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  • 1. Team FinlandPartnership for SUCCESS FINLAND-INDIA BUSINESS GUIDE 2012-13 l 1
  • 2. DisclaimerNo part of this publication may be reproduced, copied or transmitted in whole or in part, in any form or by anymeans, without the prior permission of the copyright holder.The Embassy of Finland in India and the Finland Trade Centre, Finpro, have made a reasonable effort to providea comprehensive directory of companies with substantial Finnish interests represented in lndia, and companieswith substantial Indian interests represented in Finland. However, the Embassy of Finland and Finpro cannotguarantee that the list is exhaustive.All information included in this publication have been obtained from the companies themselves or from reliablesources. While every reasonable effort has been made to ensure that the information contained herein iscomprehensive and accurate, the Embassy of Finland and Finpro cannot guarantee the accuracy, completenessor correctness thereof. This publication, and the information contained herein, is meant for information purposesonly. Any discrepancy found in the information may be brought to the notice of the Embassy of Finland or Finpro.Neither the Embassy of Finland nor Finpro will be liable for any loss or damage (financial, commercial or otherwise)caused due to or as a result of the inaccuracy, incompleteness or incorrectness of anything contained in thispublication, or the interpretation of or the reliance on any information contained herein by any party.The maps in this publication may not accurately represent geographical or political boundaries or scales.Copyright@September 2012 Embassy of Finland, New Delhi, India. All rights reserved.2 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 3. Team FinlandPartnership for SUCCESS
  • 4. ContentsAmbassador’s Foreword 5Finpro Foreword 6Cleantech Message 7FinNode Message 8Country Facts 9Trade and Economy 11Bilateral Trade 12Setting Up a Business in Finland 15Setting Up a Business in India 17Information for Business Travellers 19Business Facilitators 20Indian Companies in Finland 30Finnish Companies in India 40Annexure 91Media Information 93Abbreviations UsedBSE Bombay Stock ExchangeBOT Build Operate and TransferCIS Commonwealth of Independent StatesEU European UnionFDI Foreign Direct InvestmentICT Information and Communication TechnologyITeS IT-enabled ServicesNCAER National Council for Applied Economic ResearchOECD Organisation for Economic Cooperation and DevelopmentOMX The Nordic Stock ExchangeRBI Reserve Bank of IndiaUNCTAD United Nations Conference on Trade and DevelopmentFor the convenience of comparison, all US Dollar and INR figures have been changed toEUR by using the exchange rates 1 EUR = ` 60, 1 EUR = 1.3 US Dollar.4 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 5. Ambassador’s ForewordLadies and Gentlemen,I am happy to present to you the Finland-India Business Guide 2012-13. The Guide provides a lot of usefulinformation on Indo-Finnish economic and commercial relations. This year the Guide has been slightly remodelledby categorising the Finnish and Indian companies sector-wise. We hope that through this change this Guideprovides better and more relevant information to its readers.Finland and India enjoy excellent relations and substantive bilateral partnerships in various fields of cooperation.We are very pleased that the Agreement on Social Security between Finland and India was signed in New Delhiin June 2012. This Agreement complements the already comprehensive contractual relationship between theGovernments of Finland and India. The Agreement affects the social security of people moving between Finlandand India and applies to pensions, in particular. It enables preventing double pension contributions, which isimportant for Finnish companies operating in India and the staff employed by them.The active exchange of high-level visits between our countries continued during the latter part of 2011 into 2012.Both the President of the Republic of Finland and the Speaker of the Parliament visited India in spring 2012.We also witnessed several Ministerial visits from Finland to India and vice versa. The 17th session of the Indo-Finnish Joint Commission was held in New Delhi in November 2011. The Joint Commission deals with questionsconcerning bilateral trade relations, their development and potential and examines scope for new modes of co-operation.Our capital Helsinki is the World Design Capital in 2012. The theme of the Helsinki World Design Capital year“Open Helsinki, Embedding Design in Life” indicates that today design can be found everywhere around us –not only in arts and culture but also in public services, education systems or in policy making. Without design,there would be no roads, no airplanes, no mobile phones or no cities. Design is becoming increasingly importantfor businesses worldwide as they strive to stay competitive. Design is also an important sector in cooperationbetween Finland and India.The Government of Finland adopted a cross-sectoral Action Plan on Finland’s External Economic Relations inMay 2012. According to the Plan, a strategic steering group and secretariat working under the Prime Ministerwill draw up long-term strategic guidelines in view of promoting exports and internationalisation of Finnishbusinesses. One of the key premises of the Action Plan is that the focus of our economic and commercial relationsis shifting towards developing markets like India. We will see the diverse cooperation between Finland and Indiastrengthening even further in the future. The Embassy of Finland in New Delhi stands ready to do its best tofacilitate this positive development.H.E. Ms. Terhi HakalaAmbassador of Finland FINLAND-INDIA BUSINESS GUIDE 2012-13 l 5
  • 6. Finpro ForewordDear Reader,Welcome to explore the 2012-13 Business Guide giving insight to the growing number of Finnish companies,presently 120, who already have established their presence in India. There is almost another hundred companiesexporting to the Indian market or operating in India via agents. Finnish companies investments into India havebeen over 1 billion euros over the years and they are employing already more than 30 000 people.The international success of Finnish companies is very important to Finland. Finpro through its services assistscompanies, especially the SME’s to boost their success in the different phases of internationalization. Finpro’sglobal network involves 400 professionals in 68 locations in almost 50 countries. Finpro operates under theEmbassy of Finland in New Delhi. Additional to New Delhi we have dedicated partners working for us in Mumbaiand Chennai.In June 2012 Investment In Finland operations were merged into Finpro, thus our responsibility being to increasepromotion of inward investment into Finland. There are already many India companies established in Finland. Thegoal is to attract further investments into Finland.Due to the changes in the international business environment and shift in economic focus towards the emergingmarkets, Finnish SMEs are increasingly evaluating business possibilities within India’s 28 states and adjacentmarkets.The growth in the international business sector in India is about 6% annually, which translates into marketpotential for Finnish companies in developing sectors like: urban infrastructure, transport, building, automationin manufacturing, ICT in software & services, healthcare, education systems, food supply chain etc..The main goal of the Indian Government Five Year Economic plan 2012-17 is faster, more sustainable and widerspread economic wealth for the Indian people which further enhances the fact that there is potential to be found.Finpro professionals are here at your service! We are part of the core team in the newly established TEAM FINLANDnetwork.Best regards,Leena ÖsterbergHead of Trade Center, Finpro India6 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 7. Cleantech MessageDear friends,I am happy to introduce to you the 2012-13 edition of the Business Guide, which serves as an introduction tothose both in India and Finland, who want to learn more about business opportunities.Cleantech is commonly acknowledged, in economic as well as environmental sectors, as one of the keys toenhancing quality of life and making it sustainable for the future. We at Cleantech Finland have been thinkingof new ways to link the expertise of our network with the demand in India. The solution is up and running! In thebeginning of the 2012, Cleantech Finland launched the SOLVED expert service that offers you access to leadingcleantech experts.Finnish companies are global leaders in energy efficiency, clean industrial processes, and bioenergy. Other keysectors are analysis and automation, renewable energy, water and wastewater treatment, waste management,and emissions reduction.Cleantech Finland is a network of top cleantech experts. We connect clients, partners, investors and otherstakeholders with the best cleantech expertise. We want to provide a partnership that complements thesustainable development in India.Today, cleantech is a driver for India-Finland economic and innovation cooperation. Finnish cleantech companiesexplore business opportunities in India’s market, and strengthen their cooperation with local companies. Throughthe SOLVED expert service Cleantech Finland can help you find the best cleantech solutions to match your need.It is easy, fun and interactive. Just sign up, spread the word and start using Solved.Let’s solve the world’s greatest problems!Santtu HulkkonenExecutive DirectorCleantech Finland, Finpro FINLAND-INDIA BUSINESS GUIDE 2012-13 l 7
  • 8. FinNode MessageDear Innovator,FinNode India is part of the Finnish FinNode innovation network. FinNode connects Finnish and internationalexperts and the know-how required to promote innovation. It reveals new openings for Finnish business andresearch organisations and supports their internationalisation. FinNode is an entity through which foreignpartners can engage with all the central public innovation organisations in Finland. The other network countriesare USA, China, Russia and Japan.FinNode India has identified opportunities for Finland-India collaboration in areas like clean water, energyefficiency, health and biotechnology, skills development and ICT. One overlapping interest area is frugal andinclusive innovation, where India has a lot to share with the rest of the world. FinNode India initiates joint projectsin these focus areas to foster collaboration between India and Finland, to evaluate opportunities, and to identifynew business models.Interest towards cooperation between Finnish and Indian organisations is growing fast. Finnish business,university and government delegations have visited India multiple times over the last year looking for concreteopportunities for doing things together. During the same time, three calls for joint research were executed withjoint funding by Finnish and Indian government bodies. An interesting example of activities in FinNode’s projectswas a piloting trip of small Finnish companies to rural Bihar. The companies were to test their innovations, such asan affordable house concept based on aluminium house frame, in real life settings with local people having longtradition of frugal innovation methods.Finland and Finnish organisations are strong in innovation and scaling up the innovations into wide use. Manyglobally leading and highly innovative Finnish companies are listed in this Business Guide.Let’s co-create solutions to the needs and problems of today and tomorrow!Riku MäkeläDirector, FinNode India8 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 9. Country Facts Finland – SuomiForm of State Parliamentary RepublicArea 338,000 sq. km.Capital HelsinkiOther Important Cities Espoo, Vantaa, Tampere, Turku, Oulu, Lahti, Kuopio, Jyväskylä, PoriImportant Ports Helsinki, Turku, Naantali, Oulu, Kotka, Hamina, Kokkola, PorvooNeighbouring Countries Sweden, Norway, Russia, EstoniaMajor Languages Finnish, Swedish (official languages), English (widely spoken)Major Religions Christianity (77 per cent are Lutheran)Climate Distinctive seasonal variations with cold winters and warm summersPopulation 5.4 millionLife Expectancy 83 years (women), 77 years (men)Adult Literacy Rate 100 per centUrban Population 67 per centForest Area (Percentage of total land area) 86 per centEnergy Sources in Electricity ProductionCoal 11.8 per centOil 0.4 per centNatural Gas 10.9 per centHydro 14.6 per centSolar -Wind 0.3 per centBiomass and Waste 12.7 per centNuclear 26.4 per centPeat 6.2 per centNet Imports 16.4 per cent FINLAND-INDIA BUSINESS GUIDE 2012-13 l 9
  • 10. India - Bharat Form of State Federal Republic, Parliamentary Democracy Area 3.3 million sq. km. (divided into 28 States and 7 Union Territories) Capital New Delhi Other Important Cities Mumbai, Kolkata, Chennai, Pune, Bengaluru, Hyderabad Important Ports Mumbai, Kolkata, Chennai Neighbouring Countries Pakistan, China, Bhutan, Nepal, Myanmar, Bangladesh Major Languages Hindi, English (official languages) Major Religions Hinduism, Islam, Christianity, Sikhism Climate Wide variations from mountain climate in the north to tropical climate in the south Population 1.24 billion Life Expectancy 68 years (women), 66 years (men) Adult Literacy Rate 65 per cent (women), 82 per cent (men) Urban Population 30 per cent Forest Area (Percentage of total land area) 21 per cent Energy Sources in Electricity Production * Coal 56.9 per cent Oil 0.6 per cent Natural Gas 9.1 per cent Hydro 19.0 per cent Renewable Energy Sources(RES) include SHP, 12.1 per cent BG, BP, U&I and Wind Energy Nuclear 2.3 per cent Peat - Net Imports -* Total Installed Capacity of India 201110 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 11. Trade and Economy Finland* India** GDP at Current Prices EUR 189 billion EUR 1,300 billion GDP per Capita at Current EUR 35.150 EUR 1.080 Prices GDP Growth at 2.7 per cent 7.2 per cent Constant Prices GDP Composition by Agriculture: 2.9 per cent Agriculture: 18.1 per cent Activity Industry: 29.2 per cent Industry: 26.3 per cent Services: 69.4 per cent Services: 55.6 per cent Inflation 3.3 per cent 8.6 per cent Total Exports EUR 57 billion EUR 235 billion Main Exports (worldwide) Forest industry products, chemical Petroleum products, textile goods, industry products, electrical & electronic gems & jewellery, engineering products, metal & metal products, goods, chemicals, agricultural machinery & equipment products Total Imports EUR 60 billion EUR 379 billion Main Imports (worldwide) Chemical industry products, mining & Petroleum (crude and products), quarrying products, electric & electronic machinery, gems, fertilizers, products, machinery & equipment, chemicals, transport equipment* Finnish figures are for the year 2011** Indian figures are for the financial year 2011-12 FINLAND-INDIA BUSINESS GUIDE 2012-13 l 11
  • 12. Bilateral TradeFinland-India Trade 2002-2011 (EUR million) 2000 1800 1600 1400 1200 1000 800 600 400 Exports, services Exports, goods 200 Imports, services Imports, goods 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Finnish Imports from India 2011 0% 0% 0% 0% 2% 2% 6% 6% Mineral fuels 10% Miscellaneous manufactured articles Basic manufactures 59% Chemicals and related products, nes Machinery, transport equipmt Live animals 15% Crude materials, inedible, except fuels Goods not classified elsewhere Animal, vegetable oil, fat Beverages and tobacco12 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 13. Finnish Imports from India 2011 (EUR million) Mineral fuels 394 Miscellaneous manufactured articles 100 Basic manufacturers 67 Chemicals and related products, nes 43 Machinery, transport equipmt 41 Live animals 12 Crude materials, inedible, except fuels 11 Goods not classified elsewhere 2 Animal, vegetable oil, fat 1 Beverages and tobacco 0 Others 2 0 50 100 150 200 250 300 350 400 450Finnish Exports to India 2011 0% 0% 0% 0% 1% 0% 5% 5% 6% Machinery, transport equipment Basic manufacturers 56% Chemicals and related products, nes 27% Crude materials, inedible, except fuels Miscellaneous manufactured articles Goods not classified elsewhere Food and live animals Beverages and tobacco Mineral fuels etc FINLAND-INDIA BUSINESS GUIDE 2012-13 l 13
  • 14. Finnish Exports to India 2011 (EUR million) Machinery, transport equipment 350 Basic manufacturers 171 Chemicals and related products, nes 35 Crude materials, inedible, except fuels 34 Miscellaneous manufactured articles 32 Goods not classified elsewhere 3 Food and live animals 1 Beverages and tobacco 0 Mineral fuels 0 Animal, vegetable oil, fat 0 Others 0 0 50 100 150 200 250 300 350 400Turnover of Finnish Companies andExports to India (EUR million) 8000 7000 6000 5000 4000 3000 2000 Exports, services 1000 Exports, goods 0 Turnover of Finnish 2002 2003 2004 2005 2006 2007 2008 2009 2010 companies in India14 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 15. Setting Up a Business in FinlandBusiness operations in Finland can be conducted as:• A private entrepreneur• A partnership• A limited liability company (formed by one or more individuals or legal entities)• A cooperative• A branch of a foreign companyBusiness can be carried on in Finland by a natural person who is resident of the EuropeanEconomic Area, Finnish organisation or foundation or a foreign organisation or foundationwhich has established a branch in Finland, established under the laws of a country belongingto the EEA and which has its registered office, central administration or principal place ofbusiness in a country belonging to the EEA. Most businesses must be registered with theTrade Register. Limited liability companies and co-operatives are among the most commoncompany forms that are created through registration. When determining the best suited formof conducting business activities in Finland, the following points should be considered:1. Number of FoundersIndividual entrepreneurs can conduct business activities in the form of a single-membercompany or as a private entrepreneur. Partnerships require minimum of two founders andcooperatives, at least three founders. A limited liability company may be a single-membercompany or may have several founders.2. Required CapitalFor setting up a limited liability company, a minimum share capital of EUR 2,500 is required.There are no minimum capital requirements for cooperatives or general partnerships. Forlimited partnerships, a monetary investment is needed from the silent partner.3. Division of Responsibilities in the EnterprisePrivate entrepreneurs, partners in general partnerships and general partners in limitedpartnerships are responsible for any liabilities of the business with their personal property.Shareholders in limited liability companies and members of cooperatives are responsible onlyfor the amount of capital they have invested. FINLAND-INDIA BUSINESS GUIDE 2012-13 l 15
  • 16. 4. Flexibility of ActivitiesA private entrepreneur is able to make all decisions on his/her own, partners in a general partnership and generalpartners in a limited partnership make decisions either jointly or solely, and limited liability companies arerepresented by their Board of Directors. In cooperatives, decisions are based on one member-one vote principle,irrespective of the amount of each member’s investment.5. Continuity of OperationsIn partnerships, if stated in the original agreement contract, the share of one partner can be transferred toanother person with the agreement of the other partners. In limited liability companies, shareholder changesdo not have an effect on the existence of the company. Memberships of a cooperative cannot be sold, but if asufficient level of unanimity is reached, the cooperative itself can be sold.6. Profit Distribution and Loss CoverageA private entrepreneur retains all profits but is also responsible for possible losses. In general partnerships,profits and losses are distributed among the partners either as decreed by the law or as stated in the partnershipagreement. Silent partners in limited partnerships are paid a share of the profit stated in the partnershipagreement, but they do not contribute to the coverage of losses.Limited liability companies pay their shareholders dividends, based on the amount of shares of each shareholder.Dividends can be paid only from the profits of previous accounting periods or unrestricted shareholders’ equityafter subtracting possible losses. In a limited liability company, the shareholders are responsible for the lossesonly for the amount they have invested, unless personal guarantees have been pledged for the company’s debts.The purpose of cooperatives is to provide services for their members, not obtaining profit as such. Surpluses canhowever, be distributed to the members, for example, in the form of extra wages, after first filling the reserverequirements laid on the cooperative.7. TaxationTax treatment varies depending on the form of the business, especially in regard to direct taxation. The jointeffect of tax burdens falling on the form of business and on the entrepreneur(s) determines the choice that ismost profitable in each specific case.Permits Required from Foreign EntrepreneursNon-EU citizens are allowed to stay in Finland with a tourist status for three months; however, if they wish towork, they are requested to apply for a residence permit, even if the period of stay is for less than three months.Entrepreneurs entering Finland with an entrepreneur status are requested to apply for an entrepreneur’sresidence permit, while still outside Finland.More information can be found in the EnterpriseFinland web portal, www.yrityssuomi.fi16 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 17. Setting Up a Business in IndiaA foreign company can set up business operations in India either as a foreign company byestablishing a liaison/representative office, project office or branch office or as a domesticcompany through equity participation in a joint venture company or as a wholly-ownedsubsidiary.A foreign company is one that has been incorporated outside India and establishes a place ofbusiness within India. Domestic companies are those incorporated in India. They are subjectto same rules and regulations as Indian companies.Liaison/Representative OfficeA foreign company can set up a liaison/representative office in India to collect data aboutpossible market opportunities, and provide information about the company and its productsto prospective Indian customers. Liaison office is allowed to represent the parent companyin India, promote export/import to/from India, promote technical or financial collaborationsbetween parent company and companies in India, and act as a communications channel.Liaison office is not allowed to undertake any commercial, trading or industrial activity.Additionally, its operations in India are to be met out of inward remittances received fromabroad.The companies willing to open a liaison office have to make an application to the ReserveBank of India (RBI). The process of approval takes about three weeks. Permission to set up aliaison office is usually granted for an initial period of three years, which may be extendedfrom time-to-time.Project OfficeA foreign company may open a project office in India provided it has secured from an Indiancompany, a contract to execute a project in India. Since project offices can be establishedonly for a limited period of time, it is usually companies engaged in turnkey or installationprojects that are setting them up. As per revised guidelines, recently issued by the RBI, noprior approval is required for setting up a project office. FINLAND-INDIA BUSINESS GUIDE 2012-13 l 17
