Creative Bharat
India’s growth of becoming a global powerhouse in the automobile industry is being slowed down by a lack of innovation, according to a new report by NITI Aayog.The report further noted that this drawback was mainly due to inadequate infrastructure in research and development as India’s spending on the sector remains among the lowest in […]
B V R Subrahmanyam (File photo) NEW DELHI: India is set to leapfrog Germany and Japan to become the world’s third-largest economy in just three years, according to NITI Aayog CEO B V R Subrahmanyam. He also projected an ambitious long-term vision: India could become the second-largest economy globally by 2047. “Currently, the Indian economy […]
B. V. R. Subrahmanyam, Chief Executive Officer of NITI Aayog | Photo Credit: SHIV KUMAR PUSHPAKAR The Indian economy will be bigger than Germany and Japan in the next three years, and also it could become the second largest economy by 2047, NITI Aayog CEO B V R Subrahmanyam said on Thursday. Addressing an event […]
Cost of semiconductor chips in vehicles to double by 2030 due to advanced technologies, reshaping automotive industry. | Photo Credit: REUTERS The cost of semiconductor chips used in vehicles is expected to double from the current average of $600 to $1,200 per vehicle by 2030, according to a new report by NITI Aayog. The increase […]
The report also noted that India’s automotive manufacturing sector faces a disability of around 10 per cent compared to China on account of higher raw material costs, steeper import duties and increased freight costs. | Photo Credit: Bloomberg The auto components sector needs strong policy support to overcome structural challenges and foster innovation, according to […]
The US reciprocal tariff plans may not hurt most export sectors in India as Canada, Mexico and China would face higher tariffs creating opportunities, according to Niti Aayog Programme Director Pravakar Sahoo. “We are looking at the data at a very dis-segregated level. And these are preliminary results as our report is not final. But […]
Former Cabinet Secretary Rajiv Gauba on Wednesday took over as a full-time member of Niti Aayog. The government created a slot to make Gauba,a retired 1982-batch IAS officer of the Jharkhand cadre, the fifth full-time member of the NITI Aayog. As of now, four full-time members of the Aayog are — Vijay Kumar Saraswat, Ramesh […]
Niti Aayog New Delhi, Tariff does not protect any country and India needs to cut tariffs for its own good, irrespective of who tells India to do so, NITI Aayog CEO BVR Subrahmanyam said on Friday. Addressing the 69th Foundation Day of All India Management Association (AIMA), Subrahmanyam further said that being open to the […]
At a recent meeting with the Nti Ayog Chairman BVR Subrahmanyam, Electric Vehicle (EV) makers urged that the States be asked to lift the limitation on permits for such vehicles as it is restricting the companies in selling more vehicles. The Niti Ayog Chairman reportedly told the industry leaders not to expect any more subsidies. […]
State Public Universities (SPUs), which account for over 80 per cent of higher education students in India, must enhance both quality and scale if the country is to achieve its Viksit Bharat 2047 goals. NITI Aayog CEO BVR Subrahmanyam said on Monday. He made these remarks while releasing the report “Expanding Quality Higher Education through States and […]
