https://www.ibef.org/ India Brand Equity Foundation (IBEF) India's housing market ranked 15th globally in Q1 2025 with a 7.7% price rise, driven by strong domestic demand, rising incomes, and stable interest rates, indicating continued resilience ahead. https://www.ibef.org/news/india-s-housing-prices-rise-7-7-annually-ranks-15th-globally-in-q1 Thu, 14 Aug 2025 09:25:08 +0530 India is launching a US$ 68.64 million pilot to test green hydrogen fuel infrastructure on 10 highways, aiming to support long-haul transport and advance its net-zero 2070 and Green Hydrogen Mission goals. https://www.ibef.org/news/green-hydrogen-infrastructure-along-highways-is-next-on-india-s-transport-map Thu, 14 Aug 2025 09:22:25 +0530 IKEA India is entering a strong growth phase with an omnichannel push, targeting 50% local sourcing by 2030, expanding small-format stores, and deepening market reach in high-potential urban centres. https://www.ibef.org/news/india-s-booming-economy-and-young-population-give-it-30-plus-years-of-growth-potential-says-ikea Thu, 14 Aug 2025 09:19:13 +0530 India is ending its nuclear sector monopoly by allowing private firms to mine, import, and process uranium, aiming to boost nuclear capacity 12-fold by 2047 and attract major private and foreign investment. https://www.ibef.org/news/india-set-to-allow-its-private-firms-to-mine-and-import-uranium-to-help-nuclear-expansion Thu, 14 Aug 2025 09:16:29 +0530 India’s mounting waste crisis offers a major opportunity to foster a circular economy by converting waste into resources, creating millions of jobs, reducing pollution, and driving green, sustainable growth through innovation. https://www.ibef.org/news/turning-waste-into-wealth-how-waste-treatment-innovation-can-create-jobs-and-drive-green-growth Thu, 14 Aug 2025 09:13:58 +0530 India has emerged as the world’s third-largest organ transplant hub, with over 18,000 procedures in 2023, driven by medical innovation, improved donor-recipient matching, and rising public and policy support. https://www.ibef.org/news/a-second-chance-at-life-organ-transplants-and-india-s-medical-advancements Thu, 14 Aug 2025 09:11:43 +0530 India's retail inflation dropped to an eight-year low of 1.55% in July, driven by falling food prices, supporting growth-friendly monetary policy, and boosting household purchasing power amid stable demand conditions. https://www.ibef.org/news/retail-inflation-eases-to-1-55-in-july Wed, 13 Aug 2025 09:23:00 +0530 The Union Cabinet approved four new semiconductor projects worth US$ 524.93 million under the India Semiconductor Mission, boosting self-reliance, job creation, and advanced electronics manufacturing across multiple sectors. https://www.ibef.org/news/cabinet-approves-semiconductor-manufacturing-units-in-odisha-punjab-and-andhra-pradesh-with-an-outlay-of-rs-4-600-crore-us-524-93-million Wed, 13 Aug 2025 09:16:57 +0530 India and Zambia signed an MoU to boost cooperative trade, as part of India’s broader effort to expand cooperative exports globally through partnerships and support from Indian missions abroad. https://www.ibef.org/news/india-signs-trade-cooperation-pact-with-zambia-to-boost-cooperative-exports Wed, 13 Aug 2025 09:14:53 +0530 India has recognised over 1.8 lakh startups by June 2025, supported by key schemes like FFS, SISFS, and CGSS, while also granting GI tags to 697 products to boost innovation and branding. https://www.ibef.org/news/government-recognised-startup-count-crosses-180k-as-of-june-30-minister-of-state-for-commerce-and-industry-mr-jitin-prasada Wed, 13 Aug 2025 09:12:14 +0530 India is boosting turmeric exports through the SPICED scheme and the National Turmeric Board by enhancing quality, promoting value addition, ensuring global compliance, and strengthening international market linkages. https://www.ibef.org/news/government-boosts-turmeric-exports-through-spiced-scheme Wed, 13 Aug 2025 09:09:53 +0530 India’s move to raise FDI in insurance from 74% to 100% aims to attract global players, enhance automation, improve efficiency, and boost job creation, while ensuring financial stability through strict regulatory norms. https://www.ibef.org/news/raising-fdi-limit-for-insurers-to-100-will-generate-employment-opportunities-union-minister-of-finance-ms-nirmala-sitharaman Wed, 13 Aug 2025 09:07:32 +0530 India’s deal market hit a record US$ 16.4 billion in July 2025, driven by strong mergers and acquisitions, private equity investments, and robust capital market fundraising. https://www.ibef.org/news/india-s-dealmaking-hits-record-in-july-with-us-16-billion-across-227-transactions Tue, 12 Aug 2025 09:58:26 +0530 The MSME Ministry launched the ‘MSE TEAM’ initiative under RAMP to boost 5,00,000 MSEs’ e-commerce presence via ONDC integration, digital tools, and market access support. https://www.ibef.org/news/micro-small-and-medium-enterprises-msme-ministry-empowers-micro-and-small-enterprises-mses-with-digital-and-e-commerce-support-under-raising-and-accelerating-msme-performance-ramp Tue, 12 Aug 2025 09:56:28 +0530 Indian auto component makers are set to boost independent aftermarket exports, leveraging cost and supply strengths in key markets worldwide. https://www.ibef.org/news/indian-auto-component-makers-have-huge-export-opportunities-in-markets-of-brazil-colombia-poland-africa-report Tue, 12 Aug 2025 09:54:44 +0530 Equity mutual fund inflows surged 81% YoY to US$ 4.87 billion in July 2025, marking the 53rd straight month of gains, led by strong investments in thematic and flexi cap funds. https://www.ibef.org/news/equity-mutual-fund-inflows-surges-81-to-rs-42-702-crore-us-4-87-billion-in-july-says-association-of-mutual-funds-in-india-amfi Tue, 12 Aug 2025 09:52:44 +0530 Reliance Consumer Products Limited has partnered with Ceylon Cold Stores to launch its Campa beverages in Sri Lanka, expanding its soft drinks portfolio beyond India. https://www.ibef.org/news/mr-mukesh-ambani-s-reliance-launches-campa-in-sri-lanka-with-elephant-house-beverages Tue, 12 Aug 2025 09:50:36 +0530 ITC Hotels expects demand for rooms to outpace supply, raising its 2030 target to over 220 properties, driven by rising tourism and expansion into tier-II and tier-III cities. https://www.ibef.org/news/itc-hotels-to-cross-220-properties-by-2030-as-room-demand-outpaces-supply-says-itc-hotels-ltd-chairman-and-managing-director-mr-sanjiv-puri Tue, 12 Aug 2025 09:48:06 +0530 India aims to file 1,000 patents in critical minerals by 2030–31 under the National Critical Mineral Mission (NCMM) to boost self-reliance and strengthen its role in the global clean energy supply chain. https://www.ibef.org/news/government-targets-1-000-patents-in-critical-minerals-by-2031-under-national-mission Mon, 11 Aug 2025 09:59:57 +0530 India’s proposed European Union FTA could open a US$ 875 billion market, boosting competitiveness through strategic partnerships, clean technology, and the Production Linked Incentive (PLI) scheme. https://www.ibef.org/news/free-trade-agreements-ftas-may-give-india-a-share-in-us-875-billion-imports-to-europe-united-kingdom-uk-from-china-boston-consulting-group-bcg Mon, 11 Aug 2025 09:57:40 +0530 India’s retail inflation likely eased to an eight-year low of 1.76% in July, driven by cooling food prices and a strong harvest, supporting the Reserve Bank of India’s benign inflation outlook. https://www.ibef.org/news/india-inflation-likely-dropped-to-an-eight-year-low-in-july-poll Mon, 11 Aug 2025 09:56:01 +0530 Government e-Marketplace’s ninth Foundation Day saw reforms to boost access, with FY25 Gross Merchandise Value hitting US$ 61.66 billion. https://www.ibef.org/news/government-e-marketplace-marks-nineth-foundation-day-records-rs-5-40-000-crore-us-61-64-billion-gross-merchandise-value-gmv-in-fy25 Mon, 11 Aug 2025 09:54:14 +0530 India’s defence production hit a record US$ 17.20 billion in FY25, up 18% YoY, driven by policy reforms, indigenisation, and rising private sector participation. https://www.ibef.org/news/defence-production-soars-to-an-all-time-high-of-rs-1-51-000-crore-us-17-25-billion-in-fy25 Mon, 11 Aug 2025 09:52:36 +0530 India’s pharmaceutical market grew 7.9% in July 2025, driven by chronic therapies and new product launches, with annual turnover surpassing US$ 26 billion. https://www.ibef.org/news/indian-pharmaceutical-market-grows-7-9-in-july-led-by-chronic-therapies Mon, 11 Aug 2025 09:50:40 +0530 India’s electronics exports surged over 47% YoY to US$ 12.4 billion in Q1 FY26, led by strong growth in mobile phone and component exports, marking a key milestone in building a self-reliant electronics ecosystem. https://www.ibef.org/news/india-s-electronics-exports-surge-47-in-q1-fy26-led-by-mobile-phones Fri, 08 Aug 2025 09:39:30 +0530 Prime Minister Mr. Narendra Modi inaugurated Kartavya Bhavan-03, a green, digital secretariat for top ministries under the Central Vista project. https://www.ibef.org/news/prime-minister-mr-narendra-modi-unveils-india-s-green-headquarter-for-governance-what-is-kartavya-bhavan Fri, 08 Aug 2025 09:34:52 +0530 Reliance Industries reported US$ 37.84 billion in retail revenue for FY25, citing strong demand and expansion, while reaffirming India’s trajectory to become the world’s third-largest retail market by 2030. https://www.ibef.org/news/india-s-retail-sector-among-fastest-growing-consumer-markets-globally-reliance-industries Fri, 08 Aug 2025 09:32:37 +0530 India’s office leasing hit a record 65 million sq. ft. in FY25, with strong demand set to continue in FY26, led by GCCs, BFSI, and IT-BPM sectors. https://www.ibef.org/news/india-s-office-leasing-record-pace-poised-to-continue-in-fy26 Fri, 08 Aug 2025 09:27:52 +0530 India’s retail credit market reached US$ 937 billion in FY25, offering strong growth prospects and fresh investor opportunities for Non-Banking Financial Companies amid rising demand and low credit penetration. https://www.ibef.org/news/rise-in-credit-demand-enables-non-banking-financial-companies-nbfcs-to-expand-investor-base-says-crisil-report Fri, 08 Aug 2025 09:25:50 +0530 The Pradhan Mantri Kisan SAMPADA Yojana has approved over 1,600 projects, benefitting 34.15 lakh farmers and creating 4.33 lakh jobs, significantly strengthening India’s food processing infrastructure and rural economy. https://www.ibef.org/news/over-1-100-projects-completed-under-pradhan-mantri-kisan-sampada-yojana-pmksy-benefiting-34-lakh-farmers-across-india Fri, 08 Aug 2025 09:22:17 +0530 India's clean energy push gains momentum with over 16.5 lakh households benefiting from rooftop solar under PM Surya Ghar Yojana, while SECI’s first green ammonia auction marks a major green hydrogen milestone. https://www.ibef.org/news/government-says-16-51-lakh-households-benefitted-from-rooftop-solar-installations-under-pm-surya-ghar Thu, 07 Aug 2025 10:30:32 +0530 Union External Affairs Minister Dr. S. Jaishankar met German Member of Parliament Mr. Jurgen Hardt in New Delhi to discuss strengthening bilateral cooperation, reaffirming the growing India–Germany strategic partnership. https://www.ibef.org/news/union-external-affairs-minister-dr-s-jaishankar-meets-germany-member-of-parliament-mr-jurgen-hardt-discusses-growing-bilateral-ties Thu, 07 Aug 2025 10:27:24 +0530 The Ministry of Coal announced plans to repurpose closed mines into eco-parks, tourist sites, and community facilities, aligning with new mine closure guidelines to support local development and livelihoods. https://www.ibef.org/news/development-of-closed-coal-mines-as-tourist-places Thu, 07 Aug 2025 10:24:07 +0530 Reserve Bank of India (RBI) Governor Mr. Sanjay Malhotra announced Panchayat-level Jan Dhan camps, standardised claim procedures for accounts and lockers, and Systematic Investment Plans (SIPs) in treasury bills to strengthen financial inclusion. https://www.ibef.org/news/reserve-bank-of-india-rbi-announces-three-consumer-centric-schemes-to-drive-financial-inclusion Thu, 07 Aug 2025 10:21:43 +0530 India recorded over 2.6 million enrolments in generative artificial intelligence (GenAI) courses on Coursera in 2025, making it the platform’s second-largest market with 29 million learners. https://www.ibef.org/news/demand-for-generative-artificial-intelligence-genai-skills-rises-in-india-with-2-6-million-coursera-learners Thu, 07 Aug 2025 10:19:20 +0530 Hindustan Power signed a power purchase agreement with Uttar Pradesh Power Corporation Ltd (UPPCL) to develop a 435 MW solar project, supporting Uttar Pradesh’s target of 22,000 MW clean energy capacity by FY27. https://www.ibef.org/news/hindustan-power-signs-pact-with-uttar-pradesh-power-corporation-ltd-uppcl-to-set-up-435-megawatt-direct-current-mw-dc-solar-project Thu, 07 Aug 2025 10:17:24 +0530 India’s services Purchasing Managers’ Index (PMI) rose to an 11-month high of 60.5 in July 2025, driven by strong demand and exports, even as hiring slowed and price pressures rose. https://www.ibef.org/news/india-services-purchasing-managers-index-pmi-hits-11-month-high-in-july-on-strong-export-demand Wed, 06 Aug 2025 09:27:33 +0530 India and the Philippines elevated ties to a strategic partnership, pledging expanded cooperation across defence, trade, technology, and Indo-Pacific collaboration. https://www.ibef.org/news/friends-by-choice-partners-by-destiny-prime-minister-mr-narendra-modi-on-india-philippines-ties Wed, 06 Aug 2025 09:24:38 +0530 India is advancing electric vehicle (EV) adoption through schemes like FAME-II, PM E-DRIVE, and PM-eBus Sewa, with over US$ 4.83 billion allocated to boost demand, infrastructure, and localisation nationwide. https://www.ibef.org/news/promoting-electric-vehicle-ev-ecosystem Wed, 06 Aug 2025 09:21:19 +0530 Under the new ‘Tarun Plus’ category of PMMY, banks sanctioned over US$ 561 million by June 2025, while PMJDY efforts continue to boost financial inclusion and digital adoption nationwide. https://www.ibef.org/news/banks-sanction-rs-4-930-crore-us-561-million-to-34-697-borrowers-under-mudra-tarun-plus-as-of-june-2025 Wed, 06 Aug 2025 09:17:59 +0530 Launched in October 2021, the PM GatiShakti National Master Plan (PMGS NMP) has enabled integrated planning for US$ 155 billion in projects across 57 Ministries through a unified geospatial platform. https://www.ibef.org/news/pm-gatishakti-national-master-plan-evaluates-293-infrastructure-projects-worth-rs-13-59-000-crore-us-155-billion Wed, 06 Aug 2025 09:15:01 +0530 The E-Commerce Export Hubs initiative supports small exporters with integrated facilities and policy reforms, easing compliance and boosting cross-border digital trade under the Foreign Trade Policy (FTP) 2023. https://www.ibef.org/news/e-commerce-export-hubs-to-support-indian-smes-with-cost-effective-logistics-and-streamlined-regulatory-processes Wed, 06 Aug 2025 09:12:38 +0530 India’s mutual fund asset under management (AUM) surged to US$ 848 billion in June 2025, driven by rising retail participation, debt inflows, and a growing shift towards passive investing. https://www.ibef.org/news/india-s-mutual-fund-industry-explodes-seven-times-in-10-years-what-investors-are-buying-now Tue, 05 Aug 2025 09:25:58 +0530 India’s office stock is set to cross one billion sq. ft. by Q3 2025, positioning it as the world’s fourth-largest office market, driven by institutionalisation, policy support, and growing demand for modern workspaces. https://www.ibef.org/news/india-set-to-be-world-s-fourth-largest-office-market-as-stock-nears-one-billion-sq-ft Tue, 05 Aug 2025 09:23:06 +0530 India is advancing sustainable tourism through focused infrastructure projects, expanded regional air connectivity, and Artificial Intelligence-enabled digital platforms. https://www.ibef.org/news/inclusion-of-emerging-tourism-trends-in-swadesh-darshan-2-0 Tue, 05 Aug 2025 09:21:10 +0530 India’s advertising industry crosses US$ 11.41 billion, led by digital media’s rapid rise to 46% of total FY25 advertising spend, reshaping brand strategies. https://www.ibef.org/news/digital-media-claims-46-of-india-s-rs-1-00-000-crore-us-11-41-billion-advertising-market-crisil Tue, 05 Aug 2025 09:19:28 +0530 Vietnamese electric vehicle (EV) maker VinFast has inaugurated its US$ 1.83 billion Thoothukudi plant in Tamil Nadu, aiming to make it South Asia’s EV hub with scalable production and extensive local job creation. https://www.ibef.org/news/vietnamese-auto-major-vinfast-inaugurates-electric-vehicle-assembly-unit-in-thoothukudi Tue, 05 Aug 2025 09:17:09 +0530 In 2023, AWS committed US$ 12.7 billion to India’s cloud infrastructure by 2030 to accelerate AI innovation, economic growth, and large-scale AI skill development. https://www.ibef.org/news/amazon-to-build-india-s-artificial-intelligence-ai-muscle-with-rs-1-11-316-crore-us-12-7-billion-bet-on-infrastructure Tue, 05 Aug 2025 09:15:05 +0530 India’s manufacturing sector hit a 16-month high in July 2025, with the Purchasing Managers’ Index (PMI) rising to 59.1 on the back of the strongest factory order growth in five years and resilient output. https://www.ibef.org/news/india-s-manufacturing-purchasing-managers-index-pmi-hits-16-month-high-at-59-1-in-july-on-high-demand Mon, 04 Aug 2025 10:41:39 +0530 Prime Minister Mr. Narendra Modi reaffirmed India's goal to become the world’s third-largest economy, urging citizens to support the Swadeshi movement and countering recent US tariff pressures with a call for economic self-reliance. https://www.ibef.org/news/india-on-path-to-becoming-world-s-third-largest-economy-says-prime-minister-mr-narendra-modi Mon, 04 Aug 2025 10:39:17 +0530 India’s gross GST collection rose 7.5% YoY in July to nearly Rs. 1.96 trillion, signalling stable consumption and economic growth, with refunds jumping 66.8% and domestic revenue remaining strong. https://www.ibef.org/news/gross-gst-mop-up-rises-7-5-to-rs-1-96-trillion-us-22-44-billion-in-july-refunds-jump-67 Mon, 04 Aug 2025 10:37:03 +0530 UPI continued its strong growth in July 2025 with 19.47 billion transactions worth US$ 286.66 billion, marking a 35% rise in volume and 22% in value YoY. https://www.ibef.org/news/unified-payments-interface-upi-tops-rs-25-00-000-crore-us-285-75-billion-in-july-immediate-payment-service-imps-transactions-rise-as-fastag-volumes-fall Mon, 04 Aug 2025 10:35:06 +0530 Over 1.44 lakh food processing projects approved under key schemes to boost rural economies, reduce post-harvest losses, and position India as a global food manufacturing hub. https://www.ibef.org/news/over-1-4-lakh-food-processing-projects-approved-under-ministry-of-food-processing-industries-mofpi-schemes-to-boost-rural-economy Mon, 04 Aug 2025 10:32:04 +0530 Renault Group has acquired Nissan’s remaining 51% stake in their Chennai-based joint venture, making it Renault’s largest plant outside France and strengthening India’s position as a key global manufacturing and export hub. https://www.ibef.org/news/renault-sees-india-as-export-hub-acquires-nissan-s-stake-in-chennai-unit Mon, 04 Aug 2025 10:29:13 +0530 India’s housing market hit US$ 76.53 billion in sales in FY25, driven by surging property prices and a shift towards premium and luxury homes in tier I cities. https://www.ibef.org/news/luxury-drives-realty-surge-78-of-delhi-ncr-s-sales-over-rs-3-crore-us-342-661-average-price-up-66 Fri, 01 Aug 2025 11:03:32 +0530 India and Brazil have deepened defence ties through joint training, industrial cooperation, and strategic dialogue, reaffirming their commitment to regional and global security collaboration. https://www.ibef.org/news/india-brazil-hold-key-meet-to-boost-defence-ties-military-cooperation Fri, 01 Aug 2025 10:55:45 +0530 India has overtaken Japan to become the world’s third-largest solar power producer, generating over 1,08,000 GWh, marking a major step towards its 2030 clean energy goals. https://www.ibef.org/news/india-becomes-third-largest-solar-energy-generator-union-minister-of-new-and-renewable-energy-mr-pralhad-joshi Fri, 01 Aug 2025 10:53:04 +0530 India’s rice export sector is set to absorb the United States’s 25% tariff with minimal disruption, as industry leaders focus on diversification and highlight limited exposure to the American market. https://www.ibef.org/news/india-s-rice-exports-to-stay-resilient-despite-united-states-us-tariff-exporters-body Fri, 01 Aug 2025 10:50:47 +0530 DPIIT and Roche India have partnered to support health-focused startups through mentorship, tech access, and regulatory guidance, advancing India’s patient-centric innovation ecosystem. https://www.ibef.org/news/department-for-promotion-of-industry-and-internal-trade-dpiit-and-roche-india-sign-memorandum-of-understanding-mou-to-catalyse-innovation-and-entrepreneurship-in-healthcare-sector Fri, 01 Aug 2025 10:48:27 +0530 Chairman and Managing Director of Nestlé India, Mr. Suresh Narayanan, credits startups for driving innovation and agility, while emphasising the company’s strong focus on sustainability and diversity. https://www.ibef.org/news/startups-regional-brands-good-for-business-says-chairman-and-managing-director-of-nestl-india-mr-suresh-narayanan Fri, 01 Aug 2025 10:45:02 +0530 India’s smartphone market grew 8% in volume and 18% in value in Q2 2025, driven by strong premium demand, easing inflation, and consumer-friendly credit, marking its highest-ever Q2 2025 performance. https://www.ibef.org/news/india-s-smartphone-market-dials-8-volume-growth-in-q2-2025-report Thu, 31 Jul 2025 09:36:34 +0530 India will host the AI Impact Summit in February 2026, showcasing its commitment to safe, inclusive, and indigenous Artificial Intelligence (AI) innovation across sectors like healthcare, agriculture, and education. https://www.ibef.org/news/india-to-host-ai-impact-summit-in-february-2026-focusing-on-democratising-artificial-intelligence-ai-to-solve-real-world-challenges-across-sectors Thu, 31 Jul 2025 09:34:14 +0530 The India–UK Free Trade Agreement (FTA) enables 1,800 annual UK visas and streamlined