Until a few years ago, if we wanted to buy anything, it meant that we had to physically visit a store, pick up what we needed, pay, and leave. However, today, the way we buy products, services, and interact with them has fundamentally changed. Retailers have gone from being only…
Search Results For“technology”
The Budget Must Enable A Trust-Led Indirect Tax System
India’s indirect tax system has undergone remarkable transformation. The rollout of the goods and services tax (GST) and the landmark reforms announced on 3 September have established a modern, digital and more predictable framework. These reforms, coupled with rationalized tariffs and faceless procedures, have turned indirect taxation from a compliance…
R&D as a Driver of Economic Resilience
The total investment in R&D in India is estimated at about Rs 1.3 trillion in 2023-24 with about 57.0 per cent of funding from public sources. Close to 60.0 per cent of this Government funding is by strategic departments of the Government which include the Defence Research and Development Organization…
Industry-Academia Partnership for Powering R&D Ecosystem
As India sets its sight on becoming a global R&D powerhouse, collaboration between industry and academia is not just important, but absolutely essential. From bridging the innovation gap to developing a future-ready workforce, the partnership between the two is crucial for a self-reliant and innovation-led economy. With Industry 4.0 reshaping…
The Ascent of India’s Chemical Sector
India overtaking Japan as the fourth largest economy brings to the fore its dynamism as the fastest growing major economy in the world. At the heart of this industrial advancement lies the chemical sector – a critical industry that is emerging as one of the key players driving the nation’s…
A Game-Changer for India’s Growth and Inclusivity
The much-anticipated Goods and Services Tax (GST) 2.0 marks a defining moment in India’s economic journey. Far beyond a fiscal adjustment, it is a bold reform aimed at catalyzing domestic consumption, stimulating private investment, and accelerating GDP growth. Coupled with earlier cuts in income tax rates, the GST rationalization comes…
Treat Employment as National Priority
India is the most populous and one of the youngest countries in the world. CII estimates suggest that over the next 25 years, India will add around 133 million people to its working-age population (15–64 years), which is close to 18 per cent of the total incremental global workforce. However,…
India’s Labour Codes: Transformative step towards inclusive economic growth
Land and labour are foundational to Indias growth while land drives infrastructure and industrial development, labour fuels productivity and inclusion. In this context, Indias new Labour Codes mark a transformative step, consolidating 29 laws into a modern, unified framework that ensures clarity, consistency, and equity in the world of work.…
The Future of Green Freight in India
India stands at a pivotal movement in its freight transformation journey. With mounting pressure to decarbonize and a growing demand for sustainable supply chains, India’s logistics sector is undergoing a sideways shift. The sector aims to integrate sustainability into daily operations, while shaping the future of freight through strategic direction…
ACCELERATING COMPETITIVENESS: IMPERATIVE FOR GROWTH
India has emerged as a symbol of growth and resilience at a time when the global economy is navigating unprecedented challenges. Geopolitical tensions, economic fragmentation, increasing protectionism, and the weaponisation of trade are reshaping the contours of international commerce. At the same time, climate change, resource constraints, and technological disruptions…