FICCI has engaged Bureau of Research on Industry & Economic Fundamentals (BRIEF) Pvt Ltd to undertake the research exercise & draft the report.  Post the extensive research exercise & analysis of responses from respondent organisations, a comprehensive report on the status of skill development would be prepared that would be disseminated at the FICCI Global Skill Summit 2017.

The post Industry Engagement in Skill Development: Skill Gap in High Growth Manufacturing & Service Sectors appeared first on BRIEF.

For the study, PIF partnered with BRIEF to undertake a primary survey.

Data for this study was collected through a structured questionnaire drafted by BRIEF in consultation with PIF. Further, the collected data was cleaned and analysed and presented in a presentation format to PIF.

The post Survey of Direct Selling Companies in India appeared first on BRIEF.

For this study, PwC engaged BRIEF to collect required information from the list of companies. In this regard, a field team of specialized researchers from BRIEF visited the concerned companies to collect information using a prescribed format.

Post data collection, the same was coded, cleaned and was used for analytical purposes.

The post Study of Private Sector Experience with Inspection in India appeared first on BRIEF.

The post Penetration of IT in Medium and Small Enterprises in India appeared first on BRIEF.

The objective of the study was to understand industry’s growth perceptions and expectations of Indian industry players. More specifically, the study envisaged an understanding of the growth perceptions and expectations of Indian industry players on broader parameters like cost of production, industrial policy, economic growth, fiscal, monetary and trade policies, inflation and employment. The policies and the schemes of the government that interface with activities of the small firms were specific to the subject matter of the survey inquiry, which covered 78 per cent of firms with turnover less than Rs. 100 crore.

The respondents from the firms with lowest turnover range expected better growth in the next two years compared with next six months while respondents from the firms in the higher turnover range believed in negligible growth.

There is broad consensus on some of the crucial aspects. First, Indian tax structure is not conducive to help business growth, and the same is true for the indirect taxes imposed by the government. A rollout of GST is anticipated to bring in a sea of changes in the current distortionary tax regime. Second, there is a broad agreement on exchange rate intervention to plug the slide of Indian currency.

Indian industry, the pillar of the Indian economy is passing through a challenging phase. The industry which is one of the strongest influences on GDP has not been performing to the level it did, especially during the 10 years of steady 8% growth. But perception of the Indian industry, specifically that of MSMEs is positive and a comforting outlook on the future of this segment of the industry. There is no doubt that there are issues and challenges affecting growth, but regardless of these obstacles, the MSMEs believe that not only can the industry improve but it can carry, on its shoulders, a part of the economy as well.

The post Business Perception Study of Indian Industry appeared first on BRIEF.

The post Strengthening the Textiles and Clothing Sector in South Asia appeared first on BRIEF.

While there has been some investment and calls for increase in power capacity, a third of Indian citizens, especially in the rural parts of the country remains without power, as does 6% of the urban population. India suffers from an acute shortage of electricity and power, even after being the fourth largest consumer of electricity and power in the world. In India, with a population of 900 million (1.2 billion minus 300 million without power), the per capita consumption stands at 96 KWh in rural areas and 288 KWh in the urban regions.

The burgeoning demand with shortage in supply has resulted in intermittent power cuts across India at a regular basis. There have been two instances of major cuts in the country as well. The January 2nd 2001, power cut resulted in a loss of 2.5 billion rupees to the industry, while the second black out on 30th July 2012, which continued till 31st July 2012, shut down northern industry completely.

While the research data painted a rather grim picture of the current scenario in the power sector, the survey results showed a different view. Where the data may suggest that India Inc may be negatively impacted by the power situation of the country, it was surprising to discover that other than an increase in costs mainly that in fuel, there was minimal impact of power failures and outages on the various businesses. It revealed that the business owners across the country have adapted rather well, by installing back up or captive units, negating the impact on operations, production and various other processes of their enterprises. The original premise that power failures, especially the larger ‘black outs’, had a serious negative impact on the Indian businesses was challenged.

The post Lack of Affordable and Quality Power Shackling India’s Growth Story appeared first on BRIEF.

Spread over a huge geographical area, there are several forms of industrial estates in India, namely Industrial Zones, Investment Promotion Zones, Special Economic Zones etc. It is understood that the National Investment and Manufacturing Zone, which has been newly formed by the Government of India as the favourable ground for manufacturing sectors industries to be attracted.

In this context, a survey was conducted on industrial estate development in India to study the investment trends and, physical and policy set-ups of the industrial estates of India. The survey and interviews were carried out by BRIEF on the subject, with relevant respondents at the zones with zone developers at various Industrial Zones, Investment Promotion Zones, Special Economic Zones etc. in the states of Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra and Tamil Nadu.

The post Survey on the patterns and format of SEZs, Industrial Zones, etc. in India appeared first on BRIEF.

The study indicated that there were huge credit gaps in financial year 2009, which on an average is 50% of the estimated credit requirement. This study further indicated that in order to widen the scope of financial inclusion, avenues have to be found beyond the banking sector to reach out to the MSME sector. In this perspective, GIZ felt there is a research gap in studying and understanding the non-financial gaps for MSME support services. Accordingly, the study was launched to estimate the non-credit gaps in 10 MSME clusters in India. MSMEs need various services at different stages of their development for e.g. during start-up stage, consolidation stage, growth stage, diversification, etc.

BRIEF conducted an analytical study to capture the current status and requirements through secondary and primary research. We developed research guidelines (assessment tools) for key stakeholders (cluster actors) and opinion leaders through close consultations with experts. Data was collected through a mix of quantitative and qualitative methods. At least 30 MSME respondents were identified for each cluster and well-distributed across micro, small and medium enterprises.

The recommendations were given at cluster level considering the various aspects like Marketing Gaps, Government BDS Gaps, Private BDS Gaps, Skill Gaps, Energy Efficiency Gaps, Environment Gaps, ICT Gaps, Quality Gaps and Policy Gaps among others.

The post Need Assessment across 10 MSME Clusters in India appeared first on BRIEF.