Category: Export know-how

The current state of the world economy is undergoing a major change. Rising export restrictions particularly from big countries like the US, EU, and China are affecting supply chains. These current export restrictions on global sourcing are reshaping how procurement managers rethink their supplier bases. Trade obstacles are affecting essential industries including electronics, commercial products, and…

Key Takeaways: Tariff Advantage: With new US reciprocal tariffs, India (26%) is more competitive than China (145% average, 245% on select items) and Southeast Asian countries like Vietnam (46%) and Cambodia (49%). Strategic Positioning: India offers quality production of conventional CNC machining for industrial components and related metal working, competitive costs, and good diplomatic relations…

Key Takeaways Strategic India to US export payment methods selection reduces costs and risks – Choose credit cards for small transactions (accounting for 2-5% fees) and secure bank transfers for larger orders. Escrow services and Letters of Credit protect both parties in substantial shipments. Overcoming payment challenges requires proper systems – Address payment delays, compliance…

Global supply chains are complex and fragile – and industry factors like production disruptions, soaring costs, and geopolitical tensions impact them. Manufacturers face unprecedented challenges when it comes to the management of their supply networks. rivexa is a B2B procurement platform that has emerged as a vital solution, helping connect Indian supplies with global buyers and helping…

The Indian export sector is a fast-growing economy, driving industrial development, creating employment, and increasing foreign exchange earnings. Exports account for 20% of India’s GDP, and are also responsible for catalyzing India-international trade connections and positioning the country as a serious global marketplace player.   India’s Export Expansion Scene The strength of Indian export industry lies…

The global business scene is changing rapidly, with many tech advances, shifting geopolitics, and evolving consumer behaviors. Staying competitive is critical, and companies must adapt quickly and effectively to stay ahead of the curve in 2024 and beyond. 1. Understand the Forces Shaping Global Business Several vital forces are shaping the Global business transformation. Rapid…

The road to India B2B market global expansion couldn’t be more promising. Many Indian companies are in a position to capture a big share of the $25.65 trillion global B2B e-commerce market.   Despite infrastructural gaps and complex Crossborder trade regulations India, the Indian B2B e-commerce market alone was valued at $14 billion in 2020,…

Today, in this era of globalization, there is no denying that cross-border logistics play a critical role. It fosters global trade and enables smooth transactions through international frontiers. In an attempt to continue spreading their wings, businesses must go beyond local market boundaries. Understanding an effective management of cross-border logistics has therefore become increasingly important.…

Supply chain financing, also known as reverse factoring or supplier financing, is a financial strategy that improves the cash flow for companies engaged in supply chain activities. It lets sellers have early payments on their invoices usually at discounted rates while allowing buyers to delay payment by extending the time for settlement. In this article,…

In the dynamic global business arena, overcoming cultural and language barriers is essential for prosperity. For Indian exporters attempting to expand into the world market, understanding and effectively overcoming these issues could determine whether they are successful abroad. Here are some practical tips to overcome cultural and linguistic barriers and build strong international business relationships:…