7th April, Ohio: rivexa, a digitally driven export marketplace, started by mjunction Services Limited (a JV between Tata Steel and Steel Authority of India Limited), simplifies the search for verified Indian suppliers of injection molding services. Designed to bring India to the world, the development comes as India strengthens its position as a manufacturing and sourcing destination for global businesses.
India’s growing manufacturing capabilities
India is a global manufacturing powerhouse catering to some of the world’s biggest names. It is also backed by sound government initiatives like ‘Make in India’ as well. Injection molding services are a big part of this picture and serve the consumer goods, electronics, automotive, and medical devices industries. This sector has grown over the years, investing heavily in building substantial technical expertise while maintaining competitive costs.
US-India trade developments
The United States and India are working on building bilateral trade, even setting a USD 500 billion target for 2030. US trade policy developments have resulted in certain impacts on the injection molding industry. The US government maintains a 25% tariff on Chinese molds with the intention of protecting domestic manufacturing interests (PlasticNews). As a direct outcome, US companies have begun exploring alternative sourcing strategies to offset these elevated costs.
Parallelly, India has enhanced its trade relations with the US. According to the Indian Trade Minister, bilateral trade negotiations focused on eliminating tariff barriers and aligning regulatory standards are progressing well (Reuters).
Why India stands out now
Indian manufacturers of injection molding services have invested in quality management systems and international certifications to meet global compliance requirements. This focus on quality control and standards alignment has positioned India as a reliable source of precision manufacturing services, including specialized injection molding services for demanding applications. India’s export-oriented manufacturing sectors have consistently grown, with projections indicating continued expansion.
Sourcing India with rivexa
The rivexa marketplace uses a structured evaluation process for all its registered manufacturers. The process includes factory audits, compliance verification, and quality assessments. In addition to procuring reliable injection molding services, buyers can receive reliable services across multiple categories.
These include drawing-based CNC machined parts, custom components, replacement parts, OEM aftermarket parts based on technical drawings. In addition, there are annual MRO supplies such as bearings, belts, filters, valves, rollers, switches, connectors and diverse CAPEX and OPEX procurement solutions. Moreover, the platform provides logistics support and quality control monitoring throughout the procurement cycle.
It aims to streamline the sourcing process for US and global businesses seeking manufacturing partners in India’s growing industrial ecosystems.
For sourcing and procurement needs, visit: rivexa
For media interviews with:
Richard Bentoski
Senior Manager, Sales
richard.bentoski@rivexa.com
Ph:330-407-1115
For sales and marketing-related queries, please email at marketing@rivexa.com
About rivexa
rivexa is a digitally driven export marketplace specializing in sourcing custom manufacturing of Industrial Goods and Components while ensuring efficient procurement operations. We make global trade easier by connecting brands with vetted Indian suppliers. This comprehensive B2B platform is backed by mjunction Services Limited – a joint venture between Tata Steel and the Steel Authority of India Limited.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Economy People journalist was involved in the writing and production of this article.
