India is a glimmer of hope in a slowing world
1 year, 11 months ago

India is a glimmer of hope in a slowing world

Live Mint  

As we welcome 2023, there is much to be optimistic about and as much to reflect on. From bringing global manufacturing and supply chains to India to striking astute bilateral trade deals to building the much-needed infrastructure at a steady pace, the Prime Minister has dramatically altered not only the ease of doing business but also rendered the country a destination that global capital pools cannot ignore. For years, my team and I at Alpha Wave Global have struggled to make sense of many things around us—things that were bizarrely unusual at first but, over time, became commonplace. In other instances, we missed the tell-tale signs of sales and marketing spending, driving a rapid expansion of top-line metrics that obscured deteriorating unit economics. We have tried in every instance to help founders navigate difficult decisions, including managing burn and its human cost, and face fundamental issues around a lack of PMF or a path to healthy unit economics.

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History of this topic

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial
1 week ago

India will benefit from cooperation not by turning away from its neighbor: China Daily editorial

China Daily  

In his meeting with President Xi Jinping on the sidelines of the BRICS Summit held in Kazan, Russia, on Oct 23, Indian Prime Minister Narendra Modi noted that maintaining the steady growth of India-China relations was critical for the two countries and peoples. Against a complex international landscape, cooperation between India and China, two engines of economic growth, could help …

Need to blend commercial considerations with economic priorities, strategic needs: Sitharaman
1 week, 5 days ago

Need to blend commercial considerations with economic priorities, strategic needs: Sitharaman

The Hindu  

Finance Minister Nirmala Sitharaman on Wednesday stressed that India Inc.’s commercial considerations should blend with the economy, nation’s priorities and strategic needs. Asking the industry to “realign and reset” itself based on the lessons learnt in the last decade, Ms. Sitharaman said the supply chains should be widespread lest geopolitical risks disrupt it. “Economic and commercial considerations today will have …

China+1 plan: India’s limited gain
2 weeks, 4 days ago

China+1 plan: India’s limited gain

New Indian Express  

NEW DELHI: Government think tank Niti Aayog has admitted that ‘India has seen limited success so far in capturing the China Plus One strategy. It attributes factors like cheaper labour, simplified tax laws, lower tariffs and pro-activeness in signing free trade agreements have played a key role in helping these countries expand their share of exports. The US has raised …

Finance Ministry ‘cautiously optimistic’ on India’s economic outlook; geopolitical fragility remains a concern
4 weeks ago

Finance Ministry ‘cautiously optimistic’ on India’s economic outlook; geopolitical fragility remains a concern

Live Mint  

India's economic outlook for the coming months will be ‘cautiously optimistic’, with the agriculture sector benefiting from favourable monsoon conditions, according to the Monthly Economic Review for October 2024 released by the Ministry of Finance's Department of Economic Affairs. “Moving forward, India's economic outlook for the coming months is cautiously optimistic, with agriculture likely to benefit from favourable monsoon conditions, …

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump victory: Report

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge As per the report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It …

India could benefit from re-orientation of global supply chain away from China after Trump's victory
Trending News
1 month, 2 weeks ago

India could benefit from re-orientation of global supply chain away from China after Trump's victory

Op India  

After the victory of the Donald Trump in the US Presidential elections, India could benefit from any re-orientation of the global supply chain away from China says a report from Care Edge. As per report, Trump has proposed imposing high tariffs on imports from China, which could lead to changes in global trade dynamics, creating opportunities for India. It said …

India has become trusted, reliable partner in global supply chain: Piyush Goyal
1 month, 2 weeks ago

India has become trusted, reliable partner in global supply chain: Piyush Goyal

Hindustan Times  

NEW DELHI: India is the most attractive investment destination which has established itself a “trusted and reliable” partner in the global supply chain, commerce and industry minister Piyush Goyal on Friday said adding that the government is looking at setting up a mini Silicon Valley in Goa. FILE PHOTO: Commerce minister Piyush Goyal said India is steadily developing to become …

Tech Titans Flock to India: A Strategic Play for the Future of AI
1 month, 3 weeks ago

Tech Titans Flock to India: A Strategic Play for the Future of AI

Live Mint  

Top tech executives are visiting India to explore opportunities for co-creating intellectual properties in tech, as India is the second-largest developer base in the world after the US. With vast sections of the world’s developer ecosystem either based in India or originating in the region, a concerted effort from the Centre is pushing Indian firms to build foundational technologies. This …

