Perspectives

Nandu_Nandkishore_TPCI

Post-COVID lives & livelihoods: Food for thought for decision makers everywhere

In line with the principles of Triage in medical treatments, Prof Nandu Nandkishore, Indian School of Business, offers an actionable framework to enable governments to set their priorities right post-COVID..

Tea Plantation

Post-crisis rejuvenation for Indian tea

COVID-19 has made the going tougher for the tea industry. Players may find it prudent to join forces to boost brand equity & valuation of Indian tea.

Soyabean_TPCI_Final

Avenues for Indian agri-exports in post-pandemic US

With America's farm sector badly impacted by the pandemic, India can potentially boost agri-exports in sectors like dairy, meat, sugar, fruits & cereals.

Furniture

Designing Import Substitution Policy for Developing Furniture Cluster in India

India should promote setting up of clusters, boosting innovation and branding culture & placing import restrictions to boost the domestic furniture sector.

Black Pepper

Black gold conundrum: India’s rising pepper imports

India needs to enhance adoption of scientific methods for increasing piperine content, improve yield and control price fluctuations for the pepper crop.

Sunitha-Raju_TPCI

Electronics Manufacturing Policy: India Should Move Beyond Self-Reliance

Dr Sunitha Raju asserts that while India has the capability to integrate with global value chains in electronics, the focus should be on building a strong component ecosystem, incentivizing value addition over imports, developing indigenous standards and promoting SMEs.

Pharma Sector

Accelerating progress towards self-sufficiency in pharma

COVID-19 crisis has amplified is the need for self-sufficiency in API production, for which government and pharma industry must work in close coordination.

Information Technology

Making the most of a calamity: Case of the Indian IT industry

As it struggles with demand & supply side issues, India's IT sector must devise new operational & customer engagement models to navigate the COVID-19 crisis

Seema Gupta

“Zeal of e-commerce to empower kirana with technology is temporary”

IIM Bangalore’s Prof. Seema Gupta cautions that the enthusiasm of e-commerce firms to empower kiranas with technology is only a temporary one. From the perspective of e-commerce firms, partnerships should either increase their sales or reduce their operating costs. It is not clear as to how that will happen. Feel good factors like customer relationship & geographical proximity cannot drive hard business decisions and investments.

Vijay K.R

Good prospects for warehousing, data centres & reasonably priced office space

Vijay KR, Partner, Deloitte India, predicts that the new normal in commercial real estate could have limited and mature commercial real estate developers with deeper pockets and greater focus on safety, security, and transparency and occupier wellness.

Kirana Ecommerce

Digital makeover of kiranas: Just a tap away?

E-commerce companies and local kirana stores can derive synergies through win-win partnerships, especially as online spending accelerates post-lockdown.

Exports

Global Value Chains post-COVID: Paving the road to revival

The disruption of global value chains due to COVID-19 may significantly impact developing countries’ potential to industrialize in the years to come. The scenario calls for a coordinated policy action.

Kirana

“Kirana shops can be extended arms for e-commerce players”

Dr. Rajat Agrawal, IIT Roorkee, opines that India must facilitate co-existence of e-commerce and local kirana stores, as both have their unique advantages. The growing size of the Indian retail market will provide sufficient attraction for all types of players.

Post-lockdown Italy: Adjusting to a new normal

With other major supplying countries badly hit by COVID-19, India can play a major role as a trade partner to Italy, especially in the agriculture sector.

Net Banking

Covid-19: The fertile ground for the blossoming of neobanking in India

Neobanking offers accessibility, suitability and cost-effective customer-centric banking solutions, but it still faces regulatory and execution challenges.

Chintan Patel

“Office space absorption may decrease by 30-50% for 2021, with rents to see marginal decline”

Chintan Patel, Partner and Leader – Building, Construction & Real Estate, KPMG in India, contends that commercial realty/office space sector will witness short term disruptions, especially with social distancing and the rise of the work-from-home (WFH) phenomenon. He adds that it will be difficult to make reasonable projections for recovery before Q4, 2020 or till a vaccine is found.

Co-working Space

Empowering SMBs Post-COVID-19: A SMALL Framework

SMBs are expected to face several financial challenges post-COVID. The 'SMALL' framework will help them re-assess and improve their operational readiness.

Anshul Jain

“Commercial realty slowdown will not last long”

Anshul Jain, MD - India & S E Asia, Cushman & Wakefield assures there is no structural issue with commercial realty, despite the COVID-19 pandemic. It is actually a postponement of demand, rather than cancellation. He also points out to a major positive vis-à-vis the 2009 crisis - that the sector is sitting on far less vacancies at present.

Yoga

Post-Lockdown: An opportunity to regain Aatma nirbharta in Yoga

The COVID-19 lockdowns have boosted demand for yoga in the Indian market. Stakeholders can use this opportunity to help yoga regain lost ground in the domestic and export market. Detailed research is required to assess the potential, identify the barriers in yoga services and accessories’ exports, and to bring out a do-able action plan.

Turmeric

Why India’s turmeric industry needs a healing touch

India is witnessing a sharp surge in turmeric imports over the past few years. This must be mitigated through immediate interventions to align production standards with expectations of end-user industries.

Indira Devi

“Traceability systems and reduced food miles are key interventions post-COVID”

Raising awareness, use of technology and promoting local food culture can help address consumer concerns on COVID-19 contamination in the agri-value chain.

Farmers

“Better remuneration will encourage farmers to increase vegetable production”

Processing infrastructure for milk and vegetables can help farmers get more remunerative prices for their produce and minimise post-harvest losses.

Zero tariffs on electronic transmissions = Next wave of economic imperialism?

A continued moratorium on customs duties for electronic transmissions could lead to a highly lopsided trade growth favour of developed countries, especially with emerging technologies like 3D printing, AI and robotics. This is both undesirable and unsustainable, and needs to be debated more seriously at the WTO.

Services manufacturing

Servitization of manufacturing: A post-COVID eventuality

Servitization enables manufacturers to improve trustworthiness of products, help customers obtain superior value, and develop new revenue streams. Its relevance becomes even more relevant in the post-COVID era.

China vs World

China vs the world: Where should India stand?

As more countries rally against China on trade as well as its role in the COVID-19 pandemic, India must look to bolster its self-reliance and emerge as a viable alternative for manufacturing FDI. At the same time, it also needs to voice its support for friendly countries contesting China's aggressive territorial designs, especially in the South China sea.

Social Media

COVID-19: Assessing our enhanced digital footprint

COVID-19 has further enhanced the role of digital technology in our personal and professional lives, raising new concerns on data protection & security.

PPE Kits

Product Profile – PPE Kit (Personal Protective Equipment)

India has ramped up its PPE supplies in a fairly short span of time, and has an unprecedented opportunity to cater to the imminent global demand surge.

Dr. Nilanjan Banik

Land, labour & contract reforms are key to India’s FDI attractiveness

If India ensures desired reforms in land, labour and contract enforcement, quite a few industries like electronics could emerge as viable avenues for FDI. 

“States must identify & communicate with specific large firms to boost FDI”

India should ensure strategic use of FDI, build on its advantages, focus on training & education and move up the value chain to become a manufacturing hub..

