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India’s manufacturing pivot: Innovation-led growth to scale to $1.6T by FY34

May 1, 2025/

India’s manufacturing sector is undergoing a strategic transformation—from relying on low-cost labour and scale to embracing IP-led, research-driven, and automated production models. According to 3one4 Capital’s report ‘The Future of Production in India’, sectors like semiconductors, aerospace, and specialty chemicals are leading this shift. India’s manufacturing industry is undergoing a...

India’s steel imports hit record high amid supply constraints

March 5, 2025/

India’s finished steel imports from China, South Korea, and Japan surged, turning the country into a net importer. Rising demand, fueled by infrastructure projects and urban expansion, contrasts with slow domestic supply growth. Imports from major Asian exporters soared, while India’s steel exports dropped to a seven-year low. The government...

India’s alcoholic beverage industry is in high spirits!

October 17, 2023/

The Indian alcoholic beverage industry, after facing two consecutive pandemic-hit years in FY2021 and FY2022, witnessed a remarkable resurgence in FY2023. The industry’s performance during this period was characterised by robust revenue growth and an increased demand for spirits and beer. As we look ahead to FY2024, the outlook remains...

India set to transform into a global automotive hub

October 10, 2023/

India’s automotive industry ranked fourth globally, aims to hit an impressive $1 trillion by 2035, as per Arthur D. Little. This transformation is propelled by an infusion of more than US$400 billion into areas such as design, development, and cutting-edge technology. As India sets its sights on becoming a global...

AI is transforming India’s healthcare future for better

July 6, 2023/

The Indian healthcare industry is worth around US$ 372 billion and is experiencing a digital transformation, with data and Artificial Intelligence (AI) expected to contribute US$ 25-30 billion to India’s GDP by 2025.  AI has the ability to completely change the way healthcare is provided by advancing diagnoses, better treatment...

Reforms in ALMM: Boosting India’s solar industry

June 9, 2023/

The Approved List of Models and Manufacturers (ALMM) for Solar Photovoltaic Modules has been enhanced with significant reforms. The reforms primarily focus on cost reduction for solar PV manufacturers, streamlining the application-to-enlistment timeline, and easing the compliance burden.  Image Credit: Shutterstock India has been actively working on expanding its manufacturing...

Burgeoning QSR industry in India

April 24, 2023/

The Quick Service Restaurant (QSR) sector in India has rapidly evolved from its earlier hygienic and cost-effective format. It now offers both comfort and cuisine, invariably meeting the needs of its various consumers. As QSRs are gaining popularity across the country, the domestic QSR market is expected to reach US$...

The next decade could see many Indian innovative companies emerge

February 23, 2021/

C S Murali, Chairman, Entrepreneurship Cell, Society for Innovation and Development, IISc Bangalore, discusses how the institute’s STEM incubation cell handholds startups towards successful commercialisation of their innovations. He is optimistic that with the improvement in business climate and growing domestic market, India’s innovation ecosystem is set for better days...

Despite COVID, India & Brazil are pursuing US$ 15 bn trade target by 2022

November 19, 2020/

H.E. Mr. André Aranha Corrêa do Lago, Ambassador of Brazil to India, envisages huge opportunities for bilateral investment between India and Brazil in in electrical manufacturing, biofuels, aerospace, defence, pharmaceuticals, and information technology. Trade is also way lower than the potential, considering that India and Brazil are among the top...

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