India Procurement Challenges Unlocking Global Sourcing
As global trade dynamics evolve, global sourcing and procurement from India present both incredible opportunities and unique challenges for businesses. Rising costs, inflation, and changing tariffs compel companies to explore cost-effective supply chain alternatives. India has emerged as a compelling sourcing destination due to its low labour costs, diverse industries, and improving manufacturing capabilities. However, for businesses considering offshoring their supply chain to India, several hurdles must be addressed to unlock the full potential of global sourcing. …
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