Indian Economy News

March 21, 2023

Air traffic to grow 20% in FY24 as Indian carriers add 132 aircraft: Report

As per a report, domestic and international passenger traffic is estimated to increase by more than 20% in FY24.

Efficient logistics ecosystem will drive us through Amrit Kaal to become Atmanirbhar Bharat: Mr. Piyush Goyal

Mr. Piyush Goyal stated that the efficient logistics ecosystem will drive us through Amrit Kaal to become Atmanirbhar Bharat.

Smartphone exports top US$ 2 billion in first 2 months of 2023

In the first two months of 2023, smartphone exports reached US$ 2 billion.

India can achieve energy independence by 2047, says US Energy Department study

According to a study by the US Department of Energy's Lawrence Berkeley National Laboratory, India can achieve energy independence by 2047 when it celebrates 100 years of independence.

Self-reliance in defence production

In order to promote Aatmanirbharta, Ministry of Defence (MoD) has notified four Positive Indigenisation Lists comprising 411 major weapons platforms/systems.

Wind energy generation can surge 4-5 times on policy tailwinds: Report

As per a study, effective policy changes by the new and renewable energy ministry could increase annual wind capacity addition by 6-8 gigawatts (GW) starting in the fiscal year 2026, about four times the growth recorded over the previous five fiscal years.

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