Category: Business motivation

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Business motivation

The Truth behind Tata Motors and Tesla Joint Venture!

tata motors and tesla joint venture

As the entire world has realized the importance of going green, India pushes stronger for electric vehicles in its bid to reduce carbon emission. To ensure a cleaner and greener planet, a host of EV or electric vehicles are waiting to be launched this year.

While some of the Mahindra and Tata Motors electric cars have already been showcased, US-based Tesla will be the latest entrant to join the list. Though the news is yet to be confirmed, the shares of Tata Motors surged further by 11% on Tuesday.

The buzz over the Tata-Tesla partnership is the reason behind the surge in the share market.  The sales numbers also have seen a growth from Jaguar Land Rover (JLR) for the third quarter.

According to ‘Businesstoday’, Tata Motors’ share has rallied over 13% in intraday trade to hit a fresh 52-week high of Rs. 249.50 on the Bombay Stock Exchange on Tuesday on the back of the strong volume. The Tata Group stock has soared 26 percent in two sessions amid the buzzing reports of the Tata Tesla joint venture.

Tata Motors shares have gained 23.27% in one year and have risen 31.79% since the beginning of the year. The stock has surged to 35.4% in a single month. The rise in stock is due to the recovery of JLR sales in China, according to the reports published by ‘Businesstoday’.

The share price of Tata Motors has delivered a massive return of 292 percent from its 52-week low of Rs. 63.60 as of March 24, 2020. It has gained 23.27 percent in one year and has risen 31.7% since the beginning of the year.

There have been various factors that boosted Tata Motors` stock, such as increased sales of its overseas subsidiary, Jaguar Land Rover (JLR), along with the partnership between Tesla Inc. and Tata cars. Unfortunately, there is no truth behind those reports. However, Tesla cars are planning to begin their operations in India.

The US-based EV maker Tesla cars is planning to make an official entry into the Indian automotive market. A local entity called Tesla Motors India and Energy Private Limited will be set-up with it`s registered office in Bengaluru.

A statement released by Tata Motors states, “Tata Motors has not taken any decision regarding a strategic partner for its PV business and categorically denies any, and all rumors suggesting the same.”

Earlier on January, 15, Tata Motors announced the sales figures of Jaguar Land Rover, which was earlier hit by the COVID-19 pandemic. However, it is showing a sign of recovery as sales in China remained strong.

Did you enjoy reading about the latest Tata-Tesla partnership? Click here at www.news.badabusiness.com for more amazing stories.

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Business motivation Startup

Want to Have Your Own Business But Facing Budget Issues? Here are 5 Businesses You can Start Under Rs 10,000

Business Ideas | Representative Image (Photo Credits: Pixabay)
Representative Image (Photo Credits: Pixabay)

The world is living in the era of entrepreneurial development and start-ups. More and more people are drifting away from the ‘regular-income job’ mindset and exploring various fields to establish their own business and be their own bosses. The present entrepreneurial generation aims to start their own business and fulfill their dreams. They want to bridge the gap between their passion and profession. The biggest problem however remains the budget. Every person needs a certain amount of seed capital to establish the business and comply with the legal requirements. Prarambha: Everything you must know about the Startup India International Summit! 

Many people give up on the dreams of having a business of their own, owing to shortage of funds and capital. However, there are certain businesses that can be started with a pocket friendly budget. Here are 5 start-up ideas to establish business with Rs 10,000 –

Jewellery Making

There is a lot of demand of customised and artificial jewellery. Not only young generation, people from all the age groups look for fashionable jewelleries for celebratory and causal occasions. In does not require any official set-up or office space, basic raw materials like beads, strings, and artificial jewellery pieces among others to start the business. Such jewelleries can easily be sold at online stores, exhibition and haats. Agriculture Business: 5 Budget Friendly Businesses You Can Start in Agriculture Sector.

Vlogging

Vlogging is an extremely low-cost business which is highly popular these days. Many youngsters are taking up it professionally. They make videos and upload it on various video platforms such as YouTube and Vimeo, and earning money. People can make videos following their passion and expertise. It requires minimum investment in a good camera phone and video editing software.

Food Truck

Another interesting business for people who love travelling and cooking is to have a food truck. It works as a mobile restaurant too. The biggest investment in this business is to have a truck or any other accommodating vehicle. Once a truck is arranged, all that remains is grocery and hit the roads, make food, serve people and earn money while doing the thing you enjoy.