How India can fix the Chinese imports problem
2 months, 3 weeks ago

How India can fix the Chinese imports problem

Live Mint  

India last month extended countervailing duties of 12-30% on certain steel imports from China and Vietnam, following requests from local producers to safeguard against cheaper imports. Read this | Mint Primer | China’s stimulus: What it spells for India & the world A growing economy like India’s naturally requires more imports to meet rising consumption and manufacturing demand, with cost …

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports
5 months ago

Economic Survey 2023-24: India’s success in exports and reducing Chinese imports

The Hindu  

The government's steps such as mandatory quality norms and increase in customs duties have significantly helped the domestic toy players to boost exports and reduce dependence on Chinese imports, Economic Survey said on July 22. "India's import bill for toys from China dropped from USD 214 million in FY'13 to USD 41.6 million in FY'24, leading to a decline in …

Three imbalances on road to India's economic rise
6 months, 2 weeks ago

Three imbalances on road to India's economic rise

China Daily  

Indian Prime Minister Narendra Modi is preparing for a third term in office, but the just-concluded general election was different from the previous ones in that the overall voter turnout was lower than the previous elections, leaders of some political parties showed "election fatigue" and many voters might have voted against Modi. Although New Delhi proposed the "Make in India …

Three imbalances on road to India's economic rise
6 months, 2 weeks ago

Three imbalances on road to India's economic rise

China Daily  

Indian Prime Minister Narendra Modi is preparing for a third term in office, but the just-concluded general election was different from the previous ones in that the overall voter turnout was lower than the previous elections, leaders of some political parties showed "election fatigue" and many voters might have voted against Modi. Although New Delhi proposed the "Make in India …

The services story: On India’s success
7 months, 3 weeks ago

The services story: On India’s success

The Hindu  

A deep-dive research report from global investment banking major Goldman Sachs, evocatively titled ‘India’s rise as the emerging services factory of the world’, has captured India’s recent success in providing global services and sought to forecast growth prospects and risks in the medium term. The firm takes a broader view of India’s services exports over the last 18 years, including …

Indian economy projected to grow 6.5% in 2024: UNCTAD
8 months ago

Indian economy projected to grow 6.5% in 2024: UNCTAD

The Hindu  

India’s economy is projected to grow by 6.5% in 2024, according to a report by the UN which noted that multinationals extending their manufacturing processes into the country to diversify their supply chains will have a positive impact on Indian exports. “The expansion in 2023 was driven by strong public investment outlays as well as the vitality of the services …

Trade puzzle: The Hindu Editorial on exports and global trade
9 months ago

Trade puzzle: The Hindu Editorial on exports and global trade

The Hindu  

Towards the end of a tumultuous trading year, India’s goods exports jumped 11.9% in February, marking the healthiest uptick in 20 months. It is remarkable that this spurt, significantly higher than the average export tally of $35.4 billion in the first ten months of this year, comes amid persistent concerns about disruptions in the Red Sea and the drought-hit Panama …

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant
9 months, 2 weeks ago

In A World Starved Of Growth, India Is An Outlier, Will Become Third-Largest Economy In 5 Years: Amitabh Kant

ABP News  

India is set to become the third-largest economy and stock market in the world in the next five years, G20 Sherpa and former NITI Aayog chairman Amitabh Kant said at the India Dialog conference, organised by the Stanford University US-Asia Technology Management Center, in partnership with the Institute for Competitiveness. Sharing his inputs on the country’s growth, Kant stated: “In …

Sprinting when world is limping
1 year, 2 months ago

Sprinting when world is limping

Hindustan Times  

With a 6.3% growth in 2023-24 and 2024-25, India will continue to be the fastest growing major economy in the world, the International Monetary Fund said in its World Economic Outlook on October 10. Unless the situation in West Asia really flares up after Hamas’s attack on Israel and energy prices increase significantly, inflation is unlikely to be a major …

DC Edit | Inflation, exports still a concern
1 year, 3 months ago

DC Edit | Inflation, exports still a concern

Deccan Chronicle  

India’s economy performed well by growing at the rate of 7.8 per cent in the first quarter of financial year 2023-24, thanks to a significant increase in private consumption, government capital expenditure, financials and services. Though the current growth rate pales in comparison with 13.1 per cent expansion in the economy witnessed in the first quarter of FY 2022-23, it …

To reach its economic potential, India must abandon protectionism
1 year, 4 months ago

To reach its economic potential, India must abandon protectionism

Hindustan Times  

It is not hard to see what enthuses the many evangelists for India’s economy. India’s government is convinced that reducing imports is necessary for its security and creating manufacturing jobs, and especially hopes to reduce imports from China. In 2022 value added in manufacturing accounted for 13.3% of India’s GDP, down from 15.6% in 2015 and the lowest since 1967; …

