Blogs
v
Latest Blogs
About FacilityIndia E-Commerce
12-08-2019 10:47:27

About FacilityIndia 

FacilityIndia is a Mumbai, India based multi vendor marketplace e-commerce offers both products and services on the same platform, is 100% subsidized of SIKCO Engineering Services Pvt. Ltd. It is suppose to be one of the largest e-commerce in India with its wide range of categories.

 

FacilityIndia’s vision for an e-commerce that is enabled by people, powered by technology, and open to all section of people. The platform empowers people and create huge economic opportunities for everyone.

 

FacilityIndia, the platform offers unique value additions with products and services for its customers with buy and sell with 100% payment protection. Government’s new policy, encouraged small format businesses and secured their business operation seamlessly without risk and threats. Facilityindia always keeps country first and have launched ‘one country one market™’ program nationwide to utilise resources optimally.

 

Facility24™ is a program for sellers, to be online 24x7 hours. This program is for all sellers by showcasing their products and services, even when the physical shop is closed, but online inventory and services are always available for purchase. FacilityIndia’s mission is to make all physical format shops & businesses transformed into online format. i.e. “Physical to Digital (P2D)™”

 

FacilityIndia provides product and services search support, online purchase & sales support for B2B, B2C, C2C and is made available on Website and Mobile instantly on each geographical location in India.

 

The company's headquarter is at Kharghar, Navi Mumbai, Maharashtra, India,  is certified with ISO 9001:2008 and ISO 14001 for its commitment to quality, service and environment. Company has recorded a 200% growth for last 04 years and audited ITR for the same. Company’s FY 2018-19 turnovers was around 10 crores+ and order booking exceeds 15 crores for year 2019-20. The company have future plan to go global on successful operation in India.

 

The platform is conceptualised, designed by Mr. Milton Sikder who is a qualified chartered engineer and Master in Business Administration (Finance). He is a Certified Energy Manager (BEE-CEM) and Certified Data Center Specialist (CDCS). He was Ex Scientific Officer SO/SB, ACTREC,TMC, Dept. of Atomic Energy, Ex. Head-MEP, CMG, Shapoorji & Pallonji Co. Ltd, Ex. Practice Head-CFS, Hewlett Packard, Ex. Engineering Lead-DCP, Tata Consultancy Services.


Future of eCommerce in India
15-08-2019 10:26:35

eCommerce is the booming stage in India once upon a time no one in India trust online shopping but  Today people of India shop online without any doubts or fear in their mind and this rate has increased by 71% among the Tier-I and Tier-II customers with over 30% of traffic on e-commerce website arising from smartphones or tablets. Thus Indian online marketplace is set to surpass $15 Million by 2016. The current Indian e-commerce market is quite similar to the China market in 2005!

Nowadays, India is in a completely growing stage of development and we need to update our business to the growing needs of the new generation. ‘Incredible India’ has now got a new name – ‘DIGITAL. India The current generation completely belongs to e-services. Today, every business and service is going the ‘internet’ way. Everyone prefers  e-services and  e-governance which are the most preferred ways to connect to the people around the world.

eCommerce has taken the world by storm and it is the future of shopping be it the world or India. Let me provide some facts and figures to prove my statement.

A new study by Forrester Research has stated that approximately a fifth of total retail sales will take place online by 2021 in Asia Pacific, 78 percent from smart phones. The study adds that online retail via mobile will grow at a CAGR of 15.6 per cent, to reach $1 trillion in 2020 (no that ‘t’ in trillion is not a typo).

The study further goes on to say that Asia Pacific will be the largest region for online retail sales in the world, with China being the largest market for e-commerce with $681 billion in sales. However, the fastest growing e-commerce market in the world, according to Forrester, is undoubtedly India. The Indian Institute of eCommerce states that by 2020, India is expected to generate $100 billion online retail revenue out of which $35 billion will be through fashion e-commerce. Online apparel sales are set to grow four times in coming years.

The Internet and mobile usage has increased tremendously over the last five years. Today, there are 100 million Internet users, a number which immediately creates an easy reach for all e-commerce sites and this number is not going to decline only increase. So you can imagine the potential growth we are all going to witness in regards to eCommerce in India.

