What are the payment terms for sourcing from India?
Payment terms for sourcing from India can vary depending on the specific transaction, but there are some general guidelines that apply. Cash in advance (CIA): This is the riskiest payment…
What are the labor laws and regulations in India?
India's labor laws and regulations are designed to protect the rights and interests of workers while also promoting economic development. The laws cover a wide range of topics, including wages,…
What are the import tariffs and duties for products sourced from India?
Import tariffs and duties for products sourced from India vary depending on the specific product and its Harmonized System (HS) code. However, in general, the average applied tariff rate for…
How can I negotiate with Indian suppliers?
Negotiating with Indian suppliers effectively requires a combination of cultural understanding, thorough preparation, and strategic negotiation tactics. Here's a comprehensive guide to help you achieve successful negotiations: Understand Indian Cultural…
What are the challenges of sourcing from India?
Sourcing from India can be a cost-effective and efficient way to obtain goods, but it is important to be aware of the potential challenges involved. Here are some of the…