors
has various backgrounds within engineering and several years of industry
experience. After its establishment, NECON has opened branch offices in
Oslo, Trondheim, Kristiansand, Stord, Haugesund and Stavanger, as well as
a subsidiary company in Mumbai, India. Due to high demand its markets
for NECON’s services, the company has experienced the best economical
growth in the market in 2006. To date, NECON consists of 280 engineers and
co-workers.
64
Odfjell Asa India
Contact Person (India)
Address (India)
Telephone(s) (India)
Fax (India)
Email (India)
Type of Collaboration
Norwegian Collaborator
Norwegian Participation
Address (Norway)
Telephone(s) (Norway)
Fax (Norway)
Email (Norway)
Web Address
Company Profile
Sudesh Kamath (Vice President)
A-26,Nandbhavan Industrial
Estate; Mahakali Caves Road;
Andheri East, Mumbai–400 093
+ 91 22 6695 4701 / 02 / 03
+ 91 22 6695 4707
[email protected]
Liaison Office in India
Odfjell Seachem ASA
Liaison Office
Conrad Mohrs VEG 29
P.O. Box 6101, Postterminalen
5892 Bergen, Norway
+47 5527 0000
+47 5528 4741
[email protected]
http://www.odfjell.no
Odfjell is a leading company and a true logistics service provider in the global
market for transportation and storage of chemicals and other speciality
bulk liquids as well as edible oils. Originally set up in 1916, the company
pioneered the development of the parcel tanker trades in the middle of 1950’s
and tank storage business in the late 1960’s. Odfjell owns and operates
about 100 parcel tankers in global and regional trade as well as a network of
tank terminals. Odfjell got itself listed on the OSLO stock exchange in 1986,
followed by International Share Issue in 1989.
We are aiming at offering true logistics services to our customers world-wide
through efficient and safe operations of deep sea and regional parcel tankers
and tank terminals.
The Odfjell Indian office is responsible for marketing Odfjell & its services in
Indian subcontinent i.e India, Pakistan, Sri Lanka and Bangladesh. To cater
to the subcontinent, Odfjell has a monthly sailing each from U.S., Gulf, North
West Europe and South East Asia to west coast India - Pakistan. In addition
to this, Odfjell is active in picking up export cargoes from west coast India to
various global destinations.
Odfjell also provides regular service with phosphoric acid from North and
South Africa to various ports in India. It is one of the most active chemical
parcel tanker owner in this part of the world.
65
Opera Software India Pvt. Ltd.
Address (India)
SCO 370, Second Floor,
Sector 8, Panchkula - 134 108
Chandigarh
Tricity, Haryana, India
Telephone(s) (India)
+91 172 4652917
Web Address (India)
in.opera.com
Contact Person
(Norway)
Mr. Jon S. von Tetzchner
Co-founder – CEO
Mr. Tor Odland
Communications Director
Tel: +47 2416 4242
Email: [email protected]
Ms. Julie Sajnani
Communications Manager
Tel: +47 2416 4355
Email: [email protected]
Address (Norway)
Opera Software ASA
Waldemar Thranes gate 98
NO-0175 Oslo
Mailing Address
(Norway)
Opera Software ASA
P.O. Box 2648, St Hanshaugen
NO-0131 Oslo, Norway
Telephone(s) (Norway)
+47 24 16 40 00
Fax (Norway)
+47 24 16 40 01
Web Address
http://www.opera.com
Company Profile
Opera started in 1994 as a research project inside Norway’s largest telecom
company, Telenor. Within a year, it branched out into an independent
development company named Opera Software ASA.
Today, Opera Software develops the Opera Web browser, a high-quality,
multi-platform product for a wide range of platforms, operating systems and
embedded Internet products – including Mac, PC and Linux computers,
mobile phones and PDAs, and game consoles and other devices like the
Nintendo Wii and DS, Sony Mylo and more.
Opera’s vision is to deliver the best Internet experience on any device.
Opera’s key business objective is to earn global leadership in the market
for PC/desktops and embedded products. Opera’s main business strategy is
to provide a browser that operates across devices, platforms and operating
systems, and can deliver a faster, more stable and flexible Internet experience
than its competitors.
66
Orkla India Pvt. Ltd.
Operating Companies: Elkem and Borregaard
Contact Person (India)
Mr. Kshemendranath P.
Address (India)
307/308-B Wing
BSEL Tech Park
3rd floor, Opp. Vashi
Railway Station
Sector-30A, Vashi
Navi Mumbai-400 705
Maharashtra
Telephone(s) (India)
+ 91-22-6776 1900
Fax (India)
+ 91-22-6776 1999
Email (India)
[email protected]
Norwegian Owner
Orkla ASA
Norwegian Participation
100%
Address (Norway)
P.O. Box 423 Skøyen
NO-0213
Oslo, Norway
Telephone(s) Norway
+47 22 54 40 00
Company Profile
Elkem, Borregard and Orklain India have merged into one company Orkla
India Pvt.Ltd. Elkem is one of Norway’s largest industrial companies, and one
of the world’s leading suppliers of metals and materials. The group actively
develops world class industrial technology. Metals and materials from Elkem
are essential in the manufacturing of a wide range of products needed in
today’s society. These products maintain the highest quality standards and
are in demand in a steady growing market. The main products are silicon
metal, aluminium, hydropower, ferro and foundry alloys, carbon, microsilica
and ceramite. Borregaard is a chemical company with strong global position
in selected niches of organic chemicals. Its core business areas include
Speciality Chemicals, Fine Chemicals and Ingredients. The product range
in speciality chemicals business include dispersing and binding agents
based on lignin, several grades of wood cellulose for food, pharmaceuticals,
lacquers, glue. plastic & textile applications. Fine chemicals include complete
range of vanillin, diphenols & derivatives used in manufacturing of agro &
photo chemicals, antioxidants, polymer inhibitors and fine chemicals for
pharmaceutical, aroma & other selected markets. Orkla Group is the leading
supplier of branded consumer goods to the Nordic grocery market, and
operates in the branded consumer goods, materials, renewable energy and
financial investment sectors.
67
OutSmart 360
Contact Person (India)
Suraj Padmanabhan
Team Leader
Address (India)
Star Avenue
82 Nandidurga Road
Benson Town
Bangalore 560046
Telephone(s) (India)
91 9880304646 (Mobile)
91 80 4128 9827
Fax (India)
91 80 4128 9827
Email (India)
[email protected]
Address (Norway)
Østensjøveien 34
0667 Oslo
Telephone(s) (Norway)
+47 21 54 75 81
Fax (Norway)
+47 93 37 02 00
Web Address
www.outsmart360.com
Company Profile
OutSmart360 established its first offshore software and technology
development and global services centre in Bangalore, India. Bangalore is
known as the hi-tech capital or silicon-valley of India and is home to some of
the largest multinational and Indian software development companies.
OutSmart360 specifically chose India to leverage cost advantages. Hourly
wage rates of labor in India – including those of software and analyst related
personnel are much lower than in most of Western Europe and around the
world.
