Global Edition – June 2019

///Global Edition – June 2019

Trump’s trade brinkmanship can damage strategic ties with India

2019-07-15T07:21:02+00:00July 12th, 2019|2019, Global Edition – June 2019, Home Page|

US President Donald Trump wants to decouple trade ties with India from Washington’s strategic relationship with New Delhi but his heavy handed approach to trade negotiations is unlikely to yield results without mutual give and take. At the recent G-20 Summit in the Japanese city of Osaka, US President Donald Trump told Indian Prime Minister Narendra Modi: “… We have become great friends and our countries have never been closer. I can say that with surety...” This bonhomie was missing [...]

Trump takes aim at India; how should India respond?

2019-07-12T15:55:38+00:00July 12th, 2019|2019, Global Edition – June 2019|

India needs a more strategic approach than just retaliatory measures to tackle the US President on global trade, writes India Inc. Founder & CEO Manoj Ladwa. In US President Donald Trump’s playbook, trade and strategic relationships with important allies seem to reside in mutually exclusive tight silos. How else can one explain the series of trade fights he has picked with countries such as Canada and Mexico, the EU, Japan and now India. This laser focus on trade to the [...]

It is time for Indian firms to realign their strategy with an eye on the EU customer base

2019-07-12T13:57:16+00:00July 7th, 2019|2019, Global Edition – June 2019|

An industry expert shares his thoughts on the changing India-EU dynamic in a post-Brexit scenario and the role of EICBI in strengthening these relations. The statistical work of Angus Maddison (6 December 1926 – 24 April 2010), a world-leading economist, showed that India's share of world income during the 1700s was around 22.6 per cent, which was almost equal to Europe's share of 23.3 per cent at that time. Today, India's share of the global GDP is around 3 per [...]

India stands to gain from a full-blown US-China trade war

2019-07-15T07:22:10+00:00July 7th, 2019|2019, Global Edition – June 2019, Home Page|

The recent back and forth of tariff hikes between the US and China are causing quite a stir in the global economy. However, in the long run, this tussle could result in several advantageous opportunities for India. When the world’s two largest economies—US and China—that between them account for roughly 40 per cent of world’s overall economic output, go for a full-blown trade war with each other, the impact is felt in every nook and corner of this planet. At [...]

Companies have to think Glocal

2019-07-15T07:22:22+00:00July 7th, 2019|2019, Global Edition – June 2019, Home Page|

Narendra Goliya, founder and Managing Director of Rishabh Instruments, highlights the various factors businesses must keep in mind before contemplating global expansion and shares the secret behind Rishabh’s successful acquisition of Poland-based LUMEL. What lies at the core of Rishabh and Lumel that makes it ripe for global markets? Rishabh and Lumel are both high technology companies which operate in the Industrial sector. One is in Electrical and Electronics Measuring Instruments and the other is in Aluminium Pressure Die Castings. [...]

Promising trends in the Indian healthcare market

2019-07-12T13:58:43+00:00July 7th, 2019|2019, Global Edition – June 2019|

A life science entrepreneur predicts the five key areas in the Indian healthcare space that promise great opportunities over the coming years. Is India leading the wave of innovation in the global healthcare market or catching-up? Take a wild guess. Both. In India’s mission of local excellence but global alignment, what are the promising trends for the next decade? Let’s take a look: Electronic Health Records Electronic health records are the foundation of the upcoming global data revolution. They not [...]

Original storytelling is key in this day and age

2019-07-12T14:01:42+00:00July 6th, 2019|2019, Global Edition – June 2019|

India is slowly becoming one of leading animation and content producing countries in the world. In this interview with ‘India Global Business’, P. Jayakumar, CEO, Toonz Media Group, discusses content creation, India’s position in the digital media arena as well as the company’s global vision. What are the driving factors behind the European acquisitions and other global inroads? Over the past years, Toonz has increased its global footprint, expanding its presence around the world through co-production and licensing partnerships, setting [...]

Ireland is the ideal gateway for companies looking to expand in EU

2019-07-12T14:02:14+00:00July 6th, 2019|2019, Global Edition – June 2019|

With the ongoing uncertainties surrounding Brexit, Indian companies are turning to Ireland to service their EU clients. Over the past 70 years, IDA Ireland has evolved to become a global force in attracting FDI to Ireland. It is among the world’s leading FDI agencies. Over 1,450 MNCs, supported by IDA Ireland, have invested in Ireland to service their European clients. Indian companies have been late in discovering the advantages and opportunities that Ireland offers, but now that they have, we [...]

Driving into Africa with an innovative answer to the ride hailing model

2019-07-12T14:02:50+00:00July 6th, 2019|2019, Global Edition – June 2019|

Karanvir Singh is the CEO of Yego Moto. In this interview with ‘India Global Business’, the serial entrepreneur gives insight into the firm’s work in Africa, their plans for India and his holistic approach to business models. What sets Yego Moto apart in the ride-hailing market? Yegomoto was launched in Rwanda in 2017 as a pilot for other African nations to organise their taxi industries - a marketplace which is still mostly informal and unregulated across the continent. There are [...]

Healthy women are the core of strong communities

2019-07-15T07:23:14+00:00July 6th, 2019|2019, Global Edition – June 2019, Home Page|

A social entrepreneur and educationist outlines the numerous social and collaborative initiatives carried out by the Max India Foundation to break social taboos and create awareness. Every eight minutes, one Indian woman succumbs to a painful death because of cervical cancer, estimates a study by the National Institute of Cancer Prevention and Research. Other studies paint a grimmer picture highlighting that more than 453 million Indian females — aged 15 years and above —are at risk of developing Cervical Cancer [...]