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…
Search Results For“iot”
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…
Emerging Genetic Technologies: A Catalyst for Modern Economic Transformation
In an era defined by rapid technological evolution, the emergence of advancedgenetic technologies is revolutionizing industries and reshaping the global economy.From healthcare breakthroughs to sustainable energy solutions, innovations such asCRISPR, mRNA vaccines, and synthetic biology are not only addressing pressingglobal challenges but also unlocking unprecedented business opportunities. Thesedevelopments signal a…
Industry 4.0 Adoption: Paving the Way for Indian Manufacturing
India is at the cusp of an industrial transformation fueled by Industry 4.0 technologies such as IoT, AI, robotics, and advanced analytics. The Confederation of Indian Industry (CII), in collaboration with KPMG, has presented a comprehensive report titled Industry 4.0 Adoption and Strategic Roadmap for Indian Manufacturing. This report provides…
Leveraging Space Applications for Business Growth across Sectors in India
Indian space sector has undergone a transformative growth, offering substantial opportunities for businesses across diverse industries. Valued at USD 8.4 billion in 2022, it is renowned for cost-effective and technology-driven technologies and solutions. Potential for Significant Growth: Demand Creation outside of Space Industry While the market share of the Indian…
CII Manufacturing Competitiveness Study: Paving the Way for India’s Smart Manufacturing Future
The Confederation of Indian Industry (CII) recently unveiled its Manufacturing Competitiveness Study, focusing on the transformative impact of smart technologies on India’s manufacturing sector. The report, titled “Smart Manufacturing: Unlocking India’s Potential,” highlights the sector’s ongoing digital transformation and its critical role in achieving the ambitious goal of increasing the…
Leveraging the Power of Youth in a Transforming Global Economy
The global economy is undergoing rapid and profound changes, driven by technological advancements, climate challenges, and shifting geopolitical dynamics. In this era of transformation, India’s youthful demographic stands as a powerful asset. With a median age of just 29 years, India’s demographic dividend presents an unprecedented opportunity to shape both…
Industry 5.0 and Technology: Opportunities and Challenges
The global industrial landscape has undergone transformative changes over the past decades, moving from mechanization in Industry 1.0 to the automation and data-driven systems of Industry 4.0. As we step into Industry 5.0, the focus shifts to integrating human creativity, critical thinking, and values with advanced technologies like artificial intelligence…