India is also home to the world’s largest English speaking population,
only second after the United States of America. Our Scandinavian project
managers and customers use English as the common language to interact
with the Indian development teams on various projects. All our personnel are
well educated with advanced degrees and come with proven technical and
domain experience. India offers a vast pool of such trained technical manpower, allowing us to hire the relevant and required teams for our customers
and their projects.
The Indian legal system and labor laws are strong, and we ensure that all our
people – including those who work exclusively for our clients are taken care
from these perspectives.
68
SAR Chandra Environ Solutions Pvt. Ltd.
Contact Person (India)
Ravi SRS Sastry (MD)
Address (India)
2nd Floor, 2nd Block
Subhadra Arcade
Bhanugudi Junction
Kakinada-533003 (AP)
India
Telephone(s) (India)
+91 884 2343063 / 64 / 65 / 66
Fax (India)
+91 884 2343062
Email (India)
[email protected]
Type of Collaboration
50% joint venture of Chandra Group with
SAR AS
Norwegian Participation
Norwegian equity 50%
Contact Person
Mr. Jan Arild Wathne
(General manager)
[email protected],
Mr. Øyvind Jensen
(Vice President)
[email protected]
Address (Norway)
Oljevn 5
4056 Tananger
Norway
Telephone(s) (Norway)
+47-5194 4441(Direct),
+47-51944390
+47-51944444
Mobile No (Norway)
+47-97 41 11 21,
+47-95 92 96 60
Fax (Norway)
+47-51-94 44 40
Email (Norway)
[email protected],
[email protected]
Web Address
www.sargruppen.no
Company Profile
Company is basically supporting oil & gas drilling operations and waste
management in India.
69
SAS
Contact Person (India)
Lennart Paulsson
Address (India)
SAS office
Thapar House
Janpath 124
New Delhi 110 001
Telephone(s) (India)
+91 (0) 11 43513201
Fax (India)
+91 (0) 11 43513206
Email (India)
[email protected]
Type of Collaboration
Airline transportation
Address (Norway)
SAS
Fornebuveien 40
N-1366
Lysaker
Telephones (Norway)
+47 6481 6050
Web Address
www.sas.se
Company Profile
SAS, Scandinavian Airlines System is one of the world’s largest airline
groups. More than 40 million passengers flew with SAS Group airlines during
the year 2007. As the national carrier of not one, but three of the World’s
most contemporary, innovative and modern countries, Scandinavian Airlines
prides itself representing the region well. The SAS slogan “It’s Scandinavian”
encompasses everything that Scandinavian Airlines represents from Internet
Check-in, some of the most modern airports in the word as main hubs
(Copenhagen, Oslo and Stockholm), and unique lounges to the renowned
Scandinavian world cooking onboard with Scandinavian design throughout
the aircraft giving more legroom, no matter where you sit.
Scandinavian Airlines International is the long haul operator of SAS with 1.4
million passengers per year. The fleet consists of 11 Airbus 330/340 which
serves 11 destinations – New York, Chicago, Washington, Seattle, Bangkok,
Beijing, Tokyo, Dubai, Delhi, Copenhagen and Stockholm.
70
Schiffer Menenzes India Pvt. Ltd.
Contact Person (India)
Mr. Cedric Menezes (M.D.)
Address (India)
Plot No: L-27,Phase II A
Verna Industrial Estate
Verna Salcete,
Goa – 403722, India
Telephone(s) (India)
+ 91-832- 6680 193-96
+ 91-832- 6666 941-41
Mobile (India): + 91-98221 03591
Fax (India)
+ 91-832 5680 199
Email (India)
[email protected]
Type of Collaboration
Joint Venture Partnership
Norwegian Collaborator
Jordan AS
Company Profile
Jordan is one of the world’s leading companies in preventive oral care. The
company is owned by Jordan family since it was established in 1873 with its
Head Office in Oslo, Norway. Schiffer Menezes India Pvt. Ltd. manufactures
and market toothbrushes under the brand name “Jordan” in India.
71
Span Infotech
Contact Person (India)
Mr. G.L. Pradeep
(Co-founder & Managing Director)
Mr. Prakash Grama
(Co-founder & CEO)
Mr. Naveen Bannur (VP Marketing)
Address (India)
Span InfoTech
Corporate Office 18/2
Vani Vilas Road Basavanagudi
Bangalore 560 004
Telephone(s) (India)
+91-80 - 4021 9600
Fax (India)
+91-80 - 4021 9632
Email (India)
[email protected],
[email protected]
Type of Collaboration:
Financial Investment
Norwegian Collaborator
EDB Business Partner ASA
Norwegian Participation
50.1%
Contact Person
Endre Rangnes (CEO)
Address (Norway)
EDB Business Partner ASA,
Gullhaug Torg 4A
N-0484 Oslo
P.O. Box 4718 Nydalen
N-0421 Oslo
Telephone(s) (Norway)
+47-22-52 80 80
Fax (Norway)
+47-22-77 21 14
Email (Norway)
[email protected]
Web Address
http://www.edb.com
Company Profile
Span Infotech, based in Bangalore, focuses on applications development
and applications management. The company has some 550 employees and
annual revenues of US$7.8 million. The acquisition was initially announced
in October, and EDB Business Partner said at the time that the acquisition
was a part of its efforts to build up a global sourcing strategy. The purchase
price for the 50.1% stake in Span InfoTech was US$3.8 million plus an earnout.
72
Statkraft Norfund Power Invest AS
Contact Person (India)
Bidyut Shome (Country Head)
Address (India)
C1 Sector 2
Noida - 201 301
NCR- Delhi
Telephone(s) (India)
+91- 120 4605100
+91- 9958691224
Fax (India)
+91- 120 4215428
Email
[email protected]
Type of Collaboration
Financial/Industrial Investment
Norwegian Collaborator
Statkraft and Norfund
Lileakerveien 6,
P.O. Box200 Lilleaker
N – 0216 Oslo
Norway
Norwegian Participation
49% with Malana Power Company Limited
Company Profile
SNPower (Statkraft Norfund Power Invest AS), established in 2002, is a
Norwegian limited company owned by Statkraft SF and Norfund (Norwegian
Investment Fund for Developing Countries). Statkraft SF is a 100% state
owned utility and Norway’s largest power company with more than 12,000
Mega Watt installed hydropower capacity and 40 TW-h annual generation.
Statkraft SF is also a significant player in the European electric power
market, with trading offices in Germany and the Netherlands. Norfund is a
leading Norwegian risk capital investor in emerging markets, funded by the
Norwegian government, and closely cooperating with other international
inv­e­stment funds. SN Power’s vision is “to become a leading hydropower
company in emerging markets, contributing to economic growth and sust­
ainable development”
SN Power has a liaison in New Delhi who is promoting the company’s business
in India. SN Power has signed a partnership agreement with Bhilwara Group
by holding 49% equity in its 86 MW Malana Hydro Electric Plant and 192
MW Allain Duhangan Hydro Electric Project starting construction in January
2005. SN Power is looking for more investments in this sector.
73
Stepstone India Pvt. Ltd.
