Industry Risk reviews
Pharma Industry in InDia - April 2024
Ranked 3rd worldwide in terms of volume and 14th in value, the Indian pharmaceutical industry holds a crucial position in global healthcare. While its contributions are noteworthy, fostering greater collaboration among industry stakeholders, government entities, and regulators is required to sustain and strengthen India’s position as the ‘Pharmacy of the World.’
Healthcare in India - JuLY 2023
India’s healthcare sector is witnessing remarkable traction and has become one of the largest contributors to the Indian economy in terms of revenue generation and employment opportunities. This development has solidified the country’s perception as an appealing investment destination for both global as well as domestic investors.
5G in India - June 2023
Revolutionizing connectivity, 5G has the potential to develop sectors beyond mobile services, including logistics, medical services, manufacturing, retail, and education. With its impressive speed, extensive reach, and low latency, 5G can connect a higher range of users and devices, offering a wide range of opportunities for innovation and transformation.
ESG in India - April 2023
ESG (Environmental, Social, and Governance) is a set of performance standards used to evaluate an organization’s governance mechanisms and its focus on environmental and social impact. The scope of ESG has evolved. In the near future, ESG regulations are likely to be imposed on Indian companies as an urgency to address issues concerning climate change.
Rare Earth Elements - November 2022
Rare Earth Elements (REEs) are a set of 17 chemical elements used as key components in various industrial applications owing to their unique magnetic and catalytic properties. India accounts for more than 5% of REEs in the world. Being the 4th highest reserve of REEs in the world, India has great potential to contribute to industries like electronics, electric vehicles, energy, and defence.
Non-Fungible Tokens - September 2022
Non-Fungible Tokens (NFT) are blockchain-held unique digital tokens that represent the ownership of real-world items like artwork, music, digital content, etc. India currently holds the third position in terms of the number of NFT companies. With the increased interest and investments, it is safe to anticipate that India will witness a boom in the NFT industry.
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