  • 18. Branch OfficeForeign companies manufacturing or trading abroad are permitted to set up branch offices in India for export/import of goods, rendering services, carrying out research work, promoting collaborations, representing theparent company, and acting as a buying/selling agent in India.Permission for setting up branch offices is granted by the RBI on a case-to-case basis. Before granting theapproval, the RBI normally takes into consideration the operating history of the applicant company worldwideand its proposed activities in India. The process of obtaining approval from the RBI takes about three weeks.Wholly-owned SubsidiaryThe first step in the establishment of a wholly-owned subsidiary is to find out whether 100 per cent foreignequity and entry through automatic route are allowed. This means that no prior government approval is required.Nowadays, this is the case apart from a few sectors, which are either subject to Foreign Investment PromotionBoard (FIPB) approval or restricted altogether.The norms for Foreign Direct Investment (FDI) in India are governed by the Foreign Direct Investment Policy of theGovernment of India, Foreign Exchange Management Act 1999 and the Foreign Exchange Management (Transferor issue of security by a person residing outside India) Regulations 2000 issued by the RBI.For registration as an Indian company and its incorporation, an application has to be filed with the Registrarof Companies (ROC). A private limited company in India requires a minimum of two shareholders and a publiclimited company, a minimum of seven members. The minimum capitalisation norms for private and publiccompanies are ` 100,000 and ` 500,000 respectively.Joint VentureThe same rules applicable to wholly-owned subsidiaries, apply to joint venture companies, the only differencebeing the form of partnership between Indian and foreign companies. This is often a practical way to establisha presence. Setting up of operations through a joint venture can entail advantages like established distributionset-up, available financial resources and established contacts that help smoothen the process of setting up ofoperations.18 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 19. Information for Business TravellersInformation for Finnish Business TravellersFinnish business travellers to India require a visa, which has to be applied online at the website of Indo-GermanConsultancy Services (IGCS) Oy, The Embassy of India to Finland has outsourced the entire visaservices from December 5th 2011. After applying online, the applicant has to submit the printout of the onlinefilled application form with pasted photograph, passport and other documents to IGCS.General requirements for business visa:• Filled-in online visa application form• Visa fee• Passport valid for a minimum of six months with at least two blank pages• One colour photo pasted on the application form• Guarantee letter from employer• Invitation letter from IndiaPlease refer to the webpage of the Embassy of India in Helsinki ( or IGCS ( all information concerning visa – including visa fee and the mode of payment.Processing time for visa applications is normally five working days. However, in case of genuine emergency, visacan be granted earlier, subject to the decision of competent authority.Business visas are granted to applicants who wish to visit India to establish an industrial/business venture or toexplore possibilities to set up industrial/business venture, or wants to purchase/sell industrial products in India.Business visas are valid for up to one year. Long-term business visas valid for up to five years with multiple entriescan also be granted to Finnish and Estonian nationals. Each application will be examined on merit.For more information, please contact:Indo-German Consultancy Services, (IGCS) OyHitsajaankatu 20, Herttoniemi, 00810 HelsinkiTel: +358 (0)10 320 7560Fax: +358 (0)10 296 05 64E-mail: info@igcsvisa.fiWebsite: http://igcsvisa.fiInformation for Indian Business TravellersFinland is a Schengen state. The Schengen visa for Finland is issued by the Embassy of Finland in New Delhi. Theprocessing time is 12 working days.Visa applicants who have been to the schengen state can apply through an agent or representative. First timeapplicants have to come to the Embassy or apply to nearest consulate. Schengen visa issued by the Embassy canbe valid for maximum 90 days during six months from the date of entry. First time business travellers are usuallyissued visa for the duration of their sojourn in Finland. Visas can be issued for single, double or multiple entries.• For information relating to visa, please visit the webpage of the Embassy of Finland in New Delhi ( FINLAND-INDIA BUSINESS GUIDE 2012-13 l 19
  • 20. Business Facilitators Finpro Finpro is a consulting network focused on accelerating the internationalisation of Finnish companies while managing the risks involved. Finpro carries out this national task through a client-oriented approach in cooperation with other service organisations working towards the same goals. It operates through a unique global network of over 68 Finland Trade Centres across 42 countries. Address (Head Office): Finpro – Finland Trade Centre F-130, Ground Floor, Malcha Marg New Delhi-110 021, India Tel: +91-11-4309 2400 Fax: +91-11-4309 2420 Website: Address (Mumbai Office): Finpro Mumbai – Finland Trade Centre C/o. Times International Consulting 601, Maithili’s Signet, 6th Floor Plot # 39/4, Sector 30-A, Vashi Navi Mumbai-400 705, India Tel: +91-22-2781 4470/71/72 Fax: +91-22-2287 6013 Address (Chennai Office): Finpro Chennai – Finland Trade Centre C/o Findian Consulting Level-8, Tower-II, TVH Beliciaa Towers Block No 94, M R C Nagar Chennai-600 028, India Tel: +91-44-3988 2040 Fax: +91-44-3914 176020 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 21. Embassy of Finland in New DelhiDiplomatic relations between India and Finland were established on October 1, 1949. Thesame year, Finland opened its Embassy in New Delhi. The Embassy celebrated 60 years ofdiplomatic relations with India on October 1, 2009.Address: Kolkata (Calcutta):E-3, Nyaya Marg, Chanakyapuri, Mr Satish KapurNew Delhi-110 021, India Honorary ConsulTel: +91-11-4149 7500 C/o Mahadev Paper CorporationFax: +91-11-4149 7555 7A, A. J. C. Bose Road, (Second Floor)E-mail: Kolkata-700 017, IndiaWebsite: Tel: +91-33-2287 4328, 2290 1960 Fax: +91-33-2287 4329Honorary Consulates of Finland E-mail: mpc3408@dataone.inBengaluru (Bangalore): Mumbai (Bombay):Mrs Geetanjali Kirloskar Mr Shreyas Kirtilal DoshiHonorary Consul Honorary ConsulC/o Kirloskar Systems Ltd. C305, Dharam PalaceSeventh Floor, Embassy Star 100-103 N S Patkar MargNo 8, Palace Road, Vasanth Nagar Mumbai-400 007, IndiaBengaluru-560 052, IndiaTel: +91-80-4165 9828 Tel: +91-22-6639 0033Fax: +91-80-4132 7560 Fax: +91-22-6639 0044E-mail: E-mail: finconsmumbai@shrenuj.comChennai (Madras):Mr M. Ct. P. ChidambaramHonorary Consul202 (Old 742) Anna SalaiChennai-600 002, IndiaTel: +91-44-2852 4141Fax: +91-44-2852 1253E-mail: finconschennai@gmail.comIndo Finnish Business Forum (IFBF)Indo Finnish Business Forum (IFBF) was established in 2005 with the objective of promotingand developing business relations and networking between Finland and India. All theFinnish companies operating in India and Indian companies having presence in Finlandare welcomed to join IFBF.Address:Finpro – Finland Trade CenterF-130, Ground Floor, Malcha Marg, New Delhi-110 021, IndiaTel: + 91-11-4309 2400, Fax: +91-11-4309 2420Website: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 21
  • 22. CLEANTECH Cleantech Finland FINLAND CLEANTECH FINLAND® is a network of top cleantech experts. The company connects clients, partners, investors and other stakeholders with the best cleantech expertise. For decades, Finnish cleantech companies have solved environmental challenges making us global leaders in energy efficiency, clean industrial processes and bioenergy. Today, Cleantech offers you the best cleantech expertise. Problem solving is in Cleantech‘s nature. Address: F-130, Ground Floor, Malcha Marg, New Delhi-110 021, India Tel: +91-11-4309 2400, Fax: + 91-11-4309 2420 Mobile: +91-99719 00682 E-mail: Website: FinNode FinNode is a global network of Finnish innovation organisations. It connects Finnish and international experts and provides the know-how required to promote innovation. FinNode reveals new openings for Finnish business and research organisations and supports their internationalisation. Foreign partners can engage with all central public innovation organisations in Finland through FinNode India. FinNode’s network consists of the Ministry of Employment and the Economy, the Ministry for Foreign Affairs, Finpro, Tekes (the Finnish Funding Agency for Technology and Innovation), Sitra (the Finnish Innovation Fund), VTT Technical Research Centre of Finland and the Academy of Finland. The Ministry of Education and Culture and the Confederation of Finnish Industries EK also participate in directing FinNode’s activities. Finpro and Embassy of Finland are the key participants in FinNode India’s operations in New Delhi, Chennai and Mumbai. Address: FinNode India F-130, Ground Floor, Malcha Marg, New Delhi-110 021, India Tel: +91-11-4309 2400, Fax: + 91-11-4309 2420 E-mail: Website: Finnish-Indian Trade Association The purpose of the Finnish-Indian Trade Association is to develop relations between Finland and India in the fields of trade, industry and other lines of business. The Trade Association forms a forum for discussion. The primary task of the Trade Association is to act as a networking primus motor in Finland. The Trade Association brings together companies and private persons engaged in business between Finland and India. There are some 50 members representing various business sectors. Address: Finnish-Indian Trade Association C/o WTC Helsinki PL 800 00101 Helsinki Tel: +358-9-4242 6228 Website: l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 23. Finnish Tourist Board (MEK)Visit Finland – IndiaVisit Finland works in close cooperation with the Indian and Finnish travel and tourismindustry, implementing and financing marketing projects for Visit Finland. One of the jointgoals is to develop more enticing, competitive products for visitors to Finland.Address:Ms Papori Bharati, Marketing Representative503, Devika Apartments, Sec - 4 VaishaliGhaziabad, UP-201 010, IndiaTel:+ 91 120 411 27 44Mobile: + 91-98713 86203, +91-99539 60020E-mail: visitfinland.india@gmail.comWebsite: www.visitfinland.comThe Finnish Innovation Fund, SITRASitra is an independent public foundation under the supervision of the Finnish Parliament.Its activities are designed to promote the economic prosperity of the Finnish people. Sitrafocuses its operations on programmes through research and training, innovative projects,business development and corporate funding.Address:Itämerentori 2, PO Box 160FIN-00181 HelsinkiTel: +358-9-618 991Fax: +358-9-645 072E-mail: sitra@sitra.fiWebsite: www.sitra.fiFinnish Fund for Industrial Cooperation Ltd.Finnish Fund for Industrial Cooperation Ltd. (FINNFUND) is the Development FinancialInstitution of Finland. It provides long-term risk financing for private projects in developingcountries and select transition economies.Address:Dr Anand K Sethi, Adviser in India14-F, Basant Lok, Vasant ViharNew Delhi-110 057, IndiaTel: +91-11-2614 0346, 2614 0609Fax: +91-11-2614 5598E-mail: anand_sethi@vsnl.comWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 23
  • 24. Pohjola Bank Plc Pohjola Bank is the corporate banking arm of OP-Pohjola Group, the leading financial institution in Finland with a balance sheet of over EUR 94 bio and a network of over 500 branches. Pohjola provides its corporate and institutional customers with a full range of banking, non-life insurance and asset management services. In India, Pohjola Bank offers a range of local banking services to Finnish companies’ subsidiaries through partnerships and correspondent banking arrangements. Pohjola Insurance has a partnership with the international RSA Insurance Group, through which Pohjola can offer local insurance cover in India. In addition, Pohjola has a consultant in India to support Finnish companies. Companies’ specific needs concerning setting up business operations in India, selecting a local banking partner, opening bank accounts and choosing the right business location can be addressed through Pohjola Bank’s Consultant for India: Mr Bhupendra J. Shah Mobile +91-98210 95504 E-mail: Website: Handelsbanken Handelsbanken conducts universal banking operations in the Nordic countries, Great Britain, Germany and Poland. It is also building a branch network in the Netherlands, France and Spain. In Asia, the bank operates in China, Hong Kong, Taiwan, Singapore, Malaysia and India. The bank is one of the largest lenders to Finnish companies and employs over 700 people in Finland. Worldwide, there are 702 branches in 22 countries. The Indian office, located in Mumbai since 2006 and staffed with three persons, supports customers doing business in India by providing access to bank accounts and necessary operational credits. Imports and exports to/from India requiring letters of credits or guarantees is facilitated by the bank’s experienced trade finance teams. The bank offers customer financing for large Indian-related export deals as well as financing of infrastructure projects. Handelsbanken also provides foreign currency loans to Finnish companies in India. Indian companies looking for business opportunities in the Nordic area can avail themselves of the banks corporate finance specialists. Address: Mr Ashish Gupta Chief Representative Sixth Floor, Housefin Bhavan, C21 Bandra Kurla Complex Bandra East, Mumbai-400 051, India Tel: +91-22-2657 3826, Mobile: +91-98336 33169 Website: www.handelsbanken.com24 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 25. Invest in Finland, Finpro ryInvest in Finland offers a full set of professional, hands-on investment services for Indiancompanies that are always tailored according to their specific needs. The services coverevery stage of setting up a business in Finland, ranging from initial data collection andopportunity analysis to networking and the actual business launch.Address:Porkkalankatu 1FIN-00180 Helsinki, FinlandTel: +358-204-695 555Fax: +358-204-695 201Website: www.investinfinland.fiNokia Growth PartnersNokia Growth Partners is a global venture capital firm with US$ 250M under managementfor direct investment in promising mobile companies. The company also advises andmanages US$ 100M for investments in other venture capital firms through Nokia’s Fundof Funds Program.Address:NGP Advisors India Pvt. Ltd.Industrial Plot #243, Udyog Vihar Phase-IGurgaon-122 016, IndiaE-mail: ngpteam@nokiagrowthpartners.comWebsite: www.nokiagrowthpartners.comEuropean Business and Technology Centre (EBTC)European Business and Technology Centre (EBTC) was established on October 1, 2008.The EBTC is the reference point for promoting European business and research in India.EU companies will be able to contact the EBTC to receive information and support fortheir activities in the country, with focus on the environmental sector, energy, biotech andtransport.The EBTC is operated by EUROCHAMBRES consortium consisting of 16 businessorganisations, academic and research institutes from all over the EU. The centre works inclose cooperation with the already established national service providers and bilateralChambers of Commerce to ensure a complementarity of activities and thus, an addedvalue for European businesses. Finpro is a part of the cluster. It is heading the environmentcluster’s activities.Address:DLTA Complex, South Block, First Floor1, Africa Avenue, New Delhi-110 029, IndiaTel: +91-11-33521512Fax: + 91-11-33521501Mobile: + 91-98994 69188E-mail: verma@ebtc.euWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 25
  • 26. Finnvera plc. Finnvera plc. is a specialised financing company offering financial services to promote the domestic operations of Finnish businesses, and to further exports and internationalisation of enterprises. Its total export guarantee commitments involving India amount to around EUR 100 million. Address: PO Box 1010, FIN-00101 Helsinki Fax: +358-29-460 2580 Website: Finnish Funding Agency for Technology and Innovation, TEKES Tekes is the main public funding organisation for research and development in Finland. It funds industrial projects as well as projects in research organisations and especially promotes innovative, risk-intensive projects. Tekes offers partners from abroad, a gateway to the key technology players in Finland. Address: PO Box 69, FIN-00101 Helsinki Tel: +358-10-191 480 Fax: +358-9-694 9196 E-mail: Website: VTT Technical Research Centre VTT is an impartial expert organisation that carries out technical and techno-economic research and development work. VTT also produces information services. Address: VTT Technical Research Centre of Finland PO Box 1000, FIN-02044 VTT Tel: +358-20-722 111 Fax: +358-20-722 7001 E-mail: Website: The Academy of Finland The Academy of Finland provides funding for high quality scientific research, serves as an expert organisation in science and science policy and strengthens the position of science and research. Address: Hakaniemenranta 6 PO Box 131, FlN-00531 Helsinki Tel: +358-9-774 881 Fax: +358-9-7748 8299 Website: www.aka.fi26 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 27. Confederation of Finnish Industries, EKConfederation of Finnish Industries EK represents all sectors of business and all sizes ofcompanies.• About 16,000 member companies, of which 95% are SMEs• Over 70% of Finland’s GDP• Over 95% of Finland’s exports• About 950,000 employeesAddress:PO Box 30, FIN-00131 HelsinkiContact person: Ms Satu ToivonenTel: +358-40-821 2097E-mail: satu.toivonen@ek.fiWebsite: www.ek.fiFinnpartnershipThe Finnish business partnership programme, Finnpartnership, provides advisory servicesfor business activities of Finnish companies in developing countries and financial supportin the planning, development and implementation phases of a project.Address:C/o FinnfundPO Box 391, FIN-00121 HelsinkiTel: +358-9-3484 3314Fax: +358-9-3484 3346Website: www.finnpartnership.fiFinnfactsFinnfacts is an independent media service unit that operates as an interface betweenforeign media and Finnish industry and business. Finnfacts is a source of information onFinnish industry and business.Address:PO Box 147, FIN-00131 HelsinkiE-mail: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 27
  • 28. India Embassy of India in Helsinki India opened its Embassy in Helsinki in 1968. Address: Satamakatu 2A8, FIN-00160 Helsinki Tel: +358-9-228 9910 Fax: +358-9-622 1208 E-mail: Website: Confederation of Indian Industry CII is a non-government, non-profit, industry-led and industry-managed organisation, playing a proactive role in India’s development process. Founded over 114 years ago, it is India’s premier business association, with a direct membership of over 7,800 organisations from the private as well as public sectors, including SMEs and MNCs. It closely interacts on policy issues at both the central and state government levels. Address: The Mantosh Sondhi Centre, 23, Institutional Area Lodhi Road, New Delhi-110 003, India Tel: +91-11-2462 9994/7 Fax: +91-11-2462 6149 E-mail: Website: Federation of Indian Chambers of Commerce and Industry FICCI is the voice of India’s business and industry and has direct membership from the private as well as public sectors. FICCI works closely with the government on policy issues, enhancing efficiency, competitiveness and expanding business opportunities for industry through a range of specialised services and global linkages. It also provides a platform for sector-specific consensus building and networking. Address: Federation House, Tansen Marg, New Delhi-110 001, India Tel: +91-11-2373 8760/70 Fax: +91-11-2372 1504, 2332 0714 E-mail: Website: www.ficci.com28 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 29. NASSCOMNASSCOM (earlier National Association of Software and Service Companies) is the premiertrade body and the chamber of commerce of the IT software and services industry in India.The organisation was set up to facilitate business and trade in software and services, and toencourage advancement of research in software technology.Address:International Youth CentreTeen Murti Marg, Chanakyapuri, New Delhi-110 021, IndiaTel: +91-11-2301 0199, Fax: +91-11-2301 5452E-mail: info@nasscom.inWebsite: www.nasscom.inMinistry of TourismThe Ministry of Tourism provides travellers with useful information about travel destinations,train and flight ticket bookings, accommodation, places to eat, etc.Address:Transport Bhavan, Parliament Street, New Delhi-110 001, IndiaTel: +91-11-2371 1995, Fax: +91-11-2371 0518E-mail: contactus@incredibleindia.orgWebsite: www.incredibleindia.orgIndia Brand Equity Foundation (IBEF)India Brand Equity Foundation (IBEF) is a public-private partnership between the Ministryof Commerce and Industry, Government of India, and the Confederation of Indian Industry.It aims to effectively present the India business perspective and leverage businesspartnerships in a globalising marketplace.Address:Confederation of Indian Industry249-F Sector 18, Udyog Vihar Phase IVGurgaon-122 015, Haryana, IndiaTel: +91-124-401 4060/67, Fax: +91-124-401 3873E-mail: ceo@ibef.orgWebsite: www.ibef.orgFederation of Indian Micro, Small & Medium Enterprises (FISME)FISME is the leading trade body of SMEs in India. It is a large network of geographical andsectoral SME associations present all over the country. Having a strong reform orientation,it primarily focuses on trade and market access issues and besides providing trade support,is engaged in studies, research and advocacy on behalf of SME sector.Address:B-4/161 Safdarjung Enclave,New Delhi-110 029, IndiaTel: +91-11-2618 7948, 26712064, 46023157, 46018592, 26109470Fax: +91-11-2610 9470E-mail: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 29
