17 May 2023 Enhanced use of Artificial Intelligence (AI) is increasingly becoming a focal point for governments. Using AI in Governance and public policy is an excellent opportunity for citizen engagement, accountability, and interoperability. It is also an opportunity for governments to increase efficiency in governance. Building resilience toward livability,…
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Auto and Auto Components manufacturing. The road ahead is green
12 May 2023 The Automobile and Auto-Component Industry has become an important sector for the nation’s economic growth and development. It contributes over Seven per cent to the country’s GDP and accounts for almost forty-nine per cent of the total manufacturing output. The segment is expected to grow at a CAGR…
Indian Industry’s Business Footprint in the United States
11 May 2023 The recent years were marked by economic extremes; because of the COVID-19 pandemic, US GDP fell by 8.9 percent in the second quarter of 2020 – the largest single-quarter contraction since the Great Depression. US economic recovery has been slow but steady, reaching 2.7 percent in 2022. India also faced the sharpest GDP drop in…
National Medical Devices Policy 2023: A New Paradigm Shift
08 May 2023 On April 26, 2023, the Union Cabinet, chaired over by the Hon’ble PM Modi, approved the National Medical Devices Policy, 2023, laying the groundwork for India’s medical devices sector to become not only self-sufficient but also a global leader, while achieving broader public health objectives of access,…
India’s Growing Ties with Italy and France
03 May 2023 In an uncertain global business environment, India has been proactively engaging with the world for new economic opportunities. This is an opportune moment to deepen engagement with two long-time collaborators and close partners—Italy and France—with whom India shares historical ties and many mutual interests. Both Italy and…
Combating Climate Change with a Sustainable Approach to Industrial Development
02 May 2023 Climate change is a complex global issue that requires a multi-faceted approach to combat its effects. The major causes of climate change are identified as the generation of power and manufacturing goods by burning of fossil fuels, deforestation, unwise use of transportation services, producing food, and growing…
India – Italy: Enduring partnership
27 Apr 2023 India and Italy both are ancient civilizations but young states. These two ancient civilizations have known, interacted and traded with each other for over 2000 years. Modern day contacts between the two nations were formed through exchanges between the intellectuals from both sides. Both countries have significant economic,…
Nurturing Future-Ready Skilled Workforce
28 Apr 2023 The future of work is rapidly changing, driven by advances in frontier technologies and globalization. Many traditional jobs are being replaced by new roles that require a different set of skills. Nurturing a future-ready skilled workforce involves creating an environment that promotes continuous learning and development of skills…
Leveraging Automation to Ease Manufacturing Challenges
20 Apr 2023 Emerging technologies have brought about significant changes to the manufacturing ecosystem in recent years, revolutionizing the way products are designed, produced, and distributed. Automation have transformed the manufacturing process, allowing for increased precision, speed, and consistency. While additive manufacturing, also known as 3D printing, has revolutionized the production process…
India’s G20 Presidency and Economic Growth
19 Apr 2023 Twenty-twenty three is a momentous year for India. The G20 presidency, of course, serves as a diplomatic exercise to reinforce relations with old partners, explore new ones, and enhance the incumbent nation’s image and might on the global stage. It also presents an opportunity for India to represent…