focused sectors

SKILL DEVELOPMENT

Skills development is an area that spans across all sectors of the economy. From manufacturing to services and agriculture, skilled labour is a key requirement to fuel the growth engine of any economy. The key stakeholders in skills development are the Industry (both the Service and the Manufacturing sectors), labour, Academia, and the Government.

India’s skill development initiatives of skilling approximately 500 million people will not only benefit India but also make India the ‘global manpower hub’. Among the developing countries of the world, India has the highest potential to meet the skill gap with its large, young, English speaking population. The world shortage of skilled manpower will stand at approximately 56.5 million by 2020 . With a target of skilling 500mn by 2020, India can not only fulfill its own requirements but can also cater to the labour shortages in other countries such as the U.S., France and Germany. Presently 80% of the workforce in India (both rural and urban) does not possess any identifiable or marketable skills. GR foundation with the help of Academia, Government and Industries collaboration aims at bridging this gap (through the various skill development initiatives) and industry driven training which will contribute in making India a global hub for skilled manpower which would result in a surplus of skilled manpower and employment generation.

PHARMA

Indian pharmaceutical sector accounts for about 2.4% of the global pharmaceutical industry in value terms and 10% in volume terms. The sector increased at a CAGR of ~13% over 10 year period and is expected to grow at a CAGR of ~22% to reach USD 55 billion by 2020. By 2020, India is expected to be 6th largest market globally. 75% of the world’s vaccines are manufactured in India. Government aims at making India a major hub for end to end drug discovery and plans to setup venture capital funds by providing support in terms of world class infrastructure, internationally competitive scientific manpower for pharma R&D and venture fund for research in the public and private domain. GR Foundation aims at envisaging a strong growth trajectory for India, by way of promoting various R&D activities, innovations, project work with government, Academics, Industries for partnership in Innovations and Research by undertaking various projects, R&D industry, skilled manpower to make the country hub of pharmaceutical industry in the swift stride of globalization.

SME

SME sector has been playing an important role in socio-economic development of the country. The sector continues to demonstrate resilience in the face of changing global and domestic economic scenario. The importance of SMEs is reflected in their ability for employment generation, relatively lower capital requirement and promotion of industrial development in rural areas. Small and Medium Enterprises (SME) sector has emerged as a highly vibrant and dynamic sector of the Indian economy and hence are considered as backbone of Indian economy.

As India embarks on a new wave of economy, provided by the momentum created by the ‘Make in India’ a new kind of ecosystem is developing to support young aspirants, providing opportunities to MSMEs, encouraging entrepreneurs. GR Foundation aims to bring forward the young aspirants, MSMEs, women entrepreneurs on a common platform to integrate, create awareness, connect SMEs with right Funding, E-commerce and Digital platforms in collaboration with Government, Academics and Industries thereby facilitating them for B2B, B2G meetings and various other opportunities that demonstrate dominance, encourage excellence, showcasing success and igniting inspired minds, which would become entrepreneurs & large scale industries of India tomorrow.

INFORMATION TECHNOLOGY

Information Technology (IT), a knowledge-based industry, has the tremendous potential of becoming an engine of accelerated economic growth, productivity improvement for all sectors of the economy and means of efficient governance. It enhances access to information, protects consumers, provides access to government services, makes skill formation and training more effective, improves delivery health services, and promotes transparency. It provides tremendous employment potential and linkages between government and the people both at the rural and urban level. Investment in knowledge based industries will determine the level of the country’s dominant position in the world economy in the next two decades.

INTELLECTUAL PROPERTY

Knowledge matters and so does its protection. The increasing importance of intangible assets (as a source of Competitive advantage for a Nation) has made the intellectual property (IP) system increasingly attractive and, in many cases, indispensable for all economic agents. Intellectual property (IP) is a key consideration in day-to-day business decisions. New products, brands and creative designs appear almost daily in the market and are the result of continuous human innovation and creativity. While Indian industry has been increasingly realizing the importance and benefits of IP creation and protection, the Indian Government has been doing their best in creating conducive environment by upgrading infrastructure and bringing in policy level initiatives in the country which has resulted in sweeping changes in IP culture and administration in the Country.