  • 30. Indian Companies in Finland An increasing number of Indian companies are now reaching out for overseas destinations in order to access high-growth markets, technology and knowledge, boost their positioning in the value chain, attain economies of size and scale of operations, to tap global natural resource banks and leverage international brand names for their own brand building. Finland as a gateway to the EU, the Baltic and the Russian markets attracts Indian companies to locate their businesses there. Almost all leading Indian IT companies have a presence in Finland, but also other industries are discovering Finland. Blue Star Infotech Ltd. Brief Profile Founded in 1983 and headquartered in Mumbai (India), Blue Star Infotech is a part of the Blue Star Group. The company has operations in India, USA, Japan, UK and Europe. Blue Star Infotech is a global provider of product services, enterprise services, travel and hospitality services, and independent testing services. Finland Operation Details The company has a marketing office and service branch in Espoo, since 2000. Address: Tekniikantie 12, 02150 Espoo Tel: +358-9-2517 5080, Fax: +358-9-455 3117 E-mail: Website: Corus Finland Oy Brief Profile Corus manufactures, processes, and distributes steel products and services to customers worldwide. Corus is part of the Tata Steel Group, one of the world’s top 10 steel producers. Corus is Europe’s second largest steel producer. Finland Operation Details Corus Finland Oy has a sales office in Helsinki since 1996. Address: Tata Steel International Hitsaajankatu 22, 00810 Helsinki Tel: +358-9-454 2450, Fax: +358-9-4542 4520 E-mail: Website: l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 31. Digient Technologies Pvt. Ltd.Brief ProfileDigient Technologies is a leading end-to-end software services provider specialising inapplication development, product development, maintenance, and testing for industriessuch as gaming, retail, marketing, media, entertainment, eLearning, travel and hospitalityand eBusiness. The company was established in 2007.Finland Operation DetailsDigient Technologies has a sales office in Finland.Address:Digient Technologies FinlandMannerheimintie 5 BFIN-00100, Helsinki, FinlandTel: +358-40 55 28 373E-mail: sales@digient.inWebsite: www.digient.inEvalueserve Nordic ABBrief ProfileEvalueserve offers high quality knowledge services in investment research, businessresearch, intellectual property, market research and financial analytics to clients worldwide.Founded in 2000, it has operations centres in India, China and Chile and a strong salespresence across all major global locations.Finland Operation DetailsThe company has a sales office in Finland since 2008.Address:C/o Mäkitalo RantanenAttorneys-at-LawEteläesplanadi 18, 00130 HelsinkiTel: +358-9-684 4410Website: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 31
  • 32. Industeel Nordic AB Brief Profile Industeel is a subsidiary of the Indian ArcelorMittal Group, specialised in advanced technology of carbon steel, alloy and stainless steel plates. Operating three complementary industrial plants in France and Belgium, Industeel also has a network of 40 sales offices throughout the world. Finland Operation Details Industeel has a sales office in Helsinki. Address: Yrjönkatu 9 A 3 00120 Helsinki Tel: +358-9-7422 2470 Fax: +358-9-7422 2450 Website: Infosys Technologies Ltd. Brief Profile Infosys Technologies Ltd. is a global leader in the ‘next generation’ of IT and consulting. The company is providing services to customers globally as partners to conceptualise and realise technology-driven business transformation initiatives. Infosys uses a low-risk Global Delivery Model (GDM) to accelerate schedules with a high degree of time and cost predictability. The company has leveraged the global trend of offshore outsourcing. Finland Operation Details In Finland, the company has been operating since 2006 as a wholly-owned subsidiary. Address: Mannerheimintie 12 B, 00100 Helsinki Tel: +358-9-2516 6239 Fax: +358-9-2516 6100 Website: www.infosys.com32 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 33. ITC Infotech India Ltd.Brief ProfileITC Infotech, a fully-owned subsidiary of ITC Ltd., is one of the fastest growing India-basedglobal IT and ITeS company. Founded in October 2000, the company has established itselfas a key player in offshore outsourcing, providing outsourced IT solutions and servicesto leading global customers. The company is rated amongst the ‘World’s Most ReputableCompanies’ by Forbes magazine.ITC Infotech is focused on servicing the manufacturing, Banking, Financial Services andInsurance (BFSI), Consumer Packaged Goods and Retail (CPG&R) and Travel, Hospitality andTransportation (THT) industries across North America and Europe.Finland Operation DetailsITC Infotech Finland has a branch office in Helsinki.Address:Newell Consulting OyPO Box 16, Olari, 02211 Espoo, HelsinkiTel: +358-9-6689 650Fax: +358-9-6689 6510Website: www.itcinfotech.comMedipolis GMP OyBrief ProfileMedipolis GMP Oy is a private company, whose majority stakes are owned by Marvel LifeScience UK, a flagship company of the Indian MJ Group of companies.Finland Operation DetailsMedipolis GMP Oy offers small scale Contract Manufacturing (CMO) services for drugdevelopment and bio-pharmaceutical companies. It specialises in microbial fermentation.Medipolis also offers analytical services through subcontractors.Address:Kiviharjuntie 2, 90220 OuluTel: +358-20-754 5880Fax: +358-20-754 5879E-mail: info@medipolisgmp.comWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 33
  • 34. Novamass Ltd. Brief Profile Novamass Oy is a contract research company performing ADME studies for drug discovery and development companies. The company’s core competencies are studies on in-vitro drug metabolism, CYP-related drug interactions and permeation. Novamass also provides tailor-made solutions based on LC/MS and NMR techniques (custom analysis) for bio- pharmaceutical and chemical industry, and natural product analysis. Finland Operation Details The University of Helsinki Funds and the Indian Tooltech Software Pvt. Ltd. have the majority holding of Novamass Oy through their joint venture, Systems Biology Worldwide Ltd. Address: Medipolis Centre Kiviharjuntie 11, 90220 Oulu Tel: +358-20-763 9666 Fax: +358-20-763 9660 Website: Sasken Finland Oy Brief Profile Sasken Communication Technology Ltd. (established in 1989) is a global leader in R&D and provides support services to companies across the communications value chain. Sasken provides products and services to leading semi-conductor, terminal device, network equipment and test and measurement companies and service providers globally. It operates in India, China, France, Finland, Germany, Japan, Mexico, the UK and the US. Finland Operation Details Sasken Finland Oy is a subsidiary of Sasken Communication Technologies Ltd. of India and has two subsidiaries in Finland – Botnia Hardware Oy and Ionific Oy. The company provides hardware, software and mechanical design and testing for the wireless industry. Address: PO Box 29 (Vissavedentie 1) FI-69601 Kaustinen, Finland Tel: +358-10-408 1111 Fax: +358-6-861 2370 Website: www.sasken.fi34 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 35. Satyam Computer Services Ltd.Brief ProfileMahindra Satyam Group is a leading global business and information technology servicescompany that leverages deep industry and functional expertise, leading technologypractices, and an advanced, global delivery model to help clients transform their highest-value business processes and improve their business performance. Satyam ComputerServices is a part of Mahindra Group, one of the top 10 Indian industrial firms. TheGroup’s interests span financial services, automotive products, trade, retail and logistics,information technology and infrastructure development.Finland Operation DetailsThe company has a branch office in Finland since 2008.Address:Satyam Computer Services LimitedPetrasol Oy, Valimotie 13 AFinland-00380 HelsinkiTel: +358-9-473 060, Fax: +358-9-4730 7999Website: www.mahindrasatyam.netSystems Biology Worldwide Ltd.Brief ProfileSystems Biology Worldwide Ltd. is a joint venture established in 2007 by the Universityof Helsinki Funds and Tooltech India Pvt. Ltd. Systems Biology Worldwide is an innovativeand dynamic biotechnology company for drug discovery and development services thatcombines the Finnish and Indian advantages. Their dynamic delivery solution brings topharmaceutical and biotechnology clients, the Finnish high-tech knowledge and Indiancost efficiency.Finland Operation DetailsA joint venture company, it is headquartered in Helsinki with operations in Turku and Oulu.Systems Biology Worldwide’s strategy is to bring Finland’s best research service companiesin pharmaceutical research together, build a research service organisation covering theentire value chain, as well as develop the commercialisation of academic research expertise.Address:Aikatalo Building, Mikonkatu 8, 00100 HelsinkiTel: + 358-10-439 9440, Fax: +358-9-678 783E-mail: info@sbw.fiWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 35
  • 36. Tanla Oy Brief Profile Tanla Solutions is a leading provider of license management and on-device payment solutions for mobile applications. The core product, Tanla License Manager, provides wireless software vendors and content distributors with an advanced, 24/7 service solution for software license management and on-device payment. Tanla License Manager gives wireless software vendors a possibility to create multiple and flexible end-user licensing options and to ensure revenue flows worldwide; through nearly 90 operator networks and all the major credit cards. Finland Operation Details Tanla Oy, Finland (formerly Openbit Oy) is a wholly-owned subsidiary. The head office is in Tampere and European sales office in Espoo. Address: Aleksanterinkatu 32 B, 33100 Tampere Tel: +358-3212 2893 Fax: +358-3-212 2894 E-mail: Website: Tata Consultancy Services Ltd. Brief Profile Tata Consultancy Services (TCS) is one of the world’s leading information technology companies. Finland Operation Details Tata Consultancy Services has been in the Finnish market for more than 11 years with a registered office in Helsinki since 2008. TCS consultants in Finland are servicing clients within manufacturing, energy resources and utilities, banking and financial services, telecom and retail & distribution. Address: Tata Consultancy Services Ltd. Itämerenkatu 5, 00180 Helsinki Tel: +358-9-4730 7175 Fax: +358-9-4730 7180 E-mail: Website: www.tcs.com36 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 37. Tooltech Europe OyBrief ProfileTooltech is headquartered in Pune, India and has offices in eight countries. It has a poolof trained manpower resources with 80 European nationals. Tooltech is a pioneer inengineering services outsourcing, having recognised the benefits of a global engineeringmodel. The company’s engineering solutions cut across industry verticals: automotive,aerospace, heavy engineering, oil and natural gas, marine and tool design.Finland Operation DetailsTooltech has a subsidiary in Helsinki since 2004.Address:Tooltech Europe OyMikonkatu 8, 00100 HelsinkiTel: +358-40-563 1205Fax: +358-9-678 783Website: www.tooltech.netToxis OyBrief ProfileToxis Oy provides a broad range of biological testing and non-clinical research services. It isa wholly-owned subsidiary of Systems Biology Worldwide Ltd.Finland Operation DetailsToxis Oy is a Turku-based contract research organisation.Address:Lemminkäisenkatu 14-18 C20520 TurkuTel: +358-40-519 0266E-mail: info@toxis.fiWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 37
  • 38. Wipro Infrastructure Engineering Oy Brief Profile Wipro Infrastructure Engineering Oy develops, manufactures and markets high quality hydraulic components and hydraulic cylinders. Wipro tippers and hydraulics are market leaders in Nordic countries. Wipro Infrastructure Engineering Oy has its own distribution network in Europe. Finland Operation Details In 2006, Wipro Ltd. acquired the Finnish-Nummi Oy with a production plant in Perniö. Address: Wipro Infrastructure Engineering Oy Torpanmäentie 3, PO Box 9, 25501 Perniö Tel: +358-29-055 2849 Fax: +358-29-055 2800 Website: Wipro Technologies Oy Finland Brief Profile Wipro is a global IT services company that leverages comprehensive business and technology solutions across diverse domains. It is the world’s largest independent R&D services provider. The company is present in countries around the world. Finland Operation Details Wipro Technologies Oy Finland is a wholly-owned subsidiary, specialised in product development in telecommunications technology. The Head Office is located in Rovaniemi with 7 development centres around Finland. Address: Wipro Technologies Oy Finland, Rantavitikantie 33, 96300 Rovaniemi PO Box 131, 96101 Rovaniemi Tel: +358-16-333 111 Fax: +358-16-333 1244 Website:, www.wipro.com38 l FINLAND-INDIA BUSINESS GUIDE 2012-13
  • 39. ZenSar Technologies Ltd.Brief ProfileZenSar is headquartered in Pune and has a global marketing presence. The companydelivers comprehensive services in mission-critical applications, enterprise applications,eBusiness, BPO and knowledge services. Its key verticals are manufacturing, retail, logistics,financial services, telecom and utilities. ZenSar employs more than 5,000 employees and itsturnover is EUR 130 million.Finland Operation DetailsZenSar has a subsidiary in Finland, serving as the sales hub for Northern Europe.Address:ZenSar Technologies Ltd.C/o Nice-business Solutions Finland OyValimotie 16 PO Box 458, FI-00101 HelsinkiTel: +358-9-567 5934, 45-7880 5934Fax: +358-45-7880 8955E-mail: finland@zensar.comWebsite: FINLAND-INDIA BUSINESS GUIDE 2012-13 l 39
  • 40. Finnish Companies in IndiaCurrently there are more than 100 Finnish companies established in India and the number is constantly rising,with an increasing number of investments in the past 4-5 years. Though Finnish companies are present mainlyas subsidiaries, but a few joint ventures or representative/liaison offices are also there. These companies can beclubbed into the following sectors: Software and Digital Media, Life Sciences, Energy and Environment Forestry,Construction, Logistics and Machinery, and Services.The major geographical concentration is around Delhi and National Capital Region (NCR), Mumbai, NaviMumbai, Pune, Chennai and Bengaluru. In addition, another 100 Finnish companies export their products toIndia or operate in the market through local agents, representatives or importers.40 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 41. Important Business Sectors for Indo-Finnish CooperationTELECOMThe Indian telecom sector is among the fastest growing in the world with 930 million wireless subscribers (31st May2012) and corresponding teledensity of 76.68%. Mobile value added services have been a key growth driver overthe last few years with strong future growth expected in m-health, governance, commerce, banking, educationand entertainment; cloud-based applications will also witness substantial uptake. There is strong policy focus onpromotion of telecom R&D, aimed at making India a hub for telecom manufacturing by incentivising domesticmanufacturers with thrust on IPR, product development and commercialization, and also offering preferentialmarket access for indigenously manufactured products. The Government aims to increase broadband access to175 million and provide mobile access to all villages and rural teledensity of at least 60% by 2017.IT-BPOIndian IT-BPO constitutes 58% of the global sourcing industry in terms of market share. Aggregate revenues areestimated to cross the USD 100 billion mark with exports at USD 69 billion (Source: Nasscom). The buzzword of thedecade is ‘innovation’ with emphasis on new business and delivery models, new products and services, besidesthe need to localize for the significant domestic market. India offers significant advantages of skills availabilityand cost effectiveness sustainable in the long term due to the young demographic profile of the country, inaddition to the rapidly expanding global delivery footprint and enhanced service delivery efficiency. Other areasshowing significant growth and offering opportunities to foreign companies are: IT Services (consulting, systemsintegration, IT outsourcing/managed services/hosting services, training and support/maintenance); Engineeringand R&D Services; and Data Centre Services. The industry has also been moving towards Green IT, helpingcustomers lower their carbon footprint through adoption of environment-friendly technology.Life SciencesHealthcare market is one of the fastest growing markets in India. The Euro 25 billion industry is expected tocontinue growing annually by 10-12 per cent and is thus, expected to reach over Euro 53 billion by 2012 andEuro 108 billion by 2017. The sectors showing highest growth in demand are medical infrastructure, medicalequipment and medical textiles.The Indian domestic pharmaceutical market is around Euro 7 billion, being one of the biggest sectors in Lifesciences. Growing number of the manufacturers have international quality certificates. Medical diagnostics is aninteresting area for collaboration due to continuous market growth of 10-15 per cent per year, but also due toopportunities in manufacturing or R&D collaboration. Clinical research services sector in India is growing annuallyby 25 per cent and due to cost efficiency it offers an interesting opportunity for the Finnish manufacturers. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 41
  • 42. India is gearing up to be the ultimate health tourism destination by upgrading the existing infrastructure to worldstandards. The food industry is also interesting: the semi-processed and ready-to-eat packaged food industry isgrowing at over 20 per cent a year. The retail sector is growing at 6 per cent. Value addition in food processing andincreased health awareness as well as demand for special foods, e.g. targeted for diabetics or persons with highcholesterol create demand for smaller players with special products or ingredients. “Food Safety and Standardact which came into force in August 2011 will increase hygienic practices and control, thus creating demand oftests and training.”Energy, Environment and ForestryIndia ranks sixth in the world in total energy consumption and needs to accelerate the development of the sectorto reach the goal to provide energy security to all. The Indian energy basket has a mix of all the resources availableincluding renewables. In the 12th Five-Year Plan, India plans to add about 75785 MW of energy of which 82%is proposed to be coal-based, with an estimated investment requirement of about €100 billion. The total fundrequirements for Generation, CPP, Repair and Maintenance, Transmission and Distribution, Renewables etc. isestimated to be about €200 billion. Renewable energy sources are expected to add around 30500 MW of installedcapacity, whereas captive power plants are expected to add around 13000MW during this period. The lack ofavailability of quality coal in the domestic market and increasing costs of imported coal has hit the Indian thermalpower producers in a big way in recent years. This has raised the interest levels among many key stakeholders inthe power sector to look at alternate sources of energy. Finnish companies, with their expertise in Cleantech andother advanced energy management solutions have the opportunity to tap this promising sector. The main areasoffering investment opportunities are a) Green energy or renewable energies like wind, solar, biofuel, small hydroand alternative energy sources like waste to energy, b) Environment monitoring and measuring and industrialpollution control, c) Clean manufacturing technologies in different sectors, d) Energy audit and efficiency services,e) Waste management – especially solid and eWastes, f ) Clean water and sanitation, g) Carbon trading or CDMopportunities, h) Green buildings, i) Know-how and equipment for the upcoming nuclear power generationcapacities, j) Power plant equipment and machinery, k) Transmission equipment and network automation.42 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 43. India represents a key market for clean technology companies. India is investing billions into solar, wind, bio-agriculture, desalination, recycling, water management, waste, and e-waste, calling for international partnerships.The objective of the Indian government is to foster a second Green Revolution. There is a thrust in the 12th FiveYear Plan towards private investments in the use of clean energy. Foreign Direct Investment (FDI) in environmentequipment and services is allowed under the automatic route with up to 100 percent foreign equity holding. Themain market drivers of the India Environment Market include stricter governmental regulations, growing publicawareness, depletion of natural resources, increasing human-environment conflicts, rapid economic growth,and the pressures from the global climate negotiations, which are leading to adoption of newer and cleanertechnologies, and a growing clean tech industry.Major opportunities in the environment sector include wastewater treatment especially municipal sewagetreatment, clean water and sanitation, air pollution control, hazardous waste management, municipal solidwaste-to-energy/composts projects, environmental instrumentation, environmental monitoring, measuring andindustrial pollution control, clean manufacturing technologies in different sectors, energy audit and efficiencyservices, and consulting & training. The adoption of newer and cleaner technologies from Finland will help Indiato leapfrog into a more sustainable growth pathway as the Indian economy grows rapidly.India is a timber-deficient country. Given the decline in domestic production of industrial timber and thegrowing demand for wood products, India offers an enormous potential market for Finnish softwood, veneer,thermo-treated wood and wood treatment machinery. Other potential areas are paper production technology(equipment front); raw material handling, separation of pith and fibre technology (TECHNOLOGY front), tissueculture lab; environment: energy efficiency, waste management, training; Power generation: bio-methanation topower; technology for value addition of paper products like coating of paper and innovative packaging.Construction, Logistics and MachineryIndia’s infrastructure opportunities will continue to be a priority for the economy and the Government in thecoming decade. The infrastructure sector accounts for more than 25 percent of India’s industrial output. Theinfrastructure today in India offers tremendous opportunities for industrial houses and foreign companies inconstruction, logistics and machinery. Irrespective of global or slight domestic slowdown, the need to developthe infrastructure in India has always been a top priority for government in power.The strong level of economic growth achieved in India in recent years has led to an expansion of industry,commerce and per-capita income, which, in turn, have fuelled the demand for infrastructure services. India is oneof the largest and most dynamic infrastructure and project finance markets in the world with the total number ofproject based Special Purpose Vehicles (SPVs) at around 800, according to Ratings Agency Fitch.The investment in infrastructure is likely to touch 10 per cent of GDP in the 12th Five Year Plan (2012-2017). Withthe increasing investment, the share of private sector in the total investment on infrastructure has increasedrapidly. The contribution of private sector in total infrastructure investment in each of the first two years of 11thPlan (2007-2012) was around 34 per cent. This is higher than the 11th Plan target of 30 per cent and 25 per centachieved in 10th Plan period. It is expected to rise to 36 per cent by the end of 11th Plan and 50 per cent duringthe 12th Plan (2012-2017).Public Private Partnership is encouraged by the Government to meet the infrastructure objectives and hencethere are many opportunities for the private players in Indian market. The sector does not have any restriction ofinvestment by a foreign company and foreign investment is encouraged in this sector. Companies with mediumto long term objective can grow manifold in this market as it offers ample opportunities for growth. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 43