If you happen to be a business owner, an entrepreneur, a developer or even just some random person with big dreams and aspirations I would definitely recommend that you take a step in the eCommerce domain. And if you don’t know where and how to get started there are countless platforms that can create an eCommerce online store for you in a matter of minutes. Some good platforms are Shopify, Magento and my personal favorite BuildaBazaar it is by far the cheapest platform available.

According to a new study from the Center for Research in Electronic Commerce, This is such a dynamic field. Every day is a new day in the world of ecommerce. We see a lot of things, and looking in the near future, eCommerce will become the industrial revolution of the 21st Century. Certainly see happening is the decline of the revenue-share business model. EBusiness still has huge untapped potential & continues to grow robustly and hosted providers have revenue-share pricing models.

The actual blooming of the E-commerce industry took place with the introduction of smartphones and applications. India being the 2nd largest population in the world and the largest when it comes to using the internet and smartphones holds a very bright future for the E-commerce industry.

Although the industry had witnessed a major crunch in the past, the advent of the smartphones gave a glowing future for the E-commerce sector.

· In the year 2009, the net worth was of the e-commerce business was $3.9 billion which spiked up to $38 billion in the year 2016.

· The industry is expected to shoot over the $100 billion mark in the next 5 years contributing to a growth in 4% of the GDP of India itself.

· The increase in the digital approach and lifestyle has increased the market penetration of the E-commerce industry causing an increase by about 1200% to $200 billion by the year 2026.

The current focus and target of the e-commerce industry are to gain greater growth through mobile application development and cashless transaction. The system of wallet payment has radically increased with more and more people seeking special offers during the festive sales. The favorable market with a large customer base makes E-commerce one of the booming sectors in the business world. This leaves room for plenty of innovative technologies that will soon be adopted to give great customer experience in India.


Social Work Career in India
15-08-2019 10:36:01

 Social work in today's world has established itself as a significant full fledged profession at par with any other profession. As the world is fast becoming increasingly materialistic, devoid of human sentiments and emotions, with people growing more and more self-centred, yet another global trend is becoming distinctly evident-the urge of the young lot who want to do something for the welfare of the society. 

There is a great satisfaction in doing something for others, which cannot be equaled or compensated by any remunerative job. Even those working in full-time jobs want to do some social work in their spare time.

It may be said that it is indeed a noble gesture to indulge in working for others or lend a helping hand to those who may not be as privileged as we are. The scope of social work is very wide. There is a dire need for people who can provide help to the disadvantaged members of the society.


There are centers for rehabilitation for drug addicts, orphaned children and people with disabilities. Counseling, both educational and psychological, are required these days by a large section of the population. There are opportunities in health care, community policing, adoption, environmental protection, culture, and so on.

The social sector consists of Non-Government Organizations (NGOs) and institutions providing services to different sections of society. Many are engaged in research and publishing while others are active in solving problems at the grass root level. 

An idealistic youngster who wants to do something for the country may, thus, be attracted to the social sector. Fortunately, it is now more than an occupation of the idle and is getting highly professionalized.

Several institutes offer degrees and diplomas in social work, after which permanent positions can be obtained in organizations. Salaries have been soaring, with generous infusion of funds from the government and foreign agencies.

 

Although there are no basic qualifications to get into the social sector, a Master in Social Welfare (MSW) degree, rural management or any masters' degree in social sciences will help., Degrees in environment and forestry management are also offered by various institutes. Apart from this, diplomas can be obtained in specific areas like those for the hearing impaired, physically handicapped an old age. Some organizations train volunteers themselves.

Social work is among those fields where Job opportunities differ with the kind of specialization that a social worker has chosen. As of now, a qualified social worker can work in the following domains:

  1. Specialists in medical aid and psychiatric social work can make a career in hospitals, clinics, counseling centers, mental hospitals, old age homes and similar institutions.
  1. Specialists SW professional in the specialized field of criminology can opt for a career in prisons, correction cells and similar institutions.
  1. Those with specialized knowledge in labor welfare segment can work as labor welfare representatives in the private and corporate sector including MNCs and HR department of various labour-centric industries.
  1. Job opportunities are also available with NGOs working for the development of rural health and sanitation facilities. Here, a SW professional can work as community welfare specialist.
  1. Getting into academics and teaching to masses about the utility of SW is another option available to professionals associated with this field.

