Your Sourcing Agent & Consultant for India
India is an emerging market that stands out with its broad spectrum of manufacturing industries, examples include telecommunication hardware, electronic components, metal parts & assemblies as well as assemblies for aerospace & vehicle OEMs and their suppliers.
Trusted Industry Experience
Why India?
Drive Continuous Productivity Gains
Diversified industries in the country drive a robust and stable economic environment, with the Indian economy recording an average growth in the corridor of 6-7% annually for the past decade. Foreign Direct Investments are also increasingly growing toward India, and with infrastructure development projects at an accelerated pace, procurement leaders have many reasons to expect continuous productivity gains, which are the basis of forward-thinking procurement strategies.
Reduce Cost & Development Lead Times
Indian manufacturers are harnessing the country’s traditional strength in IT to create innovative, digital hardware products. The IT hardware market in India is projected to grow at a compound annual growth rate (CAGR) of 7.1% until 2029. This shift gives procurement decision makers the opportunity to source higher-value assemblies and integrated products in shorter time and on a lower cost base than what is globally available.
Leverage India’s Low Labor Costs & Large Talent Pool
India offers immediate advantages on the back of 20-50% lower labor costs, with a larger pool of educated talent compared to other major manufacturing hubs like Mexico and China. Companies can leverage this so-called ‘early mover advantage’ in the Indian market as it transitions towards becoming a global export leader. Long-term strategic advantages include sustained cost savings and early mover access to an ever-improving workforce. These advantages position businesses to remain competitive for decades, with the ability to scale efficiently as India’s export capabilities grow.
Your Success To Establish and Maintain a Valuable Supplier Network in India is Our Goal
With our presence in India, we eliminate layers of middlemen such as importers and wholesalers and create direct market access for our clients. As an agent for sourcing in India, we offer local knowledge regarding the economically most important states and a proven network of local suppliers. We Will develop the strategy, implement it and continue to monitor and develop the suppliers on behalf of our client, securing a lasting, successful market entry.
✔️ Local Know-how & Direct Market Access
✔️ Reliable & Proven Supplier Network
✔️ End-to-End-Support
Why Procurement Decision Makers Target India
Sourcing from India offers a lot of benefits if you adopt the correct strategy to identify top suppliers. India has high cost efficiency owing to its quality products at competitive prices. In addition, volume flexibility allows you to obtain competitive price quotes for both high and low order volumes. Diversity in industries with deep integration from ground upward assures high local content, adding value and strength to your supply chain. By leveraging our expertise, you can lock in the best suppliers and achieve strategic cost savings that set your business up for success.
✔️ High Cost Efficiency
✔️ Flexibility in Order Size
✔️ High Local Content
Your Benefits of Working with GetAhead Asia
At GetAhead Asia, we go further than just being an agency or even business matchmaker, drawing on vast industry experience in delivering a project in its entirety and ensuring ongoing support at supplier factories in India. We place ourselves as your strategic partner to tap the Indian procurement market and diversify your supplier base at the right time.
Pre-market checks confirm that you always start off with a validated savings strategy. With permanent local presence, we will make sure that your strategic sourcing is also translated into quality outcomes and long-term strategic savings.
✔️ Project Start with a Validated Savings Strategy
✔️ Implement De-Risking
✔️ Permanent Local Presence
✔️ Assure Quality Project Results
4 Easy Steps to Achieve Sourcing Success in India
Step 1:
Identify the Prices of Your Current Supplier vs. Indian Suppliers
Step 2:
Develop Your Procurement Strategy and Logistics Plan
Step 3:
Execute Professional Project Implementation & Supplier Verification in India
Step 4:
Ensure Continuous Support & Development of Your Supplier Network in India
Your Trusted Partner for Quality and Cost-Effective Product Sourcing in India
Our team’s unique industry experience and deep understanding of the Indian market, as it continues to evolve, make us the ideal partner to transform your procurement into a continuous profit driver, improving your EBITDA year after year.
Ready to Start Your Procurement Project in India?
Frequently Asked Questions about Sourcing in India
Southeast Asia and India are emerging manufacturing hubs for a wide range of goods, offering lower production costs compared to East Asia. Examples include electronics, appliances, the vehicle industry, and automotive powertrain components. Additionally, they serve traditionally labor-intensive industries such as textiles and complex assemblies.
For electronics, chips and labor-intensive assembly, sourcing in Asia is still important an important task for most manufacturing businesses. Contract manufacturers in Asia have grown over decades and pool production volumes for their clients which enables them to offer crucial cost savings.
As a consulting company, GetAhead does not act as an intermediary in trade. We ideate solutions and help to accelerate their implementation in the field.
We are a consulting company and do not participate in parts trading. The delivery contract is directly signed between our clients and the respective suppliers.
Due to our experience, close proximity to emerging Asian markets, and efficient pooling of project-related costs such as travel expenses, GetAhead’s services are not only more cost-effective but also typically much quicker than undertaking projects on one’s own.
We source our suppliers through a combination of sourcing platforms, registries, proprietary data, and personal research conducted by our regional offices in Southeast Asia, India, and Japan. The combination of these tools differs in each project and also depends on the constraints defined together with our clients and their stakeholders.
Additional information about phases of our procurement projects can be found under Our Services: https://getahead-asia.com/procurement-projects/
Our Sourcing Project typically take 3 months, including Project Kick Off, Strategy Definition, Sourcing Execution, Supplier Inspections and Contract Definition.
GetAhead calculates the total procurement project costs based on the agreed spectrum of parts and work effort spent on each project milestone. As buyers, we believe in making all costs transparent upfront and apply the same principle to our own projects.
