The growing trade relationship between Mexico, India, and international supply chains is creating new opportunities for manufacturers, exporters, and suppliers, but it also increases the need for financing to sustain operations in an increasingly complex environment. Trade between the two countries totals approximately 11,700 million dollars annually, driven by sectors such as manufacturing, automotive, chemicals, pharmaceuticals, plastics, and industrial goods.
According to data cited by Credlix, trade between Mexico and India amounts to approximately $11,700 million annually, driven by sectors such as manufacturing, automotive, chemicals, pharmaceuticals, plastics, and industrial goods.
Companies across various sectors are seeking to diversify their suppliers, reduce geopolitical risks, and lessen their dependence on traditional markets in the face of tariff changes and shifts in global trade.
Mexico has become a key player in this process thanks to its integration with North America, the USMCA, and the opportunities arising from nearshoring. However, production and logistics capacity must be complemented by timely access to working capital.
Longer Payment Terms Increase Financial Pressure on Exporters and Suppliers
According to Credlix, one of the main challenges for companies engaged in foreign trade is the lengthening of payment terms.
In some international transactions, payment terms have extended from 60 days to 90 days and even 120 days, a situation that increases financial pressure on exporters, manufacturers, and suppliers who must continue to cover production costs, inventory, raw materials, and transportation while waiting for their invoices to be paid.
Pramit Joshi, senior vice president of Credlix, noted that access to working capital has become a key factor for companies seeking to integrate into international supply chains.
“Access to working capital is becoming just as important a factor as production capacity or logistics.”
Mexico and India Seek to Expand Collaboration in Manufacturing and Industry
The firm highlighted that there is growing interest in expanding collaboration between the two markets, particularly in industries such as plastics, petrochemicals, chemicals, pharmaceuticals, automotive, industrial manufacturing, and textiles.
Genette Herrera, Associate Director at Credlix Mexico, explained that there is currently an opportunity to strengthen the connection between buyers, suppliers, and strategic partners in both countries.
“Today, there is growing interest in exploring new sourcing alternatives, and we believe that Mexico and India have a significant opportunity to strengthen their trade ties.”
The company noted that the evolution of global trade is increasing the importance of financial tools that enable companies to respond more quickly to new purchase orders, strengthen inventories, and expand international operations.
Credlix, the financial arm of Moglix, is part of an ecosystem that connects more than 20,000 suppliers and 500,000 small and medium-sized enterprises across various international markets.
Factors such as logistics infrastructure, regulatory compliance, supplier diversification, and access to financing will be key for Mexican companies to capitalize on the opportunities arising from nearshoring, the USMCA, and the strengthening of trade relations with India in the coming years.
Source: Mexico Industry