CNN SHINES A SPOTLIGHT ON A VIBRANT, EVOLVING INDIA THIS NOVEMBER
Friday, November 25, 2016
Beginning this November, CNN shines a spotlight on the world’s fastest growing major economy, India.
Starting November 17, a series of vignettes titled India 20 Under 40 will feature 20 young Indian entrepreneurs who are re-shaping how India does business. A new entrepreneur will be featured every fortnight commencing with Rahul Sharma, CEO of Micromax one of India’s leading consumer electronics companies.
Starting November 28, a week of special programming India 2020 will take viewers to meet some of the entrepreneurs who are overcoming various obstacles and bringing their ideas to life in India. These include visionaries and innovators across diverse industries:
An iconic motorcycle brand
Royal Enfield is one of the world’s oldest motorcycle manufacturers with die-hard fans, who gather for weekend rides and huge festivals. The company was struggling when Siddhartha Lal took the helm back in 2000, at the age of 26. Now the Chennai-based company is expanding sales in the U.S. and Europe, and building a third manufacturing facility.
The future of manufacturing
The robotics industry is expected to double in India over the next 3-4 years. Hi-Tech Robotic Systemz is an up-and-coming company based in Gurgaon whose innovations include India’s first indigenous driverless car. The world’s first production brain controlled wheelchair, “Manav” is completely made in India by A-Set. As cutting-edge research continues to push the industry forward, CNN meets A-set’s Head of robotics and research Diwakar Vaish who is helping to lead the way.
Innovating from ancient tradition
Indian innovators are finding new inspiration from old ideas. Take turmeric: an ancient, and common, spice in Indian cooking is a hot commodity thanks to its applications in medicine and beauty products. The Himalaya Drug Company has a long tradition of creating products ranging from facewash to toothpaste, supplements to shampoo by applying scientific research to Ayurvedic principles. CNN catches up with CEO Philipe Haydon, who has helped transform the company, reaching consumers in 92 countries.
In India, two out of 10 people do not have access to electricity. Orb Energy manufactures and distributes solar energy systems with more than 100 branches across eight Indian states and employing about 500 people in the field. It’s opening a new factory to produce solar modules in Bangalore and aims to provide 2 gigawatts of solar energy by 2022, or 5% of the national total.
Creating new opportunities
India’s animation and VFX industry grew nearly 14% in 2015, and is projected to be a US$1.6-billion industry by 2020. One such leading studio is Makuta VFX. It’s working on the sequel to Baahubali, one of India’s highest grossing movies. Makuta is based in Hyderabad, which is trying to position itself as a hub for gaming and animation. The government has broken ground on a new facility to house more than 200 startups in multimedia and entertainment, and recently launched an initiative to connect those emerging companies to the global marketplace.
November also marks the launch of a fully dedicated CNNMoney India subpage devoted to covering business and economic news coming out of the country. CNNMoney is one of the world’s top business and financial online news destinations attracting 46 million visitors across desktop and mobile web sites, 51 million video starts and 195 million page views globally every month.* India is a bright spot in a struggling global economy, with a dynamic entrepreneurial spirit and a significant opportunity for big multi-national companies looking for new markets. The launch of CNNMoney India underscores CNNMoney’s commitment to bringing global audience the latest economic developments from India and will highlight the most exciting young innovators from the region, and the successes and challenges of doing business here.
*Source: Adobe Analytics (October 2016)
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Airtimes: Hong Kong, Beijing, Kuala Lumpur, Manila, Singapore and Taipei
India 20 Under 40
India 20 Under 40 airs from November 17 within CNNMoney with Maggie Lake airing from 10:00 PM to 11:00PM from Monday to Friday
Airs in the week of November 28
Half hour special airs:
Friday December 2 at 2330 HKT
Saturday December 3 at 8:00 HKT
Sunday December 4 at 9:30 HKT
Wednesday December 7 at 5:30 HKT
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