20 Feb 2020 The agriculture and allied sectors are considered the bedrock of India’s economy. With farming employing almost half of India’s workforce, Agri Gross Domestic Product (GDP) can be considered the engine of growth for the economy. The global need to produce 50% more food by 2050 cannot be…
Search Results For“technology”
Decriminalisation of Laws
13 Feb 2020 With the world’s largest and youngest workforce and rising consumer incomes, India represents an attractive investment destination for driving economic growth and employment generation. In recent years, the country has made rapid strides in Ease of Doing Business, emerging as one of the fastest reformers of the…
Start-ups Transforming the Automotive Industry in India
11 Feb 2020 The Indian automotive industry is at the cusp of a significant transformation with respect to its sustainable growth and profitability. As per the Automotive Mission Plan 2016-2026 (AMP 2026), the aim is to make the Indian automotive industry the largest job-creating engine in the Indian economy and significantly increase…
Edge Computing: The Future of Connectivity
08 Feb 2020 Cloud computing is considered a major driver for disruption in business with the cloud services market growing at a phenomenal pace. In India, this growth can be attributed to the digital boom with the number of internet users expected to reach a staggering 666.4 million by 2023.…
Future of Mobility – Electric, Autonomous and On-demand
06 Feb 2020 Technological advancements are playing a role in transforming our society, including how people commute from one place to another. The growth of the automotive sector is vital for the overall growth of the country and the sector is likely to contribute over 12% to the country’s Gross…
Confidence building measures in Budget enthuses industry
03 Feb 2020 The Union Budget has taken multiple measures that will build the confidence of industry. These include the measures to reduce tax harassment, to enhance contract enforcement, to decriminalise business laws and simplify the processes of tax payment. These measures will considerably improve the business environment in the…
Budget sees fresh ideas to facilitate sustained growth
03 Feb 2020 The Budget for 2020-21 was presented under challenging circumstances. India’s real GDP growth has fallen to 5 per cent, the lowest in 11 years, reflecting a contraction in consumption and investment. Consumer inflation breached the RBI threshold of 4 per cent. Depressed business sentiments were further compounded…
Budget 2020: FM had a tight rope to walk, and she did well
03 Feb 2020 The Union Budget, presented by finance minister Nirmala Sitharaman came at a time when the economy is projected to grow at an 11-year low of 5%. Loss of consumer demand, falling sales, struggling industries and falling credit growth have been staring in our faces. In light of…
Tax charter will help rebuild trust
02 Feb 2020 Union Budget 2020-21 is a laudable statement that extends across multiple touchpoints of industry concerns while providing a prudent stimulus to the economy. The overall philosophy of the budget of an aspirational India, economic development and a caring society in the backdrop of technology and youth is…
MSME: Growth Driver of the Indian Economy
30 Jan 2020 The MSME sector is one of the key sectors of the Indian economy. Being one of the biggest job creators, small enterprises contribute significantly to the economy. The sector is the backbone of the national economic structure and has imparted resilience to ward off global economic shocks…