/ Location Analysis for Medical Equipment Company
Medical Devices
Case Summary
Challenge
- Skilled Labor & Proximity to Manufacturers: Identifying regions with a skilled workforce for plastic injection molding, along with nearby tool and assembly line manufacturers, to support high-quality production is crucial.
- Scalability & Cost-Effective Rental Space: Finding a scalable industrial facility that balances affordability with strategic location and infrastructure.
- Logistics, Incentives & Regulatory Compliance: Ensuring ease of import/export, access to government incentives, and navigating India’s complex regulatory environment efficiently.
Services Provided
- Conducted secondary research for establishing the manufacturing setup
- Further shortlisted 3 relevant states and gathered detailed information for each state highlighting details such as FDIs, PLI schemes, and subsidies by the state governments.
- Provided next step recommendations (e.g State and the city to open up their brownfield manufacturing facility).
Delivered Value
- Our detailed report outlining the pros and cons of various industrial zones, recommending the top three locations for further site exploration, ease of regulatory compliances and government incentives to be part of Make in India campaign
- Our advisory has enabled the company to make well-informed decisions on location selection, ensuring efficient supply chain management post-establishment of their manufacturing setup.
About the Client
A developer and marketer of practical, cost-effective solutions in the field of medical diagnostics, dedicated to creating and delivering innovative products that meet the evolving needs of laboratories worldwide. Their commitment to excellence drives us to design high-quality diagnostic tools that enhance the efficiency and accuracy of laboratory operations, ensuring reliable results and improving patient care on a global scale.
Project Details
- Considering India as a suitable location for establishing a new manufacturing setup, particularly for manufacturing plastics goods for medical and diagnostic purposes
- To identify such a location, typically a city, Maier Vidorno Altios conducted a comparative study of the top 3 Indian states ideal for setting up a manufacturing facility according to client
Delivered Value
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Comprehensive Report on Zone Selection: Maier Vidorno Altios delivered a thorough and detailed report that analyzed various types of zones relevant to the client’s business needs. The report meticulously outlined the advantages and disadvantages of each zone, considering the specific factors listed in the scope of work. This analysis provided a clear and informed understanding of how each zone aligns with the strategic goals, operational requirements, and long-term vision of the business.
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Strategic Location Recommendations for Expansion in India: In addition to the zone analysis, Maier Vidorno Altios identified and recommended the three most suitable locations in India that align with the client’s expansion strategy. These locations were selected based on a comprehensive evaluation of multiple factors, including market potential, logistical advantages, regulatory environment, and proximity to key resources. The recommendations offered a solid foundation for the next steps in the site selection process, enabling the client to make well-informed decisions on where to establish or expand their operations in India. This strategic insight is crucial for evaluating the business’s options and ensuring the success of their expansion plans in a highly competitive and dynamic market.
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