Pushkar Mukewar, CEO/Co-Founder, Drip Capital, explains how Indian spice exporters can enter the complex spice products market and cater to a growing consumer base from various geographies given that the global spice trade market is projected to reach US$ 24.2 billion in 2028. The COVID-19 pandemic opened up new opportunities...
The services sector has been India’s mainstay for over three decades post the economic liberalisation in 1991, when it comes to both GVA contribution and trade. However, with the rise of digitisation and automation, accelerated by the COVID-19 pandemic, India will have to evolve its strategic approach towards services in...
The advent of the COVID-19 pandemic and its continued presence urged countries to turn inward and primarily safeguard national interests and impose immediate export and import controls through non-tariff measures. Going forward, as economies recover, such international trade policy approaches needs to be deeply scrutinized and further streamlined. Non-tariff measures...
The Indian diamond industry is deemed to be strongest in terms of its production and processing capabilities. However, given the volatility of the sector as exposed by the COVID-19 pandemic, the diamond industry must focus on capacity-building measures through policy support, investments, knowledge and capacity building. India is reckoned as...
Prasad Sreeram, CEO & Co-Founder, Cogos, believes that an efficient logistics and supply chain is a fundamental block to keep the country moving. As experts expect the third wave to hit the country, the logistics sector will be tested for its resilience, innovation, and preparedness. Thus, leading technology players have...
Dr Deepankar Sinha, Indian Institute of Foreign Trade, cites industry feedback on the shipping crisis, which reveals that empty containers are being shipped to China instead of making them available to Indian exporters. This aspect needs confirmation and further probe. COVID-19 pandemic initiated a slowdown across the world’s logistic systems,...
Dr Arindam Bandopadhyay opines that top priority should be given on mass vaccination as well as research on developing medicines for treating COVID-19 patients to overcome the pandemic. Till then, movements should be restricted to minimise the possibility of a third wave. IBT: Despite the surge in cases, India’s merchandise...
As work from home gained momentum in 2020, it boosted the already emerging gig economy and hybrid work force. Backed by a robust digital infrastructure and well-drafted laws, the gig economy is sure to create enormous employment in the foreseeable future. According to Oxford Internet Institute’s Online Labour Index, India has...
Clamor has risen around India & South Africa’s proposal seeking Intellectual Property Rights or IPR waivers for easier access to COVID-19 medicines. But what choices do nations have if the negotiations fail to bear fruit? And, if the debates actually lead to something concrete, is the pharmaceutical industry ready to...
Dr Rajeswari Sengupta, Assistant Professor at IGIDR, opines that trend of increased demand from international markets for merchandise goods will continue at least for one more year as a lot of demand for goods is driven by the shift to ‘work from home’ models which includes kind of commodities that...
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