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Newsletter 2021 - Issue 4


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Will the mirage of a super-boom cycle turn into an oasis for Indian Pharma sector?

India holds a fifth of all global manufacturing sites catering to the US market and is the only country with the largest number of Pharma plants that are US-FDA compliant. Moreover, the Indian API industry is ranked third largest in the world contributing 57% of APIs to prequalified list of the WHO. 


A billion for every chip-maker who 'makes in India,' sources say

Prime Minister Narendra Modi's 'Make in India' drive has helped to turn India into the world's second-biggest mobile manufacturer after China. 


World Bank revises India’s GDP growth forecast to 10.1% for the financial year 2021-22

The World Bank has increased its projections for India’s economic growth to 10.1 per cent for  2021-22, citing a strong rebound in private consumption and investment growth.


14 Per Cent Of Ultra-Wealthy Indians Are Salaried Employees

The rise in the number of salaried employees, who now occupy space in the UHNWI list in India, can be largely attributed to the growth of the country as a key regional and global economy.


Vaccines give China and India a chance to boost cooperation

Combining the strengths of both countries and establishing a mutually beneficial development partnership to find lasting solutions to global problems will therefore be a win-win formula.


China becomes largest destination for FDI

China's inbound FDI grew against the trend by 4 percent to $163 billion, indicating that the country surpassed the U.S. as the largest recipient of FDI in the world.


Five facts about world's biggest radio telescope FAST

FAST is short for Five-hundred-meter Aperture Spherical Telescope. it is also believed to be the world's most sensitive single-dish radio telescope.


How Can India Become The Next Manufacturing Powerhouse

For a couple decades, India was the ultimate destination for outsourcing software services as well as knowledge processes, but it is now all geared up to grab the center position as the global manufacturing hub.


Chinese smartphone giant Xiaomi to launch electric car business with $10 billion investment

The Chinese technology firm, which is the world’s third-largest smartphone maker, is jumping into an incredibly competitive space in China. 1.9 million electric vehicles will be sold in China in 2021, representing year-on-year growth of 51%


Is this the Asian Century? Potential and challenges in Asia growth

Asia accounted for more than half of world economic output for 18 of the last 20 centuries. Substantiating a tectonic shift in global power, Asia confirms to steer universal discourse.


China plan to lift retirement age stokes workers’ anxiety as demographic crisis looms

Speculation is running rampant among Chinese about how many years of pension income may be lost after the government announced plans to gradually increase the nation’s mandatory retirement age.


OCI card holders no longer required to carry old passports for India travel

People of Indian origin and the Indian diaspora having Overseas Citizens of India (OCI) cards are now not required to carry their old, expired passports for travel to India.


India is a top source and destination for world’s migrants

India is the top source of international migrants, with one-in-twenty migrants worldwide born in India. India receives more remittances from migrants than any other country.


Preparing India for urban acceleration

123 largest metro cities in the world, with only 13% of the world’s population, contribute 33% of the world GDP. This trend resonates in India as well, with urban locales contributing about 63% to the country’s GDP as of today, and this is expected to rise to 75% by 2030


Coronavirus Treatment: Ayurveda More Powerful Than Traditional Medicines, Finds A Study

It was found that the combination treatment of Ayurvedic remedy was able to relieve some of the symptoms of COVID-19 earlier when compared to the conventional route of allopathic treatment.



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