Digital and analytics is top-of-mind for companies across all sectors, with 90% of CEOs believing that it will transform their industry. Yet only ~17% of CEOs have sponsored and launched digital and analytics initiatives. What is holding them back? Surveys and experience working with manufacturers across the globe show that…
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India-Korea Relations: 50 Years of Collaboration and Friendship
08 Jan 2024 In the vast tapestry of international relations, the bilateral ties between India and Korea stand out as a vibrant and dynamic thread. Over the past several decades, the two nations have woven a story of cooperation, economic partnership, and cultural exchange. As we delve into the intricacies…
B20 India Paves Way for Inclusive Global Economy
05 Jan 2024 The Business 20 (B20) group has risen to prominence as a global business platform that plays a crucial role in shaping policies. Within the G20, the B20 stands out as one of the most influential engagement groups, facilitating meaningful dialogues between the international business community, G20 decision-makers,…
Design Sector: India & the World
As India solidifies its position as an economic and technological powerhouse, the spotlight on design’s transformative potential across industries is intensifying. The outdated notion of design merely enhancing aesthetic appeal has been convincingly debunked. In today’s dynamic landscape, design-led innovations, businesses, and technological advancements are reshaping the world, emphasizing inclusivity,…
Partnerships for Sustainable Stubble Management
India is the second largest producer of rice, a dietary staple across the world. Rice is also an integral part of the regular diet of almost half of India’s population and therefore important for food security. During the green revolution, rice straw cultivation increased drastically in the northern states of…
Transforming India’s Chemical Sector Through Digital and Analytics
India has the potential to become the consumption and manufacturing engine of the global chemical industry. It is witnessing rapid economic growth, has a growing middle class, and is highly competitive at a global level due to its availability of feedstock and skilled workforce along with lower capital and operating…
Navigating the Future: India’s Burgeoning Pharmaceutical Sector
The past decade has witnessed remarkable growth in pharmaceuticals globally. India has emerged as a global powerhouse, playing a pivotal role in providing affordable and high-quality medicines worldwide. The sector’s compound annual growth has been impressive and its share in the country’s GDP has risen, driven by a range of…
Navigating the Digital Frontier: Exploration of Global Digital Transformation
The OECD defines digital transformation as the process of using technology for the desired economic and societal effects. Thus, while often used in business parlance, digital transformation holds significance not only for business firms, but also for governments, public sector companies and different organizations involved in tackling global challenges. Digital…
Exploring Economic Cooperation Between India and the Nordic-Baltic Region
India’s global economic footprint has been expanding rapidly, and one region that holds immense potential for collaboration is the Nordic-Baltic region. Comprising countries like Sweden, Norway, Denmark, Finland, Iceland, Estonia, Latvia, and Lithuania, The Nordic Baltic Eight (NB8) is a innovation and technological powerhouse, while India, with its increasingly strong focus on technology,…
Addressing Intellectual Property Matters in the Manufacturing Sector
Manufacturing is emerging as an integral pillar in the country’s economic growth. India’s manufacturing sector is a key contributor to the country’s economic growth and is projected to be one of the fastest growing sectors. It accounts for about 15% of India’s Gross Domestic Product (GDP) and employs around 12%…