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.

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Indian Contract Manufacturing Market - Opportunities, Tie-ups, Hurdles and Benefits for New Players Entering India
Indian Contract Manufacturing Market

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Indian Contract Manufacturing Market: Highlights
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• 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.
• 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.
• 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.
• 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 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.

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Indian Contract Manufacturing Market
• 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?
• With the ongoing policy reforms in sectors such as single brand retail trading, civil aviation, real estate broking service,
universal healthcare and simplification of legal, regulatory system and approval processes, India has moved into the
top 100 countries in the World Bank's Ease of Doing Business global rankings in 2018.
• As per statement from officials in Government, many multi-national companies are already using their Indian outfits for
design and R&D of new products and services, and with electronics manufacturing ecosystem now growing strongly,
other sectors such as textile, apparels, automotive and medical devices are witnessing tremendous growth.

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Competitive Insights
Indian Contract Manufacturing Market, regional expansion, and execution of mergers & acquisitions are the key
strategies adopted by the major players to gain a competitive edge in the market.
Key Companies Analysed
• 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
• Ayushi Engineering Company
• Auto International
• Arjan Industries
• Best Forgings India Private Limited
• NG Healthcare (Pharma)
• 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
• Havit Remedies
• Ashok Food and Pan Products Limited
• Safa Agro
• Saras Products

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Report Features
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This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it
offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision
making for the existing market players as well as those willing to enter the market. The following are the key features of
the report:
• 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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Research Methodology
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• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases & Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others
• Robust database across value chain
• In-house industry veterans as
advisors
• Project based subject matter experts
• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others
Data Triangulation (Data Evaluation and Multiple Data Triangulation)
Final Deliverables (Final Report with All Findings)
Secondary Research
Stratview Research Internal
Knowledgebase
Primary Research
Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data
triangulation. We conduct primary research across the value chain to provide 360 degree view of the market.
Data Analysis (Top Down and Bottom Up Approach)

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About Stratview Research
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custom research and consulting services.
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Advisory & Consulting
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