CREAT FOUNDATION TRUST
Promoting prosperity through cultural, trade and education exchange.
The CREAT Foundation Trust was established in the year 2019 with the aim of further augmenting the ties between India and the world. We began our journey with the vision to become a trusted and stable medium that would enhance the historical connections of India with that of the world and amplify it in the present and future to keep up the steady pace towards cooperation and development. Our objective is to envision better avenues for knowledge sharing, cultural exchange and commercial interactions by establishing people to people relationships between the citizens of the world.
“ What we are today comes from our thoughts of yesterday, and our present thoughts build our life of tomorrow: our life is the creation of our mind.”
The Global Connection
India’s culture and traditions are being recognised and followed world over. Yoga and meditation is followed by people all over the world and it is a common sight to see tourists visiting India to stay and learn at yoga retreats. Indian cuisine is famous for its spice and flavours. Chefs from all over the world visit India to learn our cooking styles.
With the 2020 pandemic, the Indian style of greeting with a Namaste instead of shaking hands is popular over the world so much that you will find global leaders using it often. India is a talent pool like no other in the world. Indians hold leading positions in some of the top companies of the world. India is consistently investing in science and technology and R&D initiatives. India also ranks amongst the top five nations of the world in space exploration.
India’s media and entertainment is another sunrise sector. AVGC sector is rapidly growing and is aided by government policies as well as consumer demand. Media is consumed by audience across demographics and various avenues such as television, films, out-of-home (OOH), radio, animation, and visual effect (VFX), music, gaming, digital advertising, and print. Indian movies have a global appeal for their grandeur, larger than life characters and most importantly song and dance. Global film industry has a special interest in India for it’s sheer number of viewers. Digital streaming platforms have given access to the Indian content to the world at large and vice versa. Indian films provide tourism exposure to other countries by choosing their exotic shooting locations and ending up promoting them. Indian film industry is one of the major contributors to the Indian economy.
Our recent history also celebrates names like Mother Teresa, Indira Gandhi, Kalpana Chawla, Sunita Williams, Sachin Tendulkar, Priyanka Chopra, Sadhguru, Tenzing Norgay, Sania Mirza, Mahendra Singh Dhoni to name a few, who have not just earned a name for themselves but made the country proud in their respective fields.
With neighbourhood first policy, India has emerged as a prominent regional power and is swiftly emerging as a global power. India is stepping up in a more active way and the Indian government has defined India’s position as that of the leading power on the world stage. Indian policies no longer define reacting to the world events but playing an active role in shaping them.
The Present Commonalities
India has also established itself as a leader in technological development and ranks as the third most attractive investment destination for tech in the world. Through scientific research, India sees significant investment and growth in agriculture, healthcare, space research and nuclear power.
India is increasing its contribution to the world food trade every year Essential agricultural commodities export for the April-September period of 2020 increased by 43% to Rs. 53,626 crore (US$ 7.3 billion) over Rs. 37,397 crore (US$ 5.1 billion) in the same period last year. According to the Department for Promotion of Industry and Internal Trade (DPIIT), the Indian food processing industry has cumulatively attracted Foreign Direct Investment (FDI) equity inflow of about US$ 9.98 billion between April 2000 and March 2020.
India became the fourth largest auto market in 2019 displacing Germany with about 3.99 million units sold in the passenger and commercial vehicles categories. India is expected to displace Japan as the third largest auto market by 2021. The industry has attracted Foreign Direct Investment (FDI) worth US$ 24.5 billion between April 2000 and June 2020, according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT). Also according to DPIIT FDI inflow into the electronics sector stood at US$ 2.79 billion.
Med-tech or medical devices sector in India is being recognised as the as the sunrise sector, Currently it is USD 11 Bn market size which is expected to go upto USD 50 Bn till 2025. It is top 20 medical devices market and fourth largest in Asia. It is in growth phase and potential has not even been fully recognised. Manufacturing capabilities are not yet mature enough in India and currently this sector is dependent on imports. It is interesting to see that 4000+ health tech startups based out of India.
Travel and tourism is a s sector that is growing aggressively. It forms an important part of India’s GDP and the job creation. India has seen a significant growth rate in aviation sector as well. According to WTTC, India ranked 10th among 185 countries in terms of travel & tourism’s total contribution to GDP in 2019. During 2019, contribution of travel & tourism to GDP was 6.8% of the total economy, ~ Rs. 13,68,100 crore (US$ 194.30 billion). Hotel and Tourism sector received cumulative FDI inflow of US$ 15.48 billion between April 2000 and June 2020.
“ I slept and dreamt that Life was Joy, I woke and saw that Life was Service. I acted and behold, Service was Joy. ”
~ Rabindranath Tagore
A Collaborated Future
Important International groups India is a member of -
BRICS: Brazil. Russia, India, China, South Africa formed in 2009 and seeks to deepen the coordination amongst it’s member countries for sustainable, equitable and mutually beneficial development.
SCO – Shanghai cooperation organisation with members being China, Kazakhastan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan, Indian and Pakistan apart from focusing on military cooperation also promotes cooperation in trade, research and technology, culture, education, energy, transport, tourism, environment protection etc.
India is also a part of Commonwealth of Nations which is headed by Queen Elizabeth and has 54 independent countries as its members.
G20 – India is also a part of the G20, 19 countries and the European Union with representatives of IMF and world bank. The main agenda of this group is global economy. Financial markets, tax and fiscal policy, trade, agriculture and employment are also given important in this group.
SAARC: South Asian Association for Regional cooperation comprises of 8 members namely Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. The objective of this is to promote welfare, accelerate economic growth, promote and strengthen collective self-reliance among the countries of South Asia.
India is also a part of the World Economic Forum that works towards shaping regional, global and industry agendas while engaging leaders in political, business, cultural and there facets of an economy.