Supporting a Spanish Renewable Energy Company’s Entry into India

The Challenge

When Ingemetal Energías, a Spanish company specialising in solar power and renewable energy solutions, won a major solar project in Rajasthan, the opportunity was clear—and the pressure was real.

They had the technical expertise and the ability to deliver. What they didn’t have was any operational footprint or prior experience in India.

To keep the project on track, they needed to set up an Indian company, secure the right approvals and licenses, and put the operational framework in place to produce and supply solar structures on site. All of this had to happen quickly, correctly, and without distracting their team from the core work of executing the project.

That was the challenge they brought to us.

How We Supported Them

Ingemetal partnered with 3S Business Advisors (3SBA) to handle their India market entry and build the full business and operational foundation they needed.

We took care of the entire process end-to-end, covering:

• Company incorporation
• Foreign investment consultancy and approvals
• Representative services
• Import licenses and incentive advisory
• External Commercial Borrowings (ECB) advisory
• Taxation consultancy
• Regulatory and compliance support
• Ongoing business setup assistance

By bringing everything under one coordinated team, we helped Ingemetal move through India’s regulatory landscape smoothly while staying focused on delivering their project.

The Outcome

Within about six months, Ingemetal had its Indian operations fully set up and running.

They went on to complete the solar project in Rajasthan—helping supply clean energy that reaches approximately 10,000 homes.

What mattered most was that they could establish a solid, compliant presence in India without getting bogged down in the administrative and regulatory details. That freed their team to do what they do best: deliver the project.

Client Perspective

The Ingemetal team appreciated the straightforward, responsive way of working throughout the engagement.

Mr. Joaquín Gracia, Director of Operations, and Mr. Javier Mateo, International Project Manager, highlighted the support they received from the 3SBA team in getting their operations established in India.

Key Takeaways

Why This Story Matters

Entering a new market is rarely just about registering a company. It means understanding regulations, investment rules, taxation, licenses, local ways of working, and the practical realities of operating on the ground.

Ingemetal’s journey shows how working with a single, experienced India-based partner can simplify the entire process—so international companies can focus on their project rather than the paperwork.

At 3S Business Advisors, we walk alongside international companies through every stage of their India journey: from first steps into the market and company incorporation, through compliance, and into ongoing operational support.