Making India Easy · 16. February 2021
Manufacturing Plant Setup in India The past year saw a slump in new greenfield projects in India, but with the pandemic now on its last legs, an affable attitude towards new greenfield projects is apparent in India. For instance, according to a report by Economic times, West Bengal govt. has put 6000 acres of land meant for Greenfield projects in a land bank and is now inviting industries to set up their manufacturing projects. Along with this, a ‘mega greenfield’ project is underway with...
Making India Easy · 05. June 2020
India needs to prepare for the next wave of Make in India Innovators find new opportunities even in the challenges. The opportunities of the COVID 19 pandemic may help India accelerating towards the fulfillment of Make in India effort. Differentiation will help businesses The COVID pandemic adds a new dimension to the supply chain. In addition, to supply chain efficiency and cost-effectiveness, supply chains also need to ensure that the products manufactured reach the customers even under...
Making India Easy · 05. June 2020
Finance Minister Nirmala Sitharaman announced the much-awaited economic package that may bring relief to the MSME’s that are worst –hit due to COVID-19 pandemic. The centre has changed the definition of MSMEs (micro, small and medium enterprises) along with announcing an increase in the investment limits to benefit many businesses in the country. The criterion of turnover has been introduced for MSME’s recognition. The government also puts an end to the distinction between manufacturing...
Making India Easy · 22. November 2019
Backed up by a strong economy, the Indian automobile sector seems to be ruling the roost as a key growth driver and global force exporting to not just subcontinents but also developed nations all over the world. According to a recent report by Society of Indian Automobile Manufacturers (SIAM), overall automobile exports have improved by 14.50% between April-March 2019. The auto component industry of India has also experienced significant growth simultaneously in the past few years to reach a...
Making India Easy · 07. November 2019
The International Monetary Fund (IMF) claims in its recent report that India is the fastest-growing major economy in the world with a projected growth rate of 6.1% for the current fiscal year. And the success saga of the country is not likely to slow down anytime soon as its future looks even brighter with many more milestones yet to come. The youngest country on the planet will have over 1 billion internet users by 2030—pushing the consumer spend to an all-time high—approximately 4 times...
Making India Easy · 25. October 2019
A recent report by the International Monetary Fund (IMF) has stated that India is the fastest growing major economy in the world—tying with China. And, as a matter of fact, the country’s growth rate of 6.1% for the current fiscal year is better than that of even some developed countries such as the United States—which is at 2.1% growth rate this year. With a 5% growth in GDP during Q1 of 2019-2020, this financial year has been tremendously phenomenal for the Indian economy. In this...
21. October 2019
According to a recent report by FICCI-Deloitte, Indian retail market will hit a whopping USD 1,200 billion mark by 2021 and USD 1,750 mark by 2026. The report further adds that the country’s e-commerce market will also continue to grow to reach USD 84 billion by 2021 and USD 200 billion by 2026. Tier-2 and tier-3 cities will contribute immensely to support this market growth. “Organized food and grocery sector expected to reach USD 75.1 billion by 2025 and online shoppers expected to...