Business Today

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An Ocean of Opportunities

Business Today

GEARING UP • AFTER NEARLY THREE YEARS OF PAIN INFLICTED BY NEW EMISSION NORMS, COVID-19-INDUCED DISRUPTIONS AND A GLOBAL CHIP SHORTAGE, INDIA’S AUTOMOTIVE INDUSTRY IS SLOWLY PICKING UP PACE. A LOOK AT THE KEY NUMBERS

A NEW INDIA IN THE MAKING • India is no more just the back office of the world. The country has grown over the years to offer much more and it is still growing, much faster than most other major economies. It aims to increase its value-added exports, and not just raw materials. A vibrant start-up ecosystem and the rising number of millionaires and unicorns suggest that India wants a bigger pie of the global economy in terms of both manufacturing and new-generation services. This is a new India in the making and here’s how the numbers look:

OKTO, COINDCX’S LATEST DISRUPTIVE MOVE TO BRING DEFI TO THE MASSES

SUBDUED • After a warm Q2, the BT-C Fore Business Confidence Index for Q3 has cooled again, falling twice in the past four quarters. Will Q4 bring happy tidings?

Taking a Tough Stance • A recent consultation paper by Sebi hints at an era wherein broking firms will have absolutely no access to client funds

Time to Act • Even as the government evaluates the five applications to set up fabs in India, not much has moved forward since February 2022

INSPECTION TIME • Investors in start-ups are making governance a top priority to avoid unwarranted situations

Gasping Already • There is no market for Bharat Biotech’s nasal vaccine, a late entrant

Return of the Big Screen • The positive after-effects of Pathaan are likely to sweep Bollywood in 2023

Big, but not Whole • India could become an economic superpower by 2047. Yet, China’s experience should teach us that size isn’t everything; there are other factors we need to improve on as well

‘WE WILL INVEST MORE IN INDIA AND FROM INDIA TO THE WORLD’ • Sundar Pichai, CEO of Alphabet and Google, talks about innovation in tough times, the tech meltdown, immersive technologies and the tech giant’s plans for India

THE SBI FOUNDATION VILLAGE DEVELOPMENT MODEL: Finding the missing link in grassroots development efforts • The ‘Give a person a fish…’ saying might be the most time-worn allegory, but the impact sector is waking up to its criticality after tinkering with development models that either proved ineffective or lost momentum. India lives in its villages, and the worthiest pursuits in the development sector are those that make this mammoth section of the population self-reliant or ‘atmanirbhar’, reducing dependence on philanthropic interventions or government welfare efforts over time. The holy grail - and largely missing link in public and private welfare efforts - for achieving this outcome is ‘community participation’.

GOOGLE’S INDIA PLAY • AS THE TECH GIANT LOOKS TO CONTINUE ITS DOMINANCE IN SEARCH AND YOUTUBE, AND CHASE GROWTH OPPORTUNITIES IN CLOUD AND DIGITISATION, INDIA WILL BE CRITICAL TO ITS PLANS, EVEN AS IT FACES REGULATORY AND MARKET CHALLENGES

THE AMRIT KAAL AGENDA • INDIA HAS SET AN OFFICIAL TARGET OF GROWING ITS GDP TO $5 TRILLION BY 2024-25, WITH A REAL POSSIBILITY OF BLOOMING INTO A $26-TRILLION ECONOMY BY ITS HUNDREDTH BIRTHDAY. HERE’S A ROAD MAP OF HOW IT CAN POWER ITS MULTI-TRILLION-DOLLAR DREAMS

INFRA FOR GROWTH

TRANSFORMING INDIAN MANUFACTURING

Reviving India’s Golden Era • Inspired by the country’s rich tradition of ethical wealth creation, India has designed policies that can give a fillip to economic growth

Shaping a Formidable India Together • Having defied its sceptics, India has emerged...