access for Indian professionals across 35 sectors, boosting global mobility while preserving key domestic regulatory safeguards. https://www.ibef.org/news/india-uk-fta-offers-1-800-uk-visas-for-chefs-yoga-experts-musicians Thu, 31 Jul 2025 09:32:14 +0530 The Coastal States Fisheries Meet 2025 launched US$ 30.68 million worth of projects under PMMSY and rolled out transponders for one lakh marine vessels, boosting safety, infrastructure, and digital governance across coastal India. https://www.ibef.org/news/infrastructure-and-institutional-strengthening-in-the-fisheries-sector Thu, 31 Jul 2025 09:30:14 +0530 India’s telecom sector added 2.7 million active users in June 2025, with sustained growth in Metro and A Circles, led by Reliance Jio and Bharti Airtel, signalling continued digital expansion. https://www.ibef.org/news/june-active-user-additions-led-by-metro-a-circles-jefferies Thu, 31 Jul 2025 09:26:39 +0530 India targets rooftop solar installations in one crore households by 2026-27 under PM-SGMBY, while expanding clean energy capacity and green jobs through schemes like PM-KUSUM and solar park development. https://www.ibef.org/news/rooftop-solar-plant-to-be-installed-in-10-million-households-by-2026-27-government Thu, 31 Jul 2025 09:24:16 +0530 India’s industrial and warehousing leasing hit a record 27.1 million sq. ft. in H1 2025, up 63% YoY, led by strong demand from 3PL and e-commerce players. https://www.ibef.org/news/industrial-warehousing-spaces-demand-rises-63-to-record-in-h1-2025-cbre Wed, 30 Jul 2025 10:28:35 +0530 India has strengthened the AEO framework to ease trade, offering faster clearance, port entry benefits, and global recognition to exporters, with special relaxations and outreach for MSME participation. https://www.ibef.org/news/several-initiatives-taken-by-the-government-to-fast-track-exports-and-imports Wed, 30 Jul 2025 10:25:09 +0530 The India-UK Free Trade Agreement (FTA) introduces a Mutual Recognition Agreement (MRA) for medical devices, offering zero tariffs and simplified market access for certified Indian products in the UK. https://www.ibef.org/news/india-uk-trade-deal-boosts-access-for-indian-medical-devices-in-britain Wed, 30 Jul 2025 10:22:40 +0530 The India-UK Free Trade Agreement (FTA) eliminates import duties on tyres, boosting Indian exporters’ competitiveness and growth in the UK market while ensuring a phased tariff reduction on UK tyre imports to India. https://www.ibef.org/news/india-uk-free-trade-agreement-fta-to-boost-competitiveness-of-local-tyre-makers-in-british-market-automotive-tyre-manufacturers-association-atma Wed, 30 Jul 2025 10:19:36 +0530 Department for Promotion of Industry and Internal Trade (DPIIT) and Ather Energy partner to accelerate Electric Vehicle (EV) startup innovation with mentorship and infrastructure, driving India’s green mobility ambitions. https://www.ibef.org/news/department-for-promotion-of-industry-and-internal-trade-dpiit-signs-pact-with-ather-energy-to-strengthen-electric-vehicle-ev-manufacturing Wed, 30 Jul 2025 10:17:23 +0530 India is set to become the second-most represented nation in the 2026 Times Higher Education rankings, with its universities tripling in number and excelling in social, economic, and sustainability impacts. https://www.ibef.org/news/india-set-to-become-second-best-represented-nation-in-times-higher-education-rankings Wed, 30 Jul 2025 10:15:11 +0530 India recorded over 65,000 crore digital transactions worth US$ 138.26 trillion in six years, driven by fintech adoption, MSME credit reforms, and robust forex management. https://www.ibef.org/news/digital-payments-cross-65-000-crore-in-volume-rs-12-000-lakh-crore-us-138-26-trillion-in-value-in-six-years Tue, 29 Jul 2025 10:18:02 +0530 India–UK Comprehensive Economic and Trade Agreement (CETA) paves the way for duty-free access and export growth in India’s textiles, leather, and footwear sectors, boosting global competitiveness and visibility. https://www.ibef.org/news/commerce-ministry-holds-meeting-with-stakeholders-of-textiles-leather-and-footwear-industry-on-india-uk-comprehensive-economic-and-trade-agreement-ceta Tue, 29 Jul 2025 10:12:21 +0530 Union Minister of State (Independent Charge) for Science & Technology, Atomic Energy and Space, Dr. Jitendra Singh marked MoES Foundation Day by launching tools to boost climate resilience and highlighting advances in forecasting, agriculture, and marine services. https://www.ibef.org/news/india-s-climate-preparedness-gets-a-boost-as-union-minister-of-state-independent-charge-for-science-technology-and-earth-sciences-dr-jitendra-singh-unveils-major-initiatives-on-earth-sciences-ministry-s-foundation-day Tue, 29 Jul 2025 10:06:37 +0530 Union Minister of Finance Ms. Nirmala Sitharaman announced a proposed hike in insurance sector FDI to 100%, aiming to boost growth and penetration, while also expanding social security scheme coverage through nationwide campaigns. https://www.ibef.org/news/raising-fdi-limit-in-insurance-aimed-at-unlocking-full-potential-of-sector-union-minister-of-finance-ms-nirmala-sitharaman Tue, 29 Jul 2025 10:02:54 +0530 Delhi’s Logistics Policy 2025 aims to cut congestion and pollution by shifting warehouses, promoting green freight, and supporting cleaner, tech-enabled supply chains with industry incentives. https://www.ibef.org/news/delhi-to-unveil-logistics-policy-2025-to-ease-traffic-and-cut-pollution Tue, 29 Jul 2025 10:00:04 +0530 Starlink will be capped at two million users in India, focusing on rural areas with costly services, posing little threat to BSNL, as it awaits spectrum and infrastructure approvals. https://www.ibef.org/news/starlink-to-have-two-million-customers-in-india-offer-200-mbps-speed-mos-telecom Tue, 29 Jul 2025 09:57:52 +0530 India’s mutual fund industry grew 21.94% YoY in June 2025, with rising equity inflows and emerging retail participation from smaller states highlighting deepening financial inclusion. https://www.ibef.org/news/equity-funds-grab-55-of-india-s-mutual-fund-mf-assets-nagaland-tops-monthly-growth Mon, 28 Jul 2025 10:00:08 +0530 Prime Minister Mr. Narendra Modi, in Mann Ki Baat, called the handloom sector a pillar of self-reliance, linking its Swadeshi roots to India’s future and urging support for its blend of tradition and innovation. https://www.ibef.org/news/textile-sector-turning-out-to-be-country-s-strength-prime-minister-mr-narendra-modi-highlights-success-in-124th-mann-ki-baat Mon, 28 Jul 2025 09:58:25 +0530 India’s AI strategy focuses on inclusive innovation and global leadership, backed by the IndiaAI Mission, strong developer networks, and regulatory safeguards for responsible tech deployment. https://www.ibef.org/news/india-s-artificial-intelligence-ai-strategy-aims-to-democratise-technology-address-local-challenges-generate-employment-and-position-nation-as-global-ai-leader Mon, 28 Jul 2025 09:56:08 +0530 The India-UK Free Trade Agreement (FTA) simplifies e-commerce exports by exempting low-value consignments from origin documentation, easing compliance for MSMEs, and boosting bilateral trade. https://www.ibef.org/news/rules-of-origin-under-free-trade-agreement-fta-to-boost-india-s-e-commerce-exports-to-united-kingdom-uk Mon, 28 Jul 2025 09:53:53 +0530 India’s steel demand is driven by infrastructure and real estate, with a 12% safeguard duty shielding domestic producers from cheap imports. https://www.ibef.org/news/infrastructure-construction-sector-leads-steel-demand-in-india-government-projects-key-contributor-industry-experts Mon, 28 Jul 2025 09:51:05 +0530 India has achieved 20% ethanol blending with petrol five years ahead of its 2030 target, cutting emissions and import bills while boosting rural income and energy self-reliance. https://www.ibef.org/news/india-achieves-20-ethanol-blending-target-five-years-ahead-of-schedule-indian-sugar-bio-energy-manufacturers-association-isma Mon, 28 Jul 2025 09:48:36 +0530 India’s credit and charge card payments market is projected to grow 14% in 2025 to US$ 294 billion, driven by digital adoption, rising consumer demand, and e-commerce-led usage. https://www.ibef.org/news/india-credit-charge-card-payment-market-to-cross-rs-25-91-700-crore-us-300-billion-in-2025-report Fri, 25 Jul 2025 10:22:06 +0530 India and the United Kingdom (UK) have signed the Comprehensive Economic and Trade Agreement (CETA), a landmark pact aimed at deepening economic integration and doubling bilateral trade by 2030. https://www.ibef.org/news/india-and-the-united-kingdom-uk-sign-comprehensive-economic-and-trade-agreement-ceta Fri, 25 Jul 2025 10:18:11 +0530 India’s edge data centre capacity is set to triple to 200–210 MW by 2027, driven by rising data demand and real-time processing needs across key sectors. https://www.ibef.org/news/edge-data-centre-capacity-in-india-likely-to-triple-by-2027-says-icra Fri, 25 Jul 2025 10:15:42 +0530 India’s BFSI sector has expanded its Financial Crime talent pool to over 25,500 professionals, with Bengaluru leading hiring amid rising global compliance demands. https://www.ibef.org/news/india-s-banking-finance-services-and-insurance-bfsi-sector-sees-a-hiring-boom-in-fraud-kyc-and-compliance-roles Fri, 25 Jul 2025 10:12:27 +0530 India’s semiconductor design sector accelerates with government-backed schemes and record venture capital funding, driving innovation in smart tech and Internet of Things (IoT) chips. https://www.ibef.org/news/semiconductor-startups-in-india-are-attracting-record-investment-driven-by-the-government-of-india-s-support Fri, 25 Jul 2025 10:09:37 +0530 India’s live concert economy is projected to create 1.2 crore temporary jobs by 2030–2032, boosting growth across travel, hospitality, and allied sectors. https://www.ibef.org/news/india-s-concert-economy-to-create-1-2-crore-temporary-jobs-by-2030-2032-says-nlb-services Fri, 25 Jul 2025 10:04:39 +0530 India’s mobile exports surged over 11,950% in under a decade, transforming it into the world’s third-largest exporter, driven by policy reforms and deep global value chain integration. https://www.ibef.org/news/india-becomes-world-s-third-largest-mobile-exporter-at-rs-1-77-141-crore-us-20-5-billion-study Thu, 24 Jul 2025 11:11:09 +0530 The PM VIKAS scheme empowers minority communities through skill development, education, and cultural promotion, merging five earlier schemes and expanding platforms like Hunar Haat for artisans. https://www.ibef.org/news/pmvikas-scheme-focuses-on-empowerment-of-minority-communities-through-skill-development-entrepreneurship-leadership-training-for-minority-women-and-educational-support-for-school-dropouts Thu, 24 Jul 2025 11:08:59 +0530 PMKVY has trained over 5.2 million youth since 2015, boosting incomes and employability, with PMKVY 4.0 using the Skill India Digital Hub to link skills training directly to jobs and apprenticeships. https://www.ibef.org/news/outcome-and-employment-generation-under-pradhan-mantri-kaushal-vikas-yojana-pmkvy Thu, 24 Jul 2025 11:05:04 +0530 Gen Z and millennials in Bengaluru are increasingly choosing co-living spaces over traditional PGs for flexible, all-inclusive living with better amenities, driving rapid sector growth and high occupancy rates. https://www.ibef.org/news/genz-millennials-shift-towards-co-living-spaces-players-plan-expansions Thu, 24 Jul 2025 11:02:59 +0530 State Bank of India (SBI) aims to become a top 10 global bank within five years, backed by strong capital raises, steady growth, and strategic rate adjustments. https://www.ibef.org/news/state-bank-of-india-sbi-eyes-spot-among-world-s-top-10-banks-by-market-value-in-five-years Thu, 24 Jul 2025 10:59:11 +0530 Maruti Suzuki has partnered with DPIIT to support tech-driven startups in mobility and manufacturing, strengthening India’s innovation ecosystem in line with ‘Startup India’ and ‘Make in India.’ https://www.ibef.org/news/maruti-suzuki-and-department-for-promotion-of-industry-and-internal-trade-dpiit-sign-memorandum-of-understanding-mou-to-propel-automobile-mobility-startup-innovation-in-india Thu, 24 Jul 2025 10:55:55 +0530 India’s smartphone shipments rebounded in Q2 2025 with a 7% YoY rise to 39 million units, driven by new launches, offline retail push, and strong festive season preparation. https://www.ibef.org/news/india-s-smartphone-shipments-rebound-in-q2-2025-driven-by-new-launches-and-inventory-push Wed, 23 Jul 2025 10:23:58 +0530 India’s IP filings rose 44% over five years to nearly 6.9 lakh in 2024-25, driven by digital reforms, fee concessions, and strong policy support boosting innovation and protection of indigenous products. https://www.ibef.org/news/india-witnesses-44-surge-in-ip-filings-over-five-years-driven-by-key-policy-reforms-and-digitization Wed, 23 Jul 2025 10:21:09 +0530 Ayushman Bharat Pradhan Mantri Jan Arogya Yojana now covers 1,961 procedures, with over 1.77 lakh Ayushman Arogya Mandirs operational, enhancing access to quality, affordable healthcare across India. https://www.ibef.org/news/initiatives-by-the-government-to-improve-access-availability-and-quality-of-healthcare-services Wed, 23 Jul 2025 10:15:56 +0530 The government has launched a five-year Cotton Mission to improve yields, quality, and resilience, with US$ 698,614 earmarked for large-scale demonstrations and innovation across major cotton-growing states. https://www.ibef.org/news/vision-2030-for-textile-industry Wed, 23 Jul 2025 10:13:05 +0530 The Reserve Bank of India (RBI) Financial Inclusion Index rose 4.3% to 67 in FY25, reflecting stronger access, usage, and quality of financial services across India. https://www.ibef.org/news/reserve-bank-of-india-s-rbi-financial-inclusion-index-shows-growth-across-all-segments-rises-4-3-in-fy25 Wed, 23 Jul 2025 10:10:51 +0530 The Government of India is rolling out a US$ 6.94 billion scheme to modernise 1,000 Industrial Training Institutes under a hub-and-spoke model, aiming to skill two million youth with global funding and industry collaboration. https://www.ibef.org/news/reliance-adani-mahindra-among-top-firms-in-rs-60-000-crore-us-6-94-billion-government-industrial-training-institutes-iti-upgrade-plan Wed, 23 Jul 2025 10:07:41 +0530 India’s venture capital funding rose to US$ 3.5 billion in Q2 2025, defying global trends with strong fintech and health tech investments. https://www.ibef.org/news/india-s-venture-capital-vc-funding-hits-rs-30-205-crore-us-3-5-billion-led-by-fintech-amid-global-slowdown-kpmg Tue, 22 Jul 2025 09:54:57 +0530 India hosts over half of the world’s Global Capability Centres, with expansion now shifting to tier II cities amid rising demand and supportive policy reforms. https://www.ibef.org/news/india-houses-more-than-half-of-the-world-s-global-capability-centres-gccs-report Tue, 22 Jul 2025 09:49:49 +0530 India added a record 22 gigawatts (GW) of renewable capacity in H1 2025, surpassing fossil fuels for the first time and marking a major milestone toward its 2030 clean energy targets. https://www.ibef.org/news/india-s-record-renewables-rollout-moves-it-closer-to-2030-goal Tue, 22 Jul 2025 09:47:19 +0530 L&T Energy GreenTech will build India’s largest green hydrogen plant at IOCL’s Panipat refinery, supplying 10,000 tonnes annually under a 25-year agreement to advance industrial decarbonisation. https://www.ibef.org/news/l-t-to-set-up-india-s-largest-green-hydrogen-plant-at-indian-oil-corporation-iocl-panipat Tue, 22 Jul 2025 09:45:15 +0530 The Goa government has launched the Goa AI Mission 2027 to develop an inclusive, innovation-led AI ecosystem through education, startups, infrastructure, and cultural preservation. https://www.ibef.org/news/goa-government-rolls-out-artificial-intelligence-ai-mission-2027-to-boost-governance-and-innovation Tue, 22 Jul 2025 09:42:44 +0530 EPFO saw a record 20.06 lakh net member additions in May 2025, driven by youth hiring, rising female participation, and robust growth in expert services and manufacturing sectors. https://www.ibef.org/news/employees-provident-fund-organization-epfo-records-all-time-highest-addition-of-20-06-lakh-net-members-during-may-2025-9-42-lakh-new-members-enrolled-with-epfo Tue, 22 Jul 2025 09:38:50 +0530 India’s snacking market is rapidly shifting towards healthier, flavourful options like makhana, with rising consumer demand for clean labels, functional benefits, and a projected US$ 2.32 billion opportunity by 2030. https://www.ibef.org/news/health-drives-snacking-choices-for-72-of-indians-consumer-insights-study Mon, 21 Jul 2025 11:05:55 +0530 India’s exports saw robust growth in Q1 FY26, with electronics surging 47% to US$ 12.41 billion and strong gains in ready-made garments and marine products, reaffirming the US as India's top trade partner. https://www.ibef.org/news/electronics-exports-up-47-in-april-june-quarter-led-by-us-uae-china Mon, 21 Jul 2025 11:01:53 +0530 India’s automobile exports rose 22% YoY in Q1 FY26 to 1.46 million units, led by record passenger vehicle shipments and robust growth in two-wheelers, commercial, and three-wheeler segments. https://www.ibef.org/news/india-s-auto-exports-zoom-22-in-q1-on-record-car-shipments-maruti-grabs-nearly-half-the-pie Mon, 21 Jul 2025 10:57:56 +0530 India’s retail asset securitisation market grew 6% YoY in Q1FY26 to US$ 6.04 billion, driven by microfinance and vehicle loan pools, with rising innovation and the country’s first mortgage-backed securitisation. https://www.ibef.org/news/india-s-retail-asset-backed-securities-market-shows-potential-for-growth Mon, 21 Jul 2025 10:55:56 +0530 Kashmir’s handmade product exports soared to US$ 35.87 million in Q1 FY26, the highest in four years, driven by strong global demand for traditional crafts like shawls and carpets. https://www.ibef.org/news/kashmir-s-handmade-product-exports-cross-rs-300-crore-us-34-75-million-in-the-april-june-quarter Mon, 21 Jul 2025 10:52:56 +0530 India’s tyre industry is set to grow 7–8% this FY26, driven by strong replacement demand, stable input costs, and premiumisation, though export risks from trade tensions and dumping remain a concern. https://www.ibef.org/news/tyre-industry-to-see-7-8-revenue-growth-this-fiscal-year-on-replacement-demand-report Mon, 21 Jul 2025 10:50:01 +0530 India’s industrial and warehousing sector grew 33% YoY in H1 2025, with Delhi NCR and Chennai leading leasing and supply, driven by strong 3PL demand and Grade A space preference. https://www.ibef.org/news/industrial-warehousing-demand-at-all-time-high-20-million-sq-ft-in-h1-2025 Fri, 18 Jul 2025 10:24:38 +0530 At Urja Varta 2025, Union Minister of Petroleum and Natural Gas Mr. Hardeep Singh Puri highlighted upstream reforms, diversified crude sourcing, and major investments to strengthen India’s energy security and global leadership. https://www.ibef.org/news/india-charts-bold-upstream-energy-strategy-at-urja-varta-2025 Fri, 18 Jul 2025 10:21:59 +0530 India’s thermal power sector is set for a US$ 26.71 billion investment surge by 2027–28, with rising private participation and planned 80 GW capacity addition to meet growing base load energy needs. https://www.ibef.org/news/thermal-power-investments-to-double-to-rs-2-30-000-crore-us-26-71-billion-in-three-years Fri, 18 Jul 2025 10:18:59 +0530 India’s under-penetrated aviation sector is set for take-off, fuelled by rising demand, better connectivity, and infrastructure push. https://www.ibef.org/news/india-s-aviation-has-strong-growth-potential-holds-only-4-of-global-traffic-with-18-of-the-world-s-population-jefferies Fri, 18 Jul 2025 10:16:26 +0530 India’s EV charging network grew fivefold from FY22 to early FY25, driven by policy support and investment, but infrastructure must scale faster to meet rising EV adoption and user convenience needs. https://www.ibef.org/news/india-s-electric-vehicle-ev-charging-infra-grew-five-times-in-last-three-years Fri, 18 Jul 2025 10:12:54 +0530 The DGFT’s Trade Connect platform is enhancing MSME global trade participation by offering verified buyer access, digital export tools, and simplified trade data, showcased at major B2B expos for wider adoption. https://www.ibef.org/news/directorate-general-of-foreign-trade-dgft-showcases-trade-connect-eplatform-to-empower-indian-exporters-with-global-market-access-tools-at-iigf-and-toy-biz-international-expo Fri, 18 Jul 2025 10:09:23 +0530 The Cabinet cleared the US$ 2.79 billion Prime Minister Dhan-Dhaanya Krishi Yojana and major green energy investments to boost farming and fast-track India’s clean energy goals. https://www.ibef.org/news/cabinet-clears-rs-24-000-crore-us-2-79-billion-agriculture-push-investments-in-green-energy Thu, 17 Jul 2025 09:28:13 +0530 India’s green warehousing is set to quadruple to 270 million sq. ft by 2030, driven by rising demand, investor confidence, and sustainability certifications amid rapid sector growth. https://www.ibef.org/news/india-s-sustainable-green-warehousing-footprint-set-to-quadruple-by-2030-jll-india-study Thu, 17 Jul 2025 09:26:23 +0530 Indian and Japanese textile firms are poised to deepen collaboration, with strong Japanese interest in investing and sourcing from India, as highlighted at the India Tex Trend Fair in Tokyo. https://www.ibef.org/news/japanese-firms-keen-to-invest-in-india-s-textiles-sector-apparel-export-promotion-council-aepc Thu, 17 Jul 2025 09:24:35 +0530 India’s electric vehicle sales are set to exceed 7% penetration by FY28, driven by new models, expanding charging infrastructure, and government incentives, despite rare earth element supply challenges. https://www.ibef.org/news/electric-vehicle-ev-car-sales-penetration-in-india-to-cross-7-by-fy28-says-careedge Thu, 17 Jul 2025 09:19:19 +0530 India’s festive season will create over 2.16 lakh seasonal jobs in H2 2025, a 15-20% rise led by retail, e-commerce, BFSI, and logistics, with robust growth in tier II cities and rising women’s