August 2017

///August 2017

Revving up: Auto sector going global

2018-09-04T12:52:39+00:00August 21st, 2017|2017/2018, August 2017, Putting it in context, Year|

India Inc. Founder & CEO Manoj Ladwa tracks how India has driven its auto sector on to the road of global success. Even as you read this piece, there are at least 1,500 passenger cars and 6,000 motorcycles being loaded onto ships at some Indian port for export to the Middle East, Africa, Europe and even the US. The badges they wear read like a veritable who’s who of the international auto industry and include such marquee names as Toyota, [...]

Mission 2022: Modi sounds the election bugle

2018-08-01T13:06:42+00:00August 21st, 2017|2017/2018, August 2017, Last Word, Year|

The Indian PM has spelt out his vision for a New India ahead of the next General Election in the country. Prime Minister Narendra Modi has, in past Independence Day addresses to the nation, announced grand flagship schemes that promise to transform India. So, one was expecting more of the same this year. Instead, the Prime Minister announced a vision – of a New India, that he urged all Indians to work towards, by 2022. He outlined the broad contours [...]

Global Indians in the UAE

2018-08-01T13:04:51+00:00August 21st, 2017|2017/2018, August 2017, Global Indians, Year|

The United Arab Emirates (UAE) has attracted a series of Indian entrepreneurs to its shores who today stand out as the perfect ambassadors for India-UAE ties. Yusuffali MA Organisation: Lulu Group Industry: Retail Place of origin: Kerala Background: Left India in 1973 for Abu Dhabi to join EMKE Group, founded by his uncle. There he developed the business further and launched the Lulu Hypermarket in 1990 at a time when the retail sector in the UAE was undergoing a change. [...]

India an important export hub for auto sector

2018-08-01T13:03:18+00:00August 21st, 2017|2017/2018, August 2017, Cover Feature/Auto, Year|

Y.K. Koo, as Managing Director & CEO of Hyundai Motor India Limited (HMIL), is in the driving seat of one of the leading automotive giants in India. ‘India Global Business’ explores his vision for the Indian market, plans for the country as an exports hub and R&D plans for the region. How important is India for Hyundai globally, as a market and as a production hub? India has emerged as an important automotive market and offers huge growth potential for [...]

Close and warm but…

2018-08-01T13:05:16+00:00August 21st, 2017|2017/2018, August 2017, The Americas, Year|

Donald Trump’s ambivalence on economic and strategic issues concerning India is coming in the way of taking bilateral ties to the next level. If India and the US were Facebook friends, then many in the Indian establishment would be justified in describing the relationship as “It’s complicated.” India is a “major defence ally” of the US, the economic relationship is vibrant, at least on the face of it, Washington has reiterated its support for India to be admitted into the [...]

Ideas flow rapidly in the UAE

2018-05-30T13:10:21+00:00August 18th, 2017|2017/2018, August 2017, Middle East, Year|

The region is a magnet for fintech growth, writes an entrepreneur behind a Dubai start-up. The UAE is known for tall buildings, large projects on sea, oil economy, trading and real-estate projects. The landscape is transformed with e-commerce start-up SOUQ.com taken-over by Amazon for over $650 million. The UAE is a very small country with 10 million people and seven emirates, diversity is huge with people from over 160 countries. So ideas flow rapidly. Given the context of the vision [...]

Indian women’s cricket team makes a global mark

2018-08-01T13:09:38+00:00August 18th, 2017|2017/2018, August 2017, Other Highlights, Year|

We have built a strong foundation for women cricketers in India, says Indian women’s cricket team captain Mithali Raj. The captain of the Indian women’s cricket team, which narrowly lost in the World Cup at Lord’s Cricket Ground in London in July, believes her team’s performance has created a strong foundation for the future of women’s cricket in India. Mithali Raj, who has now also been named as the captain of the Women's World Cup 2017 tournament team by the International Cricket Council (ICC), said her team will take [...]

Indian companies firm on UK & Europe

2018-08-01T13:09:44+00:00August 18th, 2017|2017/2018, August 2017, UK/EU, Year|

From steel, energy and healthcare to food packaging, Indian firms make a mark across the UK and Europe. Tata Steel completes sale of UK mills The UK’s Liberty House Grouphas completed the purchase of two pipe mills from Tata Steel UK in north-east England. Liberty, which is part of the GFG Alliance, had signed a provisional agreement to acquire the units at Hartlepool last month and appointed top steel pipe specialist, James Annal, to head the new pipe and tube [...]

The US market remains Indian priority

2018-08-01T13:09:53+00:00August 18th, 2017|2017/2018, August 2017, The Americas, Year|

Acquisitions and plans for greenfield operations make up India’s recent impact in the US. TVS Group firm plans overseas plant The TVS Group’s flagship firm Sundaram-Clayton Ltd (SCL), a leading Indian manufacturer and supplier of aluminium cast products to global automotive OEMs, has unveiled plans for a new overseas plant. The company is to also invest $61.5 million (Rs 400 crore) over three years to expand its facilities in India. This will increase its capacity from 60,000 MT to 70,000 [...]

An export hub in the making

2018-08-01T13:12:08+00:00August 18th, 2017|2017/2018, August 2017, Guest Columns, Year|

The idea of India as an export hub has shown some promise in the last few months. Engineering exports to Israel on a high India's engineering exports to Israel have gone up by about 640 per cent, that is more than seven times in April 2017 on an annualised basis, official data by EEPC has revealed. The sharp jump in exports comes just ahead of Prime Minister Narendra Modi’s impending visit to Israel in July. EEPC is the trade and [...]