Advantage India
Robust
Demand
* As per the Economic Survey 2022, India’s GERD as a percentage of GDP stood at 0.66%.
* Expanding middle-class and increasing affordability are demand drivers for technologically advanced products.
Attractive
Opportunities
* India is the top exporter of IT products, has the third-largest pharma sector and a fast-growing contract research segment.
* India stands third globally in the number of peer-reviewed science and engineering publications.
Policy
support
* In September 2021, India published the amended Patents Rules (2021) and reduced fees by 80% for educational institutions.
Rising
Private Activity
* Establishment of CoEs in various areas. NMITLI initiative on PPP basis.
* Increased investment by private players. Setting up R&D centres.
Tata Consultancy Services (TCS)
Tata Consultancy Services (TCS) is an IT services, consulting and business solutions organisation that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led integrated portfolio of IT, BPO, infrastructure, engineering, and assurance services. This is delivered through its unique Global Network Delivery Model (GNDM) recognized as the benchmark of excellence in software development.
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Biocon Ltd
Biocon is Asia's premier biopharmaceutical company that is driven by the vision to make a difference to global healthcare through improved access to high quality, lifesaving biotherapeutics by making them affordable for patients across the world. Biocon is among the few companies globally to have received approvals for its biosimilars from developed countries like the U.S., EU, Australia, and Japan. It’s credibility as a serious player in the biosimilars sector was first established with the Japanese approval for Insulin Glargine. The credibility was enhanced when Biocon, along with partner Mylan, became the first global company to get biosimilar Trastuzumab and Pegfilgrastim approved in the US in 2017 and 2018, respectively. It was also among the first few to receive Insulin Glargine approval in Europe and Australia for Insulin Glargine, both in partnership with Mylan. It also established its presence in key emerging markets through safe, effective, and high quality biosimilars including recombinant human insulin.
Read MoreHindustan Aeronautics Limited
Hindustan Aircraft Limited was incorporated on December 23, 1940, at Bangalore by Mr. Walchand Hirachand, a farsighted visionary in association with the government of Mysore with an aim to manufacture aircrafts in India. In March 1941, the government of India became one of the shareholders in the company, holding one third of its paid-up capital and subsequently taking over its management in 1942. The company had built aircraft and engines of foreign design under licence, such as Prentice, Vampire and Gnat aircraft. It also undertook the design and development of aircraft indigenously. Over 150 trainers were manufactured and supplied to the Indian Air Force and other customers. Two companies i.e. Hindustan Aircraft Limited and Aeronautics India Limited were merged on October 1, 1964 by an Amalgamation order issued by the Government of India and the company formed was named as "Hindustan Aeronautics Limited (HAL)". The principal business of the company was to design, development, manufacture, repair and overhaul of aircraft, helicopter, engines and related systems like avionics, instruments, and accessories.
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