29-Apr-2020 | Market Research Store
COVID-19 has posed many challenges in several markets, but the units in the Sri city have grabbed this as an opportunity. Since the lockdown has started the workers in the manufacturing units are working hard to manufacture good-quality healthcare products. The products include life-saving drugs, medical oxygen cylinders, emergency hospital beds, and Personal Protective Equipment (PPE) kits.
Pals Plush India, a manufacturer of accessories and soft toys, has started manufacturing PPE kits and other frontline warriors. In order to generate these kits the company uses metal detection machines that have Acceptable Quality Limit (AQL)-based in-house testing facility. Thus, the end-products that are made are safe for the end-users.
VRV Asia Pacific, manufacturer of cryogenic equipment, is working hard to make liquid cylinders and the tanks for storing liquid oxygen. The rise in the patients suffering from COVID-19 has increased the demand for medical oxygen in the hospitals.
Vital Paper’s packaging division in Sri City has introduced a distinctive kraft paper-based corrugated board beds that can be used as beds in the hospitals for emergency. The bed is flexible and recyclable; it can be moved and assembled anywhere.
TIL Healthcare produces several life-saving drugs; the company has now got the license to produce Hydroxy Chloroquine Sulfate (HCQS) tablets. They are all set to start the production of the tablets once they receive the raw materials.
There is certain delay for the raw materials to reach the destination owing to the lockdown. Development Commissioner of Sri City SEZ, R. Muthu Raj, suggested that they would discuss this issue with the State government officials to enable the smooth functioning of the units.
The recent report published on the health care products market by the Market Research Store includes all the details about the market. The report showcases that the demand for the healthcare products are going to increase in the midst the outbreak of COVID-19 situation.