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2013-04-19

Ma Foi launches new venture focusing on SMEs in manufacturing

Chennai-based Ma Foi Strategic Consultants has recently announced the launch of a new venture for small and medium enterprises (SMEs) in manufacturing sector called Ma Foi Connecting Dots Advisory Pvt. Ltd.

Chennai-based Ma Foi Strategic Consultants has recently announced the launch of a new venture for small and medium enterprises (SMEs) in manufacturing sector called Ma Foi Connecting Dots Advisory Pvt. Ltd.

According to a release issued by the company, the new venture provides holistic solutions focused on operationalising strategy, enterprise performance management, performance enhancement and transformation, manufacturing excellence, building advanced capabilities in the field of defence and aerospace and 360° growth solutions for SMEs.

K Pandiarajan, Founder & Chairman, Ma Foi Strategy Consultants said, "The new venture is at the heart of what we intended to achieve in our second phase of entrepreneurial journey to create many more successful, global Indian companies across sectors like we did in the HR space with Ma Foi over two decades. Ma Foi Connecting Dots is and will be central to the group's growth plans."

Explaining the focus and rationale behind the new venture, V Sunder, Managing Director & CEO, Ma Foi Connecting Dots Advisory said," The depth and quality of advisory available to the Indian manufacturing industry leaves a lot to be desired, impacting not just the entrepreneurs at the helm who don't scale up but the larger economy as well. Ma Foi Connecting Dots is a first of its kind venture focused at addressing this challenge with a unique model that is a mix of products and services.”

“To start with, the focus will be on aerospace, general engineering, auto components and defence verticals. We are adopting a hub and spoke model with large offices in key metros and satellite offices in remote industrial hubs to ensure that we can service our clients on a real-time basis," adds Sunder.

The new venture has been floated in partnership with four industry veterans - V Sunder, Ravindra Singhvi, Pradeep Chennamale and Satheesh Kumar.

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