GST enters Year 2 – Real Estate Still Flummoxed

Anuj Puri, Chairman – ANAROCK Property Consultants The landmark reform of Goods & Services Tax (GST) was, in many ways, the final bullet shot to the Indian real estate sector in July 2017. The industry was already reeling under the immediate impact of DeMo and RERA. GST was touted to be a gamechanger for all sectors including real estate. It was largely anticipated that GST will provide a much-needed respite to homebuyers by way of reduced property prices. Unfortunately, with GST completing one year, it emerges that these expectations were unrealistic.…

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Decoding Logistics for SMEs

Samir Lambay, CEO and Co-Founder,  FreightCrate Logistics plays a vital role in the success of any business. For SME’s who are already dealing with razor thin profit margins, inefficient logistics can impact costs and also hinder sales. Often, dealing with multiple freight forwarders stakes a toll on resources, impacting productive man-hours. However, organised logistics is helping tackle some key areas that can help transform logistics from an arduous and expensive process to a cost effective, accurate and profitable exercise. Listed herewith are some key challenges and how these could be decoded…

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Supply Chain Digitization: Evolving Right Framework

Aval Sethi   Digitisation is undergoing changes owing to e-commerce and consumer habits such that companies are regularly revisiting their IT plans more often. There is still a cloud over where to get started when it comes to digitisation. Though there are no certain ways of figuring out the right framework for going digital, there are certain methodologies that will help figure out digital solutions sooner. Insights can be collected from sensors, distributed data and connected assets to gather actionable improvements through digital and analytical solutions. The idea is to…

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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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