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Showing posts from June, 2022

Contract Manufacturing in India | Contract Manufacturers in India

  India has a vast B2B sourcing base that is home to contract manufacturing in India that are at par with global manufacturing companies and at a substantial reduction compared to global costs.

B2B Manufacturer sourcing | Contract Manufacturers in India | Industry Experts

  Industry Experts is a full service B2B Manufacturer Sourcing Platform helping you find, connect with and manage leading contract manufacturers and service providers in India.

Leather Product Manufacturers, Custom Leather Good Manufacturer

The growing number of custom apparel manufacturers . Customized garments have become a notable fashion as well as corporate identity statement in India. Catchy captions, personalized photographs, company logos, and more on t-shirts, caps, etc. are capturing the imagination of young India.

Apparel Manufactures- Weaving A World Of Style And Glamour

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The Indian apparel industry is built on a robust historical foundation that dates back to the Harappan civilization, nearly 4000 years back. There are early traces of exports through the silk route via China to western countries.  Riding on a rich heritage of cotton textile manufacturing and exporting, the industry saw a booming period after the first textile mill was founded in Calcutta in 1818. However, major industrial growth took place in Bombay and Ahmedabad from 1850 onwards.  Cut to the modern era, the industry proudly employs 4.5 crore workers, out of which over 35 lakhs are engaged in the handloom industry. The textile and apparel industry in India was valued at approximately $103 billion as of 2020-21 and is expected to cross the $190 billion mark by 2025.  Factors Contributing To The Growth Of The Indian Textile Juggernaut ● An abundance of raw materials: India is the largest producer of cotton and jute in the world. There’s also massive production of synthetic fibre that

Leather Goods- Functional And Fashionable

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Leather goods and accessories have been a fashion statement for many years for both men and women. They are also functional and durable, thus a preferred choice for smart professionals as well.  A Brief History of the Leather Industry in India  This may come as a major surprise to the young, well-to-do, style-conscious generation who are fond of leather items. The use of leather in India can be traced back to 3000 BC. The Rig Veda mentions ‘Mashaks’ or sacks that were commonly used along with straps, bands, bags, and sails of ships.  Post World War II, the leather industry in India witnessed massive growth. From 25 large leather goods manufacturers in 1913-14, the industry grew to 114 units employing over 26000 workers in 1941.  Today, India accounts for around 13% of the global production of leather hide. India reportedly exported more than $470 million worth of leather and leather products. The yearly growth from the previous year is around 32%.  Most Profitable Leather Products ●

Offshoring- A Business Process Decision That Can Transform Your Business Profitability The advent of globalisation has witnessed a paradigm shift in several facets of businesses worldwide. On one hand, it has increased competition among corporations that has a global presence, on the other hand, it has streamlined numerous business process that can be delegated to a different country. Offshore services are one of the most impactful outcomes of globalization. What is offshoring? In layman’s terms, offshoring refers to transferring a particular function of your business to a foreign country. Typically, this is done to take advantage of low-cost labour or cheaper or better quality or abundance in availability of raw materials in developing countries, thus reducing the overall production cost. Both, the primary business owners and the end-users benefit from this arrangement as companies are able to market the goods at economical or better prices. One of the finest examples of offshoring is the IT sector with India emerging as the numero uno market for Business Process Outsourcing (BPO). What is the role of an offshore service provider? A trustworthy offshore company should have the following attributes: ● Should clearly align with your business goals ● Should be able to provide a detailed project plan with tasks broken into manageable timelines ● Should provide periodic updates and suggest action plans ● Should be flexible enough to accommodate logical changes as per clients’ needs ● Should maintain complete transparency with the parent company ● Should have the required expertise in your business domain ● Should maintain deadlines as committed and invoice for periodic completion of work ● Should keep all the stakeholders connected and informed about their respective roles in the entire process India’s popularity as an offshore destination The key factors behind India’s growing popularity as an offshoring country can be summarised through the following points: ● Cost reduction: A cheaper economy, low-labour cost, currency difference, etc all contribute to bringing down the total cost of production. ● Availability of skilled labour - consequent to a large and young population, increased education, and healthcare facilities have all resulted in a skilled and healthy workforce capable of working for extended hours. ● Adoption and adaptation of modern technology: India is fast emerging as a tech-savvy nation open to adopting new technologies across a wide spectrum. ● Encouraging government policies: The government of India encourages exports and has introduced favourable policies for offshoring. ● Faster turn-around time: Professional management of a vast talent pool ensures super-fast time-to-market. Offshore company services will include the entire gamut of the business process that’s been offshored. This includes, but is not limited to, catering to the manufacturing needs, approvals & licenses, financing requirements, and monitoring end product/ service delivery. Industry Experts (www.industryexperts.co.in) has the necessary resources to act as a one-stop-shop for your offshoring requirements.

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  The advent of globalisation has witnessed a paradigm shift in several facets of businesses worldwide. On one hand, it has increased competition among corporations that has a global presence, on the other hand, it has streamlined numerous business process that can be delegated to a different country. Offshore services are one of the most impactful outcomes of globalization. What is offshoring? In layman’s terms, offshoring refers to transferring a particular function of your business to a foreign country. Typically, this is done to take advantage of low-cost labour or cheaper or better quality or abundance in availability of raw materials in developing countries, thus reducing the overall production cost. Both, the primary business owners and the end-users benefit from this arrangement as companies are able to market the goods at economical or better prices. One of the finest examples of offshoring is the IT sector with India emerging as the numero uno market for Business Pro

Sourcing Consultants- The Guide to All Your Sourcing Needs

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The days are gone when you sold your own produce at a profit or traded finished products for mutual benefits. Modern business practices have given birth to a new phenomenon called ‘Sourcing’.  Sourcing, in a nutshell, is the process of identifying suitable manufacturers in one’s own country or from a foreign country, finalizing terms with them, and getting the goods delivered as per the agreed terms & conditions. To facilitate this entire process, a group of individuals or organizations, known as sourcing consultants , have cropped up who specialize in negotiating the best buyer-supplier deal for a consultation fee or a fixed remuneration.  A Sourcing Consultant helps in ● Identifying suitable manufacturers/ suppliers based on the buyers’ needs. ● Maintaining healthy relationships with new & existing suppliers. ● Getting quotes from multiple suppliers before finalizing. ● Obtaining the best deal in terms of price, quality, and delivery schedule. ● Getting the legal fo

India – An attractive manufacturing and sourcing destination

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India has emerged as an attractive manufacturing sourcing destination in the past couple of years and has a lot to offer as the world’s fast-growing economy. The manufacturing sector in India is fast developing into an investment hub for many foreign players who have already shifted their sourcing to India and are benefitting from the same. But, before proceeding to more details, it is important to understand what manufacturing sourcing is and what a manufacturing sourcing company do. Manufacturing Sourcing – It refers to the concept of searching for a supplier that would help the client company in meeting its objective in terms of cost, quality and deadlines as well as performance. The sourcing consultant from a manufacturing sourcing company helps the client on both professional and personal levels which further helps in making the production stage much smoother. The primary advantage of the services provided by the consultant includes cost savings and improved efficiency. Some mor