  • 44. Construction & MiningThe mining sector, particularly in India, is getting more organised, structured and transparent than in the past. Thiswill allow more possibilities for international and domestic companies to participate in the mining opportunities.Heavy machinery and component manufacturing industry, especially earth moving equipment machinery, hasa high demand in India.ShippingIndia’s Ministry of Shipping announced plans to carry out more than 22 new projects starting 2012. The projectswill involve an investment of more than INR160bn (US$3.21bn). The ministry is also discussing Land Use Policyand Coastal Shipping. The Ministry of Shipping plans to invest US$ 13.45 billion for development of variousprojects in the port sector as a part of the 12th Five Year Plan (2012-17).AirportsAircraft maintenance, repair and overhaul (MRO) sector is on a growth path in the country. The sector holds a lotof opportunities for companies within the technical services outsourcing business domain. Passengers carriedby domestic airlines during Jan-Jun 2012 (half yearly) were 31 mn as against 29.8 mn during the correspondingperiod of previous year, thereby registering a growth of 3.71 per cent, according to the latest data released by theDirectorate General of Civil Aviation (DGCA). This is despite slowdown globally and slight in India too. The numberof scheduled passenger airline operators has grown to 15 and the number of aircraft in their fleet has risen tomore than 400. International flights have increased to 706 flights per week. Due to enhanced opportunities forinternational connectivity, 69 foreign airlines from 49 countries are flying into India.RoadwaysIn March 2012, the Indian Government had launched an INR200bn (US$4bn) tender for 15 road infrastructureprojects under a design, build, operate, finance and transfer (DBOFT) basis. 10 of the projects will involve thewidening of roads to four-lane highways, whilst a further three will see roads widened to six-lane highways.E-WasteAs per the E-waste Management and Handling Rules 2011 which came into effect from May 1, 2012, it is nowthe producers’ liability for recycling and reducing e-waste. These rules apply to every producer, consumer orbulk consumer, collection centre, dismantler and recycler of e-waste involved in manufacture, sale, purchase44 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 45. and processing of electronic equipment or components. This also creates a tremendous market opportunity fore-waste management service providers.India as a Major Manufacturing HubIndia is being recognised as a destination for outsourcing of custom-based, high-technology manufacturingactivities. Although, India is more on service sector, the need to focus on manufacturing is emphasised andmanufacturing will gain momentum in the coming years.There are various incentives for manufacturing in India.Logistics is a fast growing sector, with approximately 110 logistics parks and 45 million sq ft of warehousing spaceto be developed across the country.Services – Education, Knowledge-Intensive Businesses, Design, Travel And Leisure, Well-Being ServicesWith increasing affluence there is a rising demand in high end services especially in the sectors of Retail, Education,Transportation and Construction.Retail has seen revolutionary changes with radical policy changes and various players entering the organizedretail. The organized version of retail is poised for doubling the market size in the next 3-5 years.High quality education is seen as a must not only in primary but also in vocational education. Finland hasopportunity in introducing innovative learning concepts not only at the primary level but also at higher academiclevels and in adult education. Private sector education would be the focus point.The growing population demands better facilities for transportation and India’s cities and towns have beenevolving in this front. The utilization of better technologies and mechanisms to facilitate efficient transportationis the need of the hour in terms of intelligent transport systems, integrated services, etc.High-end construction especially the LEED certified projects are much in demand in India and the constructionsector has grown by leaps and bounds. Green building technologies, building management systems, etc. aresome of the sub-sectors that have good potential.Tourism between India and Finland is increasing, and Finland is also being marketed by Visit Finland as adestination. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 45
  • 46. 10/40 Tech Oy Brief Profile Mechanical designing and engineering services. Environmental and energy technology solutions. India Operation Details The company has a marketing and engineering office in Chandigarh with small operations in Srinagar. Address: Sco 345, II Floor, Sector 9, Panchkulla-134 109, Haryana, India Tel: +91-98724 72308 E-mail: ABB Limited Brief Profile ABB ( is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people. India Operation Details ABB’s operations in India ( are in excess of US$ 1 bn. The company has 14 manufacturing facilities and over 8000 employees in the country. ABB has an extensive countrywide presence with around 23 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 550 channel partners. ABB continues to bring value to customers in India through leading edge technologies, domain expertise and project execution abilities. India is the largest engineering design and R&D resource base for ABB Group worldwide. The company’s technology strengths, wide offering portfolio and unique ability to package solutions and provide a single window approach to verticals continue to be a key differentiator. While the top-line grows as they create value for customers, focus on productivity, operational efficiencies and working capital management continues to ensure profitability. Address: 2nd Floor, 49 Race Course Road, Khanija Bhavan, Bangalore-560 001, Karnataka, India Tel: +91-80229 49195 E-mail: Website: l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 47. Abloy High Security Locks (India) Pvt. Ltd.Brief ProfileAbloy High Security Locks Private Limited is the Indian subsidiary of Abloy Oy. Abloy specialisesin high security restricted master key systems and electronic and electro-mechanical securityproducts. Abloy India deals exclusively with genuine Abloy products, which it imports fromits manufacturing plant in Joensuu, Finland, and configures and assembles to local customerrequirements.India Operation DetailsAbloy India was established in 2008 in Chennai, and has offices in Mumbai and Delhi, anddistributors in Bangalore, Coimbatore, Delhi, Hyderabad, Kochi, Mumbai and Colombo. Thewarehouse and administration offices are located in Teynampet, Chennai.Address:#43 K.B. Dasan Road, Teynampet, Chennai Tamil Nadu-600 018, IndiaTel: +91-44-4390 7100E-mail: info@abloy.inWebsite: www.abloy.inActiveark Digital Media Pvt. Ltd.Brief ProfileActiveark is a full-service Digital Media agency built for today’s digital society. The companyhas 80+ design-driven digital professionals located in three locations around the world,Helsinki, London and Mumbai. They provide customers means to engage with their customers.Activeark focuses on delivering and implementing good ideas in the digital environment andvalue result-driven digital marketing. The company recently won the ‘Agency of the year ‘12’in Finland.India Operation DetailsActiveark India’s major focus is on technology & design which includes building interactive,responsive websites and mobile applications and at the same time helping customers with theirsocial media engagement, branding and SEO.Address:D-Wing, 204 Gayatri Sankul CHS, Plot No. 38, Sec 20, Kharghar, Navi Mumbai-410 210, IndiaWebsite: www.activeark.fiAhlstrom Asia Holding Pte. Ltd.Ahlstrom Fibre Composites India Pvt. Ltd.Brief ProfileAhlstrom is a global leader in the development, manufacture and marketing of highperformance fibre-based materials. Non-wovens and specialty papers are used in a largevariety of everyday products, e.g. in filters, wipes, flooring, labels and tapes. The companyhas a strong market position in several business areas, built upon the company’s unique fibreexpertise and innovative approach. Ahlstrom’s 5,800 employees serve customers via salesoffices and production facilities in more than 20 countries across six continents. Ahlstrom’snet sales was EUR 1.9 billion (2010). FINLAND- INDIA BUSINESS GUIDE 2012-13 l 47
  • 48. India Operation Details Ahlstrom Asia Holding Pte. Ltd. has a branch office in India with the area of business being specialty papers and non-wovens. Ahlstrom Fibre Composites India Pvt. Ltd. is a wholly- owned subsidiary and has a manufacturing unit in Gujarat. Address: Ahlstrom Asia Holding Pte. Ltd. 108-109, Prakashdeep Building, 7 Tolstoy Marg, New Delhi-110 001, India Tel: +91-11-4307 0951 Fax: +91-11-4358 6176 Website: Ahlstrom Fibre Composites India Pvt. Ltd. 121 Ansal Bhawan, K G Marg, New Delhi-110 001, India Tel: +91-11-2375 3680 Fax: +91-11-2375 3681 Website: Andritz Oy, Andritz Technologies Pvt. Ltd. Brief Profile ANDRITZ is a technology–centre company with global operations. ANDRITZ Group is a global leading supplier of plants, equipment and services for hydropower stations, the pulp and paper industry, solid/liquid separation in the municipal and industrial sectors, the steel industry, and the production of animal feed and biomass pellets. In addition, ANDRITZ offers technologies for certain other sectors including automation, pumps, machinery for nonwovens and plastic films, steam boiler plants, biomass boilers and gasification plants for energy generation, flue gas cleaning plants, plants for the production of panelboard (MDF), thermal sludge utilization, and torrefaction plants. The publicly listed ANDRITZ GROUP is headquartered in Graz, Austria and has a staff of approximately 17,000 employees worldwide. ANDRITZ operates over 180 production sites as well as service and sales companies all around the world. India Operation Details ANDRITZ OY has been in operation in India since 1990, with a liaison office in New Delhi. In addition, the group has an office in Chennai - Andritz Technologies Pvt. Ltd. Both offices are headquartered in Finland and are looking after the activities in Pulp & Paper Mill Equipment, Systems & Engineering. Address: ANDRITZ OY (India Office) ANDRITZ Technologies Pvt. Ltd. Building No: 7, Flat No. 204-206, L.S.C. The Lords, Block II, Plot No. 1&2 (NP), III Madangir Road, New Delhi-110 062, India Floor, Thiru Vi-Ka Industrial Estate Tel: + 91-11-4102 5097 Jawaharlal Nehru Road, Ekkatuthangal, Fax: + 91-11-4102 5098 Guindy, Chennai-600 032, India E-mail: Tel: +91-44-4293 9351 Website: Mob: +91-97890 59351 E-mail: Website: www.andritz.com48 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 49. Ashley Alteams India Pvt. Ltd. Brief Profile Alteams Group’s core business is manufacturing of cast light metal components including related services like design of castings and tooling as well as further processing into assembly-ready components. The company’s customers are found within the telecom, automotive, electronics, manufacturing as well as meditech industries. The Alteams Group has production units in Finland, Sweden, Russia, Estonia, China and India. Furthermore, the company has sales offices in Denmark, France and the USA. Alteams Group’s turnover is EUR 130 million and it employs 1,600 people. India Operation Details Ashley Alteams India Pvt. Ltd. is a joint venture with Ashok Leyland and has a factory in the outskirts of Chennai. Address: AD-61, New No 3, First Floor, Third Street, Anna Nagar, Chennai-600 040, India Tel: +91-44-4261 5323 Fax: +91-44-2431 3944A Aspectum Consulting India Pvt. Ltd. Brief Profile Aspectum’s work is centered on its mastery of customer relationships. Their expertise involves developing company operations from corporate strategies into practical customer relationships. Aspectum’s tools of customer relationship processes are research, consulting and training. Aspectum specializes in making CRM work in practice. The method is connecting customer research with customer relationship strategies and action plans through employee workshops. India Operation Details Aspectum India was incorporated in May 2004. Aspectum operates internationally across the globe. Aspectum Finland Oy coordinates the activities of offices (Aspectum Companies) and partners (Aspectum Representatives) founded in different countries. Aspectum works as a network of professionals, some as independent companies and some as collaborating partners. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 49
  • 50. Address: Aspectum Consulting India Pvt. Ltd. C/o Leadership Consulting Pvt. Ltd. A-203, Iris Tech Park, Sector-48, Sohna Road, Gurgaon-122 018, Haryana, India Tel: +91-124-451 1999 E-mail: Website: Basware Corporation – India Branch Office Brief Profile Basware is an international software company developing solutions for automating business- critical financial processes and making procurement more efficient. Founded in 1985, Basware Corporation is a public company with headquarters in Finland, and seven subsidiaries in Europe and one in the US. Basware is the global leader in purchase-to-pay solutions with more than 1500 customers and 1,000,000 users in over 50 countries around the world and with net sales of EUR 103 million (2010). India Operation Details Basware India is a branch office, established in 2007. Address: DLF IT Park, Tower F, Third Floor, Chandigarh-160 001, India Tel: +91-172-3012 020 Fax: +91-172-3012 019 E-mail: Website: Beamex India Liaison Office Brief Profile Beamex is a leading worldwide provider of calibration solutions that meet even the most demanding requirements of process instrumentation. Beamex offers a comprehensive range of products and services—from portable calibrators to workstations, calibration accessories, calibration software, industry-specific solutions and professional services. Through Beamex’s partner network, their products and services are available in more than 60 countries. India Operation Details Since its establishment in early 2009, Beamex Oy Ab India Liaison Office has been providing enhanced sales and marketing support to local Beamex partners in India. Its additional role is to guide and support existing and new customers across the country.50 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 51. Address:Beamex Oy Ab India Liaison Office, Stylus Serviced Offices, R-Tech Park, 13th FloorBuilding 2, Off Western Express Highway, Goregaon (East), Mumbai-400 063, IndiaTel: +91-98331 02694E-mail: rajesh.panchal@beamex.comWebsite: www.beamex.comBetonimestarit OyBrief ProfileBetonimestarit is a Finnish family company, specialised in the manufacturing of concrete framesand elements. The competition ability is based on high-technological methods of productionand strict reliability. The company’s supplier chain is brushed up by 20 years of experience.India Operation DetailsBetonimestarit has a joint venture with Simplex Infrastructure Pvt Ltd and Sarda Energy &Minerals Ltd. in India. The joint venture company, Simplex Prefab Infrastructure Pvt. Ltd. has aproduction facility in Khopoli, Maharashtra.Address:Simplex Prefab Infrastructure Pvt. Ltd.93 Bajaj Bhavan, Nariman Point, Mumbai-400 021, IndiaTel: +91-22-2202 7533Fax: +91-22-2286 6210E-mail: Biotech Systems (India) Private LimitedBrief ProfileBiohit is a globally operating biotechnology company that develops, manufactures andmarkets liquid handling products and accessories as well as diagnostic test systems for use inresearch, healthcare and industrial laboratories.Established in 1988, Biohit Group employs around 410 people in 11 countries. Its productionplants are located in Finland (Kajaani and Helsinki) and China (Suzhou). Biohit has subsidiariesin France, Germany, China, Japan, Russia, India, the UK and the US and a representative officein Singapore. The net sales in 2010 was EUR 40 million.India Operation DetailsBiohit has a wholly-owned subsidiary in India.Address:No 10, Anna Avenue, Baktavatsalm Nagar, Adyar, Chennai-600 020, IndiaE-mail: Media India Pvt. Ltd.Brief ProfileBlyk is a mobile messaging media that works with operators to link young people with brandsand other stuff they like. Blyk launched its innovative mobile service in the UK in September2007 and quickly became known as a leader in mobile advertising, audience engagement, and FINLAND- INDIA BUSINESS GUIDE 2012-13 l 51
  • 52. for its ability to drive unprecedented response rates and return on investment for advertisers. Blyk pioneered the use of interactive text and multi-media messaging as an advertising format, leveraging the most predominant, everyday behavior of young people (sending and receiving messages on their phones) and enabling young people to communicate with brands in the same way they do with everyone else. Blyk has offices in London, Helsinki, Singapore and New Delhi. India Operation Details Blyk launched its services in India on November 19, 2010 with Aircel, a leading telecom player with pan-India operations and a subscriber base of over 60 million. Blyk on Aircel brings for the youth a truly exciting and interactive experience and even great brand engagement. It gives them the best deals i.e. Blyk on Aircel Lifetime membership along with irresistible offers by Aircel such as unlimited dialer tunes up to a period, Music connect. Within two years of its launch in India, Blyk already has a subscriber base of 2 million opt-in users. Address: Blyk Media India Pvt. Ltd. 4th Floor, DLF Square, Jacaranda Marg, DLF Phase-II, NH-8, Gurgaon-122 002, Haryana, India Tel: +91-0124-498 7500 E-mail: Website:; Bofo Solutions Pvt. Ltd. Brief Profile Family-owned, Rannikon Konetekniikka (RKT) Oy has expertise in machinery, logistics, BOFO lifting devices and turnkey solutions. RKT is headquartered in Raahe, with a manufacturing plant. The company has 150 employees and a turnover of EUR 15 million. India Operation Details Bofo Solutions Pvt. Ltd. is a wholly-owned subsidiary of RKT, which started its operations in May 2009. Bofo Solutions designs, manufactures and markets lifting devices and crane attachments like grabs (clamshell buckets and orange-peel grapples), container spreaders and coil tongs in India. The components and sub-assemblies are sourced from leading Indian companies and are assembled in a unit located in Pune. Address (Production Unit): Gate No 213/1 & 214, Village Mahalunge, Talegaon-Chakan Road Tal. Khed, Pune-410 501, India E-mail: Website: CADMATIC CADMATIC Software Solutions Pvt. Ltd (CSSPL)S O F T W A R E S O L U T I O N S Brief Profile CADMATIC is a leading developer and supplier of 3D software for the Plant and Ship Building Industries. The company headquarter (CADMATIC Oy) is situated in Turku, Finland from where the company provides design solutions to its large customer base worldwide. Cadmatic is part of ELOMATIC Group, one of the biggest engineering companies in Scandinavia. The close relationship between Cadmatic and its customers has allowed Cadmatic to keep its software up to date with the demands of modern design, engineering, manufacturing and production.52 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 53. India Operation DetailsCadmatic Software Solutions Pvt. Ltd, (CSSPL) is 100% owned subsidiary company of CADMATICOy, Finland. CSSPL started its operation in India in 2007 and this office takes care of all sales,support and other activities for whole of South East Asia.CADMATIC 3D Plant Design, Ship Design and Information Management Software has beenoptimised for use within Engineering Networks and in a wide range of industries.• Cadmatic 3D Plant Design & Engineering Software• Nupas Cadmatic: 3D Ship Design & Engineering Software• eBrowser for project management• eShare information managementAddress:Cadmatic Software Solutions Pvt. Ltd (CSSPL), Metropolitan Building, 2nd Floor,Plot No A-140, Road No. 23, Wagle Industrial Estate, Thane West-400 604, IndiaTel: +91-22-2583 6168Fax: +91-22-2583 6165E-mail: sanjay.dinkar@cadmatic.comWebsite: / www.nupas-cadmatic.comCargotec India Pvt. Ltd.Brief ProfileCargotec improves the efficiency of cargo flows on land and at sea – wherever cargo is on themove. Cargotec’s brands Hiab, Kalmar and MacGregor are recognised leaders in cargo andload handling solutions around the world. Cargotec’s global network is positioned close tocustomers and offers extensive services that ensure the continuous, reliable and sustainableperformance of equipment. Cargotec’s sales totaled EUR 3.1 billion in 2011. The company hasoperations in more than 120 countries and employ approximately 11,000 people.India Operation DetailsCargotec India continues to expand with the following expertise, offerings and capabilities:• A dedicated sales team to market and sell Cargotec’s products and solutions.• Hiab offering includes Hiab loader cranes, Hiab Multi lift demountables, Hiab Moffett truck- mounted forklifts, Hiab loglift/Hiab Jonsered forestry & recycling cranes and Zepro taillifts.• Kalmar branded offering consists of Kalmar forklift trucks, Kalmar reachstackers, Kalmar rubber tyre gantry (RTG), Kalmar ship to shore cranes, Bromma Spreaders and a wide range of other port equipment, and Navis Terminal Operating system.• MacGregor offerings includes: hatch covers, ship cranes, container lashing, RoRo equipment, port and terminal solutions, bulk handling and offshore load handling solutions and their service.• A strong and trained service force for after sales support and product support to customers.• Cargotec India is successfully running a number of operating and maintenance contracts in various container terminals and freight stations.• A state-of-the-art engineering centre based in Pune was established in 2008 and it continues to grow strongly with current manpower of more than 100 persons. This engineering centre has proven to be a strong support and knowledge centre for Cargotec at a global level.• A manufacturing and assembly base in Bengaluru produces forklifts, push back tractors, reach stackers, truck mounted cranes, and others.• Recently, Cargotec has acquired US-based Navis, a global leader in terminal operating systems. Navis has an engineering and support center in Chennai. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 53
