Tag Archives: Market Research

Mauritius Second Lockdown– How Does Mauritius Manage the COVID-19 pandemic successfully till Mar 2021?

Mauritius is among very few countries in the world that have been able to contain the novel coronavirus (COVID-19) in six weeks in the beginning.  The COVID-19 pandemic was confirmed to possess reached Mauritius in March 2020.  Since the primary 3 cases of COVID-19 were confirmed, the Mauritian authorities conducted 'Contact tracing' people that are in grips with infected patients are placed in quarantine, together with doctors, nurses, and cops.  On 30th May 2020 the Mauritian government ended Read more [...]

GROWTH OF FOOD AND BEVERAGES INDUSTRY IN INDIA – AN OVERVIEW ABOUT THE OPPORTUNITIES FOR NEW CONCEPTS AND INNOVATIVE SERVICES

India is well-known for its food and beverages service industry.  It is one among the most vibrant industries which demonstrated unprecedented growth in the recent past.  The industries is continues to expand rapidly.  This growth can be attributed on account of changing demographics, growing disposable income, urbanization and growth of retail industry. The food and beverage  market was estimated at US$30.12 billion in 2015 and is expected to reach US$142 billion by 2020, with a compounded Read more [...]

How can Society Thrive Post-Pandemic? Pandemic and its Effect in the Society in Coming Years

We all believe that the current pandemic of COVID – 19 will end come to an end soon, and we all will be back to olden days.  Now, it is time to call it olden days since we are going to near one year since the outbreak in Wuhan.  Look at the current situation of the world which we never imagined a few months ago; influence of a virus on the life of powerful mankind. Let us hope that world would heal as it happened in the case of Spanish flue which lasted for a year or more 100 years back.  As Read more [...]

V Shaped Economic Recovery – How it Will Happen?

V-shaped recovery is characterized by quick and sustained recovery as measures of economic performance after a sharp economic decline.  V-shaped recovery is one among the shapes a recession and recovery chart is expected to take.  V-shaped recoveries are generally caused by rapid readjustment of consumer demand and business investment spending.  V-shaped recovery considered as best-case scenario once an economy has hit a recession and the subsequent rapid adjustment of the economy. Let us examine, Read more [...]

Declining GDP and Shattering Household Income. What Does GDP Drop Mean for a COMMON MAN?

Let us define a COMMON MANby linking the famous cartoon of RK Laxman. The above picture (courtesy: RK)is a clear caricature of a COMMON MAN.  Do not ask how many cars he got and how well he has been employed.  He used to go on foot years back but later moved to bicycle and of late he uses public transport or two-wheeler.  If somebody offers coffee or tea, he takes it with a big sense of gratitude.  He never snatches anybody’s livelihood.  His income is meager, and he can be an agriculturist, Read more [...]

Need to Change Hospital Business Model to Overcome Challenges- Healthcare System Post Covid- 19 and Growing Healthcare Cost

The recent pandemic has turned out to be the greatest threat to business continuity and it affected all sectors of the business.  Hospitals and associated healthcare system which are in the frontline have been equally affected even though one will consider this sector benefited out of treatment opportunities. The magnitude of the problem and lack of infrastructures especially in the underdeveloped regions have badly affected the hospitals and clinics.  Many hospitals and clinics were not prepared Read more [...]

InsurTech and Insurance Claim Processing – Defining New Business Model in the Insurance Industry

InsurTech is rapidly and silently growing across the insurance industry which will have wider ramifications in the industry in the coming years.  InsurTechis mainly the use of technology innovations to bring higher operating efficiency in the insurance industry.  Most of the major insurance companies have implemented one or other forms of technology which would result in faster enrolment, quicker processing, and reduce the scope for errors in its cycle.  The recent advancement of InsurTech will Read more [...]

The Importance of a Financial Forecasting in Business Plans – Main Components of Financial Forecasts

Business planning is vital for the survival of any business and it is a strategic tool for entrepreneurs.  A well-documented business plan helps to focus on most important activities to make an enterprise to succeed.  A good business plan will have both short-term and long-term objectives which the management needs to focus on to achieve the same per the time scale. Financial planning and forecasting give life to Business Plan.  The financial planning includes various financial statements that Read more [...]

Potentials of Beacon Technology in India – Attracting Shoppers with Beacon Technology

Beacons are battery-operated devices that transmit Bluetooth signals to nearby smartphones.  The technology success of beacon is due to increasing smartphone users.  India has huge potential to adopt this technology due to the presence of its higher number of smartphone users. The content of retail beacon can reach to customers who have Bluetooth enabled and with right retail apps downloaded in their mobile.  While the Bluetooth device is on, and the mobile is in the broadcasting distance of Read more [...]

Overview of Pharma Industry in India

India is among the leading global producer of generic medicine and vaccine, contributing to 20% of the total global demand by volume in 2018.  The country also has a large pool of scientists and engineer who have the potential to steer the industry ahead to an even higher level.  Over 80% of the antiretroviral drugs used globally to combat AIDS are supplied by Indian pharmaceutical companies. Data collection and Survey shows medicine spending in India is projected to grow 9-12% over the next five Read more [...]