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Online platform Shareconomy aims to expand capacity utilisation for manufacturing sector

Shareconomy is promoted by the Rajhans (Desai-Jain) Group, a Rs 4,500 crore business house with interest in Realty, Entertainment, Confectionery, Hospitality, Textile and now B2B e-commerce.

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Indian economy has the manufacturing capacity in excess and to make sure that all of it should be used effectively and with efficiency, a pune based online platform shareconomy is helping the industry by matching industrial capacity owners with potential capacity seekers online. 

Banking on the need to bridge the large gap of capacity underutilisation, Surat-based businessman Jayesh Desai launched Shareconomy in November 2015.

The idea of formation of shareconomy comes from the fact that how currently, the manufacturing sector where crores have been invested is not been working according to its full potential. 

Shareconomy is built on the concept of sharing. It collects information on underutilised industrial capacities, providing market intelligence for the benefit of capacity owners and seekers.

Shareconomy is promoted by the Rajhans (Desai-Jain) Group, a Rs 4,500 crore  business house with interest in Realty, Entertainment, Confectionery, Hospitality, Textile and now B2B e-commerce. 

Here's how MSMEs can use shareconomy to get the right growth for their businesses. 

MSMEs need to log in to the official website, shareconomy.in and create an account. Registration is free of cost. 

Following that, Shareconomy will provide capacity seekers a list of capacities out of which they choose their requirement. 

Capacity seekers/MSMEs are then provided with a platform to post their needs and find the best option from a pool of capacity owners registered on the platform. It connects both the capacity owners and capacity seekers and makes this complex process hassle free for them. It also provides expert guidance and right people for business to MSMES from its end.

Shareconomy was in the works since 2015 but launched in August 2017.  The group has invested about Rs 40 crore. 

The start up plans to bring ease in regional, national & transnational industry alliances. At present, it is operational in in Pune, Mumbai, New Delhi, Bangalore, Surat, Kolkata and Hyderabad and are working towards expanding business in Uttrakhand and Himachal Pradesh. 

The company is also planning to launch its business in the countries like USA, UK and Singapore.

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