4th August, 2008

Sumpraxis forms a Sourcing and Distribution Alliance with a Scandinavian firm…

Sumpraxis forms a sourcing and distribution alliance with Novatech AB a Swedish marketing and sourcing company.

Roland Malmgren , CEO of Novatech visited Sumpraxis in Delhi and met with companies and made factory visits to explore sourcing opportunities by Scandinavian companies with whom Novatech consults. Roland has established many relationships with companies in China from whom Novatech has been importing manufactured engineering items for the past decade. “As part of our diversification strategy, Novatech is now betting on India becoming the future manufacturing destination”, said Roland

Sumpraxis has done many  market potential researches, examination of government regulations, feasibility study for business planning, competitor analysis for various Industries (Geotextiles, Telecom, Door / Window Hardware, Electronics, High end mission critical software, Kitchen accessories, Pharmaceuticals).

Please see a collage of various products :

It was a great pleasure to host a visit for Mrs. Gunvi Malmgren and Mr. RolandMalmgren. Their mission was to explore Indian market for various products, identified for the Swedish market.

Sumpraxis researched and short listed various vendors and arranged meetings specific to Novatech requirements.

Gunvi is an engineer and has vast experience in drafting, graphic design and CAD services. Roland has rich experience in market exploration in China and has established relationships with a large customer base in Scandinavia and Western Europe. Roland anticipates that India will be a potential market and a sourcing destination  in coming years.