Graciela Chichilnisky

“Business relocation will be easier post-COVID-19”

Technology and climate change will be key considerations for businesses planning relocation amidst the present COVID-19 led disruption of global supply chains. She further adds that protectionism could be replaced by pro-immigration policies soon in the case of developed countries, since they are facing an immediate risk in terms of declining populations.

Gregory Shaffer

“Governments need to incentivize supply chain diversification”

While COVID-19 has brought the importance of supply chain diversification to the fore, companies may be compelled to choose efficiency due to competitive pressure and stakeholder demands. This may necessitate government intervention.

Rashmi Banga

Moratorium on duties for electronic transmissions at the WTO is untenable

Developing countries should be able to levy tariffs on electronic transmissions as they deem appropriate. Moreover, with the ambiguous nature of electronic transmissions, and the overwhelming dominance of a few countries in their exports, developing nations should not agree to extend the moratorium on their customs duties. 

Santosh Kumar Sarangi

Blockchain, AI, IoT: How India can help farmers by leveraging these technologies

India presently has tremendous opportunity to revive its farm sector with technologies like AI, blockchain & IoT. Companies have begun to use ETs in agriculture, directed towards three broad interventions - crop & soil monitoring, predictive agricultural analytics and supply chain management.

Nandu_Nandkishore_TPCI

“A startup based only on cool technology will fail”

Investors are probably not going to be as bullish about evaluations for startups, as they would have been 2-3 years ago. Business case from startup founders has to be much sharper with comprehensive scenario planning.

Sudipta Ghosh

The future is digital: AI and ML in a post COVID-19 world

Sudipta Ghosh, PwC India, feels that post-COVID, AI-enabled deployment of automation technology to reduce worker density without impacting output will rise.

Sunitha-Raju_TPCI

Manufacturing ecosystem in India: Lessons from China

Dr Sunitha Raju, IIFT feels that India must prioritize manufacturing sectors with high technology spill overs & support productivity enhancement and R&D .

Bhaskar Bhowmick

Startups post-COVID: If you are alive, you are in profits

Dr Bhaskar Bhowmick, IIT Kharagpur, suggests a strategic roadmap for startups to deliver a solid comeback story, when the COVID-19 pandemic subsides.

“COVID-19 may set back automotive technology by 2-4 quarters”

Rajeev Singh, National Leader & Partner –Automotive, Deloitte India, opines that COVID-19 may compel the industry to starve R&D investments to survive.

Narendra Kr Sharma

“Marketing budgets can be supported through pooling policies”

Dr N K Sharma suggests that companies manage their marketing budgets through consortia and pass on cost benefits to the consumer during the pandemic phase.

Agriculture mechanization

Agriculture post-COVID: An opportunity for evolution

Besides tackling short-term disruptions, Indian agriculture can leverage the pandemic to emerge more holistically resilient through targeted interventions.

WTO

India at WTO: Valuing sustainability over niche trade

India has taken a logical stance at WTO on protecting developing nations & LDCs from deep tariff cuts during the COVID-19 pandemic.

COVID-19 Economics: Tough choices, valuable lessons

COVID-19 is compelling unpleasant choices, while reminding us that it may not be too late to retrieve the planet from our growth obsession in economics.

Digital payments

Covid-19 Banking: Low on contact, high on intensity

With the government supporting credit to businesses under Aatma Nirbhar Bharat, banks have a key role to play in reviving private sector growth.

Marketing post-COVID: Be mindfully digital & practise cautious hibernation

Dr Sreelata Jonnalagedda, IIM Bangalore, feels that limited and quality marketing communication may be a better approach in the present COVID-19 pandemic.

“India must incentivise services that support manufacturing”

With rising servicification of manufacturing, Dr Arpita Mukherjee, ICRIER, asserts that supporting allied services sectors will make India more competitive.

India is set for market-seeking and resource-seeking FDI

Prof Pravakar Sahoo feels that India needs reforms in infrastructure, trade facilitation, IPR, land & labour to replace China as the global FDI destination.

Startup losses

Startups post COVID-19: Plans perish, DNA thrives

COVID-19 has impacted strategic outlook and investor sentiment for startups. They must tap their entrepreneurial instincts & spot emerging opportunities.

“No correlation between export-oriented & employment-oriented production”

Prof. Manoj Pant, Director, IIFT, opines that India needs to fast track FDI and identify its sectoral priorities to become a global production hub.

Pankaj Dayama

“Blockchain will improve supply chain visibility & diversification”

Pankaj S Dayama, Master Inventor, IBM, explains how blockchain can help Indian SMEs become competitive wrt low cost suppliers in regions like China.

Sourav Borah

COVID-19: Cutting down on your marketing budgets can be lethal

Prof Sourav Borah, IIM Ahmedabad, believes companies must be action-oriented towards marketing mix and customer engagement challenges post-COVID.

Zomato contactless delivery

Marketing post COVID-19: Have you developed your recovery strategy yet?

Prof Anuj Kapoor, IIM Ahmedabad, opines that companies need to plan a way to market themselves through the COVID-19 pandemic and recovery period.

Startups

“Startups should pitch on their ability to repurpose quickly”

Dr Rajat Agrawal, IIT Roorkee, is confident that Indian startups will benefit from local demand & high quality skillsets post-COVID, and need to capitalise.

Crisis is an opportunity for brands to differentiate

Prof. Anand Jaiswal, IIM Ahmedabad, feels that brands should prioritise responsible behaviour & social concerns during the COVID-19 period.

Production hub

India’s path to become a global manufacturing hub

India can gain tremendous ground from the global obsession to diversify from China, provided it makes timely adjustments in its manufacturing ecosystem.

Automobile Industry

Automotive industry post-COVID: How to keep the engine humming

COVID-19 is a case of pure bad timing for India's automotive industry. But appropriate adjustments on the demand and supply side can reinvigorate growth.

Indian Currency

Banking sector: Tiding over the pandemic pandemonium

Prof D N Panigrahi, Goa Institute of Management, feels that banks must take carefully calibrated risks for sustained credit flow to the corporate sector.

US Economy

US economy: Does COVID-19 signal the end of Pax Americana?

Besides being the world's largest economy, US is also the worst hit by the COVID-19 pandemic. Will this crisis accelerate the end of US' global dominance?

Nirmala Sitharaman

Aatma Nirbhar Bharat: Roadmap for self-reliant MSMEs

Redefinition of MSMEs & liquidity boosting measures will aid in their revival. Considering NPA fears, the government may look at a fiscal bailout package.

Blockchain

Blockchain: The supply chain prototype of tomorrow

Blockchain can be a vital tool to facilitate participation of Indian MSMEs in global trade and commerce, while minimising inherent inefficiencies and risks.

Arindam Bandyopadhyay

“Banks must inculcate sustainability & contingency planning”

Dr Arindam Bandopadhyay, NIBM, advises banks to ensure efficient allocation of capital & understand its linkage with business planning to sustain.

Covid19

Marketing post-COVID-19: Return of ‘black & white’ purchasing

Dr P. Venugopal, XLRI predicts lesser shades of grey in consumer spending post-COVID-19. This would imply prioritising basic needs over social orientation.

Indian pharma sector

Pharma sector: Thrust towards self-sufficiency

Sanjay Singh, Partner, Deal Advisory, KPMG India, insists that India must improve self-sufficiency & boost pharma manufacturing for global leadership.

