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The Economic Times
The Economic Times
Business

Korean manufacturers have stopped testing the Indian market. They are now committing to it.

For years, Korean consumer goods reached India the way they reached many markets: through a distributor who took a container, tested demand and either reordered or did not. It was a low-commitment arrangement that suited both sides. It also had a ceiling.

That ceiling is now being reached. Indian demand for imported personal care, processed food and building technology has moved past the early-adopter phase into something closer to routine consumption, and routine consumption requires a different kind of supplier- one who can maintain price, quality and delivery schedules across years rather than shipments.

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