India is on track to become the world’s third largest economy by 2027, so how can you benefit?

According to investment bank Morgan Stanley, India’s GDP could more than double from $3.5 trillion today to surpass $7.5 trillion by 2031.

Tighter global labor markets and the emergence of distributed work models are bringing new momentum to the idea of India as the back office to the world but India is also poised to become the factory to the world, as corporate tax cuts, investment incentives and infrastructure spending help drive capital investments in manufacturing.

A large number of European companies have shifted production to India and more and more companies turn to Indian for their sourcing needs. So how can companies benefit from what is bound to become the world’s biggest economy and the new global supply power house in the (very) near future?

At GIS International we closely follow the global trends in sourcing and supply chain, we understand what markets hold a big promise and we closely monitor what manufacturers and component suppliers are doing, where are they shifting business to, what new business models are they adopting and what are the big new shifts in supply chain and sourcing?

Since 2018 we have been active on  the Indian market, we understand the market, the key suppliers and where component manufacturers set up their operations, we know all about their performance and abilities and have been supporting customers worldwide with their sourcing needs from India.

Interested in finding out how we can help take benefits from this market? Looking into new sourcing strategies and want to learn from others?

Talk to us and contact us here.