top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is wholesaling ? What is the scenario of wholesaling in the Indian market?

+1 vote
130 views
What is wholesaling ? What is the scenario of wholesaling in the Indian market?
posted Feb 24, 2016 by Deepak Jangid

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

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.

answer Jul 11, 2017 by Anurag Kashyap
...