This document discusses challenges faced by small and medium enterprises (SMEs) in India in adopting enterprise resource planning (ERP) systems. SMEs are an important part of the Indian economy, contributing about 17% to GDP. However, adoption of IT and ERP systems among SMEs has been unsatisfactory. The document outlines issues that Indian SMEs face in ERP implementation such as lack of skills, resources, and infrastructure. It also discusses challenges SMEs face in areas like financing, skills, production capacity, and accessing global markets. ERP systems could help increase SME efficiency and productivity if implemented successfully despite these challenges.
Difficulties Small Business Face Due to Marekt Conditionsijtsrd
Micro, Small and Medium Enterprise (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The researcher has tried to find out the possible difficulties that small enterprises face in the market. The reasons behind the failure of maximum small enterprises in Indian market. The market policies which effect such businesses and also the steps taken by the government to relief the small market enterprises. Some of the important policies have been discussed in the paper introduced by the government or which already exists. The researcher has tried to give solutions to solve such problems incurred by the SME'. The researcher has tried to find the existing governmental policies which will ease in doing business and also provide suggestions to solve the problems being faced by such business organisations. Arihant Agrawal"Difficulties Small Business Face Due to Marekt Conditions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd17022.pdf http://www.ijtsrd.com/management/operations-management/17022/difficulties-small-business-face-due-to-marekt-conditions/arihant-agrawal
The Indian MSME sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 48.8 million units throughout the geographical expanse of the country, MSMEs contribute around 7% of the manufacturing GDP and 31% of the GDP from service activities as well as 37% of India s manufacturing output and 40% of the overall exports.
Micro Small and Medium Enterprise Funding - Opportunities and ChallengesResurgent India
What are MSMEs, Why are they Important, What is their role in the Economy and What are the Opportunities and Challenges related to Funding in the Sector? This Research Report from Resurgent India highlights the Opportunities and Challenges along with Suggestions for MSME Funding.
Micro, Small and Medium Enterprises, Key Government Schemes and Initiatives to support MSMEs, Current Financing Landscape for MSMEs, Issues and Challenges for MSMEs
Themicro, small and medium Enterprises (MSMEs) are the growth accelerators of the Indian economy and for promoting equitable development. The MSME contributes about 30% of the country’s gross domestic product (GDP). In terms of exports, they are an integral part of the supply chain and contribute about 40% of the overall exports.Micro Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The study aims to analyse the sustainability and success of MSME in India
The document discusses the Indian government's "Make in India" initiative launched in 2014 to promote manufacturing in India. The goal is to increase the manufacturing sector's contribution to GDP to 25% by 2025 from 16% currently. The initiative aims to attract foreign investments, foster innovation, build infrastructure, and develop workforce skills in 25 key sectors. Reforms have simplified business regulations and improved ease of doing business. Significant progress has been made, with record foreign direct investment inflows and manufacturing growth outperforming other sectors.
This document discusses small scale industries in India. It defines small scale industries as those with investments in plant and machinery up to Rs. 1 Crore that produce a variety of goods and services. Small scale industries play a vital role in India's economy by generating employment, utilizing local resources, and promoting balanced economic growth. They are an important sector from both financial and social perspectives. The document outlines the classification, objectives, examples, characteristics, and importance of small scale industries in India's development.
The document discusses MSMEs (micro, small and medium enterprises) in India, including their importance, characteristics, barriers to growth, and strategies for growth. It notes that MSMEs employ over 60 million people and contribute significantly to India's GDP and exports. However, their share of industrial output, employment, and value of production has reduced since economic liberalization in the 1990s. The document outlines barriers to MSME growth such as access to financing and technology. It suggests strategies for organic growth like developing new products/markets/customers, and inorganic growth through mergers, acquisitions, and partnerships.
Difficulties Small Business Face Due to Marekt Conditionsijtsrd
Micro, Small and Medium Enterprise (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The researcher has tried to find out the possible difficulties that small enterprises face in the market. The reasons behind the failure of maximum small enterprises in Indian market. The market policies which effect such businesses and also the steps taken by the government to relief the small market enterprises. Some of the important policies have been discussed in the paper introduced by the government or which already exists. The researcher has tried to give solutions to solve such problems incurred by the SME'. The researcher has tried to find the existing governmental policies which will ease in doing business and also provide suggestions to solve the problems being faced by such business organisations. Arihant Agrawal"Difficulties Small Business Face Due to Marekt Conditions" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-5 , August 2018, URL: http://www.ijtsrd.com/papers/ijtsrd17022.pdf http://www.ijtsrd.com/management/operations-management/17022/difficulties-small-business-face-due-to-marekt-conditions/arihant-agrawal
The Indian MSME sector is the backbone of the national economic structure and has unremittingly acted as the bulwark for the Indian economy, providing it resilience to ward off global economic shocks and adversities. With around 48.8 million units throughout the geographical expanse of the country, MSMEs contribute around 7% of the manufacturing GDP and 31% of the GDP from service activities as well as 37% of India s manufacturing output and 40% of the overall exports.
Micro Small and Medium Enterprise Funding - Opportunities and ChallengesResurgent India
What are MSMEs, Why are they Important, What is their role in the Economy and What are the Opportunities and Challenges related to Funding in the Sector? This Research Report from Resurgent India highlights the Opportunities and Challenges along with Suggestions for MSME Funding.
Micro, Small and Medium Enterprises, Key Government Schemes and Initiatives to support MSMEs, Current Financing Landscape for MSMEs, Issues and Challenges for MSMEs
Themicro, small and medium Enterprises (MSMEs) are the growth accelerators of the Indian economy and for promoting equitable development. The MSME contributes about 30% of the country’s gross domestic product (GDP). In terms of exports, they are an integral part of the supply chain and contribute about 40% of the overall exports.Micro Small and Medium Enterprises (MSME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy over the last five decades. MSMEs not only play crucial role in providing large employment opportunities at comparatively lower capital cost than large industries but also help in industrialization of rural & backward areas, thereby, reducing regional imbalances, assuring more equitable distribution of national income and wealth. MSMEs are complementary to large industries as ancillary units and this sector contributes enormously to the socio-economic development of the country. The study aims to analyse the sustainability and success of MSME in India
The document discusses the Indian government's "Make in India" initiative launched in 2014 to promote manufacturing in India. The goal is to increase the manufacturing sector's contribution to GDP to 25% by 2025 from 16% currently. The initiative aims to attract foreign investments, foster innovation, build infrastructure, and develop workforce skills in 25 key sectors. Reforms have simplified business regulations and improved ease of doing business. Significant progress has been made, with record foreign direct investment inflows and manufacturing growth outperforming other sectors.
This document discusses small scale industries in India. It defines small scale industries as those with investments in plant and machinery up to Rs. 1 Crore that produce a variety of goods and services. Small scale industries play a vital role in India's economy by generating employment, utilizing local resources, and promoting balanced economic growth. They are an important sector from both financial and social perspectives. The document outlines the classification, objectives, examples, characteristics, and importance of small scale industries in India's development.
The document discusses MSMEs (micro, small and medium enterprises) in India, including their importance, characteristics, barriers to growth, and strategies for growth. It notes that MSMEs employ over 60 million people and contribute significantly to India's GDP and exports. However, their share of industrial output, employment, and value of production has reduced since economic liberalization in the 1990s. The document outlines barriers to MSME growth such as access to financing and technology. It suggests strategies for organic growth like developing new products/markets/customers, and inorganic growth through mergers, acquisitions, and partnerships.
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a crucial role in the Indian economy by providing employment, promoting industrialization in rural areas, and contributing to socioeconomic development. MSMEs account for a significant portion of India's manufacturing output, exports, and employment. The Micro, Small and Medium Enterprises Development Act of 2006 aims to facilitate the promotion and development of MSMEs in India. MSMEs are classified based on investment levels, and registration provides various benefits.
Role of msme in indian economic developmentKushal Kumar
This document discusses the role of micro, small, and medium enterprises (MSMEs) in India's economic development. Some key points:
1) MSMEs are a major source of employment in India, providing millions of jobs and playing an important role in reducing poverty.
2) They account for about 45% of manufacturing output and 40% of exports in India. MSMEs employ over 60 million people across more than 26 million units.
3) The number of MSMEs, production, employment, exports, and investments have all steadily increased over the past few decades, demonstrating their significant contributions to India's economic growth.
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The document summarizes opportunities for growth in the MSME sector in India across various industries. It highlights that the MSME sector contributes significantly to India's GDP, exports, and employment. Key opportunities for MSMEs mentioned include in the electronics systems design and manufacturing industry, IT/ITeS sector, pharmaceutical industry, auto components sector, and other growing sectors like railways and defense. The document also outlines various government policies and initiatives to support the growth and development of MSMEs in India.
Sourajit Aiyer - GSCGI WealthGram, Switzerland - What India’s leading Prime M...South Asia Fast Track
The document analyzes what India's three leading prime ministerial candidates - Rahul Gandhi, Narendra Modi, and Arvind Kejriwal - may mean for India's economy if elected. It discusses their stances on economic growth, fiscal deficit, jobs, infrastructure, corruption and other issues. Gandhi emphasizes social welfare programs, Modi favors commerce-led growth, and Kejriwal focuses on clean governance. The economy faces challenges like slowing growth, high inflation, and job shortage. The candidates offer different visions but all aim to revive the economy.
The document discusses entrepreneurship in India, noting there are ample small business opportunities but support is needed from the government and society. It outlines various government organizations that promote industries and entrepreneurship through training and funding. These include groups at the national, state, and local levels. The document also discusses industry associations that help entrepreneurs and steer policy, as well as development organizations that provide training and support for new businesses. It concludes that increasing entrepreneurship is key to fighting unemployment and poverty in India.
1. The document discusses the MSME sector in India, noting that it plays a pivotal role in economic and social development by generating employment and contributing to industrial production and exports.
2. It provides an overview of recent government initiatives to promote the MSME sector, including constituting a task force and council to develop policies and review the sector's growth.
3. While globalization has increased competition, the government is developing strategies to support MSME competitiveness through initiatives like improving access to funds, technology upgrades, and developing incubation infrastructure.
