{"id":31554,"date":"2024-07-24T13:05:05","date_gmt":"2024-07-24T07:35:05","guid":{"rendered":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/07\/24\/indias-pre-budget-2024-2025-a-golden-opportunity-for-global-collaboration-in-defence-and-healthcare\/"},"modified":"2024-07-24T13:05:05","modified_gmt":"2024-07-24T07:35:05","slug":"indias-pre-budget-2024-2025-a-golden-opportunity-for-global-collaboration-in-defence-and-healthcare","status":"publish","type":"post","link":"https:\/\/dailynewsindia.co.in\/index.php\/2024\/07\/24\/indias-pre-budget-2024-2025-a-golden-opportunity-for-global-collaboration-in-defence-and-healthcare\/","title":{"rendered":"India\u2019s Pre-Budget 2024-2025: A Golden Opportunity for Global Collaboration in Defence and Healthcare"},"content":{"rendered":"
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New Delhi (India) July 24 : <\/strong>Mrs. Asma Kahali<\/a>, International Consultant and Director of Administration at Rimbaa Rayaa World Solutions Pte. Ltd., a leading Singapore-based defence trader and facility mobilisation company, shared her positive outlook on India\u2019s Pre-Budget 2024-2025 initiatives. Her insights highlight the immense potential for international collaboration and innovation in the defence and healthcare sectors.<\/p>\n

\u201cAs a global consultant in defence and healthcare, I\u2019m highly impressed by the strategic vision in India\u2019s Pre-Budget 2024-2025. Prime Minister Modi\u2019s initiatives to attract foreign technologies in these industries are commendable and forward-thinking.<\/p>\n

The substantial increase in the Ministry of Defence budget to INR 6.21 lakh crore underscores India\u2019s commitment to modernizing its defence capabilities. This significant investment, paired with the \u2018Atmanirbhar Bharat\u2019 (Self-Reliant India) initiative, provides a fertile ground for international collaborations and technology transfers. The focus on deep-tech technologies for defence is particularly exciting. It offers numerous opportunities for companies like ours to contribute cutting-edge solutions and expertise. The government\u2019s balanced approach to indigenization and openness to foreign partnerships creates a win-win scenario for both Indian and international players.<\/p>\n

In the healthcare sector, initiatives to strengthen R&D and promote domestic manufacturing of medical devices are equally promising. The Production Linked Incentive (PLI) scheme and the development of MedTech Zones showcase India\u2019s dedication to becoming a global hub for medical innovation. The focus on emerging technologies such as AI, IoT, and blockchain in healthcare presents immense opportunities for tech-driven solutions. As a Singaporean company, we see great potential in collaborating on these fronts, bringing our expertise to contribute to India\u2019s healthcare transformation.<\/p>\n

Prime Minister Modi\u2019s vision of a \u2018Self-Reliant India\u2019 is not about isolation but an invitation for meaningful partnerships. The liberalized FDI policy, allowing 74% investment through the automatic route in defence, is a game-changer for companies like ours. It facilitates easier entry and deeper engagement with India\u2019s burgeoning market.<\/p>\n

Overall, this budget sets the stage for robust growth in both defence and healthcare sectors. It strikes a balance between the need for self-reliance and the benefits of global collaboration. We at Rimbaa Rayaa World Solutions are excited about the prospects of contributing to India\u2019s journey towards becoming a global powerhouse in these critical sectors.\u201d<\/p>\n

This perspective by Mrs. Asma Kahali emphasizes the strategic importance of international collaborations and technology transfers, positioning India as a key player in the global defence and healthcare industries.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

New Delhi (India) July 24 : Mrs. Asma Kahali, International Consultant and Director of Administration at Rimbaa Rayaa World Solutions Pte. Ltd., a leading Singapore-based defence trader and facility mobilisation company, shared her positive outlook on India\u2019s Pre-Budget 2024-2025 initiatives. Her insights highlight the immense potential for international collaboration and innovation in the defence and…<\/p>\n

Read More “India\u2019s Pre-Budget 2024-2025: A Golden Opportunity for Global Collaboration in Defence and Healthcare”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":31555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[639],"class_list":["post-31554","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-health","tag-health"],"_links":{"self":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/31554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=31554"}],"version-history":[{"count":0,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/posts\/31554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media\/31555"}],"wp:attachment":[{"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=31554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=31554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailynewsindia.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=31554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}