Magazine :
siliconindia has always been instrumental in identifying the ‘Best’ from across industries that are important to professionals and the businesses. Working hand-in-hand with industry experts, and screening thousands of nominations, our Editorial Board picks the best in each of the areas mentioned below:
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With the advancements in technology & opportunity, the events industry of India is witnessing a glorious growth in recent times. Though the sec-tor is looked upon as a sunrise service segment, the word `event' with time has grown into manifolds, be it in commercial or non-commercial category. Today, whether it's a live concert or a cricket match, it isn't a short-term affair. In fact, it is the result of month & months of tireless brainstorming, creative concepts, and a lot of sweat and toil. Most of the events like weddings, music launches, concerts, office parties, or themed birthday...Read More
The global online printing market is prophesized to reach the $1.3 billion mark by 2022. This technology that facilitates businesses to establish one-stop services for its customers is a growth enabler for printing business – enabling them to innovate & build different business models. The availability of round the clock services, digital channels and paying customers serves are the key factors for survival in this printing industry which is excited by the impact of internet & digital technologies.
A virtual storefront brings with it benefits like low print administration costs, wider market...Read More
The recent years have witnessed significant growth in the Indian Logistics sector, by gaining a prominent place globally. The market size of the logistics sector in the country is estimated to reach $215 billion by 2020, with an annual growth of 10.5 percent. The logistics sector has earned a place in the national infrastructure in the year 2017 and is considered as one of the emerging sectors in India. Also, the developing technology in the transportation sector is attracting investments worldwide, which is leading to a prediction that it will the largest job creator domain by the year 2022.
The logistics...Read More
Over the last few years, inventory management solutions (IMS) have advanced by leaps and bounds because modern customers demand a seamless shopping experience with faster order delivery and shorter lead times. That's why IMS plays a crucial role in today's business plans, as it tracks and records inventories along with significantly contributing to a company's growth by offering information related to the product demand. Technologies like automation, robotics, AI and ML help inventory to improve efficiency. In addition to managing receiving, shipping, and inventory, an IMS provides data analysis...Read More
The Electronics industry in India is considered to have greatly impacted from the macro factors such as increasing middle-class population as well as ascending disposable income. Consumption of electronic devices across household, industrial, and commercial applications has recorded an uptick due to the declining prices and the adoption of high-end technological devices. The combined Electronics market in India is projected to reach USD 228 bn by 2020 from USD 100 bn which was recorded in 2016-17. The National Policy on Electronics, NPE 2019, an initiative by the Indian government, has targeted USD 400 bn...Read More
Globalization, fragmentation, digitalization and socialization, innovation through technologies and heavy marketing and sales spending have changed the game of the lifestyle entirely. With the transfiguration of these factors, the contemporary Indian food culture also transformed over the years, along with the tremendous change in Indian consumers’ lifestyle. A country which used to be quite particular about its wide variety of regional and traditional cuisines native to the Indian subcontinent, has adapted to quick service food culture with the influx of international involvement and interest. Once...Read More
Being at the cusp of a digital revolution, India has started witnessing significant transformation in the video production field. The demand for video generated content is ever rising, as businesses started realizing its mass appeal. Evolution of OTT platforms and other video supported social media applications are changing the dimension of how people consume video content. The huge proliferation of smartphone devices coupled with faster internet connectivity is one of the primary reasons that drives experiments in video production industry. It is predicted that India will have 702 million...Read More