This document outlines the strategic action plan of the Ministry of Micro, Small and Medium Enterprises in India. It discusses the context and role of MSMEs in India's economy. It then outlines the ministry's vision to support a vibrant MSME sector. The document assesses the current situation of MSMEs, including external factors impacting them, key stakeholders, and strengths and weaknesses of the sector. It identifies areas for the ministry to focus on in order to better promote the growth and development of MSMEs in India.
Performance analysis of msme with respect to indianDiPesh KaneRiya
- Small and medium enterprises play a vital role in the Indian economy by contributing nearly half of industrial output, exports, and employment. They produce over 8,000 products and create one million jobs annually.
- The document analyzes the performance of MSMEs in India with respect to their contribution to GDP and various industries. It also defines MSME classifications and discusses factors affecting their growth like lack of market knowledge, infrastructure, financing, and technology.
- Government efforts to promote MSMEs include industrial services, credit facilities, training, and incentives. Analysis shows constant high growth rates from 2007-2012 and increasing employment in the sector. In conclusion, MSMEs significantly contribute to the economy but lack of awareness among
1. The document discusses the Micro, Small and Medium Enterprises (MSME) sector in India, including its definition, role, performance, government policies, and problems.
2. It notes that MSMEs contribute significantly to India's GDP, exports, manufacturing output, and employment. However, they also face problems like access to finance, technology, and markets.
3. The government has implemented various policies and programs to promote the MSME sector through improved access to credit, infrastructure, and skills training. However, challenges remain around access to new technologies and markets for MSMEs.
This document discusses Micro, Small, and Medium Enterprises (MSMEs) in India. It defines MSMEs based on the number of employees and investment levels. In India, MSMEs are defined by investment levels in plant/machinery or equipment, with micro enterprises having less than 25 lakh investment, small between 25 lakh to 5 crore, and medium more than 5 crore to 10 crore. MSMEs make up 13 million units employing over 42 million people and contribute significantly to manufacturing, exports, and GDP. The government supports MSMEs through various schemes for credit, technology, marketing, exports, and cluster development.
This document provides an executive summary of recommendations for promoting growth of the Micro, Small and Medium Enterprises (MSME) sector in India during the 12th Five Year Plan (2012-2017). It discusses the background and importance of the MSME sector as well as related sectors like Khadi, Village Industries and Coir. It outlines the process undertaken by the Working Group to study issues and formulate recommendations, including constituting 11 sub-groups. The key recommendations focus on six major verticals to promote MSME growth: Credit & Finance, Technology, Infrastructure, Marketing & Procurement, Skill Development & Training, and Institutional Structure. Separate recommendations are also provided for the Khadi & Village Industries and Coir
This document analyzes the role of MSMEs in the Indian economy before and after the COVID-19 pandemic. It finds that MSMEs contribute 30-40% of India's GDP and provide the highest rates of employment. However, the pandemic severely impacted MSMEs. The government launched several measures like credit guarantees and delayed loan repayments to support MSMEs. There is an expectation that MSMEs will help revitalize the economy by boosting demand, employment, and reducing imports. Suggestions include efficiently allocating relief funds, promoting local production and exports, and developing rural enterprises.
The West Bengal government, led by Marxists, has shifted from an investor-unfriendly stance to one that welcomes foreign investment. This is due to efforts to boost the state's economy through new industry-friendly policies, improved infrastructure, and a productive workforce. Chief Minister Buddhadeb Bhattacharya acknowledges that the state must change with the times to provide prosperity. Foreign and domestic investors are increasingly viewing West Bengal as an emerging industrial hub in India, impressed by the government's proactive efforts to attract investment and partner with businesses.
The Make in India initiative was launched in 2014 to encourage manufacturing companies to produce goods in India and increase investment in the manufacturing sector. It aims to make India a global hub for manufacturing. Key objectives include creating jobs, promoting economic development, and gaining global recognition. The campaign will provide skills training programs, focus on 25 sectors like defense and automobiles, and open over 1000 new training centers in the next two years to develop a skilled workforce. It also simplifies processes like environmental clearances and introduces reforms like increased FDI limits to improve India's business climate and attract more foreign investment for manufacturing in India.
The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage manufacturing in India and attract foreign investment. It aims to transform India into a global manufacturing hub by offering incentives to both domestic and foreign companies. Key sectors being promoted include automobiles, aviation, biotechnology, and renewable energy. Major industrial corridors are being developed to cluster manufacturing activities. Several policies have been introduced to improve ease of doing business and allow 100% FDI in most sectors. Many large companies like Foxconn, Huawei, and Samsung have announced plans to invest billions in manufacturing plants in India, showing initial promise for the Make in India campaign.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This document summarizes the preparation, characterization, and application of ultrafiltration (UF) membranes. It discusses that UF membranes are used to separate macromolecules and suspended solids from water and other liquids. The key materials used for UF membrane preparation are polysulfone, polyacrylonitrile, cellulose acetate, and aromatic polyamides. Membranes are typically prepared using the phase inversion method, which involves transforming a polymer solution into a solid membrane through controlled liquid-liquid demixing and solidification. The document also outlines various characterization techniques and applications of UF membranes in areas like protein separation and wastewater treatment.
This document summarizes a research paper on a relational database watermarking technique using clustering. The proposed technique clusters database tuples before embedding and detecting a watermark. It uses Mahalanobis distance to measure tuple similarity during clustering. The watermark is then embedded and detected within each cluster by modifying the least significant bits of numeric fields. Majority decision is used in blind detection to determine watermark bits. The technique aims to improve watermark robustness against database operations while maintaining reversibility.
The document summarizes a study on groundwater contamination due to leachate seepage from the Urali Devachi landfill site in Pune, India. Samples were collected from 8 groundwater wells around the landfill and tested for various chemical and biological parameters. Test results showed that parameters like chloride, pH, hardness exceeded safe drinking water limits in wells located within 1km of the landfill. A groundwater modeling software was also used to simulate chloride transport in the aquifer, which showed results matching observed field values. The study concluded that unscientific waste disposal at the landfill is responsible for degrading local groundwater quality over time.
The document discusses Micro, Small and Medium Enterprises (MSMEs) in India. It notes that MSMEs play a crucial role in the Indian economy by providing employment, promoting industrialization in rural areas, and contributing to socioeconomic development. MSMEs account for a significant portion of India's manufacturing output, exports, and employment. The Micro, Small and Medium Enterprises Development Act of 2006 aims to facilitate the promotion and development of MSMEs in India. MSMEs are classified based on investment levels, and registration provides various benefits.
Role of msme in indian economic developmentKushal Kumar
This document discusses the role of micro, small, and medium enterprises (MSMEs) in India's economic development. Some key points:
1) MSMEs are a major source of employment in India, providing millions of jobs and playing an important role in reducing poverty.
2) They account for about 45% of manufacturing output and 40% of exports in India. MSMEs employ over 60 million people across more than 26 million units.
3) The number of MSMEs, production, employment, exports, and investments have all steadily increased over the past few decades, demonstrating their significant contributions to India's economic growth.
MSME Sector - Growth, Challenges & Opportunities Resurgent India
The document summarizes opportunities for growth in the MSME sector in India across various industries. It highlights that the MSME sector contributes significantly to India's GDP, exports, and employment. Key opportunities for MSMEs mentioned include in the electronics systems design and manufacturing industry, IT/ITeS sector, pharmaceutical industry, auto components sector, and other growing sectors like railways and defense. The document also outlines various government policies and initiatives to support the growth and development of MSMEs in India.
Sourajit Aiyer - GSCGI WealthGram, Switzerland - What India’s leading Prime M...South Asia Fast Track
The document analyzes what India's three leading prime ministerial candidates - Rahul Gandhi, Narendra Modi, and Arvind Kejriwal - may mean for India's economy if elected. It discusses their stances on economic growth, fiscal deficit, jobs, infrastructure, corruption and other issues. Gandhi emphasizes social welfare programs, Modi favors commerce-led growth, and Kejriwal focuses on clean governance. The economy faces challenges like slowing growth, high inflation, and job shortage. The candidates offer different visions but all aim to revive the economy.
The document discusses entrepreneurship in India, noting there are ample small business opportunities but support is needed from the government and society. It outlines various government organizations that promote industries and entrepreneurship through training and funding. These include groups at the national, state, and local levels. The document also discusses industry associations that help entrepreneurs and steer policy, as well as development organizations that provide training and support for new businesses. It concludes that increasing entrepreneurship is key to fighting unemployment and poverty in India.
1. The document discusses the MSME sector in India, noting that it plays a pivotal role in economic and social development by generating employment and contributing to industrial production and exports.
2. It provides an overview of recent government initiatives to promote the MSME sector, including constituting a task force and council to develop policies and review the sector's growth.
3. While globalization has increased competition, the government is developing strategies to support MSME competitiveness through initiatives like improving access to funds, technology upgrades, and developing incubation infrastructure.
This document outlines the strategic action plan of the Ministry of Micro, Small and Medium Enterprises in India. It discusses the context and role of MSMEs in India's economy. It then outlines the ministry's vision to support a vibrant MSME sector. The document assesses the current situation of MSMEs, including external factors impacting them, key stakeholders, and strengths and weaknesses of the sector. It identifies areas for the ministry to focus on in order to better promote the growth and development of MSMEs in India.
Performance analysis of msme with respect to indianDiPesh KaneRiya
- Small and medium enterprises play a vital role in the Indian economy by contributing nearly half of industrial output, exports, and employment. They produce over 8,000 products and create one million jobs annually.
- The document analyzes the performance of MSMEs in India with respect to their contribution to GDP and various industries. It also defines MSME classifications and discusses factors affecting their growth like lack of market knowledge, infrastructure, financing, and technology.
- Government efforts to promote MSMEs include industrial services, credit facilities, training, and incentives. Analysis shows constant high growth rates from 2007-2012 and increasing employment in the sector. In conclusion, MSMEs significantly contribute to the economy but lack of awareness among
1. The document discusses the Micro, Small and Medium Enterprises (MSME) sector in India, including its definition, role, performance, government policies, and problems.
2. It notes that MSMEs contribute significantly to India's GDP, exports, manufacturing output, and employment. However, they also face problems like access to finance, technology, and markets.
3. The government has implemented various policies and programs to promote the MSME sector through improved access to credit, infrastructure, and skills training. However, challenges remain around access to new technologies and markets for MSMEs.