Contact Person (India)
A. Sudhakar
Address (India)
Kakani Towers
34 Khader Nawaz Road
Nungambakkam
Chennai–600 006
Telephone(s) (India)
+91- 44 – 2820 7070
Fax (India)
+91- 44 – 2820 7171
Email (India)
[email protected]
Type of Collaboration
Wholly owned subsidiary
Norwegian Collaborator
Stepstone
Norwegian Participation
100%
Company Profile
Stepstone is Europe’s largest e-recruiting website. It started its operations in
India in 2000-01 and has offices in different parts of the country. In India, the
company offers its services in an off-line mode.
74
Tandberg
Contact Person (India)
Mr. Dinesh Sehgal
Address (India)
Tandberg India Pvt. Ltd
Gesco Corporate Center
The Great Eastern Center
70 , Nehru Place,
New Delhi- 110019
Telephone(s) (India)
+91- 11- 26419597
26419757
Cell No. +91-9810271598
Fax (India)
+91- 11- 66619413,
26209413
Email (India)
[email protected]
Type of Collaboration
Pvt Ltd Company
Norwegian Collaborator
Tandberg
Norwegian Participation
100% subsidiary for APAC
Company Profile
Since 1989, Tandberg has been a global leader in visual communication.
From end-to-end high definition and firewall traversal to integrated desktop
solutions for the mobile worker, we are consistently the first to deliver fresh
functionality to our users. Our flexible, standards-based solutions grow with
you.
Tandberg has dual headquarters in Oslo, Norway, and New York, USA, with
close to 1,000 employees across the globe. Our installations can be found in
over 90 countries and are supported by a comprehensive partner network for
expert local sales and service. Tandberg is publicly traded on the Oslo stock
exchange (TAA.OL).
75
Vik-Sandvik Design India Pvt. Ltd.
Contact Person (India)
Mr. G. Janakiraman
Vice President
+91-9940081117
Address (India)
20/43, Kasturi Ranga Road
Trident, First Floor
Alwarpet
Chennai – 600 018
Telephone(s) (India)
+91 44-4297 2000
Fax (India)
+91 44-4297 2022
Email (India)
[email protected]
[email protected]
Type of Collaboration
Joint Venture
Norwegian Collaborator
Mr. Svein Sandvik
Managing Director
Vik-Sandvik AS
5419 Fitjar, Norway
Norwegian Equity
50%
Indian Collaborator
Mr. Kulpreet S. Sahni
MDL Energy Pvt. Ltd.
E-47/5, Okhla Industrial Area
Phase-II
New Delhi - 110 020
Company Profile
Vik-Sandvik Design India Pvt. Ltd. is a joint venture between Vik-Sandvik
AS and MDL Energy Pvt. Ltd. dedicated to offer services in the area of ship
design. The company offers independent consultancy services in the areas of
• Concept, basic and classification design
• Detailed engineering and production drawings
•3D modeling
• Complete analysis for stability and structure
• Construction supervision
• Specification services
Vik-Sandvik Design India Pvt Ltd. offers a range of services to the maritime
community, based on expertise and innovation utilizing progressive and
advanced technology.
76
Wilhelmsen Maritime Services Pvt. Ltd.
Contact Person (India)
Mr. Nitin Potdar (Sr. Manager)
Address (India)
Rupam Building
5th Floor
239 P. D. Mello Road
Fort Mumbai–400001
Telephones (India)
+91-22-2264 0140
Mobile No: +91-98 9230 0461
Fax (India)
+91-22-2264 0147 / 48
Email (India)
[email protected]
Type of Collaboration
Wholly owned subsidiary
Norwegian Owner
Wilh. Wilhelmsen AS
Norwegian Participation
100%
Address (Norway)
Strandveien 20
Lysaker
Norway +47 67584000
Company Profile
The company offers ship agency services at 20 ports all over India per month
with area office in Mumbai. The company specializes in ship Agencies/ Liner
Agents/ Tramp and Tanker Vessels / Logistics and Projects in all India Ports.
77
Wilhelmsen Ship Management
(India) Pvt. Ltd.
Contact Person (India)
Mr. Medepalli Srinath (General Manager)
Address (India)
31/32, Apple Heritage
Plot No. 54 – C
Sir Mathuradas Vasanji Road
Andheri (E)
Mumbai – 400093
Telephone (India)
+91-22-3088 2750
Fax (India)
+91-22-5678 4675
Email (India)
[email protected]
Type of Collaboration
5 wholly owned offices in India
Norwegian Collaborator
Wilh. Wilhemsen ASA
Norwegian Participation
100% Ownership
Contact Person (Norway) Mr. Cecilie Stray (Group vice president)
Corporate Communication
Address (Norway)
Strandveien 20
NO-1366 Lysaker
P.O.Box 33
NO-1324 Lysaker
Norway
Telephones (Norway)
+ 47-67 58 40 00
Fax (Norway)
+ 47-67 58 40 80
Email (Norway)
[email protected]
Company Profile
Wilhelmsen Ship Management is one of the world’s largest providers of thirdparty ship management services. With an extensive range of solutions to all
vessel segments on a global level, we can offer you the management services
that you want – when and where you need them. Our ship management
services include technical management, crew management and training,
technical consultancy, insurance, commercial management, engineering
consultancy and IT solutions. Headquartered in Oslo, Norway, we provide
local service around the world based upon a global network of offices and
key staff. Wilhelmsen Ship Management is a division of Wilhelmsen Maritime
Services, which combines Wilhelmsen Ship Management’s ship management
services with port services, logistics, marine equipment and products to offer
efficient solutions to the global maritime industry. Our operations are based
on strict quality management systems
78
Representations and
Technical Collaborations
Non Shipping
80
Hallvard Leroy As/
Celestial International
Contact Person (India)
S.S. Malik / Arun Puri
Address (India)
Celestial International
H-35/1, Connaught Place
New Delhi–110 001
Telephone(s) (India)
+91 – 11 – 2371 7113
Fax (India)
+91 – 11 – 2371 7112
Email (India)
[email protected]
Address (Norway)
Bontelabo 2
P.O. Box 7600,
N-5020, Bergen
Norway
Telephone(s) (Norway)
+47- 55 21 36 50
+47 - 55 21 36 73
Fax (Norway)
+47- 55 32 03 08
Web Address
www.leroy.no
Company Profile
Celestial International represent Hallvard Leroy AS in India to sell their fish
products, especially the Salmon.
81
Marine Harvest AS/
Resource International Pvt.ltd
Contact Person (India)
Anupam Dev, Managing Director
Rakesh Banga, Director Operations
Address (India)
Resource International Pvt. Ltd.
75 Link Road
Lajpat Nagar 3,
New Delhi 110 024
Telephone(s) (India)
+91–11–4155 0393
Fax (India)
+91–11–2984 8826
Email (India)
[email protected]
[email protected]
Address (Norway)
Sandviksborder 66
PO Box 4102
Dreggen
N-5835
Bergen, Norway
Telephone(s) (Norway)
+47- 55 54 72 00
Fax (Norway)
+47- 55 54 72 80
Email (Norway)
[email protected]
[email protected]
Company Profile
The company, Resources International Pvt. Ltd., is an exclusive India
representative for sale of Norwegian Seafood, especially the Salmon.
