A joint venture is a joint venture that is founded and operated by, for example, a German partner together with an Indian partner. Small and medium-sized companies are still afraid to go it alone in India and usually use the following arguments:
too little market know-how
Risk sharing or joint financing of the company
I don't have to start from scratch.
Supposedly brilliant contact – the “Super Indian” as a business partner
Many Indian entrepreneurs are quick to propose a joint venture. Unfortunately, this also applies to those who may just want your money or technology without having to do much work themselves.
Read how to check the seriousness and quality of a potential joint venture partner and what the key success criteria are for starting a joint venture in India here.