participation. https://www.ibef.org/news/festive-hiring-likely-to-generate-2-16-000-seasonal-jobs-in-2025-report Thu, 17 Jul 2025 09:13:40 +0530 Crisil forecasts FY26 Consumer Price Index (CPI) inflation at 4% and GDP growth at 6.5%, aided by a good monsoon and soft commodity prices, despite global risks and slowing credit growth. https://www.ibef.org/news/consumer-price-index-cpi-inflation-to-average-4-in-fy26-down-from-4-6-in-fy25-crisil Thu, 17 Jul 2025 09:11:46 +0530 India’s total exports in Q1FY26 grew 5.94% YoY to US$ 210.31 billion, driven by strong performance in electronics, pharma, and services, despite rising imports. https://www.ibef.org/news/the-cumulative-exports-merchandise-services-during-april-june-2025-is-estimated-at-rs-18-05-301-crore-us-210-31-billion-as-compared-to-rs-17-04-096-crore-us-198-52-billion-in-april-june-2024-an-estimated-growth-of-5-94 Wed, 16 Jul 2025 09:57:36 +0530 India's renewable energy sector saw a 420% YoY surge in June 2025, with record capacity additions and a 7.7x jump in Q1 2025 investments, highlighting its rapid shift to clean, inclusive, and investor-driven green growth. https://www.ibef.org/news/india-s-renewable-energy-capacity-soars-420-in-june-solar-now-cheaper-than-coal Wed, 16 Jul 2025 09:54:44 +0530 ISRO hailed Indian Astronaut Mr. Subhanshu Shukla’s 15-day ISS mission as a key step for the Gaganyaan programme, offering vital experience in microgravity and astronaut training through global collaboration. https://www.ibef.org/news/indian-space-research-organisation-isro-says-indian-astronaut-mr-subhanshu-shukla-s-space-mission-will-boost-gaganyaan-project Wed, 16 Jul 2025 09:52:46 +0530 India’s Global Capability Centres saw 8–10% hiring growth in Q1 FY26, driven by demand for niche skills in AI, cybersecurity, and digital roles, with Tier-II cities showing rapid expansion despite talent gaps. https://www.ibef.org/news/india-s-global-capability-centres-gccs-hiring-rebounds-8-10-in-q1-fy26-as-focus-shifts-from-volume-to-value Wed, 16 Jul 2025 09:48:28 +0530 Nearly 4.7 lakh residential plots worth US$ 27.96 billion were launched across 10 cities since 2022, driven by post-COVID demand for customisable, high-appreciation assets and faster developer cash flows. https://www.ibef.org/news/rs-2-40-000-crore-us-27-96-billion-worth-of-housing-plots-launched-in-last-three-and-a-half-years-propequity Wed, 16 Jul 2025 09:45:08 +0530 Swiss luxury watchmaker H. Moser & Cie. has opened its first India boutique in Gurugram with Ethos Ltd, reflecting India’s rising status as a key market for high-end independent timepieces. https://www.ibef.org/news/india-is-one-of-the-fastest-growing-luxury-watch-markets-ceo-of-h-moser-cie-mr-edouard-meylan Wed, 16 Jul 2025 09:42:44 +0530 India’s retail inflation dropped to a six-year low of 2.1% in June 2025, driven by softening food and fuel prices, while wholesale inflation also turned negative, reflecting broad-based price easing. https://www.ibef.org/news/india-s-retail-inflation-eases-to-2-1-in-june-lowest-since-january-2019 Tue, 15 Jul 2025 10:21:00 +0530 At the One District One Product (ODOP) 2024 Awards, Union Minister of Commerce and Industry, Mr. Piyush Goyal emphasised globalising local products through PM Ekta Malls, digital platforms, and strong district branding. https://www.ibef.org/news/commerce-ministry-to-issue-new-guidelines-to-promote-first-time-exporters-and-new-markets-under-national-one-district-one-product-odop-union-minister-of-commerce-and-industry-mr-piyush-goyal Tue, 15 Jul 2025 10:18:51 +0530 MoSPI, in collaboration with UNSIAP and UNSD, is hosting a regional workshop from July 14-16, 2025 to enhance data ethics, governance, and quality, with participation from 16 Asia-Pacific countries. https://www.ibef.org/news/india-deepens-regional-statistical-ties-in-cooperation-with-united-nations-un-agencies Tue, 15 Jul 2025 10:16:25 +0530 India’s second-longest cable-stayed bridge was inaugurated at Sigandur, Karnataka, improving connectivity and boosting tourism in the region, with the US$ 54.88 million project replacing decades-old ferry travel. https://www.ibef.org/news/union-minister-for-road-transport-and-highways-mr-nitin-gadkari-inaugurates-india-s-second-longest-cable-styled-bridge-in-karnataka-s-shivamogga Tue, 15 Jul 2025 10:13:56 +0530 Property prices near airports in cities like Navi Mumbai and Noida have doubled from FY21 to FY25, outpacing city averages, driven by enhanced connectivity and infrastructure-led growth in micro-markets. https://www.ibef.org/news/airports-fueling-real-estate-growth-in-key-cities Tue, 15 Jul 2025 10:10:00 +0530 Luxury rehabilitation centres are increasingly popular in India, offering high-end care and amenities to affluent clients at US$ 2,326-7,558 per month, far cheaper than global options, yet culturally tailored and comprehensive. https://www.ibef.org/news/luxury-rehab-centres-on-the-rise-as-affluent-indians-seek-mental-care Tue, 15 Jul 2025 10:07:05 +0530 India’s luxury housing market soared 85% YoY in H1 2025, with 7,000 units sold, led by Delhi-NCR, as rising aspirations, High-Net-Worth Individual (HNI) investments, and policy support fuel sustained growth. https://www.ibef.org/news/luxury-home-sales-up-85-in-seven-cities-in-h1-2025-report Mon, 14 Jul 2025 10:39:20 +0530 Prime Minister Mr. Narendra Modi highlighted over 10 lakh jobs created under Rozgar Mela and announced a US$ 11.62 billion Employment Linked Incentive Scheme to boost private sector employment and drive inclusive growth. https://www.ibef.org/news/prime-minister-mr-narendra-modi-highlights-job-creation-through-welfare-manufacturing-push Mon, 14 Jul 2025 10:36:56 +0530 India launches its first incentive scheme for electric trucks under PM E-DRIVE, targeting 5,600 e-truck deployments to cut freight emissions and boost clean mobility across key sectors. https://www.ibef.org/news/india-rolls-out-first-ever-e-truck-incentive-scheme-under-prime-minister-mr-narendra-modi-s-green-mobility-vision Mon, 14 Jul 2025 10:34:57 +0530 India’s data centre capacity is set to nearly triple to three GW by 2030, driven by artificial intelligence (AI), cloud growth, and data localisation, supported by rising investments and government incentives. https://www.ibef.org/news/india-s-data-centre-capacity-to-hit-three-gw-by-2030-on-investment-surge-report Mon, 14 Jul 2025 10:32:32 +0530 Large-scale electronics and pharmaceutical manufacturing dominated the Production-Linked Incentive (PLI) scheme disbursements in FY25, accounting for nearly 70% of the total fiscal outlay. https://www.ibef.org/news/electronics-pharma-sectors-corner-70-of-production-linked-incentive-pli-disbursements-in-fy25 Mon, 14 Jul 2025 10:27:32 +0530 Chairman and Founder of the Adani Group, Mr. Gautam Adani, commits US$ 6.99 billion to artificial intelligence (AI)-powered 1,000-bed hospitals, pioneering India’s healthcare transformation. https://www.ibef.org/news/chairman-and-founder-of-the-adani-group-mr-gautam-adani-announces-rs-60-000-crore-us-6-99-billion-investment-for-healthcare-revolution Mon, 14 Jul 2025 10:25:08 +0530 Marking 29 years, IBEF continues to drive India’s global trade presence through strategic branding, sectoral promotion, and campaigns like ‘Discover India’, supporting exports across key industries and international platforms. https://www.ibef.org/news/the-india-brand-equity-foundation-ibef-celebrates-29-years-of-promoting-indian-industry-and-exports-globally Fri, 11 Jul 2025 10:44:03 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, outlined India’s 4,000% solar growth and a US$ 11.67 billion innovation fund to achieve 500 GW renewable capacity by 2030. https://www.ibef.org/news/india-achieves-4-000-solar-capacity-growth-union-minister-of-commerce-and-industry-mr-piyush-goyal Fri, 11 Jul 2025 10:41:37 +0530 India leads globally in fast payments, with UPI driving a major shift from cash to digital transactions, processing over 18 billion monthly payments and showing strong YoY growth despite minor fluctuations. https://www.ibef.org/news/india-now-makes-fastest-payments-globally-driven-by-upi-imf-note Fri, 11 Jul 2025 10:38:32 +0530 Quick-commerce orders in India doubled to US$ 7.47 billion in FY25, driven by rising revenues, micro-warehouses, and expansion into smaller cities, with robust growth expected ahead. https://www.ibef.org/news/quick-commerce-orders-soar-to-rs-64-000-crore-us-7-47-billion-in-fy25-to-touch-rs-2-00-000-crore-us-23-34-billion-by-fy28 Fri, 11 Jul 2025 10:36:06 +0530 India’s primary market expects US$ 18 billion in Initial Public Offering (IPOs) in H2 2025, driven by marquee firms and renewed investor confidence. https://www.ibef.org/news/indian-initial-public-offering-ipos-set-to-raise-up-to-rs-1-54-242-crore-us-18-billion-in-h2-2025-surge-jefferies-financial-group Fri, 11 Jul 2025 10:33:59 +0530 Private equity inflows into India’s real estate surged 38% to US$ 2.4 billion in H1 2025, led by land and commercial office investments, with foreign investors driving 76% of the growth. https://www.ibef.org/news/foreign-private-equity-pe-investors-bet-big-on-india-s-real-estate-land-retail-drive-h1-surge Fri, 11 Jul 2025 10:31:34 +0530 Indian Space Research Organisation (ISRO) successfully conducted two hot tests of the Gaganyaan Service Module Propulsion System, marking a major milestone in India’s human spaceflight mission. https://www.ibef.org/news/indian-space-research-organisation-isro-successfully-conducts-hot-tests-of-gaganyaan-propulsion-system Thu, 10 Jul 2025 10:34:41 +0530 India’s agriculture and fisheries exports have reached US$ 52.58 billion, with the potential to grow to US$ 233.67 billion through enhanced food processing, branding, packaging, and sustainable farming initiatives. https://www.ibef.org/news/agri-exports-can-rise-from-rs-4-50-000-crore-us-52-58-billion-to-rs-20-00-000-crore-us-233-67-billion-with-focus-on-processing-branding-union-minister-of-commerce-and-industry-mr-piyush-goyal Thu, 10 Jul 2025 10:30:19 +0530 India is emerging as Asia Pacific’s top warehousing destination, with 70% of occupiers planning expansion, driven by infrastructure upgrades, environmental, social, and governance (ESG) focus, and robust demand. https://www.ibef.org/news/india-emerges-as-asia-pacific-s-apac-top-logistics-hub Thu, 10 Jul 2025 10:27:54 +0530 India’s data centre sector will attract US$ 18.7–23.3 billion by FY32, doubling capacity to 2.4 GW by FY28, driven by rising demand and artificial intelligence (AI) growth. https://www.ibef.org/news/data-centres-to-attract-rs-1-60-000-crore-us-18-67-billion-investment-in-next-five-years-report Thu, 10 Jul 2025 10:25:32 +0530 India is nearing its 2025 target of 50% non-fossil fuel power capacity, with renewables now contributing nearly half of the total 475.59 GW installed energy capacity. https://www.ibef.org/news/india-may-meet-the-non-fossil-fuel-power-capacity-target-by-year-end-says-union-minister-of-housing-urban-affairs-and-power-mr-manohar-lal Thu, 10 Jul 2025 10:20:56 +0530 Affluent Indian investors are doubling gold, embracing alternatives, and eyeing global markets, signalling rising diversification and confidence. https://www.ibef.org/news/wealthy-indian-investors-prefer-gold-global-markets-to-cash-reserves-hsbc Thu, 10 Jul 2025 10:18:41 +0530 India’s electric vehicle sales rose 28.60% YoY in June 2025 to 1,80,238 units, driven by strong electric passenger vehicles (e-PVs) growth, policy support, and rising consumer adoption across segments. https://www.ibef.org/news/electric-vehicle-ev-sales-rise-28-6-in-june-electric-passenger-vehicles-e-pvs-commercial-vehicles-cvs-lead-growth-federation-of-automobile-dealers-associations-fada Wed, 09 Jul 2025 10:14:02 +0530 India’s services sector, now contributing 55% to GDP in FY25, is propelling the nation towards its US$ 5 trillion economy goal, led by rapid growth in Information Technology (IT), finance, healthcare, telecom, and e-commerce. https://www.ibef.org/news/india-s-services-sector-epochal-opportunity-for-investors-report Wed, 09 Jul 2025 10:11:03 +0530 India’s consumer sector showed early signs of revival in Q1 FY26, led by rising urban demand across fast-moving consumer goods (FMCG), beauty, fashion, and jewellery, with improved monsoons expected to further boost sentiment. https://www.ibef.org/news/beauty-biscuits-and-bridal-gold-shine-in-q1-fy26 Wed, 09 Jul 2025 10:08:20 +0530 The Ministry of Information & Broadcasting’s Kalaa Setu invites artificial intelligence (AI) startups to develop multilingual real-time content tools, advancing India’s inclusive digital governance and bridging language barriers. https://www.ibef.org/news/start-up-accelerator-wavex-launches-kalaa-setu-a-nationwide-initiative-inviting-india-s-leading-artificial-intelligence-ai-startups-to-come-up-with-a-real-time-multilingual-multimedia-content-generation-solution-for-prompt-reach-out-to-citizens-in-governance Wed, 09 Jul 2025 10:06:29 +0530 Syrma SGS plans India’s largest multi-layer Printed Circuit Board (PCB) facility in Andhra Pradesh with US$ 210.1 million investment, boosting electronics and electric mobility sectors by 2026–27. https://www.ibef.org/news/andhra-pradesh-to-host-india-s-largest-printed-circuit-board-pcb-unit-as-syrma-sgs-shinhyup-join-hands Wed, 09 Jul 2025 10:03:55 +0530 India’s real estate market saw record land deals in H1 2025, with 2,898 acres transacted worth US$ 3.61 billion, driven by residential demand and rising activity in tier II and tier III cities. https://www.ibef.org/news/india-s-land-rush-2-900-acres-transacted-in-h1-2025-more-than-all-of-2024 Wed, 09 Jul 2025 10:00:16 +0530 Retail sales of passenger vehicles in India grew 2.5% YoY in June 2025, with overall automobile sales rising 5%, reflecting strong demand across all segments. https://www.ibef.org/news/automobile-retail-sales-rise-5-in-june-passenger-vehicles-up-2-5-federation-of-automobile-dealers-associations-fada Tue, 08 Jul 2025 09:25:28 +0530 Prime Minister Mr. Narendra Modi, at the BRICS Summit, called for ethical, inclusive Artificial Intelligence (AI) governance and deeper multilateral cooperation across science, agriculture, and sustainable development. https://www.ibef.org/news/prime-minister-mr-narendra-modi-calls-for-responsible-artificial-intelligence-ai-invites-brics-nations-to-ai-impact-summit Tue, 08 Jul 2025 09:23:41 +0530 India’s mining sector is witnessing tech-driven reforms and record growth, with Rajasthan posting a 24% royalty surge and inviting sustainable, responsible investments. https://www.ibef.org/news/significant-reforms-implemented-in-past-11-years-to-boost-mining-sector-union-minister-for-coal-and-mines-mr-gangapuram-kishan-reddy Tue, 08 Jul 2025 09:21:46 +0530 Foreign institutional investment in Indian real estate jumped 242% QoQ in Q2 2025 to US$ 1.19 billion, driven by renewed interest in commercial assets from the United States, Japan, and Hong Kong. https://www.ibef.org/news/the-united-states-japan-hong-kong-drive-foreign-investment-into-india-s-real-estate-market Tue, 08 Jul 2025 09:19:31 +0530 India aims to more than double its maize production to 86 million tonnes by 2047, driven by high-yield seeds, higher starch content and crop diversification. https://www.ibef.org/news/india-aims-to-double-maize-output-to-86-million-tonnes-by-2047-union-minister-for-agriculture-and-farmers-welfare-and-rural-development-mr-shivraj-singh-chouhan Tue, 08 Jul 2025 09:16:45 +0530 Tata Steel and Australia’s InQuik Group have partnered to roll out rapid, modular bridge systems across India, boosting rural connectivity with smart, durable infrastructure. https://www.ibef.org/news/tata-steel-ties-up-with-inquik-to-bring-modular-bridge-technology-to-india-for-faster-bridge-construction Tue, 08 Jul 2025 09:15:03 +0530 India has ranked fourth globally in income equality with a Gini Index score of 25.5, reflecting progress in equitable growth driven by inclusive policies and sharp poverty reduction. https://www.ibef.org/news/the-government-says-india-ranks-fourth-in-income-equality-on-world-bank-database Mon, 07 Jul 2025 10:57:45 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, announced a soon-to-be-launched scheme to boost toy production by enhancing design, quality, branding, and packaging, aiming to expand exports and support local manufacturing clusters. https://www.ibef.org/news/government-to-introduce-scheme-to-boost-toy-industry-says-union-minister-of-commerce-industry Mon, 07 Jul 2025 10:54:31 +0530 The UAE has launched a nomination-based Golden Visa for Indians, offering lifetime residency without major investments, aligning with CEPA goals and easing access for professionals and entrepreneurs. https://www.ibef.org/news/united-arab-emirates-s-golden-visa-for-indians-now-without-trade-license-property-purchase Mon, 07 Jul 2025 10:51:44 +0530 Union Minister of State for Road Transport and Highways, Mr. Ajay Tamta, urged innovation-led, safety-focused, and context-specific infrastructure planning to drive India’s transformation under the Viksit Bharat 2047 vision. https://www.ibef.org/news/from-roads-to-corridors-of-innovation-building-india-s-infrastructure-future-is-not-just-a-goal-it-s-a-responsibility-union-minister-of-state-for-road-transport-and-highways-mr-ajay-tamta Mon, 07 Jul 2025 10:48:48 +0530 India’s fintech sector ranked third globally in H1 2025 startup funding, raising US$ 889 million amid rising early-stage investments and M&A activity, driven by Bengaluru and key investors like Accel. https://www.ibef.org/news/india-s-fintech-sector-ranks-third-globally-in-h1-2025-funding-round-tracxn Mon, 07 Jul 2025 10:46:13 +0530 OYO plans to add 250 DanCenter vacation homes across India in FY26, expanding its premium holiday portfolio to meet growing domestic demand for organised luxury stays. https://www.ibef.org/news/oyo-owned-european-holiday-home-brand-dancenter-plans-to-add-250-vacation-homes-in-india-in-fy26 Mon, 07 Jul 2025 10:40:39 +0530 India’s services sector growth hit a 10-month high in June 2025, with the HSBC Services Purchasing Managers' Index (PMI) rising to 60.4 on the back of strong domestic demand, higher export orders, and steady job creation. https://www.ibef.org/news/june-services-purchasing-managers-index-pmi-touches-10-month-high-at-60-4-on-sharp-upturn-in-new-business Fri, 04 Jul 2025 09:49:22 +0530 Prime Minister Mr. Narendra Modi, addressing Ghana’s Parliament, reaffirmed India’s role in shaping a balanced global order and championing the Global South amid calls for reforms in global governance. https://www.ibef.org/news/prime-minister-mr-narendra-modi-in-ghana-parliament-strong-india-will-contribute-to-more-stable-and-prosperous-world Fri, 04 Jul 2025 09:47:50 +0530 India’s economy is forecast to grow 6.40-6.70% in FY26, driven by strong domestic demand and monetary easing, despite external trade and geopolitical risks. https://www.ibef.org/news/india-s-fy26-gross-domestic-product-gdp-growth-likely-to-be-6-4-6-7-amid-strong-demand-confederation-of-indian-industry-cii Fri, 04 Jul 2025 09:46:13 +0530 Tamil Nadu aims to boost annual seafood exports to US$ 5 billion by enhancing infrastructure and value addition, strengthening coastal livelihoods despite global trade challenges. https://www.ibef.org/news/tamil-nadu-plans-seafood-exports-of-rs-42-745-crore-us-5-billion-sets-roadmap-for-blue-economy Fri, 04 Jul 2025 09:43:00 +0530 India’s advertising market is set to grow 7.8% in 2025 to US$ 16.01 billion, led by robust digital expansion, rising consumer demand, and continued sectoral investment across media, technology, retail, and gaming. https://www.ibef.org/news/india-s-advertising-market-projected-to-grow-at-7-8-in-2025-magna Fri, 04 Jul 2025 09:41:00 +0530 APEDA has launched the ‘Indian Mango Mania 2025’ campaign in Abu Dhabi to enhance global visibility for Indian mangoes, in collaboration with the Embassy of India in the UAE and the Lulu Group. https://www.ibef.org/news/the-agricultural-and-processed-food-products-export-development-authority-apeda-organizes-indian-mango-mania-2025-in-abu-dhabi-to-promote-indian-mango-exports Fri, 04 Jul 2025 09:38:20 +0530 India’s tyre exports jumped 9% in FY25 to US$ 2.93 billion, led by farm and off-the-road (OTR) tyres, as the industry scales up local rubber cultivation to cut imports and sustain global growth. https://www.ibef.org/news/india-s-tyre-exports-rise-9-to-rs-25-051-crore-us-2-93-billion-in-fy25-despite-global-headwinds Thu, 03 Jul 2025 09:27:25 +0530 India’s US$ 11.65 billion Research, Development and Innovation (RDI) scheme will boost deep-tech and Research and Development (R&D) funding, bridge gaps, and attract talent to build cutting-edge innovations. https://www.ibef.org/news/research-development-and-innovation-rdi-scheme-a-major-boost-for-research-and-development-r-d-and-deep-tech-in-india-industry Thu, 03 Jul 2025 09:25:40 +0530 India’s rising middle class and digitally savvy youth are set to drive global leisure travel growth, with spending poised to surge amid shifting preferences towards experience-led tourism. https://www.ibef.org/news/india-s-rising-middle-class-joins-the-rs-12-84-60-000-crore-us-15-trillion-global-travel-opportunity Thu, 03 Jul 2025 09:23:58 +0530 India Energy Storage Week 2025 will host global leaders and showcase cutting-edge energy storage technologies, boosting international collaboration and India’s clean energy ambitions. https://www.ibef.org/news/ministries-firms-from-20-plus-nations-to-join-india-energy-storage-week-2025 Thu, 03 Jul 2025 09:22:02 +0530 Leasing by Global Capability Centres (GCCs) surged 24% YoY to 31.8 million sq. ft in FY25, led by Bengaluru and Mumbai, cementing GCCs as key drivers of India’s office real estate growth. https://www.ibef.org/news/office-space-demand-from-global-capability-centres-gccs-up-24-at-31-8-million-square-feet-sq-ft-in-fy25-vestian Thu, 03 Jul 2025 09:19:14 +0530 