Re: Wholesaling
Posted: Sun Sep 06, 2015 1:46 pm
Wholesaling involves buying goods in bulk from the manufacturer and selling them to another buyer( generally the retailer) for resale or business purpose. Wholesale trading , since pre-independence era has been dominated by the Indian trading community. However, as of now, we also have foreign investors in the wholesale trade scenario who have been showing a keen interest in this area of business. These companies are entering the Indian market as trading firms and sourcing and selling domestically. They are giving our domestic traders a tough competition! Eg. Sharp Corporation of Japan which has a manufacturing base in India are into trading color TVs from other manufacturers as well.