What makes Sialkot, Pakistan one of the best sourcing destinations for surgical products
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Glovendor’s South Asia Procurement Network
300+
Product & Shipping Vendors across 6 Verticals
25+
Sourcing Agents across 4 Countries
97%
Project Success Rate
Top Destinations
Pakistan
India
Bangladesh
Sri Lanka
Overview
As the largest country of South Asia, India exports $146 billion worth of goods to the United States. Bangladesh’s garment industry has witnessed a decade of growth. Pakistan’s industrial sector accounts for 28.11% of the economy which includes key manufacturing hubs specializing in leather, textiles, sporting goods, and surgical instruments.
Trends
India’s manufacturing sector continues to grow with government and foreign investment.
US companies continue to relocate their manufacturing to India.
Bangladesh remains one of the top choices for textiles in the world.
Pakistan’s depreciating currency makes manufacturing even more affordable.
Benefits
Significantly lower labor costs than China
Huge savings with large order quantities
A lot of foreign investment in manufacturing particularly in India
Highly specialized manufacturers in niches like sporting goods, surgical instruments, pharmaceuticals, and textiles
Risks
Factories only work on higher quantity orders
Supply chain network not as professional
Hard to vet suppliers, increasing likelihood of fraud
Not specialized in all products like China
Top Products
Surgical Instruments
Pharmaceuticals
Packaging
Textiles
Leather
Food & Beverage
Metals & Gemstones
Sporting Goods
Verdict
South Asia is the most economical option if you have large order quantities and the right supplier. It is one of the best alternatives to China and a top choice to pursue in sporting goods, textiles, leather, surgical instruments and pharmaceuticals.
Blog
How to find the right manufacturing partner?
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© 2024 Glovendor Corp. All rights reserved
© 2024 Glovender Corp. All rights reserved