14 Oct 2022 India Energy Outlook 2021 published by International Energy Agency (IEA) ranked India as the 3rd largest primary energy consumer in the world. The report also cites the current share of India in global consumption at 6.1% which is likely to increase to about 9.8% by 2050. This…
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EoDB: The Key to Unlock India’s Potential
13 Oct 2022 The Indian economy achieved its fastest quarterly expansion in April-June at 13.5%, recovering swiftly despite macroeconomic headwinds. India currently accounts for ~7% of the world’s GDP, making it the third-largest economy in purchasing power parity (PPP). In terms of the market exchange rate, India’s GDP is expected…
The Journey Ahead for Ease of Doing Business in India
27 Sep 2022 For any developing or developed economy, the key to entrepreneurship, innovation or wealth creation lies in the ease of doing business in that country. In the recent years, India has emerged as one of the most attractive destinations, not only for investments, but also for doing business.…
Space – A New Frontier for Industry
21 Sep 2022 Since forever the human psyche has been fascinated by the cosmos. The scientific advancements of the 20th century enabled us to venture into space and understand its genesis and evolution. As latest technologies keep entering the sector, the desire for new discoveries continues to create new opportunities in…
Unlocking India’s Manufacturing Potential
31 Aug 2022 The last two years have undoubtedly left an indelible mark on the Indian industry, and manufacturing has been one of those key industries that were impacted the most. Capacity planning, inventory management, logistics, and labour – all were completely upended for manufacturing units. The last quarter demonstrated…
Connecting Dairy Farmers to New Opportunities
26 Jul 2022 With India moving from a position of scarcity to surplus in food production, the prospects for increasing processing levels in dairy are enormous. Dairy has been one of the most dynamic verticals in the Indian agricultural space. It is the single largest agricultural commodity, contributing 5% to…
Scaling-Up Micro, Small and Medium Enterprises
25 Jul 2022 Historically, India has supported and encouraged micro, small and medium enterprises (MSMEs) through various policy initiatives by providing them with subsidized credit, technical assistance, excise tax exemptions and preference in government procurement (Expert Committee on MSMEs, RBI, 2019). The Small-Scale Reservation Policy (1967), which attempted to shield…
Effective Waste Management for a Sustainable Future
15 Jul 2022 Rapid population growth and economic development has led to severe environmental degradation that undermines the environmental resource base upon which sustainable development depends. The economics of environmental pollution, depletion and degradation of resources has in fact been neglected as compared to the issues of growth and expansion.…
Competitiveness, Growth, Sustainability and Internationalisation – the Road Ahead for the Industry
12 Jul 2022 The economy is in a strong rebound mode with a GDP growth rate of 8.7% for 2021-22. Sustainable, high growth rates are important to meet the country’s aspirations for 2047. To enable an inclusive, balanced and sustainable growth and empower the Indian Industry as a force multiplier,…
Five years of GST and the way forward
13 Jul 2022 GST is seen as a shining example of cooperative federalism aimed at taking the country towards a one-nation, one-tax and one-market regime. The unified Goods and Services Tax (GST), lauded as a historic and game-changing reform, completed five years of its successful implementation on June 30, 2022.…