Lastly, premier international organizations like WHO, UNESCO, UNICEF and other international organizations with similar goals targeted at developing nations, require social workers in their developmental campaigns and projects.These organizations also pay well.


Renewable Energies and Future
15-08-2019 10:45:13

 

Renewable energies are sources of clean, inexhaustible and increasingly competitive energy. They differ from fossil fuels principally in their diversity, abundance and potential for use anywhere on the planet, but above all in that they produce neither greenhouse gases – which cause climate change – nor polluting emissions. Their costs are also falling and at a sustainable rate, whereas the general cost trend for fossil fuels is in the opposite direction in spite of their present volatility.


Growth in clean energies is unstoppable, as reflected in statistics produced in 2015 by the International Energy Agency (IEA): they represented nearly half of all new electricity generation capacity installed in 2014, when they constituted the second biggest source of electricity worldwide, behind coal.

According to the IEA, world electricity demand will have increased by 70% by 2040 - its share of final energy use rising from 18 to 24% during the same period – driven mainly by the emerging economies of India, China, Africa, the Middle East and South-East Asia.

 

Clean energy development is vital for combating climate change and limiting its most devastating effects. 2014 was the warmest year on record. The Earth’s temperature has risen by an average 0.85 °C since the end of the 19th Century, states National Geographic in its special November 2015 issue on climate change.

Meanwhile, some 1.1 billion inhabitants (17% of the world population) do not have access to electricity. Equally, 2.7 billion people (38% of the population) use conventional biomass for cooking, heating and lighting in their homes - at serious risk to their health. 

As such, one of the objectives established by the United Nations is to achieve to access to electricity for everyone by 2030, an ambitious target considering that, by then, according to the IEA’s estimates, 800 million people will have no access to an electricity supply if current trends continue.

Renewable energies received important backing from the international community through the Paris Accord signed at the World Climate Summit held in the French capital in December 2015.

The agreement, which will enter into force in 2020, establishes, for the first time in history, a binding global objective. Nearly 200 signatory countries pledged to reduce their emissions so that the average temperature of the planet at the end of the current century remains “well below” 2 °C, the limit above which climate change will have more catastrophic effects. The aim is to try to keep it to 1.5 °C.

Likewise, the transition to an energy system based on renewable technologies will have very positive economic consequences. According to the International Renewable Energy Agency (IRENA), doubling the renewable energy share in the world energy mix, to 36% by 2030, will result in additional global growth of 1.1% by that year (equivalent to 1.3 trillion dollars), a increase in wellbeing of 3.7% and in employment in the sector of up to more than 24 million people, compared to 9.2 million today.

 

TYPES OF RENEWABLE ENERGY

Renewable energies include:

  1. Wind energy: the energy obtained from the wind
  2. Solar energy: the energy obtained from the sun. The main technologies here are solar photovoltaic (using the light from the sun) and solar thermal (using the sun’s heat)
  3. Hydraulic or hydroelectric energy: energy obtained from rivers and other freshwater currents
  4. Biomass and biogas: energy extracted from organic material
  5. Geothermal energy: heat energy from inside the Earth
  6. Tidal energy: energy obtained from the tides
  7. Wave energy: energy obtained from ocean waves
  8. Bioethanol: organic fuel suitable for vehicles and obtained from fermentation of vegetation
  9. Biodiesel: organic fuel for vehicles, among other applications, obtained from vegetable oils  

 

MAIN ADVANTAGES OF CLEAN ENERGIES:

  1. The indispensable partner in the fight against climate change. Renewables do not emit greenhouse gases in energy generation processes, making them the cleanest, most viable solution to prevent environmental degradation.
  2. Inexhaustible. Compared to conventional energy sources such as coal, gas, oil and nuclear - reserves of which are finite - clean energies are just as available as the sun from which they originate and adapt to natural cycles, hence their name “renewables”. This makes them an essential element in a sustainable energy system that allows development today without risking that of future generations.
  3. Reducing energy dependence: the indigenous nature of clean sources gives local economies an advantage and brings meaning to the term “energy independence”. Dependence on fossil fuel imports results in subordination to the economic and political short-term goals of the supplier country, which can compromise the security of energy supply. Everywhere in the world there is a renewable resource – whether that be the wind, sun, water or organic material – available for producing energy sustainably.
  4. Increasingly competitive. The main renewable technologies – such as wind and solar photovoltaic – are drastically reducing their costs, such that they are fully competitive with conventional sources in a growing number of locations. Economies of scale and innovation are already resulting in renewable energies becoming the most sustainable solution, not only environmentally but also economically, for powering the world. 
  5. Benefiting from a favorable political horizon. Decisions adopted at COP21 have shone the spotlight firmly on renewable energies.  The international community has understood its obligation to firm up the transition towards a low-carbon economy in order to guarantee a sustainable future for the planet. International consensus in favor of the “de-carbonization” of the economy constitutes a very favorable framework for the promotion of clean energy technologies.

