India Review 2023: A Comprehensive Analysis of Growth and Opportunities

India 2023: A Comprehensive Analysis of Growth and OpportunitiesIn 2023, India marked significant achievements towards becoming a global superpower, including notable advancements in space exploration, demographic shifts, economic growth, and leadership on the global stage, particularly through a successful G20 presidency. The nation’s investment appeal is bolstered by its vast market potential, skilled workforce, and technological innovation, attracting significant investments in sectors like automotive and industrial manufacturing. With economic growth projected at 6.7% for 2023–24 and ambitions to reach developed economy status by 2047, India demonstrates a strong growth trajectory.EAC has expanded its presence and collaboration within India and globally, …

2023 Insights into China’s Business Landscape

China Business ReviewDear Readers & Business Partners, As we bid farewell to 2023, we take a moment to highlight the significant developments and achievements within China’s dynamic business environment, culminating in the completion of the 4th edition of our China Business Review. With anticipation, we look towards 2024, a year brimming with potential and opportunities. We are committed to advancing on this path together, fostering collective success, growth, and prosperity.The challenging phase that the world experienced during 2020-2022 and reflecting on how 2023 unfolded, the economic rebound has been advancing towards significant developments in the 1st year after the COVID …

Navigating Complexities: EAC’s Global Sourcing Chronicles

Navigating Complexities: EAC’s Global Sourcing ChroniclesIn recent years, EAC has supported multiple companies in global and regional strategic souring projects across various industries, including industrials, mobility, building & construction, energy and environment, chemicals, and consumer goods. While executing these sourcing projects, we have encountered unique challenges and unexpected opportunities. With this article we would like to summarize select observations and learnings of our EAC sourcing experts.Rising Importance of Sustainable Sourcing Practices In today’s environmentally conscious world, sustainability is no longer a secondary concern; it is an integral part of a successful business strategy. We observed this while assisting a leading …

Global Wind Turbine Manufacturing & Supply Chain Challenges

Global Wind Turbine Manufacturing & Supply Chain ChallengesHow to boost competitiveness and balance risks? Wind energy it one of the fastest-growing energy sources in the world driven by supportive legislations in the US, the European Union, India and China yet spare capacity is limited and will likely disappear by 2026.Wind energy is one of the best source to alleviate the pain and challenges of climate change. With the increasing demand of global electricity, which is forecasted to grow by 25% and reach ~30k TWh1) by 2030, development and utilization of wind plus other renewable energy sources are indispensable and have …

Seizing the EV Lithium Battery Market

Seizing the Opportunities on the EV Lithium Battery MarketElectrification of transportation has also witnessed fierce competition within the lithium battery sector, requiring industry players to act proactively and position themselves strategically to capture a significant share of this burgeoning market.The shift to e-mobility is picking up speed quickly, and disruption to traditional automotive industry is taking place stronger and sooner than previously expected. To be prepared of the trend it involves strategic planning and actions aimed at capitalizing on the growing electric vehicle market. Get insights from EAC’s investigation on how to position your business to thrive in the global …

China’s New 24 Points Policy

China’s Vow to Attract Foreign InvestmentChina’s New 24 Points Policy: Opinions of the State Council on Further Optimizing the Foreign Investment Environment and Increasing the Attractiveness for Foreign Investment.Chinese government has re-emphasized its propositions to further optimize the foreign investment environment and increase the attractiveness for foreign investment: Establish a more favorable investment climate for foreign investors Re-bolster foreign enterprises’ confidence in investing in China. In our teaser we explain what the 24 individual directives mean and what opportunities they present for you. You would like to discuss the 24 Point Policy? Then contact our expert & partner, John Deng.Download …

Your Partner on the Ground: EAC’s China Interim Management Solutions

Your Partner on the Ground: EAC’s China Interim Management Solutions Businesses operating within China’s highly dynamic market environment require skilled executives on short notice. Interim leaders and project managers experienced in multiple sectors and disciplines, can take responsibility for delivering results, offer independent expertise, and handle a range of key strategic and tactical interventions.Getting the right managers in or to China has become a prolonged and unplannable challenge for foreign companies in China. Even after most of China’s COVID related travel restrictions and quarantine requirements have been lifted, the nearly 3 year long isolation has lead to a shortage and …

How “Energy Efficiency” Can Help Cut Emissions/Carbon Footprint!

How “Energy Efficiency” can help cut Emissions/Carbon Footprint!Governments around the world lay emphasis on aligning energy efficiency policies with greenhouse gas (GHG) reduction goals.Energy efficiency measures not only offer optimization of production costs, but also enable a short-term and cost-effective reduction in GHG emissions.In order to limit the growth of energy demand, the rapid and large-scale introduction of energy efficiency measures is important. It is a prerequisite for achieving the decarbonization path proposed by the International Renewable Energy Agency (IRENA) in the „net zero emissions“ scenario. Without such measures, the deployment of clean energy sources would be overtaken by rapidly …

India Review 2022 – Our recap of key market developments

India Review 2022 – Our annual recap of key market developmentWhile major global economies are staring at a possible recession, India’s economy has exhibited resilience and has grown to emerge as the 5th largest economy. Post a sharp decline in 2020 and a technical rebound in 2021, the Indian economy is expected to grow at 6.8% in 2022 – which would be faster than most emerging economies.2022 India has attracted the attention of all major global investors and industries with the following facts: strong economic fundamentals, well balanced trade relations, cost-effective workforce and most importantly an established manufacturing and service …

China Review 2022 – Our market and industry perspectives for you

China Review 2022As every year, we have complied another review „China in 2022“. Based on our insights from consulting projects, we are more than happy to share our market and industry perspectives and first look into 2023.In our entire China consulting practice, spanning more than 30 years, we have never encountered such a series of political and economic shockwaves – both internationally and within China. The Russian war in Ukraine followed by soaring energy prices, sky-high inflation and the increasing ideological bloc formation as well as escalating geo-political tensions between the US and China leading to a new height of …

Localization of Global ESG Strategy in China

SUSTAINABILITY –Localization of Global ESG Strategy in ChinaHow to adapt your global sustainability strategy to China?Sustainability is taking a core place in current and future policies in China and around the globe. Players in various industries should be well-prepared for upcoming changes. We support your local branches to adapt global sustainability strategies compatible to China.Globally, more and more multi-national companies (MNCs) are putting ESG as a key partof their group strategy. As leading manufacturing country and one of the largestmarkets, China plays an important role for those these MNCs. However, China is quitedifferent if it comes to regulatory fulfillment and …

Business Transformation Strategy

Business Transformation Strategy As China is advocating high-quality development, Western companies have seen development opportunities that focus on quality, also are anxious about how to enter and develop the local markets. EAC offers the business transformation mindset.“High-quality development“ is a national economic reform being pursued by the Chinese government. It is to shift national economy from a high-speed growth stage to a high-quality development stage. This wave of reforms revolves the supply of goods and services, Human Resources, and environmental sustainabilityDownload ArticleLatestMärz 11, 2024India Review 2023: A Comprehensive Analysis of Growth and OpportunitiesMärz 11, 20242023 Insights into China’s Business LandscapeJanuar …