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International fast food joints expand in India

Various companies including international and domestic players are now making an entry into quick service restaurants – QSR – space. This has given rise to widening of the market due to increasing disposable income of the middle class, rapid urbanisation in the country and influence of western food among the young audience. As per Assocham … Continue reading International fast food joints expand in India

India’s bullet train vision

Railway Minister Sadananda Gowda, while presenting the railway budget last year, had opined that every Indian has a dream that the bullet train would be launched in the country at the earliest. Stating that the Indian Railways is on the right path to fulfill that dream, he proposed India’s first bullet train to run from … Continue reading India’s bullet train vision

Making Indian roads safer – The changes in the Automotive Safety sector

The automotive sector is looking to generate nearly USD 300 billion in terms of annual revenue by the year 2026, increasing its share to more than 12 per cent to the gross domestic product (GDP) of the country. Together with this, it would be able to create over 65 million jobs, as per the Automotive … Continue reading Making Indian roads safer – The changes in the Automotive Safety sector

Indo-German relationship ready to take the next leap

India’s most important partner in Europe, undoubtedly, is Germany. Given the trade of USD 17.9 billion in the last year focusing mostly on machine tools, chemicals, textiles, and electrical goods, Angela Merkel – German Chancellor’s – recent visit to India has only further cemented the bi-lateral ties between the two nations. Forming the India-Germany Climate … Continue reading Indo-German relationship ready to take the next leap

Digital India: Empowering India digitally

The Digital India program has been launched for creating transformation by empowering the society with knowledge and increasing the viability within the economy. The Government plans to spend close to USD 18 billion on program and aims to connect nearly 250,000 villages through Internet by the year 2019. It is also aimed at providing electronic … Continue reading Digital India: Empowering India digitally

Chugging along the growth path: Indian auto-component sector

As per the Automotive Mission Plan – AMP – 2026, the exports from India for components are expected to cross INR 4.6 lakh crore or USD 70.5 billion by the year 2026. The initiative ‘Make in India’ is going to play a pivotal role in achieving higher growth in the next 11 years as per … Continue reading Chugging along the growth path: Indian auto-component sector

Recent Government initiatives in Indian Railways: A snapshot

Under a single management, Indian railway network has been recognised as one of the largest systems in the world. The Indian Government is now focused towards making the network an investment-friendly sector through policy reforms. Recently, it has enabled foreign direct investment (FDI) in the sector for improving infrastructure for high-speed trains and freight trains. … Continue reading Recent Government initiatives in Indian Railways: A snapshot