In the Corporate Business Management world, on the entrepreneurship journey, the road to success and the road to failure bifurcates at the juncture where stands VIHANG ADCON PVT LTD–a globally integrated Management Consultancy and Legal Advisory firm, rendering one-stop, end-to-end solutions to SME, MSMEs and Large Corporate entities.
As a business facilitator, VIHANG is all about Ease Of Doing Business.in™. by now, you might have guessed precisely that VIHANG stands facing the road to success, as it helps businesses from concept to certainty in establishing them by becoming a partner in their growth.
VIHANG ADCON’s Business Development department is led adeptly by Dhaval Soni – Associate Director – Business Development, who is a strong business development professional with a Master’s Degree in Business Administration (MBA) from a reputed UK University and has an extensive work experience of more than 15 years in Oil and Gas Industry and Greenfield – Brownfield Project Management Services.
He has acquired skills in Government Liasoning, Regulatory Compliances, Strategic Planning, Business Development, and Legal Support Services. He advises on Legal and Statutory Compliances, Greenfield and Brownfield Project Compliances; Business Location Advisory and Government Subsidies; and M&A Compliance for Manufacturing Units.
The Global Business Facilitator
Presently for setting up manufacturing/industrial units, organizations need to hire at least a dozen consultants to ensure compliances of various Statutes / Licenses and many statutory obligations. Dhaval shares, “VIHANG being a one-stop solution for statutory compliances under one roof, ventured into legal compliances for them. That is why VIHANG’S mission is to work towards total client satisfaction; while being a one-stop destination and service provider in the domain of statutory compliance.”
Being a global management consultancy and legal advisory firm, VIHANG undertakes Business Location advisory services, specially for site selection with Political, Economic, Social, Logistical and Technological analysis to assess the location for setting up the proposed manufacturing unit. Dhaval states, “VIHANG’S priority is to provide one-stop end-to-end statutory and regulatory compliance solutions to all greenfield and brownfield projects for their Industrial Land requirement, factory setup, Compliances and Govt. Incentives and Subsidies.”
The Perfect Enterprise Guide
VIHANG has expertise in rendering specialized services in the areas of (Factory) industry set-up, Project Management, Finance, HR, Legal Advisory and Statutory Compliance. “We have a dedicated team of professionals with a proven track record in respective verticals across India,” says Dhaval.
VIHANG has advised many Organizations from Start-ups to Fortune 500 Companies adding to their growth story, spreading across, Manufacturing, Service, Retail and Commercial. “Our consultancy services have become testimony across all organizations by enabling them with the enhanced efficiency and avenue of growth,” mentions Dhaval.
Ultimate Solutions Proliferator
VIHANG ADCON’s plethora of services include,
Industrial Land Purchase: End-to-end service and Support for Industrial land purchase/Lease Land Identification for Factory/Plant Set-up, Exclusive Land Bank Resources, Exclusive tie-up with Govt. Industrial Estate, Industrial Park, SEZs, Logistics Park and Warehouse solutions. “VIHANG has a proven track record in Industrial land purchase processes,” informs Dhaval.
Due Diligence and Title Clearance: Search and Precise document verification, Land Title Clearance, MOUs/Sale Deed Execution and Registry processes Title Insurance.
Land CLU/NA Services: Conversion of land for non-agricultural use, Bonafide industrial use permission, Conversion of land from new tenure to old tenure, Requisite permission from Talati/Tehsildar/Revenue Authorities, and Various land revenue permissions from the concerned authorities.
Factory Set-Up and Labour Law Compliance: Factory License, Contract Labour License, BOCW Registration, ESIC Bonus, Gratuity, Minimum Wages, Workmen`s Compensation, and Employee`s Provident Fund.
Statutory Approvals and Compliance: Building Plan Approval, Road and Building Dept. approval, Fire NOC CCOE/PESO NOC, Explosives Storage License, Temporary/Permanent Power – connection, and Registration.
Government Subsidy and Incentive: Central and State subsidies and Incentives, Sector specific incentives, and Infrastructure and Logistics Park incentives.
Environment Permissions and Government Liaison: SPCB/MOEF/CPCB Compliance, CTE/CTO/EC, ETP/STP Design and Operation Forest Dept. NOC, CGWA Approval for Borewell, Local/State/Central Secretariat liaison (Tehsildar, Collector, Govt. Industrial Estate, iNDEXTb, MOEF), and Government subsidies and incentives.
Financial Services and Virtual CFO Services: Cost Accounting and Auditing, Virtual CFO Services, Insurance Consultancy, Wealth Management Consultancy, Stressed Assets Portfolio, Credit Rating Agency, Anti-Bribery, Corruption Compliance and Certification.
Funding and Valuation Services: PE Funding and Services, Business Valuation Fundraising for established units and Start-Ups.
Start-Up/MSME/SME Support Services: Project selection, Arranging Finance, and Registrations and Certification.
Elite Services: International Government Liaising, Power Plant Set-up and Consultancy, End to End Solar Power Applications, HSE consultancy, Audits and Certifications, Detailed engineering, technical know-how and Project Procurement Services Industrial Health Check-up.
And stating VIHANG’s many USPs, Dhaval says, “VIHANG has,
- Expertise in providing complete legal and compliance solutions under one roof,
- Excellent Understanding and relationships with Government Authorities,
- Optimized knowledge base and most economical solutions,
- Providing market and business intelligence,
- Approach and Accessibility, and
- Total protection of clients’ interest.”
Migrating the Storms
When probed about the initial challenges VIHANG has faced while entering this niche, Dhaval says that even the current scenario is like Organizations having to approach multiple agencies to get all the services earlier listed. “While our concept is very novice for the industries to get all services under one roof.” Therefore, initially, there was hesitancy and resistance from the Organizations. However, soon they realized their savings in Time, Cost and efficiency. And Business houses began appreciating VIHANG’S concept.
The Constant Tech-Upgrade
Speaking about the technological impact on the management consultancy and legal advisory niche, Dhaval says that at VIHANG ADCON, has updated themselves with many technological upgradations from time to time and that is not only limited to work but also HR, Accounts, Operations and Administration as well, “All functions to increase the efficiency of our team and save their time also,” reveals Dhaval.
A Wise Advise
Being an experienced business facilitator, Dhaval’s advice to the young generation of budding entrepreneurial aspirants is to think big and think different. “As we have created our own space into the market by doing something different and one has to do it passionately and understand the problem statement of client and give them solutions,” he specifies.
Rising on the Global Horizon
When asked where he envisions VIHANG ADCON to be in the long run and their future goals, Dhaval conveys, “Our goal is to expand our footprints from Domestic to Global. We have created a strong presence and goodwill for ourselves in the industrial circle and embody professionalism and ethics.”
He further expresses that globally, we wish to guide entrepreneurs in being ready for change, responding to it and exploiting it as an opportunity. On similar lines, Dhaval concludes, “Our vision is to make VIHANG ADCON a $10 million entity by the end of 2023, with an aim to serve global clientele 24×7.”