 

Sources:  Agencia Internacional de la EnergíaRevista National Geographic en su número especial del Cambio Climático (noviembre de 2015)Ten reasons to support renewable energy - Sustainability for all

 


With growth this bad, India needs more than luck
30-11-2019 11:58:55

With India's growth tumbling to 4.5% from 8.1% in little more than a year, you’d be surprised to know that Shaktikanta Das has one of the easiest jobs in central banking. He just has to keep doing what he's been doing since becoming governor of the Reserve Bank of India last December: cut interest rates. Fortunately, political will is on his side.

That’s an enviable state of affairs for a central banker these days. Just look at Federal Reserve Chairman Jerome Powell, who has become a constant target of President Donald Trump’s Twitter tirades. It’s also face-saving for Das that politics and economics are pointing in the same direction. He took up this post under a cloud of question marks about the RBI’s independence. Das’s immediate predecessor, Urjit Patel, quit abruptly almost a year ago, just as the government was ratcheting up pressure for the institution to hand over some of its reserves to free up fiscal spending.

The troubling state of Asia's third-largest economy makes Das's task uncomplicated. The pace of growth is slowing dramatically; government numbers Friday showed India’s expansion slipped in the third quarter to its weakest clip since 2013. Many big economies have been stalling, but it’s hard to think of another where growth has come down to earth this quickly. Expectations have diminished so radically that even a slowdown of this magnitude was in line with economists’ projections.

Falling Toward Earth


For Das to even contemplate taking his foot off the monetary pedal now would be a mistake. He should look past the recent uptick in inflation last month, largely attributed to vegetables such as onions, a staple of Indian cooking. Those price gains helped push the measure beyond the RBI's 4% medium-term target. More important is the slide in core inflation, which strips out volatile commodity prices. This points to a demand problem in the economy.

Das says policymakers will keep cutting rates until growth revives. The five reductions he’s overseen haven’t given the economy back its groove; so the mission is clear going into next week’s meeting, when the central bank is expected to cut again. His global peers may have done well to adopt the same approach. It's clear from the Fed’s retreat that the hikes in 2018 went too far in the face of anemic inflation. The European Central Bank had barely curtailed quantitative easing before it had to start all over again.

Lest Das be tempted to sail through, there's the iceberg of India’s banking industry to consider, which is saddled with one of the world's most dangerous loads of bad debt. The trouble is, about 60% of the financial system is controlled by state-run banks that report to the government, so Das’s ability to influence them is constrained. At some point he may well have to challenge entrenched political interests.

The other hurdle is that India’s broken financial system hinders the ability of rate cuts to flow through the economy. Shadow banking, a big source of weakness, was also a major source of lending. That spigot appears to have largely dried up.

I wrote in February that Das was lucky: Economic need trumped the political circumstances surrounding his first rate cut. But luck doesn’t last forever. It wasn’t too long ago that economic aspirations for India echoed China’s. Now this young country of 1.4 billion people is looking more like Indonesia, Malaysia or the Philippines — that is, just another middling emerging market. At this rate, Das will need more than rate cuts and a good reputation to fix things.




CtrlS CRM
31-01-2020 08:28:41

CtrlSCRM.com, a business management tool for business automation, continuity and optimisation, plug-n-play Software for MSMEs, Retailers, Entrepreneurs, Start Up, Businesses etc.

