Project Management support for winding-down India Operations

The Group was globally acquired by a major US based Private Equity firm including its India operations. As the major chunk of the business carried out in India was a non-core and non-profitable business, the Private Equity firm decided to winddown the Indian operations. Nexdigm was approached to support in managing the wind-down of the Indian operations and enable a smooth downsizing of operations prior to regulatory liquidation while providing full visibility to the global team.

The Nexdigm approach was based on the four pillars of project management - Time, Cost, Quality, and Risk. The objective of the assignment was to assess the existing situation and build a roadmap of critical activities for winding-down operations. A dedicated project team was deployed onsite during the initial phase of the project.

The Nexdigm team provided a transparent, unbiased, and thorough view of the business position to the management team, which helped them understand the risks, exposure, current business positions, etc. to prepare a comprehensive action plan and supported in executing the same to aid the winding-down process.