This document discusses Micro, Small, and Medium Enterprises (MSMEs) in India. It defines MSMEs based on the number of employees and investment levels. In India, MSMEs are defined by investment levels in plant/machinery or equipment, with micro enterprises having less than 25 lakh investment, small between 25 lakh to 5 crore, and medium more than 5 crore to 10 crore. MSMEs make up 13 million units employing over 42 million people and contribute significantly to manufacturing, exports, and GDP. The government supports MSMEs through various schemes for credit, technology, marketing, exports, and cluster development.
This document provides an executive summary of recommendations for promoting growth of the Micro, Small and Medium Enterprises (MSME) sector in India during the 12th Five Year Plan (2012-2017). It discusses the background and importance of the MSME sector as well as related sectors like Khadi, Village Industries and Coir. It outlines the process undertaken by the Working Group to study issues and formulate recommendations, including constituting 11 sub-groups. The key recommendations focus on six major verticals to promote MSME growth: Credit & Finance, Technology, Infrastructure, Marketing & Procurement, Skill Development & Training, and Institutional Structure. Separate recommendations are also provided for the Khadi & Village Industries and Coir
This document analyzes the role of MSMEs in the Indian economy before and after the COVID-19 pandemic. It finds that MSMEs contribute 30-40% of India's GDP and provide the highest rates of employment. However, the pandemic severely impacted MSMEs. The government launched several measures like credit guarantees and delayed loan repayments to support MSMEs. There is an expectation that MSMEs will help revitalize the economy by boosting demand, employment, and reducing imports. Suggestions include efficiently allocating relief funds, promoting local production and exports, and developing rural enterprises.
The West Bengal government, led by Marxists, has shifted from an investor-unfriendly stance to one that welcomes foreign investment. This is due to efforts to boost the state's economy through new industry-friendly policies, improved infrastructure, and a productive workforce. Chief Minister Buddhadeb Bhattacharya acknowledges that the state must change with the times to provide prosperity. Foreign and domestic investors are increasingly viewing West Bengal as an emerging industrial hub in India, impressed by the government's proactive efforts to attract investment and partner with businesses.
The Make in India initiative was launched in 2014 to encourage manufacturing companies to produce goods in India and increase investment in the manufacturing sector. It aims to make India a global hub for manufacturing. Key objectives include creating jobs, promoting economic development, and gaining global recognition. The campaign will provide skills training programs, focus on 25 sectors like defense and automobiles, and open over 1000 new training centers in the next two years to develop a skilled workforce. It also simplifies processes like environmental clearances and introduces reforms like increased FDI limits to improve India's business climate and attract more foreign investment for manufacturing in India.
The Make in India initiative was launched in 2014 by Prime Minister Modi to encourage manufacturing in India and attract foreign investment. It aims to transform India into a global manufacturing hub by offering incentives to both domestic and foreign companies. Key sectors being promoted include automobiles, aviation, biotechnology, and renewable energy. Major industrial corridors are being developed to cluster manufacturing activities. Several policies have been introduced to improve ease of doing business and allow 100% FDI in most sectors. Many large companies like Foxconn, Huawei, and Samsung have announced plans to invest billions in manufacturing plants in India, showing initial promise for the Make in India campaign.
International Journal of Business and Management Invention (IJBMI)inventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
This document summarizes the preparation, characterization, and application of ultrafiltration (UF) membranes. It discusses that UF membranes are used to separate macromolecules and suspended solids from water and other liquids. The key materials used for UF membrane preparation are polysulfone, polyacrylonitrile, cellulose acetate, and aromatic polyamides. Membranes are typically prepared using the phase inversion method, which involves transforming a polymer solution into a solid membrane through controlled liquid-liquid demixing and solidification. The document also outlines various characterization techniques and applications of UF membranes in areas like protein separation and wastewater treatment.
This document summarizes a research paper on a relational database watermarking technique using clustering. The proposed technique clusters database tuples before embedding and detecting a watermark. It uses Mahalanobis distance to measure tuple similarity during clustering. The watermark is then embedded and detected within each cluster by modifying the least significant bits of numeric fields. Majority decision is used in blind detection to determine watermark bits. The technique aims to improve watermark robustness against database operations while maintaining reversibility.
The document summarizes a study on groundwater contamination due to leachate seepage from the Urali Devachi landfill site in Pune, India. Samples were collected from 8 groundwater wells around the landfill and tested for various chemical and biological parameters. Test results showed that parameters like chloride, pH, hardness exceeded safe drinking water limits in wells located within 1km of the landfill. A groundwater modeling software was also used to simulate chloride transport in the aquifer, which showed results matching observed field values. The study concluded that unscientific waste disposal at the landfill is responsible for degrading local groundwater quality over time.
This document reviews the effect of knitted composite structure and properties. It finds that tensile strength is highest for plain knits with longer loop lengths and lower stitch densities, which reduces stress concentrations. Compressive strength improves slightly with these same parameters as they allow for higher fiber buckling loads. Modulus is largely independent of structure. Overall, knitted composites have properties dominated by the matrix, but structure can be optimized to improve strengths by reducing stress concentrations.
This document summarizes a research paper on identifying factors related to the adoption of green manufacturing practices among small and medium enterprises (SMEs) in India. It discusses how analytic hierarchy process was used to validate scales for measuring identified factors. The research established that green manufacturing relates to green product design, raw materials, processes, technology, packaging and packaging design. It also reviews prior literature on green manufacturing, identifying gaps such as a lack of empirical studies conducted in India.
This document reviews alternative thermal barrier coatings for diesel engines. It discusses how thermal barrier coatings can increase combustion chamber temperatures, improving engine efficiency and reducing emissions. Several alternative coating materials are described that have properties suitable for thermal barrier coatings, such as low thermal conductivity and high thermal stability at high temperatures. These include zirconates, garnets, yttria stabilized zirconia, and oxides from the alumina-silica-magnesia system like cordierite, forsterite, spinel, and mullite. The document also reviews the potential benefits of thermal barrier coatings, such as reduced fuel consumption and increased engine efficiency, as well as some challenges in fully realizing these benefits.
This document describes the design of a voice touch screen display device for blind students. The device uses a resistive touch screen interfaced with an ARM processor to allow visually impaired users to interact with and access educational content stored on an SD card. When a user touches areas of the screen guided by pointers, the selected content is announced verbally via a speaker system. The touch inputs are processed by the ARM processor which retrieves the appropriate audio files from the SD card to provide a natural interface for blind children to access educational activities independently.
This document summarizes a survey on attacks against mobile ad hoc networks (MANETs). It begins with an introduction to MANETs and discusses their unique characteristics and vulnerabilities. It then categorizes the different types of attacks that can occur in MANETs based on their nature (active vs passive), location (external vs internal), and which layer of the protocol stack they target (physical, data link, network, transport, etc.). Specific attacks are defined at each level. The document aims to provide an overview of the security issues in MANETs and different classifications of attacks.
This study examined the scientific attitude of 9th class students based on management, locality, and sex. 300 9th class students were surveyed using a scientific attitude test. The study found that:
1. Management and sex had a significant influence on scientific attitude, with government school students and female students having higher scientific attitudes.
2. Locality did not have a significant influence on scientific attitude.
3. The study concluded that sex, management, and locality should be considered to improve science education and foster scientific attitude among students. Teachers should work to create interest in science for all students.
This document summarizes an experimental investigation into the energy stored in a flywheel motor system with multiple human operators. The study developed an experimental setup using elliptical and circular chainwheels connected to flywheels of varying mass. Trials were conducted with male riders of different weights and ages, measuring the revolutions and calculated energy stored for various gear ratios, flywheel masses, chainwheel types, rider weights and ages. The results showed that energy storage increased with rider weight up to 70kg, and was highest for riders aged 25-30 years. Elliptical chainwheels stored approximately 13% more energy than circular chainwheels. The study aims to optimize the performance of human-powered flywheel systems.
This document summarizes a journal article about a traffic light control system using radio frequency (RF) for emergency vehicles. The system uses an RF transmitter in emergency vehicles that sends a signal to an RF receiver at an intersection. When the receiver gets the emergency signal, it overrides the normal traffic light sequence and changes the light for the emergency vehicle to green for a set time. This allows emergency vehicles to pass through intersections more quickly. The system was tested up to a range of 20 meters outdoors and 30 meters indoors using a 434MHz RF module and PIC microcontroller. The system aims to help reduce accidents by giving emergency vehicles priority at traffic lights.
This document discusses applying a neural network approach to decision making in a self-organizing computing network (SOCN). It proposes using concepts from fuzzy logic and neural networks to build a computing network that can handle mixed data types, like symbolic and numeric data. The network would have input, hidden, and output layers connected by transfer functions. The hidden cells would self-organize based on training data to learn relationships between input and output cells. This approach aims to allow the network to make decisions on data sets with diverse attribute types in a more effective way than other techniques.
This document reviews various e-learning methodologies. It discusses asynchronous and synchronous learning methods. Asynchronous methods allow learners and instructors flexibility in time and location through tools like email and discussion forums. Synchronous methods require all participants to be online at the same time, using tools like video conferencing and real-time chat. The document also examines interactions between learners and instructors and among learners, noting benefits of both asynchronous flexibility and synchronous collaboration.
This document describes the fabrication of tin oxide (SnO2) thin films using the spray pyrolysis technique. Spray pyrolysis involves spraying a metal salt solution onto a heated substrate where the droplets undergo thermal decomposition to form an oxide thin film. The key deposition parameters that influence the thin film properties are substrate temperature, aerosol transport properties, and precursor decomposition behavior. Higher substrate temperatures result in rougher, more porous films with improved crystallinity and electrical properties. Proper control of deposition parameters allows for the fabrication of thin films with tailored optical and electrical characteristics using the low-cost spray pyrolysis method.
This document describes a proposed hybrid technique for automatic medical image classification and retrieval using information retrieval, support vector machines, and particle swarm optimization. Key aspects of the proposed approach include extracting low-level visual features from images like color, texture, shape and integrating them with semantic metadata. A content analysis system analyzes image descriptors and assigns semantic labels. Images are indexed and classified during a training phase. The proposed system aims to reduce the semantic gap between low-level features and high-level semantics by combining content-based image retrieval with text-based retrieval and machine learning algorithms.
