Production Linked Incentives (PLI) of India – Reviewing the Impact

Production Linked Incentives (PLI) of India – Reviewing the ImpactThe Indian government’s Production Linked Incentive (PLI) scheme is a performance-based incentive scheme. It rewards companies for increasing domestic sales of their manufactured goods. The overall aim of the scheme is to strengthen the manu-facturing sector and reduce dependence on imports. Its objectives include promoting the „Make in India“ initiative, attracting foreign manufacturers to set up production in India, and motivating domestic manufacturers to expand production and exports.Launched in March 2020, the PLI scheme initially targeted sectors heavily dependent on imports, such as mobile manufacturing, electrical components, critical pharmaceutical materials and …

Cost Benchmarking Against Competition – Success Factors and Pitfalls

Cost Benchmarking Against Competition – Success Factors And PitfallsCompanies from the developed world that have traditionally enjoyed a monopoly in their home markets at certain price points are finding it difficult to compete when they start to expand their existing portfolio into other markets, particularly in the developing world.A foreign market and dwindling sales – the need for cost benchmarking The problem seems to be even more pronounced for family-owned companies, which have built a legacy on the claim that their technology and processes are better than anyone else’s, and this ideology is ingrained in the mindset of every employee. …

India’s Demographics: A Driving Force for Economic Growth and Global Influence

India’s Demographics: Driving Economic Growth and Global InfluenceIndia’s rapidly growing population has long been recognised as a major asset for its economy. With the latest United Nations estimates confirming India’s status as the world’s most populous country, surpassing China, the country’s demographic advantage becomes even more apparent. India’s Population Growth and Future Projections India’s population has reached a staggering 1.4 billion by Q2 2023, securing its position as the most populous country. By comparison, the EU’s population of around 450 million is only a third of India’s. Even Germany, the EU’s most populous country with 84.3 million people, would rank …

ArMiD & EAC – Event „Incredible India“

ArMiD & EAC – Event „Incredible India“This was the title of our event in Munich, which was organised in cooperation with ArMiD (Aufsichtsräte Mittelstand in Deutschland e.V.). There was enormous interest in the topic as well as in our insights, and so leading personalities from German business and industry discussed with us until late into the night.The high level of interest is not surprising, as India is currently overflowing with superlatives: A growth rate of 6.5 A EUR 3.3 trillion economy FDI investments of EUR 78 trillion in 2021-22 The fifth largest economy by 2030, ahead of Germany and Japan. …

ArMiD & EAC – Veranstaltung „Incredible India“

ArMiD & EAC – Veranstaltung „Incredible India“Unter diesem Titel fand gemeinsam mit Aufsichtsräte Mittelstand in Deutschland e.V. (ArMiD) unsere Veranstaltung in München statt. Das Interesse an dem Thema und an unseren Einschätzungen war sehr groß und so diskutierten führende Persönlichkeiten der deutschen Wirtschaft und Industrie bis spät in die Nacht mit uns.Der große Zuspruch verwundert nicht, überschlägt sich Indien doch gerade mit Superlativen: Ein Wachstum von 6,5 % Eine 3,3 Billionen EUR starke Wirtschaft FDI Investments von 78 Billionen EUR in 2021-22 Bis 2030 fünftgrößte Volkswirtschaft und damit vor Deutschland und Japan. Mit diesen traumhaften Aussichten weckt Indien das Interesse …

COMPRESSED BIOGAS (CBG) INDIA POTENTIAL

COMPRESSED BIOGAS (CBG) INDIA POTENTIALGrowing at a CAGR of 6%-7%, India is expected to become world’s 3rd largest economy by 2030 and is home to the world’s largest population. This fast-paced economic growth supported by rapid infrastructural development and urbanisation, will increase India’s energy demand significantly. Currently, India is world’s third largest energy consumer with nearly 50% generating from coal. India on its part is actively looking to reduce its coal dependencies as it aims to achieve Net Zero by 2070. Furthermore, India aims to generate 50% of its total electricity from green sources by 2030. Its future energy strategy …

„Indian Toy Industry – To Infinity and Beyond“

Indian Toy Industry – To Infinity and BeyondIndia’s growing newborn population is one of the main factors driving the rise in demand for toys, leading to a significant expansion of the industry. As of 2023, the Indian toy industry amounts to 1.4 bln EUR making up 0.5% of the global market. Given the demand, with a forecasted growth of average of 10-15% YoY against the global average of 5%, the Indian toy market is expected to reach 1.8 bln EUR by 2024.Additionally, inflating disposable income levels and the rising awareness among individuals about the benefits of toys in improving the …

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 …

India Review 2022 – Unsere Zusammenfassung der wichtigsten Marktentwicklungen

India Review 2022 – Unsere Zusammenfassung der MarktentwicklungWährend die großen Volkswirtschaften der Welt von einer möglichen Rezession bedroht sind, hat sich Indiens Wirtschaft als wider-standsfähig erwiesen und ist zur fünftgrößten Volkswirtschaft aufgestiegen. Nach einem Rückgang im Jahr 2020 und der anschließenden Erholung im Jahr 2021 wird die indische Wirtschaft 2022 voraussichtlich um 6,8 % wachsen – und damit schneller als die meisten Schwellenländer.2022 hat Indien mit folgenden Fakten die Aufmerksamkeit aller wichtigen globalen Investoren und Branchen auf sich gezogen: starke wirtschaftliche Fundamentaldaten, ausgewogene Handelsbeziehungen, kostengünstige Arbeitskräfte und vor allem mit seinem etablierten Produktions- und Dienstleistungsökosystem. In unserem diesjährigen India Review …

Green Hydrogen- India’s emerging economy

Green Hydrogen- India’s emerging economy

Green Hydrogen- India’s emerging economy Initiatives for laying the foundation and groundwork for scaling-up low carbon hydrogen across the economy in India. Hydrogen demand could increase 5-fold by 2050 in India with use in industry being the major driver. By 2030, costs of hydrogen from renewables will fall more than 50% and will start to compete with hydrogen produced from fossil fuels.“The thing that is going to help India with a quantum leap in terms of climate is the field of green hydrogen” – Prime Minister Narendra Modi Green hydrogen, considered as one of the cleanest forms of energy in …

Platform Business Models – Are Investments Justified?

Platform Business Models – Are Investments Justified?Can traditional process-based firms do asset light business? Is there a possibility to get into platform model of business as a replacement or an augmentation to existing source of revenue without increasing the operating cost too much? More than 60% of the Fortune 500 companies employ platform-based business models for their operations (most of them are consumer focused software system based B2C organizations) and the trend has quickly shifted to B2B companies in the recent past who wish to be closer to their final consumers. The issue is of commercialization of the innovation model …

Indian Solid Waste Management Industry needs Technology Push

Indian Solid Waste Management Industry needs Technology PushSolid waste generation and key concerns in India Increase in urbanization and per capita income has significantly led to a rise in municipal solid waste generation in India. Overall solid waste generation in the country can be estimated at 152 million tons per annum, wherein EAC estimates construction & solid waste at 175 million tons accounting for 61% of the total waste generated. Municipal solid waste contributes 31% to the total waste with 90 million tons, and the rest contributed by four other segments including Plastic waste (9.5 mio TPA), Hazardous waste (8.0 …