31 Aug 2022 The last two years have undoubtedly left an indelible mark on the Indian industry, and manufacturing has been one of those key industries that were impacted the most. Capacity planning, inventory management, logistics, and labour – all were completely upended for manufacturing units. The last quarter demonstrated…
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Catapulting Economic Growth with Infrastructure Development
29 Aug 2022 Conventionally, infrastructure development encompasses creation of robust transport & communication systems, civic amenities, power & energy generation / supply facilities, etc. Major infrastructure development initiatives were undertaken by western block countries through the 50s and 60s. China followed suit, though the 80s and 90s. But India’s story…
Handholding MSMEs for Future Readiness
18 Aug 2022 The micro, small and medium enterprises sector has a multiplier effect on an economy as a primary job creating sector, a prerequisite for economic growth, and empowerment of the population at large. MSMEs contribute 28% to India’s GDP, employing approximately 110 million people nationwide, including a large…
Real Estate 3.0: Technology-led Growth
28 Jul 2022 While the real estate sector saw fragments of digitization over the last decade, it is the pandemic that effortlessly wove it into the sector. The use of technology has grown by leaps over the last two years in the sector, penetrating various aspects. This also comes at…
Connecting Dairy Farmers to New Opportunities
26 Jul 2022 With India moving from a position of scarcity to surplus in food production, the prospects for increasing processing levels in dairy are enormous. Dairy has been one of the most dynamic verticals in the Indian agricultural space. It is the single largest agricultural commodity, contributing 5% to…
Scaling-Up Micro, Small and Medium Enterprises
25 Jul 2022 Historically, India has supported and encouraged micro, small and medium enterprises (MSMEs) through various policy initiatives by providing them with subsidized credit, technical assistance, excise tax exemptions and preference in government procurement (Expert Committee on MSMEs, RBI, 2019). The Small-Scale Reservation Policy (1967), which attempted to shield…
Despite Pressures, the Rupee’s Remarkable Resilience
23 Jul 2022 Even as the rupee has fallen sharply against the dollar, the depreciation has been relatively lower unlike previous times The Indian rupee has depreciated by around 7% against the U.S. dollar, since the start of the year, in response to various domestic and global factors. Specifically, a…
Mission on Net Zero: Paving the Path Towards a Green Future
18 Jul 2022 The Indian Green Building Council (IGBC), formed by CII in 2001, is spearheading the green building movement in India. The vision of the council is to create a sustainable built environment for all and facilitate India to become one of the global leaders in the sustainable built…
Competitiveness, Growth, Sustainability and Internationalisation – the Road Ahead for the Industry
12 Jul 2022 The economy is in a strong rebound mode with a GDP growth rate of 8.7% for 2021-22. Sustainable, high growth rates are important to meet the country’s aspirations for 2047. To enable an inclusive, balanced and sustainable growth and empower the Indian Industry as a force multiplier,…
How India Held its Own Amid Global Chaos
09 Jun 2022 At a time when the global economy is stressed, India has been able to hold its own and don the mantle of being the fastest growing major economy in the world. Despite multiple challenges to growth, first the pandemic and then the war in Ukraine and…