Auric has been growing 300 percent year on year. The brand has been introducing new products and investing in marketing strategies to scale up business and market share.
The company will utilize the funds to aggressively fuel its growth plans including expansion of manufacturing capabilities, investment in best-in-class machinery to accelerate contribution to the Make in India initiative, as well as investments in marketing and distribution
Hygienic menstruation products such as sanitary napkins, menstrual cups, tampons, panty liners, and intimate cleansers are common among women, sanitary napkins are used the most with approximately 17.63% of the menstruating women using them.
Pharmaceutical profit margins vary widely, from less than zero to more than 40 percent, depending on the size of the company. Read on to know more about the profit margins in pharmaceutical inductry.
At a time of crisis when the sector was in dire need of special focus and customized solutions by the government, they have been merged with and lost amidst the pool of Medium, Small and Micro Units re-assessment of business, based on turnover.
While in the initial stages of revival, infrastructure investments will help boost employment, generate income, in the long run, it is set to boost the growth of the ancillary sectors, allowing stronger revival.
India is currently the 4th largest medical devices market in Asia after Japan, China and South Korea and the medical devices market in the country is expected to grow to $50 billion by 2025.
