A Guide To The Textile Industry in India
After agriculture, the textile industry in India is the largest generator of employment. The very fact that this sector contributes 14% to the total industrial production in India and 2% to the GDP makes it one of the most vibrant sectors in India (Source Ibef.org). Good employment generator The Government of India has also played its part in the textile industry growth by coming up with various plans like ‘Make in India’ and so on. Today, this textile industry in India accounts for nearly 13% of the total exports from India. The size of the textile market is expected to
Read moreHow Solar Energy Will Create New Opportunities For Business
If Japan has the right to be known as the Land of the Rising Sun, India could well claim to the title of the Land of the Shining Sun. This is because India experiences tremendous sunshine throughout the year. There are many places in India such as Rajasthan and the south part of Tamil Nadu where you have more than 330 days of sunshine in a year. Hence, there is tremendous scope for solar energy in India. A tremendous source of renewable energy The demand for electricity in India far outstrips the supply. Hence, you have virtually every state having
Read moreThe Secret To Securing A Great Location For Your Business
Any MBA marketing student will tell you the importance of the Four P’s of distribution. They are Price, Product, Promotion, and Place (not necessarily in this order). Unfortunately, many businesses do not give much preference to the last named P, also known as business office location in the management parlance. We shall see the importance of business office location and look at ways to secure the best location for your business. What are the factors that affect your business office location? Competition as a factor in business office location: Yes, competition does play a great role in choosing your right business office
Read more5 Brilliant Way To Advertise A Small Business Online
When we talk about advertising business online, there are only discussions of selling things to customers. Would it not be a better idea to make people buy your products rather than you selling it to them? That should form the core of advertising. Advertising is not easy. It involves a lot of hard work. Let us now look at 5 brilliant ways of advertising business online. Have a compelling business website for advertising business online One of the prime requisites of online advertising in India or for that matter anywhere in the world is the presence of a compelling business
Read moreHow Online Reviews Can Affect Your Business?
In the good old days, how did you buy products from the market? The best way was to consult someone who had already purchased the goods. Now, this is precisely what the younger generation does today. They give it the name, ‘online customer reviews’ for the simple reason that these reviews are posted online. The only difference is in the fact that sometimes you do not know who has posted the review online. Nevertheless, customers always check out online customer reviews before buying any product or availing any service. What do the statistics say? More than three-fourths of the people
Read more