Seema Gupta

E-commerce: India may see something similar to Alibaba’s rise post-SARS

Prof Seema Gupta, IIM Bangalore, emphasizes that e-commerce may be the only option in the foreseeable future for retail, and companies must be prepared.

Pankaj K Agarwal

“Banks with sizeable digital presence will be more valuable”

Dr Pankaj K Agarwal from Institute of Management Studies cautions that banks must be wary of frauds as they ramp up digital presence post-COVID-19.

Fisheries Subsidies

Fisheries subsidies: New zones of contention

A complete curb on fisheries subsidies may be daunting, but some cuts are definitely required to squeeze the overutilization of the marine resources.

RCEP

India & RCEP: New equations after COVID-19?

As India gains attractiveness for manufacturing post-COVID-19, RCEP nations are asking it to reconsider membership. Should India alter its position?

“COVID-19 may change choice & mode of delivery for banks”

Dr Vikas Srivastava, IIM Lucknow, opines that banks must prepare for new opportunities post-COVID-19, accompanied by behavioural changes in customers.

O2O and D2C may become preferred channels for retail

Rajat Wahi, Partner, Deloitte India, feels that omnichannel retail will be a reality post-lockdown, but marketers will need to be mindful of delivery costs.

Arindam Banerjee

Covid-19: Rejig product offerings for the “Brave New World”

Prof Arindam Banerjee advises firms to rejig product offerings for a transformed market post-COVID-19, that has at least somewhat moved back to basics.

Social Distancing

COVID-19: Socially distant workplace, enabled by technology

The private sector is coming up with innovative solutions that enable companies to restart work while maintaining employee safety in the COVID-19 era.

e-commerce

Adapting Marketing to the Changing Times

Prof Akshaya Vijaylakshmi, IIM Ahmedabad, explains why marketing must reorient towards winning consumer confidence & the 'prevention of losses' mindset.

Abhay_Singhal_tpci

Covid-19: Business leaders should show knowledge & empathy

Abhay Singhal, Founder, InMobi admits that Covid-19 taught him to expect the unexpected. He feels that companies must practice resilience in this period.

Venkatesh Shankar

Indian consumer brands have a golden opportunity

Dr Venkatesh Shankar, Mays Business School, asserts that brands should directly connect & engage with customers to create value in the COVID-19 crisis.

Nandu_Nandkishore_TPCI

Time for market leaders to build a legacy

Nandu Nandkishore, Professor, Indian School of Business, opines that companies must work towards the broader issues in the market and offer solutions.

Mr. S. Venkatachalam

“India has made inspiring progress in wind energy”

S. Venkatachalam, MD & CEO, Orient Green Power Ltd, believes that India has the capabilities to be the manufacturing hub for the global wind energy sector.

AI_TPCI

AI post-Covid-19: Have the goalposts shifted?

Already recognised as a game changer across global economies, AI has acquired a new significance across sectors in the times of the Covid-19 pandemic.

Ajay_Bakaya_TPCI

“Mid-market hotels will be better placed to reap recovery benefits”

Ajay Bakaya, MD, Sarovar Hotels & Resorts, admits that recovery for hospitality may be gradual, and hotels may need to explore new segments like pharma.

Hospitality

Hospitality in inhospitable terrain

Hospiitality is among the worst affected by the lockdown, but players can use this period to explore new levels of customer engagement and up their game.

Electricity tower

Era of uncertainty powered by Covid-19

The lockdown has led to a major drop in India's power consumption. As industrial demand will take time to revive, the sector would need sustained support.

Trade Goods

Silver lining for trade post-Covid-19

Amidst the rising threat of protectionism, global trade may also see a welcome transformation in value chains, e-commerce and digital facilitation.

Rupee

Rupee decline vs dollar: Should India be worried?

Capital outflows due to the Covid-19 pandemic have exerted pressure on the rupee, but India is relatively better prepared due to its strong forex position.

“Urbanization is integral to develop rural areas”

Prof Brajesh Jha, IEG, feels that growth of essential & need-based rural infrastructure and region-specific clusters can help boost rural development.

“Robots may be helpful to industry, only if used selectively”

Prof Anupam Basu, Director, NIT Durgapur, feels that robots can play a major role post-Covid-19, especially in mundane tasks and precarious environments.

“AI-driven changes will transform our work, workforce & workplace”

Rakesh Barik, Leader, Technology Consulting, Deloitte India, feels that post-COVID-19, AI and ML will become integral to overall business strategy.

Aviation-Manufacturing_TPCI

Aviation post-Covid-19: Wright brothers redux?

Aviation is not new to crisis, but Covid-19 presents an unprecedented challenge and disruptive opportunity for companies to rework on their flight manuals.

Gems & jewellery: Bracing for a new terrain

The COVID-19 pandemic has dampened demand in domestic and international markets, but Indian gems and jewellery players are positive of a swift revival.

Africa

Africa: Food immunity in the shadow of Covid-19

Africa must relax its import restrictions to allow countries like India to boost supply of food items amidst threats of a looming food security crisis.

Digital Healthcare

Digital technology: Key to a healthcare revolution

Investments in digital healthcare will help India stretch the capacity of its medical infrastructure and also explore a lucrative global market.

Oil

When oil becomes a buyer’s market

India may not gain much from low oil prices due to lower strategic oil reserves. But low prices will help improve current balance and soothe inflation.

AI

“Post-Covid-19, AI will promote 24×7 operations in factories”

Dr Sriparna Saha, IIT Patna, feels that rise of AI in a post-Covid world, can move humans out of monotonous jobs, but they need to learn to handle robots.

Migration

“Migration is not a very effective solution to alleviate poverty”

Prof CSC Sekhar, Institute for Economic Growth, supports a holistic approach to rural development over migration, by integrating farm & non-farm activities.

Rural-India_TPCI

“Rural industrialisation should complement agriculture”

Prof Arindam Banerjee suggests that food processing industries be developed under a cooperative model so that surpluses are invested back in rural areas.

Electric Vehicles

India Inc vs COVID-19: Local supply chains needs to be kept strong

Swapnil Jain, Co-founder & CTO, Ather Energy feels that in the currently uncertain geopolitical situation, relying on international sourcing can be risky.

Remote work

“Many IT service providers manage 85-90% staff work remotely”

D D Mishra, Sr Director Analyst, Gartner, opines that remote work can be a great motivator with the right tools, process, culture, metrics and mindset.

Lockdown_TPCI

Exiting the lockdown: Journey from life to livelihood

As the country looks forward to partial opening of the lockdown post-April 20, establishments & employees would need to adjust to a 'new normal' of working

SEZ_TPCI

SEZs in India: Need for policy review

Share of SEZs in India’s exports has increased by around 4 percentage points in a decade. This high degree of underutilisation must be addressed.

Textile_industry_tpci

Tangled web: The impact of coronavirus on Indian textile industry

The lockdown has killed business and return to normalcy spells new challenges for the textile sector. But India mustn't lose sight of the larger picture.

Remote Economy: Is it the next disruptive business innovation?

While India Inc tests the viability of remote economy in fire-fighting mode amid the Covid-19 lockdown, it is worth analysing if the trend is here to stay.

Furniture_TPCI

Furniture industry: A sunshine sector for India

India's furniture exports can benefit immensely from initiatives like cluster-based development, technical know-how, access to capital and value addition.

