Indian Economy News

May 16, 2024

Total exports of merchandise and services in FY25 begin with strong growth of 6.88%

In April 2024, India's exports surged to US$ 64.56 billion compared to US$ 60.40 billion in April 2023, indicating robust growth.

India overtakes Australia, Japan, and Singapore in data centre capacity

India leads Asia-Pacific in data centre capacity, surpassing Australia, Japan, and Singapore, with a total capacity of 950MW.

Number of Agri startups jumps multifold to 7,000 in last 9 years: Report

A FAIFA report highlighted an exponential growth in agriculture startups, surpassing 7,000 in 9 years, as a result the favourable business environment and governmental support.

India’s office leasing demand likely to cross 70 million sq. ft in 2024

Demand for Grade A office space in India to surpass 70 million sq. ft in 2024, fuelled by a 14% surge, per CREDAI-CRE Matrix study.

India's defence capabilities grew substantially in the last 10 years: Mr. VK Saraswat

NITI Aayog member and former DRDO chief, Mr. VK Saraswat, emphasises substantial strides in India's defence capabilities over the last 10 years.

Indian small car exports thrive as domestic demand shifts to SUVs

As India leans towards SUVs, smaller cars from Maruti Suzuki, Hyundai, and other manufacturers find global appeal.

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