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China's inventive suppliers once again helped buyers in India achieve cost-effective sourcing at the China Sourcing Fair: Electronics & Components held at the Bombay Exhibition Centre, Mumbai India on November 23 to 25, 2011.

Thousands of visitors discovered new design breakthroughs in computer peripherals, computer terminals, networking products, personal digital electronics, consumer electronics & accessories, home entertainment & equipment, electronic components, interconnection technology, power supplies, in-car electronics, GPS, telecom & wireless products, mobile phones, iProduct accessories, bags & cases and tablet & mobile device accessories.

Staging its 4th edition in India's financial district, the Fair continues to attract buyers in India and nearby markets looking to profit from China's low-cost sourcing advantage. The mainland is among today's preferred LCCs (Low-cost Sourcing Country) with emerging manufacturers behind leading international brands. China's electronics exports reached US$933.4 billion in 2010. The country's strong export growth demonstrates improved manufacturing quality as more suppliers gain ISO accreditation and other international certifications on top of price competitiveness.

China exports to India reportedly rose 10.7% in 2009 to 2010 from 7.3% in the previous years, which shows India's growing demand for China-made products. Electronic products compose the bulk of India's imports from China.

More Indian importers are turning to Chinese suppliers for low-cost sourcing and anti-inflation measures, according to a study commissioned by leading trade show organizer Global Sources this year. Respondents were composed of thousands of volume importers and purchasing managers in the consumer electronics and hardware and building materials industries, considered to be among India's booming markets.

"To combat inflation, India's purchasing managers are sourcing products more frequently. They are stocking fewer inventories in their warehouses and on their retail shelves," said Global Sources Developing Markets General Manager Bill Janeri.

"As India's economy continues to expand, Indian consumers have more disposable income to spend on luxury goods like consumer electronics. Indian consumers want the next hot electronic gadget or a new large-screen LCD television. And retail distribution channels in India are better able to supply this demand than ever before, with a wide selection of quality, affordable products," he added.

The surveys revealed that around 54% of electronics importers source from China. Those non-China importers, who make up 44% to 49%, plan to buy electronics from the mainland in the next 12 months. More than 96% of the respondents said they are stepping up procurement activities, and around 90% expressed satisfaction over China's comprehensive product variety at attractive price points.

Buyers unable to attend the Mumbai Fair or interested in revisiting the event can still access the show online. The China Sourcing Fair advances its sourcing platform with the Online Sourcing Fair for the Electronics & Components Fair. The digital trade show allows buyers to source at their own time and pace while suppliers extend marketing and sales opportunities beyond their booths. Source at the Mumbai Fair online now at www.onlinesourcingfair.com/indiaec

Partner with trusted Chinese suppliers to maximize business growth! Source at the next China Sourcing Fair: Electronics & Components in Mumbai, India on September 20 to 22, 2012.