82
Maxit AS/
Aventura Components Pvt. Ltd.
Contact Person (India)
Kamal Tiwari
(Chief Operating Officer)
Address (India)
Aventura Components Pvt. Ltd.
A-1/152 Neb Sarai
Ignou Road,
New Delhi - 110 068, India
Telephone(s) (India)
+91-11-2953 1288 / 89 / 90,
+91 98103 67527
Fax (India)
+91-11-2953 1291
Email (India)
[email protected] in
Website
www.aventura.co.in
Address (Norway)
Po. Box 216 Alnabru
Brobekkveien 84
0614 Oslo, Norway
Telephone(s) Norway
+47 22 88 77 00
Fax (Norway)
+47 22 64 54 54
Email (Norway)
[email protected]
Company Profile
A leader in the Indian water industry, Aventura strives to make its customers
adaptive enterprises in the long run to enable them to meet business challenges
through capitalizing on opportunities for leveraging business growth.
For Aventura, a product sold is not the end but the beginning of an ongoing
relationship. Armed with a sharp focus duly translated through product
innovation, a result of constant customer feedback, Aventura lives up to its
promise day-in and day-out.
Even a small problem is given utmost attention as it treats its customers
as partners to progress. Progress, that is portrayed through an increasing
customer base, a clear reflection to its deep sense of commitment and
attitude.
83
Norinco Pvt. Ltd.
Contact Person (India)
Address (India)
Telephones (India)
Fax (India)
Email (India)
Website
Company profile
Mr. George Mathew, (M.D)
Norinco Private Limited
301-302, Orbit Plaza
Behind Chaitanya Towers
Off Appasaheb Marathe Marg
New Prabhadevi Marg
Prabhadevi, Mumbai - 400 025
+91- 22- 243897 12 / 13/ 17
+91- 22- 24389715
[email protected]
[email protected]
www.norinco.co.in
Our business interests cover a wide spectrum of engineering industries: metallurgy
and cement, marine and oceanography, offshore and shipbuilding industries,
Project management services, annual maintenance contracts, special products.
Companies Represented in India by NORINCO
ABB Marine AS
Aeron A/S
Air Products AS
ENWA Water Treatment
Frank Mohn AS
Hydro Norinco Electrolysers Pvt. Ltd.
Kongsberg Process Simulation Pvt Ltd (KPSPL)
Kongsberg Maritime India Pvt Ltd
Nautic Systems AS
Norac AS
Norsafe AS
Scancem Chemicals AS
Ship Equip AS
Skipper Electronics AS
STX Norway Offshore AS
Team Tec AS
TTS Handling Systems
TTS Marine ASA
Vetco Aibel
84
Companies Represented in India by NORINCO
ABB Marine AS
Address (Norway)
Bergerveien 12
PO Box 94
NO 1375
Billingstad
Norway
Company Profile
Electric Propulsion, electrical drilling drives, system engineering for offshore
drilling rigs
«
Aeron AS
Contact Person (Norway) Mr. Bjorn Tore Nyland
Address (Norway)
Strandgaten 22
4400 Flekkefjord
Norway
Telephone(s) (Norway)
+ 47 38 32 78 00
Fax (Norway)
+ 47 38 32 78 01
Company Profile
HVAC Systems, Air handling unites, Marine Cabin units, Spiropipe system,
Refrigeration units, Air conditioners, marine fans, Centrifugal & Axial fans,
Explosion proof fans, Droplet separators, Louvres and Defroster nozzle.
85
Companies Represented in India by NORINCO
Air Products AS
Address (India)
Email (India)
Telephone (India)
Fax (India)
Norwegian Collaborator
Contact Person (Norway)
Address (Norway)
Telephone(s) (Norway)
Fax (Norway)
Email (Norway)
Web Address
INOX Air Products Ltd.,
7th Floor, Ceejay House
Dr. A.B. Road, Worli, Mumbai-400 018
[email protected]
+91 (0)22 40323195 / 40323960
+91 (0)22 40323191 / 40323991
Air Products AS
Per Svein Fløe (Managing Director)
Air Products AS,
Lumberveien49, P.O.Box 8100, Vaagsbygd,
N-4675, Kristiansand S., Norway
+47-38-03 99 71 / +47-38-03 99 00,
+47-38-03 99 06 (M.D)
+47-38-01 55 05 / +47-38-01 11 13
[email protected]
[email protected]
www.airproducts.no
«
ENWA Water Treatment
Address (Norway)
PO Box no. 257
Forus 4066
Stavanger
Norway
Telephone(s) (Norway)
+ 47 51634300
Fax (Norway)
+ 47 51634301
Company Profile
RO Water maker, Water Filter
86
Companies Represented in India by NORINCO
Frank Mohn AS
Address (Norway)
P.O. Box 98 Slåtthaug
N-5851 BERGEN, Norway
+47-55-99 94 00
+47-55-99 95 81
[email protected], [email protected]
www.framo.no
Telephones (Norway)
Fax (Norway)
Email (Norway)
Web Address
Company Profile
Frank Mohn AS is the leading supplier of submerged cargo pumps to the world
tanker market. The company was founded in 1938 and is located outside
Bergen in Western Norway. The submerged cargo pump was developed by
Frank Mohn AS in close cooperation with the chemical tankers operators
during the sixties. The Frank Mohn AS range of products also includes
transportable pumping systems, oil-recovery equipment, anti-healing systems
and offshore pumping systems. All products are manufactured in Norway.
Suppliers of cargo pumps, fire pump systems, oil recovery systems.
«
Hydro Norinco Electrolysers Pvt. Ltd.
Contact Person (India)
Address (India)
Telephones (India)
Fax (India)
Email (India)
Type of Collaboration
Norwegian Collaborator
Norwegian Participation
Mr. Nandan Tavanandi
301 & 302, Orbit Plaza
3rd floor, New Prabhadevi Road
Prabhadevi, Mumbai 400025
+91-22-24389712 / 9713 / 9717
+91-22-24389715
[email protected]
Financial and Technical Joint Venture
Norsk Hydro Electrolysers AS
51%
Contact Person (Norway) Christopher Kloed, (President CEO)
Address (Norway)
Telephone(s) (Norway)
Norsk Hydro Electrolysers AS
Heddalsveien 11, N-3671 Notodden
Norway
+ 47 51 99 00 00
Email (Norway)
[email protected]
Web Address
www.electrolysers.com
87
Companies Represented in India by NORINCO
Kongsberg Process Simulation Pvt Ltd
(KPSPL)
Contact Person (India)
Kishore S, Managing Director
Address (India)
Ajanta Executive Centre
8 Juhu Tara Road, 400 049
Mumbai, India
Telephone(s) (India)
+91-22-2660 3666
Fax (India)
+91-22-2660 5095
Email (India)
[email protected]
Type of Collaboration
Subsidiary
Norwegian Collaborator
Kongsberg Maritime AS
Norwegian Participation
100%
Address (Norway)
Kongsberg Maritime AS
Kirkegårdsveien 45
P.O. Box 483, NO-3601
Kongsberg, Norway
Telephone(s) (Norway)
+47-32-28 82 00, +47-32-28 50 00
+47-81-53 53 55 (D)
Fax (Norway)
+47-32-28 64 10, +47-32-28 50 10
Email (Norway)
[email protected]
[email protected]
Web Address
www.konsberg.com
Company Profile
KPSPL provides back office support to Kongsberg Maritime, Norway.
