Delhi, India, March 12, 2010 --(PR.com
)-- The non-profit Kearny Alliance (http://www.kearnyalliance.org) has released the India Sourcing Report: Craft & Promotional Gifts (http://www.chinasourcingreports.com/csr/india-craft-promotional-gifts) to assist volume buyers to source from qualified suppliers in India. The report is published with the support of Global Sources (Nasdaq: GSOL - http://www.globalsources.com).
The report features profiles of 18 experienced export manufacturers, plus descriptions, prices and packaging details for 108 popular export products. These include figurines, votive and candle holders, wall hangings, desktop decorations, dried flowers, clock frames, mirror sconces, frames, keychains, tumblers, wall calendars, and desktop organizers.
“Quality buyers searching for handcrafted products have recognized that India-made promotional gifts are truly unique,” said Alexander Boome, program director of The Kearny Alliance.
“Makers have several competitive advantages, including designs which feature a fusion of traditional and contemporary design elements, a large pool of skilled labor and an abundant supply of indigenous materials.”
Suppliers surveyed expect export growth, plan to hold or reduce quotes
Suppliers noted the main export markets are the United States and Europe, which account for 33 and 44 percent of total shipments, respectively. “Most surveyed suppliers anticipate export growth of at least 10 percent in 2010. They will continue to focus mainly on the EU and the U.S.,” Boome said.
Surveyed suppliers for the Craft & Promotional Gifts Report shows:
* 88 percent expect shipments to grow by 10 percent in the next 12 months;
* 33 percent will maintain export prices; and,
* 42 percent will raise quotes by 5 percent.
Monthly capacity of featured suppliers is 1.4 million pieces. Total export sales in 2009 were $56.5 million.
More new sources for international buyers, more export orders and jobs in India
“The objective of this sourcing report is to help create jobs for small and medium export manufacturers in India,” Boome said.
“This is to advance The Kearny Alliance’s mission of Aid through Trade. Global Sources – as part of its corporate social responsibility – gives featured suppliers websites on Global Sources Online to help them reach its quality buyer community of 888,000.”
One supplier in the report, Deepak Jain, managing director of Global Glory India, said: “The free exposure in the report and B2B Global Sources website offered by the Kearny Alliance can really fulfill our marketing plans, especially in the recovery period of the economy when buyers are getting back with large, new orders.
“We are also thankful for the Kearny Alliance’s in-person training on how to effectively apply the online tool to get as many inquiries as possible and to respond to buyers more professionally.”
Sourcing Reports for India, Vietnam, Cambodia, The Philippines and Indonesia
The India Sourcing Report: Craft & Promotional Gifts is one of a series of Developing Country Sourcing Reports. Free previews and ordering information to purchase online for immediate download is available at (http://www.chinasourcingreports.com/csr/india-craft-promotional-gifts)
Other Sourcing Reports available online are:
* India: Glass & Metal Tableware, Fashion Accessories, Garments
* Cambodia: Silk Fashion Accessories
* Vietnam: Ceramic & Porcelain, Garments, Home Decor, Fashion Accessories, Lawn & Garden, Lacquer ware, Indoor & Outdoor Furniture,
* Philippines: Home & Garden Decor, Fashion Jewelry, Christmas Decorations, Indoor & Outdoor Furniture
* Indonesia: Indoor & Outdoor Furniture, Footwear
* Southeast Asia: Indoor & Outdoor Furniture
The India Sourcing Report: Craft & Promotional Gifts will be available for sale in March, 2010 and can be purchased at http://kearnyalliance.org/sourcingreports.
About The Kearny Alliance
The Kearny Alliance (http://www.kearnyalliance.org), a nonprofit 501 (c) (3) foundation based in Scottsdale, Arizona, partners with other international organizations to further its mission of Aid through Trade, to advance international development and poverty alleviation through trade-related business education, training and applied research.
About Global Sources
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 888,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.5 million products and more than 253,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 80 sourcing research reports and 17 specialized trade shows which run 55 times a year across 10 cities.
Suppliers receive more than 136 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.
Global Sources has been facilitating global trade for 39 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.