AT KEARNEY
IGL to diversify into solar rooftop, battery recycling
"With the exponential growth being witnessed in the electric vehicle market, demand for batteries has risen significantly. Many rare earth metals go into battery manufacturing, so IGL thinks recycling them could be a lucrative option, especially when not many companies are doing it," said another senior industry executive.
Lessons from Hanoi: What India can learn from Vietnam’s blueprint to replace China as a manufacturing hub
Vietnam benefited a lot as companies shifted out of China in 2018-2019. The Southeast nation’s transformation has some lessons for India to become a global manufacturing player.
Harry Styles’ lifestyle brand Pleasing appoints Shaun Kearney as its first CEO
Shaun Kearney will be taking over as Pleasing CEO from July 17 after departing from current role of chief design and merchandising officer at another brand.
ET MSME Day 2023: Why your workforce is the key to successful digital transformation
Digital transformation is today considered as a comprehensive, end-to-end process that requires organisations to embrace the human factor as a critical component of their digital transformation journey.
US imports of Chinese goods decline to lowest levels
Experts predict that by the end of 2023, the portion of US imports from "low-cost Asian countries excluding Japan and South Korea" will certainly be below 50 per cent of Chinese goods.
Can India find its manufacturing mojo as the world trade lines get redrawn?
China’s position of being an undisputed manufacturing destination is on the wane. Experts say it is now increasingly clear which sectors India should focus on to capitalise on the significant opportunity.
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NASA, Axiom Space gear up for Artemis III moon mission, unveil new spacesuit. Details here
The spacesuit for the Artemis III mission, which marks the program's first lunar landing to return humans to the moon, was unveiled by NASA and Axiom Space.
AI levels playing field for startups, Big Tech in Asia
The biggest challenge with artificial intelligence today is how to best use it, and startups will always have the advantage of being able to experiment more freely.
The next 25 years: India’s golden opportunity to become a manufacturing powerhouse
Over the past two decades, the services sector grew rapidly without a manufacturing boom, unlike other countries where manufacturing growth precedes services.
Draft Retail Policy proposes centralised inspection, single window for licences
The policy is not intended for e-commerce, direct selling, multi-level marketing or street vendors and the government intends to provide a national common framework for development of retail sector across the country through it.
Sean Rooney: Death of Irish soldier on UN peacekeeping mission ‘pierced the heart of his family’
A young soldier of the Irish Defence Force, Sean Rooney (24), was martyred in Beirut, Lebanon while being a part of a mission of the UN in the peacekeeping force.
Oil prices steady after hitting 2022 lows
While U.S. crude stocks fell last week, gasoline and distillate inventories surged, adding to concerns about easing demand. Gasoline stocks grew by 5.3 million barrels in the week to 219.1 million barrels, and distillate stockpiles, including diesel and heating oil, swelled by 6.2 million barrels, the EIA said.
From fighter planes to cakes: How a DRDO scientist-turned-entrepreneur found his calling in the gifting business
Tarun Joshi had an enviable career trajectory. But he decided that wasn't enough when he realised the potential of the gifting space in India. So, he set up IGP.
Brands deal with necessary pain of reverse logistics as Indians return 30% of e-commerce purchases
Online sellers, especially the smaller ones, struggle with the complexities of reverse logistics. While it is unavoidable, they can manage it better to enhance customer satisfaction and higher sales.
Pocketing even 1% market share from China means India gets a $10-billion opportunity in textiles, says industry
China-plus-one has created a growth window for the Indian textiles segment, and the PLI Scheme can give the sector a boost. There might not be a more opportune time for the industry to seize an opportunity to grow quickly and counter rising competition from Vietnam and Bangladesh.
PLI tweaks to push textile exports, $65b target realistic: CII-Kearney
"Reaching $100 billion in five years will be a very steep goal. Hence, India could emulate the best-in-class exports growth seen over the past 10 years (9-10% by Vietnam in 2011-2015) and target a realistic goal of $65 billion in five years," the report said, adding that India will be able to expand its share of global exports to 6.6% from 4.5%.