  • 54. Address: Cargotec India Pvt. Ltd. Kesar Solitaire, Office No. 301-306, 3rd floor, Plot No. 5, Sec. No. 19 Sanpada, Navi Mumbai-400 705, India Tel: + 91-22-6773 6666 Fax: +91-22-6773 6600 E-mail: Website: Citec Information India Pvt. Ltd. Brief Profile Citec specialises in engineering and information management solutions for the energy and power industry and other technology dependant industries like process, oil and gas etc. Citec provides EPCM services (Engineering, Procurement and Construction Management) for plant owners, investors and EPC-suppliers, thus being responsible for full scope of engineering services from feasibility studies to commissioning management. Citec also offers a complete range of documentation, technical communication and information management services, specialising in managing and steering organisations’ information flow. Established in 1984, Citec has designed more than 1000 plants globally. The number of employees at Citec currently amounts to approximately 1100. Citec is headquartered in Vaasa, Finland, and has offices in Finland, Sweden, the UK, France, Germany, Russia and India. India Operation Details Citec has offices at Mumbai, Bangalore and Chennai contributing to an employee count of 400. Citec India provides support in all stages of plant development with a multidiscipline design strength comprising of process, mechanical, piping, civil, structural, electrical, instrumentation design, procurement assistance and information management. Address: Mumbai Bangalore Citec Engineering India Pvt Ltd. Citec Information India Pvt Ltd. 1 Hermes Atrium, Plot No. 57, #12, Subramanya Arcade, 2nd Floor Tower First Floor, Sector 11, CBD Belapur D, Bannerghatta Road Navi Mumbai-400 614, India Bangalore-560 029, Karnataka, India Tel: +91 22 6768 0200 Tel: +91-80-4908 0000 Fax: +91 22 6790 3817 Fax: +91-80-2678 311454 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 55. ChennaiCitec Engineering India Pvt Ltd.RR Tower IV, Super 16 & 17,Upper Basement Tiru-Vi-ka Industrial EstateGuindy, Chennai-600 032, IndiaTel: +91-44-2250 0196/97Website: www.citec.comCodenomicon Software India Pvt. Ltd.Brief ProfileCodenomicon is a leading provider of automated proactive security solutions. Codenomiconfinds unknown, zero-day vulnerabilities, with defensics security testing solutions, and to makesystems resilient against advanced cyber attacks. It incorporates the latest Internet threatinformation into network monitoring processes and detect cyber attacks earlier with ClarifiedAbuse Situation Awareness solutions. Interactive real-time visualization provide high-levelabstractions and in-depth information allowing to make better informed decisions faster.India Operation DetailsIn 2012, Codenomicon opened offices in Haryana, to better serve its existing customers andexpand in India and South Asia. Telecommunications is a strong market for Codenomiconwith Tier-1 NEMs and operators. Government regulations endorsing cyber security have alsoincreased interest in Codenomicon’s solutions in India.Address:# 1, Unitech Trade Centre, Sector 43, Gurgaon-122 001, Haryana, IndiaTel: +91-99102 05329, +91-98715 83777E-mail: india@codenomicon.comWebsite: www.codenomicon.comComptel CorporationBrief ProfileTogether with customers and partners Comptel develops Customer Engagement Solutionsthat create new bridges between CSPs and customers.Comptel customers include leading global CSPs, such as América Móvil, Bharti Airtel, ChinaMobile, Orascom, QTel, Saudi Telecom, T-Mobile, Telefónica O2, Vodafone and Zain. Comptelcooperates in sales and delivery with partners like IBM, Logica, Tech Mahindra and Alcatel-Lucent.Comptel is an international software company specialising in telecommunications.Comptel solutions and services help communication service providers (CSPs) improvecustomer experience, increase revenue and reduce costs.The solutions collect usage data from the network and turns it into charges as well as makesubscriber orders happen in the network. Further, with advanced analytics capability, CSPscan turn the data into network actions to improve customer experience. Comptel offerssoftware licenses and maintains the delivered systems.During the 25 years in business, Comptel has delivered software to over 280 customers in 85countries. Comptel software serves over one billion people worldwide. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 55
  • 56. India Operation Details Comptel in India, through its software and specialised services, serves major CSP like Airtel, Idea Cellular, Tata Teleservices and Vodafone through its key partners IBM and TCS. The solutions process the data of more than 600Mn telecom customers which spans into billions of records per day. Comptel India is also responsible for the business in nearby countries in India subcontinent region and is well equipped with a team of business analysts and subject matter experts. Address: CS3 and CS5 5th Floor, Tower A “The Corenthum” A 41 Sector 62, Noida, India Tel: +91-120-300 5500 E-mail: Website: CPS Color India Pvt. Ltd. Brief Profile CPS Color has been one of the pioneers in the paint equipment and colorants industry, established in 2000 having roots in three major companies: Tikkurila-CPS, Winter Bouts and Corob. The development of tinting concepts dates back to the 1960’s, hence over 50 years of experience in tinting. CPS Color is the only major supplier of INTEGRATED TINTING SOLUTIONS. The company’s broad knowledge of tinting not only translates into top quality CPSCOLOR™ colorants, but also into COROB™ dispensing and mixing equipment, software, colour marketing tools, an extended global service network and customer support. India Operation Details CPS Color India Pvt. Ltd. was formed in 2004, starting with only one office in Mumbai and an equipment manufacturing factory in Daman, the company now has a Global R&D Equipment Lab, a Global R&D Colorant lab and a Colorant tolling unit in Mumbai along with regional offices in New Delhi and Chennai. The India arm also has the most impressive and massive force of 150+ service engineers spread across the length and breadth of the country. Address: CPS Color India Pvt. Ltd. 158, Dani Compound, Vidyanagari Marg, CST Road, Kalina, Santacruz (East) Mumbai-400 098, India Tel: +91-22-6649 7777 Website: Digital Chocolate IT & Gaming Solutions Pvt. Ltd. Brief Profile Digital Chocolate is the world’s most efficient producer of high quality, original games across mass market casual platforms. Digital Chocolate is a US-owned company that was originally a Finnish company focusing purely on games. It has offices in San Mateo (USA), Helsinki (European headquarter), Bengaluru and Barcelona. The company offers more than 60 award- winning games, with a focus on casual, social, and mobile play that is offered globally over both wired and wireless networks. India Operation Details Mobile gaming company, Digital Chocolate is a wholly-owned subsidiary that bought operations and studios in Bengaluru from Small Device Mobile Technologies.56 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 57. Address:Galaxy, No 30, First Main Road, JP Nagar III Phase, Bengaluru-560 078, IndiaTel: +91-80-4044 2000Fax: +91-80-4044 2001Website: www.digitalchocolate.comEcocat India Pvt. Ltd.Brief ProfileEcocat India (Pvt) Limited is a 50:50 Joint Venture with Ecocat Finland, established way back in1997. The company is manufacturing Catalytic Converter for various Diesel/Petrol/CNG Enginessuitable for converting various emissions like Carbon Monoxide, Hydro Carbons and NitrogenOxide to harmless gases and water vapor. The company with its equity partner has developedCatcons by using latest technologies to meet the various emission norms in India i.e BS-II, BS-III,BS-IV etc. The Company has been focusing on increased localisation and R&D for past few yearsand has recorded very good growth. It has added many customers to meeting the latest BS-IVnorms in India. It is currently supplying to General Motors, Greaves, Ashok Leyland, Volvo Eicher,Mahindra, TATA, Piaggio, ICML, Scooter India, Atul Auto and Lombardini etc. It is also exportingits product to China and Korea to suitably meet the emission norms applicable there.India Operation DetailsEcocat is the only company in India that makes complete catalytic converter assembly underone roof. The company makes substrates, coats them and also welds them in its total workarea of 50,000 sqft. Ecocat has installed machines like automated rolling machines, roboticcoating line, semi-automated coating lines, heat furnaces (batch and continuous), vacuumfurnaces, semi-automated and manual welding lines, fully automated slurry preparationunit having capacity more than 800000 per annum. Ecocat has complete in-house R&D andlaboratory with full capability of product and process testing.Address:Plot No 4, 20th Milestone, Mathura Road, Faridabad-121 006, IndiaTel: +91-129-426 6500E-mail: alok@ecocatindia.comWebsite: www.ecocat.comElcoteq Electronics India Pvt. Ltd.Brief ProfileElcoteq SE is a leading Electronics Manufacturing Services (EMS) company in thecommunications technology field. Elcoteq’s global service offering covers the entire lifecycleof products, from product development to after-market services. Elcoteq provides global end-to-end solutions consisting of product development services, supply chain management, NPI, FINLAND- INDIA BUSINESS GUIDE 2012-13 l 57
  • 58. manufacturing, and after-market services for the whole lifecycle of its customers’ products. These products include personal communications products such as mobile phones and their parts, home communications products such as set-top boxes and electronics for flat screen TVs as well as communications network products such as base-stations, tower-top amplifiers, and microwave systems. Elcoteq operates in 15 countries, employs some 7,800 people and its consolidated net sales was EUR 1.1 billion (2010). India Operation Details Elcoteq Electronics India Pvt. Ltd. is a wholly-owned subsidiary of Elcoteq SE, with its registered office and manufacturing facility in Bengaluru. Established in April 2005, the factory is one of Elcoteq’s four-volume manufacturing plants in the Asia Pacific region. Address: Elcoteq Electronics India Pvt. Ltd., Block No VIII, Velankani Information Systems Campus 43 Electronics City, Phase II, Hosur Road, Bengaluru-560 100, India Tel: +91-80-2501 7000 Fax: +91-80-2501 7200 Website: Elomatic-Pharmalab Consulting and Engineering Pvt. Ltd. Brief Profile Elomatic provides consulting and engineering services to pharma industries and its lines of business are pharma, biotech, life care and software. Elomatic employs 700 people and has clients in over 70 countries around the world. The company’s turnover in 2009 was approximately EUR 42 million. India Operation Details Elomatic-Pharmalab is present in India as a joint venture company. Address: 27, Ground Floor, Sahney Kirkwood Compound, Kirol, Vidya Vihar-West, Mumbai-400 086, India Tel: + 91-22-2511 6145 Fax: +91-22-2511 6150 Website: Eltete India TPC Pvt. Ltd. Brief Profile Eltete TPM (Transport Packaging Materials) is one of the leading producers of edgeboards and packaging solutions in the world. With experience since 1974 and production sites in 14 countries, innovative and high quality packaging solutions out of compact carton board are being offered in more than 60 countries. India Operation Details Eltete started its operations in India as a liaison office in 1999. Eltete India TPC Pvt. Ltd. was set up as a wholly-owned subsidiary in 2001. Eltete’s factory is in Vapi, Gujarat, where edgeboards are manufactured. Rest of the company’s products are imported from Finland and from other Eltete factories in Asia. Address: 57, Udyog Bhavan, Sonawala Road, Goregaon (East), Mumbai-400 063, India Tel: +91-22-2686 7357 Fax: +91-22-2686 7387 E-mail: Website: www.eltete-tpm.com58 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 59. Ensto India Pvt. Ltd.Brief ProfileEnsto is a Finnish international industrial group and a family business established in 1958.Ensto specialises in the development, manufacturing and marketing of electrical systems andsupplies used for the distribution of electricity and everyday electrical applications. Enstohas operations in 20 countries, production in seven countries, sales to over 80 countriesworldwide. Ensto’s turnover is about EUR 250 million and the company employs 1,600 people.India Operation DetailsA wholly-owned subsidiary in the business of development, manufacturing and marketing ofsolutions for Electricity Distribution Networks and High end Industrial Enclosure & Terminals .Ensto India is a ISO 9001-2000 certified company.Address:241-242, Sector 6 IMT, Manesar-122050, Haryana, IndiaTel: +91-124-497 4242E-mail: india@ensto.comWebsite:; www.ensto.inFinarte (India) Madhu India Ltd.Brief ProfileFinarte (India) Oy is an importer and wholesaler of cotton carpets and other home furnishingsin Finland. The majority of the carpets are exclusively designed by Finnish designer, EijaRasinmäki. Finarte employs six persons and its turnover is EUR 2 million.India Operation DetailsMadhu India Ltd. operates as Original Design Manufacturer (ODM) for Finarte. The cooperationstarted in 1989 and nowadays the agreement approves Finarte to hold exclusive rights for thedesigns. Altogether, Madhu employs 2,500 persons, out of whom approximately 800 work forFinarte – manufacturing system called a ‘factory in a factory’.Address:B-741, Sector C, Mahanagar, Lucknow-226 006, IndiaTel: +91-522-232 9731, 400 0013Fax: +91-522-238 5939E-mail: info@madhuindia.comWebsite: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 59
  • 60. Finnair Plc. Brief Profile Finnair is Northern Europe’s leading airline and Finland’s air traffic market leader. Established in 1923, Finnair is one of the world’s oldest continuously operating airlines. Finnair’s route network includes more than 50 international destinations. In recent years, Finnair has expanded its range of Asian destinations and now offers the shortest, fastest connections between Europe and Asia. Finnair is a member of the oneworld alliance. This partnership brings more than 800 destinations within Finnair customers’ reach. The cornerstones of Finnair’s environmental operations are a modern, low-emission fleet and the shortest intercontinental routes. India Operation Details Finnair operates six weekly services from Delhi using the shortest and most eco-efficient route from India, via Helsinki, to more than 50 major destinations in Europe. Convenient day time departures from Delhi ensure customers arrive refreshed for business in Europe. Helsinki Vantaa, the leading long-haul airport of Northern Europe, is located on the direct route to Europe. The top-ranked airport, with short distances ensures easy transfer, at its best in as little as 35 minutes. Operating with a modern Airbus fleet with an average age of less than five years maximizes passenger comfort while minimizing the environmental burden of air travel. Finnair passengers always travel in the right direction and avoid congested mega-hubs, thus saving time and energy. Address: Finnair Plc 214-216, 2nd Floor, Block "B", Centrum Plaza, Golf Course Road, Sector-53, Gurgaon-122 002, Haryana, India Tel: +91-124-467 1122 E-mail: Website: Finnmap Consulting Engineers (India) Pvt. Ltd. Brief Profile FMC Group is a dynamic planning group specialising in structure technology, building services, industrial planning and environmental and infrastructure planning. They provide project services globally. Outside of Finland, they have permanent offices in Eastern Europe60 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 61. and India. FMC Group employs nearly 1,050 people. The invoicing of the company in 2010was EUR 72 million.India Operation DetailsFinnmap Consulting Engineers (India) Pvt. Ltd. is a wholly-owned subsidiary, established in2007. The company specialises in structural engineering design.Address:Plot No 424, Udyog Vihar, Phase IV, Gurgaon-122 015, IndiaTel: +91-124-438 3394/5Website: www.fmcgroup.fiFortum India Pvt. Ltd.Brief ProfileFortum’s purpose is to create energy that improves life for present and future generations.Fortum provides sustainable solutions that fulfil the needs for low emissions, resource-efficiency and energy security, and to deliver value to shareholders. Activities cover thegeneration, distribution and sales of electricity and heat as well as related expert services.India Operation DetailsFortum’s focus in India is on sustainable and energy efficient power and heat production andcustomer solutions.Fortum’s immediate priority is on industrial power and steam supply (combined heat andpower). Furthermore, Fortum is interested to assess growth opportunities, also together withlocal partners, in other forms of sustainable energy production and customer solutions.Fortum has been present in India since the first quarter of 2012 to evaluate investmentopportunities and to carry out required initial development efforts enabling decision makingfor Fortum’s potential future investments in India. Fortum has its operations located in Gurgaonin the National Capital Territory of Delhi.Address:Fortum India Pvt. Ltd.Level 15, Tower B, Building 5, DLF Cyber City Complex, Gurgaon-122 002, IndiaE-mail: Matti.kaarnakari@fortum.comWebsites : and http://www.fortum.inGreenr2 Reprocessors Pvt LtdBrief ProfileGreenR2 Reprocessors has been established with a VISION to manage end of life electricaland electronic WASTE as per WEEE guidelines, in an environmentally safe way. GreenR2Reprocessors are licensed by the State of Tamil Nadu, to recycle all forms of e-Waste. Thecompany truly believe in the social cause element, considering how the destruction ofe-Waste is handled in India by the unorganized sector.India Operation DetailsGreen R2 is a full-spectrum, one stop e-Waste provider, encompassing door-step collection,segregation, processing of the e-Waste into plastics, ferrous and non-ferrous metals, anddisposed as per the prescribed rules. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 61
  • 62. GreenR2 Reprocessors brings in innovation and transparency in every facet of operations: • Innovative use of technology to provide traceability to customers with regard to their assets being destroyed and disposed per prescribed rules. • Provide high security applications solutions to customers with regard to hard drive erasure. • To establish a collection infrastructure for customer base. Address: No. 19, Bhansali Chemical Avenue, Tass Industrial Estate, Ambattur, Chennai-600 098, India Tel: +91-95001 01738 E-mail: web: Immo Group Oy Finroute (India) Pvt. Ltd. Brief Profile Immo Group Oy consist of five companies – Nahka-alan Immo Oy (leather goods), Finarte (India) Oy (carpets), Tillaktiva Oy (accounting), Baker Tilly Finland (auditing) and Finroute India (sourcing). India Operation Details Finroute is a part of the Immo Group in Finland and is established with the basic purpose of supporting business between Finland and India. Finroute Pvt. Ltd. provides consultancy and sourcing services and has its focus on textiles and garments, leather goods, handicrafts, home-wear and gifts and fashion accessories. Address: Finroute, B-404, Gateway Apartments, Sector 51, Noida-201 301, India Tel: +91-120-434 0867 Fax: +91-120-248 0310 Website:, Jotwire India Pvt. Ltd. Brief Profile Jotwire India Pvt. Ltd., established in August 2011, is an extension of Jotwire,Oy Finland and is part of Ouneva Group of Finland which is 80 Million Euros group. Jotwire,Oy is in the business of manufacturing and supplying of electrical distribution and electronics products to original equipment manufacturers in the field of mining, construction, earthmoving, welding, locking system & drives. Jotwire Oy, Finland proudly enjoys being preferred supplier to renowned customers in various parts of Europe. India Operation Details Some prominent Jotwire Oy customers have their manufacturing facilities operations in India and they have Global supply agreement with Jotwire Oy. In order to support the customers in India Jotwire planned to extend the facility in India and Ouneva group has incepted the Jotwire India Pvt Ltd. in IMT Manesar. In addition, Jotwire from India shall be exporting the systems to customers in Europe and in due course of time Jotwire India shall become special Wiring Harness supplier for Indian markets and exports. Jotwire in India shall be highly technological, advanced and capable to develop processes. Address: Jotwire India Pvt. Ltd, Plot No. 2, Sector2A, IMT Manesar, Gurgaon-122 050, Haryana, India Tel: +91-124-389 1000 E-mail: Website: www.jotwireindia.com62 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 63. F-Secure Pvt. Ltd.Brief ProfileF-Secure is the global leader of operator provisioned software services. F-Secure has 18 countryoffices and presence in more than 100 countries with net sales of EUR 130 million (2010).India Operation DetailsF-Secure is present as a wholly-owned subsidiary. F-Secure protection is available in India as aservice through major ISPs such as Reliance Communications, VSNL, Airtel and Sify. F-Securehas partnered with SV Electronics to distribute its corporate products in India.Address:No. 603/2, Block 1, Sixth Floor, White House, Begumpet, Hyderabad-500 016, IndiaTel: +91-40-4013 3503/4/5Fax: +91-40-4013 3506Website: www.f-secure.comGemco Kati Exploration Pvt. Ltd.Brief ProfileGemco Kati Exploration Pvt. Ltd. is an Indo-Finnish company operating in mining andexploration industry. The company’s ownership is divided with Gemco Pvt. Ltd. and Oy KatiAb Kalajoki (KATI). Both companies share a long history in exploration business. With worldclass recognized quality of KATI applied to talent, potential and skills in Gemco is combinedinto Gemco Kati Exploration Pvt. Ltd. It gives the mining and construction companies andorganisations in India an excellent choice for their exploration services needs.India Operation DetailsGemco Kati Exploration Pvt. Ltd. offers a variety of services from early stage of mineestablishment to a complete mine plan which gives clients complete details about thepotential of their deposit. The service range starts from surveys and geological mapping tocore drilling and ends to a mine plan. The clients are private companies and governmentorganisations operating mainly in mining and construction industry.Address:Gemco Kati Exploration Pvt. Ltd.34 Bapat Nagar behind Vijeet Sales, Nagpur Road Chandrapur-442401, Maharashtra, IndiaTel: +91-71722 51191E-mail: jijo@gemcokati.comWebsite: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 63
