India must add 100 million tonnes of steel-making capacity by 2030 to reduce import dependence, with current capacity at 200 million tonnes and 20 million tonnes added in 2022-23.
Budget raises capital expenditure by 10% to Rs. 11,21,000 crore (US$ 128.60 billion), with the government reaffirming its commitment to public spending as a priority.
India's data centre market is set to grow from Rs. 38,984 crore (US$ 4.5 billion) in 2023 to Rs. 1,00,491 crore (US$ 11.6 billion) by 2032, with a 10.98% annual growth rate driven by infrastructure ...
India's economy is projected to grow 6.3%-6.8% in FY26, with international bodies like the IMF and World Bank forecasting growth at 6.5% and 6.7%, respectively.
Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman, discussed the FY26 Union Budget's focus on income tax reforms, AI, and key investments to achieve Viksit Bharat by 2047, with ...
The Union Budget outlines initiatives to boost tourism and growth, with Union Minister for Finance and Corporate Affairs Ms. Nirmala Sitharaman announcing a plan to develop 50 tourist destinations ...
India's consumer market is expected to grow by 46% by 2030, driven by rising incomes, urbanization, digital transformation, and a shift towards branded and organized retail.
Indians are significantly increasing their expenditure on grooming products, especially via e-commerce, where online sales of grooming devices are growing twice as fast as the offline market.
The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and ...
The report also highlights that the organized food services market, which currently makes up half of the overall sector, is growing faster than the unorganized segment. This trend is largely driven by ...
India's industrial and logistics leasing reached a record 39.5 million sq. ft. in 2024, driven by demand from 3PL providers, e-commerce, and quick-commerce operators, with robust growth expected to ...
Union Minister for Finance, Ms. Nirmala Sitharaman, presented the Economic Survey 2024–25 in the Parliament on January 31, 2025. The key highlights of the Economic Survey 2024–25 are as follows: The ...