Reports

News and Trends

India Can Become Preferred Destination For Smartphones Manufacturing

The country needs to scale up local manufacturing, especially by India-based contract manufacturers

News and Trends

Why are MSMEs Still Unable to Access Newer Markets?

Roughly 70 per cent of MSMEs continue to prefer conventional methods of customer engagement, while only 13 per cent have adopted social media-based digital marketing

News and Trends

India-UK FTA Unlocks $1.2 Billion Export Opportunity for Indian Garments: Report

The new terms give Indian apparel exporters a 12 per cent advantage over China, the largest supplier to the UK, which has seen its share erode in recent years due to rising labor costs and global brands shifting to a "China Plus One" sourcing model.

News and Trends

AI Adoption, GCCs Growth Push IT Sector Hiring to 16% in April: Report

GCCs played a significant role in this growth, contributing over 110,000 new tech jobs in FY24- 25 and ramping up demand for roles like data engineering, DevOps, and enterprise architecture

News and Trends

India's EV Surge Accelerates in April 2025 with Record-Breaking Sales: Report

India's transition to sustainable mobility is gaining momentum, driven by consistent year-on-year growth in electric vehicle sales. As the infrastructure ecosystem matures, consumers are embracing EVs with increasing confidence, paving the way for a cleaner transportation future.

Business News

Here's How Much You Need to Make Per Year to Buy a Typical Home in the U.S., According to a New Report

The salary required to buy the average home is 70% higher than it was in 2019.

Business News

How Many Small Businesses Exist in the U.S.? Most Americans Have No Idea, According to a New Survey.

Over 80% of Americans misjudge the prevalence of small businesses, according to a new report.

News and Trends

India EV Sales Cross 20 Lakh in FY25, Two-Wheelers Lead with 50% Market Share: Report

With sales growing across categories and regions, the shift to electric is well underway.

News and Trends

India's Auto Sector Hits New Highs: Report

The uptick in sales project a burgeoning middle class with higher disposable income. But as always, global geopolitical conditions and supply chain dynamics will remain crucial watchpoints going forward.

News and Trends

MSMEs Will Retain Steady Growth Amidst Global Uncertainties: SIDBI

While 80 per cent of MSMEs report having access to finance, the adequacy of this credit remains a sticking point. Approximately 40 per cent in both manufacturing and services say available funding falls short of their needs

News and Trends

The Indian Auto Market in March 2025

While some manufacturers faced slight declines, others achieved notable growth, reflecting shifting consumer preferences and market dynamics in March 2025

News and Trends

Venture Capital in India Surged, IPO Boom Fuels Strong Exits: Report

The report further states that the strong domestic fundamentals, progressive regulatory reforms, and rising public market activity have helped India's position as Asia Pacific's second-largest VC destination while global funding remained flat.

News and Trends

Recycling Industry Poised to Hit $3 Trillion in Two Decades: Ministry of Environment

The FICCI-RECEIC-HUL report forecasts that India's chemical sector will expand to $300 billion by 2030 and reach $1 trillion by 2040.

News and Trends

India's Bio-Economy Set to Hit $300 Billion by 2030: Report

The two biggest areas of projected growth are the bio-medical and bio-industrial sectors, which are expected to reach $128 billion and $121 billion, respectively, by 2030.

News and Trends

India to Power 6% of Global Trade Growth, Surging to Top 3: Report

India's compound annual trade volume growth rate is expected to rise from 5.2 per cent to 7.2 per cent, underscoring the nation's increasing significance in global commerce.