Slippery Slope of Geopolitics: The Sino Slide - News18
1 year, 4 months ago

Slippery Slope of Geopolitics: The Sino Slide - News18

News 18  

For four decades, the Chinese juggernaut has been marching forward. By the end of the last decade, the world, including the US, the P5 nations and India, had more or less reconciled to a future dominated by the G2 — the US and China. Indian public opinion now clearly treats China as its enemy number one — a burden that …

Downhill driving: The Hindu Editorial on India’s overall trend of exports
1 year, 5 months ago

Downhill driving: The Hindu Editorial on India’s overall trend of exports

The Hindu  

After hitting a record $775 billion in 2022-23, India’s exports are off to a rocky start this year. While this implies the goods trade deficit may not widen as it had last year, it does not augur well for domestic growth impulses that form India’s key armour against the gathering global slowdown. Frail global demand may not just impact trade …

India's GDP growth exceeds expectations, but key to 'Amrit Kaal' lies in manufacturing
1 year, 6 months ago

India's GDP growth exceeds expectations, but key to 'Amrit Kaal' lies in manufacturing

Firstpost  

The coming 24-25 years will be crucial to India in determining its stakes as a global political and economic power. The fifth-largest economy now needs to gear up to its highest potential, with the manufacturing sector being given a fair chance to show its charisma Outperforming expectations, India’s GDP grew at the rate of 6.1 per cent in the last …

India is making its mark in the world
1 year, 6 months ago

India is making its mark in the world

Hindustan Times  

India is in a rare moment of equilibrium. India’s economy is no longer at the receiving end of the global order but is in the fray of the world’s most powerful future economies, with an unmatched growth rate. The International Monetary Fund says India and China will account for 50% of the total world gross domestic product growth in 2023, …

India's Manufacturing PMI In April Hits 4-Month High On Robust Demand
1 year, 7 months ago

India's Manufacturing PMI In April Hits 4-Month High On Robust Demand

News 18  

India’s factory activity expanded at its quickest pace in four months in April, driven by solid growth in new orders and output, a private survey showed on Monday, signalling resilient demand and an encouraging outlook. Besides seeing the strongest inflow of new work in 2023 so far, capacities were expanded through job creation, input buying was lifted.” Both new orders …

Union Budget 2023-24: Consumer Electronics sector expects proposals to bolster its growth
1 year, 10 months ago

Union Budget 2023-24: Consumer Electronics sector expects proposals to bolster its growth

Firstpost  

It would also be very helpful to the sector if the government provides incentives for the domestic design and manufacture of electronics Around 62 per cent of industry leaders were optimistic about India’s growth prospects in 2023, according to a recent survey by Deloitte. Outlook for electronics sector In recent years, there has been a lot of discussion around India …

The global economy needs a new powerhouse. India is stepping up
1 year, 11 months ago

The global economy needs a new powerhouse. India is stepping up

Live Mint  

India’s economic transformation is kicking into high gear.Global manufacturers are looking beyond China, with Prime Minister Narendra Modi stepping up to seize the moment. “India is on the cusp of huge change,” said Nandan Nilekani, a founder of Infosys Ltd., one of the nation’s largest technology services companies. “A lot of companies feel that given its size, given its young …

Why rapid economic development is important for India | OPINION
1 year, 11 months ago

Why rapid economic development is important for India | OPINION

India Today  

India is a society in transition. There was a time when everyone in the world, whether it was Columbus or Vasco da Gama, wanted to go to one place – Bharat. After independence, revival should have happened quickly, but one significant blockage we created was that we cut off trade routes both in the east and the west. There is …

How growth stories of India and China stack up
1 year, 11 months ago

How growth stories of India and China stack up

Live Mint  

New Delhi: Come Union budget day on 1 February, a central point of analysis would be if it’s enabling economic growth adequately. View Full Image Mint China’s great strength, and India’s weakness over the past 15 years or so, has been investment, or the net addition to capital goods like machinery and equipment. View Full Image Mint China scripted its …

DC Edit | At last, Global South has a voice
1 year, 11 months ago

DC Edit | At last, Global South has a voice

Deccan Chronicle  

There was no great sense of optimism, leave alone any certainty, about the world resolving the major issues of 2022 when it entered 2023. The world is in crisis and there is no end in sight paraphrased Mr Modi’s concerns as he addressed the Global South, a collection of 120 Asian, African, and Latin American countries that do not have …

In 2022, India Was A Bright Spot in The World amid Gloom of War And Slowdown, 2023 Is The Time to Shine
1 year, 11 months ago

