Nihar Info Global Ltd Management Discussions.

The Company operates in the areas like E-commerce, Software designing and development, ECM Solution, Customized Application Development. Customized ERP solutions, E-Governance and .IN domain Registration. The Company has developed marketing strategies to sell our various software products to domestic customers.

Opportunities

eCommerceisoneof themostleading vertical inpresentscenariowithenormousOpportunities.YourCompanybeingthe firstlistedeCommerceCompanyofIndiahasgrabbedlotofattentionandinterestfromtheprospectiveinvestors.

The INDIAN ECOMMERCE INDUSTRY report from ibef.org says that"The e-commerce has transformed the way business is done in India. The Indian e-commerce market is expected to grow to US$ 200 billion by 2026 from US$ 38.5 billion as of 2017. Much growth of the industry has been triggered by increasing internet and smartphone penetration. The ongoing digital transformation in the country is expected to increase Indias total internet user base to 829 million by 2021 from 604.21 million as of December 2018. Indias internet economy is expected to double from US$125 billion as of April 2017 to US$ 250 billion by 2020, majorly backed by ecommerce. Indias E-commerce revenue is expected to jump from US$ 39 billion in 2017 to US$ 120 billion in 2020, growing at an annual rate of 51 per cent, the highest in the world.

Threats, Risks and Concerns

eCommercebeingthemostaspiringbusinessactivityfaceslotofcompetition. Direct Selling by eCommercecompanieslike Amazon and Flipkart and Weak eCommerce Policy by the Government providetoughchallengeandcompetitiontotheeCommerce Industry

Competitive Pressures

Pressure and Competition from eCommercecompanieslike Amazon, Flipkart,Snapdeal will continue to prevail but we are exploring and strategizing ways to Innovate, Expand and Coexist with the Competition and Market Dynamics.

Talent Supply Constraint

Quality Talentissoughtby the eCommerce Industry but eCommerce being a New and Booming Industry there is a huge shortage of Skilled Resources and hence thisincreasesthecostofTraining.TheCompanyhasto ensurethatitacquiresgoodtalentandretainsitinordertoconstituteitsmajorcompetitiveedge.TheCompanymaintains excellentWorkenvironmentandCompetitiveSalariesforthispurpose.

Technology Obsolescence

The seare the days when technology takes no time to become obsolete.Thusto be at par with itscompetitors the Company has to ensure that it constantly update sand upgrades its technology. Being a Technology Company we meet the demands of the Customers by adapting to the latest technologies in the shortest span of time.

Government Policies

The Draft National eCommerce Policy form the Government has not been in favorable of the Retail Industry and the Local Sellers and requires to be clear and more transparent and supportive to the Retail ecosystem.

Companys Outlook

The company has a positive outlook for the upcoming years and endeavors to achieve a steady Business Performance in the coming years. We anticipate Higher percentage of gross profits from the B2B eCommerce and we are strengthening our Marketing Force to increase the Bulk and Corporate Sales.

Internal Control System

The Company has a professional and an adequate internal control system and procedure commensurate with the size of organization and nature of business. This provides adequate safeguards and effective monitoring of the transactions. All areas of Companys operations are covered by such Internal control systems.

Financial Performance

The information under this head is given in the Directors Report.

Human Resources

The management continues to lay emphasis on identifying and developing talent of human resources with a view to retain them and impart further training to those capable of handling additional responsibilities. This works to increase employee satisfaction and within the organization, by providing employees with fresh challenges, developing people and harnessing their ideas is the high priority for the company.

Cautionary Statement

Statement in this management discussion and analysis report describing the companys obj ectives, predictions, estimates and expectations may constitute "forward looking statement" according to the applicable laws and regulations. Actual results may differ materially from those either expressed or implied.