Delayed payments and the resultant shortfall in working capital is something that probably every SME has to grapple with in India. According to Manish Kumar, CEO and founder of bill discounting marketplace KredX, nearly 97% of SMEs do not receive payments for their invoices within the agreed time. In an exclusive interaction with Sourcing Hardware
Their initiatives are helping the industry overcome the disparity in supply and demand for the adequately trained human resource, and simultaneously boosting their organisations’ bottom lines. By Mrinmoy Bhattacharjee Satish Kumar, country manager, Deceuninck Profiles Initiatives Deceuninck runs skill development programmes on two fronts – on the shop floor for operators to learn the right
There is all round realisation that skilling of the country’s population can propel economic growth. The government’s vigorous championing of skill development is prompting the industry to take matching initiatives, which will eventually make the skilling process sustainable. A business case is emerging for all activities related to vocational training. By Mrinmoy Bhattacharjee A skilled
Anil Kumar Goel, managing director of Hettich India, is bridging the skill gap in the domestic woodworking industry. He is spearheading his company’s CSR initiative in the form of Hettich Poddar Wood Working Institute (HPWWI), which has been recognised as a Centre of Excellence by National Skill Development Council. The institute is a one-of-its-kind entity
Prof Frank Huster and Duravit celebrate the 25th anniversary of the Architec series When he started working on a bathroom for Duravit in 1993, designer Prof Frank Huster opted for clear lines and the fundamental elements of the circle and square, which resulted in the Architec series. The clearly understandable form of Architec was devised
Environmental sustainability, new materials and robust policy are now crucial to mall design, remarks Ar Dikshu C Kukreja of New Delhi-based CP Kukreja Architects. He presents his insights on the changing landscape of the building structure to SH. By Mrinmoy Bhattacharjee Going forward, what will be the requirements and parameters to measure the environmental sustainability
Malaysia-headquartered plasterboards specialist USG Boral is betting big on India’s much reformed and raging infrastructure sector. It has made its intentions clear of playing a long-term game on the domestic turf on the back of sustainability and green planks by rolling out India-specific solutions from its newly-setup plant. The company’s CEO for India ops Sumit
Reema Roy says that Forbo’s flooring solutions are recongnised by GRIHA and IGBC and are widely used in green buildings. By Mrinmoy Bhattacharjee How do you view the likely increase in the number of malls in India? Being an end-to-end flooring solutions provider, Forbo Flooring definitely sees the growth in a number of malls as
The Mumbai-based fintech firm is helping MSMEs with collateral-free and cash flow-based loans for their varied financing needs. By Mrinmoy Bhattacharjee Loans4SME is catering to the cash-strapped fast-growing small and medium enterprises (SMEs) and early-stage startups. The fintech marketplace connects businesses with lenders to offer collateral-free and cash flow-based loans. The company’s core competency lies
‘I believe an e-bike is not just a fashion statement, it is a moral statement.’ By Mrinmoy Bhattacharjee Ever wondered what e-bikes and window systems have in common? For one, both reduce damage to the environment by minimising energy consumption while simultaneously bolstering the health of the user. And second, they offer a means to
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