Sustainable Manufacturing: A Key Driver in India’s Rise as a Manufacturing Leader
Author: Habbisha Sivabalan The world at present has a more significant population growth. India holds a population of 1.41 billion and is placed first in the ranking based on world population. The population growth is creating an immense increase in wants which is leading to greater levels of production and manufacturing of goods and services. The increase in labour availability also has influenced manufacturing levels and quantities and enabled India to emerge as a manufacturing hub. The manufacturing sector has contributed approximately around 15% of the total GDP of India during the year 2022. According to IBEF, India holds the …
Topic: Where are Family Offices Investing and Why?
Author: Suprita Mallya When it comes to managing wealth, family offices have become an increasingly popular solution for high-net-worth individuals and families. A family office is a private wealth management firm that offers high-net-worth households a full range of financial services. The financial affairs of a single wealthy family or a small group of households are often managed by these agencies. Depending on the needs of the family, family offices provide a variety of services, although they typically offer investment management, lifestyle management, tax preparation, estate planning, legacy planning, charity giving, risk management, and other financial services. In this article, …
Driving Factors Propelling India as a Leading Global Manufacturing Destination
Author – Pawan Kotharkar Indian Manufacturing Industry has seen a tremendous amount of positive growth in recent times, with more and more companies planning to shift their manufacturing bases out of China and diversify their supply chain. India is standing out as a global manufacturing hub. The Indian government has introduced various policies to promote manufacturing in India while focussing on energy efficiency and reducing greenhouse gas emissions in the manufacturing sector. But what is the reason behind India’s growth in the manufacturing industry and where is it heading? Let’s find the factors that are driving growth: Government Initiatives: The …
3 ways Sustainability can help Businesses in 2023
Author: Pawan Kotharkar Sustainability has not just become a hot topic for 2023 but also a necessity for businesses to follow. With more and more businesses incorporating sustainability in their processes and actively working to improve them, it is evident that sustainability is not just another trend that will pass away. But what does sustainability mean in business? To put it simply sustainability in business refers to the impact it has on the environment and society. The business strategy should impact positively in either one or both areas to address some of the most pressing concerns of society. These issues …
Why is Microsoft investing $10 Billion in ChatGPT and what is the future of AI?
Author: Pawan Kotharkar Microsoft announced on January 23rd, 2023 the third phase of their partnership with OpenAI through a new multiyear multibillion-dollar investment. Although Microsoft did not announce an exact figure for investment, some reports suggest that it amounts to $10 Billion. But how does Microsoft benefit from such huge investments? To understand that first let’s look at the history and some of the most groundbreaking tools from OpenAI and Microsoft’s history with OpenAI. OpenAI is an Artificial Intelligence research company founded in 2015 by Elon Musk, Sam Altman, Greg Brockman, and Ilya Sutskever. Their mission is simple – researching …
