IBEF: India Brand Equity Foundation
India Brand Equity Foundation DCXXV May 22, 2017
In this issue
- What's NewIBEF
- Poll
- Conversations on Brand India
- Did You Know?
- Economy & Policy Snapshots
- They Said It
- Exclusive
- Focus: Industry
- Media: Interview
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India is expected to become the third biggest solar market globally in 2017, with an 8.8 gigawatt (GW) of capacity addition projected for the year ahead, according to the recently released India Solar Handbook 2017 by Bridge to India (BTI). The report further said that solar capacity in the country is expected to touch 18.7 GW by the end of 2017, which will translate to around 5 per cent of global solar capacity. “Indian solar market has grown by an average 72 per cent in the last three years and is now worth approximately 8-9 GW per annum. Growing market size and strong government commitment to the sector have attracted the world’s leading private sector players as well as resulted in lower tariffs for consumers,” said Mr Vinay Rustagi, Managing Director, BTI.

In another important development, the number of incubators and accelerators in India have registered a growth of 40 per cent, with more than 40 new entrants in 2016, according to a new report by Nasscom, titled ‘Incubators/Accelerators (I/As) Driving the Growth of Indian Start-up Ecosystem–2017’. As incubators and accelerators continue to play an important role in the growth of the Indian start-up ecosystem, more than 30 new academic incubators have been established in 2016 with corporate accelerators growing by 35 per cent year-on-year with Bengaluru, NCR area and Mumbai being the leading hubs. 

Warm regards

Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)
What's new@IBEF
50 Reasons to Partner with India factbook
IBEF has recently come up with the latest version of the 50 Reasons to Partner with India factbook. Do click the link to visit the updated version of the factbook.
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Poll Will renewable energy sources overtake traditional energy sources in India's total installed power generation capacity by 2025?

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Past polls
Conversations on Brand India
"India was one of the key participating countries at the 15th edition of Automechanika Dubai, the largest international automotive aftermarket trade show in the Middle East..."

Anu P Mathai, IES
Chief Executive Officer (CEO)
India Brand Equity Foundation (IBEF)

India makes its presence felt at Automechanika Dubai 2017

Did You Know?
India's FDI inflows hit an all-time high of US$ 60.1 billion in 2016-17, registering a year-on-year growth of 8.1 per cent.
Economy & Policy Snapshots
Exporters to get tax refund within 10 days
New Delhi: The Ministry of Commerce and Industry's suggestion to refund 90 per cent of the exporter's claim on incentive schemes, within 10 days of its application, has been accepted by the Goods and Services Tax (GST) council.
  India to be third largest solar market in 2017: report
New Delhi: India is set to become the third largest solar market in the world with solar capacity reaching 18.7 GW in 2017, according to a report from Bridge to India (BTI).
Incubators, accelerators grow 40% in 2016, aiding start-up landscape: Nasscom
New Delhi: India start-up ecosystem growth supported by 40 per cent rise in incubators and accelerators (I/As) in 2016, as per a Nasscom report.
  India's domestic air traffic up 17.7% during January to April
New Delhi: India's air traffic increased 17.7 per cent year-on-year to 36.413 million passengers during January-April 2017 as private carriers like Indigo and SpiceJet gained market share.
India’s foreign trade: April, 2017
New Delhi: India exports registered a double-digit growth of 19.77 per cent year-on-year in April 2017, at US$ 24.63 billion, as per Ministry of Commerce & Industry data.
  Made in India iPhones to hit stores this month
Bengaluru: Apple will initially begin producing a small quantity of 'Made in India' iPhone SEs at its plant in Bengaluru, and ship to domestic customers in May 2017.
They Said It
"India is a super interesting market for us. We think of India as one of our high growth markets."
Mike Krieger
Co-founder and Chief Technology Officer
Exclusive   Focus: Industry
Innovation: Vortex
With unwavering focus on low operating cost and high efficiency, Vortex Engineering has developed a reliable and secure range of ATMs that have changed the face of banking in India. Read more about this innovation in this exclusive article from IBEF's India Now Business & Economy magazine.
Education & Training
India holds an important place in the global education industry. The country has more than 1.4 million schools with over 227 million students enrolled and more than 36,000 higher education institutes. India has one of the largest higher education systems in the world.
Media: Interview
Media: Interview   Economic Liberation of Panchayats
Saurav Ghosh, Social Entrepreneur, shares his perspective on the economic liberation of Panchayats in an exclusive article for IBEF.

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