In 2022, India Was A Bright Spot in The World amid Gloom of War And Slowdown, 2023 Is The Time to Shine

News 18  

As the global economy was normalising after a battering from the Covid pandemic, the Russia-Ukraine War broke out in 2022. India also extended assistance of about $4 billion to stabilise Sri Lanka’s economy which was in a tailspin in 2022, coupled with massive political upheaval. India’s growing strategic importance on the world stage is reflected in the establishment of the …

In the new evolving world, India needs a new vision
1 year, 11 months ago

In the new evolving world, India needs a new vision

The Hindu  

The year 2022 can perhaps be best summarised by a quote by Vladimir Lenin: ‘There are decades where nothing happens; and there are weeks where decades happen.’ The year began with the ostensible vanquishing of the COVID-19 pandemic, thanks to the remarkable collective vaccination efforts of science, business and governments across the world. Editorial | Clarity and confusion: On Rahul …

Turning tide: On India’s goods exports
1 year, 11 months ago

Turning tide: On India’s goods exports

The Hindu  

India’s goods exports rebounded from a nearly 17% dip in October to a mild 0.6% uptick in November. Their share in exports growth has been shrinking since June, with the contraction accelerating for many sectors from September to November — engineering goods that drove much of India’s record $422 billion goods exports in 2021-22, contracted 11.3% while textiles fell a …

Explained | Is the economy driving with the brakes on?
1 year, 11 months ago

Explained | Is the economy driving with the brakes on?

The Hindu  

The story so far: At this time last December, India’s economy was on the cusp of a fledgling recovery from the COVID-19 pandemic, though the Omicron variant posed fresh speed bumps for the rebound. As JP Morgan managing director and India chief economist Sajjid Chinoy explained at a CII economic policy summit last week, 2022 was expected to see a …

India’s G20 Presidency: The Roadmap Ahead - News18
2 years ago

India’s G20 Presidency: The Roadmap Ahead - News18

News 18  

India assuming G20 presidency on 1 December 2022 is set to deliver the shared objectives of this inter-governmental organisation, which incorporates around 80 percent of world GDP, 75 percent of world trade, and 60 percent of world population. Hence, India as G20 president needs to prioritise four key issues to steer the trajectory of inclusive global development in the days …

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18
2 years ago

Can India Capitalise on China’s Zero-Covid Failure And Become the Future Factory of the World? - News18

News 18  

Covid protests have gripped several cities of China, including Beijing and Shanghai, spilling over to Hong Kong with even Chinese embassies in global metropolises like London, Paris and Tokyo as well as universities in US and Europe. Can tensions surrounding China’s zero-Covid policy present an opportunity for India to rejig supply chain models? While the total global manufacturing value added …

Raghuram Rajan’s latest rant about how world can’t afford India becoming a manufacturing hub like China: Half-baked stats and political humbug
2 years, 2 months ago

Raghuram Rajan’s latest rant about how world can’t afford India becoming a manufacturing hub like China: Half-baked stats and political humbug

Op India  

India is blessed with lots of Nobel laureates, economic experts and academic geniuses that mostly reside abroad and that too mostly in the Anglo-Saxon world. Now RR has come out with yet another bizarre speech – this time he says “world cannot afford India to become another manufacturing powerhouse like China”. To pander to this lobby, and hope to use …

Time for India as a product nation
2 years, 2 months ago

Time for India as a product nation

Live Mint  

An enabling ecosystem builds its own momentum. The next step is to build our products and get into product ownership to usher in a new era of Make in India products that are 100% repairable and upgradable and support the vision of a robust growth nation catering and supporting a circular economy to the global market as well. Next, the …

India will come out of current global turmoil, move on path of sustained growth: FM
2 years, 2 months ago

India will come out of current global turmoil, move on path of sustained growth: FM

Deccan Chronicle  

WASHINGTON: Finance Minister Nirmala Sitharaman has exuded confidence that India will come out of the current global turmoil and move on the path of sustained recovery on the back of rapid digitisation and steps taken by the government. She said India has been able to set up a global benchmark in digitisation in areas of payment, healthcare, education and regulatory …

How to make in India–and protect economy from supply shocks
2 years, 3 months ago

How to make in India–and protect economy from supply shocks

Live Mint  

NEW DELHI : With the global decline in commodity prices in the last few weeks, domestic inflation rates have begun to ease as well. As the authors of a recent Reserve Bank of India paper note: “The covid-19 pandemic has delivered the biggest and broadest shock to global value chains in living memory, putting at risk trade in intermediate goods …