 

http://ctrlscrm.com/demo/admin/authentication  

 

 

User ID     : SIKCO@ctrlscrm.com

 

Password: sikco1672

 

Functional Features of CtrlSCRM:

 

  • Sales Management – Leads, Quotation, Proforma, Invoice, Sales, Credit notes etc.
  • Project Management - Project details, BOQ, Expenses, Milestones, Bar chart etc.
  • HR Management – Staff details, Payrolls including Attendance & Salary slips etc. 
  • Inventory Management - Purchases, Sales, Returns, Stock in Hand, Stock value etc.
  • Financial Management - Expenses, Receipts, GST Sales & Purchase, Ledger etc.
  • Service Management – New ticket, Present status, priority, Call history, Actions etc.
  • Contract Management – Customer’s details, contract’s value, Contracts duration etc.
  • Document Management – Save all documents, Calendar, Goals, Activity logs etc.
  • Management Information System – Reports on Sales, Expense, Leads, timesheets etc.

 

Operational Features of CtrlS CRM:

 

  • Admin login and Multi user login
  • 100% Cloud based, 100% back up at Tier-4 data Center, 100% secured
  • Free registration with facilityindia.com, India’s largest integrated marketplace

10 Best Business Ideas for post Covid-19
28-04-2020 00:12:38

10 Best Business Ideas for post Covid-19

 

The brutal impact of COVID-19 (corona virus) pandemic on businesses are not over yet, but likely to continue for several months post - retreat, till companies get enough time to recover from the severe losses.

As of now, it’s pretty clear that there will be job-reductions, lay-offs, pay-cuts, and freeze the hiring. The economy has been sluggish for quite some time. Now, with this ongoing unprecedented situation due to the corona virus pandemic, the job market will be even tougher. In this documents, we will discuss some useful tips on how to utilize your employability post COVID-19 recession.

Let adopt easy to start business ideas from Society of Innovation, Knowledge for Cost Optimisation (SIKCO)

  • Businesses without any Capital Investment
  • Businesses with immediate Revenue
  • Businesses like Small Manufacturing can be easy to start
  • Start a business with little equipment or Funds
  • Determine what skills you have and make a job of it

 

The entrepreneurial spirit is strong with a lot of people, but starting a business can be a long and arduous process. However, with the right business idea, you could lay the groundwork and get your first gig in a matter of hours.

 

You know you want to start a business, but you're having a tough time articulating your idea. If you want to become an entrepreneur, it's important to start with a great business idea. All you need is a bit of inspiration. It all starts with an idea that has room to grow over time. This list includes 10 great business ideas that can help you find success in 2020 and beyond.

How can I start my own business with no money?

 

You don't need money to become a small business owner. The first step in starting a business with no money is to keep your current job and launch your small business as, for now, a side pursuit. Then, develop your business plan and analyze your consumer base, market, and potential challenges. Near the final stages of this planning, you'll better understand how much money you need to start your business.

You can find this money through crowd funding, cards or relatives. Consider taking out loans only as a last resort.

 

How do I start a small business from home with small fund?

 

Home based businesses tend to be the most convenient and manageable small business ideas. That said, not all great business ideas are suited for home offices, so make sure your business can be conducted from home – jobs with onsite needs and heavy in-person demands might not be suitable.

Here are some easy-to-start businesses that can help get your entrepreneurial feet off the ground right away.

 

 Let’s go through 10 great business ideas in India’s socio-economical perspectives –


1. CRM & ERP (Business Tool) Franchisee

Industry: IT & ITeS

Investment: Nil

Income from: Day one

Earning Potential:  02-03 Lakhs / month

 

Those who have 9 to 5 jobs don't always want to spend their weekends doing household work. If you have a more flexible job, you could be just the person for this easy-to-start business. https://www.ctrlscrm.com/ providing excellent platform for IT savvy and IT professionals. It can be full time of part time as per the convenience.

We suggest full time to earn handsome amount easily. Automation of business is the need of hour.


2. Integrated Marketplace Franchisee

Industry: IT & ITeS

Investment: INR 50k - 200k

Income from: Day one

Earning Potential: 06-10 Lakhs / month

 

E-Commerce is the most futuristic business. In India e-commerce penetration about 4%, where in USA it is around 41%. Multivendor platform like https://www.facilityindia.com offering franchisee partnership district wise and best platform to start immediate business. Virtually no investment of little investment to start with.  

