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  The advent of new technology and lean manufacturing processes combined with a strengthening economy, the manufacturing industry is experiencing a resurrection of sorts. Still, despite all the good news in the manufacturing world challenges continue to exist. Challenges of Manufacturing in India :   Power availability:  The major challenge in Indian manufacturing is Low power availability. Due to unavailability of power 24 hours per day, there is decrease in productivity and efficiency, and lower output rates. Skilled Labour:  According to Deloitte there will be somewhere between 2 million and 3.5 million unfilled Manufacturing consultant jobs by 2025.However, as technology has advanced, manufacturers find themselves not just in need of employees, but employees with a different set of skills. As certain tasks have become automated and machine sensors have become more commonplace, allowing manufacturers to collect large amounts of data, the jobs makeup in manu...

Emotion has been at work since the DPP was written in 2005 and defines the defense offsets. Since then, each revision of the DPP has created waves of hope in Indian industry. However, the impact of the DPP (including revisions) on corporate finance in general and the Indian economy in general has yet to be firmly established.   The main objective of the policy is to establish the national defense industry and become self-sufficient by reducing imports, thus promoting the economy and employment. While some companies have taken advantage of early shippers, others have been caught up in meeting their customers' "low cost" expectations, resulting in the creation of red oceans and low depletion and long-term sustainable business.   It is time for these Indian companies trapped in the low-cost dilemma to set a long-term vision, precisely position themselves in the value chain, develop a core competition strategy with a Western counterpart, and plan their launch in globa...

  “India doesn’t have any start-ups in the defence sector”- This was a true notion in the past, but not any more now. Today with government allowing private players into the defence industry,there are several innovative start-ups in the country that are operating in and catering to the needs of the defence sector.   Hindustan Aeronautics Limited is working with several start-ups in the country by sharing its workload in the manufacture of various products. The government has launched Defence India Start Up Challenge with a vision to support start-ups, MSMEs and other innovators to create prototypes, and commercial products in the area of national defence and security. Some of the start-ups shortlisted by the government under CRPF Start Up India Challenge to solve security challenges in the industry include Asteria Aerospace, Sagar Defence Engineering, Dcygnus Automates, Bharat Wire Mesh, Red Carbon Techno Hub, etc. Are you an entrepreneur looking to explore opportunities in ...

  Indian defence sector was conventionally not open to private players. Most of the India’s indigenous manufacturing of military equipment has been from public sector defence manufacturing firms that are owned by the government. But recently, the government has opened doors for private players into the defence industry allowing them to manufacture military equipment within the country. So,private players are now very much allowed to manufacture military equipment in India. India is one of the top five countries in the world in terms of military strength. In the wake of recent military conflicts with neighbouring countries, India is planning to technologically upgrade its military. Therefore, considering the volume of Indian defence industry it provides a large number of opportunities for private players. The government also provides financial support for SME sentering into the defence manufacturing. So, all you need to start defence manufacturing is guidance from expert consultan...

  India is currently the third highest military spending country in the world, after the US and China, as per Stockholm International Peace Research. India has second-largest standing army in the world, only after China.Majority of India’s military requirements are met through imports foreign countries such as Russia, France, the US, etc.                 The Government of India under ‘Make in India’ has been pushing for the domestic manufacturing of several goods. With this initiative from the government, the scenario in the defence sector is gradually changing. ‘Make in India’ has opened up the defence sector to private playersand foreign investments, which inturn is increasing domestic manufacture of military equipment. Today, several foreign OEMs are entering into strategic partnerships with local Indian companies in the manufacturing of military equipment. Some of the defence products that are being ma...

 We live in a world where new ailments are taking the shape of some real problems for the population. There are multiple new diseases and some age old chronic issues that require an individual to be under a constant medication. These medicines are prescribed by some professionals who are well-versed with the ailments and the best medication available for the same. These professionals are the pharma consultants who play a major role in averting health scares in millions with their relentless service. Their crucial duty involves mentoring the patient and guiding him or her to the best possible treatment for a particular ailment. For those who need a long-term care, the pharma consultants are no less than life savers with their constant services. They help in bridging the gap between the pharma companies and the customer in need for the products. The job description of a pharma consultant is not restricted to just prescribing the right medicine for the terminally ill or the aili...

  Economy grows as the industrial side takes off, same phenomenon applies with the provinces of the country.Depending upon the growth rate of industries which is nearly 15% in last 5 years, Telangana has proved itself a great stratiotes between industrial growth and its economy. 2 june 2014, formation of Telangana province. Development started and so as the industrial phase too. Telangana is carrying a varied proportion of pharma consultants .   A robust   in its actual frame, where pricing and plant settlements are provident issues but still carrying more than 35% drug industries. Still the persistence of technical issues and funding arises. And the growth which is expected is not fulfilled. Import and export takes place in order but industrialists are bound to pay in Dollars. Contribution of small scale pharmaceutical consultants is remarkable. It just not only empowers the economy but also has employment factor. Government has taken greater steps to support them...

  Batteries form an essential component of almost every modern machine today right from escalators and vehicles to remote controls,mobile phones and laptops. According to a report by Markets And Markets, the global battery market is expected to become USD 17.25 billion by 2021, growing at a CAGR of 4.15 percent. Increase in the usage of electronic devices and personal vehicles are some of the factors contributing to the growth of the market. Realizing the potential business opportunities of battery manufacturing, a large number of players are entering into the battery manufacturing domain. However, starting a battery business is not an easy task; it requires both business and domain expertise. So, one should have a perfect plan of execution in hand before starting a business. In this context, we shall discuss about how to start a battery manufacturing business from scratch in India. Here are the various steps involved in starting a battery manufacturing business. Determine Si...

  India is the sixth largest producer of chemicals in the world and the third largest country in Asia and a major component of the Indian economy, accounting for around 2.11% of GDP. India exported 10.3% of total chemicals in 2016-17. Dye and Dye Intermediates are the most profitable chemicals manufactured and exported. India is known to be a colorful country but at the same time exports. India manufactures a wide range of colors for the textile, leather, paper, ink, plastic and paint industries. It does not renounce quality and complies with international standards. Exports of colorants and colorant intermediaries reached 2,363.58 million in 2017-18, an increase of 14.13% compared to last year.   If the dye sells more, the by-product used to make them, that is, inorganic chemicals, will have more weight in the market chain. Inorganic chemicals are an important source of energy in manufacturing industries. Some important inorganic chemicals are sulfuric acid, nitric acid...

India is the largest generic drug provider in the world. India supplies over 50 percent of antibodies across the globe and meets 40 percent of generic drug demand in the USA .Indian pharma organizations are prominent for their affordable generic drug production.  The pharmaceutical industry in India has made some shocking progress from its budding stage in the early 1960s proceeding with the dominance of foreign organizations to turning into a key contributor to the country's economy meeting both domestic and worldwide medical requirements. The Indian pharma industry has been tolerating an important role in sparing the lives of millions in the world and improving the world healthcare infrastructure. The Indian pharma industry is expected to become USD 100 billion by 2025.  While numerous industries are struggling due to coronavirus outbreak and the going with lockdown imposed in the country, Indian pharma organizations are seeing a steady growth in the critical occasions of Co...