Remote_working_TPCI

Remote working: A double-edged sword!

Organisations need to carefully calibrate their approach to a 'remote working' strategy. If implemented properly it can be a win-win for all.

“Global rice prices could move upwards in coming months”

Nathi Ram Gupta, Chairman, AIREA, feels that rise in border closures, quarantines and market & trade disruptions could impact the global rice trade.

“Rural India has remained a provider of raw materials so far”

Dr. Ramappa K B, Institute for Social and Economic Change, feels that value addition must be shifted to rural India for holistic benefits to the economy.

“Appropriate decisions could lead to bi-directional rural-urban migration”

Prof Nilabja Ghosh stresses on investment in human development based on technology, geographical advantages & global market demand to boost rural economy.

“World trade will take some time to return to positive rates of growth”

Prof Amita Batra feels that the Covid-19 situation is truly unprecedented and will compel a rethink on the economic and trade roadmap across the world.

“Fixing the farm supply chain will reduce price spikes and crop wastage”

Jeevant Rampal, Asst. Professor, IIM Ahmedabad, supports measures to promote crop diversification and better alignment of farm produce with urban demand.

“India must strengthen technology-enabled farm value chains”

Kushankur Dey, Assistant Professor, IIM Lucknow, believes that technology infusion and integration with non-farm enterprises will boost rural farm GVA.

Back to basics: Compelling case for a rural economy

Strengthening rural economy would require a simultaneous focus on building industrial infrastructure and ensuring large scale human resource development.

“Manufacturing will play major role in the rural economy”

Dr Pramod Kumar Joshi, National Academy of Agricultural Sciences, feels that agriculture-driven industrialisation will be key to boosting rural incomes.

WTO’s peace clause: Key weapon for India’s rice trade

India can invoke the peace clause under WTO to enhance support to its farmers. This will also help boost its rice exports and address global shortages.

Lessons from Chanakya Niti To Fight Covid-19

India's efforts to control the Covid-19 pandemic and proactively support nations in need of supplies are in the spirit of Chanakya's timeless principles.

Protecting MSMEs from the Covid-19 catastrophe

Measures are necessary to provide security to owners and workers of MSMEs, while planning a phased return to business that doesn't compromise on health.

“India is well poised to lead the curve on shared economy!”

Prof. D. Tripati Rao, IIM Lucknow feels that India can harness demography, growing market & sizeable middle class to leverage the shared economy.

Will Covid-19 also quarantine global trade?

Covid-19 will severely depress the global trade scenario in the coming year due to severe supply disruptions, reduced demand and constrained mobility

Covid-19: Not your usual financial calamity

A pandemic crisis like Covid-19 presents more perplexing economic challenges compared to financial crises, where the approach and solution are familiar.

Sustainable development: Making ‘green industry’ a living reality

Private firms are already contributing to India’s Sustainable Development Goals; but they need to scale up and make it part of ongoing business practice.

“Covid-19 lockdown will have limited impact on exports”

Prof. Manoj Pant, Director, IIFT, opines that lockdown impact will be limited, but recessionary issues preceding Covid-19 will continue to affect exports.

“Focus on sustainability, digital technology & domestic manufacturing”

Ujjwal Batria, COO, Dalmia Cement (Bharat) Limited, asserts that the Covid-19 pandemic will accelerate pace of digital adoption among Indian firms.

“Global audience is very receptive to Ayurveda as a concept”

Rasmika Bhatia, Director, Preserva Wellness, opines that stricter regulation and better understanding of its science will help promote Ayrurveda globally.

“Covid-19 crisis is a great opportunity to revive multilateral trade framework”

Prof. Pravakar Sahoo, Institute of Economic Growth, feels that given the gravity of the Covid-19 crisis, the world can least afford protectionist policies.

“Contingency planning should become a necessary business practice”

Anindya Dutta, MD & Co-Founder, Stanza Living, stresses on dedication to risk planning and management on an ongoing basis in a Covid-19 kind of situation.

Covid-19 crisis: Is it time to rethink long-term national economic strategy?

Covid-19 crisis is an opportunity for India to relook at its economic vision & citizens to question the impact of their choices on the economy & the planet.

Doctor or Economist? The unfathomable Covid-19 dilemma

While economic damage due to the lockdown is imminent, it is necessary considering India's current unpreparedness for critical Covid-19 cases.

Covid-19: Policy Soft-landing of Corporate Debt Explosion

To protect damage to livelihoods in the wake of the global Covid-19 pandemic, containment of spiralling corporate debt should be on policy priority list. 

Product Profile: Hand Sanitizers

With Covid-19 cases surging, demand for sanitisers has risen rapidly. Indian companies can use this opportunity to boost production & exports.

Is Covid-19 an opportunity in adversity for the Indian economy?

While India's economy will take a beating, it may be better placed to handle Covid-19 compared to the developed countries and China.

Ayurveda in modern times: Back with a bang?

The science of Ayurveda has gained increasing popularity among Indians, but it must evolve to gain further credibility & traction across markets.

“India must start mass testing for Covid-19 with greater speed”

Dr. Parthajit Kayal feels that rapid action on Covid-19 testing & building a large network of labs & quarantine facilities across India are necessary.

“India should be able to absorb the Covid-19 shock within a year”

Dr. Arup Mitra, South Asian University, believes that being a mature economy, India may not face a deletirious effect of Covid-19 in the medium term.

“South Korea & Taiwan have learnt their lessons and tackled Covid-19 well”

Dr. Gangadharan S, Madras School of Economics, feels effective coordination and use of IT can help prevent the spread of the Covid-19 epidemic.

“Loss in GVA would be around 2% of GDP due to the Covid-19 lockdown”

Prof. Manoj Panda, RBI Chair Professor, Institute of Economic Growth argues why the current estimates about the GDP impact of Covid-19 are an overestimation

“We must avoid the overreaction during the 2008 economic crisis”

Prof Ashima Goyal, IGIDR, supports temporary Covid-19 economic relief measures to protect viable firms, while ensuring minimal moral hazard.

Economic Implications of lockdown in India in the Wake of Covid-19

Covid-19 led lockdown will seriously impact livelihoods of the poor, making it critical to keep supply chains for essential commodities running.

Technical Textiles: Weaving a new landscape

India holds promise in technical textiles, but it needs to promote high end manufacturing, standardisation and innovation to compete in the global market.

“Businesses could take a year to recover from losses due to COVID-19”

Dr Arpita Mukherjee, Professor, ICRIER, speaks on the economic impact of COVID-19, & how the health infrastructure should be primed for such events.

Helping aviation tide through the ‘Corona’ pocket

Exemption of ATF taxes & facilitating cargo-only flights could save aviation from Covid-19, and also keep supply lines open in this crucial period.

Covid 19: Three strikes for global economy

The novel-coronavirus is casting an unprecedented shadow of uncertainty across sectors and markets, leading to fears of a global economic recession.

Food safety in India: The inside out approach

After playing a key role in reducing export rejections, FSSAI's focus will now be on mapping domestic food classification with HS Codes.

Solar rooftops: Crossing over to the brighter side

India should create a conducive ecosystem for solar rooftops by  easing processes, favouring quality products, financial support, & educating consumers.

