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Packaging industry in boom in India

  The packaging industry is the fifth largest sector in India's economy and from reports of the Packaging Industry Association of India, its market is valued at $50.5 billion in 2019, expected to become $204.81 billion by 2025, and would register a CAGR of 26.7% from 2020 to 2025. It is a high-growth industry developing at 22-25% per annum and a big hub for future growth. Research analytics recently suggest that packaging consumption in India has increased to 200% in the past decade, which is higher from 4.3 kgs to 8.6 Kgs per person per annum.  Increases in the production of necessary supplies such as medicines, disinfectants, food, and dairy products, require proper delivery. At this significant mile, the pandemic has contributed to the growth of the sector. The E-commerce industry a leading global player is bringing huge investments to this sector. vividhpack.com  
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Data analytics




How is BIG DATA beneficial?

Big Data and other analytical tools bring more efficiency and improve the citizens’ lives. 

  • According to 87 percent of all federal IT officials and 75 percent of state IT officials, the use of real-time big data solutions will save a significant number of lives each year. Medical researchers can aggregate information for health care outcomes to reveal patterns that lead to more effective treatments and detection of outbreaks.
  • Seventy-five percent of state IT officials think big data is extremely useful in public safety. 
  • Real-time big data is helping government improve the quality of citizens’ lives, according to 75 percent of federal IT officials.
  • Federal IT officials say real-time analytics of big data can help reduce the federal budget by at least 10 percent annually, or about $1,200 per citizen, by detecting improper health care payments before they occur, according to the TechAmerica survey.
I get a lot of information of how big data is being pursued at rapid pace. How is the competitive landscape in analytics with SAP, SAS, SaaS etc. needs a lot of thorough details and research. Hopefully there is  a treatment where all snslytics could be ascertained for their utility and application. Data analytics could leverage a lot of market power in years to come, as against computing, or tech.

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Packaging industry in boom in India

  The packaging industry is the fifth largest sector in India's economy and from reports of the Packaging Industry Association of India, its market is valued at $50.5 billion in 2019, expected to become $204.81 billion by 2025, and would register a CAGR of 26.7% from 2020 to 2025. It is a high-growth industry developing at 22-25% per annum and a big hub for future growth. Research analytics recently suggest that packaging consumption in India has increased to 200% in the past decade, which is higher from 4.3 kgs to 8.6 Kgs per person per annum.  Increases in the production of necessary supplies such as medicines, disinfectants, food, and dairy products, require proper delivery. At this significant mile, the pandemic has contributed to the growth of the sector. The E-commerce industry a leading global player is bringing huge investments to this sector. vividhpack.com  
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