As #India aims for US $1 trillion in merchandise #exports by 2030, emerging #Products from various sectors can play a huge role in developing #manufacturing & export capabilities.
Report on ‘Achieving USD 1 Trillion Merchandise Exports by 2030’ ➡️ https://bit.ly/34W1TJ3
India Achieving USD 1 Trillion Merchandise Exports by 2030.
As #India aims for US $1 trillion in merchandise #exports by 2030, emerging #Products from various sectors can play a huge role in developing #manufacturing & export capabilities.
Report on ‘Achieving USD 1 Trillion Merchandise Exports by 2030’ ➡️ https://bit.ly/34W1TJ3
India Achieving USD 1 Trillion Merchandise Exports by 2030
News video | 367 views
India’s Foreign Trade Policy 2023 sees $2 trillion exports by 2030 #shortsvideo
Technology video | 179 views
This session will primarily focus on the Emergence of NBFCs as alternative mainstream credit disbursal, its role in growth in GDP and how it has played a key role in reaching out to the last mile
Role of NBFCs in Achieving $5 Trillion Economy
News video | 323 views
Odisha to play the key role in achieving $ 5 Trillion economy
#Odisha #aluminium #economy
Odisha to play role in boosting the economy
Bauxite is the ore from which aluminium is produced. Aluminium is a strategic metal for the country and is quite critical for all the key sectors that will aid in India becoming a $5 trillion economy — right from building and infrastructure to aerospace, electrical distribution and more. There is need for a holistic approach must be adopted for utilisation of India’s abundant bauxite resources and curbing unnecessary imports of this abundant ore. India is ranked fourth in the world in terms of bauxite reserves and has high quality metallurgical grade bauxite deposits with close to four billion tonne reserves. However, these abundant bauxite deposits are largely untapped, and the country is yet to leverage this natural wealth for economic growth and development.
At the same time, there have been continued imports of bauxite to meet the domestic need of existing and newly established industries. The country continues to heavily import bauxite for its industrial needs causing an estimated forex loss of over $571 million in the last six years alone, whereas Odisha has enormous potential to emerge as a manufacture of the base metal, India is in a unique position to leverage and become a manufacturing nation. However, there are certain regulatory challenges that the sector faces that need to be addressed to ensure that odisha plays a major role in contributing to a self-reliant India, yes there is a potential which is well placed. Sources said, Indian manufactures can import from neighbouring country Thailand but they found difficult to get from inside India, it is need to be addressed by the regulatory .India continues to import aluminium and aluminium scrap thanks to a low import duty. The concern is on, Indian aluminium one of the most expensive metals thereby discouraging manufacturers to source from Ind
Technology video | 203 views
AVCG Sector Can Play Big Role In Reaching Trillion Dollars Of Service Exports: Piyush Goyal
The Union Minister of Commerce and Industry Piyush Goyal on August 27 virtually addressed the valedictory session of 2nd edition of CII Summit FX 2021 – Global Animation, Visual Effects, Gaming and Comics (AVGC) & Immersive Media Summit. During his address Minister said that AVCG sector can play big role in reaching trillion dollars of service export.
#PiyushGoyal #CIISummit #catchnews #CatchNewsToday #NewDelhi #ImmersiveMediaSummit
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Catch is a contemporary new digital platform about the ideas and events shaping the world. It aims to filter and provide news-on-the-run for an impatient new generation. It offers greater insight for influencers and the deeper consumer of news. When opinions are shrill and polarized, we hope to create a middle ground and build bridges. When there is a set thinking, we hope to stand apart and go against the wind. The world is complex, exciting, layered, evolving, always interesting. We hope to be the same.
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AVCG Sector Can Play Big Role In Reaching Trillion Dollars Of Service Exports: Piyush Goyal
News video | 386 views
#IndianSaaSfirms #CJI #Covishield
The growing Indian SaaS firms
The Indian SaaS space has the potential to create $1 trillion in value and nearly five lakh jobs by 2030, as businesses around the world accelerate digitization and automation, A new study says. There are more than a thousand funded startups and 10 unicorns in the country’s SaaS sector, generating as much as $3 billion in annual subscription revenues, according to a report of SaaSBoomi. The report further says, the industry, which currently employs 40,000 workers, could generate annual revenues of as much as $70 billion by 2030 and win as much as 6% of the global market. However, many startups face challenges in accessing capital during their early stages and attracting skilled talent to grow. The industry may need to boost funding at three to four times the current level to reach their potential over the next 10 years.