Receivables Exchange of India Ltd (RXIL) has crossed US$ 23.35 billion in cumulative invoice financing, strengthening MSME credit access through its digital Trade Receivables e-Discounting System (TReDS) platform. https://www.ibef.org/news/trade-receivables-e-discounting-system-treds-platform-receivables-exchange-of-india-ltd-rxil-crosses-rs-2-00-000-crore-us-23-35-billion-msmes-invoice-financing-milestone Thu, 03 Jul 2025 09:17:34 +0530 India’s renewable energy output jumped 24.4% YoY in H1 2025, with renewables hitting a record 17% share in June, signalling strong momentum toward its 500 GW clean energy target. https://www.ibef.org/news/india-renewable-power-output-grows-at-fastest-pace-in-three-years Wed, 02 Jul 2025 10:03:22 +0530 India celebrates 10 years of Digital India, transforming governance and inclusion through 97 crore internet users, Unified Payments Interface (UPI)-led payments, and global-scale digital infrastructure. https://www.ibef.org/news/prime-minister-mr-narendra-modi-marks-10-years-of-digital-india-eyes-global-digital-leadership Wed, 02 Jul 2025 10:01:02 +0530 India launches US$ 11.68 billion Research, Development and Innovation (RDI) Scheme to drive private-sector innovation in artificial intelligence (AI), green tech, and deep-tech, aiming to position the nation as a global innovation hub. https://www.ibef.org/news/government-approves-rs-1-00-000-crore-us-11-68-billion-research-development-and-innovation-rdi-scheme-to-boost-private-sector-innovation Wed, 02 Jul 2025 09:58:15 +0530 Micro, Small and Medium Enterprises (MSMEs) have emerged as the leading drivers of bank credit growth in FY25, with improved asset quality and an all-time high lending share, backed by government credit guarantee schemes. https://www.ibef.org/news/micro-small-and-medium-enterprises-msmes-are-the-new-engine-of-credit-growth-for-banks-outpacing-retail-loans Wed, 02 Jul 2025 09:56:12 +0530 India is poised to remain the world’s fastest-growing economy through 2026, driven by resilient domestic demand, policy reforms, and strong investment flows, despite a global economic slowdown. https://www.ibef.org/news/india-s-gross-domestic-product-gdp-pegged-at-6-4-in-2026-to-remain-fastest-growing-economy-till-next-year-despite-global-slowdown-report Wed, 02 Jul 2025 09:54:23 +0530 India’s Initial Public Offering (IPO) market is poised for a strong rebound, with companies expected to raise US$ 2.4 billion in July 2025, marking the highest monthly total since December 2024. https://www.ibef.org/news/india-s-initial-public-offering-ipo-market-eyes-rs-20-565-crore-us-2-4-billion-in-offerings-in-july-on-confidence-revival Wed, 02 Jul 2025 09:52:04 +0530 India’s GST collections hit a record US$ 257 billion in FY25, doubling in five years and reflecting strong domestic demand and tax compliance growth. https://www.ibef.org/news/india-s-goods-and-services-tax-gst-collections-hit-all-time-high-of-rs-22-08-000-crore-us-257-billion-in-fy25-a-9-4-growth-yoy-details-here Tue, 01 Jul 2025 09:32:07 +0530 FinTech NBFCs disbursed 10.9 crore personal loans worth US$ 12.42 billion in FY25, dominating small-ticket credit and deepening financial inclusion across young and underserved borrowers. https://www.ibef.org/news/fintech-deepens-access-to-formal-credit-with-11-crore-loans-in-fy25 Tue, 01 Jul 2025 09:29:28 +0530 The RBI has slashed provisioning norms for under-construction infrastructure projects to 1%, effective October 2025, a move Moody’s says will revive credit flow and boost funding appetite in the sector. https://www.ibef.org/news/moody-s-expects-infra-credit-revival-as-reserve-bank-of-india-rbi-eases-provisioning-norms Tue, 01 Jul 2025 09:25:45 +0530 India’s hospital sector is seeing record investments and consolidation, driven by rising demand in tier II and III cities, with major players vying for regional assets and high-growth specialty care. https://www.ibef.org/news/big-money-is-making-a-beeline-for-indian-hospitals Tue, 01 Jul 2025 09:23:00 +0530 Mahindra & Mahindra’s FY25 growth, led by green energy and electric vehicles, underscores India’s rise as a global manufacturing powerhouse. https://www.ibef.org/news/india-poised-to-emerge-as-global-manufacturing-powerhouse-chief-executive-officer-and-managing-director-of-mahindra-mahindra-group-mr-anish-shah Tue, 01 Jul 2025 09:20:08 +0530 HCLTech has partnered with OpenAI to integrate generative AI across its platforms, accelerating enterprise AI adoption and transforming business processes globally. https://www.ibef.org/news/hcltech-openai-collaborate-to-drive-large-scale-enterprise-artificial-intelligence-ai-adoption Tue, 01 Jul 2025 09:18:19 +0530 India sets a US$ 1 billion turmeric export target by 2030, with a new national board boosting branding, Research and Development, and farmer incomes. https://www.ibef.org/news/india-has-set-a-rs-8-549-crore-us-1-billion-turmeric-export-target-by-2030-union-home-minister-mr-amit-shah Mon, 30 Jun 2025 10:25:49 +0530 India marked a dual export milestone with the first shipments of rose-scented litchi from Punjab to Qatar and the United Arab Emirates (UAE), boosting global market access for high-value horticultural produce. https://www.ibef.org/news/india-flags-off-first-consignment-of-rose-scented-litchi-from-pathankot-to-qatar Mon, 30 Jun 2025 10:23:32 +0530 India’s mobile services revenue is set to grow at a 5.4% CAGR to US$ 39.3 billion by 2029, driven by rural penetration and 5G expansion, with data revenues offsetting declining voice services. https://www.ibef.org/news/mobile-services-revenue-to-grow-to-rs-3-35-976-crore-us-39-3-billion-in-2029-vs-rs-2-58-180-crore-us-30-2-billion-in-2023-report Mon, 30 Jun 2025 10:21:52 +0530 India’s manufacturing sector is gaining momentum with improved infrastructure and Grade-A warehousing, boosted by government initiatives and rising interest in tier two and three cities. https://www.ibef.org/news/plug-and-play-industrial-parks-to-help-manufacturing-capability-of-india-survey Mon, 30 Jun 2025 10:20:01 +0530 India’s data centre growth is shifting towards edge and containerised solutions, with rising demand from smaller cities and a focus on low-latency, scalable infrastructure for a digital-first economy. https://www.ibef.org/news/emerging-cities-edge-centres-to-boost-data-storage-infrastructure-nes-data Mon, 30 Jun 2025 10:15:49 +0530 Raphe mPhibr has raised US$ 100 million, the largest private funding in India’s drone sector, to scale indigenous unmanned aerial vehicles (UAVs) production and boost aerospace self-reliance. https://www.ibef.org/news/raphe-mphibr-raises-rs-855-crore-us-100-million-in-landmark-defence-drone-funding-round Mon, 30 Jun 2025 10:13:32 +0530 Grade A office leasing in India’s top seven cities grew 11% YoY to 17.8 million square feet in Q2 CY25, led by tech, BFSI, and flexible workspace demand, signalling strong occupier confidence. https://www.ibef.org/news/grade-a-office-leasing-up-11-in-q2-cy25-led-by-flex-space-demand-report Fri, 27 Jun 2025 09:30:14 +0530 President of India Ms. Droupadi Murmu will inaugurate ‘Micro, Small and Medium Enterprises (MSME) Day’ on June 27, 2025, launching key initiatives to boost the sector’s growth and resilience. https://www.ibef.org/news/president-of-india-ms-droupadi-murmu-to-preside-over-micro-small-and-medium-enterprises-msme-day-on-june-27-2025 Fri, 27 Jun 2025 09:28:20 +0530 India advances hydrogen fuel cell trucks with major projects by Tata Motors, Ashok Leyland, and Indian Oil, aligning with its 2070 net-zero target and green freight ambitions. https://www.ibef.org/news/hydrogen-wheels-why-union-minister-for-road-transport-and-highways-mr-nitin-gadkari-is-betting-big-on-trucks-powered-by-fuel-cells Fri, 27 Jun 2025 09:25:30 +0530 India leverages record rice surplus to accelerate ethanol production, reinforcing its clean energy ambitions and reducing fossil fuel reliance. https://www.ibef.org/news/from-shortage-to-surplus-india-pours-record-rice-crop-into-ethanol Fri, 27 Jun 2025 09:23:15 +0530 India’s fixed broadband market is set for a high-speed leap, driven by fibre and 5G fixed wireless access (FWA) expansion, with revenue projected to hit US$ 16.5 billion by 2029. https://www.ibef.org/news/india-s-wired-and-wireless-home-internet-market-to-touch-rs-1-41-323-crore-us-16-5-billion-in-five-years-report Fri, 27 Jun 2025 09:21:42 +0530 Schneider Electric is developing a 5,00,000 square feet green information technology (IT) manufacturing facility in Tamil Nadu to boost capacity and sustainability. https://www.ibef.org/news/schneider-electric-to-set-up-5-00-000-square-feet-sq-ft-manufacturing-facility-in-tamil-nadu Fri, 27 Jun 2025 09:19:26 +0530 India’s net Foreign direct investment (FDI) doubled to US$ 3.9 billion in April 2025, driven by lower capital repatriation and strong inflows, reaffirming the country’s appeal as a global investment hub. https://www.ibef.org/news/net-foreign-direct-investment-fdi-improves-to-rs-33-528-crore-us-3-9-billion-in-april-2025-as-repatriation-slows-reserve-bank-of-india-rbi Thu, 26 Jun 2025 10:46:02 +0530 Union Minister for Road Transport and Highways, Mr. Nitin Gadkari, reaffirmed infrastructure ambitions with plans to sanction US$ 58.16 billion in projects this year, focusing on connectivity, green mobility, and execution reforms under the Gati Shakti framework. https://www.ibef.org/news/plan-to-double-projects-to-rs-5-00-000-crore-us-58-16-billion-this-year-says-union-minister-for-road-transport-and-highways-mr-nitin-gadkari Thu, 26 Jun 2025 10:42:04 +0530 Indian Air Force Group Captain and astronaut, Mr. Shubhanshu Shukla, became the first Indian to reach the International Space Station (ISS) aboard Axiom Mission 4, marking a historic step in India's human spaceflight journey and boosting the nation’s private space ambitions. https://www.ibef.org/news/india-returns-to-space-after-41-years-indian-air-force-group-captain-and-astronaut-mr-shubhanshu-shukla-lifts-off-on-axiom-4 Thu, 26 Jun 2025 10:40:05 +0530 India’s credit card spends hit US$ 22.08 billion in May 2025, up 15% YoY, driven by holiday travel and a rebound in new card issuances. https://www.ibef.org/news/indians-with-ticket-to-travel-give-credit-card-spends-a-boost Thu, 26 Jun 2025 10:37:43 +0530 IDFC FIRST Bank has enabled Unified Payments Interface (UPI) access for Non-Resident Indians (NRIs) in 12 countries, allowing seamless India-based transactions without an Indian SIM or fees. https://www.ibef.org/news/idfc-first-bank-launches-unified-payments-interface-upi-for-indians-in-12-countries-how-service-works Thu, 26 Jun 2025 10:35:21 +0530 Foxconn has secured approval for investments exceeding US$ 2.20 billion, with US$ 1.49 billion allocated to expand its India operations, reinforcing the country’s position as a global iPhone manufacturing hub. https://www.ibef.org/news/iphone-maker-foxconn-to-invest-rs-18-935-crore-us-2-20-billion-in-india-united-states-as-it-shifts-from-china Thu, 26 Jun 2025 10:32:29 +0530 S&P has raised India’s FY26 gross domestic product (GDP) growth forecast to 6.5%, citing strong domestic demand, easing oil prices, and policy support, despite persistent global trade and geopolitical risks. https://www.ibef.org/news/standard-poor-s-s-p-ups-india-s-fy26-growth-forecast-to-6-5-on-resilient-domestic-demand Wed, 25 Jun 2025 10:41:34 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, affirmed India’s path to a US$ 5 trillion economy by 2027, highlighting reforms, global trade ties, and tech-led growth as key drivers of long-term prosperity. https://www.ibef.org/news/india-on-track-to-be-us-5-trillion-economy-by-2027-despite-global-risks-mr-piyush-goyal Wed, 25 Jun 2025 10:37:39 +0530 India opens electric vehicle manufacturing scheme with duty cuts and US$ 482 million investment mandate to attract global players and boost local production. https://www.ibef.org/news/india-opens-doors-to-global-electric-vehicle-ev-giants-with-portal-launch-under-scheme-to-promote-manufacturing-of-electric-passenger-cars-in-india-spmepci Wed, 25 Jun 2025 10:34:39 +0530 Union Minister of Communications, Mr. Jyotiraditya Scindia, projects India’s Wi-Fi sector to reach US$ 22 billion by 2035, driven by affordable data, deregulated spectrum, and PM-WANI for digital inclusion. https://www.ibef.org/news/wi-fi-segment-to-be-worth-rs-1-89-332-crore-us-22-billion-by-2035-in-india-union-minister-of-communications-mr-jyotiraditya-scindia Wed, 25 Jun 2025 10:32:32 +0530 Walmart aims to source goods worth US$ 10 billion annually from India by 2027, deepening its local partnerships and scaling MSME engagement through its Vriddhi programme. https://www.ibef.org/news/working-with-suppliers-to-reach-rs-86-030-crore-us-10-billion-sourcing-from-india-chief-executive-officer-and-president-walmart-inc-mr-doug-mcmillon Wed, 25 Jun 2025 10:29:35 +0530 India’s mobile phone exports hit US$ 3.09 billion in May, up 74% YoY, driven by Apple shipments and strong PLI-backed growth in domestic manufacturing and global demand. https://www.ibef.org/news/mobile-exports-grow-74-in-may-to-record-second-highest-figures-ever Wed, 25 Jun 2025 10:25:59 +0530 India’s economic activity hit a 14-month high in June, driven by strong manufacturing and services growth, rising exports, and steady hiring despite easing business sentiment. https://www.ibef.org/news/india-s-economic-activity-hits-14-month-high-in-june-on-strong-manufacturing-services-growth-hsbc-flash-purchasing-managers-index-pmi Tue, 24 Jun 2025 11:19:39 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal affirmed that India’s FTAs are shaped through extensive stakeholder consultations, prioritising national interests and industry needs while promoting efficient, inclusive trade governance https://www.ibef.org/news/government-holds-wide-free-trade-agreements-fta-talks-to-protect-domestic-industry-union-minister-of-commerce-industry-mr-piyush-goyal Tue, 24 Jun 2025 11:16:37 +0530 India tops Asia Pacific in commercial real estate resilience, driven by strong demand across office, retail, and logistics sectors. https://www.ibef.org/news/india-emerges-as-asia-pacific-s-top-office-real-estate-market-on-robust-leasing-sentiment-report Tue, 24 Jun 2025 11:12:16 +0530 India’s game studios are evolving from outsourcing to creating original intellectual property (IP) with local themes, fuelling growth in the US$ 3.8 billion mobile gaming market despite funding dips. https://www.ibef.org/news/indian-game-studios-level-up-with-local-ips-and-cultural-narratives Tue, 24 Jun 2025 11:09:45 +0530 India Inc views the GST regime positively after eight years, citing growth and compliance benefits, though calls continue for rate rationalisation, faster refunds, and stronger dispute resolution. https://www.ibef.org/news/industry-finds-gst-beneficial-seeks-clarity-and-dispute-reform-survey Tue, 24 Jun 2025 11:06:34 +0530 India’s textile micro, small, and medium enterprises (MSMEs), led by Tiruppur, are embracing AI to boost efficiency, exports, and sustainability, marking a tech-driven revival of the country’s historic textile industry. https://www.ibef.org/news/textile-industry-knits-business-with-artificial-intelligence-ai-as-companies-adopt-technology Tue, 24 Jun 2025 11:01:26 +0530 In a first, ISRO has transferred SSLV launch tech to HAL for US$ 59.70 million, boosting India’s private space sector and small satellite launch capabilities. https://www.ibef.org/news/indian-space-research-organisation-isro-transfers-small-satellite-launch-vehicle-sslv-tech-to-defence-major-hindustan-aeronautics-ltd-hal-in-a-rs-511-crore-us-59-million-deal Mon, 23 Jun 2025 10:52:42 +0530 The MNRE has launched a national start-up challenge to drive innovation in rooftop solar and distributed renewable energy, offering Rs. 2.3 crore (US$ 265,130) in prizes and support. https://www.ibef.org/news/ministry-of-new-and-renewable-energy-mnre-launches-rs-2-3-crore-us-265-742-innovative-projects-start-up-challenge-to-accelerate-rooftop-solar-and-distributed-renewable-energy-innovations Mon, 23 Jun 2025 10:49:54 +0530 UK Minister for Science, Research and Innovation Mr. Patrick Vallance called for deeper UK–India science ties, citing India’s rising tech strength, as both nations eye collaboration through talent mobility, innovation, and a future Free Trade Agreement (FTA) framework. https://www.ibef.org/news/india-emerging-as-major-science-and-tech-force-says-uk-minister-at-london-innovation-forum Mon, 23 Jun 2025 10:47:38 +0530 Global trading giants are ramping up hiring and tech investments as India captures 60% of global equity derivatives volumes, fuelling a talent war and transforming the country into a key hub for algorithmic trading. https://www.ibef.org/news/global-trading-giants-expand-in-india-driving-talent-rush-upgrades Mon, 23 Jun 2025 10:45:23 +0530 India is set to launch a US$ 404-577 million scheme to boost rare earth and magnet production, aiming to cut reliance on China and secure supply chains for clean tech and EVs. https://www.ibef.org/news/government-plans-rs-5-000-crore-us-577-million-boost-for-rare-earths-amid-china-export-curbs Mon, 23 Jun 2025 10:41:27 +0530 Amazon India has entered the health-tech space with Amazon Diagnostics, offering at-home lab tests and digital reports across six cities, aiming to streamline India’s fragmented diagnostics sector. https://www.ibef.org/news/amazon-enters-india-s-rs-1-30-125-crore-us-15-billion-diagnostics-market-with-at-home-testing Mon, 23 Jun 2025 10:37:42 +0530 15 key micro markets across major Indian cities now drive two-thirds of office demand and 76% of new supply, cementing their dominance in Grade A leasing, Global Capability Centres (GCC) hubs, and Real Estate Investment Trusts (REIT) ready assets. https://www.ibef.org/news/india-s-top-15-high-activity-micro-markets-drive-65-of-office-demand-76-of-new-supply Fri, 20 Jun 2025 09:58:27 +0530 Union Minister of Commerce and Industry Mr. Piyush Goyal, at India Global Forum (IGF) 2025 in London, hailed the India– United Kingdom Free Trade Agreement (FTA) as a transformative step towards deeper trade, tech, and innovation ties between the two democracies. https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-showcases-india-s-strategic-economic-vision-at-india-global-forum-2025-in-london Fri, 20 Jun 2025 09:56:26 +0530 DPIIT and YourStory signed an MoU to foster inclusive entrepreneurship under the Bharat Project, aiming to empower one million entrepreneurs in smaller towns through AI tools, regional storytelling, and startup support. https://www.ibef.org/news/department-for-promotion-of-industry-and-internal-trade-dpiit-inks-memorandum-of-understanding-mou-with-a-private-digital-platform-to-boost-inclusive-entrepreneurship-across-india Fri, 20 Jun 2025 09:53:50 +0530 India can unlock 30% of its Gross Domestic Product (GDP) growth by 2040 through 18 high-impact sectors across tech and core industries, says McKinsey, urging targeted strategies for global and domestic leadership. https://www.ibef.org/news/18-growth-arenas-mckinsey-says-could-fuel-india-s-global-rise-by-2040 Fri, 20 Jun 2025 09:47:47 +0530 India will export 150 high-power locomotives worth US$ 345.9 million to Guinea under “Make in India,” boosting railway exports and India-Africa industrial ties. https://www.ibef.org/news/india-to-export-150-bihar-built-locomotives-to-guinea-under-rs-3-000-crore-us-345-9-million-deal Fri, 20 Jun 2025 09:43:17 +0530 Vadhvan Port, India’s future largest port, plans to raise US$ 3.46 billion in long-term debt, aiming for completion by 2030 with a 23 million container handling capacity to boost India’s maritime and trade infrastructure. https://www.ibef.org/news/india-s-largest-port-builder-to-raise-rs-30-000-crore-us-3-46-billion-for-vadhvan-project Fri, 20 Jun 2025 09:40:24 +0530 India is rapidly emerging as a key hub for artificial intelligence (AI) investments, driven by its growing digital talent pool, supportive policies, and rising demand for data centres and semiconductor manufacturing. https://www.ibef.org/news/india-emerging-as-key-hub-for-data-centres-chip-manufacturing-moody-s Thu, 19 Jun 2025 10:51:26 +0530 India’s Information Technology (IT) and Information Technology-enabled Services (ITeS) sector is rapidly adopting flexible staffing, with gig roles growing steadily, driven by digital needs, offshoring demand, and a shift towards cost-efficient, decentralised talent models. https://www.ibef.org/news/india-s-information-technology-and-information-technology-enabled-services-it-ites-sector-flexi-workforce-to-reach-9-00-000-by-2030-careernet Thu, 19 Jun 2025 10:48:14 +0530 President of India, Ms. Droupadi Murmu, highlighted the corporate sector’s key role in India’s growth, emphasising fair enforcement of laws, defence quality standards, and labour rights while urging trainees to champion good governance and innovation. https://www.ibef.org/news/corporate-sector-key-pillar-of-nation-s-economic-growth-development-president-of-india-ms-droupadi-murmu Thu, 19 Jun 2025 10:45:48 +0530 India’s real estate sector showed strong resilience in FY25, with US$ 6.99 billion deals led by private equity and platform acquisitions, rising residential sales, and growing investor focus on ESG and tech-driven assets. https://www.ibef.org/news/india-realty-enters-fy26-with-rs-60-415-crore-us-6-99-billion-in-transactions-led-by-tech-environmental-social-and-governance-esg-trends Thu, 19 Jun 2025 10:42:35 +0530 Narrowband Internet of Things (NB-IoT) is becoming the go-to solution for smart metering in India, with rising tech investments and Airtel leading deployments to curb power losses and drive digital transformation in utilities. https://www.ibef.org/news/annual-tech-spend-of-utilities-sector-to-reach-rs-32-500-crore-us-3-76-billion-by-2027 Thu, 19 Jun 2025 10:39:39 +0530 Reliance and Dassault will shift