Equipment renting services Company provides bespoke solutions in the development and construction of infrastructure and real estate The Company has a large fleet of branded equipment which includes: tower cranes, passenger cum material hoists, boom placers, transit mixers, dumpers, excavators, and framework development of buildings/structures. The Indian management and maintenance market is estimated to grow at 17 per cent and cross USD 19 billion mark over the next five years. “The swiftly growing services sector is creating huge potential for FM services, which is anticipated to grow at a CAGR of around 17 per cent during 2015-2020 and reach to approximately USD 19.4 billion by 2020,” the report by Global Infrastructure Facilities and Project Managers Association (GIFPMA) said.
A majority of IT business will come from digital transformation projects in coming years, says C P Gurnani, Managing Director (MD) and Chief Executive Officer (CEO), Tech Mahindra . Gurnani is confident that the IT industry will achieve 11-11.5 percent compounded annual growth rate (CAGR) over the next five years and will meet the 2020 revenue target of USD 225 billion.
“ By fiscal year 2020, we will be the top three credit card players of the country with 15-18 % market share,” said Pralay Mondal, senior group president of retail and business banking of Yes bank. Yes Bank will be offering interest rate of minimum 1.2% per month on its credit cards for which high networth customers are eligible. The industry average stands at 3.4% per month. As on March 2016, there are 24.50 million credit cards in the country with HDFC Bank Ltd. leading the chart at 7.28 million, followed by ICICI Bank Ltd at 3.65 million and SBI Bank Ltd at 3.62 million. Mondal said that “market share is skewed which provides opportunity for us. The current credit penetration is 2% in the country which is expected to be 5% in next five years. The incremental 3% growth provides huge opportunity for new players like us.
Companies racing to launch satellites to provide super fast internet. About 150 satellites weighing 120 kg each would be orbiting the earth taking turns in beaming internet down from the sky. Thus forming a network in space. With the first satellite scheduled for launch in 2018, Astrome is currently in talks with different segments of the markets to provide its internet service. However, “launching the satellite and testing it will be our top priority,” said Prasad HL Bhat, CTO, Astrome Technologies. “Once the network is operational, all .. Asked about the feasibility of satellite internet, Dr. KT Alex, former Director of ISRO Satellite Centre Bangalore said, “The concept of providing internet from space is viable, however manufacturing satellites costs a lot of money. Once you have the money for investment it is possible”. The Indian firm is currently backed by IISC and other private investors, “We raise funds in stages as per our need,” Satak said, adding that they receive business mentoring from Cisco and Analog dev ..
According to Statistics, the Solar Power will soon become one of the biggest contributors to India’s huge appetite for power. Solar Power will help in meeting the ever increasing power demands of our shining nation. Company is the first company to generate & sell Solar REC in the country from its solar power plant of 2 MW commissioned in March 2012 at Rajgarh (Madhya Pradesh). Now the company has the market cap of Rs 500 Cr.
For several years, India has enjoyed the position of being the second largest producer exporter of textiles in the world largest being China. The good news for India is that due to rising labour costs, China is gradually losing its competitive edge. Other factors contributing to the downfall of China’s textile exports include appreciating currency value, rising material & energy costs and a high focus on the domestic market. The decline in China’s market share in textiles provides an opportunity for India to excel in this sector.The Technology Upgradation Fund Scheme is anticipated to render a growth of 11.5 percent in cloth production, 15 percent in value exports and an additional employment of almost 15.81 million workers.
Kishore Biyani wants to take his group's revenues from Rs 18,000 crore now to Rs 1 lakh crore by 2021, eyeing a jump of almost six times. Biyani is looking at a compounded growth rate (CAGR) of 33 per cent. He believes even if 10 million people shop for Rs 100,000 each every year at his stores, it can get him to Rs 100,000 crore. It has grown a CAGR of 10.18 per cent between FY11 and FY15. The organised retail segment, which is eight per cent of $550 billion Indian retail, has grown about 25 per cent CAGR in the past five years and expected to grow at a similar clip in the next four years, according to Technopak estimates. Biyani wants to fund the growth through internal cashflows and not through debt. Biyani, it appears, is aiming to grow faster than the largest retailer - Mukesh Ambani's Reliance Industries - which has grown at a clip of 54 per cent CAGR over the past five years and overtaken Future Retail as the country's largest retailer. Reliance Retail, which had set a target of Rs 50,000 crore by 2016, posted a turnover of Rs 17,640 crore in FY15.
Global software and Cloud major Oracle is expecting a phenomenal 10-fold growth in its India businesses by 2020 as the country holds an enormous market opportunity for its bouquet of Cloud services, a top company executive has said. “Cloud will be an enormous market opportunity for us in India. My expectation is to become 10 times the size we are now in India by 2020. Actually for us, it is the single largest growth potential country,” Oracle Global CEO Safra Catz said at the ongoing Oracle OpenWorld (OOW) 2016 conference here. Catz, who visited India in April this year, promised $400 million worth of investments in the technology hub Bengaluru, with announcing the first “Oracle Startup Cloud Accelerator” in the city. She also announced nine regional software and technology incubation centres across the country and an initiative to train over 500,000 Indian students every year. Oracle has been in India for over 25 years and during that time we’ve grown our investments tremendously. In fact, India now represents our second largest employee base outside of the US, with nearly 40,000 current employees and an additional 2,000 current job openings.
Textile major Raymond is planning to cut about 10,000 jobs in its manufacturing centres in the next three years, replacing them with robots and technology. Explaining the move, Raymond CEO Sanjay Behl said the company employs over 30,000 staff in their 16 manufacturing plants in the country. "Roughly 2,000 work in each plant to scale down the number of jobs to 20,000, through multiple initiatives in technology. One robot could replace around 100 workers. While it is happening in China at present, it will also happen in India," he said, adding that the sector was very manpower intensive.
One of the strategic choices that APL Apollo has continued to focus upon is ‘Scaling up Production capacity’. The company today has a production capacity of 1.3 million tonnes per annum. The nearest competitor in Indian market is nearly half the size! The Company has set up greenfield plants, acquired plants and turned them around and added new production mills in existing plants. Scaling up at this pace requires a vision, risk taking ability and execution skills which has been successfully proven by the company's leadership.
India is the world’s second - largest textile producer after China. It has a large raw material base and Capable of producing a wide variety of textiles and end products. India has one of the most cost competitive textile manufacturing base for all types of products across the entire value chain. Labour cost in India is lower than most of the competing countries except Bangladesh, Ethiopia and Kenya. Although power cost is on the higher side but still cheaper than China and Cambodia. Buyers look at India as the next alternative of China as it offers big domestic market, better adherence to compliance and political stability. Government of India, National Textile Policy, vision Document projects Indian textile and apparel exports to grow from $39 billion to $300 billion by 2025.
Textile industry in india provide 21 percent employment (105 million – second largestemployment provider next...
The Economic Survey 2015-16 has stated that India has emerged as the fastest growing economy among other economies. India has become a dream market for most marketers across many products segments. In textiles and apparel specifically, domestic consumption has grown at over 13 percent per annum over the last five years, fuelled by the demographic advantages of India’s population, increasing urbanization, growing disposable income and higher marked penetration of organized retail. India’s export of textiles and apparel has also grown at over 11 percent in the last five years. The Ministry of Textiles is in the process of redrafting the new Textile Policy 2016 which is likely to offer impetus to the Industry to grow further.