Re-engineering the development state
2 years, 4 months ago

Re-engineering the development state

The Hindu  

Since Independence, India’s economic growth has steadily accelerated, albeit from a low level, with moderating inflation rate. Breaking free from the colonial stagnation, domestic output grew annually at around three-and-a-half per cent during the first three decades — pejoratively called the “Hindu growth rate”. With a moderate balance-of-payment deficit and modest share of external debt to total debt, as ratios …

India Inc could play a lead role in our economy’s global emergence
2 years, 5 months ago

India Inc could play a lead role in our economy’s global emergence

Live Mint  

As India celebrates its 75th year of Independence with the Azadi ka Amrit Mahotsav, we stand at the cusp of a new emerging world order. As former PM Manmohan Singh had commented, “The brightest jewel in the British crown was the poorest country in the world in terms of per capita income at the beginning of the 20th century.” Post-independence, …

India must be the new champion of globalisation
2 years, 5 months ago

India must be the new champion of globalisation

Live Mint  

As countries chalk out paths of post- pandemic recovery, the complex task of opening up cross-border markets for the movement of people, goods, services and capital flows, and getting back to pre-pandemic levels of international trade, will play an important role in a broad economic revival to complement and reinforce domestic recoveries. As a large and fast-growing Asian economy with …

Budget 2022: Implement National Logistics Policy to ease supply chain bottlenecks
2 years, 11 months ago

Budget 2022: Implement National Logistics Policy to ease supply chain bottlenecks

Firstpost  

Union Budget 2022-23: With India aiming to be a $5 trillion economy, the logistics sector will be a crucial enabler in achieving this The buzz around the Union Budget 2022–2023 is getting strong now that the government is expected to sustain India’s economic growth amidst the prevailing third wave of the COVID-19 pandemic. India’s logistics sector faces a yawning competitiveness …

Mixed signals: The Hindu Editorial on the pandemic and protectionism
3 years ago

Mixed signals: The Hindu Editorial on the pandemic and protectionism

The Hindu  

At a time that India is looking to impress upon the world that it is strongly positioned as well as willing and able to become a more reliable supply chain partner for them than China has been proven in recent times, External Affairs Minister S. Jaishankar’s remarks on Tuesday about globalisation are worth taking note of. The pandemic experience creates …

Jaishankar bats for domestic production over unchecked globalisation
3 years ago

Jaishankar bats for domestic production over unchecked globalisation

The Hindu  

The COVID-19 pandemic has brought India’s capabilities and need for more domestic production rather than unchecked globalisation, External Affairs Minister S. Jaishankar said on Tuesday, speaking at a technology summit, where he said that to foster technology growth, the nation must seek more education, skills, start-ups, supply chains and jobs to be created internally. Domestic supply chain “The idea that …

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle
3 years, 2 months ago

TMS, Ep 10: Oil on the boil, superior voting rights, global travel hassle

Business Standard  

Oil prices have climbed steadily in the past few weeks, with Brent crude crossing the $80-a-barrel mark recently for the first time in three years. Research houses like Goldman Sachs expect the Brent to hit the $90-a-barrel mark by the end of this calendar year. Markets regulator SEBI has eased the rules for issuance of shares with superior voting power …

Explained: Why India's economy needs a manufacturing push
3 years, 3 months ago

Explained: Why India's economy needs a manufacturing push

India Today  

India’s economy needs a strong manufacturing push as the nation’s dominant services sector struggles to return to normalcy after two deadly waves of the Covid-19 pandemic. Read | Covid-19: India’s services activity in May contracts for 1st time in 8 months SLOW PROGRESS IN MANUFACTURING Even before the pandemic brought the economy to a standstill in 2020, growth in India’s …

India Needs To Be ‘Aatmanirbhar’ For Semiconductors — Taiwan Can Help
3 years, 4 months ago

India Needs To Be ‘Aatmanirbhar’ For Semiconductors — Taiwan Can Help

The Quint  

Over the course of the 20th century and well into the 21st, great powers of the world have used aid, trade and commerce, also known as the tools of economic statecraft, to maintain their footing on the global stage, and, in some cases, to even ascend to the status of a great power. As India aspires to become a $5-trillion …

Unpacking the resiliency of global trade, yet again
3 years, 4 months ago

Unpacking the resiliency of global trade, yet again

The Hindu  

In the last year, the devastating impact of COVID-19 pandemic has shrunk the world economy by 4.4% and global trade by 5.3%; job losses have been estimated to be to the tune of 75 million. The Second World War created sustaining multilateral institutions; besides the United Nations, the Bretton Woods Institutions such as World Bank and International Monetary Fund and …

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