There are 27 categories like Agriculture, Automobiles, Civil, Mechanical, Electrical, Grocery, Healthcare, Home Services, Professional Services Real estate etc.

The e-commerce’s competitors are like Indiamart, Just dial, Amazon, Industry buying etc.

 

 

3. Indoor Fish Farming

Industry: Agriculture

Investment: INR 01-05 Lakhs

Income from: After 04 months

Earning Potential: 50k-100k / month

 

Govt already prioritised agriculture as an industry and scientific control farming is the most risk free investment at own property or in leased one. Fish market is large and revenue flow also is very good.

Hydroponics also can be done later. One can earn good revenue on training on Hydroponics and Fish Farming once the system is stabilised. SIKCO offer end to end training of this and helps starting the business in a month.

 

4. Art, Craft Consultant

Industry: Civil & Retails

Investment: Nil but 100k suggested.

Income from: After one month

Earning Potential: 50k-100k / month

 

 

As India developing, every middle and higher middle class family need art, craft, photograph at their home. You can open a virtual shop at facilityindia.com and display hundreds of arts, crafts, photographs to your clients. They can purchase online.

Lot of people also wants to sell arts, crafts, photographs as they need immediate money, you can buy them, made them online and get good amount of income.

 

5. Agri Consultant

Industry: Agriculture

Investment: Nil but 200k suggested.

Income from: After one month

Earning Potential: 2 lakhs-10 lakhs / month

 

 

As India is an Agri based country, every area has high potential of different farm products with best rates. Normally non uniform distribution results the huge supply demand issue in our country. One can just identify10 product areas and list products from 100+ suppliers at agriculture category.

 

List out best prices, book and sale in bulks. Huge income opportunities. FacilityIndia/Agriculture has the best in class product catalogue in e-commerce.

 

 

6. Professional Services

Industry: Services

Investment: Nil

Income from: One month

Earning Potential: 50k -3 lakhs / month

 

 

In India, service industry has high potential as urbanisation increasing. You can buy top listing place at facilityindia.com and make service catalogues covering all services. Client will buy the services and you can supply the same. There is a huge income opportunities.

 

FacilityIndia/Services (Home/Professional/Engineering) has the best in class product catalogue in e-commerce. It may take time but once business established, good amount of assured income is there.

 

7. e-Commerce / CRM Training Consultant

Industry: Services

Investment: Nil

Income from: Immediately

Earning Potential: 50k - 2 lakhs / month

 

 

Helping small businesses, SME, MSMEs to make appropriate business catalogue, images, contents, managing the portals can ensure good revenue.

 

There are huge requirement of technical / training consultants for facilityindia.com and ctrlscrm.com or other e-commerce business.

 

 

8. Renewable Energy as a Services

Industry: Renewable Energy

Investment: 2-5 Lakhs

Income from: One month

Earning Potential: 50k - 5 lakhs / month

 

 

Start selling industrial products and solution made by industry leaders. Make online catalogue and starts taking booking. Approach corporate, builders, housing societies for power pack, small grid tied solution selling. It will be the best way to sell engineering innovative products.

 

Small wind turbine or small biogas plant also can be sold online.

 

Solar pumping has good future with DC application. Ex. ½ hp DC surface pumping solution is available by 30000/- with 30-40% margin.

 

 

9. Retail Packaging

Industry: Retails

Investment: 2-5 Lakhs

Income from: One month

Earning Potential: 50k - 5 lakhs / month

 

There was a time when only the rich had factory or manufacturing unit. Those days are long gone. People are getting process plant at tiny space and do packaging business in Lakhs. Start grains, powder, spices packaging business. Supply it to groceries, medical shops etc.

Retail business is futuristic and lot of improvements, varieties possible with time. Low value to high value product marketing give an edge for a cash carry business.

 

10. Energy Consultant

Industry: Power & Renewable

Investment: Nil

Income from: 01-03 months

Earning Potential: 50k - 5 lakhs / month

 

If you an engineer (Preferably electrical / mechanical) with sound technical knowledge, good qualification and adaptive in new technology, you can start as a energy consultant offering energy auditing, cost optimisation, energy consultancy.

A good incentive possible from the product company, user and energy auditor too. Repeat business or reference business makes this experience worthy.

 

 

By MILTON SIKDER

www.linkedin.com/miltonsikder