Despite the challenges, “India has an exciting opportunity to propel itself on to the world stage as a SaaS force to be reckoned with. SaaS and software accounted for $600 billion of the $3 trillion in global enterprise IT and communications spending last year. The industry is growing at an 8% annual rate, twice the pace of the overall IT market. Covid-19 has created a further push toward SaaS, with six Indian SaaS unicorns created during the pandemic. The report highlights, more than 1,000 SaaS companies are operating in India as of now and more than 150 SaaS start-ups have $1 million in ARR (Annual Recurring Revenue), with this the global SaaS market will grow at a pace of 18-20% each year, with more than $500 billion in revenue by 2025.
Today's Headline in NewsHours
0:00 Intro
2:06 Threat to human rights is highest in police stations, says #CJI Ramana
2:41 Better protection with #Covishield - #Covaxin combination, says #ICMR
3:16 #Pegasus is just the tip of the #iceberg
4:02 #GST avoidance by the E-c
Technology video | 184 views
India’s Internet Economy | $1 Trillion by 2030 | Digital Revolution | VARINDIA News Hour
India’s journey to a $1-trillion consumer internet economy has been a unique story of multiple internet sectors such as e-tailing, e-health, food tech, online mobility, and quick commerce, coming together to create a strong foundation for a consumption-led growth engine. The ongoing journey from digital-first to digital-forward was a result of multiple internet sectors having shown strong momentum post-COVID, as per RedSeer. Investors are recognising India’s golden opportunity without a second thought. In 2021, more than $40 billion of funding and 42 new unicorns were born. This is primarily because the country’s economy is becoming more skill-based and services-oriented, so more jobs are being created for skilled workers, which in turn is a major draw for investors. It has been fueled by a mix of burgeoning internet penetration rates, access to high-speed internet, and rising demand for online shopping and digital content consumption. India is home to an extremely distinct, heterogeneous population
base with varying social needs.
The report noted that applications prioritising vernacularity of language, verticalized super apps, and an omnichannel approach are increasingly allowing the third cohort to join the digital mainstream. India’s new digital revolution is further enabled by the growing tech adoption in the business to business space and an expanding and maturing internet consumer base. What is also noteworthy is that key internet economies, namely e-tail, eHealth, FoodTech, Online Mobility, and Billpay and Recharge, which had experienced a sharp downward spiral during COVID re-emerged much stronger. Additionally, the rise of tech adoption in the B2B space is bolstering India's new digital revolution. The report expressed immense optimism about India's growth, stating that the SaaS market size, which stood at about $3.5 billion in FY2
Technology video | 263 views
India’s internet industry expected to reach $5 Trillion valuation by 2030 #shorts
Technology video | 175 views
Amazon becomes 2nd US company to reach USD 1 trillion value
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News video | 1061 views
Expenditure On Security Around World Going To Reach USD 2.1 Trillion By 2023: Defence Minister
Defence Minister Rajnath Singh on August 28 said the demand for military equipment is increasing continuously and by 2023 the expenditure on security around the world is going to reach US$ 2.1 trillion. “Reports suggest that in the next 1-2 yrs i.e. by 2023, expenditure on security around the world is going to reach US$ 2.1 trillion. Most of the countries don't even have this level of budget for a whole yr & it is expected to increase manifold in the next 5 yrs,”
#RajnathSingh #IndianCoastGuard #Chennai #catchnews #CatchNewsToday
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Catch is a contemporary new digital platform about the ideas and events shaping the world. It aims to filter and provide news-on-the-run for an impatient new generation. It offers greater insight for influencers and the deeper consumer of news. When opinions are shrill and polarized, we hope to create a middle ground and build bridges. When there is a set thinking, we hope to stand apart and go against the wind. The world is complex, exciting, layered, evolving, always interesting. We hope to be the same.
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Expenditure On Security Around World Going To Reach USD 2.1 Trillion By 2023: Defence Minister
News video | 354 views
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