Respected Learned members,
A Indian manufacturing concern imports goods in SKD format from overseas vendor assembles it in india and exports to other countries in the name of the overseas brand itself. Kindly request you to process involved in it and critical procedures to be followed in doing this. Should the overseas OEM set up a company in India for this process?
Strategic Technology Import and Export Partnership Leveraging SKD Components for Global Manufacturing Efficiency and Brand Collaboration A manufacturing company in India imports semi-knocked down (SKD) components from an overseas vendor, assembles them, and exports finished products under the vendor's brand. The process involves navigating import-export regulations, customs duties, licensing agreements, and potential export incentives. The overseas vendor may collaborate through a partnership without necessarily establishing a separate Indian entity, focusing on technology transfer and business coordination. (AI Summary)