Hon’ble Prime Minister, Shri Narendra Modi’s call last year to visit Lakshadweep for some adventure was enough to set the wheels in motion for increased tourism in this small island off-coast Indian mainland in the Arabian Sea. Known for its breathtaking landscapes, unspoiled beaches, and rich ecosystem. Lakshadweep has immense…
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More Investments, Increased Employment and Wage Growth Expected in 2025: CII Industry Survey
The private sector in India has long been an indicator of the overall economic health of the country. Looking at the trends of investments, employment and growth in wages in the private sector helps understand the economic policies, capex formation, and expected GDP outcomes. The Confederation for Indian Industry (CII),…
Industry 4.0 Adoption: Paving the Way for Indian Manufacturing
India is at the cusp of an industrial transformation fueled by Industry 4.0 technologies such as IoT, AI, robotics, and advanced analytics. The Confederation of Indian Industry (CII), in collaboration with KPMG, has presented a comprehensive report titled Industry 4.0 Adoption and Strategic Roadmap for Indian Manufacturing. This report provides…
How Hospitality and Tourism Can Shape India’s Workforce
Tourism in India has grown remarkably over the past two decades, driven by Government’s initiatives to boost domestic as well as international tourism. Significant investment in infrastructure development, adventure and sustainable tourism and global branding has helped India achieve this growth. As the sector flourishes, the demand from the workforce…
How Future Ready is Indian Manufacturing?
As India gears up to build its manufacturing sector into a global powerhouse and also touch the 5 trillion mark, it is important that the Indian industry also rises up to meet the challenges of this scale up. Competitiveness, innovation, technology adoption and the ability to continuously adapt to a…
Leveraging Space Applications for Business Growth across Sectors in India
Indian space sector has undergone a transformative growth, offering substantial opportunities for businesses across diverse industries. Valued at USD 8.4 billion in 2022, it is renowned for cost-effective and technology-driven technologies and solutions. Potential for Significant Growth: Demand Creation outside of Space Industry While the market share of the Indian…
The road to ViksitBharat and How India can beat the Middle-Income Trap
India has set an ambitious target of becoming a developed nation by its 100th year of Independence in 2047. This comes at a time when global trade and capital flows are getting impacted by geopolitical tensions and global climate goals necessitate a low carbon growth path. As per the World…
CII Manufacturing Competitiveness Study: Paving the Way for India’s Smart Manufacturing Future
The Confederation of Indian Industry (CII) recently unveiled its Manufacturing Competitiveness Study, focusing on the transformative impact of smart technologies on India’s manufacturing sector. The report, titled “Smart Manufacturing: Unlocking India’s Potential,” highlights the sector’s ongoing digital transformation and its critical role in achieving the ambitious goal of increasing the…
EMPOWERING URBAN INDIA: SMART CITIES IN A NEW ERA OF DEVELOPMENT
The Need for Urban Development With rapid growth in urbanization, an increasing number of people are migrating to cities in search of better opportunities. This has resulted in conurbations scaling up the economic development of those regions and ultimately contributing majorly to the GDP. Projections indicate that by 2031, around…
UN International Year of Cooperatives: How India is Empowering its Communities
India’s relations with cooperatives date back to the time of its Independence, when Mahatma Gandhi championed the cooperative model as the means to economic empowerment and social unity. The concept of Gram Swaraj emphasised self-reliance and community participation, assets that contributed to India’s freedom struggle. Today, cooperatives continue to play…