Unless this is a big money deal, you have very little legal remedy if it goes sour. Because the Indian company has no presence here, you would likely have to sue, or at least collect, in India. The legal fees in an international dispute would be very substantial.
If there is a defective products claim, the plaintiff will sue everyone. You will be an easier target as you are in the US. The solution to this is to obtain insurance.
If this is a multi-million dollar deal, you should get an attorney familiar with this area of law. If you just own a little shop or are selling online and can't afford a lawyer, get insurance and focus on marketing your product rather than the intricacies of international contract disputes. Don't take on much risk yourself (sending lots of money to India before the product arrives, placing large orders, ect.) as the company may disappear or just stop talking to you.
Anytime you own a business, it's a good idea to have a business lawyer to consult since staying out of trouble is far cheaper than digging yourself out afterward.
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I am thinking you might be wanting to be getting insurance in this situation and figuring you will be needing business lawyer. Just practicing my Indian jargon.
Seriously though, of course you can try to negotiate an exclusive territory, but with that will come certain obligations, usually minimum volumes, minimum advertising levels, and full liability for problems. Perhaps you can offset liabilities against any payments you owe the Indian supplier, or perhaps the supplier requires advance payment. You will want to try to keep a reserve (hold back say 10% of payments until a certain reserve dollar amount is met sufficient to protect you against liabilities). This is all negotiable, and you might want a lawyer to help you negotiate and advise you what you need to be negotiating and what you should insist upon.
I am not your lawyer and you are not my client. Free advice here is without recourse and any reliance thereupon is at your sole risk. This is done without compensation as a free public service. I am licensed in IL, MO, TX and I am a Reg. Pat. Atty. so advice in any other jurisdiction is strictly general advice and should be confirmed with an attorney licensed in that jurisdiction.