2017-18: Setting the growth trampoline

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Publisher's Note

2017-18: Setting the growth trampoline

Dear Readers,

The process of remonetization is 'almost normal' now, and the focus is back on GST. The Union Budget also kept to the straight and narrow with a rigid focus to move towards less cash economy and bringing transparency in value chain through digital payments & GST. This issue covers interesting Perspective given by Industry leaders across sectors about the budget.

When Trump won the US elections, our PM announced a surgical strike on black money. Economy came to an almost standstill. Analysts share their views on the impact across sectors during the last 100 days of remonetization. Trump’s ‘America First’ has created an outrage across the world. Nick Miller of Crimson & Co, UK, talks about what companies with global supply chains should do in a world trumped for trade.

When we were planning this issue, and got confirmation of an interview with Mr Pankaj Munjal, Chairman & MD, Hero Cycles, a tussle between the Yadav father-son duo was going on for the cycle symbol in the state of UP. Mr. Munjal is working towards global dominance in the bicycle sector, through in-house innovations as well as acquisitions.

Ministry of Consumer Affairs has created new guidelines for the Direct Selling Industry. This will give a huge boost to companies like Amway using direct selling as their core channel. This will also bring many aspiring entrepreneurs to look at getting into direct selling channel as a serious option.

With the optimism and ambitions that Indians are famous for, corporates in India are moving on with their plans to expand, to capture new markets in India & abroad and roll out new products and product extensions.

God Speed!

Charulata Bansal


[email protected]


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