Indian Economy News

January 13, 2026

India’s electric vehicle market accounts for 8% of New Vehicle Registrations in 2025: Vahan Portal Data

India’s electric vehicle (EV) market continued its rapid expansion in 2025, with total EV sales reaching 2.3 million units and comprising 8% of all new vehicle registrations, according to government registration data.

Mobile phone production to reach US$ 75 billion by FY26-end: ICEA

India’s mobile phone production is projected to hit approximately Rs. 6.23 lakh crore (US$ 75 billion) by the FY26-end, supported by the Production Linked Incentive (PLI) scheme and a deepening electronics ecosystem.

Fish production has increased to 197.75 lakh tonnes in FY 2024-25 from 95.79 lakh tonnes fish production in FY 2013-14, increasing by a significant 106%.

India’s fish production has recorded a sharp rise over the last decade, reflecting sustained growth in the fisheries and aquaculture sector.

India–Germany signs deal to deepen economic & security ties, expanding cooperation across sectors

India and Germany agreed to strengthen bilateral economic and security collaboration, signing multiple accords to broaden cooperation across defence, trade, and strategic sectors.

APEDA Inaugurates Regional Office in Raipur to Boost Agriculture and Processed Food Exports from Chhattisgarh

The Agricultural and Processed Food Products Export Development Authority (APEDA) inaugurated a new regional office in Raipur to enhance export facilitation for Chhattisgarh’s agricultural and processed food products.

Maruti Suzuki to boost capacity by 1 million units in India expansion

Maruti Suzuki India’s board has approved land acquisition in Gujarat to expand production capacity by up to 1 million units, reinforcing its growth strategy.

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