This document describes two techniques for designing optical XNOR and NAND logic gates. The first technique uses a 2D array of coupled optical cavities with Kerr nonlinearity. Discrete cavity solitons are numerically simulated and used to demonstrate optical XNOR and NAND gates by controlling soliton interactions with a Gaussian beam. The second technique uses multi-mode interference waveguides to convert the phase of binary-phase-shift keying input signals to amplitude at the output, implementing optical XNOR and NAND logic. Numerical simulations using the finite element method show contrast ratios of 21.5 dB for the XNOR gate and 22.3 dB for the NAND gate.
This document summarizes current research on morphological analysis techniques for the Assamese language. It discusses prior work using rule-based and unsupervised methods for morphological analysis of several Indian languages, including Hindi, Bengali, Punjabi, Marathi, Tamil, Malayalam, Kannada, and Assamese. For Assamese specifically, it describes several studies that used suffix stripping and rule-based approaches to develop morphological analyzers, as well as some initial work on unsupervised techniques. The document concludes that while most existing work on Assamese has used supervised suffix stripping methods, unsupervised techniques show promise but have not been fully explored.
This document summarizes research into synthesizing a silicon carbide composite material for industrial applications. The composite is made up of silicon carbide particles reinforced with fibers, along with binders and fillers. The synthesis process is described in detail, including mixing the constituents, compacting them in a mold, and sintering the compact at increasing temperatures. The final composite material is then characterized through wear and friction tests to evaluate its potential for applications requiring high temperature resistance, such as brake pads and clutch plates.
This document summarizes a research paper that compares different digital filtering techniques for removing noise from electrocardiogram (ECG) signals. It describes how finite impulse response (FIR) filters were designed using various windowing techniques, including rectangular, Hamming, Hanning, and Blackman windows. Infinite impulse response (IIR) filters and wavelet transforms were also evaluated for denoising ECG signals. The performance of the different filtering approaches were compared based on the power spectral density and average power of the signals before and after filtering. The paper found that an FIR filter designed with the Kaiser window showed the best results for noise removal from ECG signals.
Micro, small and medium enterprises (MSMEs) play a crucial role in the Indian economy. They contribute 30% of India's GDP and around 45% of manufacturing output, employing over 11 crore people. However, MSMEs face several challenges including lack of access to adequate and timely credit due to insufficient collateral, outdated technology, infrastructure issues, and marketing difficulties due to limited resources and competition from large firms. The government has implemented various policies to address these problems and strengthen MSMEs, which are vital to employment, production and exports in India.
MSMEs role in driving the make in india initiativeSeilan Anbu
The document discusses the important role that Micro, Small, and Medium Enterprises (MSMEs) play in driving India's "Make in India" initiative, contributing approximately 45% of manufacturing output, 40% of exports, and employing over 36 million people. MSMEs promote balanced regional development, generate most non-farm jobs, and contribute to sustainable development. The government supports MSMEs through various programs and policies to strengthen the sector and help realize the growth opportunities it presents.
Role of sme’s in economic growth of india, SME ,MSMEVIJAY KAMBOJ
Small and medium enterprises (SMEs) are an important part of India's economy. They contribute significantly to manufacturing output, exports, employment generation, and economic growth. The MSME sector employs over 110 million people and India has over 63 million SMEs. SMEs face challenges accessing credit, infrastructure, technology, and markets. The government supports SMEs through organizations that provide financing, training, raw materials and help SMEs access domestic and international markets to realize their growth potential.
The document discusses the sustainability and success of MSMEs in India. Some key points:
- MSMEs are the backbone of India's socio-economic development, contributing about 30% of GDP and 40% of exports. They provide large employment opportunities.
- Recently, the government revised the classification criteria for MSMEs to include both investment levels and turnover.
- Studies have found that MSMEs have consistently contributed to the country's growth despite challenges. However, they need more support like access to finance, technology, and skills to improve competitiveness.
- Data shows that the number of MSME units and people employed has increased over time, but their contribution to GDP and exports has slowly
Explains how small sector is run in In India what is its role and how is it classified. How it contributes to national income and what are the challanges being faced by it
Growth and Future Prospects of MSME in IndiaIJAEMSJORNAL
This document summarizes a research paper on the growth and future prospects of micro, small, and medium enterprises (MSMEs) in India. Some key points:
1) MSMEs play a vital role in the Indian economy, contributing about 45% of manufacturing output, 40% of exports, and creating employment for around 70 million people.
2) Over the past decades, the number of MSMEs, employment, investment, and output have grown significantly at compound annual growth rates of 11-18%.
3) However, MSMEs face challenges such as lack of access to finance, low productivity, and technology issues that have hindered faster growth.
4) The Indian government has
Empowering MSMEs through financing and linkagesMisbah Hussain
This reports aims to help the MSME sector, especially in
east and north-eastern parts of the country, better
understand the challenges and devise strategies accordinglyto deal with the odds.
A study on problems and prospects of smesRam Kumar
The document discusses small and medium enterprises (SMEs) in India. It defines SMEs and describes their importance to the Indian economy, including generating employment and contributing to industrial output and GDP. SMEs face challenges such as lack of financing, outdated technology, and marketing problems. The government has implemented various support measures for SMEs but they still struggle with issues like delays in payments, global economic fluctuations, and lack of infrastructure. With opportunities in new sectors and less government intervention, SMEs have prospects for growth if they improve technology, management, and increase capacity utilization.
Micro, small and medium enterprises (MSMEs) are an important part of the Indian economy, contributing significantly to manufacturing output, exports, and employment. The MSMED Act of 2006 defines MSMEs based on investment levels in plant/machinery for manufacturing or services equipment. MSMEs play a key role in the Indian economy by generating large-scale employment, especially in rural areas, sustaining economic growth and increasing exports, and promoting inclusive growth by providing livelihoods. However, MSMEs face challenges related to access to finance, technology, skills, and markets. The government has introduced various initiatives to improve the competitiveness, access to credit, and overall business environment for MSMEs in India.
Growth of Micro, Small and Medium Enterprises in Manipurinventionjournals
Economic development and industrial development is considered as synonym and entrepreneurs play a major role in industrial development. Micro, Small and Medium Enterprises (MSMEs) extend to the necessary support and compliment to the beneficial effects of industrialization. Entrepreneurship is an important segment of economic growth and micro, small and medium enterprises play a key role in the industrialization of a state. It will also leads to economic development creating vast employment opportunities, redistribution of economic power and income, raising the standard of living for the people and also leads to reduction of regional imbalances, disparities in income, wealth and consumption etc. Manipur has got many areas of strength and opportunities that can raise the state into a developed state with the help of entrepreneurship and micro, small and medium enterprises are an important segment of the economy contributing substantially in the form of production, employment and exports. Numbers of registered industrial units fluctuates each year and this paper attempt to study the level of growth of these enterprises in the state. This paper also attempts to highlight the strength and weaknesses with the overview growth of micro, small and medium enterprises in Manipur.
MSm Es and their role in ensuring sustainable economic development in india c...prj_publication
This document summarizes a paper on the role of micro, small, and medium enterprises (MSMEs) in ensuring sustainable economic development in India. It discusses how MSMEs contribute significantly to industrial output, exports, employment, and product variety in India. MSMEs promote sustainable development by creating jobs, operating in rural areas, and empowering entrepreneurs. The document also analyzes MSME classification, statistics on their numbers, employment, investment, and output in India. It evaluates MSMEs' role in meeting sustainability goals like balanced economic growth, social equity, and environmental protection.
MSMEs play an important role in the Indian economy, contributing approximately 8% to GDP, 40% to manufacturing output, and 45% to exports. They emerged based on Gandhian principles and were encouraged by the MSME Act of 2006. Common challenges faced by MSMEs include lack of access to financing, raw materials, skilled labor, and effective marketing strategies. The government has implemented various schemes and programs to support MSME growth and address these challenges.
This document discusses Micro, Small and Medium Enterprises (MSMEs) in India and the Micro, Small and Medium Enterprises Development (MSMED) Act of 2006. It notes that MSMEs make up over 90% of enterprises worldwide, provide significant employment in India, and contribute around 6.11% to manufacturing GDP and 24.63% to services GDP. The MSMED Act defines micro, small, and medium enterprises based on their investment in plant and machinery or equipment. It aims to support the development of MSMEs and enhance their competitiveness through policies and coverage.
The document discusses the importance of MSMEs in the Indian economy. It notes that MSMEs account for 90% of businesses in India and employ 40% of the workforce. However, MSMEs face challenges accessing credit, infrastructure, technology, markets and skilled workers. The government has implemented various programs to support MSMEs, including Make in India, Startup India, and increasing the MSME budget. The Ministry of MSME focuses on improving access to finance, technology, infrastructure and markets to strengthen the sector. Overall the document emphasizes that a thriving MSME sector is crucial to India's economic growth and job creation.
An Overview of MSME Sector in India with Special Reference to the State of Ut...ijtsrd
MSMEs, considered as "Engines of Growth" are crucial for the economy of developing countries like India due to its potential of creating vast employment opportunities. This Sector has caught the attention of policy makers as it is labour intensive and has the potential of reducing the problem of regional imbalances, ensure financial independence of rural people and assist in sustainable development. The Micro, Small and Medium Enterprises in India is being largely viewed as vital to the economic growth of the country in the 21st century. The present paper will focus on existing scenario and trends of MSME in India. This paper studies the current status of MSME sector in India, its performance, various initiatives taken by the government to accelerate the growth of this sector, as well as the problems faced by the MSMEs in Indian economy. Additionally, this paper dedicates one section to the MSMEs sector in the state of Uttarakhand. The State of Uttarakhand is facing the dire problem of intense migration of people from the hilly terrain particularly due to lack of employment opportunities in the rural areas of Uttarakhand and Uttarakhand badly needs sustainable and inclusive industrial growth of all sub regions of the state. Hence, this paper also analyses the status of MSMEs in the state of Uttarakhand and outlines the problems faced and also recommends the measures that should be taken to promote this sector. The study is a review which was conducted with the help of secondary data retrieved from MSME Annual Reports, other government reports, newspapers and research papers. Simranjeet Kaur Virk | Pinnacci Negi "An Overview of MSME Sector in India with Special Reference to the State of Uttarakhand" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-2 , February 2019, URL: https://www.ijtsrd.com/papers/ijtsrd21520.pdf
Paper URL: https://www.ijtsrd.com/management/public-sector-management/21520/an-overview-of-msme-sector-in-india-with-special-reference-to-the-state-of-uttarakhand/simranjeet-kaur-virk
The Prospects and Problems of MSMEs sector in India an Analytical studyinventionjournals
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online.
