Unveiling Moglix`s Growth Strategy: Aiming for 30-40% YoY Growth Amidst Plans for Profitability
Unveiling Moglix`s Growth Strategy: Aiming for 30-40% YoY Growth Amidst Plans for Profitability
Mr. Rahul Garg (CEO & Founder, Moglix ) unveils Moglix’s Journey Towards Profitability and Exponential Growth in an Exclusive HBL Interaction.
B2B industrial goods e-commerce unicorn Moglix will turn profitable in the next 18 months, even as it eyes growth of 30 to 40 per cent year-on-year for the next few years, said founder Rahul Garg.
We are well capitalised and will become profitable in the next one and a half years. We are in a unique spot in that we have a very good balance sheet, capital in the bank, and an extreme runway,
said Rahul Garg.
Generative AI: Paving the Way for a Data-Driven Business Era
Generative AI: Paving the Way for a Data-Driven Business Era
The rapid rise of Artificial Intelligence (AI), led by generative AI technologies, is unlocking the next productivity frontier. Research estimates claim that generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually to the global economy.
Generative AI possesses the capability to reshape the nature of work, enhancing the abilities of individual workers by automating certain tasks they perform regularly.
Integrity in Construction: Why Safety and Quality Control is the Bedrock of Infrastructure
Integrity in Construction: Why Safety and Quality Control is the Bedrock of Infrastructure
Infrastructure is the lifeblood of any thriving economy, and as our country strives to become a US$26 trillion powerhouse, a massive infrastructure overhaul is underway. However, this rapid growth must not come at the cost of quality control and safety measures.
Visualize the potential risks of driving on a bridge that lacks stability or residing in a building plagued with safety hazards. These scenarios are not merely theoretical but there have been unfortunate instances where compromising on infrastructure quality has had real-life implications.
The Future of Urban Logistics: Electric Vehicles and Last-Mile Solutions Leading the Way
The Future of Urban Logistics: Electric Vehicles and Last-Mile Solutions Leading the Way
The urban population in India, which stood at 34.9% of the total in 2020, is expected to double by 2050 according to United Nations projections. As the urban population swells and the challenges of logistics loom large, innovative solutions are emerging to reshape the way we navigate our cities.
At the forefront of this transformation are electric vehicles (EVs) and last-mile solutions, heralding a new era of efficiency, sustainability, and seamless delivery experiences.
Breaking the Fashion Mold: The Textile Industrys Path to Sustainability
Breaking the Fashion Mold: The Textile Industrys Path to Sustainability
Seventy-five per cent of all waste generated by the textile industry is disposed of in landfills globally, as per a report by the Ellen MacArthur Foundation. The report adds that less than one per cent of all textiles are eventually recycled back into clothes. This highlights the unfashionable situation that the textile industry finds itself in.
Estimated to contribute around eight per cent to global emissions, the industry is key in helping the world achieve its climate goals. Thankfully, the interconnected nature of the industry is enabling cooperation that transcends national borders.
From Chaos to Precision: How Technology is Streamlining Construction Operations
From Chaos to Precision: How Technology is Streamlining Construction Operations
A transformative shift is underway in the construction landscape. With new-age digital solutions, companies are streamlining their supply chain and operations like never before, turning chaos into clockwork precision.
As per a McKinsey report, construction companies that integrate digital technologies in their supply chain and procurement processes can achieve productivity gains of up to 20% and cost reductions of up to 15%.
Navigating the Collaborative Future: Augmented Intelligence and Human-Machine Partnership
Navigating the Collaborative Future: Augmented Intelligence and Human-Machine Partnership
AU emerges as a powerful concept that seeks to enhance human intelligence rather than replace it with technology. By combining the unique strengths of humans and machines, AU unleashes greater cognitive performance and facilitates better decision-making.
The rapid advancement in this field is truly remarkable, with projections from MarketsandMarkets indicating that the global human augmentation market is set to reach a staggering USD 341.2 billion by 2026.
Innovation in Motion: Exploring the Journey of Warehouse Automation
Innovation in Motion: Exploring the Journey of Warehouse Automation
In today’s hyper-competitive business environment, staying ahead of the curve is a prerequisite for survival. With the market for warehouse automation projected to reach $37.6 billion by 2030, businesses cannot afford to ignore the transformative potential of automation. While more than 80% of warehouses lack any form of automation, the market is rapidly evolving, with an estimated CAGR of 10% between 2021 and 2030.
The benefits of automation are undeniable: increased efficiency, improved accuracy, enhanced safety, scalability, flexibility, improved customer service, and a significant competitive advantage.
Unleashing the Power of Independent Thinking: A Leader`s Guide
Unleashing the Power of Independent Thinking: A Leader`s Guide
Unleashing the Power of Independent Thinking: A Leader’s GuideRead More
Gaining a Competitive Edge: Harnessing Big Data Analytics for Supply Chain Excellence
Gaining a Competitive Edge: Harnessing Big Data Analytics for Supply Chain Excellence
In an exclusive interview with Manufacturing Today, Arun Kumar Singh, Senior Director, Moglix, shared insights on exploring the role of big data analytics in the supply chain industry.
He highlighted the importance of data-driven decision-making and offers insights into how companies can overcome barriers and leverage data analytics to enhance efficiency, reduce costs, improve customer satisfaction, and gain a competitive advantage in the manufacturing industry.
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