India becomes second largest supplier of PPE in world Starting from practically nothing, India has now become the world’s largest supplier of Personal Protective Equipment (PPE) in just 60 days. In two months, the industry has grown 56 times. Over 600 companies in India are certified to produce PPE and the country today manufactures 4.5 lakh pieces of PPE a day. India is now well-positioned to seize a share of the global market, which will be $60 billion by 2025, according to a report on ‘Personal Protective Equipment in India: A ₹7,000-crore industry in the making’, produced by Invest India, a company set up by the Indian government for investment facilitation.
PPE includes goggles, face-shields, masks (surgical and N-95), gloves (surgical and examination), coveralls and gowns, head cover and shoe cover. There are three broad customer categories for these products—industrial (for workers), healthcare (for doctors, nurses and attendants) and general consumers.
The authors of the report, Mishika Nayyar and Remya Lakshmanan Strategic Investment Research Unit, Invest India, say that India has an inventory of 15.96 lakh PPE kits and another 2.22 crore kits are being manufactured against firm orders by the industry. more here https://www.thehindubusinessline.com/news/india-becomes-second-largest-supplier-of-ppe-in-world/article31663003.ece?utm_source=email&utm_medium=Email&utm_campaign=Newsletter
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India becomes second largest supplier of PPE in world
Starting from practically nothing, India has now become the world’s largest supplier of Personal Protective Equipment (PPE) in just 60 days. In two months, the industry has grown 56 times. Over 600 companies in India are certified to produce PPE and the country today manufactures 4.5 lakh pieces of PPE a day. India is now well-positioned to seize a share of the global market, which will be $60 billion by 2025, according to a report on ‘Personal Protective Equipment in India: A ₹7,000-crore industry in the making’, produced by Invest India, a company set up by the Indian government for investment facilitation.
PPE includes goggles, face-shields, masks (surgical and N-95), gloves (surgical and examination), coveralls and gowns, head cover and shoe cover. There are three broad customer categories for these products—industrial (for workers), healthcare (for doctors, nurses and attendants) and general consumers.
The authors of the report, Mishika Nayyar and Remya Lakshmanan Strategic Investment Research Unit, Invest India, say that India has an inventory of 15.96 lakh PPE kits and another 2.22 crore kits are being manufactured against firm orders by the industry.
more here
https://www.thehindubusinessline.com/news/india-becomes-second-largest-supplier-of-ppe-in-world/article31663003.ece?utm_source=email&utm_medium=Email&utm_campaign=Newsletter
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