Document background
The Supplier Development Agreement is essential for companies operating in India who wish to establish a structured program to enhance their suppliers' capabilities and performance. This document is particularly relevant when a company seeks to improve its supply chain quality, efficiency, or technical capabilities through direct intervention and support of its suppliers. The agreement, governed by Indian law, typically includes detailed provisions for development activities, performance metrics, intellectual property protection, and confidentiality requirements. It's commonly used in manufacturing, technology, and service sectors where supplier capabilities directly impact the final product or service quality. The document ensures compliance with Indian legal requirements while providing a clear framework for both parties to understand their roles, responsibilities, and objectives in the development program.