Yoga Trainer

More and more people are adopting and including Yoga in their fitness regime. If someone have an expertise in Yoga, by becoming an instructor of practise one can earn a good amount of money and ensure a regular stream of income. There is no need to any material investment; however the person should have a proper training and knowledge of the art. Many people are giving Yoga classes through online channels, making people fit and health, and earning money.

Bakery

Another interesting and delicious business one can start with a minimum investment is homemade cakes and cookies. People are avoiding buying food items from large stores and restaurants and looking for homemade alternatives of the same. Starting a bakery does not need much of an investment; all it needs is regular kitchen supplies and a pinch of creativity.

Shortage of investment remains the biggest drawback for people who want to start their own business. However, there are certain low budgets businesses people can start with minimum costs. You are start small, work hard and make the business a success.

 

 

 

 

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Business motivation

3 Innovative Technological Tools for Hi-tech Farming

hi tech farming
ऑर्गेनिक फूड बिजनेस

India is one of the 15 leading exporters of agricultural products in the world. Agriculture is the backbone of the Indian economy and the primary source of livelihood for around 58% of the population.

Gross Value Added (GVA) by agriculture, fishing, and forestry was estimated at Rs. 19.48 lakh crore (US$ 276.37 billion) in FY20 (PE). Agricultural export from India is around US$ 38.54 billion in FY19 and US$ 35.09 billion in FY20. source https://www.ibef.org/industry/agriculture-india.aspx

India has made steady developments and immense progress towards agriculture post-Independence. However, the country relied heavily on imports and food aids to meet domestic requirements during the mid-1960s. But the severe drought in 1965 and 1966 followed by the Green Revolution convinced India that it could not rely on foreign help. Post that the country reformed its agriculture policy.

The transformation of Indian agriculture began with the Green Revolution, which was followed by the Blue revolution, the White revolution, Yellow and Bio-Technology revolutions. Using modern farming methods of agriculture such as proper irrigation, the better quality of seeds, pesticides, and chemical fertilizers, India became self-sufficient in food grain production.

As time progressed, more technological advancements happened. And today, when the world is tech-enabled, farmers can use high-tech farming equipment and scientific data to improve crop yields.

Here are some examples of high-tech farming methods that can improve farming:

Artificial Intelligence

With Artificial Intelligence entering the hi-tech farming space, the agricultural scene is completely changed. From sowing to favorable weather conditions, type of soil, type of harvest a crop would need to harvesting, and then to post-harvest help, the AI promises informed inputs to the Indian farmers and other stakeholders in the ecosystem.

With schemes like Pradhan Mantri Fasal Bima Yojna (PMFBY), the government is also welcoming the fresh change that will help to reduce the time taken in settling claims of the farmers.

Mobile Applications

Mobile technology`s role is paramount! This innovative technology is playing a vital role in monitoring and controlling crop irrigation systems.

According to the Indian Cellular & Electronics Association (ICEA), India`s total smartphone user base had grown to 50 crores in 2019, and 40% of this user base hailing from rural India.

With smartphone users growing rapidly, it makes sense to marry mobile technology with farming methods for agricultural purposes. E.g. Farmers can control irrigation systems from his phone, rather than a computer.

Drones

For smart Hi-tech farming, the use of Drones can bring accurate information with ease. A drone can provide real-time information related to their crops, dry regions, soil deterioration, and fungal infections in a readable format.

This will enable farmers to take vital decisions regarding irrigation and crop harvesting. Drones can also be used for spraying purposes.

Introducing high-tech farming methods in India is the need of the hour. It is the only way to ensure the progression of this sector. A lot of companies are coming up with data analytic tools, robots, and drones that will completely revolutionize the Agritech business.

Learn more innovative ways to take your business ahead with our expansive online training courses and Problem Solving Courses. Know what works and what not for your business through the industry experts. Click here to know more: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

Indian Edutech BYJU`s acquires Aakash Educational Services, signs a billion-dollar deal!

byjus acquire aksash

Edtech Unicorn BYJU is in the news once again, and this time for signing a deal with Aakash Educational Services for a whopping $1 billion. According to reports, BYJU`s has acquired brick and mortar education player Aakash Educational Services (AES). Although both parties are yet to make an official announcement regarding the deal, it is one of the largest ed-tech acquisitions in that world.

While online learning startups have flourished, offline tutoring centers are affected badly. Bangaluru based BYJU`s has a valuation of $12 billion and has been on a fund-raising spree due to the increased demand for its online lessons because of the global COVID 19 pandemic.

