Latest News on the Indian Economy

India’s Jute Industry Set for Turnaround as Sales Volumes Seen Rising 15%, Margins Improve: Crisil Ratings

India’s jute industry is expected to recover in FY27, with sales volumes projected to rise 15% and operating margins improving on stronger demand and softer raw jute prices.

India-New Zealand FTA Finalised, 100% of Indian Exports to Get Duty-Free Access from October 20, 2026

India and New Zealand have finalised an FTA that will provide duty-free access for 100% of Indian exports to New Zealand from October 20, 2026.

India overtakes Hong Kong to become Asia’s fourth-largest REIT market

India’s REIT market value rose 62% to US$ 17.7 billion by March 2026, making it Asia’s fourth-largest REIT market ahead of Hong Kong.

SECI’s 15-Year Journey Marks India’s Growing Renewable Energy Leadership

SECI’s 15-year journey has supported renewable energy deployment, market investments and emerging clean energy technologies, strengthening India’s renewable energy ecosystem.

Gwalior to get Asia’s first Telecom Manufacturing Zone with US$ 582.75 million investment

Gwalior is set to host Asia’s first Telecom Manufacturing Zone with proposed investment of US$ 582.75 million and more than 18,000 expected direct employment opportunities.

Microsoft Launches Fourth Cloud Region in India, Expands AI Infrastructure Footprint

Microsoft has launched its fourth cloud region in India in Hyderabad as the country prepares for significant growth in data centre capacity and enterprise AI adoption.