Mayank Chandrakar India Blog

Introduction  Walk into an Apple store almost anywhere in the world, pick up the latest iPhone, and you're increasingly likely to see those three powerful words: "Assembled in India." What started as a tentative step a few years ago has exploded into a full-fledged manufacturing revolution. Apple Inc., the world's most valuable tech company, is betting big on India, rapidly transforming the country into a major global hub for iPhone production. Recent data and landmark announcements, including statements directly from CEO Tim Cook, confirm this seismic shift. In the fiscal year ending March 2025, Apple assembled a staggering $22 billion worth of iPhones in India , a massive 60% increase from the previous year. This surge means India now accounts for 20% – or one in every five – iPhones produced globally . This isn't just about moving assembly lines; it's a strategic realignment with profound consequences for India's economy, job market, technological capab...

  Introduction Global trade, the lifeblood of interconnected economies, is undergoing a period of profound transformation. The once predictable currents of international commerce are now subject to turbulent forces, demanding that businesses and policymakers alike adapt to a rapidly evolving landscape. Understanding these shifts is crucial for navigating the complexities of the modern global economy. The Resurgence of Protectionism: A Retreat from Open Markets One of the most prominent and concerning trends is the resurgence of protectionism. This movement, characterized by the erection of trade barriers like tariffs, quotas, and regulatory hurdles, signals a retreat from the open market principles that have underpinned global trade for decades. Drivers of Protectionism: Economic Nationalism: A growing sentiment that prioritizes domestic industries and jobs over international cooperation. Geopolitical Rivalries: Escalating tensions between major powers, leading to trade as a w...

  Introduction Small businesses are the backbone of any economy, but they are often the hardest hit during tough economic times. In this blog post, we will discuss the challenges that small businesses face in a tough economic climate and what can be done to help them. The Challenges Facing Small Businesses Small businesses face many challenges during tough economic times. These challenges include: Reduced consumer spending : During tough economic times, consumers tend to cut back on their spending, which can have a significant impact on small businesses. Increased competition : As larger companies struggle to stay afloat, they may start targeting the same customers as small businesses, leading to increased competition. Difficulty accessing credit : Small businesses may find it challenging to access credit during tough economic times, making it difficult for them to invest in their business or cover their expenses. What Can Be Done t...