Manufacturing gains in 4 states key for $5 trillion economy goal: SBI report
The top four GDP contributors would be Maharashtra, Tamil Nadu, Uttar Pradesh, and Karnataka. The SBI research states that the manufacturing sector’s share should rise from its present 15% to 22%. Outstanding bank credit must increase from its current level of 118 lakh crore to 276 lakh crore for India to become the world’s third-largest economy by FY28.
India-UK trade agreement: What is on the agenda?
Securing a patent regime against evergreening by pharmaceutical companies, seeking simpler work visas, and gaining access to Indian movies in the area under the proposed FTA are all on the agenda. Focus areas for the UK include lowering import taxes on goods like scotch and automobiles as well as including labour in the proposed treaty’s scope.
Exports indicate degree of integration with the global economy and levels of competitiveness: Montek Singh Ahaluwalia
Ahluwalia outlined three major factors in trade policy that influence the level of India’s export competitiveness: the country’s economic openness, its willingness to join free trade agreements, and its attitude toward global value chains. Pradeep S. Mehta said that India needs a trade strategy that will grow its share of global trade.
'India emerging as a preferred global manufacturing destination and sourcing hub': ACMA president
Sunjay Kapur said that entrepreneurship, raw material advantage, and manufacturing skills all contribute to India’s manufacturing value chains being well-positioned. India’s strong focus on deep localisation is a step in the direction of lessening dependence on other nations and, consequently, investing locally in emerging technology.
Biggest iphone manufacturing unit to come up near Bengaluru, to employ 60,000
Apple supplier Foxconn intends to at least quadruple the size of its operations in India within the next two years. Ashwini Vaishnaw said that at least 6,000 tribal women who live close to Ranchi and Hazaribagh have received training to build iPhones. Apple had outsourced the production of iPhone enclosures in India to the Hosur plant of Tata Electronics.
Data Protection Bill revision: Startups could be exempted from some provisions
Startups in the nation may be exempted from certain provisions of the revised data protection bill to reduce their compliance burden. A regulatory “sandbox” for startups might be included in the new bill, allowing them to function for a while without being subject to its provisions.
Mills in states like UP sell around 5 lakh tonnes of sugar export quota at premium
Praful Vithalani said that the sugar mills in Uttar Pradesh, Punjab, Bihar, Jharkhand, and Chattisgarh lack access to adjacent ports for exports, which raises the cost of transportation. He continued by saying that due to the increase in sugar prices around the world, mills have sold at a premium of between Rs 2,500 and 4,000 per tonne.
US as a reliable economic partner is here to stay: Harris to Asian leaders
Harris said that the US is a proud Pacific power and has a significant interest in promoting a region that is open, connected, economic, secure, and resilient. With the other G-7 nations, the US is mobilising billions of dollars for infrastructure projects in developing nations that are of a high standard, transparent, environmentally friendly, and don’t leave behind insurmountable debt.
Poland is the emerging tech hub of Europe
With about 430,000 employees, Poland’s IT sector contributes about 8% of the country’s GDP. There are more than 500 other R&D facilities as of 2022, including those from industry giants Google, Samsung, Facebook, Amazon, and Intel. In 2021, Poland’s total IT expenditure increased by almost 17%, reaching more than $20 billion.
South Africa's manufacturing grew 2.9 Percent in September- Statistics South Africa
After rising by a revised 1.7% in August, manufacturing production in South Africa climbed by 2.9% year-on-year in September. The World Bank estimates that the South African economy will increase by 1.9% in 2022 as it continues to recover from the COVID-19 pandemic’s impacts.
Brazil's auto industry production and exports in solid recovery
Brazil exported 406 thousand cars in the first ten months of 2022, a rise of 32.4% from the same time in 2021. The primary export destinations popped out as being nations like Chile, Colombia, and Mexico. 180,900 automobiles received licences in October, which is an increase of 11.4% from the same month a year prior.
'No longer science fiction'? Metaverse could pump $1.4 trillion a year into Asia's GDP, report says
A recent Deloitte report claims that virtual realities could have a “transformational impact” on Asian economies. By 2035, the metaverse may contribute between $800 billion and $1.4 trillion annually to the GDP of Asia. It’s no longer science fiction to talk about the metaverse. Millions of people have already started using early metaverse platforms.
There's a new proposal to overhaul Australia's fuel rules. It could see some vehicles banned
The amount of harmful emissions from new vehicles sold in Australia would be restricted by new fuel standards. According to the Climate Council, more needs to be done to support Australia’s transition to zero-emission transport. Ms. King said that noxious emissions standards and higher fuel quality will lead to better air quality and better health outcomes.
Consumer Insights: Finding and Guarding the Treasure Trove
Getting value from consumer insights is proving to be a tough proposition for many. Research shows how there is a clear gap between those who are using insights to gain a competitive edge (the Front-Runners) and those who are struggling to keep up (the SlowStarters). Our research shows that Front-Runners:
- Make higher investments than slow-starters – a strategy that is paying off
- Maintain an edge through committed leadership
- Build close alignment between producers and consumers of insight, i.e. between the consumer insights teams and marketing, sales or supply chain organizations
- Improve their decision-making process through consumer insights
- Work with the right data and have built or secured the requisite skills
Impact of cement industry on the environment and the solutions – SuperTech Fabrics
Cement Industry’s Current Status
The Cement industry contributes to around 7% of the global carbon footprint, closing the 8% mark. In 2007, it used to be 5%. Of course, the requirement for cement has continually increased as it is prevalent worldwide in all forms of construction. Meanwhile, India is the second largest producer of cement after China. Due to China’s mandate on more sustainable cement, carbon emission has increased significantly.
