18 Oct 2022 The steep rise in the speed of scientific and technical innovation in India over the last couple of years has fast forwarded economic growth and social development in the country. As per the Global Innovation Index (GII) 2022, India’s GII ranking has significantly improved to 40 in 2022…
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AatmaNirbhar Bharat: Making India Global Manufacturing Hub for Renewable Energy
16 Oct 2022 The renewable energy sector is globally driven by the need to mitigate climate change impact on environment. Within this larger paradigm, securing supply and enabling diversity in supply chain are top on the mind of countries that have charted out their own green energy pathways. This transition to…
EoDB: The Key to Unlock India’s Potential
13 Oct 2022 The Indian economy achieved its fastest quarterly expansion in April-June at 13.5%, recovering swiftly despite macroeconomic headwinds. India currently accounts for ~7% of the world’s GDP, making it the third-largest economy in purchasing power parity (PPP). In terms of the market exchange rate, India’s GDP is expected…
Global Capacity Centres: Driving Transformation for Multinationals
08 Oct 2022 Global Capacity Centres (GCCs), which emerged in the early 1990s in India, were the offshore units of large global organizations which were established to perform designated technology and business supporting operations for their parent organizations. Global Capability Centres concentrate workers and infrastructure to perform back-office functions, corporate…
Trade, Tech, Talent: Future of the US-India Economic Relationship
07 Oct 2022 India and the US have built a deep strategic partnership, based on shared values of democracy, pluralism and free enterprise, along with a growing convergence in the current geopolitical scenario. With many commonalities, the bilateral trade and economic relationship enjoys huge potential based on the strategic interests…
Startup Collaboration- A New Phenomenon for Flourishing Startup Ecosystem
06 Oct 2022 If you can’t beat them, join them. As technology disrupts business models, fragments markets and breaks down silos, most large corporations no longer view startups as transient upstarts, and are finding ways of working with them. In India, a multinational company such as Bosch runs its DNA…
Wearable Devices Changing the face of Healthcare
04 Oct 2022 The COVID-19 pandemic came as a boon in disguise for smart wearables, which were already driving a considerable change in healthcare in the pre-COVID era. It gave a mammoth opportunity to the sector to invade households and become a routine regime for monitoring of overall wellness. In…
Furthering Gandhi’s Vision of Making Khadi the Great Indian Fabric
01 Oct 2022 Mahatma Gandhi is one of the most inspiring leaders, not just in India, but across the world. For us Indians, Mahatama Gandhi – fondly known as “Gandhiji” or “Bapu” – holds a special place in our hearts. Every year, October 2nd is celebrated as his birth anniversary and it…
The Journey Ahead for Ease of Doing Business in India
27 Sep 2022 For any developing or developed economy, the key to entrepreneurship, innovation or wealth creation lies in the ease of doing business in that country. In the recent years, India has emerged as one of the most attractive destinations, not only for investments, but also for doing business.…
75 Years of Automotive Excellence
30 Sep 2022 Today, the Indian automobile industry is one of the most important drivers of economic growth in the country and one of its biggest employment generators, contributing 8% of the country’s total export and accounting for 6% of GDP and around 35% of the manufacturing GDP. In addition,…