88
Companies Represented in India by NORINCO
Kongsberg Maritime India Pvt Ltd
Contact Person (India)
T.N. Sreenivasan
Manager Customer Support
Address (India)
Great Eastern Summit–B
Plot No 66, Sector 15
8th Floor, CBD Belapur
Navi Mumbai - 400614
Telephone(s) (India)
+91-22-27571242 / 1243 / 1244
Fax (India)
+91-22-27571241
Email (India)
[email protected]
Type of Collaboration
Subsidiary
Norwegian Collaborator
Kongsberg Maritime AS
Norwegian Participation
70%
Address (Norway)
Kongsberg Maritime AS
Kirkegårdsveien 45
P.O. Box 483, NO-3601
Kongsberg, Norway
Telephone(s) (Norway)
+47-32-28 82 00
+47-32-28 50 00
+47-81-53 53 55 (D)
Fax (Norway)
+47-32-28 64 10
+47-32-28 50 10
Email (Norway)
[email protected]
[email protected]
Web Address
www.konsberg.com
Company Profile
Kongsberg Maritime is a wholly owned subsidiary of Kongsberg. Suppliers of
vessel automation, vessel control, navigation systems, dynamic positioning
system and maritime simulators. Kongsberg Maritime Solutions for merchant
marine, offshore, oil & gas and subsea. We provide innovative and reliable
solutions for shipping, offshore, subsea, navy, coastal marine and fisheries,
maritime training, port and harbour surveillance and more.
89
Companies Represented in India by NORINCO
Nautic Systems AS
Norwegian Company
Nautic Systems AS
Address (Norway)
Kvassnesvegen 54
P.O. Box 197
5100 Isdalsto
Norway
Telephone(s) (Norway)
+47 56 34 22 50
Fax (Norway)
+47 56 35 22 40
Email (Norway)
[email protected]
Web Address
www.nautic.no
Company Profile
Suppliers of Navigational Aids, Wind Sensors and Instruments, Magnetic
Compass, Weather Station etc.
«
Norac AS
Contact Person
Address (Norway)
Telephone(s) Norway
Fax (Norway)
Email
Web Address
Profile
Mr. Thormod Larsen
P.O. Box
1593 Stoa
NO 4857
Arendal
Norway
+ 47 37 05 92962
+ 47 37 05 9251
[email protected]
www.norac.no
Marine interior systems. Fireproof and sound reducing interior systems,
wall systems, doors, windows, ceiling systems,floating floors Wet units and
furniture
90
Companies Represented in India by NORINCO
Norsafe AS
Contact Person (Norway)
Geir Skaala, Managing Director
Dag Songedal, Vice President
Address (Norway)
P.O. Box 115,N-4852 Faervik
Norway
Telephone(s) (Norway)
+47-37-05 85 00 /
+47-37 05 85 20(M.D)
+47-37-05 85 40 (V.P)
Fax (Norway)
+47-37-05 85 01
Email (Norway)
[email protected]
[email protected],
[email protected]
Web Address
www.norsafe.no
Company Profile
Suppliers of fully enclosed Life Boats, Patrol Boats, Rescue Boats and
associated launching systems. Norsafe AS - Jørgensen & Vik AS is one of
the oldest boat-building companies in Norway. The company began building
lifeboats in Grimstad on the south coast of Norway in 1903.
«
Scancem Chemicals AS
Norwegian Collaborator
Scancem Chemicals AS
Address (Norway)
Industriveien 12
P.O. Box 273
N-1471 Lorenskog
Norway
Telephones (Norway)
+47-67-97 84 07
Fax (Norway)
+47-67-97 84 80
Email (Norway)
[email protected]
Company Profile
Suppliers of Silica Fumes & Construction Chemical.
91
Companies Represented in India by NORINCO
Ship Equip AS
Address (Norway)
PO Box 7799 N 6022
Alesund
Norway
Telephone(s) (Norway)
+ 47 70 17 24 00
Fax (Norway)
+ 47 70 17 24 01
Company Profile
Marine Broad Band, Marine TV Antenna
«
Skipper Electronics AS
Contact Person (Norway)
Skipper Electronics AS
Address (Norway)
Skipper Electronics AS
P.O. Box 151
Manglerud0612
Oslo
Norway
Telephones (Norway)
+47-23-30 22 70
Fax (Norway)
+47-23-30 22 71
Email (Norway)
[email protected]
Web Address
www.skipper.no
92
Companies Represented in India by NORINCO
STX Norway Offshore AS
Address (Norway)
Strandgata 74, N-6270 Brattvåg, Norway
Telephone(s) Norway
+47 70 21 06 00
Web Address
www.stxeurope.com
«
Team Tec AS
Norwegian Collaborator
Team Tec AS
Contact Person
Olav Vaaje (Managing Director)
Address (Norway)
Nyvei 41, P.O. Box 203
N-4902, Tvedestrand, Norway
Telephones (Norway)
+47-37-19 98 00, +47-37-19 98 08(D)
Mobile No. +47-91-16 96 84
Fax (Norway)
+47-37-19 98 90
Email (Norway)
[email protected];
[email protected]
[email protected]
Web Address
http: //www.teamtec.no
«
TTS Handling Systems AS
Norwegian Collaborator
TTS Handling Systems AS
Contact Person (Norway) Johannes D. Neteland, (President And CEO)
Olav Bruasdal, (CFO/ Vice president)
Holterkollvn 6, P.O. Box 49
Address (Norway)
N-1441 Drobak, Norway
+47-64-90 79 10, +47-55-94 74 02
Telephone(s) (Norway)
+47-55-94 74 25
+47-64-93 16 63
Fax (Norway)
[email protected]
Email (Norway)
[email protected]
[email protected]
www.tts-hs.no, www.tts-marine.com
Web Address
93
Companies Represented in India by NORINCO
TTS Marine ASA
Contact Person (Norway) Johannes D Neteland
President & CEO
Address (Norway)
Folke Bernadottesvei 38
5147 Fyllingsdalen
Norway
Telephone(s) (Norway)
+47 55 94 74 17
Fax
+47 55 94 74 01
Web Address
www.tts-marine.com
«
Vetco Aibel
Norwegian Collaborator
Address (Norway)
Telephone(s) (Norway)
Fax (Norway)
Email (Norway)
Vetco Aibel
(formely known as ABB Gas Technology)
Sandslihaugen I
Sandsli, N-5861
Bergen, Norway
+47-55-98 25 00
+47-55-98 25 25
[email protected]
[email protected]
www.abbgt.com
Web Address
Company Profile
(Formerly Umoe Gas Technology AS), the company is a supplier of pellet
bard ignition systems for offshore & onshore installation. It also supplies of
“Zero Flaring” solution and VOC recovery solutions.
