Case Study
About the Client
Wholly Owned Subsidiary of Euro 1.3 bn Italian manufacturer of machines and complete plants for the ceramics, packaging and plastics industries
Client Need
In 2007, the client had established its presence through 100% owned company and started manufacturing its range of machines in India. It wanted to prepare financial projections for the Indian operations, ascertain working capital requirement and wanted assistance in obtaining working capital facilities from banks in India.
Our Approach
- Conducted discussion with the management for understanding the business segments, relevant industries and outlook for the business over next 3-5 years.
- Based on the discussion with the management, prepared financial projections for the subsidiary in India for 3 years and ascertained working capital requirement.
- Prepared project note with details about the India business and requirement of working capital finance. We also liaised with the banks and financial institutions to arrange working capital finance for the Indian subsidiary.