Arnab Mitra - India Inc Group

Arnab Mitra is a senior journalist based in Delhi. He writes on business and politics.

India’s vaccine rollout a turning point in battle against Covid

India’s vaccine rollout a turning point in battle against Covid

The Modi government has approved two vaccine candidates and plans to inoculate 300 million people by July. It has launched a massive training programme for health workers and conducted drills to ensure the success of what will be the world’s largest vaccination programme.

Self-Reliant India paves its way to the $5-trn GDP dream

Self-Reliant India paves its way to the $5-trn GDP dream

The Self-Reliant India mantra has already succeeded in attracting billions of dollars of FDI, with much more in the pipeline. This rapid ramp-up in technological and manufacturing capacities is setting the stage for rapid growth in the years ahead.

India may become world’s 3rd largest economy within next decade

India may become world’s 3rd largest economy within next decade

Though the Covid-19 pandemic will cost India two years of growth, the increased digitisation of the economy and the slew of reforms undertaken by the Modi government will ensure that it overtakes Germany and Japan and crosses the $5-trn GDP mark over the next 7-8 years.

India can match China’s chip making capacity

India can match China’s chip making capacity

Following the success of the PLI scheme in attracting global smartphone makers set up facilities in India, the Modi government has launched an initiative to encourage chip making in the country. Executed properly, this could propel India past China in this critical segment of future-ready manufacturing.

Modi’s fiscal prudence to help Indian economy bounce back this year

Most major global agencies expect India to record steroid charged growth in 2021, albeit from a reduced base. The much-criticised measures by the government and the RBI to ensure that the country’s macro-economic indicators remain in good shape are now expected to pay rich dividends.

Can India play its ‘Taiwan card’ to bring China around?

Though India does not have formal diplomatic relations with the island democracy that Beijing considers a breakaway province, it has slowly been increasing bilateral engagements in the economic, cultural and educational spheres. This can, with some deft diplomacy, become a bargaining chip at future negotiations.

MSME reforms set the stage for big manufacturing boom

The long neglected MSME sector has received a leg up from the recent spate of reforms announced by the Modi government. These can encourage MNCs that are looking at India to consider moving many of their feeder industries to this country – generating growth and employment and giving a fillip to consumption.

First green shoots of growth visible in NBFC sector

India’s shadow banking sector, which finances a majority of auto, consumer durables and housing sales, is expected to come out of its slump and get back on the growth track next year. This will help fuel consumption, improve demand and generate growth.

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