“India should launch its own innovations for cost effectiveness in solar energy”

Gaurav Aggarwal, Vice Chairman, Sainik Industries feels Indian innovation can achieve cost effectiveness in solar energy, just like space aeronautics.

“Coronavirus gives India an opportunity to be solar rooftop manufacturing hub”

Amit Kumar, Senior Director, TERI, stresses on the need for active public engagement & sensitization to promote solar rooftops in India.

Artificial intelligence for real education

Artificial intelligence can prove to be a game changer for the education system, provided India works at an accelerated pace for its adoption.

Coronavirus & trade: Domino effect of black swan events?

The heightened global uncertainty due to the novel coronavirus could affect India's foreign trade to a much higher degree than current projections indicate.

“AYUSH Ministry made it mandatory for the medicines to have a GMP”

Dr. Sachith Shetty, CMO, Ayush - South Delhi Municipal Corporation, elaborates how India is working to ensure wider global acceptance of Ayurveda.

Country Profile – Indonesia

Even as India has walked out of RCEP, planned CECA negotiations with Indonesia could help address untapped opportunities in bilateral trade.

Oil prices: The Kingdom pushes for market dominance

Besides grabbing market share, Saudi Arabia's reduction of oil prices is a litmus test for its economy, as it moves towards lower oil dependence.

“Indian SMEs are mature enough for organic growth in Europe”

Ms. Aparajita Sen, Inward Investment Manager, AD Normandie, discusses various lucrative opportunities for Indian businesses in Normandy, France.

“US tech industry is advocating for HIB Visa flexibility”

Partha Iyengar, Country Manager Research (India), Gartner, elaborates why India will remain a preferred choice for the global IT industry.

Co-living: Ray of hope in the urban sprawl

Co-living spaces provide a viable solution to the menace of space scarcity in India's urban centres, while proving lucrative avenues to property owners.

FDI in India: Below the tip of the iceberg

India's FDI surge has boosted exports, but a concerted effort is necessary to ensure that investment benefits more sectors and states of the economy.

Digital lending: Shot in the arm for MSMEs?

Digital lending can play a pivotal role for Indian SMEs, but players must ensure a robust data security, risk identification & mitigation framework.

Product Profile: Helicopters

India's aggressive efforts to boost indigenisation in the defence sector are expected to propel exports of helicopters from the country.

“Slowdown will accelerate the rise of sharing economy”

New York University Prof. Arun Sundararajan talks to TPCI about the drivers of sharing economy in India and how the slowdown can be an opportunity.

Brexit: A Pandora’s Box for the Indian IT sector?

Brexit provides greater growth avenues for the Indian IT sector, but the transition period also promises a number of challenges.

Currency Depreciation: No one size fits all

Econometric analysis shows a more positive correlation between currency depreciation & balance of trade for developed nations vis-a-vis developing ones.

“Automation has added more jobs for the Indian IT-BPM sector”

Keshav Murugesh, Group CEO, WNS & Chairman, NASSCOM, discusses how India's IT-BPM industry is tackling growth challenges & fast changing technology trends.

In service of food security

Supporting a dynamic and competitive services sector can contribute greatly to the overall health of the agriculture sector and boost food security.

“AR is creating awareness in distant areas”

Dr. Niranjan Naik, Director of Breast & Gastro-Intestinal Onco-Surgery at Fortis Memorial Research Institute (FMRI), Gurgaon, tells TPCI about various AR applications like AccuVein, Hololens & Google Glass which are proving to be quite beneficial for the health sector.

US-India: An improperly ‘developed’ judgement

An arbitrary & poorly thought out mechanism by US to declare India a developed nation is not a healthy sign for the weakening multilateral framework.

Sizing up the next wave of conglomerates

Emerging market conglomerates must strengthen themselves amidst rising competition, technology disruption & a growing clamour against their very existence.

“At this stage, India is not ready for a trade deal with US”

Dr Arpita Mukherjee, Professor, ICRIER, speaks on the fallout of the US according developed country status to India and the prospects of the trade deal.

Coronavirus & face masks: Learning the right lessons

The surge in demand of face masks due to the coronavirus scare exposes a dire shortage of supply, which should be a wake up call to the Indian industry.

INDIAN PHARMA INDUSTRY

API dependence: Indian pharma’s health hazard

The Indian pharma industry needs to be encouraged to scale up production of active pharmaceutical ingredients (APIs) and reduce import dependence.

Sakthivel Selvaraj

“If the Coronavirus situation prolongs, API supplies will begin drying up”

Dr. Sakthivel Selvaraj feels that India should enhance the capacity of its public sector to reduce its dependence on imported APIs.

Coronavirus & food trade: Will an Indian recipe do the trick?

Can India's food sector step up to address supply disruptions due to the coronavirus epidemic in China? TPCI's research team presents a holistic analysis.

Digital tax: Plugging the loopholes

India needs to look beyond the concept of PE, redefine the principle of profit attribution & push for multilateral action in its digital tax laws.

WTO Ministerial 2020: Just another lost battle?

With battle lines deepening between developed and developing nations on a range of issues, can MC12 overcome past failures and lend direction to the WTO?

Product Profile – Ceramic Tiles

The ceramic tiles industry looks promising in India, with a resurgent domestic market and yet untapped potential in developed countries.

“If we can’t make AR-based applications interesting, people won’t be inclined to use it”

Dr. Debi Prosad Dogra, Assistant Professor, IIT Bhubhaneshwar, talks to TPCI about the applications of augmented reality in Indian healthcare sector.

“Trade shows help exporters capture market demand and standards”

Dr Pralok Gupta, Associate Professor, Centre for WTO Studies, IIFT, discusses ways to improve India’s farm exports in this interaction with TPCI.

Heritage Tourism: Recapturing a missed opportunity

India must examine why it still lags in tourism revenue despite a rich repertoire of heritage sites and greater cost competitiveness compared to peers.

Novel Coronavirus: Deciphering a global epidemic

The extent of impact of the novel coronavirus is hard to decipher, so both policy makers and industry must ensure they have contingency measures in place.

Auto Expo: Will the ‘electric vehicle undercurrent’ go mainstream?

The government should leverage India's advantages and encourage more companies to undertake and expand their R&D operations for electric vehicles in India.

Budget 2020: Pushing the growth levers

Budget 2020 rightly focuses on accelerating momentum in the key pillars of the economy including farmers, MSMEs, manufacturing and infrastructure.

Idiot box eclipsed by smart screens?

TV sales fell for the first time in 2019, which necessitates measures to revive demand growth and counter the rising preference towards smartphones and OTT.

“We can offer self-compliance as an economic rationale for food businesses”

Rita Teaotia, Chairperson, FSSAI, talks to TPCI about how the body is handling the complex challenge of ensuring food safety in India.

Global trade for the new decade

It is important to strengthen the architecture of the rules-based global trading system so that it can serve the world for many years to come.

Lithium Batery

Product Profile: Lithium Ion Batteries

Pollution concerns, EV adoption, rising income-levels and demand for quality & uninterrupted power are catalysing growth of Lithium ion batteries in India.

Budget 2020: Fiscal Deficit is No. 2, Growth Revival is No. 1

The number one challenge in the Budget is to attain a higher & sustained growth, more so when the cyclical downturn is showing structural symptoms.

