New Game Changing Venture For Indian Manufacturing Industry From Ma Foi Unveiled
Chennai-based Ma Foi Strategic Consultants Pvt. Ltd., the holding company of a fledgling group with interests in consulting, analytics and eLearning, today announced the launch of a new venture - Ma Foi Connecting Dots Advisory Pvt. Ltd. The new vent
Chennai (I-Newswire) April 17, 2013 - Chennai-based Ma Foi Strategic Consultants Pvt. Ltd., the holding company of a fledgling group with interests in consulting, analytics and eLearning, today announced the launch of a new venture - Ma Foi Connecting Dots Advisory Pvt. Ltd. The new venture has been floated in partnership with four industry veterans - V. Sunder, Ravindra Signhvi, Pradeep Chennamale & Satheesh Kumar. Ma Foi Connecting Dots, a first of its kind venture in India, 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. The delivery model includes application of cutting edge technology & rich industry experience. It also saw the announcement of the strategic partnership with Kaar Technologies India Pvt Ltd, a holistic cloud-based supply chain management portal and Levergent Technology India Pvt Ltd, an enterprise manufacturing intelligence solution.
Setting the context for the new venture and its importance for the group, K Pandiarajan, Founder & Chairman, Ma Foi Strategy Consultants Pvt. Ltd. said, "The new venture is at the heart of what we intended to achieve in our second phase entrepreneurial journey. Create many more successful, global Indian companies across sectors like we did in the HR space with Ma Foi over two decades. It's also a strategic fit with other focus areas of the group. The immensely experienced leadership talent we have at the helm of the new venture is simply unparalleled. 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 Pvt. Ltd, 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."
In his comments, Ravindra Singh Singhvi, Managing Director and Co-Promoter, Ma Foi Connecting Dots Advisory, Pvt. Ltd, said, "I am truly excited to be part of a venture whose objectives I have always passionately believed in. There is immense potential and value for this venture considering many Indian SMEs can be nurtured into transnational companies. The unmatched and biggest advantage of the new venture is that its core team has hands-on experience in both process and discrete manufacturing besides services. A factor that truly is of significance when it comes to the enabling role the venture intends to play."
Brief overview of the products:
ProActive OverSight is a proprietary tool developed to establish meaningful connection between action happening in the Operating space and its impact on the financial space in an objective and timely manner. It also enables proactive measures, resulting in better leveraging of performance, leading to optimal financial gain. Finally, it works on risk evaluation, including regulatory risks, mitigation strategies and monitoring of their effectiveness. The product includes application of Enterprise Manufacturing Intelligence solution (Ma Foi Levergent Connect) in association with Levergent Technologies.
CVMT is a unique proposition that bridges connections between the customer and suppliers, both Virtually and Physically, by establishing an extensive network of offices in the country. The CVMT network enables weekly reporting of vendor performance on a patented dashboard called QSI IndexTM. The product has an in-built SaaS delivery model (Ma Foi Kaarnet Connect) jointly deployed with Kaar Technologies. Further, "Vendor Clinics" located at all major industry hubs will enable physical monitoring of vendor performance, assisting them in capability and performance improvement and helping quick recovery from any breakdowns in the supply chain.
Aero CompetencyEnabler endeavors to enable Indian engineering industry to diversify into the fast emerging Indian aerospace & defence industry. A team of industry and domain experts who have held senior positions like being Managing Director, Executive Director and Quality Chief of HAL and other defence PSU's will assist potential companies in successfully developing aerospace-manufacturing competencies.
3600 GrowthConnect is a solution developed to address growth needs of the Indian SME's through a team of experts and partners; by offering affordable solution that brings to the sector - Access to Markets, Access to Finance, Access to Technology and Access to Expertise. This offering focuses on assisting SME's in achieving business expansion, margin improvement and manages risks to the business. It also has the unique feature of these services being delivered at their doorstep through the multiple offices that will be located across geographies.
About Ma Foi Connecting Dots: Established as part of the Ma Foi Group, Ma Foi Connecting Dots is a specialist product and services venture focusing on the Manufacturing Vertical and Supply Chain related functions. Conceptualized by industry veterans and shaped in partnership with two successful entrepreneurs who between them created one of India's largest HR firms in under two decades, Ma Foi Connecting Dots Advisory Pvt. Ltd., is a game changing venture that leverages various capabilities of the group. With over 600 man years of experience in the manufacturing industry, spread across automotive, aerospace & general engineering among others, the Ma Foi Connecting Dots team is well positioned to be address growth challenges faced by Indian SMEs.
About Ma Foi Group: Chennai-based, Ma Foi Strategic Consulting Pvt. Ltd. the holding company of the group was founded in 2012 by K Pandia Rajan and Latha Rajan, the successful entrepreneur couple behind India's biggest success story in the HR space. The group has interests in Strategic Consulting, Research & Analytics and technology-enabled learning. The group intends to repeat the tremendous success achieved in the HR industry with their previous venture with the new one as well. A key theme being enabling Indian companies to move up the value chain or scale or transform themselves into global leaders. The group currently has over 160 employees spread over 4 offices and has lined up aggressive growth plans in all its areas of interest.
About Kaar Technologies: Kaar Technologies is a specialist SAP services and solutions Company with esteemed global clientele helping companies of every size to achieve their business objectives by leveraging their deep SAP expertise, domain knowledge and IT best practices. With years of SAP experience and strong business acumen, Kaar has also developed a proprietary product, which is an extended supply chain portal that works seamlessly with SAP and other ERP systems.
About Levergent Technologies: Levergent Technologies is a provider of high end ERP consulting and development services, including IT strategic consulting services having offices in India, US and Trinidad, WI; The Company has developed a fully matured Enterprise Manufacturing Intelligence solution.
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Published On:April 17, 2013
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