Client: An American manufacturing company.
Challenge/Business Requirement
- Establish India as a manufacturing and supply base for Power Banks and Home Inverters targeting the Asian market.
- Identify and partner with suitable contract manufacturers in India.
Scope of Work
- Conducted a comprehensive market feasibility study to assess the viability of manufacturing and supplying Power Banks and Home Inverters from India to the Asian market.
- Identified potential contract manufacturers in India through a rigorous due diligence process.
- Evaluated the capabilities, capacities, and quality standards of different contract manufacturers.
- Facilitated supply agreements between the client and selected contract manufacturers.
Conclusion/Outcome
TechSci Research's support proved instrumental in helping the client achieve its objective of establishing India as a manufacturing and supply base for Power Banks and Home Inverters. The market feasibility study provided crucial insights into the market potential and viability of the project. Through a thorough due diligence process, TechSci Research identified and recommended suitable contract manufacturers, enabling the client to enter into supply agreements and successfully launch its operations in India. This strategic move empowers the client to efficiently cater to the Asian market, optimize production costs, and strengthen its global supply chain.