Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10% of the country’s gross domestic product (GDP) and around eight% of the employment. India is the world’s fifth-largest global destination in the retail space. A chain is a serial assembly of connected pieces, called links, typically made of metal, with an overall character similar to that of a rope in that it is flexible and curved in compression but linear, rigid, and load-bearing in tension. A chain may consist of two or more links. Chains can be classified by their design, which can be dictated by their use: Those designed for lifting, such as when used with a hoist; for pulling; or for securing, such as with a bicycle lock, have links that are torus shaped, which make the chain flexible in two dimensions. Small chains serving as Jewellery is a mostly decorative analogue of such types. Those designed for transferring power in machines have links designed to mesh with the teeth of the sprockets of the machine, and are flexible in only one dimension. They are known as roller chains, though there are also non-roller chains such as block chain. Two distinct chains can be connected using a quick link, carabiner, shackle, or clevis. Load can be transferred from a chain to another object by a chain stopper. Chain Link Fencing as popular security fences is easy to weave and install. In general, the materials are hot-dipped galvanized wire, electro galvanized wire, vinyl coated wire, black coated wire. Here is the chain link fence weaving processing. The manufacturing of chain-link fencing is called weaving.
The global Round Link Chains size is estimated to be INR 32000 Crores in 2021 from INR 31000 Crores in 2020. The global Round Link Chains market size is expected to grow at a CAGR of 6.8 % for the next five years. Link Chain is a very vital part of material handling equipment. It is mainly used in handling activities and used in Cranes, Chain Drives, Conveyor Systems, Road Transport and Railways etc. These are also used in Fishing and Shipping Activities, Dairy and Agro farming activities, Manual Weighing Systems etc. As per the available information, there are very few units in the country manufacturing butt-welded link chains.
A growing number of companies that make employees and customers paramount, a radical shift occurs in the way they manage and measure success. The new economics of service requires innovative measurement techniques. These techniques calibrate the impact of employee satisfaction, loyalty, and productivity on the value of products and services delivered so that managers can build customer satisfaction and loyalty and assess the corresponding impact on profitability and growth. In fact, the lifetime value of a loyal customer can be astronomical, especially when referrals are added to the economics of customer retention and repeat purchases of related products. the business environment is more complex, interconnected and fast-moving than ever before. Customer supply chains are characterized by shorter lead-times and increased service expectations. Against this backdrop, Companies often underestimate the importance of supply chain performance to their overall success and profitability. The performance of supply chains is driven by the collaborative efforts of multiple stakeholders, including manufacturers, suppliers, logistics service providers and distribution channels.
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