Chief Economic Advisor (CEA) Dr V Anantha Nageswaran expressed confidence on resilience of the economy and said India's economy is in good shape despite challenging global environment.
The committee includes Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan, Finance Minister Nirmala Sitharaman, and National Institution for Transforming India (NITI) Aayog Vice Chairman Suman Bery as its members.
India's manufacturing base and cost advantages will position the country suitably for potential market leadership in coming years, said NITI Aayog in its latest report.
The automobile industry is heading for a major transformation by 2030, driven by growing demand for safety features, electric vehicles, and smart technologies, according to a recent report by NITI Aayog.
Uttarakhand Chief Minister Pushkar Singh Dhami on Friday participated in the student union inauguration ceremony organized at Hemvati Nandan Bahuguna Garhwal Central University Campus, Srinagar in Pauri Garhwal distrcit and said that state government is fully committed to the development of
India's growth in the global automobile sector is held back due to a lack of innovation, primarily driven by inadequate Research and Development (R&D) infrastructure, says a report by NITI Aayog.
Tools manufacturing sector presents a significant opportunity for India to enhance its export footprint, create jobs, and establish itself as a competitive player on the world stage, a joint report by NITI Aayog and the Foundation for Economic Development asserted.
The global trade market for power and hand tools, currently valued at approximately USD 100 billion, is projected to grow significantly, reaching around USD 190 billion by 2035, according to a report by NITI Aayog.
The cost of semiconductor chips used in vehicles is expected to double from the current average of USD 600 to USD 1,200 per vehicle by 2030, according to a new report by NITI Aayog.
India's top policy think tank body NITI Aayog has envisions the country's automotive component production growing to USD 145 billion, with exports tripling from USD 20 billion to USD 60 billion.
Debjani Ghosh, a fellow at the NITI Aayog and the former president of industry body Nasscom, on Friday said there are "important opportunities" staring at India and the country must ramp up its R&D capabilities.
Debjani Ghosh, a fellow at the NITI Aayog and the former president of industry body Nasscom, speaking at the Carnegie Global Tech Summit on Friday, delved upon AI landscape in India and how the country can the leverage the opportunity this emerging technology has to offer.