Tag: India

Tata Power Creates ‘TP Renewable Microgrid’ World’s Largest Microgrid Company; Will it Disrupt India’s Power Sector in Next 10 Years?

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Tata, The Rockefeller Foundation Plan 10,000 India Microgrids. TATA Power will set up a new unit, TP Renewable Microgrid Ltd., to build the microgrids through 2026 that will serve nearly 5 million homes in India’s countryside & impact 25 million people. Tata Power continues to transform itself and be at the forefront driving the Energy […]

TURBULENT TIMES AHEAD FOR INDIAN AVIATION SECTOR: FINANCIAL HEADWINDS FOR INDIA’S AIRLINES INDUSTRY

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The airline industry has always struggled to take off. Just in India, over 12 airlines have been grounded in the last 20 years, and this is despite the fact that the Indian aviation market has seen a mammoth growth in this same period. The global trends have been no different. Through my first insight story, […]

World Bank Says India to Face Severe Economic Slowdown cuts; GDP Growth Forecast to 6%

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The World Bank has slashed India’s GDP growth forecast for the current fiscal to 6% from 7.5%. India’s economic slowdown is “severe,” largely due to external and cyclical factors, including a decline in consumption, the Washington-based institution said. Moreover, the financial sector is becoming a “drag” on growth. Earlier, the RBI and rating agency Moody’s […]

Amid India’s Massive Economic Slowdown; Indian Consumer Spending on E-Commerce Sites has fallen by 25 Percent in First Half of 2019

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Consumer spending on e-commerce sites has fallen by a fifth in the first half of 2019, Economic Times reports, citing a Kantar report. Average spending is down 21% while average ticket size has dropped 27% over the previous year. The key categories of mobiles and fashion saw a 16-17% decline in buyer numbers. Companies are […]

FMCG Industry Crisis as Rural India stops spending, affected by Massive Economic Slowdown

People in rural India are holding back on items such as clothes, hair oil and biscuits, Business Insider reports, citing multiple research reports. That’s largely because rural wage growth reduced from 14.6% in 2013-14 to just 1.1% in 2018-19, an SBI Ecowrap study shows. Biscuits as a category, for instance, is growing at just 1%, […]

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