The Lion Conquers the Forest: Achieving a USD 1 Trillion Manufacturing Economy
25 Apr 2019 Recently, CII partnered with the Government to work on the target of creating a USD 1 trillion manufacturing economy by 2025-26. We brought out a report ‘The Lion Conquers the Forest, India: A USD 1 Trillion Manufacturing Economy’ which looked at how India could become a leading global destination for cost-effective high […]
Rural markets can boost the Indian Economy
26 Apr 2019 Rural India houses approximately 83 crores of its citizens in its six and a half lakh villages. Off late, the increasing purchasing power of this 70% rural population has been attracting the attention of marketers who have initiated rural marketing strategies to tap into this market, which for some is much larger than their […]
The Role of Amusement and Theme Parks in the Indian Economy
28 Apr 2019 The term Amusement parks spark our imagination in a way that takes us right back to our own childhoods. Be it simple Indian Melas, or today’s proliferation of the same, like Disneyland, both children and adults alike find themselves enjoying it immensely. With the dawn of globalization and boost in the rising […]
New Income Tax Act Should Aim at Competitiveness of Indian Industry
29 Apr 2019 In a rapidly transforming global economic environment, the role of the tax structure of economies has gained heightened relevance. Across the world, from advanced economies to emerging ones, tax rates for companies are being slashed to enable sharper competitive advantage. India has also taken note of these developments. The US has dramatically reduced tax rates […]
India’s billion-dollar digital gaming market on the upswing
30 Apr 2019 The Indian digital gaming industry has tremendous potential as it is poised to have over 300 million gamers by 2021. There is a high sense of optimism amongst advertisers, retailers and promoters as the market is fast growing from the present USD 890 million. Though the Indian market constitutes a mere 1% […]
Challenges to growth
25 Apr 2017 While the GDP growth rate remains encouraging, the Indian economy suffers from declining investment, slow industrial growth, overcapacity and rising bank non-performing assets (NPAs). NPAs – Bank NPAs at 9.3% with public sector banks at 11% is a matter of high concern. NPAs are close to Rs 7 lakh crore, growing by […]
Demonetization: A Bold Economic Reform
27 Apr 2017 An unexpected currency swap drive was launched on 8 November last year, as a part of which all 500 and 1000 rupee notes were demonetized as legal tender and were to be exchanged for new tender in 500 and 2000 rupee denominations. This move, which removed 86% of the currency in circulation […]
Indian investment in the UK: the big picture
10 May 2017 The deep economic relationship between India and the UK continues to flourish. In 2016, approximately 800 Indian companies were operating in the UK, accounting for around 110,000 jobs and recording combined revenues of £47.5 billion. The strength of the ties between the two countries is confirmed by figures showing that India is the […]
Select Smart Manufacturing: Technology enabled manufacturing Smart Manufacturing: Technology enabled manufacturing
11 May 2017 Over last few years, the world is increasingly making use of technologies in diverse fields. Products and services are being offered in innovative new platforms which are more efficient and integrated. At the same time, technological advancements are leading to reorganization of delivery of societal goods like education, healthcare, and infrastructure as […]
The Corporate Stress Facet of India’s Twin Balance Sheet Problem
15 May 2017 India’s economic growth remains resilient, with official projections of FY17 Gross Value Added (GVA) growth at 6.9 per cent, and RBI forecasting an uptick in FY18 growth to 7.4 per cent. The pressing issue now is to sustainably accelerate India’s growth up to 8 per cent and above. The only way to […]