contract manufacturing by indian companies in international business
Contract manufacturing by Indian companies in international business is a common practice where a company in one country (the client or brand owner) outsources the production of its products to a manufacturing company in India. This arrangement allows the client to focus on other aspects of their business, such as marketing, distribution, and sales, while leveraging the manufacturing capabilities and cost advantages of Indian companies. Here’s how contract manufacturing in India for international businesses typically works: 1. Cost-Effectiveness: One of the primary reasons international companies choose contract manufacturing in India is the cost advantage. India offers competitive labor costs and …
