Now Reading: Folks House becomes think tank for India’s next economy
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Folks House becomes think tank for India’s next economy
Folks House, a strategic advisory and wealth platform, has announced its evolution into an independent multidisciplinary think tank focused on India's economic transformation. The new entity will research forces shaping the country's next decade, including advanced manufacturing, digital infrastructure, energy transition, and intellectual property.
The think tank's formation comes as data shows medium- and high-technology activities now account for 46.3% of India's manufacturing value added. Patent applications filed in India surged 30.2% to 1,43,729 in FY2025-26, while data centre electricity consumption is projected to nearly double by 2030. Central government capital expenditure rose 92% between FY2019 and FY2022, from Rs 3.07 lakh crore to Rs 5.92 lakh crore.
Founder Nikhil Anand Khurana said the platform aims to develop conviction about India's economic direction and help businesses, investors and institutions navigate opportunities at the intersection of capital, technology, policy and intellectual property. The think tank will produce research papers, thematic studies and sector intelligence.
Indian Opinion Analysis
India already has several well-regarded economic think tanks, but most specialise in either public policy or pure economics. Folks House is unusual in explicitly linking research to capital deployment and wealth management through its parent ecosystem. The real test will be whether it can produce independent, critical analysis when its commercial interests are at stake. Patent filing growth of 30% in a single year is remarkable, but the base remains small compared to China or the US. The next signal to watch is whether Folks House attracts government or regulatory engagement, or remains a purely private-sector initiative.
Source: passionateinmarketing.com
This story was synthesised by AI from the source linked above. Methodology and corrections.
