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There are several reasons why you might consider GLOBSI as your global sourcing Partner in Asia, few are listed below.
GLOBSI with their expertise help customers (global buyers) to bring their TCO (total cost of ownership) down significantly in sustainable way. The savings may vary project to project but generally are always in double digit, landed at your factory basis.
With deep understanding and expertise of procurement process & systems and Asian market, we ensure that requirements & specifications are well understood by suppliers and are met in toto throughout the supply contract.
At GLOBSI we understand the importance of YOY productivity improvement plan while finalising commercial contract with the suppliers, our customers (global buyers) can be sure of this to be part of final agreement based on productivity improvement and volume growth on yoy basis.
We engage with our customers (global buyers) since the beginning to ensure that their requirements are fully understood by us as well as by Suppliers & learning curve gets mature to the next level after each project. Reliable, Agile and Responsible sourcing is our key focus areas so that our customers continue to strengthen their position and remain ahead of the curve.
Ready to enhance your global sourcing capabilities?
Statistics and Information
India is the second most populous country in the world, with over 1.3 billion people, providing a vast labor pool and consumer market.
India is one of the fastest-growing major economies, with a GDP growth rate of 7.5% in 2021.
India offers significant cost advantages, with average manufacturing labor costs being lower compared to many other countries.
India has the world’s second-largest English-speaking population, ensuring smooth communication and collaboration with international businesses.
India produces over 3 million graduates and 500,000 engineers annually, providing access to a skilled talent pool across various domains.
India is a leading global hub for IT services, software development, and research, with a thriving startup ecosystem fostering innovation and technological advancements.
India has established expertise in sectors such as IT and software services, pharmaceuticals, textiles, automotive, engineering goods, and more.
The Indian government has launched initiatives such as “Make in India” and “Digital India” to promote manufacturing, infrastructure development, and ease of doing business.
Many Indian suppliers are certified with globally recognized quality management systems such as ISO, ensuring adherence to high-quality standards.
India has been investing heavily in infrastructure development, including roads, ports, airports, and logistics, enhancing supply chain efficiency.
India has a robust legal framework and Intellectual Property Rights (IPR) protection to safeguard the interests of businesses operating in the country.
Ready to enhance your global sourcing capabilities?
