Industrial manufacturing is a major growth sector for the Indian economy with diverse companies.
Industrial leaders in India are looking at digitalising their vertical and horizontal value chains from product development and purchasing to manufacturing, logistics and services.
Apart from investing in new product development, manufacturers are moving to product + service offering from earlier product only.
Our services in this sector data analytics, corporate and international taxation services, assurance and indirect taxation.
Some of our reputed work assignments with the details of value addition done by us are as under:
|Client Background||Nature of services rendered||Value Addition by VKC||Location at which client is based at|
|A plywood company with new modern plant in Rudrapur, Uttarakhand and enjoys advantages such as highly modernized machinery, expansive infrastructure and proximity to raw materials. The company is ISO 9001:2000 certified and is well reputed in the industry for its efficency. With the installed production capacity 82.50 lacs square meters, annual turnover of the company is over INR 70 crores.||Internal audit||
Assistance in identifying pain points in the current workflow and analyzing people, processes and technology across the company to recommend effective solutions for process improvement and smooth operations.
Our team also assisted the team with Functional Requirement Document to identify requirements and controls that the ERP must offer. The support continued in implementation of ERP and smooth business transition minimizing distruption in day to day business operations.
The reports generated from the ERP software were debugged to correct errors and ommissions that were identified on audit review. Also, MIS reports, manually prepared, were redefined for better understanding and quick analysis of the operations.
|Pantnagar, Uttarakhand Satna, Madhya Pradesh|
|The Company is engaged in the manufacture of high-tech sports equipment viz. sensors, radars, membership kits and provides independent software testing services and caters to demand of software testing specializing in the field of sports industry. It has developed a completely ground-breaking, motion tracking technology which enables real-time player analysis and interactive sports game products that combine all the best elements of bowling machines, motion tracking, video analysis and web technology in one system. The company has customers in various countries and has extensive experience in delivering to high-profile international installations.||FEMA Advisory, Assurance, Advisory, Direct and Indirect Tax Advisory, Compliance and Representation Services.||We have provided advisory services on Foreign Exchange Management Act (FEMA) matters impacting the company from inbound investment into India in the form of form of Foreign Direct Investment (FDI) including Valuation of Equity, Compounding under FEMA, Assistance and guidance on remittance of funds in India and Advisory in relation to Export and Import regulations under FEMA. We have assisting the company in three stage reporting and obtaining various approvals under the said Act from the RBI and providing assistance in complying with requirement prescribed by the RBI.||Dehradun, Uttarakhand|