The market for laboratory equipment in India is growing rapidly, fueled by a push for improvements in educational infrastructure, the creation of skill development centers and incubation centers, increasing collaborations between Indian and foreign universities, and rising university focus on industry integration. These factors are lending to the increase in demand for upgraded lab equipment for universities as well as for the thriving startup ecosystem in India, to offer greater opportunities for training and skill development. The government also carries out projects such as the World Bank, MODRAB, STRIVE, PPP, and TEQUIP, in order to fund lab equipment.
Where on the one hand the industry is experiencing rapid growth, on the other, customers continue to struggle with challenges pertaining to procurement and post-procurement maintenance of the lab setup. Within the education sector, universities grapple with finding the right investment, which is where CAD MECH Engineering, a Pune-based laboratory equipment manufacturer with over 24 years of experience in the domain, emerges as the go-to partner. Designing equipment that is aligned with the syllabus, industry needs, and potential future technology trends, the company offers an affordable range of solutions in the competitive domain.
