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…
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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…
The Need for Functional Literacy for Indian Workforce
Functional literacy refers to the ability to read, write, and comprehend information in a way that allows an individual to function effectively in their daily life. This includes being able to read and understand basic instructions, fill out forms, use technology, and make informed decisions based on written information. Functional…
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,…
Future Frontiers: Competitiveness, Technology, Sustainability, Internationalization
26 Apr 2023 The world is going through a phase of predictable unpredictability with uncertainty becoming the “new normal”. Amidst this global churn, the Indian economy has shown resilience and is expected to continue to be the fastest growing major economy this year too, three years in a row. The…
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…
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…
Textile Manufacturing Industry in India
17 Apr 2023 The textile manufacturing industry is a vital sector of the Indian economy, with a rich history dating back centuries. India has been known for its textiles and is one of the largest textile producers and exporters in the world. The Indian textile manufacturing industry is diverse, encompassing…