BYJU`s, which is India`s second most valuable startup is backed by the likes of Facebook founder Mark Zuckerberg`s Chan Zuckerberg Initiative, and Tiger Global Management & Bond Capital co-founded by Silicon Valley investor Mary Meeker.

While Blackstone will swap 37.5% equity in Aakash for BYJU`s stake, the deal will witness a complete exit of the Aakash`s founders, the Chaudhry family. According to reports, the Chaudhary family may get a cash payout of $300 million.

Backed by Blackstone Group, Aakash Educational Services runs more than 200 brick & mortar centers of Aakash Institutes. While Aakash Educational Services has half-a-million paying students enrolled in its programs, BYJU`s on the other hand has around five million paying students.

When combined, this significant deal would focus on the innovative approach to teach students in secondary education, and prepare them for the entrance examinations.

BYJU`s was founded by Byju Raveendran, who was a former teacher, who also came up with a mobile application for smartphone users in 2011. From kindergarten to the 12th grade, BYJU`s provides lessons in science and mathematics through video games and animations.

Last year in September 2020, BYJU`s announced that around 70 million users logged in from over 1,700 cities all across the country, during fundraising. Out of 70 million, over 4.5 million are paid users. The application has been adding more than 5 million users a month. India`s biggest Edu-tech firm aims to double its revenue to $1 billion in the current financial year ending in March 2021.

If there is a startup business idea that you would like to work upon, do not wait, anymore! Take our Everything About Entrepreneurship course and learn from some of the topmost industry experts that will guide you through their experience.
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Business motivation

Success Story: How this Indian Discount Brokerage Firm Joined the Elite Unicorn Club 2020

zerodha success story

Trading and investments are the two terms that appeal to everyone. However, due to insufficient knowledge, brokerage charges, hefty commissions, and a reluctance to take the market risks are a few reasons why people refrain from testing the rivers.

When the world was facing the biggest global financial crisis during 2008 and 2010, the stockbroking companies experienced a downfall. While this challenge was faced by almost every broker in India, Bangalore-based discount broking firm, Zerodha was born during the same year.

Founded by the brothers Nithin Kamath and Nikhil Kamath, Zerodha is India`s first discount brokerage firm. This decade-old bootstrapped startup emerged as one of the unicorns in India in 2020.

Considered one of the most valued online stock trading solutions in the Indian fintech ecosystem, Zerodha`s journey started with a team of five people. Today, it has more than 1,300 employees.

What makes Zerodha different from other full-service brokerage firms?

Zerodha is a discount brokerage firm that does not offer research services such as buy and sell recommendations to its client. This helps them save the cost of having a research team. Hence, it passes on the profit it makes by saving funds.

“In today’s day and age, it’s no more about the big beating the small – it’s about the fast beating the slow,” Nithin says.

“The foundation of any financial services business is built out of creditability and trust. The process was time taking and it took around eight years for the company to reach where it is today. In our first year, we opened 3,000 accounts and when the cost of the product is less, people tend to be suspicious about the quality”, Nithin said.

“Luckily, we have managed to build a community around us that strives on trust, and that eventually helped us in the long run. Even today, we don`t spend money on the advertising”, Nithin, CEO & co-founder of Zerodha added.

Earlier in June 2020, the company announced an ESOP buyback plan at around 5X the booking value, thereby putting its valuation at $1 billion. According to Harun List, shared in August 2020, Zerodha was evaluated at $3 billion.

In FY19, Zerodha recorded a net profit of Rs.350 crore on a revenue of Rs.850 crore. Over the past five years, the total client base was increased by nearly 40X to 2.8 million. Even during the pandemic, it has witnessed its average monthly user addition to be increased by double.

 

Zerodha has also launched an incubator fund Rainmatter in April 2019. The fund was created to invest in early-stage startups. The fund has invested in more than 14 startups.

Zerodha has four registered entities: Zerodha securities, Zerodha Commodities, Zerodha Broking, and Zerodha Capital.

“If you try to be the best, you will be number One, but if you try to be unique, you will be the only One”. With a firm belief in this statement, the founder-siblings are aiming to add 5-10 million new Indian investors in 2021.

For more inspiring stories that showcase the innovative thinking and creative approach of young Indian entrepreneurs, stay updated with our latest blog posts.

