India

News and Trends

India-Israel Economic Partnership: Expanding Trade, Investment, and Innovation

The discussions culminated in the identification of five key strategies to enhance the economic partnership between India and Israel:

News and Trends

India's Pharma Exports To Reach $350 Billion by 2047: Report

The global pharmaceutical industry is valued at approximately $1.6 trillion, while India's market stands at $55 billion, projected to grow to $120-130 billion by 2030.

News and Trends

MSME Sector Shows Strong Business Confidence in Q3 FY2025: SIDBI Survey

SIDBI's MSME Outlook Survey offers valuable insights into the sector's evolving dynamics, reinforcing the crucial role of MSMEs in India's economic growth. With strong business confidence and an optimistic outlook, MSMEs are poised to paving the way for a more resilient and self-reliant economy.

News and Trends

India's Automobile Sector to Witness Tempered 1.5% Growth Outlook in FY25: Report

At the beginning of the year, the PV market experienced a temporary boost driven by channel filling, following strong retail sales and reduced inventory levels in December. However, this momentum is unlikely to be sustained as rising discounts are expected to dampen market growth in the coming months.

News and Trends

Union Budget 2025: Empowering MSMEs as Catalysts for Economic Growth

With MSMEs contributing approximately 36 per cent to manufacturing output and 45 per cent to exports, the sector's role in achieving the vision of 'Viksit Bharat' is undeniable.

News and Trends

India's GDP Growth Projected to Slow in FY26: Report

India's GDP growth is set to decline to 6.4 per cent in 2024-25, the slowest pace in four years. This marks a sharp drop from the 8.2 per cent growth recorded in FY24, when India remained the fastest-growing major economy. The economy expanded by 7.2 per cent in 2022-23 and 8.7 per cent in 2021-22.

News and Trends

India's Foreign Direct Investment Rebounds, But Net Inflows Remain a Concern

The services sector remained the top recipient, accounting for 19.1 per cent of total equity inflows in the first half of FY25.

News and Trends

India's Exports to U.S. Hit $60 Billion in 9 Months

The bilateral trade volume for April-December 2024-25 reached $93.4 billion, marginally trailing the $94.6 billion recorded between India and China, showcasing the U.S.'s importance as India's primary trading partner since 2021-22.

News and Trends

Stakeholders Expect Budget to Capitalise on India's Momentum and Improve Credit Access to Businesses

Although India maintains its position as one of the biggest economies in the world, GDP growth has recently plummeted to a 7-quarter low of 5.4 per cent in the second quarter of FY25.

News and Trends

PM Modi Highlights Auto Sector Growth Drivers at Bharat Mobility Global Expo 2025

The Bharat Mobility Global Expo 2025, which runs from January 17 to 22, spans three venues: Bharat Mandapam and Yashobhoomi in Delhi, and India Expo Center and Mart in Greater Noida.

News and Trends

Government's Spectrum Reforms to Boost Mobile Services by 2028: COAI

With India's digital economy poised for exponential growth, the spectrum reforms mark a key milestone in ensuring robust and reliable telecom services for the nation.

News and Trends

India to Grow at 6.7% in FY26, Outpacing Global Growth of 2.7%: World Bank

Despite these positives, India's growth is projected to decelerate to 6.5 per cent in FY25 from 8.2 per cent in FY24, reflecting weaker manufacturing growth and a slowdown in investment.

News and Trends

Healthcare, IT, and Finance to Witness Significant Growth, Expected to Offer Attractive Returns: Report

Through the outlook, CA forecasts a cautious optimism, amidst a "transitional economic phase."

News and Trends

India's Industrial Growth Hits 6-Month High; IIP Surges 5.2% in Nov'24: Report

The industrial sector faces a tempered outlook, with advance estimates projecting a reduced growth rate of 6.2 per cent for FY25, down from 9.5 per cent in FY24, due to base effects. However, signs of recovery are emerging.

News and Trends

Domestic Investments Primary Driver in Real Estate with 70% Share in Total Equity Investments in CY24

CBRE South Asia Pvt Ltd, a real estate consulting firm has unveiled a report named 'Market Monitor Q4 2024 – Investments', highlighting that Singapore, USA, and Canada dominated the foreign equity investments in the Indian real estate market in CT 2024.