On account of availability of raw material, skilled and cheap labour and government incentives, today India and China are the largest and leading exporter of Stainless Steel Houseware products. Both of these countries are in position to provide any product in desired quantum at highly competitive prices. In the past few years, these countries have further strengthened their foothold in the global market through their consistent innovation, designs and applications. Undoubtedly, many big names and brands in the field have succeeded in retaining their recognition and reputation through the products on India and China.
The increasing share of India's Stainless Steel Houseware exports can be identified by the fact that India has the maximum number of stalls after China in every global trade show. And this is the indication of growing understanding among the Indian manufacturers & exporters of India about the global market, which has motivated them to adopt new technologies and strengthen their infrastructure. This is the reason that many well known brands from around the world have outsourced their businesses to Indian exporters and have established their buying offices in India.
China, which has been able to provide the products on competitive price in larger quantities till now only because of the incentives to the industry by the government there, is today reeling under the apprehension of withdrawal of these incentives in next one year. India, in such a position, stands better prospects for the manufacturers and exporters of India to further strengthen its position in International market and excel China..
STEEL MARKET INFO is going to organise its 7th Indian Stainless Steel Houseware Show 2017 at Bengaluru, India, a milestone in promotion of Indian Stainless Steel Houseware industry, which is now all set to establish India as a hub of Stainless Steel Houseware products, where the global buyers have an opportunity to source the products of their interest at competitive prices and unmatched quality and variety.