Napino Digital Solutions and Vergent Products are pleased to announce they have entered into a global strategic partnership designed to provide clients a broader footprint of services in both India and the United States. Napino and Vergent both take pride in their industry-leading manufacturing and product design services for electronic products.
Vergent Products, founded in 1995, is a ‘Right Sized Partner’ to help deliver industrial, medical, aerospace, and defense products to market. The company has invested heavily in process controls and an exceptional Quality Management System, enabling Vergent to deliver outstanding quality to clients. With product design and manufacturing under one roof in the United States, Vergent is an end-to-end product realization company uniquely positioned to deliver electromechanical products to market. Their unique combination of discipline and speed is what the clients love most about working with Vergent Products.
Napino Digital Solutions is a diversified business within Napino Group in India focusing on the design and development of IoT products and solutions. Napino’s portfolio includes 25+ IoT products in the area of vehicle telematics, cameras, smart speakers, location and environmental trackers, wearable devices, modular IoT gateways, and access products for media and telecommunications. Napino works with several IoT product companies and tier-1 automotive companies across India, the USA, and Europe.
A partnership between Vergent Products in the US and Napino Digital Solutions in India could potentially offer a number of benefits to their customers. Some credible ways in which this partnership could help their customer include:
Napino Digital Solutions has a strong supply chain and access to component manufacturers and suppliers in India, which could help Vergent Products and their clients streamline their production processes and increase efficiency.
Our Supply Chain Management team can help you navigate your supply chain needs for optimized cost, reliable quality, and quick delivery timelines.
By working together, Vergent Products and Napino Digital Solutions could share their expertise and resources to offer a wider range of services and solutions to their customers.
Design prototype in the USA, mass manufacture in India
By designing prototypes in the US, companies can tap into the country’s wealth of engineering and design expertise. Once the prototypes are finalized, companies can then take advantage of Napino’s infrastructure (13 SMT lines and 14 Assembly Lines) and strong supply chain to mass manufacture their products. This can result in significant cost savings and a more efficient production process.
With this partnership, both companies can offer their offerings to support each other’s customers and markets this collaboration is likely to create value for both entities and their customers in both markets.
The Indian government is promoting the PLI Scheme to encourage manufacturing in India and lessen reliance on a certain market or geographic area. The Production-linked incentive (PLI) scheme for Large Scale Electronics Manufacturing (mass manufacturing) started by the Indian government aims to draw significant investments in smart products manufacturing and specified electronic components, including assembly, testing, marking, and packaging units.
It has a five-year budgetary outlay of Rs. 40,995 crores. The scheme will provide a 4-6% bonus on additional sales of goods made in India.
With this partnership, both companies can offer their offerings to support each other’s customers and markets. This partnership is likely to create value for both entities and their customers in both markets.
It’s a win-win situation
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