  • 64. Halton India Pvt. Ltd. Brief Profile Halton Group specialises in indoor climate and indoor environment products and services. Halton is a family-owned company, founded in Finland in 1969. Halton operates in 23 countries around the world, with an annual sales of EUR 148 million (2009) and 1,150 employees. India Operation Details Halton India is a wholly-owned subsidiary. Address: Private Office #102, DBS House, 26, Cunningham Road, Bengaluru-560 052, India Tel: +91-80-2226 7272 Fax: +91-80-2228 1092 E-mail: Website: Harley Nirafon India Pvt. Ltd. Brief Profile Harley Nirafon India Pvt. Ltd. is an Indo-Finnish joint venture in financial and technical partnership with Nirafon Oy of Finland. Located in Kolkata, the company manufactures Acoustic Cleaning Systems since 1996. Address: 5, Rameshwar Shaw Road, Kolkata-700 014, India Tel: +91-33-2289 7637/7425 Fax: +91-33-2289 7919 E-mail: Website: Incap Contract Manufacturing Services Pvt. Ltd. Brief Profile Incap Corporation is an internationally operating contract manufacturer whose comprehensive services cover the entire lifecycle of electromechanical products from design and manufacture to maintenance services. The company specialises in technically demanding products and product entities. Incap’s customers include leading equipment suppliers in energy efficiency and well-being technologies, for which the company produces competitiveness as a strategic partner. Incap has operations in Finland, Estonia and India. The Group’s revenue in 2010 amounted to EUR 59.2 million and the company currently employs approximately 760 people. Incap’s share is listed on the NASDAQ OMX Helsinki Finland.64 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 65. India Operation DetailsIncap India has its headquarters in Bengaluru which also houses R&D operations specialisedin power electronics. Manufacturing facility is located at Tumkur, approximately 60kilometres north-west from Bengaluru. Incap manufactures box-build products for variouselectrotechnical applications in energy, medical and automotive industries as well as industrialelectronics. The Indian plant has a special focus in the equipment for ensuring, transforming,measuring and controlling the supply of current.Incap aims at strengthening its design capabilities in India in order to provide even morecomprehensive service to the global customers. Incap employs a total of 370 people in India.Address:Incap Contract Manufacturing Services Pvt. Ltd.First Floor, Corniche Al Latheef, 25, Cunningham Road, Bengaluru-560 052, Karnataka, IndiaTel: +91-80-4075 1100Fax: +91-80-4075 1199Website: www.incap.fiKemiraBrief ProfileKemira focuses on water and fibre management chemistry. In 2010, Kemira recorded revenuesof approximately EUR 2.2 billion and had a staff of 4,900. Kemira operates in 40 countries. Itoffers chemical products and customer-driven solutions to the food, feed, pharmaceuticaland chemical industries.India Operation DetailsKemira has a sales office in Hyderabad.Address:Kemira Chemicals India Pvt. Ltd.Second Floor, GHB House, Plot No. 264/A/2, Road No. 10, Jubilee Hills, Hyderabad-500 033, IndiaTel: +91-40-2355 7082Fax: +91-40-2355 7081Website: www.kemira.comKemppi India Pvt. Ltd.Brief ProfileKemppi is a leading international manufacturer of arc-welding equipment. Kemppi is basedin Finland, and is present in 15 countries around the world through its own subsidiaries. Thegroup employs 600 people world-wide, and is also represented by a network of Distributors inover 70 other countries. Kemppi’s major customers can be found in the following segments:Shipyards and Off-Shore industries, Transportation & Material Handling, Automotive OEMs &Ancillaries, Infrastructure & Construction, Energy, Chemical & Oil & Gas Industries, and a widevariety of other Metal-Fabrication Industries.India Operation DetailsKemppi India Private Limited is a wholly-owned subsidiary of Kemppi Oy, Finland. The head-office and factory of the company are located in Chennai. Kemppi India serves its customersin India and the South-Asia region by providing Kemppi’s entire range of welding solutions FINLAND- INDIA BUSINESS GUIDE 2012-13 l 65
  • 66. including welding equipment products, software, and industrial services. The company has pan-India sales and service network as well as a network of over 30 dealers serving industrial customers in all major manufacturing locations. Address: Kemppi India Private Limited Lakshmi Towers, 2/770 Kazura Garden, 1st Street, Neelankarai, Chennai-600 041, India Tel: +91-44-4567 1200 Fax: +91-44-4567 1234 E-mail: Website:, Kone Elevator India Pvt. Ltd. Brief Profile The objective of Kone Elevator India Pvt. Ltd. is to offer the best people flow experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanising environment. Kone provides its customers with industry-leading elevators, escalators and innovative solutions for modernisation and maintenance, and is one of the global leaders in its industry. Kone had annual net sales of EUR 5 billion in 2010 and 34,000 employees. India Operation Details Kone Elevator India Pvt. Ltd. is the market leader in India and has become a preferred supplier for most of the prestigious customers. Kone handles all business operations from sales to production, installation and maintenance. The company has 40 branches around India and production facilities, R&D centre and technical training centre in Chennai. Kone Elevator India has an employee strength of around 2,800 people. The company inaugurated a new and larger R&D centre in June 2010. Address: 50, Vanagaram Road, Ayanambakkam, Chennai-600 095, India Tel: +91-44-2653 3901/06 Fax: +91-44-2653 3912 E-mail: Website: Konecranes Shared Services India Pvt. Brief Profile Konecranes Shared Services India Private Limited is formed with the objective to have global shared service centre in India for its following activities viz Engineering Design services, Information Technology enabled services and various application support like SAP etc., Financial Services. India operations details The company provides services to Konecranes group companies across the globe. The company is under Incorporation and will start functioning by last week of May 2012. Address: Registered address 19, Level 2, Muttha Towers, Don Bosco Road, Yerwada, Pune-411 006, India Tel: +91-20-4004 7470 Fax: +91-20-4004 7475 E-mail: india.sales@konecranes.com66 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 67. WMI Konecranes India Ltd.Brief ProfileWMI Konecranes India Ltd. (formerly WMI Cranes Ltd.) is a 100 % subsidiary of Finnish-basedKonecranes Plc. WMI Cranes Ltd. was acquired by Konecranes Plc in August 2011 and the nameof the company was subsequently changed to WMI Konecranes India Ltd. WMI Konecranes isheadquartered in Pune having factory at Mumbai & Jejuri near Pune and branch offices inMumbai, Vadodara, Chennai, Bangalore, Coimbatore, Hyderabad, Padubidri, Kolkata & Delhi.India Operations DetailsWMI Konecranes offer standard duty cranes, light lifting cranes, heavy duty cranes like moltenmetal handling cranes and coil handling cranes for process industry application, containerhandling equipment like lift trucks, reach stackers, Rubber Tyred Gantries, Rail MountedGantry cranes for ports and huge Goliath shipyard cranes for shipyards. The company alsooffers different levels of service contracts from Annual Maintenance service contracts tooperation of equipment. Spare parts are a natural part of the offering as well as modernisationof existing cranes.Address:19, Level 2, Muttha Towers, Don Bosco Road, Yerwada, Pune-411 006, IndiaTel: +91-20-4004 7470Fax: +91-20-4004 7475E-mail: india.sales@konecranes.comWebsite: www.konecranes.inKWH Mirka Ltd.Brief ProfileMirka is a leading manufacturer and supplier of abrasives to the automotive industry,automotive re-finishing, composite manufacturers, the wood and furniture industries as wellas the metal finishing industries. Established in Finland in 1943, KWH Mirka is a part of the theKWH Group which has 40 companies operating worldwide.India Operation DetailsA wholly-owned subsidiary was established in 2010.Address:460 FIE, Patparganj Industrial Area, New Delhi-110 092, IndiaE-mail: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 67
  • 68. Lindström Services India Pvt. Ltd. Brief Profile Lindström Services India Private Limited is part of Lindström Group. Lindström is a Finnish family-owned company that offers corporate textile services. It operates in 21 countries in Europe and Asia and has approximately 2,500 employees. Textile services, such as workwear services, include analysing customer needs, designing collections, taking care of purchases, delivering new and collecting used textiles from customer premises, textile care, and disposal of worn-out textiles in a responsible manner. India Operation Details Lindström started textile service in India in 2007. Company’s service centers are located in the cities of Chennai, Mumbai, Delhi, Kolkata and Hyderabad. In India Lindström offers workwear services for corporate customers. Address: Chennai Business Unit Mumbai Business Unit No. 68A, Sidco Industrial Estate, Ambattur, A-83, TTC Industrial Area, Navi Mumbai, Dist. Chennai-600 098, Tamil Nadu, India Thane, Maharashtra, India Tel: +91-44-6458 1114 Tel: +91 22 41232301 Tel: +91-44-6458 1115 Delhi Business Unit Hyderabad Business Unit Plot No. 133 A, Plot No. 5, Survey no’s DLF Industrial Area Phase I, 716/A,719,720,721,&721/A Faridabad-121 003, Haryana, India Opposite IDPL company, Mumbai Highway, Tel: +91-129-4173 105 Kukatpally, Hyderabad-500 072, India Tel: + 91-88-8606 3456 Lindstrom Services India Pvt. Ltd. CS Dag No. 2352, Sourav Ganguly Avenue, Niranjanpally, Narayanpur, Kolkata-700 136 Tel: +91-33-2706 5060 Website:, Lite-On Mobile India Pvt. Ltd. Brief Profile Lite-On Mobile (formerly Perlos) was established in Finland in 1953. Today, it is a global design and manufacturing partner for the leading mobile handset manufacturers. Perlos was acquired in 2007 by the Taiwanese Lite-On Group.68 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 69. India Operation DetailsIn 2006, its wholly-owned Indian subsidiary was incorporated. Lite-On Mobile India has850 employees and delivers wireless handheld mobile devices using injection moulding,punching, painting and assembling capabilities.Address:Nokia Telecom Special Economic Zone, Plot No 1A, SIPCOT Industrial Park, Phase III,Chennai - Bengaluru Highway, Kancheepuram Dist, Sriperumbudur-602 105, IndiaTel: +91-44-4711 2233Fax: +91-44-4711 2244Website: www.liteonmobile.comMaillefer Extrusion India Pvt. Ltd.Brief ProfileMaillefer provides complete extrusion solutions serving both wire & cable and pipe & tubemanufacturers worldwide. From individual components to complete production units,it prides itself on providing maximum productivity to its customers through superiortechnology, know-how and services.India Operation DetailsExtrusion India Pvt. Ltd., a 100 per cent subsidiary of Maillefer Extrusion Finland, wasestablished in 2010.Address:801, Maithili Signet, Plot 30/4, Sector-30A, Vashi, Navi Mumbai-400 705, IndiaTel: +91-22-2781 5513Fax: +91-22-2281 5512Website: www.mailleferextrusion.comMantsinen Group Ltd. OyBrief ProfileMantsinen is a forerunner of material handling and logistics in ports, terminals and industry.The Group has two central areas of business activity. The company offers comprehensivelogistic services ti its customers as well as is an international supplier of Material HandlingMachines and Mobile Hydraulic Harbour Cranes. It has wide range of machines from 50tonnes to over 250 tonnes. It also supplies attachments for material handling operations.Mantsinen is a well-known for innovative solutions which enable efficient material handlingand excellent working conditions for the operator. The production plant of Mantsinen GroupLtd. Oy is situated in Finland. In addition to Finland, Mantsinen Group has offices in Russia andLatvia. Today, the Group employs approximately 500 people.India Operation DetailsMantsinen Group will have their presence established in Navi Mumbai by end 2011.Address:‘B’ Wing, 904, Ninth Floor, Great Eastern Summit, Sector-15, CBD BelapurNavi Mumbai-400 614, Maharashtra, IndiaTel: +91-22-4123 4913Fax: +91-22-4123 4914E-mail: info.india@mantsinen.comWebsite: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 69
  • 70. Metso Corporation Brief Profile Metso is a global supplier of sustainable technology and services for mining, construction, energy, metal recycling and the paper and pulp industries. In 2010, Metso Corporation´s net sales was EUR 1,687 million. Worldwide, it employs about 28,600 professionals and serves customers in more than 100 countries. Website: Metso in India Metso has maintained operations in India for decades, through the nine different locations situated throughout the country. Today, the corporation has a total of some 270 employees in India: India’s central base of operations is located in Gurgaon (Delhi-NCR), production units in Bawal (crusher, pump, etc. assembly) and Ahmedabad (wear and spare parts), Regional branches in Kolkata, Mumbai and Bengaluru and warehouses in Bengaluru, Delhi and Barbil. Address: Metso Minerals (India) Pvt. Ltd. First Floor, DLF Building No. 10, Tower A, DLF Cyber City DLF Phase II, Gurgaon-122 002, India Tel: +91-124-235 1541 Fax: +91-124-235 1601 E-mail: Website: Metso Automation India Pvt. Ltd. India Operation Details Metso Automation’s largest customer segment in India consists of power plants, for which it delivers distributed monitoring systems. Together with its Dutch business partner, Metso has garnered over 70 per cent market share in these systems. In addition to power plants, Metso also delivers field systems, such as valves, primarily to petrochemical companies, refineries and the paper and pulp industry. Metso Automation’s flow controls division’s biggest customer group is paper and pulp, petrochemical and oil and gas sector. This division supplies control valves and smart technology- enabled valve devices for control, shut off and emergency duties. Address: First Floor, DLF Building No. 10, Tower A, DLF Cyber City, DLF Phase-II, Gurgaon-122 002 Tel: +91-124-235 1541, 271 6666 Fax: +91-124-238 8327 E-mail: Website: Metso Minerals India Pvt. Ltd. Brief Profile In India, Metso has three business lines: Mining and Construction (MAC), Pulp Paper & Power (PPP) and Automation (AUT). Metso’s incremental expansion has led to a strong foothold in India where all segments enjoy the benefits brought by the large markets. However, mining70 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 71. & construction business line is the market leader in India in several product groups, includingmobile crushing and screening plants, grinding mills, pyro-processing, coal washing andbulk material handling systems. Metso Automation services the Indian customers in theautomation segment and the local energy sector equipment manufacturer BHEL. Metso andBHEL together control around 65% of DCS market in the Indian power industry with theirpatented product Max DNA.The Pulp, Paper and Power segment serves the Indian Paper and Pulp Industry. Established in2005, PPP has been delivering several paper and fiber making lines as well as board makinglines to large customers like ITC, West Coast Paper, TNPL, Century Pulp and Paper and AbhishekIndustries. Metso Power has also entered the power generation segment in India with its firstorder of recovery boiler from Grassim Industries.India Operation DetailsHeadquartered in Gurgaon, Metso India has 5 branch offices and 3 manufacturing unitsin Alwar (Rajasthan), Bawal (Haryana) and Ahmedabad (Gujarat) and employees over 900professional in India. In 2010, Metsos India operations recorded net sales of EUR 144 millionand have an established network of over 24 sales and services locations in India.Address:First Floor, DLF Building No. 10, Tower A, DLF Cyber CityDLF Phase-II, Gurgaon-122 002, IndiaTel: +91-124-271 6666Fax: +91-124-235 1601Website: www.metsominerals.comMetso Paper India Pvt. Ltd.Brief ProfileMetso is a global supplier of technology and services to customers in the process industries,including mining, construction, pulp and paper, power, and oil & gas. Metso’s 30,000professionals based in over 50 countries deliver sustainability and profitability to customersworldwide.India Operation DetailsMetso Paper has been operating in India since early 80s with its deliveries of paper machinerebuilds, components and fiber lines to India. It established its sales office in India inSeptember 2005 in order to improve local customer service and strengthen Metsos presencein the emerging Indian pulp and paper market.Address:First Floor, DLF Building No. 10, 1st Floor, Tower A, DLF Cyber CityDLF Phase-II, Gurgaon-22 002, IndiaTel: +91-124-271 6666Fax: +91-124-235 1583E-mail: paper.serviceindia@metso.comWebsite:, FINLAND- INDIA BUSINESS GUIDE 2012-13 l 71
  • 72. Metso Power India Pvt. Ltd. India Operation Details Metso Power India Pvt. Ltd. is a joint venture with EPT Engineering Services, one of Metso Power’s larger global subcontractors. Metso Power specialises in the manufacturing of specialised boilers such as chemical recovery boilers, bubbling fluidised bed boilers and circulating fluidised bed boilers. The joint venture company provides engineering services to its global business operations. Metso Power owns 51 per cent in Metso Power India Pvt. Ltd. The unit supports Metso’s growth strategy by providing engineering services primarily to Metso Power’s global business operations and also to other Metso units. Address: Central Square 1, Fifth Floor, South Wing, CIPET Road Thiru-vi-ka Industrial Estate Guindy, Chennai-600 032, India Tel: +91-44-3017 9300 Fax: +91-44-3017 9333 Website: M-real Singapore Pte. Ltd. Brief Profile M-real is Europe´s leading producer of paperboard and paper, with presence in 70 countries. M-real’s business is divided into three business areas – consumer packaging, graphic papers and office papers. The annual sales was EUR 2,6 billion in 2010. India Operation Details M-real has a sales office in India. Address: M-real Singapore Pte. Ltd. India Branch Unit B 506/507, Crystal Plaza, New Link Road, Andheri (West), Mumbai-400 058, India Tel: +91-22-2673 3578/80/81 Fax: +91-22-2673 3579 E-mail: Website: www.m-real.com72 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 73. Molybar Engineering Pvt. Ltd.Brief ProfileMolybar Engineering is an industrial sourcing, consulting and procurement companyspecialising in fasteners, tools, lubricants and other industrial items. The company deals withhigh quality products from India, Europe and Asia. The key drivers of Molybar Engineeringare quality, service, selection and reliability. Products can be delivered from warehouses inEurope, China and India, depending on the urgency.India Operation DetailsMolybar Engineering has operated in Chennai, Tamil Nadu since 2009. The clients includes localand global industrial companies with activities in Southern India.Address:Molybar Engineering Pvt. Ltd.New #26 Third Street, Karpagam Avenue, R A Puram-600 028, Chennai, IndiaTel: +91-44-4501 1214E-mail: info@molybar.comWebsite: http://www.molybar.comNapa Software Services India Pvt. Ltd.Brief ProfileNAPA Group is world’s leading software house supplying the marine industry with safe andefficient solutions for ship design and operation. The NAPA Group’s head office is located inHelsinki, Finland. NAPA India is a 100% subsidiary of NAPA Group.NAPA software solutions are used by the worlds leading shipyards, owners, designers,classification societies and authorities. NAPA for Design has close to 400 user organisations,and it is being used by nearly 90% of the shipyards worldwide. NAPA for Operations alsoprovides solutions for various technical requirements during the voyage of the ship, and thesoftware has been installed on more than 1000 ships worldwide.India Operation DetailsNAPA India focuses on the research and development of NAPA software solutions. It wasestablished in 2008 in Bangalore, and has employed, apart from structural engineers, newlygraduated software developers, for whom extensive training is imparted both in India andthe head office in Helsinki, Finland. Apart from R&D, NAPA India also focuses on customeroriented solutions like providing training and technical assistance to customers in India. Salessupport is also being provided by NAPA India to company’s Helsinki office.Address:Unit 4B, Fourth Floor (Rear Portion), Vakil Square, Gurappana PalyaBannerghatta Main Road, Bengaluru-560 029, IndiaTel: +91-80-4150 2775Fax: +91-80-4150 2776Website: www.napa.fiNetHawk Solution Pvt. Ltd.Brief ProfileNetHawk is one of the world’s leading manufacturers of analysers and simulators for thetelecommunications network. Their main customers are prominent network infrastructuremanufacturers and operators, whom they provide with the most powerful and scalable toolsfor testing in all stages of the network lifecycle. Their net sales in 2009 was EUR 28.5 million. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 73