Indian PSEs: Temples of the Digital Age

PSEs should strive for global competitiveness in their strategic outlook and ensure digital transformation to stay relevant in the present milieu.

Country Profile – Australia

India could adopt a BOT approach in its negotiations with Australia, which will help boost competitiveness in dairy, wine, meat and processed agro sectors,

Trade agreements and India: Way Forward

Past experience reveals that India's relative gain in manufactured product exports is less than the partner country for trade agreements.

Marine exports will likely remain flat over the coming two years

Pushkar Mukhewar opines that India must work on negotiating easier import restrictions, standards and product diversification to improve marine exports.

Healthy route to sustainable rice trade

Adopting a holistically GI-friendly ecosystem should be a key priority of policy makers, especially in rice exporting economies.

F&B exports: Meeting global expectations

Indian F&B exporters must ensure good agricultural and labelling practices and proper branding to mainstream their products in target markets.

“We need to build capability and capacity in domestic production”

Gaurav Agarwal, MD, IITPL feels that instead of attracting foreign players, government must facilitate domestic production of medical devices.

Product Profile: Ice Cream

India's ice cream market is projected to witness a CAGR of 18% by 2023, with rising disposable incomes, changing lifestyle & entry of international players.

India’s merchandise exports: Time to get bigger and bolder

India has immense potential to diversify exports by concentrating on value addition in sectors closely related to its current capabilities.

Bound by a strong historical connect

India should enhance exports of commodities like medicaments, rice, insecticides, vehicles, footwear & nuts to address its trade deficit with Belarus.

Beyond Prime Time: Era of digital enthusiasts

As consumption patterns shift to OTT, traditional media companies will need to build marketing muscle around customer acquisition, engagement & retention.

Global trade in 2020: Continued headwinds, new momentum

Global trade is expected to face strong headwinds in 2020, but new technologies could lessen costs & enable more efficient flows of goods & services.

Keeping India’s promise intact

Stability in tax laws, transparent dispute settlement & improvement in contract enforcement will boost India’s attractiveness for FDI.

Product Profile: Ginger

Higher returns are prompting farmers to substitute maize, cotton and tobacco with ginger. But the focus should also be on competing in the export market.

Basmati Rice & Pesticides: Where does the fault lie?

Focus should be enlarged to include the ‘judicious use of pesticide and fertiliser’ in order to reverse the decline in Basmati Rice exports from India.

Country Profile: Japan

Japan's interest in India is high due to its huge market and human resources, making the latter a highly preferred destination for manufacturing.

WTO Appellate Body: From Birth to Death to What’s next?

Since the WTO Appellate Body is rendered dysfunctional, it will be hard for smaller countries to hold larger countries accountable to trade obligations.

Higher Education: Reviving a forgotten legacy

India must improve the quality of higher education, boost infrastructure, improve the R&D ecosystem and promote its brand to make Study in India a success.

Indian medical devices companies need a level playing field

Rajiv Nath, Founder & Forum Coordinator, AiMeD, feels there is a need to conserve medical devices sector with a predictive nominal tariff protection policy.

Feedforward effects of a robust startup ecosystem are tremendous

Deep Kalra, Founder & Group CEO, MakeMyTrip, feels that Indian startups have driven economies of scale, standardisation & bottomline growth.

Medical devices: Riding the wave of change

Reducing import dependency and becoming competent enough to manufacture equipment indigenously will be instrumental in boosting India's medical devices sector.

Breaking the complex juggernaut of the cashew sector

Harnessing the difference in harvest seasons for India and Africa can address concerns of both cashew processors and growers in India.

India’s economy requires more ‘hands-on’ startups

Dr Vivek Suneja, Professor at FMS feels that it is critical for Indian startups to focus on real economy issues particularly for services and agriculture.

“Slowdown may not last beyond 2-3 quarters”

Dr. Amit Kapoor, Chair, Institute for Competitiveness feels the slowdown is temporary & consumption will remain an integral part of India’s growth story.

Agriculture trade: Slip between farmer & market

Good transport and marketing systems will promote best possible returns to farmers and improve India's agriculture exports in key markets.

Why should there be Googles, when we celebrate Infosys?

Prof Anand Nandkumar, Research Director, Center for Innovation and Entrepreneurship, Indian School of Business, lauds the innovation capabilities of Indian

Automobile sector: Looking ahead to 2020

Slowdown in demand & production of automobiles in India is expected to be temporary, and the sector is projected to pick up with improvement in the economy.

Product Profile: Cardamom

Applications in processed food & cosmetics and volatility in production patterns of Guatemala provide increased opportunities for Indian cardamom exporters.

MSMEs need protection from foreign players

Samir V Limaye, President, IPMMI, feels that India needs to monitor import of packaging equipment from countries with which we have an MFN treaty.

Are trade shows relevant in the digital era?

Despite the growing role of digital marketing, trade shows are still of great importance, as they definitely give your business an edge over competition.

Competitiveness by strategic design

India needs to adopt a strategic approach to boosting the competitiveness of its manufacturing sector, which will hold it in better stead for future FTAs.

“India needs to work on factor market reforms”

Prof D Tripati Rao, IIM Lucknow, believes that speed of execution and implementation of policy reforms are crucial to the success of 'Make in India'.

Country Profile: Afghanistan

India should help Afghanistan get stability and develop its transportation, logistics, technology & human capital, so that it can be an equal partner.

Cluster approach to textile sector

Scheme for Integrated Textile Parks targets industrial clusters with high growth potential for strategic interventions by way of infrastructure support.

Battling India’s growth recession

RBI cutting rates may help tackle the economic slowdown. But the government has to support this by adopting a Keynesian approach.

Technology, the fuel for employment

To tap the abounding opportunities that futuristic technologies offer, India needs a clear roadmap towards skilling its workforce & making them employable.

Product Profile – Bicycles

Rising traffic congestion & shortage of parking space are driving growth in bicycles, but lack of the infrastructure in developing nations is a barrier.

Is domestic value addition the key to GVCs?

India should aim to grow the share of foreign value-added exports. Domestic value addition may reflect a fallacy in terms of participation under GVC.

Diaspora can get us closer to India

Stephen Manallack, Chairman, Genesis India-Australia Horticulture Project, deliberates on major avenues of Australia-India collaboration.

Healthcare sector must employ self-regulation

Dr Pralok Gupta, Ass. Professor, IIFT feels that India has competitive advantages in both Mode 1 and Mode 2, which it needs to effectively leverage.   

India-EU FTA: Still a work in progress?

Consensus on India-EU FTA may be tough, considering the presence of tough issues like investment, e-commerce, IP and data protection apart from tariffs.

Country Profile – Vietnam

Broadly the trade basket between India and Vietnam is complimentary and there is immense scope for escalating bilateral trade in merchandise and services.

Medical tourism: India’s quest for exclusivity

India should build a national brand for its medical tourism services, step up on international accreditation and adopt a focussed product-market approach.

“India needs more preparedness”

Prof Sachin Chaturvedi, Director General, RIS, feels that India must reassess its approach to RTAs as well as the specific fears of domestic industry.

Policy prescriptions for cashew economy

India's cashew farmers aren't getting a fair remuneration. To help them, India must relook at its import policy and also adopt farmer-friendly measures.

