Joint Ventures

A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits.

Joint ventures are widely used by companies to gain entrance into foreign markets. Foreign companies form joint ventures with domestic companies already present in markets the foreign companies would like to enter. The foreign companies generally bring new technologies and business practices into the joint venture, while the domestic companies already have the relationships and requisite governmental documents within the country along with being entrenched in the domestic industry.

Everyday we meet different business proposals. People around the world look for partners all over the world. Our company chooses the most interesting and sound projects to work with. Here are the top three criteria we take into consideration before venturing:

Plus, there are certain situations when we make business only via joint venturing:

While joint venturing, our company undertake the following functions:

Reasons for forming a joint venture:

1. International reasons:

2. Competitive goals:

3. Strategic goals: