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Showing posts from January, 2024

Six reasons why India is poised to be a global leader in nutraceuticals

  By Lakshmipriya Nair Growing awareness about health and fitness was already paving the way for a thriving competitive landscape for nutraceuticals in India. An ASSOCHAM report released in 2018 predicted that “the Indian nutraceuticals market is expected to grow from $4 billion in 2017 to $18 billion in 2025.”  However, with ‘immunity’ becoming the new buzzword as the world battles the COVID-19 pandemic, the demand for nutraceuticals across the globe has increased manifold. A report from Technavio forecasts that the global nutraceuticals market is poised to grow by $180.38 billion during 2020-2024, progressing at a CAGR of almost nine per cent during the forecast period.  And, experts opine that this could set the scene for India to emerge as one of the most formidable players in this segment.  As Sanjaya Mariwala, Executive Chairman and Managing Director, OmniActive Health Technologies, points out, “There are two distinct market opportunities for the Indian nutraceutic

Reliance Jio Growth Strategy

Effectively 5 Pillars of Growth has been identified all hinging on green energy as input :   1.Jio 5G 2Jio Air Fiber 3Jio Smart Home Services 4.Jio True5 G Developer Platform 5.AI Plan   For 5G innovation, Reliance Jio also announced the Jio True5G Developer Platform, which was described as a platform for enterprises and the government to develop 5G applications and services. The company is also setting up a Jio True 5G lab at the Reliance Corporate Park in Ghansoli Mumbai Jio AirFiber Reliance Industries Chairman, Mukesh Ambani said that Reliance Jio will complete its 5G rollout by December this year. Announcing the rollout of one of the first applications on its 5G network, Jio AirFiber on September 19, the RIL Chair said, “With Jio AirFiber, we can supercharge this expansion with up to 150,000 connections per day which is a 10-fold increase, expanding our addressable market over the next three years to over 200 million high-paying homes and premises.” Reliance Jio Chairman, Akash Am