Business Opportunities in India
Business Opportunities in India are huge because of the fact that Indian economy is growing at a fast pace, many global firms like Pepsi, Wikipedia, Bentley, Rolls Royce and others have already presented their business expansion plans in India or investment into other industry domains. Business opportunities in India in 2012 will be available in almost every domain ranging from IT, Retail, Manufacturing, Healthcare, Finance, Textile, Agriculture, Real Estate & Infrastructure and even in sports industry.
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The Finance Minister has delivered on one of the most critical aspect in this Budget – fiscal consolidation. The budgeted fiscal deficit for FY2014 at 4.8% of GDP is in line with market expectations and the indications given by the FM a month back in the various country roadshows he undertook . In terms of the fiscal deficit for FY2013, the Finance Minister has exceeded expectations and reined it at 5.2% and it is...
The Planning Commission has tentatively pegged the Indian Railways 12th plan expenditure (2012-17) at Rs 5.19 lac Crore (nearly 100 bln US$). This is likely to be spent on key areas like enlarging the rail network to cover more geographies, double tracking , introducing newer trains- both passenger and freight , enhancing the convenience, safety and security of the passengers, modernization of the network etc. This year’s Railway budget announced the following measures for...
Six Sigma is a set of tools and strategies for process improvement originally developed by Motorola in 1986, and most popularized by GE’s legendary CEO Jack Welch starting 1995 with focus on overall business strategies. It’s a well-known fact that 6σ has now been successfully applied and well-proven in the areas of manufacturing, operations excellence, business process improvement and process excellence. What is 6σ in simple terms? • It is a disciplined methodology that...
The Indian hand tool market is estimated at around 200Mln US$, growing at around 12% p.a. Some of the highlights of this sector are; The hand tool industry is labor and energy intensive India’s competitive advantage is because of low labor cost and availability of raw material There are an estimated 2500 manufacturers in India-out of which 95% are in small scale sector. The type of products being manufactured are – General Purpose (Spanners...
This blog looks at the growth opportunities that India offers to global companies interested in expanding their businesses beyond their traditional markets. It outlines the country’s economic resilient landscape, analyzes the existing challenges & opportunities and the growth potential, and makes recommendations to prospective companies planning to enter the market. The blog concludes that gaining a good understanding of the market, developing the appropriate go-to-market strategies, and taking a long-term view as essential prerequisites...
Equaling his organization to a plane and requesting a change of engines while maintaining altitudes – this guy is thinking out of the box! The first one I met in a long while and one of my first intense interactions with a full blown “Chairman and M.D.” of a growing firm from Udaipur. I was excited. Employed by an IT major then, I was sure of providing a cracking Consulting Solution to this organization...
The Energy Dilemma World energy consumption has risen 45% since 1980. It is projected to be 70% higher by 2030. CO2 in the atmosphere has risen more than 33% since the industrial revolution and is now rising faster than ever before. Emerging markets (including China and India) account for more than 75% of new demand placing new pressures on global resources. Mature markets (including N America, Europe), with increased demand and limited resources, will...
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Indian sensing and control industry is seeing a transformation. As the living standards of the population are going up and more advanced manufacturing processes and products being demanded by the market, sensing and control has come to play a very important role- be it in the household consumer electronic products like washing machine, refrigerators, security systems, lighting controls and in the Industrial sector for precision operations or in the service sector for temperature/humidity control...
Internet is a driving force in today’s lifestyle and instead of driving down to different offices; people have the convenience of sitting at home in front of their computer and research about anything and everything. This has created a huge opportunity for various industries to make their presence online and let market themselves through social media like Facebook, twitter etc. Seizing this moment, tourism and travel industry has also made its mark online and...
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For quite some time now, India has been regarded as a land of opportunity for great development. Indian as well as international developers have been eyeing India for investments and rapid returns. The economy of India is the 11th largest in the world in terms of GDP (gross domestic product) and the 3rd largest in the world in terms of PPP (purchasing power parity). Termed as an ‘ industrialized nation’, India’s economy is considered as one...