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UBUNTU - Global Business Opportunites
eGrowth and WASME (World Association for Small and Medium Enterprises) bring to you UBUNTU – Global Business Opportunities . This is a series of discussions for international trade promotion.
The Topic – International Trade Opportunities in Europe
DETAILS
Day – Saturday, 15 December, 2022
Time – 4:00 pm – 6:00 pm
Venue – WASME Head Office, Film City, Noida
Fee – Rs 999
WHO MUST ATTEND
Importers | Exporters | Traders | Manufacturers | International Logistics | Tradeshows | Service Providers
Raise debt or dilute equity
eGrowth is connected with multiple financial institutions who can help you with your funding requirements. These could be for working capital, acquisition, market expansion or any other investment.
We can help you access capital.
Sampark Setu
The best WhatsApp Marketing App is now FREE
Sampark Setu App, which allows you to send campaigns, create chatbots and organise contacts, is now free and available on the play store
This is an excellent tool to send personalized messages through WhatsApp.
IMT Industrial Expo 2022
IIAF is organizing IIAF INDUSTRIAL EXPO 2022 for the Industries based in Faridabad District at IMT Faridabad, Delhi, and NCR .
Dates – 10, 11 & 12 December 2022
Venue – HSIDC Club Ground, IMT Faridabad
We invite you to participate in this expo to expand your business to Faridabad/ NCRregion.
Contact us for booking
Get in touch with eGrowth to get exclusive deal for booking the space.
Contact number – 9899116054
Email id – info@old.designyourbusiness.in
The last date for submission of the Application Form is 1 December 2022.
BBNG Parivartan 2023
BBNG Parivartan 2023 is happening in Mumbai – Dombivli. In February 2023. This Parivartan 2023 Grand in all sense.
Theme of Parivartan is aiming Parivartan of “Vichar Vyavahar & Vikas”
Website: www.parivartan23.in
Register for the Conference ASAP.
Also forward it to all your Brahmin Connects and Brahmin Groups.
Also please check the website for Guests and Itinerary for the conference, fixed till Date .
Thanks and Regards,
Team Parivartan 2023
How we enable your business
Our goal is to impact 4 million entrepreneurs by 2025. We exist to help you get more leads, opportunities and expand your business across geographies.
Our team of inhouse resources and partners does the following for you-
- Business strategy
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Xmplar trusts eGrowth to expand their reach to MSMEs
eGrowth is pleased to welcome Jayatu Paul to eGrowth family. Jayatu comes with a rich experience in Business Development for technology products and solutions.
- Xmplar has created award winning ERP solutions for MSMEs. They have happy clients across the globe.
- They offer Product Engineering, Custom Application Development, Mobile App Development, App modernization,
Join us to welcome Jayatu as we strengthen our resolve to serve MSMEs.
Taran Deep, Founder Uplifto joins eGrowth Premium Club once again
eGrowth is pleased to welcome Taran Deep to eGrowth family once again. Tarab comes with a rich experience in brand and marketing. She has extensively worked in Hospitality Industry.
Taran is a serial entrepreneur, she has founded Uplifto, Sambandh PR and Happy Hoteliers Club
- Uplifto is a 360 degree marcomm company
- Sambandh PR is a professional Public Relations company
- Happy Hoteliers Club (HHC) is a pandemic baby, with a purpose to bring hoteliers together and build on best practices
Join us to welcome Taran as we strengthen our resolve to serve MSMEs.
eGrowth welcomes Neeraj Sehgal
Having Neeraj on eGrowth is indeed a privilege. He is the CMD of Sehgal Doors, a market leader is specialized doors for fire safety. He is an awesome human being. Professionally he is very well connected. He is an office bearer with many industry bodies –
- Chief Managing Director of Sehgal Doors
- Chairman IT Cell @ FSAI ( Fire & Security Association of India)
2. Vice President @ LUB ( Laghu Udyog Bharti)
3. Secretary General @ CEPT Mayapuri Industrial Area, New Delhi
4. Chairman, Apex Chamber of Commerce & Industries, Delhi
Join us to welcome Neeraj as we strengthen our resolve to serve MSMEs.
eGrowth Solutions
At eGrowth we are a part of your solution, rather than adding to your problems. We want you to ask for more. And for this we are ready with our solutions.
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Attract - Cultivate - Transact
eGrowth is a multi-channel, Sales Conversion Platform for MSMEs. You get new customers, reliable vendors, new business opportunities and focused outreach. Here is a partial list of benefits you may get as we associate –
- Expand your sales funnel
- Master your Digital Transformation Journey
- Get reliable vendors and partners
- Raise Money & Invest Money wisely
- Gain from the collective knowledge of other entrepreneurs
- Accelerate your journey as an entrepreneur.
- Expand your business globally
- Learn from the industry leaders and masters
Partner with eGrowth
eGrowth is a cost effective channel for you to expand your reach to manufacturers, importers, exporters, MSME service providers and MSME solution providers. We can design some creative and pocket friendly MSME outreach solutions for you.
