Tag: Atmanirbhar Bharat

The Evolution of India’s Toy Industry India’s toy industry is undergoing a massive transformation, fueled by government initiatives, rising domestic production, and increasing global demand. Once heavily dependent on imports, India is now a key player in the global toy market, with a projected CAGR of 10-15% and a valuation of ₹11,000 crore in 2024. […]

“Electronics manufacturing alone can contribute USD 1 trillion to India’s economy by 2025,” said the former Minister of Communications, Electronics and Information Technology, Ravi Shankar Prasad, at an ASSOCHAM event. With the potential to produce a vast array of devices—ranging from mobile phones to laptops, TVs, and other components—the sector is poised to become a […]

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The year 2020, which saw the widespread outbreak of coronavirus, has been very challenging for people across the world in many aspects. Till date, coronavirus has led to the death of around 1.45 million people in the world. It has resulted in a sudden fall of economies across the world, including India, leaving millions of […]

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China is one of the largest trading partners of India. According to the Ministry of Commerce and Industry, India’s trade with China during 2018-19 was USD 87.07 billion, out of which the value imports was USD 70.32 billion. India’s exports to China during 2018-19 stood at 16.75 billion, signifying the huge deficit of over USD […]

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Over the last many years, successive Indian Governments have tried to improve India’s Balance of Trade and protect domestic industry by incentivizing exports and restricting imports. These have taken the form of Export incentives to try and boost exports through measures such as Cash assistance, Export subsidies, EOUs and SEZ, Duty drawbacks, Advance Licensing and […]

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