INDIA HAS BEEN the world's fastest-growing major economy in the last two years, and the revolutionary growth is continuing. This is the best time for entrepreneurs to work on their dreams of building a brand and playing a part in the country's growth story. There is every reason to strongly believe that the coming years will be the best ones. The economic research department of the State Bank of India has stated that India would become the third-largest economy in 2029.
Brokerage Morgan Stanley expects robust domestic demand to keep the growth rate resilient, of course with the support of strong domestic fundamentals that reduce the economy's vulnerability to external headwinds. Their 2024 India Economic Outlook further states that macro stability is likely to remain within the comfort range.
The International Monetary Fund has forecast that India's real Gross Domestic Product will increase more than 6% in both the years 2023 and 2024. Keeping the projections and data aside, I feel it is an exciting time for India and for brands, in particular.
Increasingly companies are giving wings to their global aspirations and are going all out to achieve it. Indian companies are now more of global brands and that is great news for stakeholders.
'Make in India for India' is now becoming 'Make in India for the world'.
This will not only propel our country's growth but will also position us better on global platforms. Companies are also focussing on offering niche services to the global audience. This is one of the reasons for our increasing export market.
Growth potential in India’s dairy sector
Bu hikaye Business Today India dergisinin February 18, 2024 sayısından alınmıştır.
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Bu hikaye Business Today India dergisinin February 18, 2024 sayısından alınmıştır.
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A Man of Multitudes
IN A NEW BOOK, CAPTAINS OF INDIA INC. AND OTHERS PAY TRIBUTE TO RAHUL BAJAJ, THE TITAN OF INDIAN INDUSTRY
HOUSE OF THE RISING SUN
WITH THE GOVERNMENT OFFERING SUBSIDIES UNDER THE PM SURYA GHAR MUFT BIJLI YOJANA, MANY HOUSEHOLDS HAVE TAKEN A SHINE TO SOLAR ROOFTOP PANELS. BUT HOW MUCH DO THEY COST?
FROM GREY TO GREEN
WITH THE CLIMATE CRISIS BECOMING MORE ACUTE, GREEN HYDROGEN COULD BE AN IMPORTANT SOLUTION
ECO CHAMBER
DATA CENTRES ARE A VERY VITAL PART OF THE DIGITAL TRANSFORMATION THAT IS UNDERWAY, BUT THERE'S A PROBLEM: THEY CONSUME TOO MUCH ENERGY. AS DEMAND FOR SUCH CENTRES INCREASES IN INDIA, IT HAS NO OPTION BUT TO EMBRACE GREEN SOLUTIONS
THE GREEN BARRIER
THE EU'S CARBON BORDER ADJUSTMENT MECHANISM COULD MAKE INDIAN EXPORTS UNCOMPETITIVE, UNLESS EFFORTS TO REDUCE CARBON EMISSIONS ARE ACCELERATED
HUMANISING SUSTAINABILITY
THERE IS A NEED TO MOVE BEYOND INDIVIDUAL WELL-BEING AND FOSTER A SENSE OF INTERCONNECTEDNESS AND SOLIDARITY
DE-RISKING THE BOOKS
INDIAN BANKS ARE BEGINNING TO TAKE BABY STEPS TOWARDS ADDRESSING CLIMATE-RELATED FINANCIAL RISKS IN THEIR BOOKS. BUT THEY MUST PUT THEIR FOOT ON THE PEDAL AND ENHANCE PREPAREDNESS
PAYING FOR CHANGE
WITH EXTREME WEATHER INCREASINGLY PUTTING THE COUNTRY AND ITS ECONOMY AT RISK, INDIA SHOULD EXPLORE CLIMATE FINANCE PATHWAYS TO FUND ITS NET-ZERO JOURNEY TOWARDS A GREENER FUTURE
BEYOND THE BLIP
ESG HAS BEEN UNDER SCRUTINY GLOBALLY AMID ALLEGATIONS OF GREENWASHING AND RECORD REDEMPTIONS FROM ESG FUNDS. BUT THAT MAY JUST BE ONE SIDE OF THE STORY, SINCE SUSTAINABLE PRACTICES HAVE BECOME CORE COMPONENTS OF COMPANIES' STRATEGIES
PROFITING FROM ESG
INITIALLY DRIVEN BY REGULATORY COMPLIANCE REQUIREMENTS, BUSINESSES ARE INCREASINGLY VIEWING ESG AS A TOOL TO ENHANCE PROFITABILITY. BUT THERE IS STILL A LONG WAY TO GO