Labor Resources
Indian work forces are skilled and aware of the prevailing technologies. When it comes to production, companies want good-quality materials at minimal prices. With the enhanced skill set of Indian workers, it is increasingly becoming possible. It will not be wrong to say that India is giving an added dimension to the Asia sourcing activities of organizations. According to a survey, around 350 million people in India speak English, which is one of the great benefits for businesses to communicate without any language barrier.
Raw Material Control
Basically Indian factories are very strict in testing, retesting, and certifying the raw materials. They do not compromise with quality standards especially they supply to the overseas market. A large variety of metals are found in Indian market. Henceforth, if an organization from a country wants to manufacture metallic goods, its target should be India. Companies can also take help from procurement agencies in this case.
Labor Cost Advantage
The labor cost in India is much lower as compared to other outsourcing locations, but that doesn’t mean the quality of work is poor. It is very low when compared to China. This helps companies to get access to huge talent-pool at lower costs.
Quality Equipment
Most of the Indian companies and entrepreneurs are more likely to deploy Japanese German machinery. This is another benefit of conducting manufacturing operations in India. More over all the inspection equipment used is a familiar brand from Japan. Advance measuring systems like CMM and 3D scanning, laser testing and any form of advanced inspection is readily available with most of the manufactures, companies can rely upon cutting-edge measurement tools and machines. In this way, they can manufacture better quality products at minimal prices.
Rich Cultural Heritage
India has a rich cultural heritage, unlike most other countries. This aspect plays a significant role in the India sourcing activities of organizations. Look at the Indian History India was not an industrial center. Over time, decentralized manufacturing made India a lead innovator and manufacturer. In recent times, India is a promising industrial hub for marketers. The favorable economic policies of the Indian government also played a great role in this regard.