Amidst this burgeoning economy, where the robust trade industry has increased in volumes and is being attributed by the rise in global e-Commerce business with a need for instant shipment and delivery, the global air cargo market is expected to exceed 85 million tons by 2021, growing at a CAGR of five percent between 2017-2021. However to suffice this growing need, noteworthy logistic service providers are needed. But in India, the sector is still encumbered with unorganized players. As a result of the rising demand, the industry faces numerous challenges including high cost of logistics, competitiveness...Read More
As human civilization is taking giant leaps to reach the highest altitude of success, the various resources of power or energy execute the role of fuel to stimulate the progression of mankind. With the introduction of new technologies and infrastructures, the need for electricity is increasing and along with the necessities of conserving it. One of the essential necessity of human endurance, power conservation demands top concern regarding its preservation and management. Apart from it, harnessing and utilizing the power sources indecently results in global warming and the increase of greenhouse gases affects...Read More
India’s recent status of being the lowest-cost producer of solar power showcases the country’s shift towards adoption of renewable power amidst the global renewable power transformation scenario. The country has embarked on the use of clean fuel to drive the idea of reducing carbon emission and fight the climate change. India being a growing economy demands an increase in the consumption of power for the years ahead. Therefore to balance the economic growth and sustainable environment in an equal form, there is a call for an alternate way of energy generation. Looking at the current scenario, as...Read More
Being an open-source PHP based ecommerce platform, Magento has evolved as one of the major content management systems assisting businesses in executing their sales and customer retention operations online. Magento has a rich portfolio for its cloud-based omnichannel solutions, order management, business intelligence and market place extensions that could potentially empower Indian enterprises with an end-to-end ecommerce solution. The ecommerce market in India is projecting a rapid growth as the recent revenue from the sector is expected to increase from USD 39 billion in 2017 to USD 120 billion in 2020...Read More
The Malayalam film industry is best known for its realistic approach towards cinema, not to mention the apt audience. But one of the latest box office hits in Malayalam is Android Kunjappan Ver 5.25, which narrates the story of a conventional, conservative small town villager, his son, and an endearing twist when an AI humanoid enters their lives and fills in their emptiness. It’s interesting to see that this niche audience segment finally is able to relate a robotic story with the real world, which justifies the success of the film. They believe it’s already happening and so do the global...Read More
The growth in demand for maintaining product diversity and availability of wider range of products has advertently impacted the rise in demand for flexible packaging machinery especially from CPG manufacturers. Packaging is an important factor in a business, since it makes a product appear attractive to drive the sales aspect. Moreover, it also constitutes facilities of providing temper resistance and guard the safety of the product. Today, packaging machines have highly advanced due to the progress in technology, and accommodates process operations of palletizing, overwrapping, labelling, and many more. The...Read More
In the past few years, the technology has grown and changed a lot. The impact of these technologies goes beyond the internet industry and we have seen reign of mobile, introduction of AI, VR, AR, ML, AMP and many more. As impressive as all of this new technology has been, where we really see and feel huge changes is machine designing trends. The global machine tools market was worth US$ 106 Billion in 2018. Looking forward, the market is forecast to reach a value of US$ 150 Billion by 2024, registering a CAGR of around 6 percent during 2019 - 2024.
Moreover, the industrial design market is dominated by...Read More
Like accuracy is an essential element for weighing systems, similarly, weighing equipments are the key players in the manufacturing industry. Since ages, various methods of measurement have been put to use to ensure that maximum efficiency is being delivered. With the developments in the industry, the market has witnessed new horizons across the world, clearly making it difficult to stick to the conventional methods. Starting from chemicals and drugs in the medicines to the amount of gold in jewellery, from a newborn baby to the oil barrels, our daily vegetables to manufactured vehicles, or any kind of...Read More
