Indian Economy News

September 29, 2025

India's household wealth soars 14.5% in 2024, fastest growth in eight years

India’s household financial assets grew 14.5% in 2024, lifting per capita net wealth to US$ 2,818 and reinforcing the country’s status as a rapidly expanding global wealth market.

Festival season e-commerce sales jump higher as GST cuts boost demand

India’s festive e-commerce sales have surged 23-25% after GST cuts on key categories, driving record demand across premium electronics, fashion, and home products.

India breaks into top-10 branded residency markets

India is set to become a global hub for branded luxury residences, projected to grow nearly 200% by 2031, driven by resort-style living, global brand entry, and lifestyle-focused demand.

India aims to be among the top two auto makers, double auto production in five years

India’s Automotive Mission Plan 2047 aims to boost vehicle production to 200 million by 2047, expand exports, and promote sustainable fuel adoption while developing local supply chains and technology.

IIT Madras, Hero MotoCorp join hands for research, mobility solutions

IIT Madras and Hero MotoCorp partnered to advance research, education, and upskilling in future mobility, electric vehicles, and AI-driven innovations.

With Rs. 5,10,970 crore (US$ 57.6 billion) valuation, Maruti becomes eighth most valuable carmaker globally

Maruti Suzuki India became the world’s eighth-largest automaker by market capitalisation at US$ 57.6 billion, driven by GST reforms and strong festive demand.

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