94
Norman Data Defense Systems Asa /
Acto Information Systems(I) Pvt. Ltd.
Contact Person (India)
Derick Pereira
Address (India)
ACTO Information Systems (I) Pvt. Ltd.
Telephone(s) (India)
+91–80–2228 2388
Fax (India)
+91–80–2228 3584
Email (India)
[email protected]
Web Address
www.normanindia.com
Contact Person (Norway) Trygve Aasland
CEO & President
Address (Norway)
P.O. Box 43
N-1324 Lysaker
Norway
Telephone(s) (Norway)
+47- 67 10 97 00
Mobile: +47 4153 9717
Fax (Norway)
+47- 67 58 99 40
Email (Norway)
[email protected]
Company Profile
Norman Asa is one of the world’s leading companies within the field of
information security. Norman offers high-quality products and services within
the areas of virus control, personal firewall, encryption, data recovery, data
erasure and computer forensic. ACTO is a registered company and is based
in Bangalore. ACTO is Norman’s representative in India since 1997. ACTO is
in to marketing, distribution and support of Norman products.
95
Suretech International
Contact Person (India)
R.K. Chanana
Chief Executive
Address (India)
B-5/6, Safdarjang Enclave
Africa Avenue
New Delhi - 110 029
Telephone(s) (India)
+91 11 6538 8277
Mobile: +91 98101-19236
Fax (India)
+91 11 4165 3421
Email (India)
[email protected]
[email protected]
Norwegian Collaborator
Giertsen Tunnel AS
Address (Norway)
Nygårdsviken 1,
Postboks 78 Laksevåg
N-5847 Bergen, Norway
Telephone (Norway)
+47 55 94 30 30
Fax (Norway)
+47 55 94 31 15
Web Address
http://www.tunnelsealing.com
Company Profile
Giertsen Tunnel AS is a contractor specializing in waterproofing of tunnels
and rock caverns.
For more than 25 years, we have developed and installed patented systems
for the complete management and mastering of the water and moisture
problem in tunnels and rock construction in general.
Giertsen Tunnel has a staff of professionals ready to assist you with the
solutions to your humidity problems.
96
Yara International Asa/
Greenfields International
Contact Person (India)
Sanjiv Kanwar
Address (India)
C-174 Madhuvan
Shakkarpur
New Delhi – 110 092
Telephone(s) (India)
+91- 11- 65281339
Fax (India)
+91- 11- 42445008
Email (India)
[email protected]
Norwegian Collaborator
Yara International ASA
Address (Norway)
Yara International ASA
Bygdøy allé 2
P.O. Box 2464, Solli
N-0202 Oslo
Norway
Telephone(s) (Norway)
+47 24 15 70 00
Fax (Norway)
+47 24 15 70 01
Email (Norway)
[email protected]
Company Profile
Yara International maintains contact with the Indian Fertilizer industry and
facilitates trade of quality bulk fertilizers like DAP, Urea Ammonia as well as
speciality fertilizers such as Calcium Nitrate and water soluble NPKS, to the
Indian market.
97
Representations
and
Technical Collaborations
Shipping
98
Further Middle East
expansion a core
Goltens strategy
Led by its progress in the budding Dubai Maritime City (DMC) development project,
independent ship repair and maintenance service leader Goltens Worldwide Services
is significantly expanding capacity and services for the marine and power generation
markets in the Middle East. Special attention in this regard goes to the company’s
Bahrain, India, Saudi Arabia and Qatar satellite offices.
While established in New York in 1940, Goltens already utilises Dubai as its repair activities headquarters – but a beefed up staff and
an increased business portfolio have made
facility expansion necessary. Scheduled for
completion in 2009, the 12,400 m2 workshop
integrating all departments and activities and
the 3,000 m2 administrative office underway at
DMC will allow Goltens to localise its current
520 total staff in the area, create better synergy and facilitate further company growth.
“The DMC facility gives us an opportunity to
consolidate all of our services in an optimum
fashion under one roof, create a more flexible and efficient workspace, introduce some
new services and provide additional capacity
for future expansion. We believe that such a
state-of-the-art facility with the most up-todate workshop tools and equipment will provide our clients the best possible service and
quality,” says Goltens Worldwide Services
President Paul Friedberg.
Though the Dubai branch makes up the largest concentration of Goltens’ 600-strong staff
in the region, satellite offices throughout the
Middle East are gearing up for greater activities
as well. Goltens Bahrain’s diesel repair work
should swell through the recent opening of the
Arab Shipbuilding & Repair Yard’s (ASRY) twin
slipways. The slipways are ideal for accommodating offshore service boats, large tugs and
supply vessels, and will also enable ASRY to
free about 20% of the capacity of its existing
larger docks for receiving larger vessels.
Given Goltens Bahrain’s responsibility of performing all of the diesel repair work at ASRY,
its diesel, fuel, and governor department activities should increase substantially. In line with
this, Goltens Bahrain is not only carrying out
ongoing plans for additional workshop space,
but also has a goal of increasing its staff by up
to 35%. Recruitment is already underway.
The imminent opening of Goltens India’s new
workshops in Mumbai and Chennai during the
first quarter of 2009 should reap immediate
dividends, allowing the branch to undertake
quick repairs within the ports and attract even
more customers. Strategically located at the
gateway to Southeast Asia, the new workshops will not only have prime access to the
ports, but will also serve the power generation
and other industrial markets.
“With a limited number of professional and
quality conscious ship repair workshops in
the area, Goltens has a great opportunity here
to take a considerable market share,” says
Sandeep Seth, Managing Director for ME &
India Satellites, adding that Goltens India will
target approximately 300 shipowners and
agents located in the Mumbai and Chennai
areas for ship repair services.
When opened in 2009, Goltens’ new Dubai Maritime City hub will
comprise the company’s repair activities headquarters and include a
15,400 m2 integrated workshop.
Andromeda Shipping (India) Pvt. Ltd.
Contact Person (India)
Mr. N. Alphonso
General Manager
Indian Representative
Andromeda Shipping (India) Pvt. Ltd.
Address (India)
302,Trade Avenue
260, Suren Road
Andheri (East)
Mumbai – 400093
Telephone(s) (India)
+91-22-2684 5850 / 80 / 48
Fax (India)
+91-22-2684 5299
Email (India)
[email protected]
Web Address
www.andromeda-india.com
Type of Collaboration
Technical Shipping
Norwegian Principal(s)
Kjelman Shipping AS
Norwegian Principal(s)
Kjelman Shipping AS
Drammensveien 123
N-0277 Oslo
Norway
Telephone(s) (Norway)
+47-23-01 45 70
Fax (Norway)
+47-23-01 45 71
Email (Norway)
[email protected]
Company Profile
International Andromeda Shipping – Monaco opened its liaison office
“Starship Constellation Inc” in 1999 from a small office in Worli, Mumbai.
