Growth Strategies | Page 3

India is the world's fifth-largest economy by nominal GDP and is expected to become the third largest by 2030.

India is no longer just a back office for global tech. Its deep tech capabilities, skilled workforce, and strategic partnerships are positioning it as a major player in the global technology arena.

Cities such as Jaipur, Lucknow, Thiruvananthapuram, Surat, Coimbatore are embracing electric cars

The road to sustainability requires a shift in mindset. While financial considerations remain paramount, MSMEs must recognize that sustainable practices drive business growth, enhance brand reputation, and ensure regulatory compliance.

For Volvo Cars, it's not about market share. It's more about how do we change the mindset of people to buy more electric cars, says Jyoti Malhotra, MD, Volvo Cars India

We are focusing on tailor made limited edition cars, specifically for the Indian market, catering to the high net worth individuals (HNIs), says Rajan Amba, MD, JLR India

The next two quarters would be crucial as Shailesh Chandra, MD, Tata Motors Passenger Vehicles Limited, believes the EV industry is up for a change

The Budget takes a balanced approach by strengthening rural infrastructure, manufacturing and consumer spending, hence solidifying the consumption in the fast-moving consumer goods (FMCG) sector

Simplified classification and GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, simplified refund procedure for electric vehicles manufacturers would be required to boost growth

In order to increase localization of cars under the joint venture, the group is exploring the state of Orissa to set up another manufacturing facility, says Parth Jindal

The company is growing on the back of strong presence in Tier-I and Tier- II cities

Tata Group Chairman N Chandrasekaran announced plans for 500,000 new jobs in manufacturing in the next five years

The acquisition enhances Adani's capabilities in the defence MRO sector

These jobs are across industries like IT, ecommerce, logistics, manufacturing, content creation, skill development, and more

By addressing regional disparities, fostering gender diversity, and equipping graduates with both technical and soft skills, stakeholders can harness the full potential of the nation's workforce.

The bigger share of our business is coming from Tier II,III and beyond, says Samir Kumar, country manager, Amazon India

In the next three years its portfolio will be 70 per cent new energy vehicles (NEVs)

The growth is driven by the use of cutting edge technology in the defence sector

Bisleri is deepening its presence in districts that have high per capita income and is tapping the potential of the travel clusters. Furthermore, we have moved towards a dark store model, and our quick commerce business is performing quite well, says Jayanti Khan Chauhan, vice chairperson, Bisleri International

India's shipping industry has seen a significant transformation with the introduction of the Sea Cargo Manifest and Transshipment Regulations (SCMTR) in 2018.

Currently, Dozee touches a million patients on an annualized basis across 300 hospitals in the US and India. It aims to touch about 2,000 hospitals in the next few years.

Global oil markets remain volatile, but for traders with a keen eye, opportunities are still out there, according to seasoned American oil and gas investor Gaurav Srivastava.

Small business owners often have a significant portion of their wealth tied up in their businesses, but many don't realize just how much potential they're sitting on. That's where Development Theory comes in.

The fundraising landscape in 2024-25 marks a shift from the era of "easy money" to a more strategic phase, focusing on profitability, larger deals, and changing investor behaviors within the startup ecosystem.

It has come up with innovations and advanced features in the LCV that are one of a kind in this segment. However, there is a long way to go in terms of competition with other established brands, Euler's brand awareness in the country, and profitability.

Overcoming key technology transfer challenges, extending tax holidays, availability of sufficient talent, creating a strong ancillary industry base and a single window systems for permissions, would spur growth