Weaving a rich tapestry around their historical ties, India and Spain bilateral relations have grown into a robust partnership encompassing trade, investment, culture and technology. Their relationship stems back to the 16th century being one of trade, when Portuguese traders first introduced Spanish goods to India. These ties have grown…
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Celebrating Ayurveda Day 2024: Unleashing the Potential of AYUSH for Global Health
The AYUSH sector in India has witnessed transformative growth over the past few years, positioning itself as a significant contributor to both the national economy and global healthcare solutions. By 2024, the manufacturing sector of AYUSH reached an impressive valuation of US$ 24 billion, up from US$ 18 billion in…
Ship Recycling in India: Pushing Sustainability and Growth
As one of the largest ship recycling nations globally, India’s ship recycling industry plays a pivotal role in the sustainable disposal of end-of-life vessels. The industry not only contributes significantly to the circular economy by salvaging valuable materials but also aligns with India’s environmental and economic goals. This article explores…
Building a Legacy: Bhubaneswar, Chennai, and Ahmedabad Lead India’s Sports Transformation Journey
India’s sports landscape is rapidly evolving, with cities across the country emerging as global sports hubs. A recent report by the Confederation of Indian Industry (CII) and Grant Thornton Bharat ‘Sports Cities of India 2024’, underscores the cities leading this transformation. The report evaluates key cities based on infrastructure development,…
Need of the hour: Large-Scale Methanol Plants in India to Cut Fossil Fuel Imports
India’s energy security is a critical concern as the country is heavily reliant on imports for its energy needs. With an annual import bill of over $132 billion for crude oil alone, which accounts for more than 80% of its petroleum requirements, there is an urgent need to explore alternatives.…
Current Economic Trends and the Need for SMEs to Become Export-Oriented
India’s economy is at a pivotal stage, navigating both opportunities and challenges in the global landscape. With a GDP growth rate projected to remain robust despite global economic uncertainties, the country is positioned as a key player in global trade and manufacturing. However, for India to truly realize its potential…
Essential business priorities in a changing world
Navigating the Global Economic Landscape Following the multiple exigencies of the recent past, the global economy appears to have stabilised this year, albeit with geopolitical risks remaining on the horizon. The G-20 economies displayed different growth rates in the first quarter of the year, with some growing more rapidly than…
Extensive Training in Local Languages Augments Micro-Enterprises Embracing Digital Tools Effectively
A boom in Digital Technology has transformed the world in numerous ways, and has essentially become indispensable for business to remain competitive and connect with a wider market. In manufacturing too, it has optimized every step of the manufacturing process by supporting AI monitored production, and thus enhancing quality for businesses. At…
Advancing India’s Biofuel Revolution: Key Insights from the 12th CII Bioenergy Summit
The 12th CII Bioenergy Summit, held on October 14, 2024, in New Delhi, witnessed notable addresses from Shri Nitin Gadkari, Hon’ble Union Minister for Road Transport and Highways, and Shri Hardeep Singh Puri, Hon’ble Union Minister for Petroleum & Natural Gas. The summit spotlighted India’s ambitious strides in bioenergy, with…
India’s Advantage as a Human Resources and Skills Powerhouse
The world is on the brink of a significant labor shortage. Driven by demographic shifts, aging populations, and evolving industries, this shortage threatens to undermine economic growth and stability, particularly in developed nations. However, as many countries grapple with a shrinking workforce, India stands at a pivotal moment. With its…