Latest News on the Indian Economy

July 24, 2026

India's auto parts industry to clock 10% annual growth on Semiconductor, Defence, EV push: Goldman Sachs

Goldman Sachs projects India's auto components industry to grow at a 10% CAGR through FY30, supported by expanding opportunities in semiconductors, defence, EVs, aerospace and precision manufacturing.

India Concludes Eighth WTO Trade Policy Review Successfully

India concluded its Eighth WTO Trade Policy Review, reaffirming its commitment to a transparent, predictable and rules-based multilateral trading system while highlighting progress in trade facilitation, digital infrastructure and investment reforms.

Over 10,000 km of national high-speed corridors awarded; 4,809 km completed

Rajasthan leads completed corridor length with 1,192 km, followed by Haryana and Gujarat, as new tech platforms like the Bhoomirashi and Parivesh portals speed up land acquisition and clearances nationwide.

India exports 12.5 tonnes of Dashehari and Langra mangoes to Dubai by sea, boosting farmers' returns

India exported 12.50 MT of Dashehari and Langra mangoes to Dubai by sea in a 25-day shipment, with nearly 90% of the fruit arriving in marketable condition.

CSIR Transfers Four Indigenous Technologies to Industry

CSIR transferred four indigenous technologies to industry, launched an IoT-enabled rural water monitoring system, and received US$ 177,660 in royalty for licensed indigenous defence technologies.

India Targets Five Small Modular Nuclear Reactors by 2033

India plans to operationalise five indigenous Small Modular Reactors by 2033 as part of its Nuclear Energy Mission, supporting the goal of achieving 100 GW of nuclear power capacity by 2047.

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