Copper LME prices jump 55% from March 2020 lows Consumption improves in H1, 2020, with China coming to the rescue Lower supply, slow but persistent demand push the commodity into extended deficit   Copper, the reddish-brown metal as been on a run over the past few months with prices at the major LME 3-month forward benchmark riding higher above the US$ 6,500 per MT mark...

  India's Shrimp Production and Exports seen dropping in 2020 Covid-19 pandemic takes a toll on shrimp production and demand in India and globally Outlook and expectations on demand and supply in latter half of 2020   India’s long coastline panning over 8,000+ Kms across the Southern, Eastern and Western space helps the country to be of the one of the major...

  Overview of the Indian Engineering Industry Current state and performance   The Indian Engineering industry comprises broadly of two segments: heavy engineering and light engineering. The sector has emerged as the largest contributor to India’s total merchandise exports and contributes 2.5% to the GDP of the country. Moreover, India’s engineering industry accounts...

  Introduction to Biosimilar Factors contributing to rapid growth of Biosimilar sector.   A decade ago, the global pharmaceutical market was dominated by small molecule drugs. However, complex molecule drugs or biologics have now gained a significant market share. In 2019, it was not small molecule but a biologic, Humira (adalimumab), which clocked sale of US$ 19.9...

  President Trump declares a ban on TikTok if US operations not sold to an American company by 20 th September TikTok chooses Oracle over Microsoft   For the past few months TikTok has been in news for all the wrong reasons. From being a rage of sorts, TikTok has gone from being a viral app that attracted hundreds of millions of users to being deemed a national...

  Overview of the Chemical sector in India Current state and performance Outlook   Overview and Performance India is the sixth largest producer of chemicals in the world and contributes 3.4% to the global chemical industry. The chemicals industry is a knowledge intensive as well as capital intensive industry. It includes basic chemicals and its products,...

  Overview of metals industry in India Current state and performance Outlook   Overview and Performance Basic Metals & Metal Products industry is one the largest industry in India. India ranks 2 nd in crude steel production globally with an output of 111.2 Million Tonnes in 2019. Crude steel production and finished steel production stood at 108.5 MT and...

  Overview of Infrastructure sector in India Current state and performance Outlook   Textile Industry is one of the largest contributors to the country’s exports with around 11.4% share in India’s total export earnings for the fiscal period ended 2018-19 valuing to nearly USD 37.5 billion (INR 2,596 billion) and growing at a CAGR of 7% since 2004-05. The industry...

  Overview of Infrastructure sector in India Current state and performance Outlook   Overview Infrastructure sector is the cornerstone of the Indian economy and plays an important role in accelerating the growth of India’s overall development. The sector covers wide range of sub-groups namely power, roads, ports, railways, telecommunication amongst others....

  Impact of Covid-19 on the office furniture market The road ahead   Office furniture is specially designed for use in commercial and corporate workspaces such as workstations, conference rooms, cafeterias, and lounges which include seating furniture, storage units, overhead bins and tables being some of the basic furniture items that help in enhancing aesthetics of...

  Lead refined metal consumption records surplus of 78,000 MT in Jan-Jun 2020 period Lead LME prices decline to 5-year lows, though register pullback in last few months Automotive sector, which generates larger share of demand for Lead, likely to see weaker demand for the full year   Lead, the battery metal has been on a downward spiral since its intermittent peak...

  FAA allowed testing of 737 MAX in June 2020, airplane likely to hit the skies by the end of the year Will customer confidence impact the acceptance of the 737 MAX or will fuel-efficiency of the aircraft attract airlines to stick to the model in such lean times   Much like the aviation industry, the first half of 2020 has not been kind to Boeing either. Since the...

  Japanese economy slumps for the 3 rd straight quarter Government rolls multi trillion-dollar stimulus package to support the ailing economy Some green shoots visible, but economy not out of woods yet   Japan, the world’s third largest economy registered sharp drop in GDP performance during the Apr-Jun quarter, following the trend in other major countries around...

  Worldwide airline revenue is expected to plunge by half from 2019 levels, worst in the history of aviation industry Virgin Atlantic is the latest in string to file for bankruptcy protection   COVID-19 pandemic has left many companies from an array of different industries on the verge of extinction. Amongst all, the aviation industry has been one of the hardest hit,...

  Amazon’s sales for the Jun 20 quarter jumped by whopping 40% Proving to be one of the biggest beneficiaries of the COVID-19 pandemic   The global leader in online retail – Amazon has reported blowout second quarter earnings, including a huge beat on the top line with double-digit revenue growth year-over-year, helped by surging sales volumes amidst the coronavirus...

  Overview of the United States economy during the lockdown restrictions. Sector-wise contractions as a result of economic downturn emanating from subdued economic activity. Recovery of the economic activity post ease of lockdown restrictions.   In 1958, the Gross Domestic Product (GDP) of the world’s largest economy- United States declined by 10 percent amidst...

Online apparel & accessories retailers flourish despite the pandemic The road ahead The spread of the Covid-19 virus has seen varied sectors across several economies practically come to a halt. While governments globally have had to enforce shutdowns in an attempt to contain the spread, the slow-down in retail activity has only battered their economies. Globally, and...

  Surge in online grocery delivery in the US amidst Covid-19 Growth of Instacart   Thousands of businesses across industries are forced to shut down, work with reduced operations or announce partial closures due to outbreak of Corona virus in the US and around the world. Nevertheless, one sector that has seen an exceptional growth during these tough times is online...

  How Tesla managed to become the most valuable auto company globally? Tesla’s innovation is defining new era for the global auto industry   Formed merely 17 years ago, Tesla has now become the world’s most valuable car company with USD ~300 bn in terms of valuation. The company has not just created battery-powered electric vehicles that are overtaking old-school...

  Silver prices at Spot and futures market move to multi-year highs Safe haven demand amidst the Coronavirus pandemic driving gains in Bullions Physical and institutional demand stay strong for the commodity     Bullion prices have been on the tear for the last few months with prices of both Gold and Silver registering strong performance in the futures and...