India stands as the world’s fastest-growing major economy and is well poised to reach US$9 trillion milestone by 2030. States hold the key to achieving this vision, as they drive India’s economic growth and development trajectory. However, regional disparities loom large in India’s economic performance, stemming from diverse geography and varying state-level economic growth. Five states – Maharashtra, Gujarat, Tamil Nadu, Karnataka and Uttar Pradesh are the major…
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FinTech Revolution in India
07 Oct 2023 India is currently experiencing a radical transformation in its financial sector due to the rapid growth of Financial Technology, or FinTech. This transformation is reshaping the delivery of financial services, creating new avenues for innovation and inclusion. This article explores the emergence of FinTech in India, delving…
Empowering Sustainability: India’s Construction Equipment Industries Embrace ESG Challenges
04 Oct 2023 The construction equipment sector serves as the backbone of infrastructure development and economic progress in India. With its dynamic landscape characterised by diverse projects, ranging from urban expansion to rural rejuvenation, addressing the varying needs of this sector through Environmental, Social, and Governance (ESG) principles holds the key to…
NewSpace: India Perspective
30 Oct 2023 From the launch of the first Indian satellite Aryabhatta in 1975 to the latest Chandrayaan-3 mission to the Moon, India has established itself among the leading spacefaring Nations, under the leadership of ISRO’s Indian Space Program – ably supported by Private and Public sector industries. The Indian Space sector…
New ‘Yashobhoomi’ in Delhi will Help Promote Inclusive Growth
With a pragmatic, transformative and focused approach, the Indian government has taken another decisive step to showcase the nation’s prowess during the “Amrit Kaal” through the inauguration of “Yashobhoomi”, the second iconic world-class exhibition centre in Delhi. The exhibition centre, which has among the world’s largest MICE (Meetings, Incentives, Conferences,…
Funding India’s Economic Growth
26 Sep 2023 Any country’s economic growth is not just about GDP but more so about the factors that build that GDP and per capita GDP. One of the most important factors that influence GDP growth is demographic distribution. As per various estimates by 2047, India will have a 1.1…
B20 Powers G20 Declaration: Creates Avenues for Industry
India saw a hugely successful G20 summit, capping an intensive year where it shaped the narrative for the global economic policy-making body. G20 brought the world to India, showcased our economic dynamism and technological prowess, and opened new horizons for sustained growth. Given the many challenges confronting the global economy…
Implementing Industry 4.0: From Vision to Action
20 Sep 2023 The Fourth Industrial Revolution, often referred to as Industry 4.0, is revolutionizing the manufacturing and industrial sectors worldwide. It represents a paradigm shift in how industries operate, leveraging cutting-edge technologies to enhance efficiency, productivity, and competitiveness. Organizations across India are increasingly embracing industry 4.0 to improve its…
Protecting Intellectual Property Rights in Outer Space
18 Sep 2023 Chandrayan 3 has heralded India and the global community into a new orbit of development and growth trajectory. The achievement has opened new business opportunities for India. For decades, commercial exploitation of outer space has thrived in domains like communication, navigation, satellite launches, and weather forecasting. However,…
Strengthening Social Protection in the Changing World of Work
The world of work is undergoing a seismic shift, driven by rapid technological advancements and the imperative to address climate change. These transformations present exciting opportunities but also pose significant challenges. As the world navigates this period of flux, it becomes increasingly crucial to strengthen social protection systems to ensure…