Browsing CategoryIndustry

17 Jan 2019 The 4th Industrial Revolution (4IR) is the latest in man’s endeavour to transform lives. The Digital revolution, the precursor to 4IR, set sail the Internet, semiconductors and essentially transformed analog electronic and mechanical devices to pervasive digital technology. Interrelated innovative technologies such as artificial intelligence, the internet of things,…

15 Jan 2019 Ayurveda is not merely a system of medicine, but a way of life. Widely practiced and utilized by Indians since centuries (texts traced to the Indus Valley Civilization), it is going global by virtue of its unique blend of science and philosophy that balances the physical, mental,…

09 Jan 2019 Clarence Birdseye’s 1924 invention of quick cooling to preserve and distribute food, proved to be a harbinger to the growth of the Frozen processed food industry world-wide. Its’ easy and quick preparation backed by continuing technological up-gradations and with increasing women joining the workforce, has changed food…

29 Dec 2018 Creations of the mind are not just personally satisfying. Creativity drives Intellectual property (IP) and contributes to economic growth as well. Inventions, literary and artistic works, designs and symbols, names and images are all used by businesses for boosting their growth. IP is protected in law by patents, copyright…

28 Dec 2018 Ever since the first Christmas was celebrated on December 25, AD 336 in Rome, it continues to be celebrated with great religious fervour the world over, especially in the West. Amidst the build-up through Halloween, Remembrance Day, and other festivals, it culminates with the midnight Mass conducted by…

19 Dec 2018 Much has been written, and much handwringing has taken place, about China’s impact on the Indian economy. The dramatic expansion of India-China trade in the last few decades, and the influx of cheap goods, has had dramatic effects on industry in this country. There is hardly any…

11 Dec 2018 The growth of any economy depends significantly on the Logistics sector. A robust network of efficiently operated logistics, infrastructure and services establishes the uninterrupted flow of goods from their point of origin to the consumption centers. This in addition assists in the growth and prosperity of an…

06 Dec 2018 Progress & Road Ahead Trade Facilitation, entailing reduction in the transaction time and cost through rationalization of documentation and border compliances in trading across borders, has been one of the major areas of reform of the government of India over the last few years. Implementation of the…

06 Dec 2018 In the recently released Business Reform Action Plan (BRAP) 2017 by the Department of Industrial Policy and Promotion (DIPP), CII Western Region states, in general, have shown a commendable performance with Gujarat, Madhya Pradesh and Maharashtra scoring 97.99%, 97.30% and 92.88%  respectively, in the implementation of business…

14 Nov 2018 Short Term Recommendations The vibrancy of the Micro, Small and Medium Enterprise (MSME) sector in the macroeconomic context cannot be overstated as it accounts for 7% of India’s GDP, 45% of total manufacturing output, and 40% of Indian exports while employing over 117 million people. Given the…