What is wholesaling? What is the scenario of wholesaling in the Indian market?

What is wholesaling ? What is the scenario of wholesaling in the Indian market?

Wholesaling involves buying goods in bulk from the manufacturer and selling them to another buyer( generally the retailer) for resale or business purpose. Wholesale trading , since pre-independence era has been dominated by the Indian trading community.However, as of now, we also have foreign investors in the wholesale trade scenario who have been showing a keen interest in this area of business. These companies are entering the Indian market as trading firms and sourcing and selling domestically. They are giving our domestic traders a tough competition! Eg. Sharp Corporation of Japan which has a manufacturing base in India are into trading color TVs from other manufacturers as well.