16 Nov 2019 Mining is one of the core sectors of the Indian economy and is a lifeline for many industries, which thrive on raw materials. The mining sector’s contribution to the country’s GDP has come down from 3% to 2.2% in the last 5 years. In 2017- 18, the…
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Developing India’s Infrastructure: Government-Industry Partnership
09 Nov 2019 The Indian infrastructure industry is one of the primary growth drivers of the economy and the country’s second largest employer. Along with the capital goods sector, it aids capital formation and boosts growth, adding around 2-3% to Indian gross domestic product (GDP) every year. With higher…
Community Development – Senior Care
30 Oct 2019 Longevity seems to be increasing across the world and the proportion of the world’s population of over 60 years of age is expected to double from about 12% to 22% by 2050. Every country now needs to ensure that their health and social systems are ready for…
New Material for the Commercial Construction Industry
11 Oct 2019 A nation’s progress and economic well-being is inextricably linked to future construction activity. Yet, environmental concerns are today leading to questions on how construction can align with imperatives of sustainability. Happily, new research is helping the construction sector to look at alternatives beyond the traditional modes. Given…
Smart I-tech Next-Gen India@75
10 Oct 2019 Introduction and Theme The 10th edition of EXCON, to be held in Bengaluru between 10-14th December 2019 with ‘Smart I-tech Next-Gen India@75’ as the theme, is the largest construction equipment exhibition in South Asia. The theme is woven around the developmental vision given by 5Is, namely Infrastructure; Innovation; Internet;…
Rise in Medical Tourism Forex Earnings to Give a Fillip to the Services Sector
26 Sep 2019 Reckoned as the next big forex earner after software exports, medical tourism to India is increasing rapidly. Globally, it is becoming quite common for foreign citizens to seek medical care in other countries and coupling it with tourism. Affordability and better medical support services in India…
Boosting Exploration
06 Sep 2019 Minerals: A Backbone Industry As India races to achieve the target of a US$5 trillion economy by 2024-25, the minerals and mining industry (referred to as the ‘minerals industry’ hereinafter), which serves as the basis for nearly all manufacturing sectors, will be a critical growth driver. Despite…
Movie Merchandising is a Potential Hit
26 Aug 2019 Movie merchandising – products and commodities based on a movie’s theme, character, location, etc – is a tool meant to promote a film. Though producers/film studios perceive merchandising as a hook to supplement their box-office fortunes, its full potential has not been explored in India. Remember the…
The auto sector’s revival holds the key to India’s $5 trillion economy
06 Aug 2019 This financial year (FY2019) saw the Government of India set an ambitious target to make India a $5 trillion economy within five years. The country will need to grow at around eight per cent annually to reach the target by 2024-25. Global growth slowed down considerably in…
Infrastructure Spending Set to Grow
05 Aug 2019 Infrastructure development is considered a sine qua non for India becoming a US $ 5 trillion economy by 2025 given its multiplier effect across sectors such as steel, cement, auto, and real estate, among others. Investments in the infrastructure sector, however, have been growing at a slow…