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NEW DELHI, March 18, 2016 – The Hinrich Foundation released the India Sourcing Report: Glassware and Metalware with the support of its partner in export development, Global Sources (NASDAQ: GSOL)

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Online report features complete details on 15 verified export suppliers and includes new products – dinnerware, serveware, drinkware and table top accessories – plus product pricing and supply market trends.

The online report includes complete details of 15 verified export suppliers and profiles dinnerware, serveware, drinkware and table top accessories. The report also features industry information, new product features, price guides and export data. PDFs of each section are available to download for free online.

Report highlights industry strengths include raw materials availability, skilled workers

The report shows:

  • Exports were $7.1 million in 2014, down from $7.8 million in 2013.
  • The United Arab Emirates, United States, Saudi Arabia, United Kingdom, Kenya, Brazil and Malaysia are key export markets.
  • Locally available materials include silica sand, soda ash, dolomite, limestone and iron ore.
  • The industry has many experienced workers as it is among the longest-existing sectors in India, ensuring the continuity of production and trade.

“Producers have identified Eastern Europe and Asia-Pacific as potential growth areas. They note an increase in buyer inquiries through word of mouth, business-to-business organizations and direct marketing,” said Alexander Boome, Program Director of the Hinrich Foundation.

Suppliers source materials through regional clusters of manufacturers. They collectively place orders of significant size, ensuring the timely availability of materials to small companies at competitive prices.

Sourcing Reports for the Philippines, Vietnam, India, Cambodia, Indonesia

The India Sourcing Report: Glassware and Metalware is one of a series of online Sourcing Reports covering emerging Asia supply markets. A full version of the report can be viewed online here.

Other related Sourcing Reports available online are:

Sourcing from India buyer’s guide

To help buyers new to India sourcing, the Foundation has prepared a guide that provides an overview of the industries and products available and main manufacturing centers.

Buyers will also learn how to find and vet reliable suppliers, available banking options, common methods of payment, shipping details and steps to avoid or settle trade disputes  here.

About the Hinrich Foundation

The Hinrich Foundation believes sustainable global trade promotes economic prosperity and peace. It aims to encourage the private sector and governments to drive innovation and competitiveness in trade-related activities undertaken by individuals, companies, industries and countries by focusing on three program areas:

  • Trade related education & training: We sponsor educational opportunities for individuals who show a commitment to participating in or promoting innovative and competitive global trade. We offer Hinrich Global Trade Leaders Scholarships to students from Myanmar, Cambodia, Vietnam, Laos, India, China and the USA to study in Hong Kong, Thailand, the Philippines, Israel and the US. We give our scholars extended internships and career development opportunities in export related companies and organizations in ten countries.
  • Export trade assistance: We offer practical trade services to promote and coach producers on how to participate in global trade. Through the Export Trade Assistance, the Hinrich Foundation connects exporters in developing Asia with buyers worldwide.
  • International trade policy research: The Hinrich Foundation believes that the health of the global economy and peace between nations depend on countries having productive trade relationships, which require open, fact-based dialogues. We initiate research, elicit opinions and disseminate information about global trade to encourage objective debate and balanced policy making in support of open, free, transparent and fair global trade.

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