After the liberalization of air services in India air prices became competitive and cheaper. The airlines, as a result, could bring more passengers. The main shift was from the upper class train passengers. This was because the gap between upper class train fares and air fares narrowed. So the ailin...
The easy availability of good quality domestic coal has led to a reduction of costs involved in power production. This has reduced the burden on consumers in India. The downward swing of power prices can also be attributed to a series of coal sector reforms initiated recently. The initiatives to imp...
The healthcare industry in India is growing both in terms of revenue and employment. According to the IBEF, the overall Indian healthcare market is worth around $100 billion and is expected to grow to $280 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 22.9%. India is one of the top 20 ...
The Indian lighting industry is on a firm growth trajectory. The replacement of basic and inefficient incandescent, halogen, fluorescent lamps with modern LED lights will reduce electricity consumption. Indian lighting industry has witnessed a steady growth of over 10% in the past few years. There h...
When the globalization process had been going on, I can remember a section of my university teachers and also the mainstream media saying that India’s depleted foreign exchange was the main reason behind the implementation of an open economy system or a global economic system at the beginning of 1...