39 progress and performance of micro, small and medium enterprises in indiachelliah paramasivan
The document discusses the progress and performance of micro, small, and medium enterprises (MSMEs) in India. It provides definitions and classifications of MSMEs according to the MSMED Act of 2006. MSMEs make up a large portion of total business in India, contributing about 45% of manufacturing output and 40% of exports. They are also a major employer, providing jobs to around 42 million people. However, most MSMEs are micro-enterprises and many operate in a traditional manner. The document suggests that more support is needed to help micro-enterprises modernize and grow. Overall, it concludes that MSMEs have performed steadily and are important for India's sustainable development, though continued efforts are still
Progress and performance of micro, small and medium enterprises in indiaRAVICHANDIRANG
Micro, small and medium enterprises are powerful segment of the industrial development of a country. These sectors performed well with multidimensional aspects of the socio-economic aspects. Growth and progress of MSME in India is an emerging aspects which directly associated with the sustainable development in the country. This article is focused on the Progress and Performance of Micro, Small and Medium Enterprises in India with reference to MSME in of India.
The document discusses the progress and performance of micro, small, and medium enterprises (MSMEs) in India. It provides definitions and classifications of MSMEs according to the MSMED Act of 2006. MSMEs make up a large portion of total business in India, contributing about 45% of manufacturing output and 40% of exports. They are also a major employer, providing jobs to around 42 million people. However, most MSMEs are micro-enterprises, and many operate in a traditional manner. The document suggests that more support is needed to help micro-enterprises modernize and grow. Overall, it concludes that MSMEs have performed steadily and are important for India's sustainable development, though continued efforts are
This document summarizes a research paper that examines pricing strategy in a two-stage supply chain consisting of a supplier and retailer. The supplier offers a credit period to the retailer, who then offers credit to customers. A mathematical model is formulated to maximize total profit for the integrated supply chain system. The model considers three cases based on the relative lengths of the credit periods offered at each stage. Equations are developed to represent the profit functions for the supplier, retailer and overall system in each case. The goal is to determine the optimal selling price that maximizes total integrated profit.
The document discusses melanoma skin cancer detection using a computer-aided diagnosis system based on dermoscopic images. It begins with an introduction to skin cancer and melanoma. It then reviews existing literature on automated melanoma detection systems that use techniques like image preprocessing, segmentation, feature extraction and classification. Features extracted in other studies include asymmetry, border irregularity, color, diameter and texture-based features. The proposed system collects dermoscopic images and performs preprocessing, segmentation, extracts 9 features based on the ABCD rule, and classifies images using a neural network classifier to detect melanoma. It aims to develop an automated diagnosis system to eliminate invasive biopsy procedures.
This document summarizes various techniques for image segmentation that have been studied and proposed in previous research. It discusses edge-based, threshold-based, region-based, clustering-based, and other common segmentation methods. It also reviews applications of segmentation in medical imaging, plant disease detection, and other fields. While no single technique can segment all images perfectly, hybrid and adaptive methods combining multiple approaches may provide better results. Overall, image segmentation remains an important but challenging task in digital image processing and computer vision.
This document presents a test for detecting a single upper outlier in a sample from a Johnson SB distribution when the parameters of the distribution are unknown. The test statistic proposed is based on maximum likelihood estimates of the four parameters (location, scale, and two shape) of the Johnson SB distribution. Critical values of the test statistic are obtained through simulation for different sample sizes. The performance of the test is investigated through simulation, showing it performs well at detecting outliers when the contaminant observation represents a large shift from the original distribution parameters. An example application to census data is also provided.
This document summarizes a research paper that proposes a portable device called the "Disha Device" to improve women's safety. The device has features like live location tracking, audio/video recording, automatic messaging to emergency contacts, a buzzer, flashlight, and pepper spray. It is designed using an Arduino microcontroller connected to GPS and GSM modules. When the button is pressed, it sends an alert message with the woman's location, sets off an alarm, activates the flashlight and pepper spray for self-defense. The goal is to provide women a compact, one-click safety system to help them escape dangerous situations or call for help with just a single press of a button.
- The document describes a study that constructed physical fitness norms for female students attending social welfare schools in Andhra Pradesh, India.
- Researchers tested 339 students in classes 6-10 on speed, strength, agility and flexibility tests. Tests included 50m run, bend and reach, medicine ball throw, broad jump, shuttle run, and vertical jump.
- The results showed that 9th class students had the best average time for the 50m run. 10th class students had the highest flexibility on average. Strength and performance generally improved with increased class level.
This document summarizes research on downdraft gasification of biomass. It discusses how downdraft gasifiers effectively convert solid biomass into a combustible producer gas. The gasification process involves pyrolysis and reactions between hot char and gases that produce CO, H2, and CH4. Downdraft gasifiers are well-suited for biomass gasification due to their simple design and ability to manage the gasification process with low tar production. The document also reviews previous studies on gasifier configuration upgrades and their impact on performance, and the principles of downdraft gasifier operation.
This document summarizes the design and manufacturing of a twin spindle drilling attachment. Key points:
- The attachment allows a drilling machine to simultaneously drill two holes in a single setting, improving productivity over a single spindle setup.
- It uses a sun and planet gear arrangement to transmit power from the main spindle to two drilling spindles.
- Components like gears, shafts, and housing were designed using Creo software and manufactured. Drill chucks, bearings, and bits were purchased.
- The attachment was assembled and installed on a vertical drilling machine. It is aimed at improving productivity in mass production applications by combining two drilling operations into one setup.
The document presents a comparative study of different gantry girder profiles for various crane capacities and gantry spans. Bending moments, shear forces, and section properties are calculated and tabulated for 'I'-section with top and bottom plates, symmetrical plate girder, 'I'-section with 'C'-section top flange, plate girder with rolled 'C'-section top flange, and unsymmetrical plate girder sections. Graphs of steel weight required per meter length are presented. The 'I'-section with 'C'-section top flange profile is found to be optimized for biaxial bending but rolled sections may not be available for all spans.
This document summarizes research on analyzing the first ply failure of laminated composite skew plates under concentrated load using finite element analysis. It first describes how a finite element model was developed using shell elements to analyze skew plates of varying skew angles, laminations, and boundary conditions. Three failure criteria (maximum stress, maximum strain, Tsai-Wu) were used to evaluate first ply failure loads. The minimum load from the criteria was taken as the governing failure load. The research aims to determine the effects of various parameters on first ply failure loads and validate the numerical approach through benchmark problems.
This document summarizes a study that investigated the larvicidal effects of Aegle marmelos (bael tree) leaf extracts on Aedes aegypti mosquitoes. Specifically, it assessed the efficacy of methanol extracts from A. marmelos leaves in killing A. aegypti larvae (at the third instar stage) and altering their midgut proteins. The study found that the leaf extract achieved 50% larval mortality (LC50) at a concentration of 49 ppm. Proteomic analysis of larval midguts revealed changes in protein expression levels after exposure to the extract, suggesting its bioactive compounds can disrupt the midgut. The aim is to identify specific inhibitor proteins in the midg
This document presents a system for classifying electrocardiogram (ECG) signals using a convolutional neural network (CNN). The system first preprocesses raw ECG data by removing noise and segmenting the signals. It then uses a CNN to extract features directly from the ECG data and classify arrhythmias without requiring complex feature engineering. The CNN architecture contains 11 convolutional layers and is optimized using techniques like batch normalization and dropout. The system was tested on ECG datasets and achieved classification accuracy of over 93%, demonstrating its effectiveness at automated ECG classification.
This document presents a new algorithm for extracting and summarizing news from online newspapers. The algorithm first extracts news related to the topic using keyword matching. It then distinguishes different types of news about the same topic. A term frequency-based summarization method is used to generate summaries. Sentences are scored based on term frequency and the highest scoring sentences are selected for the summary. The algorithm was evaluated on news datasets from various newspapers and showed good performance in intrinsic evaluation metrics like precision, recall and F-score. Thus, the proposed method can effectively extract and summarize online news for a given keyword or topic.
Harnessing WebAssembly for Real-time Stateless Streaming PipelinesChristina Lin
Traditionally, dealing with real-time data pipelines has involved significant overhead, even for straightforward tasks like data transformation or masking. However, in this talk, we’ll venture into the dynamic realm of WebAssembly (WASM) and discover how it can revolutionize the creation of stateless streaming pipelines within a Kafka (Redpanda) broker. These pipelines are adept at managing low-latency, high-data-volume scenarios.
TIME DIVISION MULTIPLEXING TECHNIQUE FOR COMMUNICATION SYSTEMHODECEDSIET
Time Division Multiplexing (TDM) is a method of transmitting multiple signals over a single communication channel by dividing the signal into many segments, each having a very short duration of time. These time slots are then allocated to different data streams, allowing multiple signals to share the same transmission medium efficiently. TDM is widely used in telecommunications and data communication systems.
### How TDM Works
1. **Time Slots Allocation**: The core principle of TDM is to assign distinct time slots to each signal. During each time slot, the respective signal is transmitted, and then the process repeats cyclically. For example, if there are four signals to be transmitted, the TDM cycle will divide time into four slots, each assigned to one signal.
2. **Synchronization**: Synchronization is crucial in TDM systems to ensure that the signals are correctly aligned with their respective time slots. Both the transmitter and receiver must be synchronized to avoid any overlap or loss of data. This synchronization is typically maintained by a clock signal that ensures time slots are accurately aligned.
3. **Frame Structure**: TDM data is organized into frames, where each frame consists of a set of time slots. Each frame is repeated at regular intervals, ensuring continuous transmission of data streams. The frame structure helps in managing the data streams and maintaining the synchronization between the transmitter and receiver.
4. **Multiplexer and Demultiplexer**: At the transmitting end, a multiplexer combines multiple input signals into a single composite signal by assigning each signal to a specific time slot. At the receiving end, a demultiplexer separates the composite signal back into individual signals based on their respective time slots.
