How Market Situations Made Nanoclean The Only Tycoon Of Indian Face Mask Manufacturing Market
At the starting of COVID-19 in India, India was depend on other countries for N-95 masks which were available at very high price in India. So, here's how Nanoclean, a Delhi-based startup which is now the largest producer of N-95 and antiviral masks in India and exporting masks to other countries too. How? Let's see here.
Demand and situation of the market are the things which can create a boom for an ordinary business or the products about which very few people know. The same thing is there behind
the success of a Delhi-based startup Nanoclean, which specializes in the development of preventive measures for polluted air, and the production of face masks too in India.
Leading Products By Nanoclean
Nanoclean launched in the market with Nasofilter, a nasal filter that is as affordable as a cup of tea. Nasoilter comes in the market for Rs. 10 only. One has to just put it on the nasal and press gently to ensure it won't fall down. Further on, Nanoclean launched filters that can turn any AC into an air purifier and costs only Rs. 399.
Meet The Founders Of Nanoclean
In 2017, three alumni of IIT-Delhi; Prateek Sharma, Tushar Vyas, and Jatin Kewlani founded Nanoclean and launched their first product. In the same year, it won the Startup National
Award conferred by the President of India. This startup has multiple grants on its name from the Government of India and a joint grant with IIT-Delhi and from the Ministry of Human Resource Development.
Increasing Demand For Nanoclean Products Amidst COVID-19
In March, when COVID-19 took a dangerous form across the world, Nanoclean felt it a golden opportunity and changed the course of business. So, this startup asked for grants from the
government for large scale production of 'genuine' face masks. More than 5 lakh face masks named 'nanomasks' were sold across the world only in February. Now this company began to supply masks to hospitals and frontline workers and this startup connected itself to the government directly.
Fighting Against Fake Masks
Prateek, the CEO of Nanoclean says," Still there are enough demand forb facemasks in the market because it's easier to make fake masks than a genuine face mask and counterfeiting is going on in India for masks. So, there are chances for the Indian manufacturing industry to grow. But India needs proper labs and testing facilities for the production of international quality products."
Client Countries And Revenue From Mask Supply
In India, they kept sales to hospitals, healthcare centers, and government authorities on priority. They exported lakhs of masks to countries like- China, Thailand, and UAE. Prateek says, "Our previously established processes in supply chain and teamwork helped us to deliver during this extreme situation and moreover enabled us to sell more than one million packs of Nasomasks in previous 8-9 months. As an output, we generated our highest monthly revenue of Rs. 5 crore+."
Because of these efforts of Nanoclean resulted in the latest funding of Rs. 1.3 crore from the government to set up a face mask facility which will produce antiviral Nasomasks along with N-95 face masks. Prateek says, "We'll be coming up with the largest Government of India funded N-95 mask production plant in Greater Noida with the production of 600,000 N-95 masks per month. Besides promoting the idea of Aatmnirbhar Bharat, Nasomask stands out for its efficiency and quality."