Manufacturing competitiveness yields growth, jobs and resilience India stands at a pivotal moment in its economic trajectory. With the global manufacturing landscape undergoing a strategic realignment, India is uniquely positioned to emerge as a key player in global supply chains. This transformation can anchor long-term economic growth, generate large-scale employment…
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6G and the Future of Smart Manufacturing in India
As 5G networks continue rolling out in India, the nation is already laying the groundwork for the next revolution in connectivity – 6G. 6G technology, with its promise of ultra-high-speed connectivity, ultra-low latency, and intelligent network capabilities, is poised to revolutionize smart manufacturing in India. It will offer speeds up…
International MSME Day 2025 – Celebrating Small & Medium Scales Businesses
As the global economy moves toward achieving inclusive and sustainable growth, the importance of Micro, Small, and Medium Enterprises (MSMEs) cannot be overstated. MSMEs are major contributors to the economy, accounting for 30% of GDP, 24% of employment, and 45% of exports. This makes them a resilient backbone of society.…
Steady Growth, Sound Fundamentals: India Pharma Manufacturing Landscape
The Context: Growth Trends and Market Composition of India’s Pharma Sector India’s pharmaceutical market recorded a turnover of INR 4.17 lakh crore in FY24, growing at a CAGR of 9.5% since FY20. It houses 1,136 USFDA-compliant manufacturing facilities, the highest outside the US, and maintains stringent quality benchmarks, with approvals…
An Operation That Was Also About A Self-Reliant India
Over the past decade, India has undergone a profound transformation across economic, technological, and strategic domains. Prime Minister Narendra Modi’s leadership has been central to this evolution, underpinned by his belief that India must not only be a major economic player but also a strategic and technological power in the…
How is the Indian shipping industry handling emissions?
The international shipping industry is responsible for the carriage of around 90% of world trade, making it the lifeblood of the global economy. However, this comes at a heavy price- a cost of 3% contribution to global greenhouse gas emissions. For years, the shipping industry was not included in the…
Future Of Mining And Construction Equipment Sector In India
Future Of Mining And Construction Equipment Sector In India The mining and construction equipment (MCE) sector is witnessing rapid evolution fuelled by innovative machinery driving efficiency in operations, sustainability and growing demand for infrastructure development. Growing MCE sector Mining is one of six areas for transformative reforms in the Union…
Decarbonisation of Cold Storage
Food and energy security are the top priority for India as we aim to achieve Viksit Bharat@2047, the UN Sustainable development Goals by 2030 and Net Zero by 2070. However, shifting rainfall patterns, agricultural cycles, droughts and supply chain disruption have intensified the concerns around food security. To address this…
The US Visit, Viewed Through Industry’s Business Lens
Prime Minister Narendra Modi’s brief and official working visit to the United States last week was significant in many ways, reiterating the strong bonds between the two nations and igniting a new momentum in the economic relationship. The visit was replete with productive outcomes for industry of both sides, with…
Indo-Indonesia: A Growing Strategic and Economic Alliance
For thousands of years, India and Indonesia have shared deepening ties as two ancient civilizations. With notable references in the Ramayana and Mahabharata, it is evident that the two nations have maintained close connections for centuries, spanning both cultural and commercial exchanges. As dynamic economies, India and Indonesia share common…