India has emerged as a premier destination for product sourcing and companies worldwide are choosing to import from India. Fueled by the remarkable transformation and growth, with the advantage of skilled workers, improving infrastructure, cultural compatibility and a favorable regulatory environment – the country has helped make sourcing simpler and cheaper for companies across the world. . For companies looking to diversify their low cost country sources of supply, India seems to be an obvious choice. India presents to the world a profile of an emerging giant. As the seventh largest country in area and second most populous country in the world, the country’s sheer size (with low labor costs), economic weight, stable political system explains the level of attention from potential investors and corporate buyers.India’s vast manufacturing base includes chemical and pharmaceutical products; textile, leather and clothing; machine tools, electrical equipment and agriculture. With the second largest railway network in the world and a vast coastline with established sea ports, the country is turning into a top destination for low cost, high value goods and services.
