challenges in manufacturing Archives

How India’s Exit from RCEP can Help the Domestic Manufacturing Industry?

Image source: https://images.app.goo.gl/8EkU1RkoB48YWTaJ7 The Regional Comprehensive Economic Partnership, a new free trade agreement, was signed on 15th November, 2020 by 15 Asia-Pacific nations. The member states of RCEP together account for one-third of the global gross domestic product and almost 30% of the world’s population. What is RCEP? RCEP, perceived…

Aspirations for Growth Acceleration

In this challenging environment of weak economic growth, concerns over employment generation, and global trade tensions, India seems to be treading the growth path- a bright spot on the cloudy global horizon and claims to be the fastest-growing major economies of the world today. The Indian government has set the…

Major Challenges for MSME sector in India

By SolutionBuggy
September 14, 2019
CHALLENGES
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Source: Apparel Resources Indian SME, which contributes 29% to the country’s GDP and the major employer is often laid back when compared to other countries like China or Japan. Reasons are plenty, but here we list down 6 major problems that SME face that is pulling the sector down from…

A Quick Guide To Implement Low Cost Automation

By SolutionBuggy
June 1, 2019
AUTOMATION, MANUFACTURING INDUSTRY, TECHNOLOGY
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Process Automation is an age-old concept and has been helping industries evolve a cost-effective operations model. The process to be automated can be core or peripheral only and can be done in weeks or can take months based on the level of detailing required in the automation. But thanks to…

Top 6 Challenges In Manufacturing Products

The production of products for use or sale using labor and machines, tools, chemicals, and biological processing or formulation is known as manufacturing. It also refers to a range of human activity from handicraft to high tech and is applied to industrial production where raw materials are converted into finished…

Top 5 Challenges in Manufacturing Industries

Manufacturing industries have to generally face a host of issues relating to payment delays, inventory management and product quality failures. In addition to this some of the pertinent issues, the industry faces are:rers in manufacturing products are:- Regulatory Compliance and traceability Manufacturers of all sectors face increasing regulations which aims…

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