CCTV & Video surveillance need has drastically developed in India especially when we speaking about this era of technology. Safety of the public has appeared as an important purpose for governments all over the world. As cities are developing day by day, video surveillance acts as the elementary tool to observe people moving around and to fight against crime as well. CCTV & Video surveillance is a necessary factor in terms of sustaining social authority, identify and evaluate threats, and take safety measures or investigate criminal undertakings. Every case happening under the surveillance of CCTV...Read More
Technology and its roots have been seamlessly pervading into every industry today. With this advent of technology, a majority of logistics companies are moulding their expertise to establish robust and reliable online transportation platforms that can revolutionize the way logistics is functioning. India currently holds a vast network of online truck and cargo booking portals that are seamlessly connecting the shippers and forwarders in the industry, while catering to their requirements. Leveraging the best power of technology, these online portals are delivering hassle-free shipping services to the shippers...Read More
One cannot think well, love well, and sleep well, if one has not dined well', the famous author Virginia Woolf was very much accurate depicting the imperative role played by food in our lives. Source of a stable mind and sound physique good food is truly the essence of a healthy individual. With lots of food and beverage companies endeavoring to enchant the test buds of the patrons, grows the concern of quality and food safety. Along with the lucrative delicacies, the food sectors are mandatory to ensure the quality, safety and chemical contamination of food. Numerous factors such as increasing rate of...Read More
In a world of ever-changing food trends, it can sometimes be hard to keep track of what’s new and what’s popular. But, with growing health issues due to the excessive use of fertilizers and pesticides in food production, the ‘organic’ foods sensation has only continued to increase in popularity and has become the buzzword topic for both consumers and producers. Organic food now has become a viable alternative for an increasing number of consumers worldwide, who are worried about the presence of chemical residue and the negative consequences on the environment caused by intensive...Read More
The India heat exchangers market was valued at USD 454.4 million in 2018, and is expected to reach USD 890.0 million by 2026, registering a CAGR of 8.6 percent from 2019 to 2026. Heat exchanger is a device that transfers energy between two process fluids. Various types of heat exchangers have been developed for a wide range of applications such as steam power plant, chemical processing plants, transportation power systems, and others.
The demand for heat exchangers is anticipated to grow, owing to numerous factors such as increase in number of food industries, rise in demand for energy, surge in...Read More
India is one of the top five markets for packaged food in the world, and the second largest in Asia, with a sales volume of 34 million tonnes. This is because of many factors. There has been a noteworthy change in the eating habit in Metropolitan Cities. Due to the fastpaced life in urban cities, about 79 percent of the urban people prefer to have ready-to-eat food in their regular meal. The reasons behind the increase in the use of packaged food in urban cities are the steep rise in income, the standard of living and convenience. Mostly, in a small family where both husband and wife are working, they prefer...Read More
Today, with the stipulation of reaching out to the extensive networks of customers across the globe, industries face abundant predicaments such as inappropriate material handling, government regulations, financial hitches, fragmented warehousing and many more. The increasing demand for logistics solutions by the industry has resulted in outbursts of the freight forwarding and clearance sector driven by the key factors such as packaging, warehousing, documentation, customs clearance and deliverance at the final destination. Propelling the growth of the international trade market,...Read More
The road safety market size is witnessing a rapid growth owing to the rising need for public security and road safety & improvement in the road infrastructure. According to MarketsandMarkets, the road safety market will grow from $3 billion in 2019 to $4.7 billion by 2024, at a CAGR of 9.3 percent during the forecast period. With India’s growing road network, increasing urbanization, and rapid motorization, the future of the industry seems bright here.
