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Sachitananda Minerals Pvt Ltd

About Us

Brief Introduction-

Company Founder Mr M.K.Sahu as a Managing Director ( B.E (Mech) & MBA)

Ms Sachitanand Minerals Pvt Ltd, has 25-30 Years of Experience in Mechanical Engineering, project fabrication, Machining, Assembly, Marketing, Manufacturing & Designing in the steel sector Since 1995 in Dalmia Group. Business Started from last 2006 in Integrate Steel Machine & There Parts manufacturing is an industry that provides essential components to various sectors such as Iron Ores, Pellets Plant, Refractory Industries & Sponge related of steel. Export to world-wise In future. Contract manufacturing is the most common and popular business model for producing machines & their parts. This model offers clients flexibility and cost-effectiveness in meeting their manufacturing needs without having to invest in their own manufacturing facilities.

Market Analysis

Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like – Iron Ores Pellets Plant, Refractory Industries & Various sectors Related to steel and consumer durables.

Technology has today encouraged creativity, with digital transformation being a critical element in gaining an advantage in this increasingly competitive industry. The Indian manufacturing sector is steadily moving toward more automated and process-driven manufacturing, which is projected to improve efficiency and enhance productivity.

India has the capacity to export goods worth US$ 1 trillion by 2030 and is on the road to becoming a major global manufacturing hub. With 17% of the nation’s GDP and over 27.3 million workers, the manufacturing sector plays a significant role in the Indian economy. Through the implementation of different policies, the Indian government hopes to have 25-30 % of the economy’s output come from manufacturing by 2030.

Strengths

WEAKNESSES

  • High Capital Requirements: To be able to offer a wide range of services, a machine parts manufacturing company requires significant investment in equipment, infrastructure, and staff. Enterprise is trying to arrange finance from promoters & bankers to overcome weakness
  • Supply Chain Risks: Machine parts manufacturing relies on a complex supply chain. Any disruption in the supply chain can lead to delays, increased costs, and lost revenue how ever enterprises will have a proper chain with trusted persons thereby less chances of disruption and losses. Transit Insurance is also available.

OPPORTUNITIES

  • Diversification of Industries: Contract manufacturing for machine parts can be diversified across different industries. One can identify industries that have the potential for growth and tap into those areas by offering custom solutions that align with the needs of the industry.
  •  Adaptation to Technology: Integration of technologies is a great opportunity for machine parts manufacturers. A company can have a competitive advantage over other companies by incorporating advanced technologies into their production processes. This would lead to better efficiency, reliability, and quality.
  •  Global Expansion: With the rise of the global economy, expanding business operations to different regions is an attractive opportunity for machine parts manufacturing. Expanding overseas can increase profits and reduce production costs.
  •  Strategic Partnerships: Building a network of strategic partnerships with businesses in complementary industries can lead to new business opportunities and improved market share.
  •  Product Development: The development of new products and processes can be explored by machine parts manufacturers to offer better solutions to clients and gain a competitive edge on the market.

THREATS

  •  Competition: The machine parts manufacturing business is highly competitive, with many players in the market. It can be challenging to stand out and attract new clients.
  •  Technological Advances: Rapid advances in technology are affecting the manufacturing industry. As new technology is introduced, businesses must continually invest in training and equipment to remain competitive.
  •  Regulations: The manufacturing industry is subject to various regulations and compliance requirements however enterprises will try to follow all regulations properly. 
  • Hence after this analysis board of directors, proposes to start a machine manufacturing Unit in ROURKELA (Orissa), to grab the opportunities surrounding the market. Further, the promoter has huge experience from more than 2 decades in this type of industry. They also have academic knowledge & technical expertise in machine-related work. The promoter of SACHITANAND MINERALS PRIVATE LIMITED has academic knowledge and technical experience with respect to the machinery business. Further, they have been doing this type of business for decades. Hence the establishment of this manufacturing unit at ROURKELA (Orissa) by SACHITA NAND MINERALS PRIVATE LIMITED is technically, Financially, and operation-alliable.
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