### Types of TDM
1. **Synchronous TDM**: In synchronous TDM, time slots are pre-assigned to each signal, regardless of whether the signal has data to transmit or not. This can lead to inefficiencies if some time slots remain empty due to the absence of data.
2. **Asynchronous TDM (or Statistical TDM)**: Asynchronous TDM addresses the inefficiencies of synchronous TDM by allocating time slots dynamically based on the presence of data. Time slots are assigned only when there is data to transmit, which optimizes the use of the communication channel.
### Applications of TDM
- **Telecommunications**: TDM is extensively used in telecommunication systems, such as in T1 and E1 lines, where multiple telephone calls are transmitted over a single line by assigning each call to a specific time slot.
- **Digital Audio and Video Broadcasting**: TDM is used in broadcasting systems to transmit multiple audio or video streams over a single channel, ensuring efficient use of bandwidth.
- **Computer Networks**: TDM is used in network protocols and systems to manage the transmission of data from multiple sources over a single network medium.
### Advantages of TDM
- **Efficient Use of Bandwidth**: TDM all
Electric vehicle and photovoltaic advanced roles in enhancing the financial p...IJECEIAES
Climate change's impact on the planet forced the United Nations and governments to promote green energies and electric transportation. The deployments of photovoltaic (PV) and electric vehicle (EV) systems gained stronger momentum due to their numerous advantages over fossil fuel types. The advantages go beyond sustainability to reach financial support and stability. The work in this paper introduces the hybrid system between PV and EV to support industrial and commercial plants. This paper covers the theoretical framework of the proposed hybrid system including the required equation to complete the cost analysis when PV and EV are present. In addition, the proposed design diagram which sets the priorities and requirements of the system is presented. The proposed approach allows setup to advance their power stability, especially during power outages. The presented information supports researchers and plant owners to complete the necessary analysis while promoting the deployment of clean energy. The result of a case study that represents a dairy milk farmer supports the theoretical works and highlights its advanced benefits to existing plants. The short return on investment of the proposed approach supports the paper's novelty approach for the sustainable electrical system. In addition, the proposed system allows for an isolated power setup without the need for a transmission line which enhances the safety of the electrical network
A review on techniques and modelling methodologies used for checking electrom...nooriasukmaningtyas
The proper function of the integrated circuit (IC) in an inhibiting electromagnetic environment has always been a serious concern throughout the decades of revolution in the world of electronics, from disjunct devices to today’s integrated circuit technology, where billions of transistors are combined on a single chip. The automotive industry and smart vehicles in particular, are confronting design issues such as being prone to electromagnetic interference (EMI). Electronic control devices calculate incorrect outputs because of EMI and sensors give misleading values which can prove fatal in case of automotives. In this paper, the authors have non exhaustively tried to review research work concerned with the investigation of EMI in ICs and prediction of this EMI using various modelling methodologies and measurement setups.
Redefining brain tumor segmentation: a cutting-edge convolutional neural netw...IJECEIAES
Medical image analysis has witnessed significant advancements with deep learning techniques. In the domain of brain tumor segmentation, the ability to
precisely delineate tumor boundaries from magnetic resonance imaging (MRI)
scans holds profound implications for diagnosis. This study presents an ensemble convolutional neural network (CNN) with transfer learning, integrating
the state-of-the-art Deeplabv3+ architecture with the ResNet18 backbone. The
model is rigorously trained and evaluated, exhibiting remarkable performance
metrics, including an impressive global accuracy of 99.286%, a high-class accuracy of 82.191%, a mean intersection over union (IoU) of 79.900%, a weighted
IoU of 98.620%, and a Boundary F1 (BF) score of 83.303%. Notably, a detailed comparative analysis with existing methods showcases the superiority of
our proposed model. These findings underscore the model’s competence in precise brain tumor localization, underscoring its potential to revolutionize medical
image analysis and enhance healthcare outcomes. This research paves the way
for future exploration and optimization of advanced CNN models in medical
imaging, emphasizing addressing false positives and resource efficiency.
Using recycled concrete aggregates (RCA) for pavements is crucial to achieving sustainability. Implementing RCA for new pavement can minimize carbon footprint, conserve natural resources, reduce harmful emissions, and lower life cycle costs. Compared to natural aggregate (NA), RCA pavement has fewer comprehensive studies and sustainability assessments.
A SYSTEMATIC RISK ASSESSMENT APPROACH FOR SECURING THE SMART IRRIGATION SYSTEMSIJNSA Journal
The smart irrigation system represents an innovative approach to optimize water usage in agricultural and landscaping practices. The integration of cutting-edge technologies, including sensors, actuators, and data analysis, empowers this system to provide accurate monitoring and control of irrigation processes by leveraging real-time environmental conditions. The main objective of a smart irrigation system is to optimize water efficiency, minimize expenses, and foster the adoption of sustainable water management methods. This paper conducts a systematic risk assessment by exploring the key components/assets and their functionalities in the smart irrigation system. The crucial role of sensors in gathering data on soil moisture, weather patterns, and plant well-being is emphasized in this system. These sensors enable intelligent decision-making in irrigation scheduling and water distribution, leading to enhanced water efficiency and sustainable water management practices. Actuators enable automated control of irrigation devices, ensuring precise and targeted water delivery to plants. Additionally, the paper addresses the potential threat and vulnerabilities associated with smart irrigation systems. It discusses limitations of the system, such as power constraints and computational capabilities, and calculates the potential security risks. The paper suggests possible risk treatment methods for effective secure system operation. In conclusion, the paper emphasizes the significant benefits of implementing smart irrigation systems, including improved water conservation, increased crop yield, and reduced environmental impact. Additionally, based on the security analysis conducted, the paper recommends the implementation of countermeasures and security approaches to address vulnerabilities and ensure the integrity and reliability of the system. By incorporating these measures, smart irrigation technology can revolutionize water management practices in agriculture, promoting sustainability, resource efficiency, and safeguarding against potential security threats.
Using recycled concrete aggregates (RCA) for pavements is crucial to achieving sustainability. Implementing RCA for new pavement can minimize carbon footprint, conserve natural resources, reduce harmful emissions, and lower life cycle costs. Compared to natural aggregate (NA), RCA pavement has fewer comprehensive studies and sustainability assessments.
International Conference on NLP, Artificial Intelligence, Machine Learning an...gerogepatton
International Conference on NLP, Artificial Intelligence, Machine Learning and Applications (NLAIM 2024) offers a premier global platform for exchanging insights and findings in the theory, methodology, and applications of NLP, Artificial Intelligence, Machine Learning, and their applications. The conference seeks substantial contributions across all key domains of NLP, Artificial Intelligence, Machine Learning, and their practical applications, aiming to foster both theoretical advancements and real-world implementations. With a focus on facilitating collaboration between researchers and practitioners from academia and industry, the conference serves as a nexus for sharing the latest developments in the field.
ACEP Magazine edition 4th launched on 05.06.2024Rahul
This document provides information about the third edition of the magazine "Sthapatya" published by the Association of Civil Engineers (Practicing) Aurangabad. It includes messages from current and past presidents of ACEP, memories and photos from past ACEP events, information on life time achievement awards given by ACEP, and a technical article on concrete maintenance, repairs and strengthening. The document highlights activities of ACEP and provides a technical educational article for members.
CHINA’S GEO-ECONOMIC OUTREACH IN CENTRAL ASIAN COUNTRIES AND FUTURE PROSPECTjpsjournal1
The rivalry between prominent international actors for dominance over Central Asia's hydrocarbon
reserves and the ancient silk trade route, along with China's diplomatic endeavours in the area, has been
referred to as the "New Great Game." This research centres on the power struggle, considering
geopolitical, geostrategic, and geoeconomic variables. Topics including trade, political hegemony, oil
politics, and conventional and nontraditional security are all explored and explained by the researcher.
Using Mackinder's Heartland, Spykman Rimland, and Hegemonic Stability theories, examines China's role
in Central Asia. This study adheres to the empirical epistemological method and has taken care of
objectivity. This study analyze primary and secondary research documents critically to elaborate role of
china’s geo economic outreach in central Asian countries and its future prospect. China is thriving in trade,
pipeline politics, and winning states, according to this study, thanks to important instruments like the
Shanghai Cooperation Organisation and the Belt and Road Economic Initiative. According to this study,
China is seeing significant success in commerce, pipeline politics, and gaining influence on other
governments. This success may be attributed to the effective utilisation of key tools such as the Shanghai
Cooperation Organisation and the Belt and Road Economic Initiative.
CHINA’S GEO-ECONOMIC OUTREACH IN CENTRAL ASIAN COUNTRIES AND FUTURE PROSPECT
Paper id 27201411
1. International Journal of Research in Advent Technology, Vol.2, No.7, July 2014
E-ISSN: 2321-9637
22
ERP in Indian SMEs: Issues, challenges and Future
P. D. Deshmukh 1, V.R. Kalamkar 2, G. T. Thampi 3
Department of Mechanical Engineering, SPCE, Andheri, Mumbai University 1,
Department of Mechanical Engineering, VNIT, Nagpur University 2,
Department of Mechanical Engineering, TSCE, Bandra, Mumbai 3,
Email: pddeshmukh7@gmail.com1 ,vilas.kalamkar@gmail.com 2, gtthampi@gmail.com 2
Abstract-: In knowledge based economy, Indian enterprises have challenges to provide high quality product at
low cost, to remain more competitive in world. Small and Medium-Size Enterprises represent the spinal cord of
Indian economy. To improve productivity and overall business performance, Enterprise Resource Planning
(ERP) is one of the solutions for the Small and Medium Enterprises (SMEs) in order to face the global
challenges. According to SME chamber of India, there are about 26.1 million MSME (micro small and medium
enterprises) in India, contributing about 17% to India’s GDP and 45% to aggregate industrial output. But the
adoption of Information Technology and IT based ERP system is quite unsatisfactory.
This paper discusses SMES contribution in economic growth by evaluating new information function provided
by ERP system which acts as drivers to increase SMEs’ efficiency and productivity in the current global
economy in terms of benefits. Author also shades light on issues, Challenges of ERP implementation In Indian
SMES. In this paper author tried to answer the research question that Is ERP system act as driver for growth of
SMEs in India? Cost effective and flexible architecture and integrated solutions which were initially targeted for
large businesses can also bring value for Indian SMEs.