  • 74. India Operation Details NetHawk has two sales offices – in Bengaluru and Gurgaon. Address: #330, Raheja Arcade, Koramangala, Bengaluru-560 095, India Tel: +91-80-4146 7533 Fax: +91-80-4146 7533 Website: Nextrom (Rosendahl Maschinen India Pvt. Ltd.) Brief Profile The parent company Nextrom Oy is a premium global supplier of turnkey manufacturing solutions and services for fibre and optical cable equipment. It offers customised complete product lines or single machines, in the fields of preform, VAD, MCVD, OVD, fibre optical cables, fibre draw and proof tests as well as UV coating lines. India Operation Details Rosendahl Maschinen India Pvt. Ltd. is a wholly-owned subsidiary of Nextrom Oy. Address: 7/8, Enkay Towers, Udyog Vihar Phase V, Gurgaon-122 016, India Tel: +91-124-245 0086/87 Fax: +91-124-401 3470 E-mail: Website: Nokia India Pvt. Ltd. Brief Profile Nokia is a global leader in mobile communications whose products have become an integral part of the lives of people around the world. Every day, more than 1.3 billion people use their Nokia to capture and share experiences, access information, find their way or simply to speak to one another. Nokia’s technological and design innovations have made its brand one of the most recognised in the world. For more information, visit India Operation Details Nokia has played a pioneering role in the growth of cellular technology in India, starting seventeen years ago with the first-ever cellular call made on a Nokia mobile phone over a Nokia-deployed network. The Indian operations comprise of the handsets business; R&D facility in Bangalore and a manufacturing plant in Chennai. The Chennai plant has the distinction of being the largest mobile phone manufacturing facility in the world and has74 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 75. rolled out 600 million units in December 2011, within less than 6 years of operations. Today,India holds the distinction of being the second largest market for the company globally.Address:Nokia India Private Limited,1st Floor, S P Infocity, Plot #243, Udyog Vihar Phase I, Gurgaon-120 016, IndiaHaryana, IndiaTel: +91-124-483 000/01Website:, Siemens Networks India Pvt. Ltd.Brief ProfileNokia Siemens Networks is the world’s specialist in mobile broadband. From the first evercall on GSM, to the first call on LTE, Nokia Siemens Networks operates at the forefront of eachgeneration of mobile technology. The company’s global experts invent the new capabilitiescustomers need in their networks. Nokia Siemens Networks provides the world’s most efficientmobile networks, the intelligence to maximize the value of those networks, and the servicesto make it all work seamlessly. With headquarters in Espoo, Finland, the company operates inover 150 countries and had net sales of over 14 billion euros in 2011.India Operation DetailsNokia Siemens Networks India has fully indigenized operations and a workforce of 15,000people (direct & indirect) with presence across hundreds of locations. Nokia SiemensNetworks’ operations in India include marketing and sales HQ offices in Gurgaon and Mumbai.The company has Global Network Solutions Centers (GNSC) in Noida and Chennai, India’slargest telecom manufacturing facility at Chennai and two research and development centerin Bengaluru and Hyderabad. Nokia Siemens Networks global services headquarters, GSM-Edge product management and a Centralized Solution Support Center (CSSC) are also basedin India strengthening company’s local presence further.Address:Nokia Siemens Networks Private LimitedBuilding No. 9A, DLF Cyber City, Sector-25A, Gurgaon-122 002, IndiaHaryana, IndiaTel: +91-124-450 4777Website: www.nokiasiemensnetworks.comOjala Engineering Pvt. Ltd.Brief ProfileOjala-Yhtymä Oy contract manufactures sheet and flatbar and also facilitates their assemblyand integration. It serves the energy, electrical, environmental, healthcare, and telecomindustries globally. Ojala-Yhtymä has factories in Finland, Slovakia and India.India Operation DetailsOjala Engineering is an 80 per cent owned subsidiary of Ojala-Yhtymä Oy.Address:7/4B Old Mahabalipuram Road, Egattur Village, Padur Post, Chennai-603 103, IndiaTel: +91-44-2743 5353E-mail: sales.chennai@ojalagroup.comWebsite: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 75
  • 76. Orbis (India) Pvt. Ltd. Brief Profile Orbis is a trusted partner for testing, quality control or material-use applications and a specialist in machine vision, measurement, RF and fibre-optic technologies. Orbis offers business-promoting value added services to its customers in the field of electronics. Headquartered in Vantaa, Finland, Orbis has subsidiaries in Sweden, Estonia, USA, China and India. India Operation Details Orbis (India) Pvt. Ltd. is a branch office of Orbis Oy, established in 2005. Orbis offers innovative engineering design and cost-competitive contract manufacturing services for new product development and low volume ‘box build’ applications. Address: Plot No. 20, North Phase Developed Plots, Guindy Industrial Estate, Ekkaduthangal, Chennai-600 097, India Tel: +91-44-2225 3806 Website: FinOrion Pharma India Ltd (A subsidiary of Orion Corporation, Finland) Brief Profile Orion is a Finnish pharmaceutical and diagnostics company. It develops, manufactures and markets human and veterinary pharmaceuticals, active pharmaceutical ingredients as well as diagnostic tests. Orion’s customers are healthcare service providers and professionals. The Group’s net sales in 2011 was EUR 918 million. India Operation Details Orion India is a wholly-owned subsidiary. Orion India is supporting head quarter as a back office primarily in the area of supply chain and R&D. Address: FinOrion Pharma India Pvt. Ltd. A subsidiary of Orion Corporation, Finland, 506, 5th Floor, C wing, Trader Star, JB Nagar, Andheri Kurla Road. Andheri (East), Mumbai-400 059, India Tel: +91-22-6137 9999 Fax: +91-22-6137 9900 Website: Outokumpu India Pvt. Ltd. Brief Profile Outokumpu is a global leader in stainless steel with a strong customer focus. Customers in a wide range of industries use Outokumpu‘s stainless steels and services worldwide. The company is well known from its high quality, reliability, world-class technical support, research and development. All of its major production sites are certified according to key environmental and quality standards. Company’s products have relevant national and international certifications and authorisations. Outokumpu operates in more than 30 countries and is headquartered in Espoo, Finland.76 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 77. India Operation DetailsOutokumpu India Private Limited is a wholly owned subsidiary of Outokumpu Group. Thecompany started its Sales and Marketing Division in India since October 2006. Outokumpuhas its head office in New Delhi and Branch offices at Mumbai, Chennai, Pune and Vadodara.The company has custom bonded as well custom cleared warehouses in Mumbai to serve theneeds of SMEs.Address:609-612, Hemkunt Tower, Nehru Place, New Delhi-110 019, IndiaTel: +91-11-4651 8440E-mail:, yatinder.suri@outokumpu.comWebsite: www.outokumpu.comOutotec India Pvt. Ltd.Brief ProfileOutotec develops and provides technology solutions for the sustainable use of Earths naturalresources. As the global leader in minerals and metals processing technology, Outotechas developed over decades several breakthrough technologies. The company also offersinnovative solutions for the chemical industry, industrial water treatment and the utilizationof alternative energy sources. Outotec shares are listed on the NASDAQ OMX Helsinki.India Operation DetailsOutotec India Private Limited (formerly known as Outotec Engineering Services IndiaPrivate Limited) was incorporated on 5 July 2007 with the primary objective of undertakingengineering, designing, procurement and supervision of contracts, supply of spare parts andafter sales services, consultancy services and marketing support and development servicesfor the metals, minerals and chemical processing industry.Address:Outotec India Pvt. Ltd.South City Pinnacle, Twelfth Floor, Sector V, Block EP, Salt Lake, Kolkata-700 091, IndiaTel: +91-33-4014 0400E-mail: aditi.basu@outotec.comWebsite: www.outotec.comPaper Products Ltd.Brief ProfileThe Huhtamäki Group is a leading manufacturer of consumer and specialty packaging.Consumer goods and food service markets are served by 66 manufacturing units and severalsales offices in 36 countries. The parent company, Huhtamäki Oyj, has its head office in Espoo,Finland.India Operation DetailsHuhtamäki is represented in India by a joint venture with the Paper Products Ltd. (PPL). PPLstarted as a packaging company in 1935. Huhtamäki acquired a majority stake in PPL in 1999.PPL is India’s leading consumer packaging company offering a wide portfolio of packagingsolutions.Address:L B S Marg, Majiwade, Thane-400 601, IndiaTel: +91-22-2173 5591Fax: +91-22-2173 5599, 2173 5650Website:, FINLAND- INDIA BUSINESS GUIDE 2012-13 l 77
  • 78. Planmeca India Brief Profile Planmeca Oy is the largest privately held company in the dental equipment market and the third largest company in this field. Headquartered in Helsinki, Finland, Planmeca designs, manufactures, and markets high-tech dental equipment suitable for private clinics and the teaching environment. The Group’s estimated turnover for the financial year 2012 is EUR 750 million with approximately 2,400 employees on its rolls. Planmed Oy (part of the Planmeca group) develops, manufactures and markets advanced imaging equipment for mammography and orthopedic imaging. India Operation Details Planmeca & Planmed have a sales (back) office in India and they distribute through Confident Sales India Pvt. Ltd., Bengaluru and a network of dealers. Address: Sudhindra R. Nakhate Area Sales Manager Address for correspondence: PO Box No. 16763, Mumbai-400 022, India Tel: +91-93235 48732, 98210 18559 Website:; Pöyry Energy Ltd. Brief Profile Pöyry is a global expert in consulting and engineering. It offers in-depth industry expertise, innovative solutions and lifecycle engagement. Their knowledge extends across hydropower, oil and gas, power and heat, renewable energy, paper and pulp industry, chemical process industry, transportation, water and environment, and construction services. Pöyry Environment is a company of independent consulting engineers, working for more than 50 years in all fields of infrastructure with special emphasis in the field of water resources, water supply, waste-water, and solid waste disposal. Pöyry has 7,000 experts in 50 countries. Net sales of Pöyry Group was EUR 680 million in 2010. India Operation Details Pöyry Energy Ltd. Poyry is represented in India by a branch office. Address: 112, Golf Apartments, Sujan Singh Park, New Delhi-110 003, India Tel: +91-11-2465 3146 Fax: +91-11-2465 3196 Website: www.poyry.com78 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 79. Promade Communications India Pvt LtdBrief ProfilePromade Communications India Pvt Ltd is the first Finnish marketing communicationscompany in India, providing localised marketing communications services, both externaland internal, to Finnish and other foreign companies in India. The mission is to help foreigncompanies to get visibility in the Indian market place, to assist them in image and brand-building and network building.India Operation DetailsPromade Communications India is a subsidiary of Promade Oy, Joensuu, established inFebruary 2012 in New Delhi. It works in partnership with Indian marketing communications,media and PR professionals.Address:A2/78 Safdarjung Enclave, New Delhi-110 029, IndiaTel: +91-78380 43030E-mail: info@promade.inWebsite: www.promade.inQvantel Software Solutions Ltd.Brief ProfileQvantel is an international technology services and systems integration company with over150 domain, technology and process consultants. Qvantel has an extensive product portfoliocovering business/operations support systems, systems integration and IT consulting services.Qvantel deploys lean/agile delivery processes and is a pioneer in distributed lean/agile deliverymodels. Qvantel has sharp focus on delivering products, solutions and services to Tier-I handsetmanufacturers, leading operators, and network vendors across Europe and Asia.India Operation DetailsQvantel has technology competence centres and a sales office in India.Address:Plot No. 74, Amar Co-Op Housing Society, Kavuri Hills, Madhapur, Hyderabad-500 081, IndiaTel: +91-40-6455 5529, 6524 7912Website: www.qvantel.comIndia Recypa Pvt. Ltd.Brief ProfileIndia Recypa Pvt. Ltd. is a joint venture company between UPM Kymmene (Finland) and AnikaInternational (India). It’s formed with a vision to be the first and the biggest professionallymanaged company in India in the sector of waste paper trading business. The role of thecompany is to support Indian Paper Manufacturing Companies in outsourcing raw materialsfrom overseas as well as domestic markets.India Operation DetailsIndia Recypa Pvt. Ltd. has been closely associated with almost all the major Paper Mills ofIndia and has been supporting them by outsourcing various grades of imported waste paperfrom Europe and rest of the world. Company’s domestic waste paper sales for financial year2011-12 were close to 100,000 tons. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 79
  • 80. Address: M-2, Modi Tower, Nehru Place, New Delhi-110 019, India Tel: +91-11-4900 9900, 4900 9990, 4900 9999 E-mail:; Website: Rupeeja Pvt Brief Profile Rupeeja is a communications and PR agency serving Nordic clients. Address: 601, Anand Villa, 5th Road, Khar West, Mumbai- 400 052, Maharashtra, India Tel: +91-88791 49027 E-mail:, Website: Salcomp Manufacturing India Pvt. Ltd. Brief Profile Salcomp is a leading maker of mobile phone chargers, supplying to most major mobile phone manufacturers. Salcomp has also a range of power adapters suited for tablets, notebooks, gateways, routers, set-top-boxes, lighting and other electronic applications. Salcomp’s HQ is in Finland, and production plants in Brazil, China and India. India Operation Details In India, Salcomp makes mobile phone chargers, mainly for domestic markets. The company’s capacity is about 100 million chargers per year. Salcomp’s production facilities are located in Sriperumbudur, near Chennai, where it employs about 4000 employees. Address: Salcomp Manufacturing India Pvt Ltd. Nokia Telecom SEZ, Chennai-Bangalore Highway, Sriperumpudur-602 105, Tamil Nadu, India Tel: +91-44-3717 7777 E-mail: Website: Savcor India Pvt. Ltd. Brief Profile Savcor Group Ltd. (ASX:SAV) is an industrial technology company specialising in materials technology with several applications in Advanced Rehabilitation Technology (ART) and nanotechnology coatings used in applications such as mobile phones. Savcor’s core customers are the leading companies and utilities in the Australian mining, energy and infrastructure sectors (Savcor ART) and the world’s leading mobile phone handset manufacturers using its ultra thin vacuum coating services (Savcor FACE). Savcor employs 1,500 people throughout the world. India Operation Details Savcor India is a wholly-owned subsidiary. Address: ‘Nama Aurore’, First Floor, No. 54 South End Road, Nagasandra Circle Basavanagudi, Bengaluru-560 004, India Tel: +91-80-2676 9233 Fax: +91-80-2676 9232 E-mail: Website: www.savcor.com80 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 81. Sanako Education India Pvt. Ltd.Brief ProfileSanako is a global leader in developing language teaching software and language labs. Thecompany has worked closely with its customers for the past 45 years in order to enable bettercomprehension, speaking and general communication skills. Sanako has its presence in over 100countries across the globe. The company cooperates with its customers to better understandtheir needs, which in turn enables to develop products that are pedagogically effective.India Operation DetailsSanako Education India operations consist of a team of six employees. The company worksvery closely with its channel partners and hence covers pan India operations from its regionaloffice based in Gurgaon.Address:Regus Gurgaon Metropolitan Business Centre Pvt. Ltd.JMD Regent Square, 6th Floor, Room No. 720, MG Road, Gurgaon-122 002, IndiaTel: +91-99991 69878E-mail: Vivek.gupta@sanako.comWebsite url : www.sanako.comSINTROL OYBrief ProfileFounded in 1975, Sintrol has grown into one of the world’s largest dust monitor manufacturerssupplying a wide range of dust measurement devices. Sintrol’s dust monitors have beendeveloped and enhanced with state of the art equipment and verified by Finland’s foremosttechnical universities. Sintrol provides high quality solutions and dust measuring devices todozens of industries, including the process industry, power plants, equipment manufacturers,universities, food manufacturers, among others.India Operation DetailsSintrol has its own office in New Delhi as Sintrol India Liaison office serving Indian industrieswith strong distributor network and technical expertise.Address:SINTROL OY (India Liaison Office)A-2/78, Safdarjung Enclave, New Delhi-110 029, IndiaTel: +91-98116 76061, +91-11-2616 9814Website:, www.sintrol.comSmartBharat Mobile Solutions IndiaBrief ProfileSmartBharat Mobile Solutions India is a part of Smartphone Solutions Group (Finland) actingin India as a service provider, providing mobile business services to enterprise customers. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 81
  • 82. Company‘s mission is to bring all the knowledge it has gained in Europe (mobile security, mobility cost reduction, mobility benefits) to Indian enterprises. The company helps enterprises to define their mobile strategy & policies, how to handle BYOD with the help of high class MDM (SmartManager). The company offers SmartMail push E-mail (with the legal intercept option available if needed) available for Android, Symbian & Windows Phone 8 devices. India Operation Details SmartBharat Mobile Solutions has been active in India over two and a half years. The company’s mission is to find out new resellers & serve current resellers & enterprise customers in India. Company’s high class expertise in mobility consultancy, Push E-mail & Mobile Device Management is available for the enterprises it is cooperating with. Address: K-4, South Extension-2, New Delhi-110 049, India Website: Stera Engineering India Pvt. Ltd. Brief Profile Stera India is highly focused on mechanical and electromechanical assemblies in the segments of Elevator parts, telecommunication, antenna parts, healthcare & wide range of industrial product assemblies. Stera ‘s flexible and highly customised production methods; its products offer superior value to their clients. Most of the production is contract manufacturing. Company’s early involvement in designing for manufacturability adds more value to their customers. India Operation Details Stera India is a 100% owned subsidiary of Stera Technologies OY Finland. The business unit of Stera India is located in Chennai within a space of 5500 sq.meter, with ISO 9001 & 14001 certified standards. Address: Stera Engineering India Pvt. Ltd. No 9, Avadi Main Road, Veeraragavapuram Village, Poonammalle, Chennai-600056 Tamil Nadu, India Tel: +91-44-3257 9798 E-mail: Website: www.stera.com82 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 83. Stora Enso (India) Branch Office Brief Profile Stora Enso is the global rethinker of the paper, biomaterials, wood products and packaging industry. Stora Enso’s sales in 2011 were EUR 11.0 billion, with an operational EBIT of EUR 866.7 million. The Group has some 30 000 employees in more than 35 countries worldwide, and is a publicly traded company listed in Helsinki and Stockholm. India Operation Details Stora Enso India is the branch office of Stora Enso Oyj, Finland. The company is responsible for sales of Stora Enso products in India, Nepal, Bangladesh and Sri Lanka. Stora Enso Inpac Delta India Pvt. Ltd. manufactures various kinds of paper-based packaging products at its factory based in Chennai. Address: Stora Enso (India) Branch Office Stora Enso Inpac Delta India Pvt. Ltd. 10th Floor, Block-B, Vatika Towers, Sector-54, C-6 Sipcot Industrial Park, Irungattukottai, Golf Course Road, Gurgaon-122 002, Sriperumbudur Taluk-602 105 Haryana, India Kancheepuram District, Tamil Nadu, India Tel: +91-124-4795800 Tel: +91-44-37170 700 Fax: +91-124-4795888 Fax: +91-44-37170 799 E-mail: E-mail: Website: Website: www.storaenso.comStresstech Bharat Pvt. Ltd. Stresstech Bharat Pvt. Ltd. Brief Profile Stresstech Group has since 1983 from the foundation of American Stress Technologies, Inc. served metal industry all over the world with solutions and high-tech instruments for non- destructive testing of the quality of components. Stresstech Oy- Finland (Head Office & manufacturing facility), American Stress Technologies, Inc. (AST) - USA, Stresstech GmbH- Germany & Stresstech Bharat Pvt. Ltd- India form the Stresstech Group. India Operation Details Stresstech Bharat Pvt. Ltd. (SBPL) is a fully owned Indian subsidiary of Stresstech Oy Finland and is authorised service centre in India. Company’s equipment are used for studying: Grinding burns, Heat treat defects, hardness changes, residual stresses, retained austenite contents etc. or for controlling the quality of: grinding, heat treating, shot peening, machining of camshafts, crankshafts, ball bearings, gears, valves, rotors, turbine blades, cylinder blocks, cylinder heads etc. As per your requirement, Stresstech can supply manually operated, semi-automatic and fully automatic NDT equipment. The company is also serving to all types of metal industries by offering them residual stress and retained austenite measurements via X-ray Diffraction and Barkhausen Noise Analysis in addition to the equipment for sale. Measurements can be made on parts like ball bearings, springs, valves, gears, shafts, etc. to monitor the quality of such processes as grinding, heat treating, shot peening, machining and forming. Depending on your wishes and parts to be measured; you can send the part to Stresstech or the company can contact you. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 83