global production of Falcon 2000 jets to India via DRAL, making Nagpur a global hub for Falcon aircraft and boosting India’s aerospace and 'Make in India' ambitions. https://www.ibef.org/news/reliance-dassault-aviation-to-build-falcon-2000-jets-in-india-by-2028 Thu, 19 Jun 2025 10:35:29 +0530 The Ministry of Coal has allocated its 200th coal mine, marking a key milestone in sectoral reforms, private participation, and India’s drive for coal self-reliance. https://www.ibef.org/news/ministry-of-coal-achieve-allocations-of-200-coal-blocks Wed, 18 Jun 2025 09:27:04 +0530 The automotive sector is set to offer an average salary hike of 10.1% in FY26, driven by rising demand for specialised talent and outperforming broader industry trends. https://www.ibef.org/news/india-s-auto-firms-to-give-double-digit-salary-hikes-in-fy26-deloitte Wed, 18 Jun 2025 09:24:12 +0530 Indian quality standards for toys exceed global benchmarks, boosting domestic manufacturers’ exports and ensuring safety through mandatory BIS certification and compliance. https://www.ibef.org/news/indian-toy-standards-better-than-global-norms-boosting-exports-bureau-of-indian-standards-bis Wed, 18 Jun 2025 09:21:00 +0530 Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology Mr. Ashwini Vaishnaw inaugurated India’s largest automobile Gati Shakti Cargo Terminal in Manesar, marking a major leap in rail-linked logistics and infrastructure development. https://www.ibef.org/news/union-minister-for-railways-information-broadcasting-and-electronics-information-technology-mr-ashwini-vaishnaw-inaugurates-india-s-largest-automobile-gati-shakti-multi-modal-cargo-terminal-at-maruti-suzuki-india-ltd-manesar Wed, 18 Jun 2025 09:17:38 +0530 West Delhi households top the nation in FMCG spending, reflecting strong taste preferences and higher affluence, as revealed by Kantar’s micro-level consumption study. https://www.ibef.org/news/from-snacks-to-soft-drinks-delhi-is-now-india-s-fast-moving-consumer-goods-fmcg-capital-west-spends-the-most-south-buys-the-most Wed, 18 Jun 2025 09:14:39 +0530 Indian cities like Guntur, Chennai, and Indore are adopting electric vehicles in municipal waste collection, significantly reducing emissions and promoting sustainable urban sanitation under the Swachh Bharat Mission-Urban. https://www.ibef.org/news/the-integration-of-electric-vehicles-evs-into-household-waste-collection-marks-a-transformative-step-under-the-swachh-bharat-mission-urban-sbm-u Wed, 18 Jun 2025 09:11:43 +0530 India’s exports rose 5.75% to US$ 142.43 billion in April–May 2025, led by strong services growth and rising shipments of electronic goods, marine products, and pharmaceuticals. https://www.ibef.org/news/the-cumulative-exports-merchandise-services-during-april-may-2025-is-estimated-at-rs-12-23-900-crore-us-142-43-billion-as-compared-to-rs-11-57-391-crore-us-134-69-billion-in-april-may-2024-an-estimated-growth-of-5-75 Tue, 17 Jun 2025 10:27:42 +0530 Prime Minister Mr. Narendra Modi’s historic visit to Cyprus bolstered bilateral economic ties through high-level engagements, sectoral collaborations, and key agreements in finance, digital payments, and trade. https://www.ibef.org/news/sectors-like-innovation-energy-technology-offer-immense-potential-prime-minister-mr-narendra-modi-on-meeting-ceos-in-cyprus Tue, 17 Jun 2025 10:23:11 +0530 India supplies 70% of World Health Organization (WHO) vaccines and 14% of the United States generic drug imports, reaffirming its global leadership in affordable, quality healthcare and pharmaceutical manufacturing. https://www.ibef.org/news/70-of-vaccines-sourced-by-the-world-health-organization-who-are-from-india-the-united-states-us-imports-14-generics Tue, 17 Jun 2025 10:20:59 +0530 Union Minister of Road Transport & Highways, Mr. Nitin Gadkari, projected bioenergy could replace 50% of India’s fossil fuel use in five years, urging the auto sector to lead the shift towards cleaner alternatives. https://www.ibef.org/news/bioenergy-can-cover-50-of-fossil-fuel-consumption-in-five-years-union-minister-of-road-transport-highways-mr-nitin-gadkari Tue, 17 Jun 2025 10:18:45 +0530 NTPC Group is accelerating its clean energy shift with a 20-gigawatt (GW) pipeline of pumped storage projects, aiming to commission three to five GW by FY32 to bolster energy security and support India’s renewable transition. https://www.ibef.org/news/ntpc-group-working-on-20-gigawatt-gw-pumped-storage-projects-aims-to-commission-five-gw-by-fy32-official Tue, 17 Jun 2025 10:15:56 +0530 Ultraviolette enters the European market with its F77 electric motorcycles, aiming for global expansion and 30–35% overseas revenue by 2028, starting with exports from India to 10 European countries. https://www.ibef.org/news/ultraviolette-enters-europe-eyes-35-of-revenue-from-global-exports-by-2028 Tue, 17 Jun 2025 10:12:52 +0530 India tops global equity charts with a 16% three-month gain and 18% five-year annualised return, driven by strong small-cap performance, fiscal prudence, and pro-growth monetary policy. https://www.ibef.org/news/indian-stock-market-gives-18-returns-in-five-years-beats-china-other-global-market-peers-small-cap-stocks-outperform Mon, 16 Jun 2025 09:56:59 +0530 India’s insurance sector posts strong growth in May 2025, with life premiums up 12.68% and non-life premiums rising 6.46%, led by private insurers and robust demand for health and protection plans. https://www.ibef.org/news/life-insurers-new-business-premium-up-13-in-may-non-life-firms-rise-6-3 Mon, 16 Jun 2025 09:55:13 +0530 Social media in India has transformed into a powerful engine for product discovery, with nearly 80% of shoppers finding new items—primarily via Meta platforms like Instagram, Facebook, and WhatsApp. https://www.ibef.org/news/nearly-80-of-indian-shoppers-discover-new-products-via-social-media-meta Mon, 16 Jun 2025 09:52:50 +0530 India halts rare earth exports to Japan to prioritise domestic needs, aiming to boost local magnet production and reduce reliance on China amid rising demand from Electric Vehicles (EV) and strategic sectors. https://www.ibef.org/news/india-moves-to-conserve-rare-earths-seeks-halt-to-exports-to-japan Mon, 16 Jun 2025 09:49:28 +0530 Tech is redefining India’s auto market, with advanced features becoming mainstream and luxury brands pushing innovation, making digital experiences central to consumer choice and brand value. https://www.ibef.org/news/how-tech-is-transforming-the-indian-car-market Mon, 16 Jun 2025 09:47:45 +0530 Pearson to boost India headcount by 43% over three years, tapping the country’s edtech boom and rising demand for artificial intelligence (AI)-driven upskilling and global capability centre support. https://www.ibef.org/news/united-kingdom-uk-edtech-pearson-to-grow-india-team-by-43-over-next-three-years Mon, 16 Jun 2025 09:42:55 +0530 Luxury electric vehicle sales in India surged 66% in early 2025, with EVs now forming 11% of luxury car sales, driven by metro demand, new launches, and rising ultra-rich consumers. https://www.ibef.org/news/luxury-ev-sales-zoom-66-in-india-2-027-units-sold-in-just-five-months Fri, 13 Jun 2025 10:16:15 +0530 Prime Minister Mr. Narendra Modi highlights India's tech-driven governance, citing US$ 514.50 billion in Direct Benefit Transfer (DBT) transfers, rising digital access, and global recognition as a digital powerhouse empowering citizens. https://www.ibef.org/news/government-brought-innumerable-benefits-by-leveraging-technology-prime-minister-mr-narendra-modi Fri, 13 Jun 2025 10:13:26 +0530 India's natural gas demand is set to double by 2040, with city gas distribution leading growth as the country targets cleaner energy and a 15% gas share in the energy mix by 2030. https://www.ibef.org/news/india-s-natural-gas-consumption-to-more-than-double-by-2040-petroleum-and-natural-gas-regulatory-board-pngrb-study Fri, 13 Jun 2025 10:11:37 +0530 Retail inflation drops to a six-year low of 2.82% in May 2025, driven by easing food prices, reinforcing Reserve Bank of India’s (RBI) rate cuts and strengthening prospects for growth and market stability. https://www.ibef.org/news/retail-inflation-cools-to-a-six-year-low-of-2-82-in-may-on-moderating-food-prices Fri, 13 Jun 2025 10:08:54 +0530 India showcases major strides in job formalisation and social protection at International Labour Conference (ILC), with 7.5 crore formal jobs added and social coverage rising to 64.3%, backed by tech-driven welfare delivery. https://www.ibef.org/news/over-7-5-crore-jobs-created-in-formal-sector-in-last-seven-years-union-minister-of-labour-employment-and-youth-affairs-sports-mr-mansukh-mandaviya-highlights-india-s-employment-formalisation-progress-at-international-labour-conference-ilc Fri, 13 Jun 2025 10:06:42 +0530 India emerges as a key iPhone manufacturing hub, with Tata and Foxconn ramping up output, driven by Production Linked Incentive (PLI) incentives and exports, positioning India as a core part of Apple’s global supply chain. https://www.ibef.org/news/tata-foxconn-the-made-in-india-iphone-race-that-s-reshaping-apple-s-global-supply-chain Fri, 13 Jun 2025 10:03:22 +0530 India’s tea exports rose 9.92% to 254.67 million kg in 2024, driven by higher production in both north and south India. Q1 2025 saw a 14.38% rise in north India output. https://www.ibef.org/news/tea-exports-from-india-rise-9-92-to-254-67-million-kilograms-in-2024-on-higher-output Thu, 12 Jun 2025 10:17:12 +0530 India’s social protection coverage surged from 19% in 2015 to 64.3% in 2025, covering over 94 crore people, marking the fastest global expansion. https://www.ibef.org/news/efforts-of-prime-minister-mr-narendra-modi-s-government-pave-way-for-historic-expansion-in-social-protection-coverage-in-india-in-last-11-years Thu, 12 Jun 2025 10:15:33 +0530 India’s exports hit a record US$ 825 billion in FY25 despite global headwinds; Federation of Indian Export Organisations (FIEO) projects exports to cross US$ 1 trillion by FY26. https://www.ibef.org/news/india-will-certainly-cross-rs-70-55-400-crore-us-825-billion-exports-in-fy26-union-minister-of-commerce-and-industry-mr-piyush-goyal Thu, 12 Jun 2025 10:12:35 +0530 India’s artificial intelligence market is set to triple and surpass US$ 17 billion by 2027, backed by strong talent, digital infrastructure, and a US$ 1.17 billion government push under the IndiaAI mission. https://www.ibef.org/news/india-s-artificial-intelligence-ai-market-set-to-triple-may-cross-rs-1-45-384-crore-us-17-billion-by-2027-report Thu, 12 Jun 2025 10:09:52 +0530 India’s influencer marketing industry is set to grow 25% in 2025, driven by quality-focused content, rising brand collaborations, and strong government support for content creators and digital innovation. https://www.ibef.org/news/india-s-influencer-marketing-industry-to-grow-by-25-in-2025-report Thu, 12 Jun 2025 10:06:43 +0530 India’s probiotics market has nearly doubled in five years to US$ 242 million in 2025, driven by rising health awareness, youth interest, and strong growth in both pharma and dairy segments. https://www.ibef.org/news/india-s-probiotics-market-doubles-in-five-years-hits-rs-2-070-crore-us-242-million-in-2025 Thu, 12 Jun 2025 10:04:00 +0530 India aims to achieve US$ 35.09 billion in defence exports by 2029, reflecting its transformation into a global supplier, alongside major strides in infrastructure, digital payments, and poverty reduction. https://www.ibef.org/news/india-targets-rs-3-00-000-crore-us-35-09-billion-defence-exports-by-2029-minister-of-state-for-defence-mr-sanjay-seth Wed, 11 Jun 2025 10:14:47 +0530 India reaffirms its Foreign Direct Investment (FDI) strength with a 143% rise since 2014, attracting US$ 81.04 billion in FY25 alone, its highest in three years, underscoring investor confidence despite global fluctuations. https://www.ibef.org/news/no-declining-trend-in-foreign-direct-investment-fdi-india-seeing-renewed-inflows-union-minister-of-commerce-and-industry-mr-piyush-goyal Wed, 11 Jun 2025 10:11:10 +0530 India’s digital public infrastructure, led by Unified Payments Interface (UPI) and Direct Benefit Transfer (DBT), has transformed financial inclusion and efficiency, drawing global acclaim as the National Democratic Alliance (NDA) government marks 11 years in office. https://www.ibef.org/news/digital-payment-revolution-unfolding-in-india-attracts-global-attention-government Wed, 11 Jun 2025 10:08:37 +0530 For the first time since 2011, public sector banks (PSBs) have outpaced private banks in loan growth, gaining market share and signalling a shift in lending dynamics with potential implications for valuations and competition. https://www.ibef.org/news/in-a-first-in-14-years-public-sector-unit-psu-banks-beat-private-ones-in-loan-growth Wed, 11 Jun 2025 10:06:34 +0530 India Inc is set to double capex to US$ 850 billion by 2030, led by power, aviation, and green hydrogen, with top firms funding growth through strong balance sheets and policy tailwinds. https://www.ibef.org/news/india-inc-to-double-capex-to-rs-72-72-600-crore-us-850-billion-over-the-next-five-years Wed, 11 Jun 2025 10:03:39 +0530 HSBC Mutual Fund (MF) remains optimistic about Indian equities, citing favourable valuations and a revival in growth momentum. https://www.ibef.org/news/indian-market-outlook-hsbc-mutual-fund-mf-stays-bullish-on-india-amid-growth-revival-and-fair-valuations Wed, 11 Jun 2025 10:01:06 +0530 India’s Maternal Mortality Ratio fell from 130 to 80 per lakh live births (2014-2016 to 2021-2023) due to the Pradhan Mantri Surakshit Matritva Abhiyan and allied maternal health programmes. https://www.ibef.org/news/pm-surakshit-matritva-abhiyan-marks-nine-years-maternal-mortality-ratio-mrr-declines-by-50-points Tue, 10 Jun 2025 11:00:38 +0530 Prime Minister Mr. Narendra Modi marked 11 years of leadership, highlighting India’s rapid economic rise, inclusive governance, and transformative welfare initiatives for marginalised communities. https://www.ibef.org/news/india-saw-rapid-growth-across-diverse-sectors-in-11-years-says-prime-minister-mr-narendra-modi Tue, 10 Jun 2025 10:58:42 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, begins a five-day visit to Switzerland and Sweden to strengthen trade, innovation, and strategic ties with key European partners across high-tech and manufacturing sectors. https://www.ibef.org/news/union-minister-of-commerce-and-industry-mr-piyush-goyal-commences-official-visit-to-switzerland-and-sweden-to-strengthen-economic-and-trade-partnerships Tue, 10 Jun 2025 10:55:42 +0530 India’s agricultural output has risen 40% in the past decade, with 5.4% growth in Q4 FY25, reflecting self-sufficiency, export strength, and proactive government-farmer-scientist collaboration. https://www.ibef.org/news/agriculture-output-rises-40-in-10-years-says-union-agriculture-and-farmers-welfare-minister-mr-shivraj-singh-chouhan Tue, 10 Jun 2025 10:53:20 +0530 Uttar Pradesh aims to attract US$ 1.40 billion in private investment for a 1,472-acre Bulk Drug Pharma Park in Lalitpur, targeting self-reliance and job creation while also expanding medical manufacturing in Greater Noida. https://www.ibef.org/news/the-uttar-pradesh-government-aims-for-rs-12-000-crore-us-1-40-billion-investment-in-mega-pharma-park Tue, 10 Jun 2025 10:50:11 +0530 Shein and Reliance Retail plan to scale India’s supplier base from 150 to 1,000 within a year, launching India-made Shein apparel for domestic and global markets to diversify. https://www.ibef.org/news/reliance-and-shein-aim-to-sell-india-made-clothes-abroad-within-a-year Tue, 10 Jun 2025 10:46:01 +0530 India’s auto retail sales grew 5% in May, driven by rural demand, while passenger vehicle sales dropped 3% due to geopolitical tensions and financing challenges. https://www.ibef.org/news/india-s-automobile-sales-up-5-in-may-helped-by-weddings-rural-demand Mon, 09 Jun 2025 11:16:09 +0530 Union Minister of Consumer Affairs, Food, and Public Distribution, Mr. Pralhad Joshi, highlighted India’s rise as a global manufacturing hub, driven by youth talent, sustainability efforts, and policy support, as seen in Hodek’s latest greenfield expansion in Dharwad. https://www.ibef.org/news/india-poised-to-become-third-largest-manufacturing-hub-union-minister-of-consumer-affairs-food-and-public-distribution-mr-pralhad-joshi Mon, 09 Jun 2025 11:11:36 +0530 India recorded the fastest growth in industrial robot installations globally in 2023, rising 59% to 8,510 units, driven by the automotive sector, though overall robot density remains low. https://www.ibef.org/news/india-s-rise-of-the-robots-country-among-top-10-markets-in-installations Mon, 09 Jun 2025 11:08:02 +0530 India and Italy agreed to enhance cooperation in manufacturing, aerospace, energy, and mobility, focusing on green hydrogen, skilled migration, and joint working groups in the auto and space sectors. https://www.ibef.org/news/india-italy-to-increase-cooperation-in-aerospace-energy-mobility-auto Mon, 09 Jun 2025 11:03:16 +0530 India’s pharmaceutical market grew 7.2% in May 2025, driven by price hikes and new launches, with chronic therapies and smaller segments like urology and antineoplastics seeing strong double-digit gains. https://www.ibef.org/news/indian-pharma-market-grows-7-2-in-may-led-by-chronic-therapies Mon, 09 Jun 2025 11:00:32 +0530 RBI cut the Cash Reserve Ratio by 1% in four tranches, freeing US$ 29.15 billion in liquidity for banks to boost lending, aiming to support economic growth and ease funding costs. https://www.ibef.org/news/rbi-cuts-crr-by-1-to-unlock-rs-2-50-000-crore-us-29-15-billion-to-banking-system-by-december Mon, 09 Jun 2025 10:56:05 +0530 India’s digital forensics market is set to grow at a 40% compounded annual growth rate (CAGR) to US$ 1.39 billion in five years, driven by regulatory mandates and artificial intelligence adoption. https://www.ibef.org/news/indian-digital-forensics-market-to-reach-rs-11-924-crore-us-1-39-billion-by-2030-report Fri, 06 Jun 2025 10:39:31 +0530 India added over 33,000 millionaires in 2024, with High-Net-Worth Individual (HNWI) wealth rising to US$ 1.5 trillion, driven by equity gains, entrepreneurship, and rising inheritance, making it one of the fastest-growing wealth markets globally. https://www.ibef.org/news/india-adds-over-33-000-millionaires-in-a-year-how-the-rich-allocate-money Fri, 06 Jun 2025 10:37:15 +0530 India now ranks third in building general dry cargo vessels for European short sea trade, driven by the Maritime Amrit Kaal Vision 2047 and transformative reforms under Maritime India Vision 2030. https://www.ibef.org/news/india-now-ranks-third-in-building-general-dry-cargo-vessels-for-european-short-sea-trade-union-minister-of-ports-shipping-waterways-mr-sarbananda-sonowal Fri, 06 Jun 2025 10:35:04 +0530 Campus hiring in 2025 surged with a 24% rise in pre-placement offers and a 3.9% salary increase, driven by tech and consumer sectors, while skill gaps and disparities in internship access persist. https://www.ibef.org/news/job-market-to-bounce-back-as-campus-hirings-improve-in-2025-deloitte-report Fri, 06 Jun 2025 10:31:48 +0530 At GPDRR 2025, Prime Minister Mr. Narendra Modi’s Principal Secretary, Mr. P.K. Mishra, showcased India’s US$ 28 billion DRR system and urged global funding collaboration, reinforcing India’s leadership in structured, resilient disaster management. https://www.ibef.org/news/india-showcases-the-world-s-largest-disaster-risk-reduction-drr-financing-system-at-un-disaster-platform-in-geneva Fri, 06 Jun 2025 10:29:26 +0530 India plans to deploy over 1,000 hydrogen-powered trucks and buses by 2030, starting with 50 by 2025, under the Green Hydrogen Mission to drive clean mobility and reduce fossil fuel use. https://www.ibef.org/news/government-targets-at-least-1-000-hydrogen-trucks-buses-on-roads-by-2030 Fri, 06 Jun 2025 10:25:03 +0530 India’s services sector hit a three-month high in May with strong export-led growth and record employment, while manufacturing activity slowed slightly, though overall economic expansion remained robust. https://www.ibef.org/news/india-services-activity-hits-three-month-high-in-may-on-strong-export-growth-employment-rises-by-record Thu, 05 Jun 2025 10:38:40 +0530 On June 3, 2025, India won the presidency of the International Institute of Administrative Sciences for 2025-2028, securing 61.7% of votes in the first-ever ballot election, marking a historic mandate to lead global administrative reforms and digital governance. https://www.ibef.org/news/india-wins-presidency-of-international-institute-of-administrative-sciences-on-june-3-2025 Thu, 05 Jun 2025 10:36:06 +0530 India’s stainless steel demand is set to grow 7-8% annually, driven by infrastructure projects and green hydrogen, with consumption at 4.8 million tonnes in FY25, highlighting strong domestic growth potential. https://www.ibef.org/news/india-s-stainless-steel-demand-to-grow-7-8-annually-over-two-to-three-years-issda Thu, 05 Jun 2025 10:32:14 +0530 Former WEF MD Mr. Claude Smadja highlighted India’s unique strength in big data at IGIC 2025, urging it to leverage this advantage to become a global leader in AI and deep tech innovation. https://www.ibef.org/news/india-s-big-data-edge-to-power-next-global-tech-leap-ex-world-economic-forum-wef-md-mr-claude-smadja Thu, 05 Jun 2025 10:29:39 +0530 India’s international travel spending grew 25% to US$ 31.7 billion in FY24, driven by millennials and Gen Z, with popular destinations including Thailand, UAE, and the USA, and rising demand for travel insurance. https://www.ibef.org/news/international-travel-spend-by-indians-up-25-to-rs-2-72-176-crore-us-31-7-billion-in-fy24-report Thu, 05 Jun 2025 10:27:35 +0530 Ujjain will host the Spiritual & Wellness Summit on June 5, uniting experts and policymakers to integrate ancient traditions with modern wellness, advancing India’s holistic health and sustainability