Document background
The Supplier Distribution Agreement serves as the foundational document for establishing and managing supplier-distributor relationships in the Indian market. This agreement is essential when a supplier or manufacturer wishes to expand their market reach through third-party distribution channels while maintaining control over their product distribution. It addresses crucial aspects such as territorial rights, minimum purchase commitments, pricing structures, and performance standards, all while ensuring compliance with Indian legal requirements. The agreement incorporates provisions from key Indian legislation including the Indian Contract Act, 1872, Competition Act, 2002, and relevant industry-specific regulations. It is particularly important for businesses entering or expanding in the Indian market, as it provides legal protection and clear operational guidelines for both parties while accounting for local business practices and regulatory requirements.