You can also learn the current business trends, challenges entrepreneurs encounter and solutions that can help any business grow by visiting https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation Startup Strategy Technology

PM Narendra Modi Urges Youngsters To Join ‘Prarambh’, the Startup India International Summit on January 15-16; Here’s How To Register Online

Startups (Photo Credits: Unsplash)

Prime Minister Narendra Modi has called upon youngsters of India to attend ‘Prarambh’, the Startup India international summit on January 15 and 16. The Prime Minister asserted that the summit seeks to bring together top minds from industry, academia, investment, banking and finance besides young start up leaders. Taking to Twitter, the Prime Minister shared his LinkedIn post in which he noted that virtual interactions have become the new normal during the COVID-19 pandemic and said a big advantage of this is that people can be a part of programmes sitting at home. “With most events being held virtually, it has given a great opportunity for youngsters to be a part of many interesting domestic & global forums. One such opportunity is coming up in the form of Prarambh on 15-16 Jan. I urge our youth to be a part of it,” Modi tweeted on Monday.

Referring to the ‘Prarambh’ summit, the prime minister said India would also be marking five years since the Startup India initiative began. He said that this initiative has propelled India to being among the most attractive start-up eco-systems globally. Lauding the capabilities of the youths in India, the Prime Minister said that no words can do justice to the spirit of India’s youth. “Their penchant for innovation has led to outstanding results. Our start-up heroes are not merely coming from big cities but also from smaller towns. This is a good sign,” he added

Talking about the work from home opportunities, the Prime Minister noted and said work from home is in, so is greater adapting to technology. “For me, it meant more programmes online, which were extremely productive and insightful. There were interactions with scientists, medical professionals, COVID warriors, academics, industry leaders, young innovators, spiritual leaders and more,” Modi said.

The Prime Minister added that there were virtual summits, both bilaterals and multilaterals with world leaders, he noted, adding that “path-breaking” development schemes were launched through public events organised digitally.

About Prarambh:

‘Prarambh’ – Startup India International Summit – on 15 and 16 January 2021 in a virtual format. It will be organised by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry. ‘Prarambh’ means ‘an auspicious beginning’. As a verb, it implies ‘to start’.

The idea is to attain attention of global capital for startups in India, mobilize domestic capital, provide opportunities for accessing international markets to our startups and evolve enabling policy provisions.  The first day of the Summit has been devoted to host dignitaries and stakeholders from BIMSTEC member States. The day will witness participation of renowned stakeholders from startup communities of BIMSTEC member states engaging in multilateral discussions and showcasing best of their innovations.

Here’s How You Can Register for the Prarambh Summit:

  1. Youngsters can registered themselves on the official site i.e. https://www.theprarambh.in
  2. Click on ‘Register Now’ at the top of the page and fill in all the details that have been asked.
  3. Enter details like your name, address, email-id, sector, select country and state, city and category and then click on ‘Submit’.
  4. Youngsters can check the official website as it has all the details of the 2-day Start-up India International Summit.

The main objectives of the Prarambh Summit are given below:

  • Encouraging and inspiring the youth for innovation and entrepreneurship
  • Exchange knowledge on best practices on nurturing startup ecosystems
  • Develop capacities of entrepreneurial ecosystem
  • Mobilize global and domestic capital for investments into startups
  • Provide opportunities to startups for entering domestic (private and public) and international markets
  • Showcasing high-quality, high technology and frugal innovations from India
  • Enable ease of doing business for startups and investors.

The who’s who of the Indian as well as global Startup ecosystem are making a beeline for this event. Please mark this date for a marathon of in-depth knowledge sessions and exchange of global ideas! Prarambh is expected to bring together top policy makers, industry, academia, investors, startups and all stakeholders from across the globe. In addition to deliberating on good practices from best of the ecosystems across the world, the sessions of the Summit are designed to showcase the spread and depth of entrepreneurship based on innovation in India.

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Business motivation

A Success Story of Indian Startup that Braved the Pandemic to enter the Elite Unicorn Club!

supam maheshwari

In 2020, when the global pandemic of COVID gave birth to revenue crunch and economic slowdown due to the resultant lockdown, some Indian Startups acquired the status of Unicorns.

11 Indian startups in 2020 managed to brave the storm and raise funding to gain a valuation of more than $1 Billion to enter the elite Unicorn club. Today, in our Unicorns 2020 series, we are going to talk about ‘FirstCry’.

The successful startup FirstCry achieved its unicorn status after a decade since its inception. This Indian startup achieved its status in2020 by acquiring a funding deal of $400 million from SoftBank and raising its valuation to $1.2 billion in February, last year.

