The Low-Altitude Economy (LAE): China’s Emerging Technological FrontierThe Low-Altitude Economy is rapidly emerging as a transformative economic paradigm, centered around low-altitude flight activities involving manned and unmanned aerial vehicles. This innovative model represents a groundbreaking approach to transportation and technological innovation, spanning the airspace within 1,000 meters of ground level.China’s LAE market has demonstrated remarkable growth, with a consistent annual expansion exceeding 20% since 2021. In 2023, the market reached 506 bln RMB, with projections indicating a potential market size of 3.5 trn CNY by 2035, according to the Civil Aviation Administration of China. The technological landscape is characterized by …
India: A Rising Star in the Global Chemical Industry
India: A Rising Star in the Global Chemical IndustryThe Indian chemical industry is experiencing steady, robust growth, with a goal to double its market share by 2030, driven by both local and global demand. This growth is further fuelled by the rising demand for specialty chemicals and sustainable materials. Foreign Direct Investment (FDI) and recent commitments toward the expansion of petrochemical complexes remain key drivers, alongside government support and demographic advantages. Together, these factors create an environment that enables foreign companies to leverage the industry, not only to meet local demand but also to serve as an export hub.Currently, the …
Investment and Localisation Opportunities in Indian Medical Device Industry
Investment and Localisation Opportunities in Indian Medical Device IndustryIndia is ranked as the 4th largest medical device market in Asia, the industry was valued at 11.5 bln EUR in 2023 and is projected to grow at a CAGR of over 21%, reaching 46 bln EUR by 2030. The industry is experiencing a transformative phase, fuelled by robust healthcare infrastructure expansion, government initiatives, increasing per capita income, and increasing healthcare awareness. This growth is expected to lead the India’s emergence as a strategic hub for affordable and innovative healthcare solutions.Below are details of key growth drivers: Indian government’s “Ayushman Bharat” scheme …
Mastering the Complexity of China’s Evolving Economic Landscape: Strategic Imperatives for Multinational Corporations
Navigating the Complexity of China’s Evolving Economic Landscape: Strategic Imperatives for Multinational CorporationsDespite facing a slower-than-expected post-COVID recovery, China remains a pivotal player in the global economy, commanding impressive market shares across multiple industries. The sheer scale and influence of the Chinese market, combined with the expansion of its burgeoning middle class, underscores the continued importance of China for multinational corporations. In a nutshell, it is too large to be overlooked.However, the Chinese market is also fraught with significant challenges that MNCs must navigate, including economic slowdown, geopolitical tensions, demographic pressures, push for local replacement, and rising local competition. Rather …
Navigating Southeast Asia’s Economic Renaissance: A Strategic Guide
Navigating Southeast Asia’s Economic Renaissance: A Strategic GuideIn an era of unprecedented economic reconfiguration, Southeast Asia emerges as a transformative landscape for global business. At the intersection of strategic innovation and regional economic potential, EAC International Consulting offers critical insights for companies seeking to tap into the extraordinary opportunities within the ASEAN region.Choosing the right location in Southeast Asia is a nuanced art that requires deep understanding of multiple critical factors. Our refined Location Index provides a sophisticated framework for businesses navigating this complex landscape. This framework goes beyond traditional market analysis, offering a comprehensive approach to strategic site selection. …
Precision Farming in India: A Technological Revolution in Agriculture
Precision Farming in India: A Technological Revolution in AgriculturePrecision farming, an innovative agricultural approach leveraging cutting-edge technologies like IoT sensors, satellite imaging, and advanced analytics, is rapidly gaining momentum in India. This sophisticated method aims to optimize crop yields, minimize resource wastage, and promote sustainable agricultural practices by enabling farmers to make data-informed decisions at unprecedented levels of granularity.Precision farming in India is currently in its nascent stages, with adoption primarily concentrated among larger agricultural enterprises and progressive farmers. Recent studies indicate that approximately 5-7% of large landholdings have started implementing precision farming techniques, representing a promising growth trajectory. The …