goals. https://www.ibef.org/news/ujjain-to-host-spiritual-wellness-summit-showcasing-india-s-holistic-future Thu, 05 Jun 2025 10:25:09 +0530 Home loan disbursals in major Indian cities rose 10% in volume and 15% in value in FY25, driven by increased demand for premium housing, higher property prices, and a notable rise in loans to women. https://www.ibef.org/news/home-loan-volume-and-value-see-double-digit-growth-in-fy25-report Wed, 04 Jun 2025 10:06:44 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal’s visit to France underscored India’s commitment to deepening economic ties through innovation, trade partnerships, and the 'India Opportunity', fostering stronger India-France and global collaborations. https://www.ibef.org/news/union-minister-of-commerce-and-industry-mr-piyush-goyal-highlights-india-opportunity-at-the-india-france-business-conference Wed, 04 Jun 2025 10:05:03 +0530 Diversified construction firms are set for 9–11% revenue growth in FY26, driven by strong order books and timely execution, though profit margins may stay flat amid rising competition and costs. https://www.ibef.org/news/emerging-construction-firms-to-post-steady-9-11-revenue-growth-in-fy26-crisil Wed, 04 Jun 2025 09:59:59 +0530 Banking activity is becoming more balanced across India, with metros seeing a dip in credit share and a rise in deposits while personal loans and rural banking continue to grow steadily. https://www.ibef.org/news/metros-fill-bank-vaults-but-credit-now-fuels-india-s-heartland Wed, 04 Jun 2025 09:54:55 +0530 India’s cement industry is projected to grow 6–7.5% in FY26, supported by infrastructure demand, government spending, and price hikes amid regional demand variations and improved capacity utilisation. https://www.ibef.org/news/cement-demand-to-grow-6-7-5-in-fy26-amid-the-recovery-in-infrastructure-and-housing-report Wed, 04 Jun 2025 09:52:02 +0530 India will build its first indigenous Polar Research Vessel (PRV) through a GRSE-Norway partnership, advancing ocean research and maritime collaboration under the government’s expanded MAHASAGAR vision. https://www.ibef.org/news/india-to-build-first-ever-polar-research-vessel-prv-as-garden-reach-shipbuilders-and-engineers-limited-grse-signs-mou-with-norway-s-kongsberg Wed, 04 Jun 2025 09:45:12 +0530 Artificial Intelligence and Machine Learning (AI/ML) hiring rose 25% even as overall IT jobs dipped 5%. https://www.ibef.org/news/ai-ml-hiring-grows-25-in-may-it-sector-records-5-decline-report Tue, 03 Jun 2025 09:59:31 +0530 The Ministry of Heavy Industries has launched a scheme to promote electric passenger car manufacturing in India, aiming to attract global investments, boost local production, and support India’s net-zero goal by 2070. https://www.ibef.org/news/government-notifies-guidelines-for-scheme-to-promote-manufacturing-of-electric-passenger-cars-in-india Tue, 03 Jun 2025 09:56:22 +0530 Indian dairy companies are expected to grow revenue by 11-13% this fiscal year, driven by rising demand for value-added products, stable milk supply, and increased capital expenditure focused on expanding VAP capacities. https://www.ibef.org/news/dairy-companies-likely-to-record-11-13-revenue-growth-in-fy26-crisil-ratings Tue, 03 Jun 2025 09:53:02 +0530 India’s general insurance sector is expected to grow strongly in FY26, with private insurers gaining market share and profitability. In contrast, public insurers face capital challenges limiting their growth. https://www.ibef.org/news/general-insurance-industry-premium-income-to-grow-8-7-in-fy26-10-9-in-fy27-icra Tue, 03 Jun 2025 09:50:28 +0530 L’Oréal plans to more than double its India business and expand local manufacturing, highlighting the country's strategic importance in the global beauty market and its growing role as a production and export hub. https://www.ibef.org/news/we-intend-to-more-than-double-our-business-in-india-in-the-next-couple-of-years-l-or-al-ceo-mr-nicolas-hieronimus Tue, 03 Jun 2025 09:45:40 +0530 Embraer is expanding its footprint in India with a new subsidiary, aiming to grow across commercial, defence, and eVTOL segments while exploring aircraft sales, local supply chain integration, and potential MRO set up to tap into the world’s third-largest aviation market. https://www.ibef.org/news/embraer-sees-lot-of-opportunities-in-india-in-talks-with-indigo-air-india Tue, 03 Jun 2025 09:42:57 +0530 Unified Payments Interface (UPI) hit a new record in May 2025 with 18.68 billion transactions worth US$ 294.21 billion, highlighting India's accelerating digital payments and financial inclusion momentum. https://www.ibef.org/news/unified-payments-interface-upi-numbers-hit-all-time-high-in-may-cross-rs-25-00-000-crore-us-292-57-billion-for-the-first-time Mon, 02 Jun 2025 10:59:28 +0530 Prime Minister Mr. Narendra Modi inaugurated Satna and Datia airports in Madhya Pradesh under the Ude Desh ka Aam Naagrik (UDAN) scheme, boosting regional connectivity, tourism, and economic growth in Bundelkhand and Baghelkhand. https://www.ibef.org/news/prime-minister-mr-narendra-modi-virtually-inaugurates-satna-and-datia-airports-boosting-regional-connectivity-in-madhya-pradesh Mon, 02 Jun 2025 10:57:11 +0530 India is emerging as a key player in Asia Pacific hospitality, with strong domestic growth, rising outbound travel, and increasing investor confidence, driving premium valuations and shifting regional tourism dynamics. https://www.ibef.org/news/indian-outbound-travel-fuels-the-hospitality-sector-in-asia-pacific-apac-locations-colliers Mon, 02 Jun 2025 10:54:52 +0530 India is the only major country to report strong steel volume growth of 33% from 2019 to 2024, with robust demand across steel, coal, and aluminium, supported by government safeguards and a positive outlook through FY27. https://www.ibef.org/news/india-shines-as-bright-spot-for-global-steel-industry-says-jefferies-report Mon, 02 Jun 2025 10:52:32 +0530 Gross Goods and Services Tax (GST) collections in May 2025 rose 16.4% to US$ 23.52 billion, marking strong import-driven growth and renewed fiscal momentum. https://www.ibef.org/news/gross-goods-and-services-tax-gst-collections-rise-16-4-to-over-rs-2-01-000-crore-us-23-52-billion-in-may-government-data Mon, 02 Jun 2025 10:47:21 +0530 Foreign investors boosted India’s equity market with US$ 2.32 billion inflows in May 2025, driven by easing United States inflation, strong domestic growth, and favourable global trends, narrowing 2025’s total outflow to US$ 10.82 billion. https://www.ibef.org/news/foreign-portfolio-investors-fpis-infuse-rs-19-860-crore-us-2-32-billion-in-may-on-strong-domestic-fundamentals-global-cues Mon, 02 Jun 2025 10:44:12 +0530 India’s Unified Payments Interface (UPI) strengthened its payment dominance in FY25, accounting for 83.4% of transactions, with 185.8 billion processed, while digital payments grew 34.8% overall. https://www.ibef.org/news/unified-payments-interface-upi-contribution-to-payments-ecosystem-volume-grows-to-83-4-in-fy25 Fri, 30 May 2025 10:35:29 +0530 India is expected to remain the fastest-growing large economy for the next 30 years, maintaining 6–7% growth and strong forex reserves of around US$ 690 billion. https://www.ibef.org/news/india-to-remain-fastest-growing-economy-for-next-30-years-union-minister-of-commerce-industry-mr-piyush-goyal Fri, 30 May 2025 10:32:42 +0530 India's defence sector has hit a record high in domestic production at US$ 17.09 billion and exports at US$ 2.81 billion, driven by the Make in India initiative and rising investment in advanced technologies. https://www.ibef.org/news/india-s-defence-production-hits-rs-1-46-000-crore-us-17-09-billion-exports-at-rs-24-000-crore-us-2-81-billion-union-minister-of-defence-mr-rajnath-singh Fri, 30 May 2025 10:30:08 +0530 The Institute of Chartered Accountants of India (ICAI) has approved a significant draft regulatory framework to allow domestic chartered accountant (CA) firms to collaborate with their global counterparts and establish operations in India. https://www.ibef.org/news/local-chartered-account-ca-firms-set-for-global-tie-ups Fri, 30 May 2025 10:27:36 +0530 Union Minister for New and Renewable Energy, Mr. Pralhad Joshi, praised Diu as India’s first district to fully meet daytime electricity demand through solar power, highlighting its 11.88 megawatts capacity and clean energy progress. https://www.ibef.org/news/diu-is-a-national-example-in-renewable-energy-union-minister-for-new-and-renewable-energy-mr-pralhad-joshi Fri, 30 May 2025 10:24:39 +0530 India’s ageing medium and heavy commercial vehicle fleet, now averaging 10 years old, is driving strong replacement demand as operators shift to newer, tech-enabled models, industry experts say. https://www.ibef.org/news/industry-smells-a-jackpot-as-india-s-truck-fleet-hits-10-year-high Fri, 30 May 2025 10:22:42 +0530 India’s life insurance market is set to grow at 10.5% annually over the next decade, outpacing global averages, driven by economic expansion, policy support, and increased foreign direct investment, says Allianz Global Insurance. https://www.ibef.org/news/life-insurance-sector-in-india-to-grow-at-10-5-against-global-average-of-5-report Thu, 29 May 2025 10:02:27 +0530 Data Centre capacity is expected to surpass 4,500 megawatts by 2030, driven by rising demand from cloud services, Artificial Intelligence (AI) workloads, and edge computing. This will expand the sector’s footprint to nearly 55 million sq ft. https://www.ibef.org/news/india-s-data-centre-capacity-set-to-surpass-4-500-megawatts-mw-by-2030-backed-by-rs-2-13-550-crore-us-25-billion-investments Thu, 29 May 2025 09:59:15 +0530 Tier II cities are driving India’s travel boom, with rising budgets, year-round vacations, and evolving preferences shaping both domestic and global tourism trends. https://www.ibef.org/news/indians-in-tier-ii-cities-bring-faster-growth-for-travel-industry-report Thu, 29 May 2025 09:55:30 +0530 India’s aerospace manufacturing advances with Tata-Airbus setting up private helicopter assembly lines, boosting the push towards domestic civil aircraft production amid growing aviation demand. https://www.ibef.org/news/tata-is-giving-wings-to-make-in-india-aviation-dream Thu, 29 May 2025 09:52:49 +0530 Experiential travel, driven by rising incomes and social media influence, is reshaping Indian holiday preferences towards longer, immersive domestic and international trips, with strong growth projected for 2025, according to the India Holiday Report 2025. https://www.ibef.org/news/event-led-experiential-travel-leads-indians-holiday-preferences-thomas-cook-sotc-report Thu, 29 May 2025 09:50:48 +0530 Panattoni expands in India with a 25-acre Grade-A industrial and logistics park in Hosur, Tamil Nadu, as part of its € 100 million investment plan to bolster the country’s industrial infrastructure and support South India’s manufacturing growth. https://www.ibef.org/news/panattoni-to-invest-rs-969-50-crore-us-113-26-million-in-india-launches-25-acre-industrial-and-logistics-park-in-hosur Thu, 29 May 2025 09:43:28 +0530 Bengaluru ranks among the world’s top 12 global tech powerhouses, leading India in Artificial Intelligence (AI) talent and attracting US$ 3.3 billion in 2024 venture capital, positioning it as a key hub for transformative technology and innovation. https://www.ibef.org/news/bengaluru-among-top-12-global-tech-hubs-as-artificial-intelligence-ai-talent-hits-one-million Wed, 28 May 2025 10:17:01 +0530 India saw a 14% rise in FDI to US$ 81.04 billion in FY25, led by the services sector, with Maharashtra attracting the highest share of equity inflows. https://www.ibef.org/news/india-records-rs-6-93-864-5-crore-us-81-04-billion-fdi-inflow-in-fy25 Wed, 28 May 2025 10:13:01 +0530 Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman, lauded India’s fintech sector for driving inclusive, secure digital financial services and transforming government delivery through the world’s largest direct benefit transfer system. https://www.ibef.org/news/union-minister-for-finance-and-corporate-affairs-ms-nirmala-sitharaman-lauds-fintechs-for-boosting-digital-infrastructure-empowering-small-businesses-and-welfare-delivery Wed, 28 May 2025 10:10:37 +0530 Moody’s projects India’s car market, the third largest globally, to grow 3.5% CAGR to 5.1 million units by 2030, driven by rising domestic demand and expanding investments in electric vehicle manufacturing. https://www.ibef.org/news/india-may-outpace-china-in-car-sales-growth-says-moody-s-ratings Wed, 28 May 2025 10:08:22 +0530 At the 78th World Health Assembly, India reaffirmed its leadership in integrating evidence-based Traditional Medicine into global health frameworks, advancing the World Health Organization Global Traditional Medicine Strategy 2025–34. https://www.ibef.org/news/india-reinforces-commitment-to-world-health-organization-who-global-traditional-medicine-strategy-at-78th-world-health-assembly Wed, 28 May 2025 10:05:00 +0530 Larsen & Toubro and Afcons Infrastructure are capitalising on West Asia’s US$ 235 billion 2024 infrastructure surge, securing major contracts and expanding India’s footprint in the Gulf Cooperation Council (GCC) region. https://www.ibef.org/news/indian-giants-larsen-toubro-l-t-afcons-win-big-in-west-asia-s-rs-20-07-370-crore-us-235-billion-infra-push Wed, 28 May 2025 09:59:36 +0530 India’s mining and construction equipment sector is set to grow from Rs. 1,36,480 crore (US$ 16 billion) to Rs. 3,83,850 crore (US$ 45 billion) by 2030, aiming to become a global manufacturing hub. https://www.ibef.org/news/india-s-mining-construction-equipment-sector-likely-to-reach-rs-3-83-850-crore-us-45-billion-by-2030-report Tue, 27 May 2025 10:34:08 +0530 Prime Minister Mr. Narendra Modi inaugurates US$ 2.82 billion projects in Dahod, Gujarat, flags off India’s most powerful electric locomotive, and highlights Gujarat’s rise as an industrial and tribal development hub under Make in India. https://www.ibef.org/news/prime-minister-mr-narendra-modi-lays-the-foundation-stone-inaugurates-and-dedicates-various-development-projects-worth-over-rs-24-000-crore-us-2-82-billion-in-dahod-gujarat Tue, 27 May 2025 10:29:44 +0530 Moody forecasts India’s cement demand to grow 6-7% compound annual growth rate (CAGR) through 2030, driving sector consolidation as major players like UltraTech and Ambuja expand capacity. https://www.ibef.org/news/cement-demand-to-fuel-consolidation-top-10-firms-to-add-140-million-metric-tonnes-per-annum-mmtpa-moody-s Tue, 27 May 2025 10:26:30 +0530 India enters Japan’s top five car export markets as shipments surge nearly threefold in FY25, driven by Maruti Suzuki, Honda, and rising demand for made-in-India SUVs and electric vehicles in developed markets. https://www.ibef.org/news/japan-makes-it-to-the-top-five-markets-for-india-made-cars Tue, 27 May 2025 10:23:48 +0530 India urged BRICS nations to deepen industrial cooperation for inclusive, sustainable growth, highlighting the BRICS Startup Knowledge Hub and Micro, Small, and Medium Enterprises (MSMEs) while advocating collaboration and digital empowerment at the ninth BRICS Industry Ministers’ Meeting. https://www.ibef.org/news/india-participates-in-the-ninth-brics-industry-ministers-meeting-in-bras-lia Tue, 27 May 2025 10:21:55 +0530 Mumbai Metropolitan Region office rents have surged 28% in 2.5 years, led by strong demand from United States firms and the banking, financial services, and insurance (BFSI) sector, reflecting rising business confidence and return-to-office trends across major Indian metros. https://www.ibef.org/news/office-rent-rises-28-in-the-mumbai-metropolitan-region-mmr-24-in-hyderabad-and-20-in-delhi-ncr-in-past-two-and-a-half-years-anarock Tue, 27 May 2025 10:18:37 +0530 India's renewable energy capacity has tripled in a decade to 232GW, led by a sharp solar expansion and an 80% drop in solar tariffs, making it a global green energy leader. https://www.ibef.org/news/india-s-renewable-energy-capacity-grows-three-fold-to-232gw-in-last-decade Mon, 26 May 2025 11:12:06 +0530 India hosted a BRICS virtual session on digital transformation, uniting telecom experts to discuss challenges, share best practices, and strengthen ICT collaboration across member nations. https://www.ibef.org/news/india-leads-capacity-building-initiative-on-digital-transformation-in-brics Mon, 26 May 2025 11:08:45 +0530 Prime Minister Mr. Narendra Modi praised women using drones in Indian agriculture, calling them "Drone Didi" as they transform farming practices crucial to India's economy and global food security. https://www.ibef.org/news/drone-didis-are-india-s-sky-warriors-ushering-new-revolution-in-agriculture-prime-minister-mr-narendra-modi-in-mann-ki-baat Mon, 26 May 2025 11:05:05 +0530 The Ministry of Education has launched a national drive to make schools and colleges tobacco and substance-free, aiming to protect students through joint efforts with law enforcement. https://www.ibef.org/news/ministry-of-education-launches-nationwide-enforcement-drive-to-make-educational-institutions-tobacco-and-substance-free Mon, 26 May 2025 11:02:36 +0530 HSBC reports that hybrid vehicles complement, not compete with, electric vehicle sales in India, supporting a multi-powertrain automotive industry during the transition to full electrification. https://www.ibef.org/news/hybrid-vehicles-complementing-growth-of-electric-vehicles-evs-in-india-hsbc-report Mon, 26 May 2025 10:59:28 +0530 India will let US firms bid for over US$ 50 billion in federal government contracts as part of trade talks, following a similar deal recently made with the UK. https://www.ibef.org/news/india-to-allow-us-firms-to-bid-for-govt-contracts-worth-rs-4-29-150-crore-us-50-billion-in-wider-scope-for-foreign-firms-report Mon, 26 May 2025 10:56:09 +0530 NRI deposits rose by 9.9% in FY25, with inflows reaching US$ 16.16 billion and total outstanding deposits hitting US$ 164.7 billion, as per RBI data. https://www.ibef.org/news/inflows-in-nri-deposits-increases-nearly-10-in-fy25-shows-rbi-data Fri, 23 May 2025 09:58:29 +0530 Prime Minister Mr. Narendra Modi inaugurated US$ 3.02 billion development projects in Bikaner, highlighting India's sixfold increase in infrastructure investment over 11 years. https://www.ibef.org/news/prime-minister-mr-narendra-modi-inaugurates-lays-foundation-stone-dedicates-development-projects-worth-rs-26-000-crore-us-3-02-billion-in-bikaner-rajasthan Fri, 23 May 2025 09:54:24 +0530 India is on track to surpass its 2030 climate goal, with energy sector emissions intensity projected to drop by 48–57% from 2005 levels, says a new analysis. https://www.ibef.org/news/india-to-exceed-2030-climate-target-with-up-to-57-cut-in-emissions-report Fri, 23 May 2025 09:51:11 +0530 India’s Gen Z and millennials prioritise career growth and hands-on learning in job choices, with over 94% preferring practical experience over theory, says Deloitte’s 2025 survey. https://www.ibef.org/news/gen-z-millennials-prioritise-learning-growth-in-career-choices-survey Fri, 23 May 2025 09:48:49 +0530 Inbound tourism to India has rebounded strongly post-COVID, boosting employment and growth, with foreign tourist arrivals intricately linked to travel search interest, says RBI’s May bulletin. https://www.ibef.org/news/foreign-tourist-arrivals-strongly-correlated-with-travel-search-rbi-report Fri, 23 May 2025 09:46:10 +0530 India’s private sector output hit a 13-month high in May, led by strong services growth and increased employment, with HSBC’s PMI rising to 61.2 from April’s 59.7. https://www.ibef.org/news/private-sector-business-activity-rises-to-13-month-high-in-may-pmi-data Fri, 23 May 2025 09:42:56 +0530 Employees' Provident Fund Organization (EPFO) added 14.58 lakh members in March 2025, led by youth and rising female participation, with Maharashtra leading state-wise payroll growth. https://www.ibef.org/news/the-employees-provident-fund-organization-epfo-adds-14-58-lakh-net-members-during-march-2025 Thu, 22 May 2025 10:30:05 +0530 Union Minister for Heavy Industries, Mr. H.D. Kumaraswamy, reviewed the rollout of 72,000 Electric Vehicle charging stations under PM E-Drive, with Bharat Heavy Electricals Limited (BHEL) proposed as the nodal agency to drive clean mobility and digital integration. https://www.ibef.org/news/india-accelerates-national-electric-vehicle-ev-charging-grid-under-pm-e-drive Thu, 22 May 2025 10:26:12 +0530 The Department of Telecommunications (DoT) launched the Financial Fraud Risk Indicator (FRI) to help digital platforms like PhonePe, Paytm, and banks flag risky mobile numbers and prevent cyber fraud through early, data-driven alerts. https://www.ibef.org/news/the-department-of-telecommunications-dot-introduces-financial-fraud-risk-indicator-fri-to-strengthen-cyber-fraud-prevention Thu, 22 May 2025 10:23:51 +0530 India’s auto components industry is set to grow 7–9% in FY26, driven by strong domestic demand, tech-led product mix, and Electric Vehicle investments, though exports may face pressure from the global slowdown and US tariffs. https://www.ibef.org/news/auto-parts-sector-to-grow-7-9-in-fy26-driven-by-two-wheelers-2ws-passenger-vehicles-pvs-demand-crisil Thu, 22 May 2025 10:20:22 +0530 India has assumed the Chairmanship of the Asian Productivity Organization (APO) for 2025–26, pledging to drive regional cooperation, digital innovation, and sustainable productivity under APO Vision 2030. https://www.ibef.org/news/india-assumes-the-chairmanship-of-the-asian-productivity-organization-at-67th-governing-body-meeting-in-jakarta Thu, 22 May 2025 10:13:34 +0530 Pradhan Mantri Suraksha Bima Yojana (PMSBY) has provided over 44 crore accident insurance covers since 2015, disbursing US$ 315.38 million in FY25 alone, and is set for expanded coverage and reforms under "Viksit Bharat @2047". https://www.ibef.org/news/pradhan-mantri-suraksha-bima-yojana-a-decade-of-insurance-inclusion