Traffic safety includes equipment and services that are designed to prevent and reduce the risk of accidents, curb errant vehicles movement, and...Read More
Playground equipment denotes various paraphernalia which is used in different play areas. Such play areas may be a part of a park, school, or any other such institution. The park areas at apartment complexes, hotels, resorts and recreational areas are included in the definition of target market for playground equipment. The classifications of playground equipment are Monkey Bars, Sandbox, Climbing Equipment, Swings and Slides, etc. It can be widely used in many industries. But survey results showed that 24.94 percent of the playground equipment market is Swings and Slides in 2016. Moreover in the next five...Read More
As a result of the ever-increasing need for smart, connected lifestyles and energy-efficiency measures, the LED lighting trend is taking the shape of a phenomenon. The lighting industry in India is evolving rapidly due to a shift from conventional lighting products to LEDs. This is obviously driven by the number of government initiatives being sowed for energy conservation, rising consumer awareness for energy-efficient products and innovative products offered by the industry in sync with the mega trend of digitization. Besides, with ‘Smart City’ in its full glory, there is a tectonic shift in...Read More
Majority of Indian consumers are familiar with green products, have confidence that green products are better for environment and feel that bio based ingredients enhance the desirability of a product, according to a survey released here today. More than 63 per cent of consumers are familiar with green products and of those, 85 per cent have confidence that they are better for the environment and feel that bio-based ingredients enhance the desirability of a product, according to a survey. More than 63 per cent of consumers are familiar with green products and of those, 85 per cent have confidence that they are...Read More
The Indian B2B Market is evolving and experiencing high growth and developments with large investments. Globally, India will be the next big platform for B2B Marketplace. With the rising use of the internet and smartphones will increase the demand for B2B market in India and it is expected to reach $120 billion by 2020, by 51 percent of annual rate, the highest in the world. Although the market had a slow start during the ’90s, today, it has seen a vast growth with the increasing number of B2B companies getting registered, thanks to the 4g networks that are making this platform easy to offer and acquire...Read More
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Civil Infrastructures such as building, roads, railways, harbors and airports, support our everyday life and social economic activities. Many of them, however, were built during the high economic growth period and thus require maintenance or renovation. Apart from this, India is underway building a world class infrastructure. This is where infrastructure management service (IMS) comes into the picture that not only signifies physical activities such as managing materials, machineries & resources & technological processes but also covers the entire range of activities starting from conception to...Read More
With rising demands of solar power technology, (which is regarded as one of the most important alternate power sources) numbers of efficient solar engineering, procurement and construction (EPC) service providers are also increasing at the same fraction. Because of this extraordinary advancement in this industry, EPC vendors are able to execute projects in a cost-effective yet flamboyant manner. Now, the Indian EPC service providers are also keeping their focus on developing new energy projects for commercial and industrial sectors to make this market reach billion US dollar marks in the coming years and turn...Read More
What if you get trapped inside an elevator and find no ways of escaping? Well, it’s an obvious worse situation, but it might not take place in a lifetime as many lifts and elevator solutions providers are trying vigorously to provide maintenance to this system vehemently. As companies are trying to make its workflow faster these days, the demand of the elevator servicing industry is increasing with insurgent rate and the solution providers from their side are trying optimally to match this demand. Be it for the tallest building or for an uncomplicated elevator system in a one floored building,...Read More
Whether it is a residential building, commercial place, healthcare establishment or a car, train, airplane, ship; heating, ventilation and air-conditioning technology is vehemently in use for maintaining perfect temperature, humidity and air quality inside a room. But the installation and after sales services of HVAC system is a humungoust ask, which is undertaken by large and medium sized HVAC installation and solution companies. Among these companies, some are in the market for over 40 years, while some have started their journey a few years back.
However, during the juncture of providing effective HVAC...Read More
India is the second largest fish producer in the world, accounting to a whopping 6.3 percent of the global fish production. The Secretary of the Department of Fisheries – Rajni Sekhri Sibal said “Fisheries is a sun rise sector in India, considering the commercially viable global tuna market which stood at $11.38 billion in 2017, is projected to reach $13.75 billion by 2023”. Moreover, growing at the rate of seven percent, the fishery sector sustains around 14.5 million fishermen in the country. Aside this, major growth rates in marine fisheries, coastal/fresh-water aquaculture, and...Read More
