The medical devices industry in India has been notified as a priority sector and is backed by several reforms and policies. Additionally, an open marketplace and conducive business environment has resulted in domestic players, MNCs, and startups vying to capture a share of the growing market; and probably reinvent the healthcare delivery mechanism through efficient and more affordable solutions.
Electric VehiclesIndustryInsights2 min read
The electric vehicles industry in India has grown tremendously over the years, with a mix of public policy, native MSMEs and foreign direct investment boosting the industry to unparalleled heights. Development of a manufacturing system has facilitated the adoption of electric vehicles in India and has also seen major players join the “Green Race” (analogous to Space Race) and switch to all-things…
AutomotiveBusinessIndustry4 min read
The policy, primarily aimed at stimulating the automotive industry which has been in a slump for the past decade, seeks to remove outdated vehicles older than 15 years off-road thereby boosting up production. As for the energy-efficient appliances, OEMs (original equipment manufacturers) would require to redesign products to facilitate easy recycling. The government has proposed that such pro…
Business4 min read
To give a brief overview, the National Policy on Electronics (NPE), 2019 is a step taken by the Ministry of Communications and Information Technology, approved by the Cabinet, to improve the global position of the Indian ESDM (Electronic System Design and Manufacturing) industry. This step was taken in light of attracting foreign investment to elevate the Indian EDSM market’s status as a global…
Insights2 min read
To provide the much need preliminary overview of the sector, Coinmen Consultants LLP and members from the Institute of Rural Management Anand (IRMA) jointly prepared a paper on food processing in India. The publication captures not only aspects of the market and components of the sector but also addresses the topics of Foreign Direct Investment (FDI) and Public Policies affecting the sector.