IBEF: India Brand Equity Foundation
India Brand Equity Foundation DCX June 09, 2016
In this issue
- What's NewIBEF
- Poll
- Conversations on Brand India
- Did You Know?
- Economy & Policy Snapshots
- They Said It
- Exclusive
- Focus: Exports
- Media: Blog
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India has jumped 13 positions from 2015 to rank second on the Global Retail Development (GRD) Index 2016, which ranks top 30 developing countries based on ease of doing business. Clarity regarding foreign direct investment (FDI) regulations and a pick-up in gross domestic product (GDP) growth has helped India achieve the second spot, according to media reports. It is noteworthy that retail sector in India has expanded at a compound annual growth rate (CAGR) of 8.8 per cent between 2013 and 2015, with annual sales crossing the US$ 1 trillion mark.

In another significant development, more than 1.04 crore youth have been trained under the Skill India Mission in the year 2015-16 registering a 36.8 per cent growth year-on-year. Further, the Ministry of Skill Development And Entrepreneurship is working towards establishment of one Model Skill Centre in each district of the country, which would be operational in more than 500 districts by March 2017. These will be high quality centres that can be expected to help make skill development aspirational and accessible.

Warm regards

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation
What's new@IBEF
India is the Partner Country at INNOPROM 2016
India is the Partner Country at INNOPROM 2016, scheduled to be held from July 11-14, 2016 at Yekaterinburg, Russia. IBEF is managing the branding and publicity campaign of India and will highlight the strengths of Indian engineering at INNOPROM 2016. Do visit www.indiaatinnoprom.com for regular updates and information about India’s participation.
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Poll India will be a global leader in the Internet of Things industry by 2020?

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Past polls
Conversations on Brand India
"The absolute size of India’s youth combined with improved education is expected to make way for sustained growth in domestic purchasing power."

Ravi Capoor, IAS
Chief Executive Officer
India Brand Equity Foundation

India: A domestic consumption led growth story

Did You Know?
India has attracted a record US$ 40 billion private equity (PE) investment during the last two years.
Economy & Policy Snapshots
India & USA Signs MoU To Enhance Cooperation on Energy Security, Clean Energy & Climate Change
New Delhi: The Government of India and the Government of the United States of America have signed a memorandum of understanding (MoU) to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and further joint initiatives for promoting sustainable growth.
  India secures second spot on Global Retail Development (GRD) Index in ease of doing business
Singapore: India has been ranked second among a list of 30 developing countries on the basis of ease of doing business, according to A T Kearney 2016 Global Retail Development (GRD) Index.
India a bright spot on global map, growth rate expected to be near 7.5%: OECD
New Delhi: India will continue to be a bright spot in the global economy with its gross domestic product (GDP) growth expected to be 7.5 per cent in FY 2016-17, as per a report by Paris-based Organisation for Economic Cooperation and Development (OECD).
  1.04 crore people skilled in 2015-16 under Skill India Mission; a quantum leap by 36.8% since last year: Shri Rajiv Pratap Rudy
New Delhi: Mr Rajiv Pratap Rudy, Union Minister of State for Skill Development and Entrepreneurship (Independent Charge) and Parliamentary Affairs, announced that more 10.4 million youth have been trained under the Skill India Mission in FY 2015-16, a significant growth of 36.8 per cent in number over the previous year.
India grabs third spot in global tech investment destinations list
New Delhi: India ranks third among the most attractive investment destinations for technology transactions in the world, as per Ernst & Young's (EYs) Global Capital Confidence Barometer (CCB) - Technology report.
  E-commerce to reach US$ 60-bn GMV by 2020
New Delhi: Indian e-commerce sector is expected to touch US$ 60 billion in gross merchandise value (GMV) by 2020, as per 'Digital Retail 2020' report by Google and AT Kearney.
They Said It
We have about 35 million users in India, which is our second largest consumer after the United States. So, it's obviously a gigantic market for us.
Allen Blue
VP - Product Management and Co-Founder
Exclusive   Focus: Exports
Travel: Colours of the Rann
In the Rann of Kutch, the world's largest saline desert, the wind howls and hoots like a banshee. Those trackless wastes hijacked our imagination so much so miracles and mirages seemed to merge in the flat vastness and the lines between the real and the unreal were blurred. Click here to read more about this exclusive travel article from the India Now Business & Economy magazine.
  Auto Components
The Indian auto-components industry can be broadly classified into the organised and unorganised sectors. The organised sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganised sector comprises low-valued products and caters mostly to the aftermarket category. Over the last decade, the automotive components industry has scaled three times to US$ 40 billion in 2015 while exports have grown even faster to US$ 11 billion. Click here to read more about Indian auto components industry.
Media: Blog
Media: Interview   Challenges of starting a brokerage business
Nithin Kamath, Founder & CEO, Zerodha shares his views on the challenges of starting a brokerage business in an exclusive article for IBEF.

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