With the official handover of G20 from Indonesia on 16th November, India is ready to take over the presidency of the intergovernmental forum and work upon current global issues like political tensions, economic crisis, and climate change starting from 1st December. Image Credit: pib.gov.in Amid a round of applause, Prime...
The advent of the COVID-19 pandemic and its continued presence urged countries to turn inward and primarily safeguard national interests and impose immediate export and import controls through non-tariff measures. Going forward, as economies recover, such international trade policy approaches needs to be deeply scrutinized and further streamlined. Non-tariff measures...
With a number of plant-based products becoming popular, veganism is spreading in India like wildfire. India can go a step further to leverage its agricultural resource base and vegetarian-friendly economy image to master the supply chain for packaged vegan food items. Veganism has of late been on the rise in...
Prof Manoj Pant and Samridhi Bimal argue that post-COVID economic recovery will be largely determined by a viable manufacturing sector which is in desperate need of technological advancements. If India is looking at becoming the next major supply chain hub and realising the Make in India vision, greater liberalization of...
Rajiv Nath, Founder and Forum Coordinator of AiMeD, opines that the government interventions helped the medical devices industry scale up production during the pandemic. During this period, domestic manufacturers were able to supply to the world in addition to meeting greater domestic demand, thereby demonstrating the potential of Indian medical...
Consumer behaviour and choices have evolved significantly during Covid-19. Some developments, such as an increase in the savings rate are a reversal of previous trends; while others, such as, digitalization of shopping and banking have witnessed an increased adoption. People across demographics are going digital, shopping more consciously and buying local...
Dr Rajeswari Sengupta, Assistant Professor at IGIDR, opines that trend of increased demand from international markets for merchandise goods will continue at least for one more year as a lot of demand for goods is driven by the shift to ‘work from home’ models which includes kind of commodities that...
Dr. Anupam Narula, Professor of Marketing, Amity University, asserts that the pandemic has come as a reality check for institutes reluctant to recognise and embrace the disruptive impact of digital technologies. He further discusses how universities and business schools can integrate online and in-person learning. IBT: The past year has...
Pushkar Mukewar, Co-founder and CEO at Drip Capital, comments that it is time to leverage the market of Iran for India’s tea exports, which is the largest importer of Indian tea. Venturing into the green tea market, staying abreast of the evolving packaging and consumption trends would provide Indian tea...
Navneet Sehgal, Additional Chief Secretary, Information, MSME, Export Promotion, Khadi & Village Industry, Govt of Uttar Pradesh, explains how the One District One Product (ODOP) scheme has boosted prospects for MSMEs of Uttar Pradesh, delivering results even in the difficult pandemic period. IBT: What is your opinion on the launch...
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