Category: Indian economy
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Rethinking Electronics Manufacturing in a Fragmented World
A Historical Shift from Labour Advantage to Technology SovereigntyElectronics manufacturing has never been static. In its early phase, countries competed on low-cost labour and basic assembly, with East Asia emerging as the global factory. Over time, nations like South Korea and Taiwan moved up the value chain by investing in…
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MSMEs and Credit Facilities: Growth Without Ground Reality
Historical Expansion but Structural Weakness For decades, India has celebrated MSMEs as the backbone of its economy, contributing nearly 30 percent to GDP and employing over 110 million people. Yet, the story of credit to MSMEs has always been a story of intent without deep structural correction. From nationalisation of…
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Ethanol Blending in India: Growth Promise or Hidden Cost
Historical Push Towards Energy Security and Rural SupportIndia’s journey with ethanol blending has been shaped by two long-standing concerns: dependence on imported crude oil and the need to support farmers, especially in the sugar economy. The ethanol blending programme, accelerated in the last decade, aimed to reduce oil imports, stabilise…
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A turning point in the oil century: when a major producer steps outside the cartel
Historical anchors of control and the slow fracture of unity For decades, OPEC acted as the balancing force of the global oil economy, shaping supply to stabilize prices and protect producer interests. The Gulf region, particularly countries like Saudi Arabia and United Arab Emirates, played a central role in maintaining…
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From Easy Liquidity to Measured Capital: Rewriting the Logic of Finance
A shifting foundation of growth and disciplineFor decades, financial systems across the world have oscillated between abundance and caution. The period after the global financial crisis saw liquidity becoming the primary engine of growth, with central banks flooding markets to revive demand and confidence. Cheap capital flowed easily, often overlooking…
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Defence Manufacturing as Industrial Strategy and Economic Identity
The story of defence manufacturing has quietly shifted from being a closed, state-driven activity to becoming a central pillar of industrial strategy, where national security, technological capability, export ambition, and high-skilled employment are deeply intertwined. Historically, countries treated defence production as a sovereign necessity, often insulated from market forces and…
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From Adding Megawatts to Managing Complexity: The Real Energy Transition
For decades, the global energy conversation was simple—add more capacity, generate more power, and extend access. From coal-based industrialisation in the 20th century to the rapid rise of renewables in the early 21st century, success was measured in megawatts installed. Countries competed on how fast they could build plants, whether…
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From Heritage to Market Identity
Cultural industries were once seen as soft expressions of tradition, often confined to local markets and seasonal tourism, but over time they have moved into the center of economic strategy where identity itself has become a tradable asset; historically, India’s crafts, textiles, and artisanal products were embedded in community life…
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Telecom and the New Everyday Economy
There was a time when telecom meant making a phone call and hoping the line would not drop. Then came the era of cheap data, where the internet quietly entered our daily lives through our phones. Today, something deeper is happening. Telecom is no longer just about connecting people. It…