FMS Delhi achieves 100% summer internship placement
Around 23% of the students accepted offers in sales and marketing, rolled out by the most prestigious firms across the country. 25% of the students were recruited for e-Commerce/IT/Operations by firms such as Adobe, Amazon, Atlassian, Flipkart, Google, Info Edge, Microsoft, Media.net, and Udaan, according to the institute. The median stipend has also increased by 18% to Rs. 2.6 lakh for two months from last year. The highest stipend of Rs 5 lakhs was offered in the BFSI sector.
Reshaping supply chains: Vietnam takes the lead, but India positioned well for a larger role: Kearney’s Viswanathan Rajendran
India mostly missed the benefits of corporations shifting manufacturing units out of China in 2018-2019. However, India now has a unique window of opportunity to capitalise on the ongoing shift and become a global manufacturing hub, says Kearney’s Rajendran.
Value e-commerce in India to touch USD 40 bn by 2030: Report
Currently estimated at USD 4 billion, the value e-commerce market -- is expected to see rapid growth and reach USD 20 billion by 2026, and USD 40 billion by 2030, a report by Kearney said. Meanwhile, the value lifestyle retail market is expected to grow from USD 90 billion in 2019, to USD 156 billion by 2026, and touch USD 215 billion by 2030.
India continues to stay out of Kearney’s 25-country 2021 FDI Confidence Index, US tops
Kearney's 2021 FDI Confidence Index reveals high level of risk aversion. It is an annual survey of global business executives that ranks the markets likely to attract the most investment in the next three years.
Consultancies, law firms under taxman’s lens for GST
The tax department has brought some of the top consultancies including McKinsey, Boston Consulting Group (BCG), Kearney and Blackstone Consulting under scrutiny along with some of the nation’s top law firms.
E-commerce grows by 36 per cent in last quarter in India: Report
In October to December 2020 period, PCB&W and FMCG & Healthcare (F&H) categories' volumes grew by 95 per cent and 46 per cent year-on-year (YOY) respectively, said the Q4- 2020 -E-commerce Trends Report', released by Unicommerce and Kearney.
Bain & Company top recruiter at first cluster of IIM Ahmedabad summer placements with 20 offers
The firms that participated in Cluster 1 comprised four cohorts – investment banking & markets, management consulting, advisory consulting and private equity, venture capital & asset management.
Consumer-centric innovation is fuelling growth, says consulting firm Kearney
The report said the focus on premiumisation across consumer goods has resulted in consumers switching to high-end products, and that the pursuit of cost reduction has been a key attribute followed by companies. Given the price-sensitivity of Indian consumers and heavy competition, a tight control on costs helped leaders preserve margins and reinvest in growth, the report said.
To manage supply side risks, CEOs must bring procurement to the frontline
Given that the full impact of the COVID-19 crisis is still unknown, in the times ahead procurement leaders will have to intelligently juggle crisis management and post-recovery plans.
USD 575 billion investment opportunity in transport infra in next 5 yrs: Kearney
The report said the concessionaires and contractors need to explore strategic partnerships, identify the right markers for decision-making, and ensure the quality and timeline of project delivery with the growing infrastructure investments and greater participation from the private sector.
Kearney appoints Kaushika Madhavan as India managing partner and country head
An Indian Institute of Ahmedabad alumni, Kaushika, has almost two decades of consulting and industry experience working with leading Indian and global clients across industries, with a focus on consumer products, retail, pharmaceuticals and healthcare.
India slips 3 notches to 11th spot in AT Kearney FDI Confidence Index
India was ranked 8th in 2017, while it was at 9th rank in the previous year.
UPDATE 1-Rugby-Stander, Kearney fit as Ireland make four changes
RUGBY UNION-IRELAND/TEAM (UPDATE 1):UPDATE 1-Rugby-Stander, Kearney fit as Ireland make four changes
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