May 03, 2024
India's manufacturing activity in April was the second strongest in 3.5 years
India's manufacturing displayed growth, with PMI hitting 58.8 in April, marking the sector's second-strongest expansion since 2021, driven by robust demand.
Commerce Secretary Mr. Sunil Barthwal is in talks with New Zealand to enhance bilateral relations, emphasizing trade growth and cooperation in key sectors.
7.41% Increase in Coal Production in April Compared to last year
India's coal production in April 2024 hit 78.69 million metric tons (MT) (Provisional), showing a 7.41% growth from the previous year's 73.26 MT.
OECD raises India's FY25 GDP growth projection by 40 basis points to 6.6%
India's economy shines with a projected 6.6% GDP growth fuelled by public investment and IT exports, poised for further expansion with potential interest rate cuts.
Expect India to become 2nd largest market for Citroen in 5 years: CEO
Citroen eyes India's automotive market, planning extensive dealership expansion, new product launches like the Basalt crossover, and robust marketing strategies for accelerated growth.
India GCCs emerge as proof-of-concept foundries for GenAI applications
Multinational corporations utilize India's GCCs as pivotal GenAI hubs, catalysing digital transformation across diverse domains, as emphasized in ANSR’s report.