In the intersection of artistry and engineering, industrial design startups are visionary innovators that create ground-breaking products captivating users. The industrial design industry is highly competitive, with challenges including intense competition, technological advancements, user expectations, cost management, intellectual property protection, sustainability, collaboration difficulties, global market adaptation, manufacturing complexities, and evolving consumer trends.
Despite these challenges, Rishaba Industries bridges the gap by offering comprehensive services, deep product development understanding, strong R&D capabilities, advanced automation, and unwavering commitment to quality assurance. Their one-stop solution, effective design implementation, innovative approach, automated processes, and thorough testing consistently surpass customer expectations, delivering exceptional products.
Rishaba Industries, founded by the ex-Butterfly Group promoter family member V M Kumaresan & his three sons, differentiates itself by providing a complete suite of services, encompassing industrial design, tool manufacturing, and engineering, to cater to its global customers comprehensively. By prioritizing sustainability, Rishaba Industries converts environmentally conscious ideas into practical solutions. The company has experienced substantial demand from multinational corporations in the post-COVID era, as they seek manufacturing alternatives to China, paving the way for its impressive growth.
Meeting Customer Expectations
Rishaba Industries, a specialist OEM manufacturer in houseware and tableware, goes beyond the role of a typical manufacturer to become a trusted partner for top-tier clients. These clients seek more than just production; they desire a deep understanding of the product development process and the ability to effectively translate design intent. Rishaba Industries excels in these areas, leveraging its research and development capabilities, expertise in tool manufacturing, and advanced automation to attract and satisfy customers. Setting itself apart from local competitors, the company's key value proposition lies in its ability to swiftly transform product expectations into reality, making it highly sought-after globally.
With a team enriched by extensive experience and expertise gained from top OEM manufacturers and the medical field, Rishaba Industries consistently exceeds customer expectations in terms of product quality, development timelines, and manufacturing systems. By employing fully automated plants and minimizing manpower intervention, the company ensures consistent quality and high productivity, meeting customer demands without compromising on quality. Rishaba Industries demonstrates its commitment to quality by subjecting products to comprehensive testing in state-of-the-art international standard labs, ensuring they meet market standards.
Where artistry & engineering intertwine, Rishaba Industries breathes life into visionary products that ignite wonder, transcend limits, & captivate the imagination of users worldwide
Rishaba Industries operates with two models of engagement. In the first model, customers provide their requirements, and the company designs and obtains product approvals before proceeding with manufacturing and supply. In the second model, customers share their designs, and Rishaba Industries takes charge of engineering, tool manufacturing, production, and final delivery. The company's engagement typically starts from the design phase, ensuring products are optimized for manufacturing. This practical approach prioritizes market-ready product development over fancy concepts, aligning with the expectations of its customers.
Future Roadmap
Rishaba Industries embarked on its journey in 2019 by setting up state of art manufacturing centers in a SEZ zone and steadily scaled up operations, despite the challenges posed by the global COVID-19 pandemic. With a focus on enhancing its value proposition and making significant investments in manufacturing capabilities, Rishaba Industries achieved impressive growth. In 2022, the company achieved a turnover of 14 crores while simultaneously investing around 150 crores in expanding its manufacturing setups. Rishaba Industries is poised for continuous growth, with order books worth more than 100 crores for the current year. The company's aspirational target is to achieve an export turnover of around 1,000 crores within the next five years.
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