Founded by Supam Maheshwari and Amitava Saha in 2010, this Pune-based startup is an online and offline platform that offers a wide range of products for babies, kids, and moms. Supam Maheshwari, an IIM Ahmedabad pass out did engineering from Delhi College of Engineering began his entrepreneurship journey, early in his career.
His first company was an e-learning company called Brainvisa Technology. However, Brainvisa was acquired by Indecomm Global for $25 million in 2007.

Now a successful startup, Initially, FirstCry was full of struggle! Supam was facing challenges on an individual level, as he was about to become a father. His occupation at that time required him to travel abroad, frequently.

Many times, he would carry stuff for his new-born baby girl as the products available in the foreign country was more trust-worthy. Some of the products that he brought from abroad, did not exist in the local Indian market.

Hence, The idea of FirstCry was conceived with a desire to resolve the problems of millions of Indian parents who struggle to find the best product for their babies and kids.

Today, FirstCry has emerged as an undisputed leader in the omnichannel baby and mother care products segment. The brand offers more than two lakh baby and kid`s products across 2,000 brands. It has more than 300 stores, spread across 125 cities.

While the first tranche of $300 million has already been received by the company, the remaining Rs 703 crore ($100 million) has been reserved by SoftBank and is expected to be released on the second anniversary of the transaction in January 2021.

‘When failures hit you, you hit the failures back with Bounce Back’. FirstCry is the best example of how an Indian startup can succeed with a clear goal and a concrete business plan. For more such inspiring stories, visit www.badabusiness.com .

To know what it takes to establish a successful business, join our Everything about Entrepreneurship course. To know more, click here: https://www.badabusiness.com/?ref_code=ArticlesLeads !

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Business motivation

Digital Transformation: 4 Reasons SMEs need to go online!

msme digital transformation

Over the last couple of months, it has become quite evident that digital transformation is imperative for every business, especially SMEs. Digitalization has become a non-negotiable requirement without which companies will fail to run afloat.

Gartner published a report according to which 70% of the organizations during the challenging times in 2020, intend to leverage technology more effectively than ever to reduce TCO (total cost of ownership).

Though there is a basic reluctance, digital transformation for SMEs is a bus that they need to hop-on, more out of necessity than a desire. While big companies have already embraced the change, SMEs need to create a road map.

Although there are many more reasons to take your business online, check out the top 4:

Attract More Customers

Enhanced visibility means more customers! Going digital will increase your engagement with the target audience. Customer relationships will become better as you gain access to statistics and market insights through different tools. This will help you create better products and devise new marketing strategies.

  1. Smooth Operational Process

Technology can automate many core processes and increase efficiency. As a digitized SME, it will help you in better management of the available resources. It will also give you more control over logistics.

  1. Identify Shortfalls

Digital transformation of MSME can figure out the areas that require improvement. Digital tools can enable the smooth tracking of employee productivity, training schedules, and identify other shortfalls in the workforce.

  1. Risk Management

Data is the new oil, which means it is invaluable. Hence, going digital will help you protect the company`s sensitive information. Plenty of security software is available through which you can keep tabs on financial data and physical assets via advanced surveillance.

  1. Reduces Cost

Digital transformation for SMEs can also help reduce operational costs by automating core processes, thus reducing the need for more manpower.

As more and more industries are getting digitalized, SMEs must build an internal strategy to adopt the innovation as they contribute a major chunk to India`s GDP.  Taking your business online is not difficult if you have step-by-step instructions and the correct information.

To tackle all the challenges you are facing in digitalizing your business, you can learn and take the experience of 2000 years of the most successful billionaire businessmen. To find out more about the courses, click https://www.badabusiness.com/psc?ref_code=ArticlesLeads 

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Business motivation

WhatsApp Shopping ‘Cart’: A Smart Tool for Smart Business Owners!

WhatsApp Shopping

Now, along with staying connected, WhatsApp users can place orders with the new ‘carts’ feature in the app.  With more than two billion users base worldwide, WhatsApp has more than 340 million Indian users, which makes India WhatsApp`s biggest market.

Having such a vast audience, WhatsApp has gained the attention of small business owners and retailers. This Facebook-owned instant messaging app has allowed small retailers to sell their products via their platform service and has become a ‘WhatsApp e-commerce store’.

According to a recent Harris Poll survey, highlighted by WhatsApp revealed that 76 percent of adults in India said that they are more likely to purchase from a company that they can contact via an instant messaging app than the one they cannot. 81 percent of the Indians agreed that messaging through a chat app is a much easier, faster, and convenient way to communicate.