Staged as the unsung heroes of India’s growing economic status, the hire carrier industry in the country is a bustling foray that accounts for 65 percent of the country’s freight-transfers (via road). Moreover, with India’s trucking industry currently rounding-off at $130 billion, there are approximately 5.6 million on-road vehicles transporting the country’s freight. As a key player influencing development in remote regions by opening them to trade & investment and integrating them with mainstream economy, the hire carrier service in India is undoubtedly a boon that comes with...Read More
The ever-increasing and ubiquitous presence of electronic devices right from the household appliances we use to the vehicles we travel in, clearly demonstrate its indispensability in our daily lives. Due to this growing adoption, there lies a grave need for advanced Test & Measurement (T&M) processes that can strictly evaluate and approve the performance of electronic products before deployment. Ranging from design & development phase to production testing and pre- & post-market testing including Original Design Manufacturing, T&M stands-out as a highly essential process throughout the...Read More
The food industry in India has grown as a high growth & profit sector due to its huge potential for value addition, mainly due to the food processing industry. Food Processing is considered as major link between agriculture and manufacturing in developing economy like ours where it contributes around nine -10 percent of GDP in agriculture and manufacturing field. On the other hand, the growth of food processing sector would need to be a significant component of the second green revolution, considering its possible role in achieving increased agricultural production by ensuring better remuneration for...Read More
India has experienced an astonishing growth in the Food & Beverage industry (F&B Industry) over the past few years. Commodity branding assumed a new face with a mirroring development in the retail sector wherein packaging and labelling are consider as two vital components of brand building process. Packing not only enhances the appearance of the label for promoting the brand but is a major customer attention grabber too. There is increasing demand for packaging due to a change in consumption behavior across the globe as a result of a growing middle class and elderly population. With...Read More
The supply chain industry has a cascading impact on almost all aspects of trade and retail – from sourcing of raw materials based on demand forecast and speeding up the production to getting the product to the store and finally to the consumer, everything depends on the supply chain. A survey by Deloitte states that 79 percent of enterprises with high performing supply chains acquire more revenue growth than average within their industries. Conversely, just eight percent of businesses with less capable supply chains report above average growth. This...Read More
The entire automobile industry is starting to host a paradigm shift. In the making is an era of electric vehicles (EV). The huge waves of this radical change are expected to hit the accessories industry as well. According to a report published by Zion Market Research in 2018, despite this undergoing transformation, the global car accessories market is likely to cross almost USD 519.01 billion by the end of 2022, growing at a CAGR of almost 6.4 percent. These numbers ring some opportunity-bells in the electric car industry.
It’s a great omen that India has devised its mission 2030 – an algorithm...Read More
With the rapid urbanization in the country, there has been a commensurate increase in the need for and the use of water, one of life's most essential necessities. By 2050, India's demand for water is expected to increase as the population grows to 1.6 billion. Industrial and domestic sectors will account for 85 percent of the additional demand. All regions of the world often struggle with severe water scarcity. The real challenge is to provide enough fresh water to a rapidly growing global population. All regions of the world often struggle with severe water scarcity. Access to safe drinking water has...Read More
With the blooming passenger travel industry on one hand, and flaring global military expenditure on the other, the year passed has been instrumental for the global aerospace & defense (A&D) industry in regaining its momentum. The industry is anticipated to pursue this growth track in the current financial year. According to a report from Deloitte, the commercial aircraft order backlog is at its peak of more than 14,000 – with about 38,000 aircraft expected to be produced globally over the next 20 years. Geopolitical tensions are continuing to intensify and demand for military equipment is...Read More
The ambience of a workplace features a crucial role in the motivation, productivity, efficiency and retaining of its employees. With today’s employees spending over an average of 10 hours/day within office confines, a large majority carp about the poorly designated furnishings that cause serious health-concerns, is giving rise to the need for ‘work from home’ option. Thus in response to this, several corporate establishments considered the option of ergonomics and subsequently reconfigured their interiors based on the ‘home away from home’ set-up. Additionally with the...Read More
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The World Health Organization (WHO) estimated that seven million people are killed every year due to air-pollution, and India’s catastrophic levels of pollution only cautions "public health emergency" requiring ‘full emergency mode response from local/national authorities. In response to this, the country’s immediate aid seeks efforts of the most promising air-purifier industry that is all set to reach $39 million by 2023, with its market forecast to grow up to 40 percent by 2020. Taking advantage of the opportunity, dire need and the trending tech-boom, air-purifier...Read More
