rivexa Simplifies US-India Sand Casting Procurement with New Digital Platform

MIAMI - Dec. 10, 2024 - PRLog -- mjunction Services Limited, a Tata Steel and Sail joint venture, has launched rivexa, a B2B marketplace connecting US buyers with sand casting suppliers in India.

The rivexa marketplace platform, which began operations in 2023, processes procurement for industrial components like drawing-based OEM aftermarket parts, CNC machined components, custom and replacement parts, while also covering MRO equipment supplies and diverse CAPEX and OPEX procurement options.

It aims to mitigate common issues American industrial and OEM buyers face when sourcing such items from sand casting manufacturers in India: verifying necessary certifications, managing payments and orders, and searching for a supplier with expertise relevant to their requirements.

Current State of Sand-Casting Procurement
"The relationship between the US industrial sector and Indian manufacturing capabilities is well-established and growing, yet sand casting supply chains face persistent verification and logistics barriers," said Anupam Bhatt, Vertical Head (Industrial Goods) at rivexa.

The rivexa platform follows a marketplace model designed to resolve these issues at the point of origin. There is a structured stage-wise system of certification checks, factory audits, on-ground quality inspection, and a manufacturer rating system.

Bhatt adds, "rivexa's extensive verification system is designed to build confidence in our industrial and OEM buyers, addressing sourcing gaps for informed decision making." Indian suppliers can engage in international trade through the platform, which includes payment processing and certification guidance.

Following mjunction's established presence in digital commerce, rivexa has garnered attention from Harvard Business Review for its role in improving trade efficiencies.

For sourcing and procurement needs, visit: https://www.rivexa.com/industrial-goods/casting/sand-casting

For media interviews with
Anupam Bhatt (Vertical Head)
Email: anupam.bhatt@rivexa.com
Ph. +1 315 203 1458

For sales and marketing-related queries, please email at marketing@rivexa.com

About rivexa:  rivexa, a B2B marketplace by mjunction Services Limited – a joint venture between Tata Steel and the Steel Authority of India (SAIL) - connects international buyers with Indian manufacturers of industrial goods, building on mjunction's 24-year history in digital trade.