CategoriesElectronics Focus AreasIndia’s growth in Electronic Manufacturing over the last few years has been remarkable. Since 2015, we have had a 15% annual growth in the Total Electronics and Electricals exports, with growth in Final Goods exports being a whopping 26%. However, in the global scenario, India is still behind by a huge margin. While China’s export […]
CategoriesFocus Areas TourismIn 2019 international visitor spending amounted to over USD 1.8 trillion (6.8% of world exports). But India was able to capture less than 1.5% of this market in terms of international tourist arrivals and tourist spending. While France, Spain, USA and China capture nearly 25% of this market. This clearly shows that despite India’s rich […]
CategoriesFocus Areas TextilesWhen we think of ‘manufacturing’, India doesn’t come to mind as a success story, and with good reason. India’s slice of the global manufacturing pie is a meagre ~2.5% (2019). The ~45% of the Indian workforce employed in agriculture contributes less than a fifth to India’s GVA, signalling a serious problem of low worker productivity. […]
CategoriesFocus Areas Food ProcessingBy unshackling food processing in India and realising its potential, we can create value for farmers, entrepreneurs and labour. India has traversed a long and hard journey from scarcity to surplus. Today, the world calls India a food powerhouse; our food production levels are among the highest in the world, ranking in the top three […]
CategoriesFocus AreasThe right reforms across a few clusters can help India capture $100 billion of incremental exports trade in textile and apparel over the next 5 years, creating more than 10 million jobs When India gained independence in 1947, the country had a flourishing textile industry. Over 400 textile mills employed more than 5 lakh workers. […]
CategoriesFocus AreasConstruction in India has the potential to create 1.5 crore productive jobs, and can by itself contribute 11.5% of the new jobs that need to be created by 2030. Currently, the Construction sector accounts for ~12% of the total workforce in India. India’s Unfulfilled Demand for Construction There is a strong unfulfilled demand for construction […]
CategoriesFocus AreasFor labour-intensive exports manufacturing, India’s large supply of labour is an advantage, not a constraint.