Thu, 22 May 2025 10:11:00 +0530 Gold prices have dropped 7% from their peak, boosting demand for affordable 18-carat jewellery as geopolitical tensions ease and wedding purchases pick up. https://www.ibef.org/news/jewellery-demand-up-as-gold-falls-7-from-peak-of-rs-1-lakh-us-1-169-07-per-10-grams Wed, 21 May 2025 10:37:56 +0530 India plans to invest US$ 10 billion to acquire 112 locally built crude oil tankers by 2040, aiming to boost energy security and domestic shipbuilding. https://www.ibef.org/news/india-to-invest-rs-85-600-crore-us-10-billion-in-homegrown-oil-tanker-fleet-by-2040 Wed, 21 May 2025 10:35:22 +0530 Prime Minister Mr. Narendra Modi highlighted India’s healthcare progress via extensive wellness centres, affordable public pharmacies, digital health platforms, and telemedicine, delivering 340 million free consultations. https://www.ibef.org/news/india-s-health-models-offer-sustainable-solutions-for-global-south-prime-minister-mr-narendra-modi Wed, 21 May 2025 10:33:26 +0530 India will enable global tendering on its government e-marketplace, allowing international firms, including those from the UK, to bid for government contracts following the India-UK Free Trade Agreement. https://www.ibef.org/news/with-india-uk-free-trade-agreement-fta-talks-concluded-india-to-introduce-global-tendering-for-public-procurement Wed, 21 May 2025 10:30:01 +0530 Indian ports are poised to benefit from the global China+1 strategy as companies diversify supply chains, with increased activity expected amid geopolitical tensions and US tariff dynamics. https://www.ibef.org/news/indian-ports-set-to-gain-from-ongoing-supply-chain-shift-moody-s-weighs-in-on-the-china-1-strategy Wed, 21 May 2025 10:26:25 +0530 Reliance Jio and Bharti Airtel are projected to see strong revenue and operating growth, driven by expected tariff hikes and expanding fixed wireless access services. https://www.ibef.org/news/jio-airtel-to-grow-on-user-gains-tariff-hike-analysts Wed, 21 May 2025 10:23:38 +0530 Mutual fund assets rose 23% YoY to a record Rs. US$ 769.70 billion in FY25, driven by strong inflows and gains from buoyant equity and debt markets. https://www.ibef.org/news/mutual-fund-assets-surge-23-to-hit-record-rs-65-74-000-crore-us-769-70-billion-in-fy25 Tue, 20 May 2025 09:33:24 +0530 India and the Maldives signed 13 MoUs under HICDP Phase III to boost ferry services, maritime connectivity, and community development with Rs. 55.28 crore in support. https://www.ibef.org/news/india-maldives-sign-13-mous-to-implement-projects-under-indian-grant-assistance Tue, 20 May 2025 09:30:45 +0530 India aims to lead globally in electric vehicles, with its EV market expected to grow from US$ 3.21 billion in 2022 to US$ 113.99 billion by 2029. https://www.ibef.org/news/india-set-to-drive-in-new-leadership-opportunities-with-electric-vehicles-evs Tue, 20 May 2025 09:26:54 +0530 India’s manufacturing sector is becoming more attractive to global investors, with strong potential for growth and deeper integration into supply chains amid changing trade dynamics. https://www.ibef.org/news/india-s-manufacturing-sector-more-attractive-to-global-investors-s-p-global Tue, 20 May 2025 09:24:02 +0530 Quick commerce sales for FMCG firms in India surged 50-100% in FY25, expanding into new markets with better margins despite a modest share of overall sales. https://www.ibef.org/news/quick-commerce-sprints-ahead-but-still-a-small-slice-for-fmcg-giants Tue, 20 May 2025 09:20:35 +0530 Indian consumers are starting their credit journeys younger, with those born in the 1990s beginning in their mid-20s compared to late 30s or early 40s for the 1970s cohort https://www.ibef.org/news/youngsters-in-india-start-their-credit-journey-in-their-20s-shows-study Tue, 20 May 2025 09:17:51 +0530 India’s forex reserves rose by US$ 4.55 billion to US$ 690.62 billion for the week ending May 9, 2025, led by a US$ 4.52 billion increase in gold assets. https://www.ibef.org/news/india-s-forex-reserves-jump-rs-38-484-crore-us-4-55-billion-to-rs-59-06-096-crore-us-690-61-billion-on-rise-in-gold-assets Mon, 19 May 2025 10:35:20 +0530 India’s smartphone exports surged 55% YoY to US$ 24.14 billion in FY25, making them the country’s top export for the first time, driven by PLI incentives and strong demand from the US, EU, and Japan. https://www.ibef.org/news/india-s-smartphone-exports-soar-surpassing-petroleum-diamonds-in-fy25 Mon, 19 May 2025 10:33:12 +0530 India’s alcobev industry is set to grow 8–10% in FY26 to US$ 61.97 billion, led by premiumisation and strong demand, with margins improving 60–80 basis points, says CRISIL. https://www.ibef.org/news/alcobev-manufacturers-in-india-to-see-8-10-revenue-growth-in-fy26-crisil Mon, 19 May 2025 10:31:14 +0530 The Indian Institute of Foreign Trade (IIFT) has launched its first overseas campus in Dubai to globalise Indian higher education and strengthen India–United Arab Emirates ties. https://www.ibef.org/news/the-indian-institute-of-foreign-trade-iift-expands-global-footprint-with-first-overseas-campus-in-dubai Mon, 19 May 2025 10:29:08 +0530 India remained the world’s top electric three-wheeler market in 2024, with sales up nearly 20% to seven lakh and a record 57% electric share, driven by PM E-DRIVE and policy incentives. https://www.ibef.org/news/india-leads-electric-three-wheeler-market-with-20-rise-in-sales-international-energy-agency-iea Mon, 19 May 2025 10:26:57 +0530 Aadhaar authentication crossed 150 billion transactions by April 2025, with e-KYC up 40% YoY and Artificial Intelligence-powered face authentication rapidly adopted by over 100 entities. https://www.ibef.org/news/aadhaar-authentication-crosses-150-billion-transactions-powering-india-s-digital-economy-and-welfare-services Mon, 19 May 2025 10:24:16 +0530 India’s four listed Reits distributed US$ 181.6 million in Q4 FY25, up 13% YoY, taking FY25 payouts to US$ 709 million, amid robust leasing and investor confidence, as gross assets under management (AUM) crossed US$ 19.06 billion. https://www.ibef.org/news/indian-real-estate-investment-trusts-reits-distribute-rs-6-070-crore-us-709-million-in-fy25-up-13-from-the-previous-year Fri, 16 May 2025 10:36:07 +0530 India’s fisheries sector supports rural livelihoods and contributes significantly to the economy, with coastal states producing 72% of total fish and 76% of seafood exports. https://www.ibef.org/news/prime-minister-mr-narendra-modi-reviews-fisheries-sector-plans-with-focus-on-deep-sea-exports Fri, 16 May 2025 10:33:09 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, met electronics sector stakeholders in Delhi to discuss horizontal Quality Control Orders to improve the safety and quality of electrical appliances nationwide. https://www.ibef.org/news/union-minister-of-commerce-and-industry-mr-piyush-goyal-holds-meeting-with-electronics-industry-stakeholders-on-implementation-of-quality-control-orders Fri, 16 May 2025 10:30:04 +0530 India’s telecom sector remains resilient, with 45% of companies planning to hire freshers in H1 2025, driven by rising demand for specialised hybrid roles in 5G, cloud, and cybersecurity, according to TeamLease EdTech. https://www.ibef.org/news/telecom-sector-sees-strong-fresher-hiring-intent-for-h1-fy25-report Fri, 16 May 2025 10:25:26 +0530 The Delhi Transport Corporation aims to generate US$ 304 million by redeveloping depots into commercial hubs, boosting revenue without government funding while modernising its fleet with new electric buses under the Delhi Electric Vehicle Initiative (DEVI) initiative. https://www.ibef.org/news/delhi-transport-corporation-dtc-depots-to-become-commercial-hubs-eye-rs-2-600-crore-us-304-million-in-revenue Fri, 16 May 2025 10:22:51 +0530 India’s oil demand is set to grow fastest among major economies, reaching 5.74 million barrels per day by 2026, driven by strong economic growth and rising transport fuel needs. https://www.ibef.org/news/organisation-of-the-petroleum-exporting-countries-opec-sees-india-s-oil-demand-rising-by-3-4-in-2025-double-the-pace-of-china Fri, 16 May 2025 10:20:19 +0530 India has funded US$ 35.14 million for 111 6G research projects, aiming to lead globally in 6G technology with potential economic benefits of US$ 1 trillion by 2035. https://www.ibef.org/news/india-now-ranks-among-top-six-nations-globally-in-6g-patent-filings-minister-of-state-telecom Thu, 15 May 2025 09:36:08 +0530 India has emerged as the most preferred investment destination in the Asia Pacific region, with 42% of fund managers favouring it over Japan, China, and Singapore, driven by supply chain shifts, infrastructure, and consumption themes. https://www.ibef.org/news/india-most-preferred-asia-pacific-equity-market-bofa-securities-fund-manager-survey-fms-survey Thu, 15 May 2025 09:34:07 +0530 India’s first Indigenous graphics processing units (GPUs) are set for tech demos by the end of 2025 under the US$ 1.21 billion IndiaAI Mission, targeting Artificial Intelligence and high-performance computing, with production readiness expected by 2029. https://www.ibef.org/news/india-made-graphics-processing-units-gpus-to-be-tech-demo-ready-by-2025-production-by-2029 Thu, 15 May 2025 09:31:29 +0530 India’s storage-backed renewable energy capacity is set to reach 25–30 gigawatts (GW) by FY28, driven by government focus on grid stability and firm green power, despite implementation risks flagged by Crisil Ratings. https://www.ibef.org/news/crisil-ratings-sees-india-s-storage-backed-renewable-energy-capacity-at-25-30-gigawatts-gw-by-fy28 Thu, 15 May 2025 09:29:19 +0530 Mid-tier Information Technology (IT) companies have reported stronger growth than their larger counterparts in FY25, demonstrating their ability to effectively navigate an uncertain macroeconomic environment. https://www.ibef.org/news/mid-tier-information-technology-it-firms-beat-top-players-in-fy25-growth-focus-on-artificial-intelligence-ai-niches Thu, 15 May 2025 09:27:10 +0530 The Union Cabinet approved a new semiconductor unit by HCL and Foxconn under the India Semiconductor Mission, set to produce display driver chips with a capacity of 20,000 wafers per month, advancing India’s semiconductor manufacturing. https://www.ibef.org/news/cabinet-approves-semiconductor-unit-in-uttar-pradesh Thu, 15 May 2025 09:24:45 +0530 India’s Major Ports achieved a 4.3% growth in cargo handling in FY25, reaching 855 million tonnes, driven by key sectors like containers, fertilizers, and Petroleum, Oil, and Lubricants (POL) cargo, with significant milestones from Paradip and Deendayal Ports. https://www.ibef.org/news/india-s-major-ports-achieve-historic-milestones-in-fy25-driving-growth-and-global-competitiveness Wed, 14 May 2025 09:56:16 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, will lead a delegation of senior Indian officials to Washington from May 16 to engage in discussions with the US counterparts on the proposed Bilateral Trade Agreement. https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-to-lead-a-team-of-officials-to-washington-for-trade-talks-from-may-16 Wed, 14 May 2025 09:54:15 +0530 India’s Electric Vehicle sector is surging, driven by policy support, consumer demand, and investment, with sales projected to hit 5.9 million by 2040 and 199% growth by 2027. https://www.ibef.org/news/accelerating-towards-tomorrow-india-s-electric-vehicle-revolution Wed, 14 May 2025 09:51:39 +0530 Vice-President Mr. Jagdeep Dhankhar praised Meghalaya's growth potential, emphasising self-reliance, and lauded its progress in economy, tourism, and women's empowerment, with a goal of becoming a US$ 10 billion economy by 2028. https://www.ibef.org/news/true-empowerment-is-made-possible-by-hand-holding-individuals-vice-president-of-india-mr-jagdeep-dhankhar Wed, 14 May 2025 09:49:08 +0530 India's seven major cities are set to receive 16.6 million sq. ft. of prime retail space in new shopping malls by the end of 2026, as per Anarock's data. https://www.ibef.org/news/multiple-shopping-malls-to-open-by-2026-in-seven-cities-with-16-6-million-sq-ft-space-anarock Wed, 14 May 2025 09:45:41 +0530 India's retail inflation for April 2025 fell to 3.16%, its lowest since July 2019, continuing the trend of easing inflation, driven by lower food prices amid a strong harvest. https://www.ibef.org/news/india-s-retail-inflation-eases-to-3-16-in-april-lowest-since-july-2019 Wed, 14 May 2025 09:42:31 +0530 India’s real estate sector saw capital raising triple to US$ 3.85 billion in FY25, driven by stronger private equity and M&A activity, per Equirus Capital. https://www.ibef.org/news/private-equity-m-a-drive-3x-jump-in-real-estate-capital-in-fy25 Tue, 13 May 2025 11:06:55 +0530 On National Technology Day, Prime Minister Mr. Narendra Modi highlighted India’s 1998 Pokhran nuclear tests and its rise as a global tech leader, marking milestones like Operation Shakti and Hansa-3’s maiden flight. https://www.ibef.org/news/india-emerging-as-global-leader-in-different-aspects-of-technology-prime-minister-mr-narendra-modi Tue, 13 May 2025 11:03:47 +0530 DPIIT has expanded the Credit Guarantee Scheme for Startups, doubling the guarantee cover limit from US$ 1.17 million to US$ 2.34 million to boost capital access. https://www.ibef.org/news/government-notifies-the-expansion-of-the-credit-guarantee-scheme-for-startups-cgss-to-increase-capital-mobilization-for-startups Tue, 13 May 2025 10:59:31 +0530 India’s IT sector saw a 16% YoY hiring rise in April, led by AI adoption, cloud modernisation, and strong job creation by Global Capability Centers. https://www.ibef.org/news/hiring-in-it-sector-expands-by-16-in-april-on-ai-cloud-push-report Tue, 13 May 2025 10:55:05 +0530 Goa’s tourism sector saw a 10.5% rise in Q1 FY25, with 2.85 million visitors, driven by enhanced promotion, better air connectivity, and diversified offerings. https://www.ibef.org/news/tourist-influx-in-goa-rises-10-5-in-january-march-after-tourism-department-implements-outreach-programmes Tue, 13 May 2025 10:52:09 +0530 Indian luxury weddings are adopting sustainability, with eco-conscious celebrations featuring composted decor, e-vehicle baraats, and locally sourced hampers at boutique hotels. https://www.ibef.org/news/from-composting-decor-to-e-vehicle-baraats-welcome-to-big-green-indian-wedding Tue, 13 May 2025 10:47:12 +0530 India is expected to require an additional 45–50 million sq. ft. of real estate and 40–45 terawatt-hours of incremental power by 2030 to meet the accelerating demand for Artificial Intelligence (AI) data centres. https://www.ibef.org/news/india-may-need-additional-50-million-sq-ft-real-estate-for-data-centres-by-2030-deloitte-report Fri, 09 May 2025 10:25:25 +0530 India's co-living sector is set to grow significantly, with inventory expected to reach one million beds by 2030, driven by urbanisation and migration, especially among students and young professionals. https://www.ibef.org/news/india-s-co-living-sector-to-see-one-million-beds-by-2030-says-colliers-india Fri, 09 May 2025 10:21:41 +0530 India plans to launch 52 satellites in the next five years to enhance space-based surveillance for its military, improving border monitoring and real-time coordination during operations. https://www.ibef.org/news/india-to-launch-52-spy-satellites-over-next-five-years-inspace-chairman-mr-pawan-kumar-goenka Fri, 09 May 2025 10:19:09 +0530 Maharashtra leads India's real estate regulation with over 50,000 registered projects under MahaRERA, accounting for 35% of nationwide RERA registrations, focusing on Mumbai and Pune. https://www.ibef.org/news/maharera-crosses-50-000-housing-project-registrations-tops-national-list Fri, 09 May 2025 10:15:38 +0530 India's US$ 20 billion cosmetics market is set to benefit from the India-UK FTA, reducing duties and making UK beauty products more affordable. https://www.ibef.org/news/british-beauty-brands-set-to-glam-up-indian-market-as-nykaa-tira-prep-for-the-glow Fri, 09 May 2025 10:12:22 +0530 International Workplace Group (IWG) aims to become India's third-largest co-working provider, expanding its 105 centres with 40 more this year, focusing on rapid growth. https://www.ibef.org/news/co-working-company-international-workplace-group-iwg-sees-india-as-the-third-largest-market Fri, 09 May 2025 10:10:05 +0530 India’s exports to the US hit a record US$ 11.2 billion in March, driving bilateral goods trade to an all-time high of US$ 15 billion. https://www.ibef.org/news/india-s-exports-to-us-hit-record-high-in-march-amid-90-day-tariff-pause Thu, 08 May 2025 09:36:47 +0530 Prime Minister Mr. Narendra Modi outlined India’s space exploration achievements, including the Chandrayaan missions, at the Global Conference on Space Exploration 2025. https://www.ibef.org/news/indian-rockets-carry-more-than-payloads-prime-minister-mr-narendra-modi-on-space-exploration Thu, 08 May 2025 09:34:50 +0530 India’s flexible office space market is set to grow to 125 million sq. ft by March 2027, with five major IPOs expected to raise over US$ 826 million. https://www.ibef.org/news/india-s-flexible-co-working-office-supply-to-hit-125-million-sq-ft-by-2027-report Thu, 08 May 2025 09:31:59 +0530 The Union Cabinet has approved a US$ 1,396 million expansion plan for five IITs, adding 6,576 seats and 130 faculty posts by FY29. https://www.ibef.org/news/cabinet-approves-rs-11-829-crore-us-1-396-million-expansion-of-five-iits-6-576-new-seats-added Thu, 08 May 2025 09:28:23 +0530 The India-UK FTA is set to double India’s gems and jewellery exports to the UK to US$ 2.5 billion in two years, offsetting declines in US and China markets. https://www.ibef.org/news/india-eyes-rs-21-183-crore-us-2-5-billion-jewellery-exports-to-uk-after-fta Thu, 08 May 2025 09:26:05 +0530 Over 70% of Indian consumers prefer experience-based entertainment like bowling and escape rooms over passive options, signalling a major shift in retail trends, says a CBRE-Invest India survey. https://www.ibef.org/news/experience-driven-entertainment-reshaping-india-s-retail-landscape Thu, 08 May 2025 09:23:22 +0530 India's Services PMI for April 2025 rose to 58.7, showing slight growth, while the Composite PMI increased to 59.7, driven by strong new business and favourable market conditions. https://www.ibef.org/news/india-s-services-pmi-hits-58-7-in-april-export-orders-drive-modest-growth Wed, 07 May 2025 10:22:06 +0530 India and the United Kingdom seal a landmark Free Trade Agreement, unlocking tariff-free access for key sectors, boosting Information Technology mobility, and redefining bilateral economic ties. https://www.ibef.org/news/india-united-kingdom-seal-free-trade-deal-prime-minister-mr-narendra-modi-calls-it-historic-milestone Wed, 07 May 2025 10:18:29 +0530 Union Minister of Communications Mr. Jyotiraditya Scindia inaugurated Bharat Telecom 2025 in New Delhi, emphasizing India's rise as a global telecom exporter and innovation hub. https://www.ibef.org/news/union-minister-of-communications-mr-jyotiraditya-scindia-inaugurates-bharat-telecom-2025-highlights-india-s-export-potential Wed, 07 May 2025 10:15:24 +0530 Mini beauty products are reshaping India’s cosmetics market by offering affordable, convenient options encouraging everyday makeup use and experimentation, especially among Gen Z. https://www.ibef.org/news/small-lipstick-wonders-india-s-beauty-fix-comes-in-minis-and-lakme-s-ready-to-cash-in Wed, 07 May 2025 10:12:19 +0530 Indian airlines and hotels are witnessing a surge in pet-related bookings, with double-digit growth as more travellers choose to fly and stay with their pets. https://www.ibef.org/news/pet-set-go-more-indians-travel-with-pets-forcing-airlines-and-hotels-to-adapt Wed, 07 May 2025 10:09:07 +0530 Sabre Corp has recognised its Bengaluru Global Capability Centre as a key innovation hub shaping its global tech roadmap, contributing to major platforms like Sabre Mosaic and Travel AI. https://www.ibef.org/news/indian-gccs-shaped-our-global-tech-road-map-sabre-s-president-and-ceo-mr-kurt-ekert Wed, 07 May 2025 10:06:11 +0530 NBFCs are growing faster than India’s economy, with credit rising at 12% CAGR and AUM surging to Rs. 43,00,000 crore by FY24. https://www.ibef.org/news/nbfcs-will-continue-to-grow-at-a-faster-pace-have-grown-above-india-s-gdp-historically-report Tue, 06 May 2025 09:45:18 +0530 India's cotton yarn sector is set to grow 7–9% this year, driven by a rebound in exports, especially to China. https://www.ibef.org/news/india-s-cotton-yarn-industry-set-for-7-9-revenue-growth-driven-by-export-rebound-and-domestic-demand Tue, 06 May 2025 09:42:29 +0530 India's wind energy sector is progressing towards its 100 GW target by 2030, with over 50 GW installed capacity and 18 GW annual domestic manufacturing capacity. https://www.ibef.org/news/investing-in-tech-workforce-to-reach-100-gw-of-wind-energy-target-by-2030-iwtma Tue, 06 May 2025 09:39:40 +0530 India is poised to lead in green hydrogen, with a focus on collaboration, policy clarity, and financial strategies highlighted at the India Energy Week roundtable hosted by PETRONAS and Gentari. https://www.ibef.org/news/green-hydrogen-and-the-net-zero-economy-india-s-path-to-a-sustainable-energy-future Tue, 06 May 2025 09:36:58 +0530 The Meet in India Conclave highlighted India’s rise as a global MICE hub, backed by strong infrastructure, economic growth, and government support to boost jobs and industry impact. https://www.ibef.org/news/india-s-mice-industry-set-to-be-a-major-economic-driver-generating-high-quality-jobs-union-minister-of-tourism-culture-mr-gajendra-singh-shekhawat Tue, 06 May 2025 09:33:33 +0530 India's mining sector hit record output in FY25, with iron ore production rising 4.3% to 289 MMT, driving growth in key minerals and non-ferrous metals. https://www.ibef.org/news/record-production-in-mining-in-fy25 Tue, 06 May 2025 09:18:48 +0530 