Inventories

12 Months Ended

Mar. 31, 2023

Inventories [Abstract]

INVENTORIES

NOTE 5 – INVENTORIES

Inventories consisted of the following:

	As of		As of
	March 31, 2023		March 31, 2022
Raw materials	$	15,240,198	$	17,714,578
Work-in-progress		2,932,519		2,010,417
Finished goods		14,484,116		8,530,184
Total inventory	$	32,656,833	$	28,255,179

As of March 31, 2023 and 2022, the Company had $nil inventory valuation reserve as the Company arranged its inventory based on 93.4% and 90.0% with actual orders received, respectively. 6.6% and 10.0% of inventories held on hand were associated with unfulfilled sales orders, respectively.