{"id":476,"date":"2016-12-23T12:02:11","date_gmt":"2016-12-23T12:02:11","guid":{"rendered":"https:\/\/praxisinfosolutions.com\/?p=476"},"modified":"2024-04-03T09:45:24","modified_gmt":"2024-04-03T04:15:24","slug":"is-it-right-time-to-invest-in-sap-business-one","status":"publish","type":"post","link":"https:\/\/praxisinfosolutions.com\/blog\/is-it-right-time-to-invest-in-sap-business-one\/","title":{"rendered":"Is It Right Time To Invest In SAP Business One?"},"content":{"rendered":"

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Is It Right Time To Invest In SAP Business One?<\/span><\/strong><\/h2>\n<\/div>
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I read in TOI today that India has become the fifth largest economy in the world for the first time in last 150 years, by pipping UK to the sixth position. Though the margin of difference is small today, it is expected that it will keep increasing since India is expected to grow at 6 to 8 per cent per annum, as against 1 to 2 percent per annum of UK. This seems to be a reflection of the fact that the fundamentals of Indian economy are sound and it has the potential to keep moving up this ranking in years to come.<\/p>\n

Industrial output is one of the key contributors to the economic growth. Whereas the output by large companies is often discussed and celebrated the SME sector too keeps contributing to the economy, though with less fanfare. In India, around 36 million SMEs are generating 80 million employment opportunities, contributing 8% of the GDP, 45% of total manufacturing output and 40% of the total exports from the country.<\/p>\n<\/div><\/div>