The UK-based Global Innovation Fund, which invests in innovations targeted at improving the lives of the poorest people in developing countries, has pumped in millions to back an Indian farm mechanisation project.

EM3 AgriServices, India’s leading private sector farm mechanisation services company, has raised a $10 million Series B round from London-based Global Innovation Fund (GIF) and existing investor Aspada. The company had earlier raised a $3.3 million Series A from Aspada in June 2015.

Re-skilling and up-skilling must go hand-in-hand with tech advances in India, writes a digital expert.

Last month, the lead singer of 70s band Talking Heads, David Byrne, wrote in the ‘MIT Technology Review’ about how tech is eliminating humans. With AI, autonomous vehicles, robots, automated self-service check-outs, and lots more, he says the art of human interaction will die away, since there will be no humans doing the traditional jobs of serving customers. But what does that mean for India, where there are over a billion people: if tech will replace all the manual jobs that give people a daily living, what will they do?

Corporate social responsibility (CSR) observers weigh up how CSR in India is different from the rest of the world.

A majority of Fortune 500 companies have a base in India and according to a Bain analysis report, between 1991 and 2012, the number of MNCs in India more than quadrupled. And over 20 years, total MNC revenue grew at a compound annual rate of 18 per cent — faster than the overall economy.

The Budget has allocated almost $90 billion for building new infrastructure. This will help restart the stalled private investment cycle and spur demand but the absence of serious efforts to resolve the non-performing assets (NPA) problem in the banking sector will hurt.

Indian finance minister Arun Jaitley, who reiterated his earlier statement that private investment remains sluggish despite incentives, has done his bit to revive the entrepreneurial instincts of private entrepreneurs, both domestic and foreign, by announcing a massive $90-billion infrastructure building programme – covering roads, highways, railways, inland waterways, ports, rural infrastructure, broadband, toilets and more – that promises to boost corporate top and bottom lines, create jobs and fuel a consumption and demand revival.



He has also addressed the demand side by lowering income tax rates in the lowest slab from 10 per cent to 5 per cent.

India crossed the $300 billion mark at a time when the global economic slowdown has had a dampening impact. This speaks volumes of the opportunity India as an investment destination has to offer and how timely market reforms are creating a positive ecosystem for the international investor.

The government of India has taken up a series of measures to improve Ease of Doing Business in the country. The emphasis has been on simplification and rationalisation of the existing rules and introduction of information technology to make governance more efficient and effective. Today the international investor is all ears to the India story as never before. Almost every decision-making meeting globally has India on its agenda.

As Managing Director for South Asia and Vice-President, Sales & Marketing Group, of Intel Corporation, Debjani Ghosh is responsible for establishing new growth areas for the US-headquartered tech giant in the region. She works with governments and industry in South Asia to establish policies and initiatives that help accelerate the adoption of technology in the region, especially as an enabler of inclusive growth and development.

Two years into the Digital India, what is the experience of tech collaborators like Intel?

For nearly two decades now, Intel has been committed to digitally transforming India into an empowered society and knowledge economy with a focus on education, skill development and innovation. Now, with the government’s vision for a digital India, we’ve got a higher impetus to drive the next wave of computing among non-urban users, and make an impact at the grassroots level. Our experience shows that public private partnerships and local innovation are two of the key components to achieve the Digital India goals.

A new report tracks the opportunities for future technology collaborations between India and the UK to strengthen links in the areas of Smart Cities, Digital Healthcare and Advanced Manufacturing.

Today 30 per cent of India’s population resides in urban centres, with these centres contributing around 65 per cent of India’s GDP. It is projected that urban India will contribute about 75 per cent of the national GDP in the next 15-20 years, while the number of people residing in urban centres doubles to 600 million.

A policy expert analyses if India’s current rate of growth is any cause for worry or a sign of sustainable recovery.

India increasingly attracts positive attention from foreign sources. This is evident when one meets with groups of foreign investors who see India as an attractive investment opportunity. This renewed investor interest in itself is not surprising given the rather uncertain and downbeat conditions in a large number of advanced and emerging economies.

Amazon’s India chief presents case studies to show how the global e-commerce giant is using technology to evolve and transform lives in this exclusive article for ‘India Investment Journal’.

As a rule, Nadeem would come across as a predictable face in a ‘National Geographic’ documentary on Mumbai’s humming Dharavi. His job in a small leather workshop earned him just enough to meet household expenses. However, the changing growth dynamics brought him to his destiny; an opportunity to do business on his own through the ecommerce platform of Amazon’s Global Selling Program. Nadeem promptly registered on the platform and took off, listing original leather jackets at attractive prices. Today, Nadeem does business worth over $8,000 each month on Amazon.in and intends to focus more on expanding his online business.