26 Nov 2022 The micro, small and medium enterprises (MSMEs) sector has always played a major role in the socio-economic development of India. Spread across both urban and rural parts of the country, MSMEs are increasingly contributing towards the economic and social development of the country and their role will…
Browsing CategoryIndustry
Electric Vehicles: The Future of Mobility in India
09 Nov 2022 The discussion around sustainability and climate-related issues has been intensifying over the last few years and is currently gaining even more momentum as deliberations at the COP27 conference, being held in Egypt from 6 to 18 November this year, gain pace. As we look at mitigating the effects…
EoDB: The Key to Unlock India’s Potential
13 Oct 2022 The Indian economy achieved its fastest quarterly expansion in April-June at 13.5%, recovering swiftly despite macroeconomic headwinds. India currently accounts for ~7% of the world’s GDP, making it the third-largest economy in purchasing power parity (PPP). In terms of the market exchange rate, India’s GDP is expected…
Global Capacity Centres: Driving Transformation for Multinationals
08 Oct 2022 Global Capacity Centres (GCCs), which emerged in the early 1990s in India, were the offshore units of large global organizations which were established to perform designated technology and business supporting operations for their parent organizations. Global Capability Centres concentrate workers and infrastructure to perform back-office functions, corporate…
Startup Collaboration- A New Phenomenon for Flourishing Startup Ecosystem
06 Oct 2022 If you can’t beat them, join them. As technology disrupts business models, fragments markets and breaks down silos, most large corporations no longer view startups as transient upstarts, and are finding ways of working with them. In India, a multinational company such as Bosch runs its DNA…
The Journey Ahead for Ease of Doing Business in India
27 Sep 2022 For any developing or developed economy, the key to entrepreneurship, innovation or wealth creation lies in the ease of doing business in that country. In the recent years, India has emerged as one of the most attractive destinations, not only for investments, but also for doing business.…
75 Years of Automotive Excellence
30 Sep 2022 Today, the Indian automobile industry is one of the most important drivers of economic growth in the country and one of its biggest employment generators, contributing 8% of the country’s total export and accounting for 6% of GDP and around 35% of the manufacturing GDP. In addition,…
Nurturing the Unicorns and Soonicorns
28 Sep 2022 By creating an enabling policy framework supported by a robust ecosystem for nurturing the budding entrepreneurs and startups, India can further fuel the growth of startups and eventually of unicorns in India. India has emerged as the 3rd largest ecosystem for startups as well as the 3rd…
Fostering an Environment of Innovation and Intrapreneurship
26 Sep 2022 India is poised to become a USD 5 trillion economy in 5-6 years and a USD 10 trillion economy in the next 10-15 years, with an aim to raise per capita income from USD 2000 to more than USD 6000. In the last 30 years, India’s GDP…
Corporate Risk Management & Internal Controls
20 Sep 2022 Corporate Governance is not merely about compliance. It is intended to not just protect investor interests, but also drive investment performance. While corporate governance has assumed mainstream attention in Indian boardrooms, there is still much distance to traverse. Ease of access to information and tech-enabled forums for…