Posted On : Feb 17, 2020
Updated On : Feb 17, 2020
Expires On : Apr 07, 2020
Indian Manufacturing ERP market was valued at USD 256.2 million in 2018 and is expected to reach at USD 712.7 million by 2026 at a CAGR of 13.64% over forecast period 2019-2026. India Manufacturing ERP Market Scenario: The opening up of the Indian economy has led to a significant growth of the SMEs, medium enterprises and large enterprises across manufacturing industry vertical. This growth and along with that the associated competition and quest for enhancing market share has led the organizations to re-look at their processes and procedures and put in place proper processes enablers and solutions to make its business more efficient and effective. One of the key solutions to address this requirement is implementation of enterprise resource planning (ERP) systems. Various applications of ERP Systems such as improving business metrics by process optimization, improving the entire supply chain process, integration across functionalities and increasing transparency across the organization are driving the market over forecast period.
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