Index Terms- ERP in Indian SMEs, Issues in Indian SMES, Challenges for ERP Implementation in Indian
Context.
1. INTRODUCTION
According to the Government of India’s Micro, Small
and Medium Enterprises Development (MSMED)
Act, 2006, A small enterprise is an enterprise where
the investment in plant and machinery is more than
Rs. 25 lakh but does not exceed Rs. 5 crore; and
A medium enterprise is an enterprise where the
investment in plant and machinery is more than Rs.5
crore but does not exceed Rs.10 crore, which engaged
in the manufacture or production, processing or
preservation of goods. The Enterprises engaged in
providing services are defined as A small enterprise
where the investment in equipment is more than Rs.10
lakh but does not exceed Rs. 2 crore; and A medium
enterprise is an enterprise where the investment in
equipment is more than Rs. 2 crore but does not
exceed Rs. 5 crore. [21]. Indian SMEs have
limitations of investment in plant or equipments. But
SMEs are the engine of economic development, they
constitute the majority of business enterprises, and
they are vital for employment generation and poverty
alleviation. Many developing-country SMEs have
inserted themselves into vertical production networks
as component suppliers to big multinational
companies, increasing their contribution in export
receipts. SMEs, as major employers especially in rural
areas, make valuable and necessary contributions to
poverty alleviation by increasing income levels and
creating jobs. In both developed and developing
economies, the organic growth of small enterprises is
a vital source of wealth creation.[33]
SMEs are the driver of economic growth and
innovation. The total number of SMEs in the
economy depends on the rate of SME creation and
rate of SME destruction. Profitable market increases
the total number of SMEs in the country, and increase
in SMES also increases job creation and income per
capita. New market opportunities will be created
when people will increase their consumption.
Contrary to multinational corporations, the growth of
SMEs directly benefits the country because most
SMEs are domestic firms. When the number of SMEs
increase as a result this their knowledge of their
product and industry is raised which drives the
innovation in product and process; leads to economic
growth. It also helps them form a competitive
advantage to generate more profits. [34]
Importance of SMEs Indian Economy
Small and medium enterprises (SMEs) play a key role
in the growth of the Indian economy by contributing
to industrial output or generating employment, the
SMEs have always made remarkable progress
achieved across traditional and emerging sectors such
as manufacturing, pharmaceuticals, textile, food
processing, and retail, garments, IT and several other
service sectors. SMEs generates millions of jobs,
especially for low-skills level, low educated people.
[ec] Currently, India’s SME sector is a flexible
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dynamic, and productive entity, as it employ nearly 81
million people in 36 million units across the country
and contribute almost 45 percent to the total industrial
output. In recent times, SMEs have been fulfilling to
Indian Market as well as international markets and
have emerged as leaders even during the period of
recession by restoring jobs and business activity. It
acts as a prime medium for regional development and
the economical development of weaker sections of
society.[35] At the time of removal of quantitative
restrictions under WTO in 2001, it was predicted that
the sector would fall down under the attack of global
products. But this sector quickly adapted and
restructured itself with technology, accepted norms of
quality and competitiveness. It is expanded faster than
the rest of the industrial economy. [10] Its
contribution to the Indian GDP, which as per the
Economic Survey of India for the year 2012-13 is 7.9
percent Due to their contribution to the Indian GDP,
which as per the Economic Survey of India for the
year 2012-13 is 7.9 percent, they can be aptly called
the backbone of the Indian economy, called as the
backbone of the Indian economy [35].
2. GROWTH AND CHALLENGES IN THE
SMES SECTOR IN INDIA
The number of small-scale units has increased from
an estimated 48.8 million units in the year 2013-14 to
over 46.7 million in the year 2012. Due to Great
Potential of SMEs, it has performed exceedingly well
and created wide industrial growth opportunities and
diversification. SMEs sector has made significant
contributions towards employment generation and
rural industrialization. SMEs sector in India creates
largest employment opportunities for the Indian
populace, next only to agriculture. . Statistics from
Ministry of Micro, Small & Medium Enterprises also
revealed the growth of SMEs industry in India It has
been estimated that 100,000 rupees of investment in
fixed assets in the SMEs sector generates employment
for four persons[39] [38]. Small and Medium
Enterprises (SMEs) play a vital role for the growth of
Indian economy by contributing 45% of
industrial output, 40% of exports, create 1.3 million
jobs every year and produce more than 8000 quality
products for the Indian and international markets.
There are approximately 30 million MSME Units in
India and 12 million persons are expected to join the
workforce in the next 3 years. SME’s Contribution
towards GDP in 2011 was 17% which is expected to
increase to 22% by 2012. SMEs are the source of
several innovations in manufacturing and service
sectors, which serves as the major link in the supply
chain to corporate and the PSUs. Promoting SMEs is
nothing but promoting the development in the rural
areas of India. [37]
It is necessary to support the SMEs, for empowerment
of optimum utilization of resources, for achieving the
success; as SMEs are growth engine of Indian
economy. The SMEs need to be educated and
informed of the latest developments taking place
globally and helped to acquire skills necessary to rate
with the global growth. [37]
Despite its commendable contribution to the Nation's
economy, SMEs are facing a number of problems and
several challenges. At the same time it has limitations
of SMEs, like Low Capital base, Concentration of
functions in one / two persons; Inadequate exposure
to international environment, Inability to face impact
of WTO regime, Inadequate contribution towards R &
D, Lack of professionalism.[22]
Challenges for Indian SMEs
· Inadequate infrastructure, finance, non-availability
of highly skilled labor at affordable
costs [40]
· Absence of adequate knowledge, technology, low
production capacity, ineffective marketing
strategy, constraints on modernization &
expansions, identification of new markets,
follow-up with various government agencies to
resolve problems[22]
· Becoming More Competitive in the global market
by cost-cutting, quality enhancement,
productivity improvement and efficient
management of supply chains, greater public and
private investment in infrastructure with limited
investment and machinery.[36] SME Sector does
not get the required support from the concerned
Banks, Financial Institutions, Government
Departments and Corporate, to become more
competitive in the National and International
Markets.[36]
· Enhancing Access to Global Markets by greater
policy coordination within the Indian
Government for a coherent approach to emerging
trade policy issues, an institutional partnership
between the private sector and the Government in
devising specific marketing strategies.[36]
· Safeguarding Intellectual Property by effectively
administering copyright and patent legislation,
encouraging more innovations and patenting
them.[36]
· Promoting Small-Scale and Cottage Industries,
and Regional Cluster Development by removing
policy impediments; financial support;
technology, skills and quality upgrading; market
support and improving links between small and
large firms. [36]
· Increasing Exports[36]
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· Enhanced competition from China and a few low
cost centers of production [22].
Indian SMEs have been facing a tough time due to
globalization and liberalization in trade, coupled with
WTO regime, but the SMEs who have strong
technological base, international business outlook,
competitive spirit and willingness to restructure them,
better withstanding o f the present challenges can
make shining make their own contribution to the
Indian economy [22].
The government has a vital role to play creating
awareness about ICT applications amongst Indian
firms, above all in micro, small, and medium
enterprises (MSMEs) [41].While SMEs are slowly
adopting IT tools in their operations to become more
competitive, but the penetration of IT in SMEs is
much below than its potential. Currently IT can be
used in areas like production monitoring and control,
quality monitoring and control, etc. can streamline the
business process and SMEs are slowly awakened
about this [38].
3. ERP AND SMEs IN INDIA.
Enterprise resource planning (ERP) systems
integrate and automate internal and external
management information across an entire
organization, embracing manufacturing,
finance/accounting, sales and service, customer
relationship management, etc. The purpose of ERP is
to facilitate the flow of information between all
business functions inside the boundaries of the
organization and manage the connections to outside
stakeholders. Enterprise systems (or Enterprise
Resource Planning) are an emerging technology that
belongs to the scientific discipline of information
systems [18] [20].
This is a software package which should include the
following features:
· An integrated system which functions in real time
not requiring you to depend on periodic updates.
· It should have a common database.
· Each module should have the same look and feel
to uncomplicated things.
· Each department should be able to access the
system without having to consult the IT
department.
ERP system provides advantages like provides
visibility of all the important processes across various
departments of an organization; automatic and
coherent work; unified and single reporting system to
analyze the statistics/ numbers/ status etc in real time,
across all the functions / departments; provides
Business Intelligence functionalities; Advanced e-commerce
integration to handle web based order
tracking/ processing; provides secure as centralized
security policies for all the transactions enable better/
faster collaboration across all the departments;
possible to integrate other systems (like bar-code
reader, for example) to the ERP system through an
API (Application Programming Interface) [7].
But there are some disadvantages of ERP system like
cost of ERP Software, planning, customization,
configuration, testing, implementation, and further up
gradations ; time required for implementation(ERP
deployments take 1-3 years to get completed and fully
functional); difficult to calculate return on
Investment; Migration of existing data to the new
ERP systems [7].
There are different Issues and Challenges of ERP
implementation In Indian SME’s like lack of
Awareness, perception that ERP is meant only for
large firms mainly owing to the high costs of
acquisition, Earlier Implementation failures ,
customization increases the cost; less of capital than
their larger counterparts, Change management,
Limited resource of in-house IT team. Some of the
factors to be considered before starting an ERP
system implementation are:
• Infrastructure resource planning
• Education about ERP
• Human resource planning
• Top management commitment
• Training facilities
• Right people for the implementation
These factors help organizations to understand their
level of preparedness for an ERP implementation [7].
Before the implementation organizations must
evaluate organizational objectives and requirements,
Planning, customer profile, global support base as
well as the financial credentials [7].
Small to medium-sized enterprises (SMEs) can find
difficult to put the power of technology solutions into
the work for their businesses as there are some ERP
implementation challenges and business challenges
like global competition, evolving operational
processes, complex regulations and product
diversification. Indian SMES can convert these
challenges into opportunities with a powerful IT
solution. ERP system can provide SMEs with the
launch pad for long-term growth, competitiveness and
success [44]. Small to medium-sized enterprises
(SMEs) often have sophisticated and industry-specific
business processes and IT needs, but must cater these
needs with relatively small budgets and IT staffs.
