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Showing posts from February, 2020

Emerging Industry for the Safer Environment

Whatever thing people use daily or occasionally went to earth. Some wastes are biodegradable and some wastes are none biodegradable. And these non-biodegradable give threat to life and of course the future of the earth too.  Plastic is the most common waste. As plastic demand follows the wastes would grow from 260 million tons per year in 2016 to 460 million tons per year by 2023. If people are going through a purposeful business model plastic ├žould be an important driver of profitability. And there is a need for the right move to tap this opportunity. Reusing plastic not only reduces investment needs but can also contribute to reducing total industrial carbon emissions. Market of Recycling Industry is governed by two different ways of generating profits. By technology perspective, pyrolysis and mechanical recycling would generate the biggest profit-pool growth where as geographical perspective depends upon collaboration of state or nation in order to

Petroleum Industry

Petroleum Industries in India work with foreign companies and now private players also are getting involved. Private players are making better integration of their existing business with the petroleum business. Although most of the business is done by major player in India such as Oil and Natural Gas Ltd Oil India Ltd GAIL (India) Ltd India Oil Corporation Bharat Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd Reliance Industry Ltd Essar Oil & Gas Shell India Pvt. Ltd. BG India Cairn Energy India Pvt Ltd Hardy Exploration & Production (India) Niko Resources Ltd Ravva Oil The petroleum industry had may international players operating in the country until it was nationalised in the 1970s. Disinvestment in some major companies was an agenda of economic reforms as the government held 100% equity in BPCL till 1992 when it offloaded 30% stake in favour of institutional investors. India is the 3rd largest consumer of oil in the world and the fourth largest li

Rural Market & Agriculture Sector

The agriculture sector in India isn't uniform. Due to commercialization of agri-products there is high productivity. It's called cash crop whereas some places suffer floods, poor cropping patterns due to lack of knowledge, bad soil conditions and weather dependency. Although 70% of India's population lives in over 6 lakh villages, gap in the literacy rate between urban and rural is almost 20%. Now recovery in rural is happening by setting the retail wholesale pricing by increase of the market demands and supply. The estimated GVA of agriculture in 2017-18 was 16.14 %. Vision 2025 report, India's organic business has immense potential to reach the Rs. 75000 crore mark by 2025 from Rs. 27000 crore (2015).