The fleet of product tankers, OBOs, LPG carriers and FSOs were manned
completely with Indian officers and ratings. International Andromeda
Shipping is a part of Starship Constellation Group whose activities includes:
Ship owning, Ship management, Trading, Crewing, FSO management & FSO
ownership, new building.
100
Bw Shipping Managers Pvt. Ltd.
Contact Person (India)
Capt. E. Thomas
General Manager
Indian Representative
BW Shipping Managers Pte. Ltd.
Address (India)
841, Solitaire Corporate Park, 167
Guru Hargovindji Marg
Andheri-Ghatkopar Link Road
Chakala, Andheri (East)
Mumbai – 400093
Telephone(s) (India)
+91-22-66751011 / +91-22-28370101
Fax (India)
+91-22-66959564
Email (India)
[email protected]
Website
www.bwgas.com
Norwegian Principal(s)
BW Gas ASA
Address (Norway)
Drammensvien 106
P.O. Box 2800
0204 Olso
Norway
Telephone (Norway)
+47-22 1205 05
Fax (Norway)
+47-22 1205 00
101
Ebony Ship Management Pvt. Ltd.
Contact Person (India)
Capt Prasant S. Rangnekar
General Manager
Indian Representative
Ebony Ship Management Pvt. Ltd.
Address (India)
601/A, Elegant Business Park
Off Andheri Kurla Road
Near Kohinoor Continental Hotel
Andheri – East
Mumbai – 400059, India
Telephone (India)
+91-22-6792 6100 / +91-22 6792 6110
Mobile (India) +91-98 2013 9703(G.M)
Fax (India)
+91-22-6792 6200
Email (India)
[email protected]
Type of Collaboration
Technical Shipping
Norwegian Principal(s)
Spar Shipping AS
Kokstadflaten 30,
N-5061 Kokstad
Norway
Norwegian Participation
Seven Seas Carriers AS
Address (Norway)
Olav Kyrresgt 11,
6th Floor
P.O. Box 1041,
Sentrum, N-5808
Bergen, Norway
Contact Person (Norway)
Christian Sundt (M.D)
Arvid Abrahamsen (Director)
Telephone (Norway)
+47-55-32 72 01, +47-55-98 39 00
+47-91-17 22 98 (M.D)
+47-98-28 23 63 (Director)
Fax (Norway)
+47-55-31 42 35, +47-55-98 39 10
Email (Norway)
[email protected]
Web Address
www.sevenseas.no
102
Genoa Maritime Services
Contact Person (India)
Capt. Sanjeev M. Vadhavkar
General Manager
Indian Representative
Genoa Maritime Services
Address (India)
406, The Mall, 5
Laxmi Industrial Estate
K. Walawalkar Marg
Andheri (West)
Mumbai – 400053
Telephone (India)
+91-22-6775 5151
Fax (India)
+91-22-67755100
Email (India)
[email protected]
Type of Collaboration
Technical Shipping
Norwegian Principal(s)
Champion Tankers AS
Street Address:
Tveiteraa Svegen 12
Nesttun
5853 Bergen
Norway
Telephone (Norway)
+47-55-92-24 00
Fax (Norway)
+47-55-92-24 01
Email (Norway)
[email protected]
Web Address
www.champion-tankers.no
103
Herald Maritime Services Pvt. Ltd.
Indian Representative
Herald Maritime Services Pvt. Ltd.
Contact Person (India)
Capt. R.Y. Barve (Director)
Address (India)
318, Dalamal Towers
211 Nariman Point
Mumbai – 400021
Telephone (India)
+91-22-2281 0730 / 2281 0728
Fax (India)
+91-22-2202 5998
Email (India)
[email protected]
Type of Collaboration
Technical Shipping
Norwegian Principal(s)
Bergshav Management AS
Address (Norway)
P.O. Box 8
4891 Grimstad
Norway
Telephone (Norway)
+47-37-25 63 00
Fax (Norway)
+47-37-25 63 01
Email (Norway)
[email protected]
Web Address
www.bergshav.com
104
Osm Maritime Services Pvt. Ltd.
Contact Person (India)
Ms. Viraya Mascarenhas
Crew Manager
Indian Representative
OSM Maritime Services Pvt. Ltd.
Address (India)
Global Chambers
6th Floor
Next to Dheeraj Gaurav Heights
Adarsh Nagar
New Link Road
Andheri (West)
Mumbai – 400053
Telephone(s) (India)
+91-22-26736459
Fax (India)
+91-22-66921626 /66921628
Email (India)
[email protected]
Norwegian Principal(s)
OSM Norway AS
Address (Norway)
Svinoddveien 12
4836, Arendal
Norway
Telephone (Norway)
+47- 37- 07 38 00
Fax (Norway)
+47- 85- 02 88 01
Email (Norway)
[email protected]
105
Race Shipping & Transport Co. Pvt. Ltd.
Contact Person (India)
Mr. Shekhar Banerjee
(Director & Vice President)
Indian Representative
Race Shipping & Transport Co. Pvt. Ltd.
Address (India)
A-401
Remi Biz Court,
Veera Desai Road
Andheri (West),
Mumbai – 400053
Telephone (India)
+91-22-2673 2052 (6 lines)
Fax (India)
+91-22-2673 2061,
+91-22-2673 2062
Email (India)
[email protected]
[email protected]
Norwegian Principal(s)
Norwegian Crew Management AS
Harbitzalleen 2 A,
0275 Oslo
Norway
Contact Person (Norway) Herman Hermansen
(Managing Director)
Telephone (Norway)
+47-22-52 69 30
Fax (Norway)
+47-22-52 50 68
106
Wilco Ship Management
& Travels Pvt. Ltd.
Contact Person (India)
Capt. Navin Passey
Managing Director
Indian Representative
Wilco Ship Management & Travels Pvt. Ltd.
Address (India)
Plot B-6
Valecha Chambers
First Floor
New Andheri Link Road
Andheri (West)
Mumbai-400053
Telephone (India)
+91-22-2673 3461 / 2673 3522 / 4043 2222
Fax (India)
+91-22-2673 3634 / 4043 2346
Email (India)
[email protected]
Norwegian Principal(s)
Jahre Wallem Management AS
Address (Norway)
P.O. Bos 271
Strandpromenaden 9
N- 3236 Sandefjord
Norway
Telephone (Norway)
+47-33-48 44 44
Fax (Norway)
+47-33-48 44 43
Company profile
Wilco Ship Management & Travels has today earned the reputation of being
one of India’s largest professionally organised Ship Management and Travel
Company, Shipping Agents Travel Agents And Tour Operator.
