Drones can be an asset for last mile delivery

Nishith Rastogi, CEO & Co-founder, Locus   Mentions of the term “drone” in India are often associated with negative connotations. The reality is far different. Productive usage of drone related innovations now has the eyes and ears of Government of India (GoI) and Directorate General of Civil Aviation (DGCA). As a result of sustained efforts by Indian industry players, commercial drone users and defence authorities, regulations regarding drone usage are picking up steam. Now add to this the fact that India is touted to be among the world’s fastest growing…

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Green shoots of recovery in capital goods cycle

Jaikishan J Parmar, Research Analyst, Angel Broking The Index of industrial production (IIP) for the month of February 2018 grew by 7.1% on a YOY basis. Among the three key sectoral components of IIP, mining posted negative growth of (-0.3%) while electricity grew at 4.5%. The positive surprise continued to come from manufacturing which showed 8.7% growth in the month of February. Interestingly, the IIP mix is a lot more broad-based this time around with 15 out of the 23 industry groups showing positive growth in IIP. Over the last…

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5 strategies to keep supply chain intact when disaster strikes

Leona Harrison,  Analyst, Specialty Fuel Services As manufacturers are looking to source quality goods at the cheapest price, supply chains that were once found in a single country are now spread around the world. While managers have learned to address recurrent risks such as low impact incidents, supply delays, and demand fluctuations, they have not thought about designing supply chains that can mitigate or prevent the impact of risks such as political unrest, labor strikes and, natural disasters. Some of these events can have severe repercussions on the operations hence…

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Optimized procurement critical for India’s HoReCa industry

Kushang, Co-Founder, AdUrCup   The Indian Food Service industry, according to National Restaurant Association of India (NRAI), will be worth around 5 lakh crores by 2021. Despite the fact that this service industry is soaring with a rather big future, there are several problems faced within the industry which must be solved in order for the industry to realize its full scale growth. There are four categories in the current Indian food service industry: Unorganized market – making up more than half the industry at 67% this category are mostly…

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Improvement in IIP, a positive trigger for Q4

Jaikishan J Parmar (Research Analyst, Angel Broking): The Index of Industrial Production (IIP) for the month of January 2018 came in at 7.5% while the cumulative IIP for the 10 months period (Apr-Jan) came in at 4.1%. Among the components of IIP, mining disappointed at just 0.1% but manufacturing and electricity flattered at 8.7% and 7.6% respectively. Even if you factor in the base effect due to the impact of demonetization last year, the pickup in manufacturing is surely laudable, more so, because manufacturing accounts for over 70% of the IIP…

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Disrupting your own supply chain

Ranjan Sinha Leading a successful transformation requires the supply chain manager to make a significant personal commitment and sacrifice, and they may ask “why bother?” The answer is simple: the two key responsibilities of any supply chain leader are to leave the business better than you found it and to leave it in more capable hands. The journey to develop, implement, and sustain a supply chain transformation will improve your business and develop your team. Today’s supply chain leaders face a common dilemma. Production shortages, customer back orders, supplier issues, and…

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Budget : Balanced but Not a Boon for Real Estate

Anuj Puri, Chairman – ANAROCK Property Consultants   All eyes were on the Finance Minister as he delivered his fifth full Union Budget – the last one before the general elections in 2019. As expected, the budget turned out to be populist and sounded excessively cautious while the need of the hour was to provide a positive boost to the economy, which is reeling under the pressure of structural changes and policy reforms. The Budget did not offer any substantial incentives to individual taxpayers, with slabs remaining constant. A change…

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Budget should encourage domestic solar manufacturing

Shekhar Singal  Managing Director Eastman Auto & Power Ltd. The solar power sector is one of the thrust areas with government setting an ambitious solar target of 100 GW by the year 2022. However, the solar mission can only be successful if the domestic manufacturing sector is also developed. Currently the solar module manufacturing capacity is around 7.5 GW annually and the solar cell manufacturing capacity is around 1.7 GW.Currently 85-90 per cent of the solar module installations are from China. Such high volumes of imports lead to a forex…

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Budget 2018-19: Infrastructure sector expects continued thrust

Shubham Jain  Vice President and Sector Head- Corporate ratings, ICRA Limited   The infrastructure sector expects continued thrust from Government towards revival of investment cycle in the form of further increase in budgetary allocations towards infrastructure sector with focus on roads, railways and urban infrastructure. Dedicated allocations for specified large infrastructure projects announced such as Bullet trains, Bharat Mala, Sagar Mala, Smart Cities, inland waterways development, etc can also be made to expedite these projects. Further, budgetary allocation towards NHAI can be increased keeping in view the increased capital outlay on…

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Budget can further carry on momentum in logistics

Mayur Gandhi, Chief Financial Officer, Schenker India Pvt. Ltd.   One of the reason for this budget to be an important one is that it is the first budget after the implementation of the Goods and Service Tax. In the month of November, 2017, the Government has given the status of “Infrastructure” to the logistics sector. This will enable the sector to avail medium and long term debts at beneficial terms. This indeed was a welcome move for the sector where large scale investment was fragmented and driven by few…

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