Vityaz Business Solutions specializes in providing new business set up and management solutions to clients from India & Russia / CIS regions, across all industries.
Our experience in the relevant businesses, gives us a business-oriented approach. We are a team of qualified and experienced professionals with a proven track record.
We combine industry, operational and technology skills with relevant proprietary and other assets in order to tailor solutions for each clients individual challenges.
At Vityaz Business Solutions, our work ethic and business credo are built on a fundamental respect for the clients time, business constraints and resources. This philosophy helps us nurture lasting client relationships and guarantees value maximization in all our engagements.
Our core competency lies in our sound knowledge of the regulatory environment, market acumen, and the role of the different government agencies. Our further strength is in the experience working on the solutions at the ground level, and thus possessing practical knowledge, that helps in getting the things done, rather than just advising or preparing reports.
We therefore are able to assess the specific needs of the clients and identify customized solutions that maximize returns. We understand that business environments change constantly, and our clients rely on our intelligent and adaptive approach. Our well-trained and motivated team always goes that extra mile to offer personalized service that is of the highest quality, well informed and often implemented under tight delivery schedules. These qualities have led to long-standing relationships with many of the worlds leading organizations. We look forward to creating many more.
India possesses richness and diversity of culture and climatic conditions and natural and mineral resources. A new spirit of economic freedom is stirring in India. Today, India is said to be the third largest economy (in terms of purchase power parity) in the world. A series of ambitions economic reforms have deregulated the economy and stimulated domestic and foreign investment. The liberalization program has unleashed the vast potential of Indian economy. Indias enduring institutions, which are rooted in the principles of democracy, ensure a transparent, predictable and secure environment for foreign investment. The existence of a free and vibrant press, an independent judiciary, a strong legal and accounting system and the use of English as the principal language of business and administration are some of the attractive features of the business environment. India possesses an abundance of qualified and skilled manpower, which makes it an ideal base for sourcing production, both for export and the huge domestic market. The private sector is the backbone of the economy, accounting for 75% of the GDP. The opening up of the economy, which has resulted in the entry of a large number of foreign companies, together with the increasingly global focus of domestic industry, has resulted in the dynamic growth and increased competitiveness of Indian firms. The role and importance of the private sector in India economic development is rapidly increasing. Today, India is one of the most exciting emerging markets in the world
- Manufacturing
- Infrastructure
- Defense
- Pharmaceuticals
- Entertainment
- Auto and auto ancillary
- Telecommunications
- Food Processing
- Healthcare
- Education
The FDI regime has been progressively liberalized, with most restrictions on foreign investment being removed and procedures simplified. With limited exceptions, foreigners can invest directly in India, either on their own or as a joint venture. Today, there are very few industries where foreign investment is prohibited. Moreover, investment ceilings, which are applicable in certain cases, are gradually being removed or phased out.
With the intent and objective to promote FDI through a policy framework which is transparent, predictable, simple and reduces regulatory burden, the Government of India has formulated, on a yearly basis, a consolidated FDI Policy.
Whilst global Foreign Direct Investment (FDI) inflows are feeling the stress of flagging investor confidence amid macroeconomic and political uncertainty, Russia’s and the CIS’s fast growing consumer markets and natural resources have kept them in the list of top attractive FDI destinations. In 2012 Russia’s FDI inflow decreased by 7% to US$ 51bn, much less than the 18% decline in global FDI. In the CIS region it remains the most attractive FDI destination. 68% of existing investors plan to increase their presence in Russia, and, according to EY’s 2013 Russia Attractiveness Survey, the majority of investors believe Russia’s entry to the World Trade Organization, the formation of the Common Economic Space with Belarus and Kazakhstan, and a likely Eurasian Economic Union by 2015, will increase its attractiveness.
“Russia’s government is investing heavily in technology and innovation. There are several hi-tech hubs being built on a federal level. One example is Rusnano, a joint-stock company created and owned by the government of Russia, aimed at commercializing developments in nanotechnology. Rusnano’s task is to create a Nano-industry that will make marketable products worth 900 billion rubles ($29 billion) by 2015. Then there is the Russian equivalent of Silicon Valley, Skolkovo innovation center, a planned high technology business area to be built at Skolkovo near Moscow, Russia. The site is intended to be an ultramodern complex created to attract science and technology companies.
Russia is also expected to offer a lot of potential incentives for hi-tech investors. Companies can consider looking in these sectors for opportunities, especially since Russia also offers a well-established higher education system that produces very employable staff.
Companies can also use Russia as a springboard to expand into the CIS region, particularly countries like Ukraine, Kazakhstan and other regions. Russia makes up to 75% of the GDP in CIS countries, where the majority of people who are older than 30 also speak Russian. Moscow is not only the logistical hub for Russia, but also for all CIS countries. There are many distributors that cover the CIS region and transportation is set up easily and efficiently.â€
Russia and the CIS have many advantages for foreign investors, such as abundant natural resources and strong domestic markets with well educated, highly productive workforces. However, administrative barriers, lack of transparency in business practices and a recovering financial system often compromise these benefits.
Our management team combines the different cultural and professional capabilities of our firm. It comprises leaders from different international markets and different industries and services. Our consultants are well qualified and well experienced professionals who are eager to implement their acquired knowledge to new projects and endeavors.