Transforming Regulatory Challenges: A Comprehensive Guide to EU’s Carbon Border Adjustment Mechanism
Transforming Regulatory Challenges: A Comprehensive Guide to EU’s Carbon Border Adjustment MechanismIn the rapidly evolving landscape of global trade and sustainability, the European Union’s Carbon Border Adjustment Mechanism (CBAM) emerges as a transformative policy framework that signals a profound shift in how multinational corporations approach carbon emissions and international market access. This groundbreaking mechanism represents more than just a regulatory challenge; it is a strategic imperative that demands robust, forward-thinking solutions from original equipment manufacturers (OEMs) and European importers alike.At its core, CBAM is a sophisticated policy instrument designed to address the critical issue of carbon leakage while simultaneously advancing …
E-Mobility in ASEAN: A Drive Towards Sustainability
E-Mobility in ASEAN: A Drive Towards SustainabilityThe Association of Southeast Asian Nations (ASEAN) is undergoing a significant shift towards electric mobility, propelled by growing environmental concerns, technological advancements, and supportive government policies. This burgeoning trend presents a promising opportunity to reshape the region’s transportation landscape and accelerate its transition to a sustainable future.Key ASEAN nations, including Thailand, Indonesia, and Malaysia, are at the forefront of this transformation. Thailand, with its established automotive industry, is well-positioned to leverage its manufacturing capabilities to produce EVs. Indonesia, rich in natural resources, is focusing on developing a domestic EV ecosystem, encompassing battery production and …
Energizing the Future: India’s ACC landscape
Energizing the Future: India’s ACC landscapeMarket Status Quo and Regulatory Scenario: India’s ACC market is expected to be valued at 19.5 bln EUR by 2025, growing at 10.6% from 17.6 bln EUR in 2024, primarily driven by increasing prospects of end-use applications and government initiatives.Demand for ACC’s is expected to reach 220 GWh by 2030 making India an attractive market for battery manufacturers; however, India lacks strong presence across the battery manufacturing value-chain.Though India has expertise in pack assembly and recycling, critical material processing and electrode manufacturing competencies remain limited. Consequently, India imports most raw materials, including lithium, cobalt, and …
Global Business Services in Malaysia: A Strategic Advantage
Global Business Services in Malaysia: A Strategic AdvantageAs businesses navigate the complexities of global expansion, many are turning to Global Business Services (GBS) to streamline operations and enhance efficiency. Malaysia, with its favourable business environment, skilled workforce, and strategic location, has emerged as a prime destination for establishing GBS centres.Building on the strengths of traditional shared services and outsourcing (SSO) models, Global Business Services (GBS) offers a more comprehensive and strategic approach. By centralizing a wider range of non-core business functions, GBS enables organizations to achieve economies of scale, improve quality, and enhance overall operational efficiency.Asia has emerged as a …
China’s Internationalization Wave: A Deep Dive into the European Market
China’s Internationalization Wave: A Deep Dive into the European MarketThe rapid rise of Chinese enterprises onto the global stage has been a defining characteristic of the 21st century. Driven by a combination of domestic market success, technological advancements, and government support, Chinese companies are increasingly expanding their operations into international markets, particularly in Europe. This influx of Chinese competition presents both opportunities and challenges for European businesses.Several factors have contributed to the surge in Chinese companies‘ internationalization efforts: As the domestic market matures, many organizations are seeking new growth avenues overseas. Significant advances in technology and innovation, has enabled them …
Seizing the Opportunity: Addressing India’s Container Shortage
Seizing the Opportunity: Addressing India’s Container ShortageIndia’s current challenge of Cargo container supply gap is an opportunity waiting to be explored. India aims to reach exports of ~2 trln EUR by 2030, thereby increasing its share in global export to 10% (currently ~3%). In the last decade, India’s merchandise exports grew at an AAR of 5% reaching >400 bln EUR by 2022-23.To achieve the ambitious export goal, India is aggressively strengthening its manufacturing sector. In the past 5 years, India introduced several incentive schemes to increase domestic output, the most prominent being ‘Production Linked Incentives (PLI), targeting several strategic sectors. …