The manufacturing sector stands on the brink of a significant transformation with the advent of generative artificial intelligence (AI). The Confederation of Indian Industry (CII) and Accenture’s latest report, Transforming Manufacturing with Generative AI, delves into the immense potential of this technology to redefine traditional paradigms and create new opportunities…
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ENVISIONING DEVELOPED INDIA THROUGH VOLUNTEERING – ACT TODAY FOR AN EQUITABLE TOMORROW
A nation’s biggest asset is its people. When these individuals choose to exercise the power bequeathed to them by political or social architectures, they create the terra firma for accountability and change. Volunteering is a strategic way for people to deploy their time and skills to aid progress and enable…
Startup India: Catalysing economic growth and innovation
India has earned its place as the 3rd largest startup hub globally, with over 100 unicorns shaping the future of innovation and entrepreneurship. Recognised as a powerhouse of entrepreneurial spirit, the country boasts of 157,066 startups acknowledged by the Department for Promotion of Industry and Internal Trade (DPIIT) with more…
Empowering startups through policy support, infra development
India is undergoing an entrepreneurial renaissance, fuelled by a collective resolve to transform the nation into a global hub for innovation and technology. At the heart of this transformation lies the Startup India initiative, which has played a pivotal role since its inception in 2016 in empowering startups through enabling…
How Hospitality and Tourism Can Shape India’s Workforce
Tourism in India has grown remarkably over the past two decades, driven by Government’s initiatives to boost domestic as well as international tourism. Significant investment in infrastructure development, adventure and sustainable tourism and global branding has helped India achieve this growth. As the sector flourishes, the demand from the workforce…
How Future Ready is Indian Manufacturing?
As India gears up to build its manufacturing sector into a global powerhouse and also touch the 5 trillion mark, it is important that the Indian industry also rises up to meet the challenges of this scale up. Competitiveness, innovation, technology adoption and the ability to continuously adapt to a…
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…
The road to ViksitBharat and How India can beat the Middle-Income Trap
India has set an ambitious target of becoming a developed nation by its 100th year of Independence in 2047. This comes at a time when global trade and capital flows are getting impacted by geopolitical tensions and global climate goals necessitate a low carbon growth path. As per the World…
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…
EMPOWERING URBAN INDIA: SMART CITIES IN A NEW ERA OF DEVELOPMENT
The Need for Urban Development With rapid growth in urbanization, an increasing number of people are migrating to cities in search of better opportunities. This has resulted in conurbations scaling up the economic development of those regions and ultimately contributing majorly to the GDP. Projections indicate that by 2031, around…