The Future of Indian Contract Manufacturing Market in the forecast period (2019-2025) as predicted by Stratview Research

The report on Indian Contract Manufacturing Market published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2019 – 2025

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This report, from Stratview Research, studies the Indian Contract Manufacturing Market over the trend period of 2014 to 2018 and forecast period of 2019 to 2025. The report provides detailed insights into the Indian Contract Manufacturing Market size, trends, forecasts, and dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

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Report Segment
Under the Make in India initiative, the Government of India aims to increase the share of the manufacturing sector to the gross domestic product (GDP) to 25 per cent by 2022, from 16 per cent. India is on the path of becoming the hub for hi-tech manufacturing as global giants such as GE, Siemens, HTC, Toshiba, and Boeing have either set up or are in process of setting up manufacturing plants in India, attracted by India's market of more than a billion consumers and increasing purchasing power. As per the sources from Government of India, India’s manufacturing PMI stood at 52.6 in March 2019, indicating an expansion. Firms remain confident about strong underlying demand, successful advertising and the receipt of bulk orders, all of which are supporting sales growth. As of December 2018, premium smartphone maker OnePlus is anticipating that India will become its largest Research and Development (R&D) base within the next three years. As of October 2018, Filatex India, a polymer manufacturer, is planning to undertake forward integration by setting up a fabric manufacturing and processing unit. As of August 2018, IISC’s Society of Innovation and Development (SID) and WIPRO 3D are collaborating to produce India’s first industrial scale 3D printing machine. For its Commercial Vehicles, Ashok Leyland is utilising machine learning algorithms and its newly created telematics unit to improve the performance of the vehicle, driver and so on. So which are the pockets where contract manufacturing companies can benefit?

Till date Gujarat, Maharashtra, Himachal Pradesh, some parts of Andhra Pradesh and Karnataka have been known to the world, however, recently, states like Odisha and Telangana have emerged as the new hub for investments. In the 72nd Survey of Projects Investment in India conducted by Projects Today magazine, Odisha has topped in fresh projects expenditure by contributing 11.68 per cent of the total fresh projects announced in the July-September period (Q2) of the current fiscal, followed by Andhra Pradesh (10.13 per cent), Karnataka (8.02 per cent), Maharashtra (7.45 per cent) and Gujarat (5.54 per cent).

The Indian Contract Manufacturing Market report, from Stratview Research, answers the following key questions: Which are the best Indian Contract Manufacturing Units which can be considered for tie-ups or joint venture? Which banks or financial institutions can offer soft loan? Which government agencies such as BIPP or BIRAC can help SME in healthcare to setup units under Make in India project?

The Indian Contract Manufacturing Market report from Stratview Research identifies key industries which offer lucrative and long term growth in the global market and highlights key contract manufacturing units, their org structure, background, capabilities to help the new players short list their new friends in this market.

Key EMS companies such as Jabil Circuit India Pvt Ltd., Dixon Technologies (India) Pvt Ltd., SFO Technologies Pvt Ltd., Elin Electronics Ltd., Rangsons Electronics Pvt Ltd., PG Group., Kaynes Technology India Pvt Ltd., Centum Electronics Ltd. And more have been studied in detail and ranked as per their capability, perception in the market. In the automotive industry, companies such as Ayushi Engineering Company, Auto International, Arjan Industries, Best Forgings India Private Limited and more have been shortlisted. In Healthcare industry, companies such as NG Healthcare (Pharma), big names such as Piramal Pharma Solutions, Innovexia Life Sciences Pvt Ltd., Medlock Healthcare, Biophar Life sciences Pvt Ltd., Sunwin Healthcare Pvt Ltd., Arlak Biotech Pvt Ltd., Zencus Pharma are few names of the many selected for this study. In Agriculture and Food Industry, companies such as Havit Remedies, Ashok Food and Pan Products Limited, Safa Agro, Saras Products and more have been considered.

Check the Table of Contents to browse through the report better:
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Highlights of the Report:
Indian market has been booming since 2014, ever since the government announced its “Make in India” incentives for companies which were planning to make India as a base for manufacturing products. As the same government is voted to power in 2019, the chances of this campaign getting stronger, better and faster creates an opportunity for all those who are still in a dilemma to choose the new contract manufacturing market in Asia. India gives a unique platform where it is connected well by rail, road, air and water with all the major markets. Manufacturers are making products in India and supplying them all over APAC including Australia and Japan, Africa, Middle East apart from Europe and USA.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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This release was published on openPR.