Logistics: Key to India’s economic success

Critical improvements in India's logistics sector are contingent on a holistic approach towards infrastructure gaps, skill development & technology adoption

“India-China trade deal could be a stepping stone”

Prof Manoj Pant, Director, IIFT, feels that India must explore RTAs, as they will allow gradual adjustment to competition in a multilateral set up.

India’s endless struggle for crude oil security

India's struggle for crude oil will continue for a longer period. Diversification of crude sourcing can mitigate risk of concentrated market power.

Product Profile: Farm Tractors

Indian tractors are more economical and well equipped with digital dashboards, attractive designs and modern technology necessary to meet market demands.

Services trade: The unresolved dilemma of Mode 4

A strong, commercially meaningful outcome in mode 4 will have huge potential benefits for services trade. But for now, it remains a contentious issue.

Labour’s share in national income continues to fall

Labour's share in national incomes has been falling across borders and India is no exception. This needs to be addressed through coordinated policy action.

“Coastal shipping is still an under-exploited opportunity”

Dr G. Raghuram, Director, IIM Bangalore, elaborates on how logistics in India can be a stepping stone for development of its trade with other countries.

India as a Health-tech Hub: Opportunities and Constraints

It is time for India to replicate its success stories in software development and medical value tourism in the health-tech sector.  

“Not to ban plastic, but to plan!”

Padma Shri Awardee, Dr. R. Vasudevan feels that banning plastic may not be a good idea. Rather, efforts should be towards changing attitudes.

Country Profile: Angola

Energy is at the heart of the India-Angola partnership, since the country is emerging as the second largest African oil supplier to India, after Nigeria.

RCEP Impasse: Are Indian businesses necessarily to blame?

Inda's businesses can't be blamed for being biased towards the domestic market. But we can't stay on the sidelines of mega trading blocs like RCEP for long.

Ensuring food is safe – the EU way

An extensive body of laws covers the entire food value chain in EU. In all its diversity, the EU is a single entity when it comes to safe food.

Assam tea industry faces economic crisis

Assam tea industry is on the verge of a crisis that would be a big setback to India's agricultural economy. The problem calls for a multi-pronged solution.

Product Profile: Milk Powder

India needs to push quality milk powder, which has huge demand in developed nations. Collaborations with New Zealand, EU and US will play a vital role.

“The issue lies in management of plastics and not in the plastics themselves”

TERI’s Sourabh Manuja argues that the proposed ban on single-use plastics will not have a negative impact on the Indian economy.

Demystifying India’s hunger problem

Despite being a leading producer and exporter of food products, India still ranks abysmally low on the Global Hunger Index. Where does the chasm really lie?

Country Profile: Canada

Canada and India have longstanding bilateral relations built upon shared traditions of democracy, pluralism and strong interpersonal connections.

“Corporate sector may enable linking of producers with dairy farmers.”

Dr. Rakesh Singh debunks the view that bringing the dairy sector into the ambit of RCEP negotiations will necessarily be disastrous for India.

“Indian exporters are quite organised and competitive”

Ashwani Gupta, Director, Vividh Metaltech, feels that while Indian stainless steel companies are competitive, NTBs in EU & US are a big challenge.

Trade Inequality: Need for meeting of the minds

Reducing global trade inequality requires greater coherence among nations to benefit from synergies among policies that often operate in isolation.

Groundnut exports: Dilemma of plenty

Indian exporters must strengthen compliance for groundnut exports. But India also needs to take a firm stand on the arbitrariness of standards applied.

US-China trade war: Has India missed the bus?

To attract FDI opportunities exiting China, India must select potential sectors & provide a facilitating environment, taking cognizance of their needs.

Plastic ban: Delaying the inevitable

The Indian plastics industry needs to move towards innovative, environment-friendly solutions, as the global war on plastics rapidly goes mainstream

“We should advertise the health benefits of quality spices”

Rajat Luthra, Director, Unique Fragrances shares his thoughts on how India can leverage its positioning as the one-stop shop for spices globally.

Geographical Indications: A necessary trade tool for India

India should aggressively push for registration of geographical indications to boost exports for products like Mizo Chilli, Goa Feni and Alphonso Mangoes.

Product Profile: Food Colouring Agents

The global market of food colouring agents is projected to reach US$ 3.2 bn by 2023. India can tap this opportunity by aligning standards with key markets.

Global trade post-Lehman: New horizons amidst legacy pains

The post-Lehman era has seen tepid global trade growth, increased protectionism, but also a decisive shift to emerging markets and new success stories.

Frozen French Fries: Case of the abnormal dip!

Frozen French fries market trends show that India has significant opportunity to enhance exports provided production & standards are aligned with demand.

RCEP & the conundrum of Indian dairy industry

Seeing India's self sufficiency in the dairy industry and the associated livelihoods, the government should consider keeping it outside the ambit of RCEP.

WTO and the war against export subsidies

Export subsidies are adopted by developed and developed nations. They distort market dynamics for both exporting and importing countries.

Country Profile: Saudi Arabia

Saudi Arabia is working towards transforming its economy in a post-oil age, which opens up numerous opportunities for collaboration with India.

Plastic Industry: Victimized by the war on SUPs?

Public policy should encourage the plastic industry to produce reusable designs and educate people on the importance of reuse.

Packed Water Bottles

Bottled water demand is growing due to propensity for quality drinking water, fear of diseases from polluted water, and ease of portability & convenience.

Small Farms and India’s Agriculture Export Policy

Without the involvement of 85 million small and marginal famers in export business, India’s agriculture export policy will not be successful.

Evergreening of trade policy

The effect of trade liberalisation on a country’s overall development depends on how it maintains a balance between trade policy and environment

12 much needed transformations that National Logistics Policy will unfold

The National Logistics Policy will enable the creation of a single point of reference for all logistics and trade facilitation matters in India.

Economic slowdown: Breaking the vicious cycle

While the measures announced so far could boost supply, India still suffers from a tenacious sluggishness in consumer demand.

ICT import duties: Keeping India’s house in order

Beyond short term measures like ICT import duties to protect its nascent electronics industry, India needs to build competence across the value chain.

Services trade restrictiveness: Greater objectivity means better decisions

India is rightly framing its own methodology to measure services trade restrictiveness and needs to drive a hard bargain on this matter in trade agreements.

Country Profile: Italy

India and Italy are jointly working in infrastructure, tourism, railways, food processing, renewable energy, information technology and agriculture.

Cotton yarn exports: Spinning out of control?

India’s cotton yarn exports have plunged 35% in the first quarter of FY’20. The industry is in need of policy support and new direction.

Ocean Economy & Maritime Trade: Exploring possibilities

Achieving India's blue economy aspirations will need extensive cooperation between stakeholders, including private sector, scientific communities & NGOs.

“Intra-sector competition has given rise to a large number of NPAs”

Mr. Vijay Setia, President, AIREA, talks about how the Indian rice industry is placed on the global landscape and various growth challenges it faces.

India-ASEAN FTA: Ironing out the flaws

The review of the India-ASEAN FTA should focus on addressing industry concerns and ensuring a win-win without resorting to overtly protectionist measures.

Product Profile: Saffron

India has the opportunity to develop a nationwide brand of saffron, especially due to expectations of a steep increase in demand in the coming years.

India’s foreign trade: Need for speed & sustainability

While the export stimulus is welcome to boost growth, structural measures are necessary to ensure sustainable growth in India's foreign trade.