Hence, to provide more comprehensive services to consumers and ease for selling small businesses, this instant messaging giant has launched a feature called ‘carts’. Resembling a storefront, this new and innovative feature lets the customer’s purchase products without having to switch to another app.

It also gives them access to explore the catalog, chat and discuss a particular shortlisted product with their friends, family, or colleagues and buy it, right from their chat window.

Small business owners, entrepreneurs, and solopreneurs can use their catalog to showcase their goods or services, and then chat with the customer to coordinate the details and payment. Also, the ‘cart’ feature within the app makes the process of transactions easier for businesses through this app.

“WhatsApp is fast becoming a store counter to discuss products and coordinate sales. Catalogs have allowed people to quickly explore what’s available and helped businesses organize their chats around particular products. With more and more shopping happening through chats, we want to make buying and selling even easier,” WhatsApp said in a blog post.

With ‘Carts’- the new WhatsApp shopping button, people can select multiple products by browsing through a catalog and send the order as one message to the business.

More than 175 million send messages to a Whatsapp Business account every day, and around 40 million people check out a business catalog each month, including more than three million in India.

If you are looking to add your business on WhatsApp business, you should do it without any further delay. The new WhatsApp shopping feature will help you maximize the reach of your business and will help you expand it with a large customer base.

There are more effective strategies that will help you increase and attract customers with zero to low-investment techniques. Discover these smart tips by learning about our Everything About Entrepreneurship courses that also offer 20 Problem Solving Courses. To know more click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

Phone to Fork: How Foodtech Industry in India is bringing a Revolution!

foodtech

The COVID-19 pandemic has forced the customers to shift their mindset around food in very exciting ways. People rely more on food deliveries due to the imposed nationwide lockdown restrictions and the apprehensions related to virus infection.

According to the National Restaurant Association of India (NRAI), the restaurant industry in India accounts for an annual estimated turnover of Rs 4 lakh crore and employs around 7.3 million people. But thanks to the boom of food tech, the future looks promising!

As more and more Indians are installing food delivery apps on their phones, this innovative space has revolutionized the way we order and look at food like never before. With a click of a mouse or a touch on the smartphone screens, people are enjoying their favorite meals and receiving mouth-watering desserts right at their doorstep.

The food tech in India is expected to grow and even the investors are unable to stop themselves from taking a plunge in this sector.

Though the industry might take time to bloom completely, here are few trends that can help to survive even the small restaurants and café owners to up their business plan:

A Shift in Consumer Behaviour

The pandemic has changed not the way we look at our food, but also consumer behavior. Due to technological advancements, consumers have become more time conscious. From the time taken to prepare an order to the delivery time, tracking is imperative at every step.

They demand high-quality food and are now more interested than ever to know where it is coming from. Social media platforms like Instagram and Snapchat have made it convenient for consumers to become “food producers”. Hence, keeping tabs on the current consumer behavior can be the best food tech industry survival plan in 2021.

Rise of Cloud Kitchen & Ghost Kitchen

As the consumers preferring enjoying quality meals indoor, demand for cloud kitchen has seen an upsurge. The food-tech start-ups and few restaurants are working on slashing costs & serving good quality food. In their quest, the companies have found a cloud kitchen to be an excellent way to offer Indian customers both- quality food along the convenience to receive it right at their doorstep.

Though this concept is new in India, foreign countries are employing it massively.

Food meets Technology

The use of machines in the food industry offers quality and affordability. Machines take down the cost of the company by increasing productivity. The rise of robotics in the food industry is an excellent example of food tech.

The use of Robotics in the global food industry can help to eliminate safety issues and save many work injuries too.

Food tech in India is not just about smart ovens anymore! It is more about health, sensors, and a lot more. When it comes to investing or expanding the food tech industry in India, it is a win-win situation for both- investors and food start-ups.

If you are thinking about having your food start-up or revamping your small food stall, you can do it with zero or small investment. Want to know how? By learning from the experts!

Top 70 business gurus who have started from 0, and are running a successful business of crores today will share their expertise with you.

Discover their Secret Mantra to make any business successful through interactive Hindi videos right on your phone with Bada Business app. Ask your doubts, resolve your queries, and discuss your ideas with India`s topmost industry experts. For more information, visit: https://www.badabusiness.com/?ref_code=ArticlesLeads Click now!