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India Today Conclave: South s contribution to $5 tn-economy could be much higher, say experts

India Today Conclave: South s contribution to $5 tn-economy could be much higher, say experts Experts says south India has always played an important role in India s economic growth and manufacturing, IT, pharma, edtech and healthcare could drive the country s growth engine to realise $5 trillion economy dream BusinessToday.In | March 12, 2021 | Updated 15:05 IST Dr Sangita Reddy, Joint MD, Apollo Hospitals Group; R Seshasayee, Vice Chairman, Hinduja Group; B Santhanam, Chairman and MD, Saint-Gobain India, and K Ullas Kamath, Joint MD, Jyothi Laboratories Panellists at India Today Conclave-South 2021 on Friday discussed how South India could play a significant role in realising the country s $5 trillion economy dream. Speaking on the topic Self-reliant South: Cultural Capital or Ease of Business? , Dr Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, said for South India to play a leading role in contributing to India s $5-trillion goal, it has to focus on buildin

PLI scheme to boost exports, cut trade deficit: Prahalathan Iyer of India Exim Bank

PLI scheme to boost exports, cut trade deficit: Prahalathan Iyer of India Exim Bank According to India Exim Bank Research, during 2019-20, the cumulative exports from the 10 PLI sectors stood at $71.9 billion with significant untapped potential in the sectors Nidhi Singal | March 13, 2021 | Updated 00:25 IST An important step towards boosting investments in domestic manufacturing and cutting down import bills, the government s Production Linked Incentive (PLI) scheme will also help in enhancing overall India s competitiveness of manufacturing exports. The scheme was initially introduced for mobile and allied equipment, pharmaceutical ingredients and medical devices manufacturing, but has been now extended to several other sectors. It now covers a wide array of skill and technology-intensive sectors, including Advance Chemistry Cell (ACC) battery manufacturing, electronics (including telecom products, IT hardware, electronic components), automobile and auto components, bulk drugs

India Today Conclave: South s contribution to $5 tn-economy could be much higher, say experts

India Today Conclave: South s contribution to $5 tn-economy could be much higher, say experts
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