The 21st century has opened a new chapter of intensive political and business interaction between India and Central Europe, but the level of commerce and investment is still at a slow path. The need of the hour is a new formula of cooperation with involvement of Prime Ministers accompanied with well-structured and market-tailored support of small and medium companies at the national and local level.
Narendra Goliya, founder and Managing Director of Rishabh Instruments, highlights the various factors businesses must keep in mind before contemplating global expansion and shares the secret behind Rishabh’s successful acquisition of Poland-based LUMEL. What lies at the core of Rishabh and Lumel that makes it ripe for global markets? Rishabh and Lumel are both high technology companies which operate in the Industrial sector. One is in Electrical and Electronics Measuring Instruments and the other is in Aluminium Pressure Die Castings. [...]