Running an established industrial business, exploring manufacturing opportunities
We are Currently running an established B2B industrial business in India, primarily serving large companies in sectors such as:
* Steel
* Refineries
* Petrochemicals
* Power
* Heavy Engineering
Over the years, we’ve developed relationships with a number of large industrial organizations and have a good understanding of how these industries operate.
We’re now considering diversifying into manufacturing, with contract manufacturing being one of the models we’re particularly interested in.
One idea is to leverage our existing industry relationships and potentially manufacture products/components that these companies regularly purchase. Having existing relationships and industry access could potentially make the entry easier than starting completely from scratch.
That said, we’re also open to contract manufacturing opportunities in other industries.
We have the capital to invest and are willing to build the required capabilities, machinery and team. The objective is to identify a product with genuine, recurring B2B demand before making a significant investment.
I’d love to hear from people who have actually built manufacturing businesses in India:
* What sectors/products would you consider attractive for contract manufacturing?
* Are there specific products regularly consumed by Oil & Gas, Steel, Power, Petrochemical or Heavy Engineering companies that are worth exploring?
* Are there other industries where contract manufacturing has a relatively attractive entry opportunity?
* What are some common mistakes or traps to avoid?
Looking particularly for specific product ideas and first-hand experiences from manufacturers rather than generic advice.