India Business & Trade - January, 2020

COVER STORY

20/20 FORESIGHT

A holistic & visionary perspective of India’s progression in the last 20 years.

INDIAN DREAM NEED NOT BE A REPLICA

Vivek Suneja, Professor, Faculty of Management Studies, feels a nation’s development is more than just economic growth.

TIME TO GET BIGGER & BOLDER

India has grown its export share and achieved some degree of value addition. But it still has a lot of catching up to do.

MID-FLIGHT COURSE CORRECTION

While India awaits the return of animal spirits of its private sector, the wisdom from the past decade must not be forgotten.

FUELLING NEW GROWTH ENGINES

Services sector has contributed hugely to GDP and trade. But India should work towards a more diversified export basket.

KEEPING THE PROMISE INTACT

Stability in tax laws, transparent dispute settlement & improvement in contract enforcement will boost investments.

CITIUS, ALTIUS, FORTIUS

The startup ecosystem was undoubtedly the ‘X’ factor for India that was not anticipated at the turn of the century.

Interviews:

“Feedforward effects of a robust startup ecosystem are tremendous and far reaching”

Deep Kalra, Founder & Group CEO, MakeMyTrip, believes that startups have been successful in driving economies of scale.

“Why should there be Googles, when we celebrate Infosys?”

Prof. Anand Nandkumar, Research Director, Indian School of Business, lauds the innovation capabilities of Indian startups.

LIBERATING THE BIRD OF GOLD

India’s consumption story has been arguably the key highlight of its attractiveness post-2000. But it needs a shot in the arm.

INDIAN COMPANIES WILL CREATE THE POWER OF THEIR BRANDS

Dr. Amit Kapoor, Chair, Institute for Competitiveness opines that India will see the rise of more homegrown brands.

“Investors look for sustained ROCE”

Prof. D Tripati Rao, IIM Lucknow, believes that speed of execution & implementation of factor market reforms is crucial.

FOCUS SECTOR: MEDICAL DEVICES

MEDICAL DEVICES: FROM MISERY TO OPPORTUNITY

India needs to bridge the ecosystem gaps affecting its medical devices industry to counter its import dependence.

Interviews:

“We can repeat the success story of mobile phones”

Rajiv Nath, Founder and Forum Coordinator of AiMeD, stresses on the need to incentivise quality.

“India needs to build capability and capacity”

Gaurav Agarwal, MD, IITPL opines that Indian companies have a lot of ground to cover on R&D.

EXPORTER PROFILE

FROM BIKANER TO BAHRAIN, RISE OF A GLOBAL F&B BRAND

After winning mind share among domestic audiences, Bikaji is looking to tap the growing demand for cross-country products.

Interview:

“We are leaders in de-humidification”

Vijay Chaudhry, Exec VP, Intnl Business, Bry-Air (Asia), reveals how the company built a loyal global customer base.

FOOD TRENDS

FOOD COLOURING: APPEARANCE DOES INDEED MATTER

Stringent quality standards, reasonable pricing and constant innovation are key to success in this industry.

INDIANS SHOULD EMBRACE THEIR LOCAL CUISINES

Lifestyle coach Luke Coutinho feels that Indian food is scientific, varied, tasty and healthy at the same time.