Many times, especially in the Indian context, the requirement of a foreign corporation may not be to invest or sell in India. It is the opposite – to buy or source products from India. It is well-known that India has, over the past two decades, become a major sourcing hub for corporations around the world cutting across a range of industry sectors.
We understand if our client needs a local manufacturing partner, there has to be complete scrutiny to reduce the chances of error. We know that any inaccuracy may dent the brand reputation of the client, along with bearing losses. It is therefore necessary for companies to go beyond the traditional approach of calling for tender. Instead, following a thorough process, which is able to cover Indian geography and providing value-addition, helps in reducing the possibility of error.
Under this vertical, we render the following services:
From finding the right supplier to getting goods through Indian customs.
Identifying and shortlisting Indian manufacturers and vendors for your product, with capability checks, supplier due diligence and factory visits.
Advice on sourcing strategy, procurement processes and supply chain optimisation for companies manufacturing or buying in India.
Support with Special Valuation Branch (SVB) proceedings for related-party imports, from document submission to the final order.
Registering your IEC on the ICEGATE customs portal so you can file and track customs documents electronically.
Registration under the Steel Import Monitoring System before you import notified steel products.
Hourly support with customs clearance, coordination with customs brokers and freight forwarders, duty questions and import-export documents.
Need help with any of these services? Talk to our team in India.
We define your technical and commercial requirements, search our network and industry databases, send RFIs and RFQs, compare quotations and visit shortlisted factories for QCDM audits before recommending suppliers.
The Special Valuation Branch of Indian customs examines imports between related parties, for example from a parent company to its Indian subsidiary, to check that the relationship has not influenced the declared value.
The Steel Import Monitoring System requires importers of notified steel products to register on the SIMS portal before the goods arrive and to quote the registration number in the bill of entry.
Importers and exporters use ICEGATE to file documents, pay duty and track shipments online. Registration links your Importer Exporter Code (IEC) to the customs portal.
Yes. Our team works with your customs broker and freight forwarder to resolve documentation issues, duty questions and delays, on an hourly basis.