Courtesy: SBUT
The Mumbai-headquartered Dawoodi Bohra community has a rich legacy of business, overseas maritime trade, and, today, a strong global community network that connects its 1 million faithful, wherever they are, in real time. The community's strength is its network, even 1,000 years ago, even without technology.
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Big Tech wields considerable influence over commerce, speech, media, and politics. Mergers and acquisitions have been key to their burgeoning growth. Now it is clear that their power is buttressed by anti-competitive and predatory practices. Governments across the world are moving to redress this through regulation, but the task is complex.
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Tata Steel is one of the few global companies on the prestigious Global Lighthouse Network for its advanced digital manufacturing systems - and it was the first Indian company on the list. The vision of a digitally integrated manufacturing facility was introduced when the Tata Steel Kalinganagar plant (TSK) was conceptualized in 2006. The subsequent implementation and continuous upgrade of the facility has made it a global benchmark. This case study on TSK's journey can guide other companies to overcome challenges in upgrading systems, using artificial intelligence and big data analytics to increase efficiency and drive innovation.
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COVID-19 has forced India and its manufacturers to quickly step up their adoption of digital manufacturing processes. There are four elements of this ecosystem already in place – the digital infrastructure, government schemes, academic learning, and a burst of start-ups. This, supported by key policy decisions by the Indian government, will propel Indian manufacturing to higher levels of efficiency, productivity, and competitiveness.
Courtesy: Government of Meghalaya
Japan and India’s North East are culturally contiguous – and have been for centuries. From their monoliths and cenotaphs, to the sacred bamboo and house construction, the old similarities are now being carried into the future by the younger generation of North Easterners, who admire and seamlessly blend Japanese creative influences like anime, food and street style, into their own.
Courtesy: Sainik Samachar
Hailed as the highest altitude tunnel in the world, the Atal Tunnel at Rohtang pass in Himachal Pradesh is a significant part of India’s border infrastructure push. It has reduced travel time from Manali to Leh and forward areas. It is significant for national defence as also tourism because it provides all-weather connectivity to the Lahaul-Spiti Valley.
Courtesy: Manufacturing Business Technology
The U.K. is out of the EU, and re-positioning itself into the idea of Global Britain, seeking partnerships into diverse groupings and regions. India was an early strategic, defence and digital outreach, but a serious pivot has been made to broader Asia for trade and investment linkages, with vigorous follow-up. The re-entry and acceptance of Britain in Asia, has implications.
Courtesy: Radio Free Asia
The recently-enacted China Coast Guard laws have renewed uncertainty in the South China Sea. India must work with the Quad to build collective maritime competence of maritime law enforcement agencies beyond the Indian Ocean Region within the Indo-Pacific.
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Drones have become vital to the operations of many industries and government organisations across the world. With huge economic opportunity to be derived from the use, manufacture and sale of drones, the Indian government must refine policy and address regulatory lacunae to help boost both technology adoption and drone manufacture in India.
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The maturing private space sector in the U.S. has learned to raise money from the market in the form of sectoral equity-traded funds. Such financing mechanisms will keep the U.S. ahead in the global space economy, which is slated to grow manifold from $430 billion now to $4 trillion by 2040. India's fledgling private space ecosystem, financiers, and stock exchanges can learn from the U.S. and do the same for India's newly reformed private space sector.