World Tourism Day has been celebrated on September 27, every year since 1980. This date was chosen in 1970 when the Statues of the United Nations World Tourism Organization were adopted. These statues form a milestone in global tourism as it focuses on the promotion and development of tourism for…
Browsing CategoryIndustry
India as an Advancing- Emerging Pharma Hub
India is all set to drive affordable innovative healthcare solutions for the global world. India, being home to the world’s largest population and a rapidly growing economy, has seen a significant rise in domestic demand for affordable and innovative healthcare solutions. To ensure sustainable growth of the MedTech sector, the…
Building Trust Between Industry, Government, and Civil Society
Trust and governance is fundamental to a country’s growth, enabling an environment where businesses can thrive. There is no alternative to building and strengthening trust. Thus, businesses, government, and individuals need to work together with each other to understand the challenges leading to a trust deficit and address these issues. …
Vibrant Capital Market: Catalyst for Growth for SMEs
India’s capital markets are booming, and has become a powerful engine for economic growth by turning household savings into investments. Even during global tensions and domestic uncertainties, the stock market outperformed many other emerging economies, showing how investors, both local and global, trust India’s growth story. The number of retail…
Unlocking Carbon Value for Indian Agri-Food Businesses
The agricultural sector forms the backbone of India’s food processing industry. India, being the one of the largest producers of fruits, vegetables, millets, tea, and food grains globally, has a flourishing agri-food business. However, rising temperatures, erratic rainfall, floods, and prolonged droughts are negatively impacting the agricultural sector, and threatening…
Global Capability Centers: Suggestions for a National Framework on GCCs
Global Capability Centers (GCCs) are emerging as a critical component of new value creation, driving agile innovation ecosystems and enabling enterprise resilience, technological acceleration, and global competitiveness. The GCC ecosystem in India is the fastest growing segment which is no longer in the periphery. They now host global leadership roles,…
Strengthening Logistics & Infrastructure in Northeast India
For the longest time, the Northeast region of India remained isolated from the mainland due to its geographical location, hilly terrain, and lack of economic development. This had limited trade, economic development, and access to essential services, making the region dependent and vulnerable to disruptions. However, the past few decades…
Scaling Electrification for Sustainable Transportation
Scaling Electrification for Sustainable Transportation The mission to catalyse the transition to green mobility is possible only through large scale electrification in the transport sector. The transition to electric vehicles offers both environmental and financial benefits. From the environmental perspectives, electrification of transportation will lead to better air quality, as…
Charting India’s MedTech Rise to Global Leadership
India’s Emerging MedTech Landscape India is on the cusp of a MedTech revolution, with the medical device sector recognized as a sunrise industry by the Government. Fuelled by innovation and strong Government support, the industry is growing rapidly and setting its sights on global leadership. In year 2023, India’s medical…
Women Behind the Loom: Empowering Rural India through Handloom Enterprises
The handloom industry represents national pride due to its deep- rootedness in culture, tradition and history, all of which makes India unique. The handloom sector is the second largest employment sector after agriculture, employing millions of rural craftsmen. According to the last Handloom Census of 2019-20, the share of women…