4. LITERATURE REVIEW
In the late 90’s, researchers started to show interest in
Enterprise Resource Planning. Davenport (1998)
discussed the functionality of an ERP system and the
complexity of implementation. Van Everdingen et al.
(2000) surveyed more than 2000 European companies
in order to study adoption of ERP in different
industries. Much of the early research focused on
implementation issues and the use of “Best Practices”
in processes. Nau and Lau (2001) identified certain
factors by analyzing selective articles for successful
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implementation of ERP and Muscatello (2002)
surveyed the essential factors in ERP implementation.
Al-Mashari (2002) presents a research agenda for
ERP and identified a huge gap in the ERP literature.
Ashim.et.al[2004], studied the design and
implementation risks factors for ERP systems in
Indian organizations. Buonanno.et.al[2005], analyzed
of the empirical data and composed that that business
complexity is a weak predictor of ERP adoption.
Wu.et.al [2006] used Hochstrasser model is used to
analyze the uncertainties of tangible benefits in the
process of ERP project investment. Jafari et al. (2006)
carried a research for Malaysian SMEs and identified
ten important issues for the success of ERP
implementation. Woo (2007) carried out research for
major Chinese organizations and reported six critical
issues for the successful implementation of ERP
systems. Upadhyay and Dan (2008), carried out
research study for Indian SME organizations where
the researchers empirically assessed and, on the basis
of responses received from the respondents, identified
certain issues that actually would lead to the success
of ERP implementation. Kale.et.al(2009), presented
that in India, SMEs are the backbone of the economy
and are today faced with global competition.
Parijat.et.al(2009), targeted to the SME’s which
already completed the process of adopting an ERP
system to bring out the underlying factors which can
prove decisive for success. Upadhyay and Dan (2009)
performed a research for Indian SME's and revealed
that certain critical factors could lead to positive
implementation of ERP. Päivi(2009) discussed that
the principal reason for failure has often been
associated with the poor management of ERP
implementation projects. Noudoostbeni et al. [2009]
assessed important success factors and failure factors
in Malaysian SME companies. Garg(2010), explored
and validated the existing literature empirically to find
out the critical failure factors that lead to the failure of
ERP in context to Indian retail organizations.
Ganesh.et.al(2010), argues that Indian consultants
often fail in recognizing the technology, vendor,
employee, project etc related influence to the ERP
implementation. Poonam(2010), explored and
validated the existing literature empirically to find out
the critical success factors. Above literature study
clearly point out that ERP system will help SMEs to
achieve growth challenges and remain competitive in
global economy.
4. ERP SYSTEM AS GROWTH
MULTIPLIER FOR SMEs IN INDIA.
A vast majority of small and medium scale
organizations have some significant constraints in
their resources. While Indian SMEs overlook the
benefits of integrating ERP systems stating that such
ERP software are beyond their budgets as the reason,
but there is no doubt that the implementation of ERP
software can improve the company’s performance as
well. The awareness of implementing enterprise
business application (i.e. ERP) among SMEs is less
than 35%, as compared to over 80% for large
organizations as per survey conducted by
International Data Corporation (IDC). The critical
influencing business drivers for SME segment will be
to increase the overall business efficiency, to increase
the capital and labor productivity and to reduce the
fixed and variable cost. Research and survey by
leading IT vendors clearly points out that the need for
technology solutions is not only confined to Tier 1
cities in India but also business organizations
operating from Tier II and Tier III cities also need
ERP solutions as well. As all ERP vendors are
focusing on this market, the Indian SME segment will
have many alternatives to choose any one out of such
high competitive price [44].
SME Challenges ERP Software Benefits
Reconciling disparate,
A common and capable
incompatible and/or
platform for all core
limited function legacy
business operations
systems from organic
growth or acquisitions
Rationalizing
distributed, inconsistent
and/or out-of-date
corporate data
Support for “single-version-
of-the-truth”
data that can be shared
across departments, and
with key partners and
customers
Meeting regulatory
requirements, including
those specific to vertical
industry sectors and
different countries
Provides integral
regulatory compliance
and reporting
functionality
Inadequate IT systems
constrain growth
A multifunction and
scalable platform that
can keep pace with, and
facilitate, company
growth
Inconsistent and/or
inefficient business
processes, which are
labor intensive, time
consuming and error
prone
Standardization and
automation of core
processes; templates for
best practices; tracking
of key performance
indicators
Global expansion,
which requires currency
conversions, financial
consolidations and roll-ups
Built-in support to track
exchange rates, convert
currencies and
consolidate financials
The need to interface
easily with other IT
software and systems
Support for standard
interfaces to most
commonly used software
and systems, including
mobile
The need to diversify
with expanded product
Tools to track product
SKU inventory,
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or service portfolios shipment logistics,
service delivery, etc.
Source: SMB group 2011
As above table shows that can fulfill SMEs challenges
and act as growth multiplier as it helpful for global
expansion and sustain in competition. ERP software
provides many benefits like improves the efficiency
of business process, cut down in labor cost,
information automation, timeliness delivery of
information. As ERP usage reduces manpower, time,
error, land and improves business process
transactions, efficiency, and quality of work,
innovative in process. So ERP can act as growth
multiplier for SMEs.
But still there are some reasons for not using ERP
system. While many new SMEs start each year, nearly
50% end to exist in the first 3 years of business itself,
and only 40% survive beyond 10 years. Though it is
assumed that all SMEs desire growth, majority of the
firms do not consider on of long-term business
strategy but focus only on survival. When the
business begins to fail as a result of not keeping track
of the changing market scenario, then only SMEs
think about change only [41].
According to Gattiker et. al [2005], ERP
implementation failure rate is from 40%. According to
Gordon [2006], the main factors that can be held
responsible for failure of ERP system are-poor
planning or poor management, change in business
goals during project, lack of business management
support, issue of concern is the cost feasibility of
system integration, training and user licenses, system
utilization, etc.[45][46].
ERP client server has been implemented by many
large media companies despite the fact that this
application is quite expensive. Most of small and
medium-sized companies never think to implement
the software in their business systems due to high cost
of proprietary software and time required for the
implementation. The proprietary software vendors of
ERP include maintenance fees, initial cost, training
cost and hardware cost. But there are different low
cost options/approaches are available in market.
5. LOW COST ERP SOLUTIONS
There are different solutions available in market to get
low cost system which is helpful for running business
processes of SMEs efficiently and improves the
productivity of business by reducing inputs and
improving output of business process.
Open source ERP
Open Source ERP does not require a license or
implementation cost like proprietary software. It can
only download from the internet, installed in the
system and run your business. Open Source ERP
provides most of the function of ERP system to cater
the needs of small and medium-sized companies
Download and installation process lasted only a few
minutes and for you immediately, of course ERP
software has advantages and disadvantages as other
software.[42]
Advantages
· Since maintenance fees are not included in the
initial cost and there are no licensing costs, open
source systems are essentially free to own and
use. The total cost of ownership may also be less
than proprietary software since maintenance fees
are usually lower.
· The source code can be modified and customized
to meet your organization’s business needs and
there are typically a wide range of integration
formats.[42]
Disadvantages
· The basic, free version of open source software
will probably not fully meet your organization’s
expectations so it will inevitably end up investing
in maintenance and support. The more your
organization customizes the software, the more
money it will likely end up spending.
· Since open source may provide fewer active
customers than top-tier commercial ERP
providers like SAP.[42]
Cloud based ERP
Cloud based solution provides you the best practices
and tools that were available to only larger enterprises
until now and that too at affordable price. It consist all
the features of best Enterprise level ERP that are
required by SMEs and is delivered using cloud route.
Like proprietary ERP, Cloud based ERP software
provides all the functions like automated business
processes, information management with added
intelligence, ensuring improved productivity and
accelerated growth but it also frees up your team from
traditional admin activities, and focus on core
business processes. On Demand ERP captures tasks
across Apps and makes them available on your
dashboard with notifications for each task. The cloud
ERP Applications are seamlessly integrated to work
from a single login on a single database. Small &
Medium enterprises (SMEs) including Start ups
across India, Australia, USA and Europe are
Accelerating Growth by leveraging Cloud ERP. It
provides advantages like minimum investment,
Minimized technical staff involvement, increase
scalability, Fewer Responsibilities, lower initial cost,
Roles based Dashboard, Just Configure and Get
Started with On Demand SaaS ERP on the Cloud
,Zero IT infrastructure cost and maintenance with
SaaS ERP run and managed by cloud, and Reports
and Analytics in the cloud built into the ERP system
[43]
Traditional On-site ERP is being replaced by online
ERP accessed through a web browser. The Online
ERP is also known as web based ERP, hosted ERP,
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cloud ERP, SaaS ERP, or on-demand ERP. Small &
Medium Companies as well as Start ups are moving
ERP cloud applications to manage all their Business
Processes. Web-Based ERP reduces total Cost of
ownership as compare to on site ERP. It provides
rapid implementation with customization and free up-gradation.
But in terms of features and scalability it
provides limited functionality and scalability.[43]
6. CONCLUSION
SMEs area unit plays important role in economic
development, as they represent the majority of
business enterprises, and that they area unit very
important for employment generation and financial
condition alleviation.SME sector in India has been
growing speedily over the past few years, however the
ICT based Practices like ERP adoption of among
SME sector has been stunning slow. This will be
attributed to varied provide aspect and demand aspect
constraints that are touching the ERP adoption among
the SMEs. The advantages of ERP area unit clearly
visible as corporations having ERP systems and
processes have managed sturdy profits and
efficiencies. SMEs area unit currently realizing that
their growth will solely be sustained if they will
properly manage the degree of their business through
a lot of involvement with ICT. As SME corporations
modify to implement ERP system with all its power,
it's imperative that the highest leadership maintains
associate perspective of continuing commitment and
properly order the implementation of ERP initiatives
across the organization. Clear communication and
Planning can go an extended means in making a
flourishing scheme of IT among a SME. SAP
Business All-in-One solutions provide growing SMEs
an inexpensive and rapid-to-implement way to gain
“professional-grade” ERP capabilities and SAP’s
best-practice business processes. Social, mobile and
cloud technology is new wave in future SMEs. These
technologies not solely empowers worker however
conjointly give access to up-to-date data among a
moment with value effectiveness. The versatile design
and integrated solutions with customization were first
targeted for big businesses can even bring worth for
Indian SMEs.
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