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Category: Domestic Economy

FTAs hurting Indian petrochemical industry; review all FTAs

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India’s petrochemical industry is one of the major contributors to the country’s GDP. It serves as a backbone for development of various other manufacturing and non-manufacturing sectors viz. agriculture, healthcare, infrastructure to name a few. With enough processing capacities,...
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Generating growth and jobs through universal healthcare

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Universal healthcare was initiated through Ayushman Bharat Yojana or Pradhan Mantri Jan Arogya Yojana (PMJAY) in February 2018. It is a matter of national pride to see that the underserved and unserved sections of society have been thought of and access...
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Emerging technologies driving pharma industry to reimagine its future

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Catalyzed by an exciting range of new disruptive technologies, the pharmaceutical industry needs to reimagine its future. The need to reimagine is being driven by shifts which are disturbing the industry’s status quo – pressure to reduce costs and...
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Six steps to boost medical device industry in India

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India is a fertile ground for innovative ideas relating to medical products and technologies. Individuals and academia here come up with brilliant ideas all the time. Potentially, each of these ideas represents a product that Indian MSMEs can make...
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Government working to make India a major aviation hub by 2040

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The Indian government is working to make India one of the world’s major aviation hubs by 2040 that may see major changes in tax structure, fleet size, privatisation, number of airports, automation and indigenous aircraft manufacturing capacity. Initiatives like...
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Domestic tourists to drive Indian tourism sector

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India has emerged as tourism powerhouse over the recent years and is the eighth largest country in terms of contribution to travel and tourism GDP. In 2018, the sector generated USD 247.3 billion (INR 16.91 trillion) and was the...
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