Indian Economy News

October 23, 2025

India adds 15-25 GW of renewable capacity annually, among fastest globally: Ministry of New and Renewable Energy (MNRE)

India is rapidly expanding renewable capacity by 15-25 GW annually, with 197 GW installed and a strong pipeline driving towards the 500 GW non-fossil target by 2030.

Union Minister of Commerce and Industry Mr. Piyush Goyal leads India's delegation at the 16th session of UNCTAD in Geneva

Union Minister of Commerce and Industry Mr. Piyush Goyal led India’s delegation at UNCTAD XVI in Geneva, underscoring India’s 7% growth, renewable energy progress, and push for fair global trade and climate finance.

From US$ 250 million to US$ 2 billion: India’s role in global aerospace supply chain grows

India’s aero component sector is soaring as global aerospace giants ramp up sourcing from the country, supported by cost competitiveness, low tariffs, and strong OEM partnerships.

India’s luxury market set for 10% growth in 2025: Euromonitor International

India’s luxury market is set to reach US$ 12.1 billion in 2025, growing at a 74% CAGR, driven by rising affluence, urbanisation, and experience-led consumption across travel, fashion, and premium lifestyles.

Indian auto sector saw deals worth US$ 4.6 billion in Q3 CY25: Grant Thornton Bharat

India’s automotive sector saw Q3 2025 deal activity of US$ 4.6 billion, led by Tata Motors’ US$ 3.8 billion Iveco acquisition, highlighting a shift toward electrification, MaaS, and global expansion.

Coal India & IIT Madras join hands to establish centre for sustainable energy

Coal India and IIT Madras launch the Centre for Sustainable Energy to drive low-carbon research, repurpose coal mines, and train talent, advancing India’s net-zero 2070 goals.

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