My Bookmark

The E-commerce industry has been directly impacting micro, small & medium enterprises (MSME ) in India by providing means of financing, technology and training and has a favourable cascading effect on other industries as well. Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest E-commerce market in the world by 2034. Technology enabled innovations like digital payments, hyper-local logistics, analytics driven customer engagement and digital advertisements will likely support the growth in the sector. The growth in E-commerce sector will also boost employment, increase revenues from export, increase tax collection by ex-chequers, and provide better products and services to customers in the long-term. Rise in smartphone usage is expected to rise 84 per cent to reach 859 million by 2022.

Opportunity in PV Solar Industry

Mainly due to the COVID-19 pandemic that has impacted the supply chain as well as execution of projects, according to a report by rating agency ICRA. The solar capacity addition in 2019-20 was also 15 per cent lower at 6.5 GW than its earlier forecast of around 7-7.5 GW.

India, with 750 GW of solar potential, has also one of the highest transmission and distribution losses in the world. So, while there is immense scope in PV deployment, there is a need for greater investment in grid related projects also to help the country best utilise its renewable energy potential , says the latest report by SolarPower Europe and National Solar Energy Federation of India (NSEFI) which also makes recommendations to help accelerate investments in the solar sector. India presents vast market entry opportunities for investors as it is set to emerge as the second largest PV market over the next five years. The country is expected to install close to 90 GW of new solar capacity between 2019 and 2023.

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Opportunity in Electric Vehicle Industry

As a rule of thumb, the energy consumption of an average household will double with the installation of an EV charging point, assuming the car is regularly charged at home. As EV adoption increases, both the grid connection of a household and power grid as a whole will have to accommodate rising demand. Given the differing charging needs of average households compared to commercial fleets, energy suppliers can mitigate some of this effect through effective load management.

Growth in EV sales has been impressive in recent years. From 500,000 units manufactured in 2015 to 2.2 million in 2019. However, real growth is yet to come, and it will be a huge challenge for humanity, because it will require a change in the energy model that is necessary for the decarbonization of the planet.

Without any doubt, we are experiencing a shifting landscape, prompting many questions and challenges. Some of these relate to the technology itself, to the capacity of strategic sectors to support EV demand, and to business models that may emerge, in addition to many others. In this article we will try to respond to some of these questions, especially focusing on the European electric vehicle market.

A total of 564 thousand of these units were sold in Europe. For 2020, before the COVID-19 crisis, the outlook for global growth stood at around 36%, with 3 million new unit deliveries. This trend was set to continue in 2021, with 4 million units (5% of all vehicles). Although COVID-19 has impacted the current sales, it has also proved how big is the impact of the fuel road transport to the overall pollution. Now more than ever we realize how important is to care our environment. The total electric vehicle stock was forecasted to be 13 million (9.2% penetration), and this trend will continue to rise for decades. This growth will be influenced by several factors, according to specialist firms and pacesetters in the sector.

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The E-commerce industry has been directly impacting micro, small & medium enterprises (MSME ) in India by providing means of financing, technology and training and has a favourable cascading effect on other industries as well. Indian E-commerce industry has been on an upward growth trajectory and is expected to surpass the US to become the second largest E-commerce market in the world by 2034. Technology enabled innovations like digital payments, hyper-local logistics, analytics driven customer engagement and digital advertisements will likely support the growth in the sector. The growth in E-commerce sector will also boost employment, increase revenues from export, increase tax collection by ex-chequers, and provide better products and services to customers in the long-term. Rise in smartphone usage is expected to rise 84 per cent to reach 859 million by 2022.

Though the line between physical and digital commerce is blurring, the difference in growth trajectories between retail and ecommerce is still stark (though not as stark as it once was.)

The digital marketplace and eCommerce landscape is ever-changing and there is no denying the Coronavirus global pandemic has had a real effect on this and digital experience, creating more challenges for marketers. Making online content more accessible means ensuring that all people can read and understand it – taking into account any disabilities they may have or assistive devices they could be using to access it. This includes those with disabilities such as impaired vision, motor difficulties, cognitive impairments or learning disabilities, deafness or impaired hearing.

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Beyond 2020

Predictions about the future don’t come with probabilities or precise timelines. But the creative destruction happening in retail presents both threats and opportunities, the likes of which merchants have never seen before.

You don’t have to seize every trend vying to shape 2020 and beyond. What your customers do expect is that you’ll meet them where they are, providing a valuable customer experience regardless of whether it comes offline, via voice, or the expectation that you operate in eco-friendly ways.

Nothing is for certain. But when one channel, device, or big idea in commerce becomes obsolete, expect another to emerge in its place. Retail death loses its sting when merchants realize they can be