Reports: Page 3
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.
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.
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.
Government Sanctions Mutual Credit Guarantee Scheme to Boost MSME Manufacturing
While the loan coverage is capped at INR 100 crore, the total project cost can exceed this amount, provided at least 75 per cent is allocated for equipment and machinery.
UPI is Now India's Favorite Payment System With 83% Share in Digital Payments: Report
UPI's contribution to digital payment volumes skyrocketed from 34 per cent in 2019 to 83 per cent in 2024, reflecting a compound annual growth rate (CAGR) of 74 per cent over five years
How GST Budget Reforms Could Shape the Future of India's MSME
The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical refinements to address its challenges. The upcoming budget is expected to make major reforms for MSMEs as the backbone of the country.
India's Used Car Market to Hit 10.8 Million Sales by 2030: Report
Sales of used cars are expected to grow from 4.6 million units in CY23 to 10.8 million by CY30. Meanwhile, new car sales are also climbing steadily, from 4.1 million units in CY23 to 6.3 million units in CY30.
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.
India's Quick Commerce Landscape to Transform with 5,000+ Dark Stores by FY26: Report
By 2027–28, dark stores are projected to achieve a gross order value of $35 billion to $40 billion.
India Inc. Propels Investment to Over INR 32 Lakh Crore in Nine Months of FY25: SBI Report
From approximately INR 10 lakh crore in FY21, investment commitments have steadily climbed, exceeding INR 37 lakh crore in FY23 and FY24 combined.
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.
43% of Indian Farmers are Embracing Digital Payments in 2024: McKinsey
The seeds of change are growing through India's farmlands, transforming how farmers conduct business and secure their livelihoods in an increasingly interconnected world
India's GDP to Grow by 6.4% in FY25: FICCI Report
Sector-wise, the survey anticipates agriculture and allied activities to grow at 3.6 per cent, industry at 6.3 per cent, and services at a robust 7.3 per cent
How India's Auto Industry Wrapped Up 2024
Key domestic sales statistics for the year include 42,74,793 PV units sold, marking a 4.2 per cent increase over the previous year. Two-wheelers sales also grew by 14.5 per cent to 1,95,43,093 units and three-wheelers sold 7,28,670 units, achieving 6.8 per cent growth.
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.