FIFTEENTH STRATEGIC ALLIANCE
Between Wood Fontana & C.T.B Organization: European Giant - Business Expansion Specialist - 14th May 2021
Wood Fontana is happy to announce our 15th strategic alliance formed between Wood Fontana (India) and CTB Organisation (United Kingdom & Turkey).
The purpose of this Partnership is to Provide Aid to Indian Companies widening their business in Europe, Africa, Russia, Middle East with in-depth research and strategies to penetrate the market.
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Our Technically skilled team assures harmonious transition throughout the process. This partnership warrants in-person factory visits for relevant partner Identification in following form:
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- Joint Venture
- Channel partner
- Technology Tie-up
- Contract manufacturing
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As Indian Railways envisages a prospective investment of $190 bn in the next 5 years. The government for Indian is attracting foreign investor with new schemes and policies. In the next five years, Indian railway market will be the third largest, accounting for 10% of the global market
Hence partnership opens doors for the our clients to welcome the high investments from foreign market.
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India is expected to be the world's third-largest automotive market in terms of volume by 2026. India holds a strong position in the international heavy vehicles arena as it is the largest tractor manufacturer, second-largest bus manufacturer and third largest heavy trucks manufacturer in the world.
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The industrial pump market in India is expected to reach over $2 billion by 2026. Water & wastewater, chemical, pharmaceutical, construction, food and beverage, and mining are the major end-users in India. Industrial Valves Market is Projected to Grow to Nearly $2.2 Billion by 2023 in India. Growing mergers & acquisitions, rising potential of replacement industrial valves market, and increasing number of water & wastewater management plants coupled with growing natural gas consumption are some of the other factors that would aid the market growth during forecast period.
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The partnership with CTB which have sector expects team shall ease Indian organization efforts to establish a Tie up to cater not only Indian market but also global market.