India is rapidly heading towards globalization, digitalization and smart technological application based way of life since the last 5 years. Social interactions have become virtually possible with a number of people at the same time and any information or service is available just at the click of an app courtesy the advent of smartphones. With…
Futuristic trends that will have an impact on e-commerce
Technological developments across the world have had a significant impact on our socio-economic conditions. Within a short span of time, people have adapted to the use of smartphones and PC s in place of mainframe computers. E-commerce shopping portals have evolved to cater to the needs of the new age buyer. Here are some of…
Make in India program-Growth opportunities and challenges
Represented by a roaring lion signifying continuous progress PM Narendra Modi set out The Make in India campaign on September 25th, 2014 to transform India into a global design and manufacturing hub. The concept focuses on 4 main aspects – Kickstarting new initiatives Attracting foreign direct investment National manufacturing for a global audience and Ease…
A new dimension to Indo-Japan relations
Japan and India’s relationship dates to the 8th century when the Indian monk Bodhisena visited Japan and introduced Buddhism laying the foundation of deep cultural ties between the two countries. Over the last few decades, India and Japan have had their fair share of disagreements and peace treaties. However, in recent times Japan has become…
Indo-African Trade – Beyond Rhetoric
The air is filled with promise and the news headlines are loaded with words like Resurgence, Renewal and Renaissance. I am talking about the recently concluded Indo-African summit in New Delhi, where 54 African nations deliberated on how India and Africa can complement each other in economic, technological and trade growth. While it can be…
E-Commerce (EC) – Key to sustainable profitability for the Industrial distributors
From our learning from the wonderful webinar organized by the Industrial Distribution Media on 3rd Sep E-commerce platforms (EC) are increasingly being used by the top Industrial Supplies distributors across the globe as a key tool to achieve sustainable profitability. The distributors of the matured markets like North America have been on the look out…
Global Sourcing – the “QCD” way!
For all the buyers, purchase managers and sourcing experts, global sourcing is not a new thing. It’s a norm for decades and it has gained more traction in the last decade for the ever-rising pressure on cost optimization. Global sourcing is equivalent to finding the “Global Optima” in a typical “Optimization problem” whereas local sourcing…
Reform your Home Garage into an Ultimate DIY Workshop
A garage is not just a place for parking, but it is also a chunk of toys, used as warehouse, workshop and also a place to relax ourselves. Has your garage become a heap of junk, wondering if you really need that thing in future? DIY (Do it yourself) gives you an opportunity to use…
Make In India – Invitation to the World
So what was I doing last year on Independence Day? Not much, I’m sure. Lounging around, not listening to the PM’s speech. Which explains my reaction when I heard about Make in India. At first, I was quite sure I’d heard it wrong. Make in India? Shouldn’t it be Made in India or something? Then…