In India, the land is a scant resource, and there are multiple rules and regulations to acquire the land. As per the Indian constitution, matters related to land are part of the State list. Every state has its rules pertaining to land acquisition. The republic of India comprises 28 states and eight union territories, with...
The Ministry of Corporate Affairs (MCA) has revised the definition of small companies under the Companies Act 2013 by increasing their thresholds for paid-up capital to ‘not more than INR 4 Cr’ and turnover TO ‘not exceeding INR 40 Cr’. According to a recent Ministry of Corporate Affairs (MCA) notification, any company with a paid-up...
A warehouse is a place where the goods are stored and will be sold or distributed later. The size of the warehouse can vary to the type of business one is in. Small businesses use spare rooms or a basement as their storage, while big firms own or rent ample space for storing goods. The...
Indian paint sector is the second-largest market in the APAC region. The paint industry in India is century old. The Industry is poised to grow at 8.6% CAGR for the next five years. The market size of this sector stands at USD 6.7 billion, where the decorative paint category constitutes around 75% of the market,...
An effective and efficient supply chain can maintain product quality. Maintaining the quality of temperature for certain goods like perishable agricultural products, pharmaceutical products, frozen food, cosmetics, chocolates, etc., during the process of transportation, is a challenge for the cold supply chain Industry. The cold supply chain has recently become a significant point of attention...
A warehouse is a place where the goods are stored and will be sold or distributed later. The size of the warehouse can vary to the type of business one is in. Small businesses use spare rooms or a basement as their storage, while big firms own or rent ample space for storing goods. The...
Millennials or Gen Y are those who were born between 1981 and 1997, and the age range would be 24-40 years, whereas Gen Z, born between 1997 and 2015, and the age range is 6-21 years. Many marketers mistakenly join them as one group to connect, and they fail to notice that both generations...
India’s Retail Industry is one of the fastest-growing industries globally. India is ranked as Asia’s third-largest market for retail and fourth-largest in the world. It is poised to become the third-largest market in the consumer segment by 2025. The retail industry in India provides 8% of employment and contributes to 10% of the overall GDP...
Fast moving consumer goods(FMCG) is the fourth largest industry in India. Household and personal care amounts to 50% of the whole FMCG sales. FMCG is a huge industry and divided into three categories, they are, food & beverages, healthcare products, and household and personal care products. Urban sector is the largest contributor in this industry...
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