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Greenfield Tractor Project

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GOLD TRADING AT DMCC

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One of our clients, John, called the office on Wednesday 27th February at 3.10pm saying that he urgently needed a Tax Residency Certificate and that he needed it on that day as he was flying out of the UAE on the same date.

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Greenfield Tractor Project

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Background Our client, one of the leading agro-machinery manufacturers in South India planned to expand their product range by adding innovative and modern products into their portfolio. The company was already running well and was at a stage where it wanted to join the bigger players in agro-machinery business

Transaction overview

After initial discussions with senior management, TMG advised on possible areas of diversification and helped them shortlist three new products they could produce andmarket with their existing facility. With the firm support of company’s senior management, we went on to prepare a feasibility study and a Detailed Project Report with financials to support launch of the new product. Based on our report, the company decided to set up a green field tractor manufacturing facility with technology from an international collaborator.


Key deliverables

This project was executed through our associate Koine Investment Advisory. We assisted the client in short listing and identifying partners for technology transfer, drafting the Memorandum of Understanding, preparation of DPR with backup financials, approval of Project from various statutory agencies in both State and Central Government, obtaining Project finance and vendor development

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