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[Music] hello friends welcome to make master we have started the new playlist engineering in today's video we are going to see about npd new product development are npsi new product or service introduction let us start with the core topic of what is new product development the new product development that is the area of the product development as well as the new inventions how to do it okay according to wikipedia the definition of what is new product development is in business and engineering new product development npd covers the complete process of bringing a new product to the market that means the product is not existed in the market it is completely a new idea or the new innovation that we are bringing into the market for sale are a central aspect of npd is product design along with various business considerations new product development is described broadly as the transformation of market opportunity into a product available for sale here what we are talking about is the opportu...