A new vision of steel for development

    2018-12-03T12:50:16+00:00March 15th, 2017|2018/2017, India Investment Journal January Edition, India Investment Journal March Edition, Other Highlights, Policy India, Year|

    The Government of India recently announced a highly ambitious vision for India's steel industry and future demand and circulated a New Draft Steel Policy 2017 for public discussion. This document is an outline for attaining a most challenging target capacity of 300 million tonnes of crude steel capacity by 2030, which is anticipated to be the demand for steel then. To put this figure in context, India is producing only around 100 million tonnes today while China alone produces around [...]

      Is it the right time for energy storage in India?

      2018-12-03T12:52:14+00:00March 15th, 2017|2018/2017, Flagship Scheme, India Investment Journal March Edition, Year|

      As India edges towards its ambitious renewable energy target, the next challenge will be effective energy storage solutions that can be made in the country. India has embarked on an ambitious programme of accelerating renewable energy deployment in the country. The target for renewable energy has been expanded multi-fold to 175 GW by 2022. A major part of the target is going to be from solar PV (100 GW) and wind energy (60 GW) and the rest from small hydro [...]

        How India’s goal for self reliance is transforming aerospace

        2020-03-12T14:19:09+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

        The Indian government’s goal to achieve self-reliance is on track, writes a senior adviser in the defence sector. India’s defence budget has grown manifold over the last seven decades to $39 billion in 2017-18, which is around 1.6 per cent of the country’s gross domestic product (GDP). Overall, India contributes nearly 3 per cent to the world’s defence and aerospace spending of about $1.7 trillion and ranks among the top five countries in the world in terms of military expenditure [...]

          Aerospace industry takes flight with Make in India

          2018-12-03T13:14:51+00:00March 15th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

          It is dubbed Asia’s largest air show and the 2017 edition of Aero India in Bengaluru recently proved the ideal showcase for the Indian government’s plans to transform India into a global manufacturing hub. The highlight of this year’s Aero India was a dual role combat-capable Advanced Hawk jet trainer, developed jointly by the UK's BAE Systems and India's public-sector Hindustan Aeronautics Limited (HAL) being formally unveiled. The smart weapons-enabled Advanced Hawk prototype, scheduled to undertake its maiden test flight [...]

            Aerospace makes an Indian mark

            2018-12-03T12:43:09+00:00March 8th, 2017|2018/2017, India Investment Journal March Edition, Sector Focus/Aerospace, Year|

            The Indian defence-aerospace industry is taking baby steps in the world of aircraft, missile and radar development. There will be massive opportunities over the next decade for Tier 2, Tier 3 and Tier 4 firms in the West to form lucrative long-term JVs with Indian partners. India is negotiating the sale indigenously designed Akash surface to air missiles to Vietnam. Almost simultaneously, the Government of India has also cleared a Rs 17,000-crore (($2.6 billion) agreement o jointly develop a medium [...]

              India: The world’s friendly drug supplier

              2018-08-07T08:04:05+00:00February 9th, 2017|2017/2018, February 2017, Sector Focus/Pharma, Year|

              The Indian pharmaceutical industry is holding on to a sliver of hope that it could become the supplier of choice for the US market. Indian IT sector CEOs aren’t the only ones weighing every word uttered by US President Donald Trump for nuances and burning the midnight oil wondering how to maintain their lead in their largest market. IT’s less glamorous but equally successful knowledge sector cousin, the Indian pharmaceuticals industry, is also worried about how the new US administration’s [...]

                Affordable bio-pharma innovation that is Made in India

                2018-08-06T13:39:21+00:00February 9th, 2017|2017/2018, February 2017, Sector Focus/Pharma, Year|

                Kiran Mazumdar-Shaw is a consistent presence on definitive global lists as one of the world’s most powerful women. As the Chairman and Managing Director of Biocon Limited, she is a trendsetter in the field of biotechnology in India. Here she takes time out for ‘India Global Business’ to give us an insight into her entrepreneurial drive and India’s own biotech journey. How has India's biotech sector grown since you entered as a pioneer in the field? The Indian biotech industry [...]

                  Gujarat: India’s laboratory of development

                  2019-01-02T08:23:05+00:00January 11th, 2017|2018/2017, From The Top, India Investment Journal January Edition, Year|

                  Gujarat is a laboratory of a development model that is uniquely home-grown. A lot has been written and even more spoken of the Gujarat Model of Development that has been praised the world over, including by the United Nations. But in India, the media narrative, disseminated mainly by people who view Prime Minister Narendra Modi – who authored this model as chief minister of Gujarat – solely through the prism of their opposition to everything he does, has been mixed. [...]

                    The promise called India

                    2019-01-02T10:33:01+00:00January 9th, 2017|2018/2017, India Investment Journal January 2017, Policy India, REWIND 2017, Year|

                    India crossed the $300 billion mark at a time when the global economic slowdown has had a dampening impact. This speaks volumes of the opportunity India as an investment destination has to offer and how timely market reforms are creating a positive ecosystem for the international investor. The government of India has taken up a series of measures to improve Ease of Doing Business in the country. The emphasis has been on simplification and rationalisation of the existing rules and [...]

                      Despite the headwinds India’s global march will continue

                      2018-09-05T07:19:26+00:00December 8th, 2016|2016, Putting it in Context, Year, Yearend 2016|

                      The year that began with lots of hope is drawing to a close on a note of concern and some cautious optimism. In between, there was shock, some not so pleasant surprises and renewed promise of a better future. It’s always a huge risk to pre-judge history but I think I’ll still go out on a limb and declare that when the definitive history of globalisation is written, 2016 will stand out as the year in which the idea of [...]