107
DnB NOR Bank ASA
Norway’s largest and most inter
leading
international
DnB NOR. At the leading edge.
s More than 180 years of financial history
s One of the world’s foremost shipping banks
s A major international player in the energy sector
s International network of 14 branches and representative offices
s One of the highest credit ratings
(long term rating of AA- from Standard & Poor’s, April 2008)
DnB NOR Bank ASA
NO-0021 Oslo
Tel + 47 915 03000
DnB NOR Bank ASA Asia Headquarters
8, Shenton Way, #48-02
Singapore 0688811
Tel + 65 6220 6144
DnB NOR Bank ASA,
India Representative Office
C/o DBS Office Business Centre
Raheja Chambers 213 Nariman Point, Mumbai 400 021
Tel +91 22 40509200. Handphone 91 9833081929
national Bank, now also in India
Shipping Transport Energy
Your specialist banking partner in Asia
DnB NOR Bank has operated in Asia for over 38 years. In addition to the
existing branch offices in Singapore and Shanghai, the bank has now opened
a representative office in Mumbai, India.
Our strengths include substantial expertise gained from over 30 years of working with clients in the shipping, energy and offshore industries. In May 2008,
the Bank was awarded “the Ship Finance award 2008” by Seatrade Asia which
is a testimony of our expertise in the ship finance industry. In Asia we also offer
corporate finance, corporate banking products, forex/treasury and international
cash management services, among others.
DnB NOR has a long experience in helping Norwegian and Nordic clients
establish operations in the fastest growing region in the world through financial
services and customised solutions.
38963 | 11/08 | DnB NOR Designteam_mh
DnB NOR.
There for you every step of the way.
www.dnbnor.com
Useful Government of India Websites
Department of Industrial Policy & Promotion
http://dipp.nic.in
Department of Commerce
http://commerce.nic.in
Directorate General of Foreign Trade
http://dgft.delhi.nic.in
Ministry of Environment & Forests
http://envfor.nic.in
Ministry of Micro, Small and Medium Enterprises http://ssi.nic.in
Reserve Bank of India
http://www.rbi.gov.in
Ministry of Finance
http://www.finmin.nic.in
Ministry of Corporate Affairs
http://www.mca.gov.in
Ministry of Information & Broadcasting
http://www.mib.nic.in
Department of Telecommunications
http://dot.gov.in
Ministry of Information Technology
http://www.mit.gov.in
Ministry of Chemicals & Petrochemicals
http://www.chemicals.nic.in
Ministry of Power
http://www.powermin.nic.in
Department of Biotechnology
http://dbtindia.nic.in
Ministry of Tourism
http://tourism.gov.in
Petroleum and Explosives Safety Organisation
http://peso.gov.in
Ministry of Human Resource Development
http://education.nic.in
Ministry of Labour
http://labour.nic.in
Ministry of New and Renewable Energy
http://mnes.nic.in
Ministry of Petroleum & Natural Gas
http://petroleum.nic.in
Ministry of Textiles
http://texmin.nic.in
Telecom Regulatory Authority of India
http://www.trai.gov.in
Telecommunication Engineering Centre
http://www.tec.gov.in
Centre for Development of Telematics
http://www.cdot.com
Cabinet Secretariat
http://cabsec.nic.in
Ministry of Civil Aviation
http://civilaviation.nic.in
Ministry of Railways
http://www.indianrailways.gov.in
Ministry of Road Transport and Highways
http://morth.nic.in
Department of Shipping
http://shipping.nic.in
110
Enhancing User Productivity
Clear, comprehensive, accessible training and documentation play a vital role
in:
• Improving productivity
• Enhancing and streamlining communication
• Reduce support costs
ibruk AS, one of Norway’s fastest growing companies, focuses on creating
effective documentation and training solutions for a range of industries.
Established in 1999 as Bruksanvisninger.com, ibruk has seven offices in
Norway and has established a presence in India through ibruk Consulting Pvt
Ltd.
Propelled by the vision of being the acknowledged leader in productivity
enhancement solutions, ibruk has defined its mission as improving
productivity by enhancing:
• Usability through effective documentation solutions.
• Performance through effective training solutions.
With an assortment of established industries and highly skilled talent pool, India
has long been an attractive market for ibruk AS. As a step towards harnessing
the potential of India, ibruk Consulting was established in 2007 and enables
ibruk to:
• Expand its productivity enhancement services to India.
• Extend its global reach.
• Leverage the vast talent in India to service clients across the world.
Based in Mumbai, India, ibruk Consulting provides the following services:
• Technical writing
• Courseware development
• Training in business productivity and technical writing
In a short period of one year, ibruk Consulting has built a client base which
includes the likes of IBM, Reuters Financial Services, Tata Communications,
and Johnson & Johnson, India. For Reuters Financial Services, ibruk
Consulting has established a dedicated technical writing team of eight who
work from its Mumbai offices.
“We have has a very promising start to the Indian operations and in the
months to come we hope to use India as a spring board to serving more
clients across the world. The skills and cost advantages of our Indian
operations help us serve us customers better and at a lower cost,” says Bjørn
Edvardsen, Chairman, ibruk AS.
Learn more about ibruk as at www.ibruk.no and about ibruk Consulting at
www.ibruk.in.
Norwegian Consulates in India
Royal Norwegian Consulate
Mumbai
301-302, Orbit Plaza
Behind Chaitanya Towers
Off Appasaheb Marathe Marg
New Prabhadevi Marg
Prabhadevi
Mumbai - 400 025
Mr. George Mathew
Hony. Consul
Royal Norwegian Consulate
Kolkata
Sarojini Naidu Sarani
(Rawdon Street)
Kolkata-700017
Mr. N.F. Tankariwala
Hony. Consul
Royal Norwegian Consulate
Chennai
Harbour Gate House
36 (Old 44/45)
Rajai Salai
Chennai - 600011
Mr. Arvind Gopinath
Hony. Consul
112
Phone: +91-22 24389712/13/17
[email protected]
Fax: +91- 22 24389715
[email protected]
Phone: +91-33 22874994
22879769
Fax: +91-33 22879335
[email protected]
Phone: +91-44 25232981/82/83
Fax: +91-44 25233235
[email protected]
FPSO Dhirubhai-1
including Subsea
hardware & installation
– for the Reliance Industries’
MA D6 Development
Aker Floating Production worked with
Aker Solutions and other Aker companies
to provide the complete field development
in 1,200m water depth
Oslo
Houston
Singapore
Lagos
www.aker-fp.com
part of Aker
Notes
114
TrustedGlobally
Goltens: The leading independent
diesel engine service and repair provider
Each year over 1000 shipowners, shipyards,
power plants and operators trust Goltens to
organize, plan and perform maintenance and
repair work on critical mechanical, hydraulic
and electrical components.
Goltens is the only independent repair specialist to offer clients and OEM’s an all-inclusive worldwide service.
• Insitu grinding/honing
• Reconditioning components
• Fuel systems - governors
• Turbo chargers
• Electro mechanical
• Hydraulic
• Automation / control engineering
• Spare parts
We are trusted globally.
Goltens India Private Ltd, Telephone: +912266755888, Fax: +912266755890, email: [email protected]
Predictable service
around the world
www.goltens.com
'6+"*3")
4*/("103&
"5)&/4
.*".*
For further information, contact:
Per Reinboth
Commercial Counsellor
Royal Norwegian Embassy
50-C, Shantipath
Chanakyapyuri, New Delhi-110021
Tel.: + 91-11-41779200
E-mail: [email protected]