Contemplating $2mln revenue from India for No Rinse
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Saturday, February 4, 2017
No Rinse – a US-based waterless showering brand, which entered India not long ago, is suspecting a turnover of USD 2 million by March 2017.
“India is a really huge market. We have a request pipeline of USD 2 million, which is relied upon to close by March 2017. We are focusing on USD 20 million in next half a decade. India ought to contribute more than 20 %of worldwide deals in next 5 years,” No Rinse US-India Founder and CEO Puneet Gupta told.
The organization, which counts US Military, NASA, Lockheed Martin as its customers, is concentrating on the defense industry, healthcare sector, homecare (post surgery) and the over the counter (OTC) space in India.
No Rinse accomplices with specialists in every sector to showcase and circulate its items and the organization is in chats with a main pharma organization to disseminate its items in the OTC space.
The organization has tied-up with Wockhardt Hospitals, Hinduja Hospital, Ganga Ram Hospital among others in India.
With an item portfolio incorporates waterless body wash, waterless cleanser, body wipes and shampoo tops. No Rinse plans to have pan-India presence by 2018 however presently is concentrating on the level I urban communities at first.
Presently the organization produces each of its items in the US and fares it to more than 15 nations including India, yet it plans to set-up an assembling unit in the nation in the following three years.
“In the primary stage we are bringing every one of the merchandise from US since we have an assembling set-up in US. In second stage we will repack in India and in third stage we will fabricate in India. Within three years we have plans to have our own particular assembling plant in India,” he said.
No Rinse likewise has items for the pet care industry however Puneet Gupta said they would wait for no less than a year prior to launching it in India.
