As a nation India has been developing in all sectors and has prepared a lucrative ground for the foreign brands to enter. We help you to understand the Indian and market so that you now what are the things that you must prepare for. India, in terms of purchasing power parity has been placed third right after USA and China. Indian people are open to foreign goods and with raising purchasing power they are ready to invest goods that serve the utility.
With the industries expanding there is a high demand for American and European goods. In order take such decisions you definitely will require a report or services that can help you get a heads up on the present scenario in India.
Sourcing and procurements has become a much followed activity and many of the business are relying on the process of procurements and sourcing from countries that can provide supply at a low cost.
Here, India is one of the leading names and has been a good source of imports to many of the Western countries and to United States of America. India has left behind, in terms of Manufacturing Competitiveness, Mexico, Taiwan, Brazil and Thailand. This report was confirmed by UN Industrial Development Organization.
We are here to help you out in strategic sourcing.
What is strategic sourcing?
Strategic sourcing could be defined as a streamlined process whereby you find and select suppliers. The process makes sure that you find the best suppliers that will help in creating new opportunities reduce cost and deliver supplies in technologically advanced way with effective time management.