Indian advanced manufacturing firm opens office in Henrico County

Future Foundation, an advanced manufacturing software company based in Delhi, India, has opened a sales office in Henrico County. The sales and service center will service the U.S., Canada and South American markets.

Future Foundation designs, manufactures, and services precision rubber and polymer quality control instrumentation, as well as data acquisition and analysis systems. The 30-year-old company, whose clients include Bosch and the U.S. Army, plans to sell its advance analytical testing equipment and manufacturing software in the U.S. market.

GRP was contacted in November 2018 through its relationship with SelectUSA, part of the U.S. Department of Commerce’s International Trade Administration. Future Foundation required guidance from the ground up on regulations, government compliance and tax structure. The company also considered West Coast options; however, Future Foundation's Abeer Singhal, partner/technology officer, had a previous positive experience as a former resident of the Richmond Region. GRP and Henrico County Economic Development Authority facilitated meetings with local consultants during Singhal’s December 2018 visit, and he signed a lease at GatherRVA in Glen Allen a few months later.

“There’s no better compliment," said GRP President and CEO Lara L. Fritts, CEcD, "than to see a former resident decide to return to Greater Richmond when they could have chosen anywhere in the nation for its first U.S. office.”