30 Aug 2019 Human-machine interfacing (HMI) is not a new concept. Throughout the first three industrial revolutions, man has been leveraging machines to improve productivity. First, it was steam and then electricity that powered machines. Then came computers and electronics, automation across global shop-floors and production lines. The fourth phase…
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World Environment Day 2019: Industry Efforts for Sustainable Development
04 Jun 2019 World Environment Day is celebrated every year on 5 June and it is the United Nation’s main channel for creating awareness and joint action to protect Mother Earth. This year, the focus is on air pollution, which is a matter of grave concern for all. Approximately 7…
New Income Tax Act Should Aim at Competitiveness of Indian Industry
29 Apr 2019 In a rapidly transforming global economic environment, the role of the tax structure of economies has gained heightened relevance. Across the world, from advanced economies to emerging ones, tax rates for companies are being slashed to enable sharper competitive advantage. India has also taken note of these developments.…
Visual Arts Industry in India: 2020
18 Feb 2019 The visual arts (VA) constitute art forms such as ceramics, drawing, painting, sculpture, printmaking, design, crafts, photography, video, film-making, and architecture. It also includes applied arts such as industrial design, graphic design, fashion design, interior design and decorative art. Collectively, they help bind a nation’s ethos and…
Dawn of Indian Media & Entertainment Industry
16 Feb 2019 Considering that the global media and entertainment (M&E) is expected to touch USD 2.2 trillion by 2021, new opportunities are surely on the horizon for the Indian USD 22.28 billion segment amidst exciting opportunities and challenges. The portents of growth are already visible. India has the second largest TV…
Valentine’s Day – Business of the heart becomes an entire industry in itself
13 Feb 2019 Valentine’s Day as we know it, is different from what medieval stories tell us. Many a legend surrounds this day, the most popular one of which includes the Roman priest, St Valentine, who cut out hearts from parchment and gave these to soldiers to remind them and…
Resurgence of the Ayurveda Industry
15 Jan 2019 Ayurveda is not merely a system of medicine, but a way of life. Widely practiced and utilized by Indians since centuries (texts traced to the Indus Valley Civilization), it is going global by virtue of its unique blend of science and philosophy that balances the physical, mental,…
Ensuring a Sustainable Future: Industry Initiatives
04 Jun 2018 Today, the world faces significant challenges from a variety of environmental issues – climate change, energy efficiency, water use and conservation, biodiversity, and waste management, to name a few. Growing pressure on natural resources, increasing levels of carbon emissions and rising inequalities have the potential to impact…
Industry 4.0 : Change is Inevitable!
29 May 2017 Big Data and AI (artificial intelligence) are changing the manufacturing sector making it safer, faster, and potentially error free. Managing Director, Lincoln Electric, S Sundarram expounds on these trends. Big Data and AI will play a huge role in Industry 4.0 as the 4th industrial revolution will…
Bridging the Gap Between Trade Agreements and Trade Outcomes in India
India’s trade agreements can broadly be classified into three epochs – early regional orientation starting with the Bangkok Agreement (now APTA) in 19751, agreements with the Asian and South American economies through bilateral and multilateral deals over 2004 – 2011, and the latest round of agreements starting 2021. Since 2021, India has finalised 8 trade agreements covering 37 countries and announced a trade deal with the USA. India is also reported to…