MANUFACTURING INDUSTRY
Manufacturing Industry
Avvale Consulting has extensive expereince working with companies in the Manufacturing Industry ranging from Medical Equipment to EV Batteries.
INDUSTRY OVERVIEW
The manufacturing industry is a key sector of the economy, accounting for a significant share of GDP and employment. The sector is composed of a wide range of businesses, from small family-owned businesses to large multinational companies.
Avvale Consulting has experience helping set up manufacturing plants by drawing out business strategy in the form of business plans and pitch decks to raise funding for manufacturing plants in various industries.
SECTORS
The manufacturing industry is divided into a number of different sectors, each specializing in the production of specific goods. The main sectors of the manufacturing industry are durable goods, nondurable goods, and machinery.
Manufacturing businesses produce a wide variety of goods, including food, beverages, and tobacco; textile, apparel, and leather products; wood products; paper and printing; petroleum and coal; chemicals; plastics and rubber; nonmetallic minerals; primary metals; and fabricated metal products.
Durable Goods
Durable goods are products that have a long lifespan and are typically used for a long time.
Examples include cars, appliances, and furniture
Non-Durable Goods
Nondurable goods are products that have a shorter lifespan and are typically used for a shorter period of time.
Examples include food, clothing and pharmaceuticals.
Machinery
Machinery is a sector that produces equipment used in various industries.
Examples include construction and agriculture equipment.
