Product Development
Business organizations are facing gradual changes in the demands and tastes of customers. Actually which can be met through new products development. Although new product development process is not easy to complete. However the change in technology and competitor strategies, also stimulates organizations toward new product development process. Also the modifications in the existing products. It is obvious that progress in the world leads to awareness of new needs of people. So this in turn creates demand for new materials for the satisfaction of those new needs.