On May 14th, 2024, the United States government revealed a set of tariff hikes on certain products imported from China. The new regulations increase the import taxes on surgical face masks to 25%.
This increase in tariffs is creating a need for companies to reevaluate their sourcing needs and processes. India is a strong alternative supplier, due to low manufacturing costs, a skilled workforce, and a high production capacity. Many progressive organizations are turning to India as an alternative to China.
If you are unsure about entering the lucrative Indian market, either for sourcing or for selling, we at Amritt can help you. Schedule a free, no obligation consultation now to discuss your business opportunities in India. Don’t hesitate to contact us today and learn how you can benefit from this exciting new opportunity.