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…
Browsing CategoryIndustry
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…
Unlocking the Potential of India’s Agriculture
Indian agriculture has undergone a significant transformation over the decades, emerging as a robust contributor to the nation’s economic growth and global trade. Through remarkable strides in production, diversification in exports, and innovative farmer-market linkage models, the sector has demonstrated resilience and adaptability. Private sector participation has further catalyzed this…
Cybersecurity for small businesses is important
The Importance of Technology in Modern Business Technology has transformed how we work or communicate at the workplace as much as it has altered our day-to-day lives, making it faster and easier to connect with people worldwide. One cannot imagine any business- big or small- not implementing the modern benefits…
How Can Indian Businesses Create Resilient Global Value Chains?
In an increasingly interconnected world, the global economy is shaped by complex networks of production and trade, known as global value chains (GVCs). For Indian businesses, participating in and shaping resilient GVCs is critical for sustained growth, competitiveness, and economic development. However, the disruptions caused by events such as the…
Transforming Education in India Through Technology
Education is a cornerstone of societal progress, but in a diverse and vast country like India, equitable access to quality learning remains a challenge. From remote rural areas to urban underprivileged communities, disparities in resources and opportunities hinder educational equity. However, technology is rapidly transforming this landscape, offering innovative solutions…