Top CEOs evaluate the future of the Indian economy

Image by: David Ryder Five Chief Executive Officers of leading tech behemoths Apple, Cisco Systems, Google, Microsoft and e-tail juggernaut, Amazon, explain their expanding presence in India and expectations for the fast growing economy’s technology and logistics markets. Tim Cook CEO, Apple During a recent Q&A at Apple’s third quarter earnings call, Cook summarised his … Continue reading “Top CEOs evaluate the future of the Indian economy”

India inaugurated a free trade agreement with Bhutan on 29 July

The India-Bhutan bi-lateral trade stood at USD 808.72 million in 2016-17, up from USD 750.2 million in the previous fiscal. A recent agreement, implemented on 29 July 2017, establishes a free trade regime between the nations to further boost these figures by easing freight transit and allowing duty free exchange of Bhutanese goods with other … Continue reading “India inaugurated a free trade agreement with Bhutan on 29 July”

3 port roads identified under Sagarmala project

The Centre recently identified three port road plans encompassed by India’s ambitious Sagarmala project. All 3 new connections are located in Odisha and aim to boost the State’s economy through increased access. The Sagarmala programme originally proposed 79 such port road connections which were rejected due to a lack of adequate land parcels required to … Continue reading “3 port roads identified under Sagarmala project”

India ranks 2nd on Grant Thornton’s Business Optimism Index

India jumps two spots to rank second on Grant Thornton’s Business Optimism Index in Q2 of 2017 as 94% of the surveyed businesses expressed confidence in the country’s economic growth. With transformational reforms like the GST gaining traction, 69% of the respondents expected higher profitability, rallying India four levels up from the sixth position last … Continue reading “India ranks 2nd on Grant Thornton’s Business Optimism Index”

3 supply chain lessons from the ONGC – HPCL acquisition

The Cabinet approves Prime Minister Modi’s PSU plan to establish a vertically integrated oil giant by selling a 51% government stake in HPCL (Hindustan Petroleum Corporation Limited) to upstream behemoth, ONGC (Oil and Natural Gas Corporation). The consolidated supply chains will serve to minimise risk, increase capacity and catapult India’s recently deregulated oil market to … Continue reading “3 supply chain lessons from the ONGC – HPCL acquisition”