The Indo-Pacific Economic Framework (IPEF) for Prosperity has recently identified several key sectors under its supply chain resilience agreement, highlighting semiconductors, critical minerals, batteries, and chemicals as essential areas for collaboration among its 14 member countries, including India and the US. This strategic move is a decisive response to the...
Profound technological transformations in the past decade, particularly in fintech, have been driven by innovations such as IoT, blockchain, AI, and machine learning. This further highlights the diverse scope of fintech, spanning categories like payments, lending, insurance, and digital identity. Fintech startups may act as catalysts reshaping the financial landscape...
India’s unique strengths in the EV sector, such as a vast market, government commitment, and dominance in two-wheelers will help India on its journey to becoming the EV hub. Few challenges in charging infrastructure, upfront costs, reliance on imports, and range anxiety, no doubt have been the deterrents to this...
With a 46.8% Year-on-Year increase in order volume, the electrical items and peripherals segment of Indian e-commerce has experienced strong growth. One of the main drivers of growth has been the post-pandemic push, which is leading retailers to abandon owning physical stores and adopt e-commerce on a local and international...
Indo-Pacific Economic Framework for Prosperity (IPEF) was established to foster resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness of the fourteen partner economies. US-led economic initiative IPEF seeks to strengthen economic engagement among partner countries and promote growth, peace and prosperity in the Indo-Pacific region. In an attempt to encounter...
Sarita Sharma, cofounder of Orangestar Logistics, believes that the logistics sector in India has shown its true potential owing to technological advancements and recent introduction of 5G network services. Speaking with IBT exclusively, Sarita says that her company is constantly adapting to the latest technology to offer real-time tracking updates...
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...
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...
IIM Bangalore’s Prof. Amar Sapra suggests that before implementing digitisation of the logistics network, companies should endeavour to maximise the benefits from traditional supply chain planning – planning production well, keeping the right level of safety stock, high fill rate, route optimization, etc. Also, the technology adoption should be consistent...
After the sharp fall in GDP in the first quarter, projections indicate that India’s economy is expected to return to positive growth only in 2021-22. While Dr Sunitha Raju, Indian Institute of Foreign Trade is positive about the improvement in  Business Expectation Index, she urges for strong support of employment...
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