Industry Experts

India is the 2nd largest textile manufacturer in the world and one of the few countries that are capable of completing the whole process of production, from the yarn to the final product, ready for the market. Earliest to come into existence, it accounts for 14% of the total industrial production and contributes to nearly 30% of the total export. This sector makes up around 2.3% of the GDP and is the biggest employer with around 45 million workers, according to the reports from FDI India. Recognized as one of the best sourcing destinations for garments and textiles, the Indian textile industry’s greatest strengths are a strong production base of a wide range of fibres and yarns, an abundance of raw materials, availability of skilled manpower, competitive manufacturing costs etc.   What Union Budget 2022-23 has in the store for this sector? The Indian textile industry is one of the most important pillars of the Indian economy in terms of output, foreign exchange earnings and...

 We at Industry Experts connect you with leading leather goods manufacturer in India and help you Source a wide range of leather products, and accessories, Include jackets, belts, shoes, wallets etc.

 Genomics, the study of genes, is considered to be the most transformative technology of the 21st century. Genomics has scientifically proven abilities in the prevention, management and treatment of diseases and has emerged as a useful and effective way to diagnose serious diseases like cancer, ancestry genetic diseases, etc., For example, genome sequencing helps in detecting the cancer in its early stage and helps the clinicians to provide proper oncology treatments for patients. COVID-19 has positively impacted the genomics market as the researchers have gained a better understanding of the coronavirus because of the innovative genome technologies with senior scientists and researchers confirming that genome sequencing has revealed that the omicron variant shows a lot of mutation in its spike protein, unlike the delta variant.   Advanced genomics techniques have made the process of sequencing a lot easier and today, a human genome can be sequenced within 24 hours and consu...

  Business to business or  B2B manufacturing sourcing  is the process of vetting, selecting and managing relevant suppliers who can provide the products a company needs to run their business. In simple words, it refers to companies that manufacture goods for other businesses. For example, a company manufactures leather goods and chooses the b2b route, they will need to find a retailer or wholesaler who can buy their leather goods. The company will sell in bulk for a discounted price to another party who will then sell those leather goods to their customers. B2B manufacturing sourcing in India has helped the Indian industries in expanding their global marketplace and gain target audience attention by adopting various B2B industrial manufacturing strategies. B2B manufacturers make it easy to meet the demand of customers to get the best quality product at the lowest price. For example, Samsung is Apple’s largest supplier in the production of the iPhone. Apple also holds B2...

The manufacturing sector of India is re-emerging as the backbone of the Indian economy with the recent budget giving a renewed thrust to Manufacturing through Atmanirbhar Bharat .  India has for many years been a favorable choice for most foreign companies due to its cheap labor costs, huge domestic market besides attractive government incentives. Major companies have considered shifting their manufacturing base in India due to the favorable and growing market demand and extensive support from manufacturing consultants in India . Among the countries in the world that are likely to make more progress in the manufacturing sector, India is at forefront of the race and most certainly offers a cost-effective manufacturing base compared to other countries.   India is the world’s 6th largest economy with a GDP of USD 2.3 trillion and has the potential to reach USD 8.4 trillion by the end of 2030. The manufacturing sector in India currently accounts for nearly 17% of India’s GDP...

  Offshoring , the process of transferring some of the business operations to a different country where the labor charges are lower in comparison to other countries or the business’s own geographical location, is considered as a deliberate necessity for cost advantage. The increasing demand for offshoring to India has made it the essential offshoring destination in the world offering benefits like cost savings, long term success, ownership, scalability, favorable government policies, quality service providers, young and qualified technical professionals, flexible pricing options for business hours, technological infrastructure and capabilities, attractive IT strategies and unique time zone advantage making it easy to provide 24/7 services.   According to the reports of the National Association of Software and Services Companies, the ICT (Information and Communications Technology) market in India with more than 4.4 million digital workers represents $194 billion which is nea...