GR Foundation recognizes the true value of intellectual property rights in the spawning of grassroots innovations, traditional knowledge practices by empowering the knowledge rich, economically poor grassroots innovators and traditional knowledge holders. It aims to converge all the stakeholders at a common platform for reaching to the sustainable solutions Balancing Innovation and Access in various sectors of the industry to increase its industrial competitiveness.

GEMS & JEWELLERY

India is one of the largest exporters of gems and jewellery. This industry is considered to play a vital role in the Indian economy as it contributes a major chunk to the total foreign reserves of the country. The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 6-7 per cent of the country’s GDP. One of the fastest growing sectors, it is extremely export oriented and labour intensive. India offers the twin advantages of skilled labour and low cost in the area of gemstone processing. To boost the Gems & Jewellery sector in concurrence with the support from Government & Industry and through Academics exploring new innovations and skilled manpower in this sector, GR Foundation aims to support this sector by way of meeting the objective of “skilled human capital supply gap” advocating for brining in relevant sectoral reforms by way of encouraging entrepreneurs to adopt corporate governance models, technology driven approaches, implement modern day marketing strategies in their relevant units so that they expand in a compliant fashion. It also helps in conceptualizing research, recommendations and activities viz events, projects, summits etc. These initiatives undertaken shall show exemplary results contributing to the growth of this sector.

AGRICULTURE

India has made impressive strides on the agricultural front during the last three decades. Much of the credit for this success should go to the several million small farming families that form the backbone of Indian agriculture and economy. Policy support, production strategies, public investment in infrastructure, research and extension for crop, livestock and fisheries have significantly helped to increase food production and its availability. Though 60% of the population depends on Agriculture this sector still needs to achieve a satisfactory growth. GR foundation aims at providing research and knowledge based support to this sector through innovative methods/techniques for agriculture produce, promoting organic farming to become globally competitive through effective means of collaboration with Government, research and private industries partnership.

FOOD PROCESSING

Changing demographic profile coupled with increasing disposable income of middle class families is fuelling growth of Food processing and allied sectors in India. During past decades the sector has grown at a CAGR of 10 per cent and estimated to be at US$ 200 billion by 2018. Realizing potential for growth in this sector, Union and State Governments in India have enabled favorable policy environment for attracting investment to the Food Processing Sector. As a result there is splurge for investment into infrastructure, R&D, technology, food safety, manufacturing, logistics and skill development in food processing sector. With this background GR foundation aims to bring on a common platform the national and international stakeholders, Research/ Academics, representatives from union and state governments, investors, policy makers, industry leaders, trade bodies & associations food technologists, food safety experts to share their knowledge for the development of this very important sector.

DAIRY

Today, India is 'The Oyster' of the global dairy industry. It offers opportunities galore to entrepreneurs worldwide, who wish to capitalize on one of the world's largest and fastest growing markets for milk and milk products. A bagful of 'pearls' awaits the international dairy processor in India. The Indian dairy industry is rapidly growing, trying to keep pace with the galloping progress around the world. As he expands his overseas operations to India many profitable options await him. He may transfer technology, sign joint ventures or use India as a sourcing center for regional exports. The liberalization of the Indian economy beckons to MNC's and foreign investors alike. GR Foundation plays a proactive role in assisting industries through Government and academic support in innovation, research and also conceptualization through strategic partnership.

FORESTRY

GR Foundation aims at preservation, maintenance, enhancement of forests and the optimum utilisation of forest resources to attain national welfare. It supports all such initiatives in collaboration with Government, seeking support from industry participation and research associates and academia for effective, innovative and encouraging means to preserve the national conservation of Forests.

EDUCATION

It goes without saying that education provides a strong foundation to both society and country. India has world’s largest youth population and 406.9 million persons are in the age group 03-18years (Census 2011). To prevent this vast pool of human resource from turning in to a liability, it is significant to provide them with opportunities and create environment for their growth and development. Balancing the demands of quantitative expansion with the needs of maintaining quality and equity have become the challenges facing education today. GR Foundation helps in the massive expansion and diversification of education at all the levels — through innovation, research and government – industry collaboration as it has been the pressing demands of the global ‘knowledge economy’.