Sourcing Knowledge Center

Sourcing Knowledge Center / Smart Sourcing / India - An emerging sourcing destination

India - An emerging sourcing destination

Posted: August 13, 2021

Share:

by Stef Calimlim (Content Editor)

Photo from Unsplash.com

Asia's rising sourcing hot spot

Steadily growing as a main global economic hub and the preferred sourcing destination among international buyers, India offers the best value-for-money solutions you won’t find anywhere else.

Situated in a region of unprecedented potential for growth in transoceanic commerce, the country is considered as one of the world’s fastest-growing economy, with a growth rate predicted to reach 10.1% in 2022.

As an emerging economic powerhouse for the various markets such as handicrafts, textiles, agricultural goods, packaging and leather, here’s what makes India one of today’s most sought-after sourcing hub.

Photo from Unsplash.com

The perfect sourcing partner

Unique but modern, with a rich cultural heritage
The kaleidoscopic culture makes it a melting pot of creative talents who bring a variety of unique and innovative industry solutions.

Buyer-oriented & accommodating suppliers
Hospitality and respect are embedded in India’s culture. These characteristics carry over in the workplace, with suppliers being as accommodating as they can, even if it means doing extra work upfront.

Globally competitive workforce
With English as the country’s second official language, communication barriers will not be an issue. India is also well-positioned to provide highly skilled workforce adept in industry trends and technologies.

Photo from Unsplash.com

India Sourcing 101

Different cultures influence businesses in different ways. Here are industry insider tips to help you easily navigate India’s diverse sourcing landscape and successfully work with Indian suppliers.

Buy samples before placing an order
Consistency of product quality and features is crucial to keep a competitive edge in the market. Always buy not just one, but at least 50 samples before ordering to ensure each order is worth the investment.

Be on the lookout for suppliers who overcommit
Spend time on research, and ask as many detailed questions as possible, especially when suppliers say that all is possible. Ask how they can fulfill specific buyer requirements and provide alternative options in unforeseen circumstances.

Recommended Products

Discover a unique selection of high-growth products from India verified suppliers.

 

Aluminum sculpture

Binny Exports

 


Copper sauna bucket

Mayur Exports

 

 


Icosahedron metal vase

Malac Import Export Pvt. Ltd

 

 


Wooden gift box

Metier Lifestyle Products Pvt. Ltd

 

 


 

Natural horn soap dispenser

Dream Crafts

 

 


Handmade wooden mug

Royal Artisans

 

 


 

Discover more products from India

Source the latest products from verified suppliers via Global Sources online, and subscribe to our magazines for more in-depth insights and product discovery.

Share:

Join the Smart China Sourcing Facebook Group

  • Connect with other buyers
  • Ask questions
  • Get advice from experts

Join Group