cloudBuy aiming at 'Make in India' with a new program

MUMBAI, INDIA: Global Marketplace provider cloudBuy's launch in Mumbai is claimed to speed up India’s aspirations to be the leading economy and the "Make in India" campaign. Global suppliers on the cloudBuy marketplace have seen sales increase by over 1,000 per cent.

Indian suppliers that are not yet selling on the cloudBuy marketplace and those with competitive products in the global market could increase their exports 10 times. CloudBuy's partnership with SYNISE means that 15,000 Indian suppliers will be able to immediately take advantage of this benefit, says the company.

It highlights that Double Olympian, Ronald Duncan is launching his Peak Performance Program that brings together his 10 years of experience of elite sport and his experience in creating and supporting over 280,000 start-up businesses. eCommerce is just starting in India and set to grow from $16 to $30 billion.

However this is a small fraction of the size of the $ 109 trillion B2B market.There are major advantages for retailers in automating both their sales and their supply chain at the same time; cloudBuy is unique in its ability to do both, it stressed at launch announcement.

Ronald Duncan added, "We have over 30,000 importers in the UAE that we expect to be shortly working with who are interested in sourcing from India, and we are working quickly to get as many quality Indian suppliers onto the system, so that we can help the Make in India campaign. The analysis technology allows $ 10 billion of spend to be analysed per day, and the results can be implemented in weeks. This speeds up a cycle, where previously this level of detailed analysis took years; followed by more years of planning and implementation. Cloud technology allows the years to be delivered in weeks. This is a key factor to help with the modernization of Indian industry so that Made in India programme can be a great success and deliver the productivity strides required to increase output by 10 times to meet the export demand for good value goods and services.