Global Agricultural Prices: Can history repeat itself?

Supporting agriculture and giving subsidies may further depress prices and export volatility to world markets at the expense of smaller countries.

Country Profile: France

India & France have shared strategic interests with growing cooperation in areas like renewable & nuclear energy, defence cooperation and cyber security.

Bananas: Keeping the dreaded TR4 disease at bay

With its rich portfolio of banana varieties, India can take the lead in developing new, disease-resistant cultivars to combat the TR4 menace.

Indian leather exports: Can the industry keep its best foot forward?

Capacity building, leather zone cluster, connecting to global value chains and impetus to innovation & brand building can boost value added leather exports.

“War between US & China is a technological one”

Dr. Arpita Mukherjee, Professor, ICRIER, talks about the dynamics of the US-China trade war, and how India should negotiate its interests at the WTO.

Product Profile: Coal

Allowing 100% automatic FDI in coal mining can help substitute imports, but business challenges could negatively impact investor sentiment.

Indian economic slowdown: How to reinvigorate consumer sentiment

Weak consumption has been cited as a major factor behind the Indian economic slowdown. Policy measures must address declining wage growth and poor demand.

Indian food processing: Roadmap towards value addition

India’s share of high value and value-added agri exports is quite low. It is imperative to build a robust food processing infrastructure across the country.

Raising the bar for India’s marine exports

India’s marine sector faces critical gaps in the supply chain, which has a detrimental impact on value-added marine exports.

“Trade and FDI are complimentary”

Professor Manoj Pant, Director, IIFT, shares his insights on the highlights of Foreign Trade Policy, 2015-20 and the future roadmap to propel India's trade

India-Chile PTA: An opportunity to raise the stakes

Under expansion of India-Chile PTA, Chile would want more and higher concessions, while India can look to expand the ambit to cover services trade.

India & RTAs: Learning the right lessons from history

India’s trade with major partners in RTAs shows that it has been experiencing a trade deficit on an aggregate basis, which has increased post-2013.

Palm oil: Why India is on slippery ground

The government has addressed the duty issue on refined palm oil from Malaysia, but managing India's trade deficit in the product will be much tougher.

“Exporters must learn from grape & rice industries”

Azhar Tambuwala, Director - Marketing, Sahyadri Farms, speaks about how the FPO works towards making agriculture lucrative for India's farmers.

Agritech startups: Will they prove game changers for Indian agriculture?

Agritech startups can play a catalytic role in value creation across the agri chain, but they need the right support to develop India-specific solutions.

“India needs to tap EU to increase its honey exports”

Arshdeep Singh, MD, Allied Natural Product, talks about how Indian players need to align to enhance their competitiveness in honey and penetrate new markets

India-Egypt trade: Time for a little nudge

Significant potential exists for enhancing India’s exports to Egypt in products like medicines, motor vehicles, cellular phones and bovine meat.

Yuan devaluation: Will China fall victim to its own manoeuvre?

Depreciation in the yuan will make Chinese exports competitive, but add to the hardships for its consumers and enterprises.

India_tourism_TPCI

Tourism: Chasm between ‘Incredible’ and ‘Credible’ India

A lot of work needs to be done in terms of infrastructure, safety & security and health & hygiene to boost India's tourism sector.

Product Profile: Diamonds

India is the leader in the global processed diamond industry. US, Hong Kong and India together account for over 50% of global diamond trade.

Ravneet Phokela, Chief Business Officer, Ather Energy

“Millennials will continue responding positively to electric vehicles”

In this exclusive interaction with TPCI, Ravneet Phokela, Chief Business Officer, Ather Energy speaks about the future of EVs in India, the scope for their expansion, the challenges to their proliferation and so forth.

Country Profile: South Africa

Complementarities between South Africa and India provide scope for greater collaboration in sectors like food processing, deep mining, defence & fin-tech.

India-Global-Value-Chain-TPCI

Global Value Chains: Remedy for India’s slowdown blues

Participation in global value chains to drive exports is critical for India to emerge out of the current slowdown and achieve its long term ambitions.

Electric-Vehicles_TPCI

Electric vehicles: Is India missing the spark?

Soaring battery costs, high import dependence, lack of charging infrastructure & customer inertia.could hamper India's vision for electric vehicles.

Innovation in India: Missing pieces in a promising story

Despite a rich history, innovation in India is way below global benchmarks. A better industry-academia interface will help Indian firms compete globally.

India-Pakistan trade

India-Pakistan relations: Suspending trade a typically Pakistani self-goal

Pakistan's decision to suspend India-Pakistan trade relations is myopic. Given the quagmire facing its economy, Pakistan should be more pragmatic.

India can be a 100% EV nation by 2030

IIT Madras’ Professor Ashok Jhunjhunwala, shares his thoughts on the future of electric vehicles (EVs) in India and how they could be the next big thing.

Streamlining Food Trade through Technology and Data Analytics

Integration and sharing of information across agencies and ports of entry will go a long way in promoting ease of doing business in food trade.

Product profile: Canned tuna

India is neither a major consumer nor exporter of canned tuna. It can raise its global market share to 0.5% by addressing critical gaps in the value chain.

Non-basmati rice exports: In search of new direction

India's rice exports could hit a 7-year low in 2019-20. The government must consider alternate measures of support & help them penetrate new markets.

India-Australia CECA: Breaking the impasse

Agriculture is a major stumbling block in India-Australia CECA and now RCEP negotiations. India can consider conditional access with tech transfer.

Country Profile: Brazil

Brazil is signalling an openness to free trade of late, and it is an opportune time exploit complementarities and expand the India-MERCOSUR PTA..

“Tea should be put in negative list of RCEP”

Granting access to the tea market under RCEP will be disastrous for the Indian tea industry, especially due to weak growth potential in RCEP countries.  

“We need to focus on enhancing the yield of coffee”

Dr. Babu Reddy, Deputy Director, Coffee Board, talks about challenges faced by Indian coffee players, strategies to boost value exports and the future roadmap for the industry.

“We have built up our revenue on repeat orders”

Rohit Sareen, Director - Marketing at Sareen Impex Pvt Ltd. takes us through the journey of his successful entrepreneurial venture in rock salt.

Auto industry hits reverse gear

The auto industry saw one of its steepest declines in sales in Q2. Resolving policy uncertainty, boosting liquidity & tax sops will be key to a comeback.

BRICS: Can they block the unilateral wave?

A wave of protectionism is clearly visible in global trade as there have been series of sanctions and counter-sanctions. This issue is actually acting as a deterrent in practicing liberal trade.

Chinese economy: A miracle no more?

As the Chinese economic miracle appears to be fading, India must tread carefully to leverage the benefits and also avoid the pitfalls.

Product Profile: Pepper

India's pepper industry needs to urgently boost its competitiveness in the face of the fierce challenge from exporters like Vietnam, Indonesia and Brazil.

Gems & Jewellery

Gems & jewellery: Exports losing their bling?

To improve India's gems & jewellery exports, there is an urgent need for large-scale skilling, besides a strategic reorientation towards new markets.

Cashew Industry

Cashew industry: Living in unpalatable times

Cashew industry faces many challenges - stiff competition, lack of liquidity & huge reliance on imports of raw nuts. New growth avenues need to be tapped.