August/September 2016 sub

/Tag: August/September 2016 sub

In defence of making the impossible, possible

2018-12-04T13:23:23+00:00September 16th, 2016|2016, Cover Feature: Defence, India Investment Journal September Edition, Year|

On May 14 earlier this year, India’s defence minister Manohar Parrikar set an ambitious target of $2 billion per annum for arms and ammunition exports from the country in the next two years. By any yardstick, this is a bold statement of intent. After Saudi Arabia, India is the largest importer of defence equipment in the world. In 2015, arms worth $ 4.3 billion were shipped from various parts of the world into the country. In contrast, exports from India [...]

Short Takes

2020-03-12T14:40:26+00:00September 16th, 2016|2016, Cover Feature: Defence, India Investment Journal September Edition, Year|

Thales bets on India supply chain French defence major Thales is eyeing partners for major joint ventures in India, besides the ones already in place with state-run BEL, Samtel and L&T. The group is planning to expand its six-decade-old footprint in India and plans to make the country a part of its global supply chain in a much bigger way. India currently contributes less than 2.5 per cent to the company's €14 billion annual turnover. Pascale Sourisse, senior executive vice-president [...]

Short Takes

2020-03-12T14:12:58+00:00September 16th, 2016|2016, Flagship Schemes, India Investment Journal September Edition, Year|

  CISCO plans India plant Global technology major Cisco has revealed it is working on a plan to establish a manufacturing facility in India. Cisco CEO Chuck Robbins said the company is "very actively involved in India across the board" and working on a broader base from digitisation to smart cities in the country. He said: “Prime Minister Narendra Modi is very committed to manufacturing. We worked through a business case and... presented to him that... That was fantastic and [...]

Rahul Munjal: Renewable energy crusader

2018-12-04T13:21:35+00:00September 16th, 2016|2016, Flagship Schemes, India Investment Journal September Edition, Year|

Though cut from the same cloth, the eldest in the next generation of the Munjal family has taken a divergent route from his predecessors. A staunch advocate of reversing the ill effects of climate change, Rahul Munjal is quickly gaining prominence in the green economy and already has India's largest rooftop solar installation and first certified commercial green bond to his name. Inspired by his father who founded what was to become world's largest two wheeler maker--Hero MotoCorp, the junior [...]

India’s Big Defence Juggle: Great progress, more to be done

2020-03-12T08:12:37+00:00September 16th, 2016|2016, From The Top, India Investment Journal September Edition, Year|

I recently met a well-known financier in London who has invested over $500 million in India. When I met him last year, he was feeling apprehensive about his investments, feeling that his "Modi-bet" may not be coming off. His investments were stagnating, the bureaucracy was still finding its feet with the new political masters, and the outlook was patchy. This time, the mood had changed. He said he had just sold two companies in India, earning a staggering 55 per [...]

India leads the global coding race

2018-12-05T07:26:56+00:00September 15th, 2016|2016, Flagship Schemes, India Investment Journal September Edition, Year|

A new Barclays report finds India racing ahead in the digital coding race. India has emerged on top of a new global digital ranking by Barclays bank in the field of digital creation and coding. While the country lagged behind considerably on broadband access and policy, it made a solid mark in fields such as “protecting data and devices” and “communication and collaborating”, according to the Barclays Digital Development Index commissioned by Ashok Vaswani, the CEO of Barclays UK. The index benchmarks 10 countries worldwide on their readiness to [...]

The future of logistics is paved with innovation

2020-03-12T14:37:59+00:00September 15th, 2016|2016, Flagship Schemes, India Investment Journal September Edition, Year|

The co-founder of a Bengaluru-headquartered logistics firm tells ‘India Investment Journal’ how advanced technology is transforming his industry. The logistics industry is going through a time of rapid change. It was not long ago that ideas like the Internet of Things (IoT), 3D printing and drone delivery, were things of science fiction. In less than half a decade, industries across sectors are deploying these futuristic technologies on the ground to provide faster, cheaper and more reliable delivery experience for end [...]

Getting the Masala right for an India-UK Bond

2020-03-12T14:38:43+00:00September 15th, 2016|2016, India Investment Journal September Edition, Policy India, Year|

‘India Investment Journal’ looks at how Masala Bonds have caught on as a trend, with London Stock Exchange as a preferred hub. The UK government recently welcomed the world’s first ever “Masala” or rupee-denominated bond issued outside India by an Indian corporate being listed on the London Stock Exchange. UK Chancellor Philip Hammond described the "landmark" listing by the Housing Development Finance Corporation (HDFC) as a "major vote of confidence" in London. HDFC became the first company to issue a [...]

Striking the right partnerships for India’s defence

2018-12-04T13:22:07+00:00September 15th, 2016|2016, Cover Feature: Defence, India Investment Journal September Edition, Year|

A foreign policy expert writes exclusively for ‘India Investment Journal’ on how the Indian government can create the right environment to help translate global interest in India’s defence sector into collaborative ventures. A major element in the Modi government’s flagship Make in India programme is the development of the indigenous defence industry, particularly in the private sector. This is essential in view of the fact that India has emerged as the largest arms importer and import dependency for military hardware [...]