Hi, My name is Rasik Botadra, am currently working as anAnalyst with business news magazine & new papers.
I am writing this article in view of India emerging as Highlypotential Global Outsourcing & Solutions Provider for finishedConsumer products & General Merchandise. India has always kepther stand in Global competition right from the beginning forFinished Products such as Cosmetic & Toiletries but limited tocertain market segments.
After recent globalization and change in policies theopportunities for manufacturers & exporters have widen. Today wecan say that the producers are coming-off their age fromtraditional methods. The developments are becoming trendsetting. The Manufacturers are versatile to cope up with thevibrant consumer behavior.
The globalization in terms of foreign trends & acceptability haspenetrated finely into the Indian buying market and so is theLocal manufacturer’s struggle to captivate the opportunities bymatching the same trends & international qualities.
The practice of quality control & organizational management hasimproved drastically by emergence of New generation working as aTeam work. All this things has together gained importance for aForeign Buyer seeking his eyes to create a valuable outsourcingpartner in India.
What’s so appealing about Outsourcing a Cosmetic Product for aEuropean Buyer from India? We discuss here some importantaspects for this
1.The Research base in India have revolutionalized withexceptional Education. Indian cosmetic companies employsexperienced cosmetologist & PHDs for research & productdevelopment. 2.Indian Engineering Industry have created State ofthe Art Process machineries for renowned Pharmaceuticals &Cosmetic Industries worldwide. Its inevitable that the Processengineering today is expertly competed by India. 3.The Skilled &Unskilled Labour even today is a Prime resource for Lower valueaddition in India. 4.Quality Control, Lab trials & ISOaccreditation Practices is a Prime criteria which companiesadopt for their creditability. 5.All kinds of Packagingmaterials & Raw Materials are easily outsourced from Localaccess. For a particular Input a Producer have an option of morethan 5 vendors in the Indian local competitive thriven market..6.New Policies & Sectors such as Special Economic Zones cut outscompletely Tax burdens & overheads. 7.Indian Policies for Exportis Not subsidized. Country like China wherein the Producersenjoy unreasonable government subsidies are not reliable forlong term partnership. As we are not sure when can a productfrom China crash from global competition. 8.InformationTechnology as India being pioneer, have made communications mademore & more faster & convenient. Designing & Branding Solutionscan be provided at highly professional level, at economic costs.9.Stringent Laws for protection of Brands & Copyrights. TheBusiness for India is beyond private label supplies for Chainstores & Dollar Shops. We see India in near future as partneringfor Giant brands of Europe & American Segments.
Amongst the Cosmetics & Toiletries, with a professionaloutsource job owners produces a wide range of Creams, Lotions,Talcum Powders, Tooth Pastes, Body Oil, Baby Products, ToiletSoaps, Compacts, Shampoos, Conditioners, etc. with constantknowledge & update of New-age Active Ingredients & Packaging.
I visited one of the leading Exporters of Cosmetic Products forforeign brands. The company has complete facility for productionof a wide range of cosmetic products. You may have a look attheir websitehttp://www.asiantradelinkindia.com/consumer_goods_home.html
About the author:Rasik Botadra is an Analyst with several business news magazines& newspapers. He can be contacted at rasikbotadra@yahoo.co.in orat Phone No.: 91-22-25007236 / 25000659
A/19, Siddhpura Ind. Estate L.B.S. Marg, Ghatkopar (W) Mumbai400 086 Maharashtra, India. Phone No.: 91-22-25007236 / 25000659Fax: 91-22-25000851