  • 84. Address: Stresstech Bharat Pvt. Ltd. Office No. B-8, Bhaveshwar Arcade, LBS Marg, Near Shreyas Cinema Ghatkopar (West), Mumbai-400 086, Maharashtra, India Tel: +91-22-2500 1092 Mobile: +91-99607 94466 Fax: +91-22-2500 1047 E-mail: Tecnotree Convergence Ltd. Brief Profile Tecnotree is a provider of business IT solutions for telecom operators globally. With Tecnotrees product and order management solutions operators can quickly launch and deliver personalised service bundles and grow their business. Company’s solutions for charging, billing and customer management allow operators to invoice their customers with a single bill and provide next best offers based on predictive analytics. India Operation Details Tecnotree has a staff of over 1000 professionals with R&D centres in India, Finland, Ireland, Argentina & Malaysia. Its operations are organised around product management, product development, solutions delivery, sales and marketing, and other support functions. While India represents Tecnotree’s single biggest R&D entity, all other functions are also present in India. Address: Tecnotree Convergence Limited # 65/2, B Block, 5th Floor, Level-07, Bagmane Tridib, Bagmane Tech Park, C.V. Raman Nagar, Byrasandra, Bangalore-560 093, India Tel: +91-80-401 40600 Fax: +91-80-401 40700 Website: Tekla India Pvt. Ltd. Brief Profile Tekla Corporation, founded in 1996, develops software products for building and construction, energy distribution, infrastructure management and water supply sectors. Teklas mission is to drive the evolution of digital information models with its software, providing a growing competitive advantage to customers in the construction, infrastructure and energy industries. Tekla has area offices and partner organisations across the globe. International operations account for 85 per cent of its net sales. The company has customers in nearly 100 countries. Tekla Group’s net sales were EUR 58 million in 2010. India Operation Details Tekla is represented in India through a branch office. Address: Unit No. 112-115, Building No-2, Millennium Business Park, Sector-1 Mahape, Navi Mumbai-400 710, India Tel: +91-22-6138 7777 E-mail: Website: www.tekla.com84 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 85. Tema Networks Ltd.Brief ProfileTema Networks provides tailored solutions and platforms for the VAS and communicationservice business needs of mobile operators.India Operation DetailsTema Networks is a wholly-owned subsidiary.Address:Tema India Ltd., B-607, BSEL Tech Park, Sector 30A, Vashi, Navi Mumbai-400 705, IndiaTel: +91-22-6690 0100Fax: +91-22-6712 4533-34E-mail: india@temanetworks.comWebsite: www.temanetworks.comTermex IndiaBrief ProfileTermex India is a branch office of Termex Eriste Oy from Saarijarvi Finland. The companymanufactures and markets cellulose fibre insulation. The cellulose fibre insulation is madefrom clear newsprint material in Finland. The company has been working in Finland since1988 and has been expanding operations globally.India Operation DetailsTermex India entered the Indian market in October 2010. With its cellulose fibre insulationproduct Termex India has participated in IGBC 2010 and Griha 2011 exhibitions in Chennaiand Delhi. Currently the company is promoting the product for architects and consultantsworking with green products. Termex has an association with IGBC and Teri and will launch itsproduct in India in October 2011.Address:Termex India, SCO 345, Second Floor, Sector 9, Panchkula-134 109, IndiaTel: +91-172401 5510Website: SwitchBrief ProfileThe Switch is the leading supplier of megawatt-class permanent magnet generators and full-power converter packages that effectively capture power from highly variable energy sourceslike wind and solar. The technology ensures reliable future grid compliance and maximises FINLAND- INDIA BUSINESS GUIDE 2012-13 l 85
  • 86. energy yields. The Switch has installed wind power capacity of more than 5,000 MW globally since starting operations in 2006. The Switch is headquartered In Vantaa Finland with production facilities in Finland, China and the US and sales offices in Denmark, Spain and India. India Operation Details The Switch entered the Indian market in late 2010 with the intent to become the industry leader in supplying permanent magnet generators and full-power converters in both wind and solar power solutions. The company is in the process of registering their office in Chennai while their products are already gaining momentum in India and the company is getting a foothold in the market. Address: The Switch, C/o Apeejay Business Centre 39/21 Haddows Road, Nungambakkam, Chennai-600 006, India Website: Tieto Software Technologies Pvt. Ltd. Brief Profile Tieto is an IT services company providing IT, R&D and consulting services. With approximately 16,000 experts, they are among the leading IT services companies in northern Europe and the global leader in selected segments. Their net sales were EUR 1700 million in 2010. India Operation Details Tieto is a wholly-owned subsidiary. Its industry expertise areas in India include healthcare, welfare, banking and insurance, telecom and media. Address: Eighth Floor, D Bldg., Weikfield IT City Info Park, Nagar Road, Pune-411 014, India Tel: +91-20-6604 2233/2244 Fax: +91-20-6604 2255 Website:, UPM India Pvt. Ltd. Brief Profile UPM Kymmene Corporation, Helsinki, Finland UPM leads the integration of bio and forest industries into a new, sustainable and innovation- driven future. The company products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 24,000 people and it has production plants in 16 countries. UPMs annual sales exceed EUR 10 billion in 2012. UPMs shares are listed on the Helsinki stock exchange. UPM – The Biofore Company – India Operation Details UPM India is exploring the possibilities for a paper mill in India. Location for mill is identified is in Gujarat and the project is at feasibility stage. Proposed investment would be in multiples of 100s Mn Euros. Commercial production may take about 3-4 years. Another business unit of UPM, Raflatac is into labelstocks business. Raflatac has two slitting terminals in India – one at Mumbai and other at Bangalore.86 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 87. Address:UPM India Private Limited, C-45/1, TTC Industrial Area, Turbhe,Navi Mumbai-400 705, IndiaTel: +91-99675 38339E-mail: Praveen.gupta@upm.comWebsite: www.upm.comVacon Drives and Controls Pvt. Ltd.Brief ProfileVacon is driven by a passion to develop, manufacture and sell the best AC drives and invertersin the world - and provide customers with efficient product lifecycle services. Vacon AC drivesoffer optimum process control and energy efficiency for electric motors. Vacon inverters playa key role when energy is produced from renewable sources. Vacon has production and R&Dfacilities in Europe, Asia and North America, and sales offices in 27 countries. Further, Vaconhas sales representatives and service partners in nearly 90 countries. In 2011, Vacon’s revenuesamounted to EUR 380.9 million, and the company employed globally approximately 1,500people. The shares of Vacon Plc (VAC1V) are quoted on the main list of the Helsinki stockexchange (NASDAQ OMX Helsinki).India Operation DetailsVacon Drives & Controls Pvt Ltd is a wholly owned subsidiary of Vacon Plc in India.It wasestablished in 2006 at Chennai.In last five years, Vacon has grown with a CAGR of 40% with its solution factory at Bangalore.Vacon is present in all industrial hubs of India with its reach of Sales & Service network atAhmedabad, Bangalore, Chennai, Hyderabad, Mumbai, Pune, Kolkota, Delhi, Chandigarh,Raipur, Bhilai. The vast network is also supported by its 32 partners across the country.Vacon’s facility at Chennai & Bangalore are the hubs for all AC Drives and the spare partsalong with a Service Centre,Customer Training Centre and engineering excellence centre atBangalore.Major customer base of Vacon is steel, power, cement, textile, plastics, cranes, chemicaloil & gas, mining, HVAC and marine. Vacon provides total engineered solution to all theseindustries in India. Vacon’s approach to market is with well balanced portfolio managementof – end Customer, OEM, System Integrators, Brand Label, Value Added Resellers.Renewable energy is another segment which is focused in India. Solar and Wind are the majorsegments. Vacon offers Solar Invertor solution Vacon 8000 Solar from 10KW to 5MW and inwind Direct Fed inverters up to 3.5MW. A newly launched Double Fed Invertor - Vacon 8000Wind offers an economical solution to Wind Mills. FINLAND- INDIA BUSINESS GUIDE 2012-13 l 87
  • 88. Address: Corporate office: Factory: Vacon Drives & Controls Pvt Ltd Vacon Drives & Controls Pvt Ltd, No. 56 & 57, 352, Kapaleshwar Nagar Bommasandra Jigani Link -Road East Coast Road, Neelangarai Bommasandra Industrial Area Chennai-600 041, India VIth Phase, Anekal (T), Bangalore-560 099 Karnataka, India Tel: +91-44-2449 0024/25 E-mail: Website: Vahanen Building Services India Ltd. Brief Profile Vahanen Building Services India offers services for building projects all around India and abroad in several service fields, including structural engineering, architecture and project management. The company serves as knowledge partners for its clients and provides high- quality solutions using extensive know-how in modern building techniques. Vahanen’s main purpose is to add value by offering the right kinds of specialist services for its clients’ needs. The company manages projects effectively through its internal project management programme, which ensures that their specialists handle all parts of building projects. India Operation Details Vahanen India’s service areas cover all of the phases of a building’s life cycle. The company offers building services for many different types of buildings such as: residential projects, commercial office buildings and shopping malls, industrial structures and logistic centres, car parks, and stadiums. Especially pre-cast structures are becoming more used in the Indian building market and Vahanen offers pre-cast solutions and services across all of its service areas. Vahanen India’s service areas include: architecture, structural engineering and project management. Address: Landmark Plaza, Second Floor, Quarkcity India Pvt. Ltd., A-40 A, Industrial Area, Phase VIII B Mohali-160 071, India Tel: +91-98765 78866 E-mail: Website: Vaisala Oyj Liaison Office in India Brief Profile Vaisalas core business is environmental measurement, especially weather measurement and chosen industrial measurements. Business is conducted by two business areas: Weather and Controlled Environment. The business areas are supported by the group wide functions: Products and Technology, Services and Operations.88 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 89. India Operation Details Vaisala Oyj is represented by its liaison office, which has been operating in India since 2008. The office currently has two employees. Address: Vaisala Oyj Liaison Office in India, JMD Galleria, Office No. SF-02, 6th Floor Sector 48, Main Sohna Road, Gurgaon-122 001, Haryana, India Tel: + 91-124-421 3069 Fax: + 91-124-421 3068 E-mail: Website: www.vaisala.comV Veda Sourcing Solutions Pvt Ltd Brief Profile Veda Sourcing Solutions was formed in year 2007 with a vision of focusing on providing the total solutions for sourcing from emerging country – India, facilitating Indian manufactures and service providers to reach world market. The company acts as catalyst for getting ”The Best of both worlds” for the customers. India Operation Details Veda Sourcing Solutions offers following services to their esteemed customers: Sales authorisation, installation, commissioning, after sales including storage of spare parts & annual maintenance services for customer products in India. Sourcing for customer from India: Identifying potential suppliers according to RFQ, specifications received from customers; securing confidentiality of customer designs, provide budgetary pricing & comparative analysis among short listed suppliers; onsite audit inspection including material confirmation and traceability; and emphasis on timely delivery & complete visibility by continuous communication – “Your Eyes in Indian factory”. Address: Flat No. 14, B1 Building, Bhujbal Township, Kothrud, Pune-411 038, Maharashtra, India E-mail: Website: VME Precast Pvt. Ltd. Brief Profile Valkeakosken Betoni Oy (Valkeakoski Concrete Ltd.) was founded in 1993. VaBe is one of the largest manufacturers and suppliers of precast concrete products in Finland. Using meticulous production design and skill, VaBe produces a wide range of high quality products. India Operation Details VME Precast Pvt. Ltd., manufacturing prefabricated concrete elements and products in Chennai, is a joint venture between VaBe and Indian VME Group. The factory was inaugurated in 2010. Address: No. 364 Pilliar Koil Street, Panner Nagar, Mogappair, Chennai-600 037, India Tel: +91-44-2625 0707/2625 5885 E-mail: Website: FINLAND- INDIA BUSINESS GUIDE 2012-13 l 89
  • 90. Wärtsilä India Ltd. Brief Profile Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. Wärtsilä employs 18,000 professionals in 70 countries around the world. The company’s net sales were EUR 4.6 billion in 2010. India Operation Details Wärtsilä India was formed as a listed company in 1986. It is a provider of lifecycle multi-fuel-based power solutions and services for marine and energy markets. Wärtsilä was one of the first Finnish companies to enter the Indian market in the early 1980s. It employs 1,100 people in India and has a total installed base of 4,500 MW (power plants and marine engines). Wärtsilä has operations in several cities in India. Address: 48, Neco Chambers, Sector 11, CBD Belapur, Navi Mumbai-400 614, India Tel: +91-22-2757 5361/71 Fax: +91-22-2757 5176/78 E-mail: Website: WinWinD Power Energy Pvt. Ltd. Brief Profile WinWinD manufactures and supplies one and three MW wind turbines. Their turbines are running in Finland, India, Sweden, Estonia, Portugal, France and Czech. WinWinD was founded in 2000 and it has 800 employees. It is owned by the Sterling Infotech Group of India, Masdar Initiative of Abu Dhabi and Finnish Industry Investment Ltd, with headquarters in Finland. India Operation Details After Sterling Infotech Group’s acquisition of controlling stake in WinWinD Oy, WinWinD Power Energy Pvt. Ltd. (WPEPL) was incorporated in India as a wholly-owned subsidiary of WinWinD Oy. WPEPL is setting up its factory in Vengal that will house the assembly unit and blade production units for the one MW and the three MW turbines. Address: Sterling Tower, No. 337, Anna Salai, Teynampet, Chennai-600 006, India Tel: +91-44-2431 3001/15 Fax: +91-44-2431 3066 Website: www.winwind.com90 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 91. AnnexureUseful Web Links – FinlandGeneral InformationThis is Finland http://finland.fiStatistics Finland www.suomi.fiEmbassy of Finland in India and Business Finpro www.finpro.fiEnterpriseFinland www.yrityssuomi.fiEuropean Business and Technology Centre http://ebtc.inConfederation of Finnish Industries www.ek.fiBank of Finland www.bof.fiInvest in Finland www.investinfinland.fiChambers of Commerce www.chamber.fiFinnfacts www.finnfacts.fiCustoms www.tulli.fiContact Finland www.contactfinland.fiGovernmentPresident of the Republic of Finland www.tpk.fiParliament of Finland www.eduskunta.fiGovernment of Finland www.government.fiMinistry for Foreign Affairs of Finland formin.finland.fiMinistry of Employment and the Economy www.tem.fiMinistry of Environment www.ymparisto.fiTechnologyTekes www.tekes.fiHigh Technology Finland www.hightechfinland.comEducation and ResearchNational Board of Education for International Mobility www.cimo.fiSITRA www.sitra.fiAcademy of Finland www.aka.fiVTT Technical Research Centre www.vtt.fiMinistry of Education www.minedu.fiTourismVisit Finland www.visitfinland.comFinnish Tourist Board www.mek.fiArt and CultureMuseums www.museums.fiFinnish Literature Society www.finlit.fiFinnish Music Information Centre www.fimic.fiFinnish DanceInformation Centre www.danceinfo.fiFinnish Theatre Information Centre www.teatteri.orgFinnish Film Foundation Export Finland/MUSEX musex.fiFinland Festivals www.festivals.fiFinnish Association of Architects SAFA www.safa.fiDesign Forum Finland www.designforum.fiCivil SocietyFinnish India Society www.suomiintiaseura.fiKEPA, Service Centre for Development Cooperation www.kepa.fiThe Family Federation www.vaestoliitto.fiFinnish League of Human Rights www.ihmisoikeusliitto.fiUN Association of Finland FINLAND- INDIA BUSINESS GUIDE 2012-13 l 91
  • 92. Useful Web Links – IndiaGeneral InformationIndia Image www.indiaimage.nic.inNational Portal of India of India Website Directory www.goidirectory.nic.inTrade and BusinessFICCI www.ficci.comCII www.cii.inNASSCOM www.nasscom.inASSOCHAM www.assocham.orgDatabase of Indian Importers and Exporters www.tradeindia.comUnion Budget and Economic Survey www.indiabudget.nic.inIndia Brand Equity Foundation www.ibef.orgBanking and Financial Institutions www.goidirectory.nic.inReserve Bank of India Commission of India www.investmentcommission.inCompetition Commission of India Board of Excise and Customs of External Affairs of India www.parliamentofindia.nic.inPlanning Commission www.planningcommission.nic.inCensus of India www.censusindia.netGovernment Policies India Knowledge Commission India www.incredibleindia.orgMinistry of Tourism and Culture Tourism Development Corporation Tourism www.goa-tourism.comKerala Tourism Development Corporation www.ktdc.comEducation and ResearchUniversity Grants Commission of Universities in India and CultureMinistry of Culture www.indiaculture.nic.inNational Academi of Art/Lalit Kala Akademi School of Drama Museum Gandhi National Centre for the Arts www.ignca.nic.inDirectorate of Film Festival visit the link under www.mib.nic.inCivil SocietyNational AIDS Control Organisation www.nacoonline.orgChildline India Commission for Women www.ncw.nic.inNational Commission for Minorities www.ncm.nic.inNational Human Rights Commission www.nhrc.nic.inNational Resource Centre for Women www.nrcw.nic.in92 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 93. Media InformationMedia Information – FinlandFinns have long been avid newspaper readers; they rank first in the EU and third in the world, after Japan andNorway. The popularity of the media can be gauged from the fact that there are around 200 newspapers; 320popular magazines; 2,100 professional magazines; 67 commercial radio stations, of which, one is a nationwidechannel; three national public service radio channels in Finnish, and two in Swedish; a radio network in the Samilanguage, three digital radio channels; four national TV channels, of which two are public service and two arecommercial channels; 12,000 annual book titles and 12 million records sold each year. All this is available for apopulation of 5.3 million in a land with 67 per cent internet penetration (in terms of households).Finland’s broadcasting sector is very dynamic and the country has embarked on a comprehensive digitisationprogramme.The PressHelsingin Sanomat (Daily) www.hs.fiIlta-Sanomat (Evening daily) www.iltasanomat.fiHufvudstadsbladet (Swedish language daily) www.hbl.fiKauppalehti (Business daily) www.kauppalehti.fiTaloussanomat (Business daily) www.taloussanomat.fiAamulehti (Daily) www.aamulehti.fiTurun Sanomat (Daily) www.ts.fiIItalehti (Evening daily) www.iltalehti.fiKaleva (Daily) www.kaleva.fiTelevisionYleisradio Oy (YLE) (Public, operates severalchannels in Finnish and Swedish) www.yle.fiMTV3 (Private) www.mtv3.fiNelonen (Channel 4) (Private) www.nelonen.fiRadioFinnish Broadcasting Company, YLE www.yle.fiRadio Nova (Commercial) www.radionova.fiThe Voice (Commercial) www.voice.fiNRJ (Commercial) www.nrj.fiClassic Radio (Commercial) www.classicradio.fiNews AgenciesFinnish News Agency – Suomen Tietotoimisto (STT), Swedish and English) FINLAND- INDIA BUSINESS GUIDE 2012-13 l 93
  • 94. Media Information – India India has an estimated 52 million homes with televisions. This works out to 270 million television viewers in homes. The total number of viewers, including non-television home viewers, is around 415 million. The country is estimated to have anywhere between 30,000-60,000 cable operators. (www. PressThe Times of India (India’s largest selling English daily) www.timesofindia.comThe Hindustan Times (New Delhi-based daily) www.hindustantimes.comThe Hindu (English daily) www.thehindu.comThe Pioneer (English daily) www.dailypioneer.comThe Indian Express (New Delhi-based daily) www.indianexpress.comThe Statesman (Kolkata-based daily) www.thestatesman.netDeccan Herald (Bengaluru-based daily) www.deccanherald.comBusiness Standard (English business daily) Economic Times (Largest selling English business daily) www.economictimes.comThe Financial Express (English business daily) www.financialexpress.comThe Hindu Business Line (English business daily) www.thehindubusinessline.comMint (English business daily in partnership with The Wall Street Journal) www.livemint.comIndia Today (New Delhi-based news magazine) http://indiatoday.intoday.inOutlook (New Delhi-based news magazine) www.outlookindia.comFrontline (English news magazine) www.frontlineonnet.comTelevisionIndia Today Group (operates two news channels – Tak in Hindi, and Headlines Today in English) Delhi TV/NDTV (Operates three news channels, NDTV-lndiain Hindi, NDTV 24x7 in English and NDTV Profit business channel) www.ndtv.comDoordarshan (Public TV; operates 21 national, regional or local services) www.ddindia.comTV 18 (Operates four news channels, CNN-IBN in English, IBN7 in Hindi,CNBC TV18 business news in English and CNBC-Awaaz business news in Hindi)Times Now (English news channel in partnership with Reuters) www.timesnow.tvZee TV (Satellite, cable TV services operated by Zee Group) www.zeetelevision.comSTAR TV (Operates satellite, cable TV services including STAR News,owned by News Corporation) Sony Entertainment TV (Commercial channel) http://www.setindia.comRadioAll India Radio (Public radio) www.allindiaradio.orgRadio Mirchi (Commercial network, stations in Mumbai, Delhi and other cities, www.radiomirchi.indiatimes.commainly music, operated by The Times Group) City (Commercial, FM stations in Mumbai andother cities, owned by News Corporation) www.planetradiocity.comRed FM (Commercial, operated by India Today Group) www.india-today.comBig FM (Commercial, FM stations in several cities) www.big927fm.comFever FM (Commercial, operated by Hindustan Times Group) www.fever.fmNews AgenciesPress Trust of India (Print media news agency) www.ptinews.comUnited News of India (Print media news agency) www.uniindia.comAsian News International (Multimedia news agency) www.aniin.comIndo Asian News Service (Print media news agency,USP: coverage of the Indian diaspora) www.ians.in94 l FINLAND- INDIA BUSINESS GUIDE 2012-13
  • 95. Team FinlandPartnership for SUCCESS FINLAND- INDIA BUSINESS GUIDE 2012-13 l 95
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