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 has overtaken the United States and Europe in locomotive production, having built more than 1,400 units, Union Railways Minister Ashwini Vaishnaw stated. He noted that the country is emerging as a key player in the global railway export market, supplying metro coaches, passenger coaches, and railway bogies to several...
Climate change is significantly impacting coffee production in India, with rising temperatures and erratic weather patterns disrupting ideal growing conditions. This is leading to reduced yields and increased vulnerability to pests, particularly for Arabica and Robusta varieties. Small-scale coffee growers are bearing the brunt of these changes, and the reduction...
India’s pulses production has increased steadily over the past few years, consequently ensuring a drop in imports. It is an opportune time to leverage this rise to aggressively tap the international market, as the domestic demand-supply gap narrows. India’s production of pulses has grown steadily over the past few years,...
Professor Manoj Pant, Director, Indian Institute of Foreign Trade, opines that the world has changed a lot, even though we’re still negotiating multilateral agreements on the basis of a pattern of trade that existed in the late 2nd half of the 20th century. Now companies are major actors in global...
India should accelerate efforts to boost its honey production, given the huge untapped potential of 200 million bee colonies as well as prospects of a surge in demand post the COVID-19 pandemic. Global market size of natural honey is US$ 8.4 billion and it projected to reach US$ 10.3 billion...
Dr. DK Srivastava, Chief Policy Advisor, EY India, proposes a three-phase roadmap for the public sector and private sector to strengthen India’s manufacturing prowess in line with evolving technologies and changing global trends. IBT: What are the major factorat make India’s attractiveness as a manufacturing destination most compelling in the...
Dr. Anuj Sharma, Chairperson – Centre for international Business & Policy & Associate Professor – IB, Birla Institute of Management Technology, feels that the changing landscape of global manufacturing, while posing challenges for SMEs, also provides a lot of new opportunities. India, with a strong base of technical manpower, can play...
Dr. Sunitha Raju, Indian Institute of Foreign Trade, argues that viewing Aatma Nirbhar Bharat from the perspective of import substitution is wrong and potentially dangerous. Instead, India should have a holistic approach towards attracting FDI in its areas of strength, develop skill sets to capture new emerging opportunities and also...
The onset of COVID-19 has exposed the perils of an overdependence on Chinese manufacturing to nations and corporations across borders. This is being viewed as an invaluable opportunity for other nations to emerge as alternate manufacturing destinations. India Business & Trade takes a look at the current dynamics of global...
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