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Categorized broadly under active, passive, electromechanical and associate components, the electronic components market in India is presently beholding impressive growth rates. The various factors attributing to this fast-growth of electronic components include increase in local demand, disposable incomes, adoption of high-end technology devices, tech-driven transformations and also the Government’s multiple initiatives. In fact, India is well-poised to grow in tandem with the global electronic components market which is forecasted to reach $191.8 billion by 2022 (survey by Global Industry Analyst Inc.)....Read More
Manufacturing industry in India has emerged as one of the highest growing sectors with a potential to reach $1 trillion by 2025. The country has become an attractive hub for foreign investments in the manufacturing sector. Several mobile phone, luxury and automobile brands, among others, have set up or are looking to establish their manufacturing bases in the country. Yet, with growing opportunities, the industry is facing challenges at the same time. The need to control costs continues to be a priority for manufacturers, while new technologies enter the landscape providing revenue opportunities but requiring...Read More
To satisfy the taste buds in the most convenient way possible, majority of the people today are highly inclined towards the world of frozen foods. Despite the times when we ignored those dedicated aisles for frozen foods in the grocery store, the urge to savour the frozen foods never actually ceased in us! While the misconception that frozen foods are unhealthy prevails, multiple nutritionists and researchers have established the fact that these foods have utmost goodness and nutrition, unlike its fresh counterparts. But too much of anything is never good! Moreover, the frozen foods market in India has reached...Read More
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India is one of the world’s fastest growing confectionery markets with a huge sweet-tooth populace and a hub for chocolate patrons. Being a land of festivals and unending ceremonious occasions, food confectionery is a definite add-on to menus irrespective of any custom or tradition. This prospect only deepens the need for the industry’s growth also inviting several international players to find a spot in the market, as a result of its huge consumption factor. Moreover, while the global market hosts a snail-paced growth, India’s market defies the odds with its humungous volumes of...Read More
The Indian logistics industry consisting of road, air, water and rail, is expected to reach $300 billion by 2020, growing at a CARG of 1.5 percent (according to ASSOCHAM). However to handle the growing necessity, significant logistic service providers are needed but in India, the sector is still (to a large extent) run by unorganized players. As a consequence, the industry faces numerousdilemmas including high cost of logistics, impacting competitiveness in domestic and global market, improper material handling infrastructure, fragmented warehousing and lack of seamless movement of goods across modes,...Read More
According to the latest report of Market Research Future, the industrial lighting market is expected to reach $13.17 billion by 2023, growing at a CAGR of 7.82 percent (2017-2023). The major drivers for the market include modernization & infrastructural development and growing demand for energy-efficient lighting systems across diversified industrial sectors. However, the lower operational costs and reduced heat losses of industrial lighting make them a suitable replacement for incandescent lights.
Several industries have distinct lighting specification that differs from specialized task lighting to...Read More
Regular configuration and maintenance of existing infrastructure is crucial for any business to differentiate and also succeed in the fast-paced market today. During this pursuit, the primordial goal of most businesses is to maximize the overall output of the equipment besides achieving effective operation and low downtime. Hence, the need comes to nail the perfect calibration of equipment by emphasizing on preventive maintenance, adherence to stringent Government regulations andawareness with regards to quality, time and again. Analyzed under the categories – electrical, mechanical, thermodynamic and...Read More
Livestock plays an essential role in the Indian economy and contributes 4.11 percent of GDP & 25.6 percent of total Agriculture GDP. A large number of farmers in India depend on animal husbandry for their livelihood. For instance, small & semi-medium farmers with average operational holdings of an area less than four hectares own about 87.7 percent of the livestock of the country. It also bestows employment to about 8.8 percent of the Indian population.
Livestock development in India has shown steady growth over the years, thanks to research & development projects of India government, and...Read More
Jim Rohn, a renowned entrepreneur once said, “Take care of your body; it is the only place you have to live”, and this quote makes more sense today than ever before. As popular culture is driven by fitness aficionados who are avidly health conscious and cogitating their diet habits carefully, corporate companies are gradually but definitely driven toward hiring catering services to take care of this fad. Spending nearly half of their lives in the office environment, employees lack time and resources to stay healthy and this is where Corporate Catering Services comes into picture.
Expected to...Read More
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