Our joint ventures practice offers strategic advisory services to international companies seeking to establish joint ventures and collaborations in India. We provide comprehensive guidance and support throughout the joint venture lifecycle, from initial negotiations and due diligence to the drafting and execution of agreements. Our experienced team possesses in-depth knowledge of Indian business practices, legal regulations, and industry dynamics, enabling us to offer strategic advice that aligns with our clients’ business objectives and maximizes value creation.
Negotiation and Due Diligence
We assist international companies in negotiating with Indian partners, conducting thorough due diligence, and structuring joint venture agreements that address key legal, commercial, and regulatory considerations. Our team works closely with clients to identify potential risks and opportunities associated with the proposed joint venture, ensuring that all parties have a clear understanding of their rights, obligations, and responsibilities.
Drafting and Documentation
We excel in drafting clear, comprehensive, and legally robust joint venture agreements that protect our clients’ interests and promote successful collaboration. From structuring governance mechanisms, defining ownership and profit-sharing arrangements to addressing dispute resolution mechanisms, our attorneys draft tailored agreements that reflect the unique needs and priorities of the joint venture partners.
Partner for Joint Ventures in India
Majmudar & Partners is the trusted partner for international companies seeking to establish joint ventures and collaborations in India. Our dedicated team of joint venture specialists combines legal expertise, industry knowledge, and commercial acumen to deliver innovative solutions and superior results for our clients. We are committed to building long-term relationships based on trust, integrity, and mutual respect, and to helping our clients achieve their strategic objectives and drive sustainable growth through successful joint ventures in India.
Insightful Guidance
Our firm’s deep understanding of Indian business practices and culture provides valuable insights to international clients navigating the complexities of joint ventures in India. We leverage our insights into the working of Indian companies to anticipate challenges, identify opportunities, and facilitate smooth collaboration between joint venture partners. Our pragmatic approach and proactive guidance help our clients navigate cultural differences, regulatory requirements, and business challenges, ensuring the success and sustainability of their joint ventures in India.
Recent Transactions in Joint Ventures
- CIGNA International Corporation in augmenting its stake in its insurance joint venture in India and on the replacement of its existing joint venture partner by Manipal Group.
- Otsuka Pharmaceuticals Factory, Inc. in respect of its acquisition of an additional 20% stake in its existing Indian joint venture company, Otsuka Pharmaceutical India Private Limited, from its joint venture partner, Claris Lifesciences Limited.
- Coster Tecnologie Speciali S.p.A. in connection with the buyout of its Indian subsidiary, Coster India Packaging Private Limited, from its joint venture partner.
- Stable Beteiligungs GmbH in its first joint venture transaction in India with Pravi Auto Swing Private Limited.
- Pelliconi and C. S.p.A on acquiring a majority stake in an Indian company engaged in the packaging business in India, which was ultimately terminated.
- Utkarsh Global Holdings Private Limited, one of the promoters of Excel Crop Care Limited, in connection with the sale by Utkarsh (along with certain other shareholders) of its stake in Excel to Sumitomo Chemical Company for US$94 million.
- Devang Mehta and Sandeep B. Shetty on the investment in Gaia Smart Cities Solutions Private Limited including finalizing the Shareholders and Share Subscription Agreement and the restated Articles of the company.
- Arneg S.p.A. in its joint venture with the Ambience Group and subsequent buyout of the joint venture partners’ stakes.
- Hareon Solar Technology Company Limited in connection with a joint venture agreement with ReNew Power Ventures Private Limited, to develop a solar project of 72 MW capacity in the State of Andhra Pradesh.
- Vehicle Access Systems Technology LLC in acquisition of a 50% stake in Minda VAST Access Systems Private Limited from Minda Capital Limited.
- Aureus Analytics in connection with drafting, amending and finalizing their restated articles of association consequent to an investment transaction.
- Master Marine Services Private Limited and Prudential Global Logistics Private Limited in connection with its shareholders’ agreement with Express Global Logistics Private Limited to determine the rights of the shareholders in Master Voss International Projects Private Limited, a privately-held Indian company.
- Wacoal Corporation on its single brand retail joint venture in India with Periwinkle Fashions Private Limited.