India has rapidly taken off to become the third-largest domestic airline market in the world, supported by a steady rise in air passenger traffic. Indian aviation sector is dominated by IndiGo and Air India, making up 90 per cent of domestic seats. With over 1,000 additional planes are on order, India is projected to require...
In a recent report, the World Bank said India’s economy needs to grow by 7.8 per cent on average over the next two decades to achieve the country’s aspirations of reaching high-income status by 2047, the 100th year of Independence. While India’s pace of growth, averaging 6.3 per cent between 2000 and 2024, provides the...
In the looming global trade war unleashed by the United States President Donald Trump with reciprocal tariffs on trade partners, India can be a net gainer despite his outbursts against India’s high tariffs on American goods. However, it’s going to be a very difficult road ahead given Trump’s give-and-take policy, be it friend or foe....
The World Economic Forum declares AI in healthcare as ‘India’s trillion-dollar opportunity.’ Artificial Intelligence (AI) has the potential to transform healthcare services uniquely in India by improving patient outcomes, increasing efficiency, reducing costs, enhancing access to care, overcoming doctor-patient ratio and lessening burden on hospitals. Here are some ways AI could change healthcare services...
Digital lending is one of the fastest-growing fintech segments in India and it has grown exponentially from nine billion USD in 2012 to nearly 150 billion USD in 2020. It was expected that the digital lending market will reach a value of around 350 billion USD by the end of 2023. This business has mainly...
Numerous studies have shown that cellphone and internet addiction have a similar effect on our brain as drugs such as heroin. Hence, this is concerning especially for children and teenagers, as their brains and social skills are still in a developing stage. With the advancement of cellphones into smartphones, along with the progress in internet...
While the size of the Indian leather trade and products is estimated to be USD 10 billion, almost USD 5 billion worth of manufactured goods are exported annually. Leather sector has maintained high export earnings consistently and is one of the top ten foreign exchange earners for the country. India enjoys the feat of being...
India has big goals for renewable energy, and in order to meet these goals, rooftop wind energy can complement solar energy projects. India is committed to achieving a series of announcements made globally, such as reaching 500 GW (gigawatt) non-fossil energy capacity by 2030; with 50 per cent of its energy requirements coming from renewable...
Space technologies has been undergoing a transformation world over, most recently in India. With newer scopes and opportunities galore emerging gradually, new business models have also been evolving. According to the Organisation for Economic Cooperation and Development (OECD), space economy is defined as the full range of activities and the use of resources that create...
Consumers in India, in general, choose repair over replacement. Being natural recyclers, Indians like to maximise the life of every equipment that they use. An organised approach towards the above presents an opportunity to create an ecosystem in the hardware manufacturing space for outsourcing defective and damaged electronic items. Repair, refurbishment and remanufacture of electronic...