Entrepreneurship

Mining industry has many associated risks, especially for the workers on site. Therefore, it is important for all the employees to take proper training and gain knowledge related to the machines and equipment used in operations which are designed to improve efficiency and reduce human effort.  Depending on the task to be performed( mining below the ground, mining above the ground, mining gold, coal, crude oil or metal), there are many types of mining equipment that are used on the site. Excavators, drilling machines, crushing and grinding equipment are some of the most common machines used. Whether you belong to the industry or outside it, here are a few machines that you must know about: Draglines: These are huge machines used for moving for segregating debris from the upper surface and exposing the underlying coal or mineral deposits. One of the largest machines built till date, these are built at a particular location, dismantled at another and travelled to the req...

Buying a commercial property is not an easy task. Before doing so, one needs to understand the various risks involved and how to tackle them. The idea should be that in a few years of renting or leasing, it must reap a better result. In case the buyer fails to assess each and every risk, it can have a huge impact on business. Mentioned below are a few important factors according to market leaders like the  KCT Group  that should be considered before buying commercial property:  Location  A lucrative location today may not be the same tomorrow. Predicting the future may not be possible but understanding the various businesses and their strategies in the area might be helpful. Further, the distance from the suppliers to consumers should be considered. Connectivity via road, water and rail transport should be available for the business to run successfully.  Budget  While buying any commercial property, a budget is required. It is important to...

The mining industry is one of the very few places where people face a very hard time due to the working environment. In this working environment, the chances of an accident are very high and proper precautions need to be taken to ensure safety of the people working inside. Mentioned below are a few safety tips that industry leaders such as the KCT & Bros. (Coal Sales) Ltd recommend: Hazard Communication During any kind of hazard, the first thing that needs to be done is informing everyone. Once people are aware of the situation, they can act accordingly. To make sure everyone knows about the potential danger, it is the duty of the mining company to develop a competent hazard communication process that is followed throughout the workplace. Explosive Safety In many mining sites, explosives are quite common as they are used to burst open the earth’s surface. These explosives should be handled very carefully as they are a potential life threat. However, in many scenar...

India relies on its fossil fuels for multiple operations. Whether it is the heavy industry, the economy or satisfying the personal use of its citizens, the country has found major support in its vast reserves of coal, petroleum and other natural resources.  However, with major blows in the environment department and environmental concerns doubling each day, it is no surprise why India has switched to alternative energy sources to ensure sustainability for future generations. The country has always been enthusiastic to optimize the use of resources to its best use. In fact, India was the first country to set up the ministry of non-conventional energy resources in the 1980s. Renewable Energy Capacity India’s overall installed energy capacity had been 329.4 GW as of 14 June 2017, out of which the renewable resources accounted for 57.472 GW. While solar constituted 19%, 61% of the renewable power came from the wind. The country’s hydropower (which falls under the Ministry...

Global aquaculture experts see India as a land of promise as far as shrimp industry is concerned. The latest developments in this domain have opened doors for lucrative business opportunities that one might like to grab. Renowned industrial players such as Waterbase limited, a business line of KCT group are plunging into this domain with the expectations to get good returns.    There are several states in India that offer a fertile ground for shrimp business such as Andhra Pradesh, West Bengal and especially the Indian west coast which has so much of untapped potential. Particularly the south Indian states of India which have the potential to give a tough fight to countries like Laos or Vietnam but a lot of infrastructure, man-power and finances are required for that.         Since 2010, cultured shrimp exports in India have been growing at a rate of 30% per annum but that comes from only 9% of brackish water being utilized. Even the most int...

In the last couple of decades, India has witnessed a tremendous upsurge in aqua farm and shrimp business. Though we might still be behind the league from countries such as China, Taiwan, and Indonesia, the current market trends show that the industry is on the upward curve. Thanks to the industrial giants including the likes of KCT Group coming to the forefront in shrimp farming and aquaculture business, this industry in India is once again revived.      In the past 10 years, fish production in India has been doubled and brackish water aquaculture farming has been introduced in many areas. While Indian shrimp farmers are more or less familiar with freshwater farming, brackish aquaculture farming is a new concept for them. This kind of shrimp farming entails breeding of sea bass, grey mullet, tiger shrimp and mud crabs. Interestingly, both local and big industrial giants are adopting it as it promises to give better yields.      Boasting a coastli...