With India as the top supplier country, buyers gain access to a large, cost-competitive pool of manufacturers, but must be prepared to manage logistics and freight from the factory gate due to the dominance of EXW terms. The widespread use of T/T and L/C payment terms reflects a market that values both speed and security, allowing buyers to choose a term that balances transaction speed with risk mitigation. Combined with EXW, this means buyers can source at lower prices while maintaining control over delivery timelines and freight costs—ideal for those with in-house logistics capabilities.
