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During the next two decades, India will contribute more than a fifth of incremental global chemical consumption, according to a report by McKinsey, as domestic demand is expected to reach USD 1,000 billion by 2040. According to McKinsey’s report titled ‘India: The next chemicals manufacturing hub’, the country’s chemical industry has outperformed global peers when
Mumbai, March 9, 2023: For 2023, GfK forecasts a stabilization of the global market and takes a closer look on the Indian Telecom market. “According to GfK Market Intelligence for Offline Retail Sales Tracking, while the global Telecom market closed 2022 with a 9.7 percent decline in revenue compared to the previous year, India was
Yes, the future is the result of things done in the present. At present, we are witnessing a great change in our market from offline to online. We prefer to order through online apps like big basket, blinkit, otipy, etc., and get things on our doorstep in a few minutes. Digital marketplace boom during corona
ence, it is recommended that you have to be confident enough about your product. You should try your best to give your best. And, if not selected by Shark Tank, don’t be disappointed, but try harder to establish your business without taking it otherwise.
According to preliminary surveys by the Atomic Minerals Directorate for Exploration and Research (AMD) on the limited surface of the Marlagalla-Allapatna area in Mandya district in Karnataka, there are 1,600 tonnes of lithium resources present in the pegmatites. As per the sources, AMD is also exploring lithium in potential geological areas of the Yadgir district
Consumer demand is expected to be low over the coming quarters as inflation continues to rise, resulting in a further slowdown for startups in the country, according to a new report. According to Redseer Strategy Consultants, there is an ongoing risk of further escalation in the war on Ukraine and the current wheat crop will
According to the government-to-government pact between Myanmar and Bangladesh, Myanmar has conveyed over 140,000 tonnes of white rice to Bangladesh, according to the Ministry of Commerce of Myanmar. Myanmar and Bangladesh inked a Memorandum of Understanding (MoU) on rice trade on 8 September this year. In line with this MoU, Bangladesh has agreed to buy
A recent Freightwalla survey has shown that 84% of respondents believe digital will improve supply chain efficiency. The survey, published in the report “MSME Digital India 2022”, was aimed at understanding the changing digital penetration and awareness in the shipping and logistics industry among MSMEs in EXIM fraternity. The Indian shipping industry has experienced tremendous
It is no secret that the food and agriculture industries have been struggling in recent years. One of the biggest challenges these industries face is how to produce food and crops in a way that is both efficient and effective. However, there has been a shift in recent years toward a more holistic approach to
The Dhanteras festival this year was robust, with people buying gold, jewellery and other items to give as gifts. The jewellery industry expects a 35% increase over last year’s business, on pent up demand. Although there was a lull in the sales around noon on Sunday because of the Indian-Pakistan cricket match, people started buying