India is rising as a global creative hub with expanding media infrastructure, cost-efficient animation and VFX services, and a strong talent base of over 2,60,000 professionals. https://www.ibef.org/news/india-has-emerged-as-global-creative-powerhouse-due-to-top-talent-tech-ey Mon, 05 May 2025 11:33:39 +0530 Prime Minister Mr. Narendra Modi emphasized that India's soft power will grow with sports culture development, highlighting a US$ 474 million budget for modernizing sports infrastructure ahead of the 2036 Olympics. https://www.ibef.org/news/india-s-soft-power-will-grow-with-the-rise-of-a-sports-culture-prime-minister-mr-narendra-modi Mon, 05 May 2025 11:29:38 +0530 India’s booming creator economy is reshaping digital commerce, with creators influencing over US$ 350 billion in spending and projected to drive over US$ 1 trillion by 2030. https://www.ibef.org/news/india-s-creator-economy-projected-to-influence-over-us-1-trillion-rs-84-58-000-crore-in-consumer-spend-by-2030-bcg-report-to-be-unveiled-at-waves-2025 Mon, 05 May 2025 11:27:17 +0530 India's manufacturing sector reached a 10-month high in April 2025, driven by strong export orders, increased production, and a surge in hiring, while the RBI's repo rate cut signals ongoing efforts to boost economic growth. https://www.ibef.org/news/india-s-manufacturing-pmi-hits-10-month-high-of-58-2-in-april-iip-rebounds Mon, 05 May 2025 11:25:09 +0530 NITI Aayog’s report on enhancing MSME competitiveness outlines strategies for improving financing, skilling, innovation, and market access to help India's MSMEs thrive and contribute to sustainable economic growth. https://www.ibef.org/news/niti-aayog-releases-report-on-enhancing-competitiveness-of-msmes-in-india Mon, 05 May 2025 11:21:25 +0530 Apple Chief Executive Officer Mr. Tim Cook confirmed that most iPhones sold in the US during the June quarter will be made in India as part of the company’s supply chain diversification strategy. https://www.ibef.org/news/apple-to-source-most-us-iphones-from-india-in-june-quarter-apple-chief-executive-officer-mr-tim-cook Mon, 05 May 2025 11:18:03 +0530 India’s total exports hit a record US$ 825 billion in FY25, driven largely by strong service shipment growth. https://www.ibef.org/news/total-exports-jump-to-rs-69-11-025-crore-us-825-billion-in-fy25-as-services-shipments-rise-over-13 Fri, 02 May 2025 11:12:03 +0530 Prime Minister Mr. Narendra Modi inaugurated WAVES 2025 in Mumbai, highlighting the global collaboration of artists, innovators, investors, and policymakers to build a creative ecosystem. https://www.ibef.org/news/prime-minister-mr-narendra-modi-inaugurates-waves-2025 Fri, 02 May 2025 11:10:35 +0530 India's GST collections hit a record high of over US$ 24.95 billion in April, rising 9.1% despite a sharp refund increase. https://www.ibef.org/news/bouncing-back-april-s-net-gst-kitty-at-fresh-high-of-rs-2-09-000-crore-us-24-95-billion Fri, 02 May 2025 11:08:17 +0530 India is becoming a key market for global artists, with major performances like Coldplay's 220,000-strong crowd in Ahmedabad and upcoming shows by Guns N' Roses and Travis Scott. https://www.ibef.org/news/india-attracts-global-artists-as-fans-surge-with-rising-disposable-income Fri, 02 May 2025 11:06:20 +0530 Bengaluru's luxury housing sales crossed US$ 118.20 million in FY25, rising 59% as demand for US$ 11,82,033-plus homes surged, according to ISIR and CREMatrix. https://www.ibef.org/news/bengaluru-s-rs-10-crore-us-11-82-033-plus-home-market-hits-rs-1-000-crore-us-118-20-million-milestone-in-fy25 Fri, 02 May 2025 11:04:33 +0530 India could become one of Costa Coffee's top five markets in the next five years, driven by double-digit growth and rising beverage consumption. https://www.ibef.org/news/india-can-be-in-top-five-markets-for-costa-coffee-in-five-years-costa-coffee-s-global-chief-executive-officer-mr-philippe-schaillee Fri, 02 May 2025 11:02:44 +0530 India's top nine cities saw a 33% YoY increase in housing deliveries in FY25, driven by government initiatives and strong market growth, with Kolkata leading the surge. https://www.ibef.org/news/housing-units-delivered-in-top-nine-indian-cities-up-33-in-fy25-propequity Thu, 01 May 2025 09:41:05 +0530 With the right policy support, India’s restaurant sector could employ 1.5 crore people by 2028—nearly doubling current jobs—while driving economic growth and fairer industry practices. https://www.ibef.org/news/india-s-restaurant-sector-can-create-15-million-jobs-by-2028-national-restaurant-association-of-india-nrai Thu, 01 May 2025 09:39:53 +0530 India’s Q4 FY25 job market saw 82% of employers hiring, with 53% of new hires being fresh graduates, driven by demand for tech and digital skills. https://www.ibef.org/news/india-ends-fy25-on-a-hiring-high-firms-bet-big-on-freshers-and-artificial-intelligence-talent Thu, 01 May 2025 09:37:13 +0530 India's entertainment sector could unlock US$ 6 billion in unrealised value by 2030, with strategic shifts in content creation, international collaborations, and technology adoption, positioning it as a global production hub. https://www.ibef.org/news/indian-entertainment-sector-could-unlock-rs-50-724-crore-us-6-billion-in-unrealised-value-by-2030-report Thu, 01 May 2025 09:34:50 +0530 Rakuten investment, $100 million, India operations, Technology scaling, Infrastructure development, AI (Artificial Intelligence), Fintech, E-commerce, Telecom, AI talent, Rakuten India GCC, Rakuten Pay, SixthSense platform, Predictive tools, System health monitoring, Client range, AI initiatives https://www.ibef.org/news/japan-s-rakuten-to-invest-rs-845-crore-us-100-million-in-india-increase-hiring-india-unit-chief-executive-officer Thu, 01 May 2025 09:32:56 +0530 India's luxury retail sector has surged with a 90% increase in leasing activity in Q1 2025, driven by both global and domestic brands expanding to capture a growing high-income market, with projections for the luxury market to reach US$ 1.01–1.06 billion by 2030. https://www.ibef.org/news/india-s-luxury-retail-takes-a-quantum-leap Thu, 01 May 2025 09:30:41 +0530 Indian primary markets secured a 22% share of global initial public offering (IPO) activity in Q1 2025, with 62 IPOs raising US$ 2.8 billion, driven by profitable offerings and strong market fundamentals. https://www.ibef.org/news/india-bags-22-of-global-initial-public-offering-ipo-share-rakes-in-rs-23-844-crore-us-2-8-billion-in-q1-2025-ernst-young-ey-report Wed, 30 Apr 2025 09:36:26 +0530 India is deepening clean energy and tech ties with the Netherlands and Croatia, advancing green hydrogen exports, semiconductor collaboration, and the India-Europe free trade agreement. https://www.ibef.org/news/india-rotterdam-port-plan-green-digital-corridor-for-clean-energy-exports-to-europe Wed, 30 Apr 2025 09:35:09 +0530 In April 2025, Commerce Secretary Mr. Sunil Barthwal visited Croatia to boost trade ties, focusing on EVs, healthcare, and renewables, while advancing the India-Europe FTA and strengthening investment and B2B linkages. https://www.ibef.org/news/commerce-secretary-government-of-india-mr-sunil-barthwal-engages-with-croatian-counterparts-to-strengthen-bilateral-economic-cooperation Wed, 30 Apr 2025 09:33:07 +0530 Aadhaar authentication transactions surpassed 2,707 crore in 2024-25, with significant growth in Face Authentication and e-Know Your Customer, highlighting its expanding role in digital services and government schemes. https://www.ibef.org/news/aadhaar-authentication-surges-past-2-707-crore-in-2024-25-unique-identification-authority-of-india-s-uidai-face-authentication-gains-momentum Wed, 30 Apr 2025 09:32:15 +0530 Avaada Group has signed an agreement with the Maharashtra government to develop two pumped storage projects with a combined capacity of 3,600 megawatts, investing US$ 1.77 billion to boost Maharashtra's clean energy and grid reliability. https://www.ibef.org/news/avaada-group-maharashtra-government-ink-pact-to-set-up-3-600-megawatts-mw-pumped-storage-projects-at-rs-15-100-crore-us-1-77-billion Wed, 30 Apr 2025 09:30:46 +0530 The Uttar Pradesh government is driving a green revolution by targeting 500 gigawatts of solar energy by 2030, with partnerships and initiatives to transform regions into solar hubs, create local jobs, and boost infrastructure like solar expressways and rooftop installations. https://www.ibef.org/news/uttar-pradesh-government-signs-memorandum-of-understandings-mous-to-boost-solar-push-targets-500-gigawatts-gw-green-energy-by-2030 Wed, 30 Apr 2025 09:27:47 +0530 Indian airlines carried 14.5 million passengers in March 2025, marking an 8.79% growth, with IndiGo maintaining a dominant 64% market share and leading in on-time performance. https://www.ibef.org/news/indian-airlines-carried-14-5-million-passengers-in-march-8-79-higher-yoy-directorate-general-of-civil-aviation-dgca Tue, 29 Apr 2025 09:32:52 +0530 NASSCOM's report reveals India’s growing influence in the global Artificial Intelligence (AI) patent landscape, with a 2.6x increase in patent-to-gross Domestic Product (GDP) ratio and a record number of AI-related patents. https://www.ibef.org/news/over-86-000-artificial-intelligence-ai-patents-filed-in-india-between-2010-and-2025-nasscom Tue, 29 Apr 2025 09:31:47 +0530 India could eliminate thermal coal imports by 2029, saving up to US$ 173 billion by ramping up 50 gigawatts of renewable energy annually, reducing financial and supply risks. https://www.ibef.org/news/adding-50-gigawatts-gw-renewable-energy-yearly-can-end-coal-imports-by-2029-save-india-rs-5-61-066-crore-us-66-billion-report Tue, 29 Apr 2025 09:30:31 +0530 India’s passenger vehicle industry is on track to hit a record five million units in FY26, driven by strong domestic demand and continued growth in utility vehicles. https://www.ibef.org/news/passenger-vehicle-pv-industry-to-hit-record-five-million-domestic-export-units-in-fy26-crisil Tue, 29 Apr 2025 09:29:13 +0530 Free Stream Technologies, Lava International, and HMD Global are set to launch Direct-to-Mobile (D2M) phones, enabling offline access to multimedia content and supporting India’s "Viksit Bharat" vision. https://www.ibef.org/news/make-in-india-initiative-to-get-boost-with-direct-to-mobile-phones Tue, 29 Apr 2025 09:27:45 +0530 India's Apple App Store ecosystem generated US$ 5.23 billion in 2024, with over 94% of the sales going directly to developers, showcasing India's growing influence in the global app economy. https://www.ibef.org/news/apple-app-store-drives-rs-44-447-crore-us-5-23-billion-in-billings-and-sales-in-india-in-2024 Tue, 29 Apr 2025 09:26:30 +0530 Patent filings by startups and MSMEs have surged by 310% in five years, while over 2.4 million students and faculty have been educated on IP rights through a nationwide awareness mission. https://www.ibef.org/news/startups-msmes-filed-310-more-patents-in-past-five-years-official Mon, 28 Apr 2025 09:53:04 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, emphasized India's efforts to safeguard its steel industry from unfair practices, highlighting its potential to drive global steel demand at the Steel India 2025 event. https://www.ibef.org/news/government-protecting-local-steel-players-from-dumping-low-prices-union-minister-of-commerce-industry-mr-piyush-goyal Mon, 28 Apr 2025 09:51:43 +0530 India is expanding its Digital Public Infrastructure into sectors like agriculture and smart cities, aiming to share its success globally for inclusive growth and good governance. https://www.ibef.org/news/india-backs-tech-democracy-offers-to-share-its-digital-public-infrastructure-dpi-with-the-world Mon, 28 Apr 2025 09:50:13 +0530 India’s economy is expected to grow at 6.5% in FY26, driven by falling crude oil prices, despite challenges from reduced exports, global slowdown, and excess production capacities. https://www.ibef.org/news/india-could-grow-at-6-5-in-fy26-aided-by-falling-crude-prices-ey Mon, 28 Apr 2025 09:48:29 +0530 Residential transactions in key Indian cities surged 77% from FY19 to FY25, driven by strong recovery, homeownership preferences, and rising demand for ready-to-move-in properties. https://www.ibef.org/news/5-44-lakh-housing-units-registered-in-fy25-a-77-increase-from-fy19 Mon, 28 Apr 2025 09:46:28 +0530 Synergy Marine Group CEO, Mr. Jesper Kristensen, anticipates short-term friction in India's maritime sector due to US tariffs but emphasizes India's strong fundamentals for long-term resilience. https://www.ibef.org/news/india-s-maritime-fundamentals-remain-strong-despite-us-tariffs-says-synergy-marine-group-ceo-mr-jesper-kristensen Mon, 28 Apr 2025 09:45:02 +0530 India achieved a record 145.5 million metric tonnes of cargo movement on inland waterways in FY25, up from 18.1 million metric tonnes in FY14, registering a compounded annual growth rate (CAGR) of 20.86%. https://www.ibef.org/news/india-s-record-cargo-movement-on-inland-waterways Fri, 25 Apr 2025 09:29:55 +0530 Prime Minister Mr. Narendra Modi calls on India’s steel industry to eliminate imports, boost capacity to 500 million tonnes by 2047, and drive self-reliance as a pillar of the US$ 5 trillion economy vision. https://www.ibef.org/news/the-steel-industry-s-goal-should-be-zero-import-and-net-export-prime-minister-mr-narendra-modi Fri, 25 Apr 2025 09:28:48 +0530 India is poised to become the first nation to seal a bilateral trade pact with the United States (US) under US President Mr. Donald Trump’s tariff policy, reflecting strong ties and mutual market openness. https://www.ibef.org/news/india-likely-to-secure-first-trade-deal-amid-united-states-tariff-push-united-states-secretary-of-the-treasury-mr-scott-bessent Fri, 25 Apr 2025 09:27:39 +0530 India's alcoholic beverage industry aims to boost exports from US$ 370.5 million to US$ 1 billion by 2030, focusing on global markets, organic wine, and value-added processing. https://www.ibef.org/news/huge-export-potential-for-alcoholic-beverages-may-reach-rs-8-535-crore-us-1-billion-by-2030-agricultural-and-processed-food-products-export-development-authority-apeda-chairman Fri, 25 Apr 2025 09:26:14 +0530 India plans to launch 100-150 new satellites in the next three years to strengthen border security and coastal surveillance, supported by reforms opening the space sector to private players. https://www.ibef.org/news/india-to-add-100-150-satellites-to-enhance-safety-security-in-three-years-indian-space-research-organisation-isro Fri, 25 Apr 2025 09:24:40 +0530 Databricks commits US$ 250 million to boost India’s data and AI ecosystem, focusing on Research and Development, talent development, and market expansion over the next three years. https://www.ibef.org/news/databricks-announces-strategic-investment-of-rs-2-133-crore-us-250-million-in-india-over-three-years Fri, 25 Apr 2025 09:22:53 +0530 India’s private sector business activity hit an eight-month high in April, boosted by strong new orders and rising international demand, as the Composite PMI climbed to 60.0. https://www.ibef.org/news/private-sector-business-activity-rises-to-an-eight-month-high-in-april-purchasing-managers-index-pmi-data Thu, 24 Apr 2025 10:19:24 +0530 India's growth is projected at 6.2-6.7% in FY25, despite global economic uncertainties and revised downward growth forecasts from international agencies. https://www.ibef.org/news/india-to-remain-fastest-growing-even-as-fy26-gdp-forecast-cut-to-6-2-6-7 Thu, 24 Apr 2025 10:18:04 +0530 Indian banks have outperformed global peers in digital transformation, with nine of 12 banks classified as "Digital Champions" in Deloitte's 2024 report. https://www.ibef.org/news/indian-banks-outperform-global-peers-in-digital-transition-daily-services Thu, 24 Apr 2025 10:16:38 +0530 Union Minister of Labour & Employment and Youth Affairs & Sports, Mr. Mansukh Mandaviya, announced that nearly one million gig workers have registered on the e-Shram portal, with three to four million more registrations expected in the next three months. https://www.ibef.org/news/one-million-gig-workers-registered-on-e-shram-portal-union-minister-of-labour-employment-and-youth-affairs-sports-mr-mansukh-mandaviya Thu, 24 Apr 2025 10:14:46 +0530 India’s Global Capability Centre (GCC) workforce is set to reach three million by 2030, creating around four lakh job opportunities for freshers and witnessing a 3–5% improvement in gender diversity. https://www.ibef.org/news/india-s-global-capability-centre-gcc-workforce-to-add-4-00-000-fresher-jobs-by-2030-firstmeridian Thu, 24 Apr 2025 10:13:12 +0530 Non-resident Indian (NRI) deposit inflows rose 23% to US$ 14.55 billion in FY25, reaching US$ 160.33 billion by February 2025. https://www.ibef.org/news/non-resident-indian-nri-deposit-inflows-jump-23-till-february-reserve-bank-of-india-s-rbi-monthly-bulletin Thu, 24 Apr 2025 10:11:09 +0530 India’s hand and power tools sector could boost exports from US$ 1 billion in FY25 to US$ 25 billion by 2035, creating 3.5 million jobs, as per a NITI Aayog– Foundation for Economic Development report, positioning India as a reliable manufacturing alternative to China. https://www.ibef.org/news/unlocking-rs-2-13-250-crore-us-25-billion-plus-exports-in-india-s-hand-power-tools-sector Wed, 23 Apr 2025 10:51:13 +0530 Union Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman, highlighted India-US economic collaboration opportunities in sectors like semiconductors, nuclear power, pharmaceuticals, and quantum computing amidst rising global trade restrictions. https://www.ibef.org/news/india-united-states-us-can-boost-ties-in-semiconductors-pharma-nuclear-union-minister-for-finance-corporate-affairs-ms-nirmala-sitharaman Wed, 23 Apr 2025 10:49:58 +0530 India's Production-Linked Incentive scheme is attracting global laptop brands like Asus, HP, and MSI to shift production from China, boosting domestic manufacturing amid rising trade tensions. https://www.ibef.org/news/global-laptop-brands-tap-india-as-china-risk-grows-production-linked-incentive-pli-gains-traction Wed, 23 Apr 2025 10:46:35 +0530 Kantar reports that most Indian consumers trust influencer recommendations over traditional ads, with influencer content, e-commerce, and online display ads being the most equitable media channels in India. https://www.ibef.org/news/influencers-take-lead-as-67-indians-trust-their-recommendations-over-traditional-advertisements-kantar Wed, 23 Apr 2025 10:45:29 +0530 India's pet care industry is expected to grow to Rs. 10,000 crore (US$ 1.17 billion) by 2028, with Godrej Pet Care investing Rs. 500 crore (US$ 59 million) over five years. https://www.ibef.org/news/india-s-pet-care-industry-to-touch-rs-10-000-crore-us-1-17-billion-by-2028-godrej-pet-care-chief Wed, 23 Apr 2025 10:43:25 +0530 Over 74% of employers in India plan to hire freshers for Artificial Intelligence-related roles in H1 FY25, reflecting the government's focus on technological advancement and workforce growth. https://www.ibef.org/news/significant-percentage-of-employers-plan-to-hire-freshers-with-ai-related-roles-in-h1-fy25-report Wed, 23 Apr 2025 10:41:01 +0530 India’s leather and footwear exports rose 25% in FY24 to US$ 5.7 billion, surpassing targets amid strong global demand despite economic uncertainties. https://www.ibef.org/news/leather-exports-up-25-at-rs-48-667-crore-us-5-7-billion-in-fy25-may-hit-rs-55-497-crore-us-6-5-billion-in-fy26-council-for-leather-exports-cle Tue, 22 Apr 2025 10:05:54 +0530 UBS projects a 13% earnings growth for India’s consumer sector in FY26, driven by income stimuli and attractive valuations signalling a strong rebound. https://www.ibef.org/news/india-s-consumer-sector-ready-to-rebound-earnings-to-grow-by-13-in-fy26-ubs-report Tue, 22 Apr 2025 10:04:26 +0530 India has shipped the second batch of BrahMos supersonic missiles to the Philippines, advancing its US$ 375 million defence export deal signed in 2022. https://www.ibef.org/news/india-exports-second-batch-brahmos-missile-to-philippines-via-sea Tue, 22 Apr 2025 10:03:04 +0530 India must create at least eight million jobs annually for the next 10–12 years and significantly raise its manufacturing share in Gross Domestic Product to achieve the goal of becoming a developed nation by 2047, according to Chief Economic Advisor Mr. V. Anantha Nageswaran. https://www.ibef.org/news/india-to-generate-eight-million-jobs-per-year-for-next-10-12-years-chief-economic-advisor-dr-v-anantha-nageswaran Tue, 22 Apr 2025 10:01:36 +0530 India's oil and gas sector has attracted major investments and discoveries under policies like NELP and OALP, with nine NELP rounds bringing in over US$ 36 billion. https://www.ibef.org/news/india-attracted-rs-3-07-368-crore-us-36-billion-investment-177-discoveries-in-pre-2014-oil-gas-blocks-oil-ministry-report Tue, 22 Apr 2025 10:00:09 +0530 India's cost edge and expanding manufacturing base are boosting its position in the global auto components market, with exports surging 73% since FY21. https://www.ibef.org/news/manufacturing-base-and-cost-advantages-to-make-india-a-leader-in-the-global-auto-component-market-niti-aayog Tue, 22 Apr 2025 09:57:49 +0530 Smartphones become India's largest individual export commodity in FY25, surpassing automotive diesel fuel, driven by a 54.7% surge in exports, led by Apple's production shift to India and the success of the Production-Linked Incentive (PLI) scheme. https://www.ibef.org/news/smartphones-ring-loudest-in-indian-exports-shipments-value-reaches-rs-1-53-774-crore-us-18-billion Mon, 21 Apr 2025 10:31:56 +0530 Electronics manufacturing has grown five-fold, surpassing US$ 128.76 billion in FY25, while exports have increased six-fold to over US$ 38.04 billion, generating nearly 25 lakh jobs. https://www.ibef.org/news/india-made-electronics-reliable-recognised-globally-union-minister-for-electronics-and-information-technology-railways-and-information-broadcasting-mr-ashwini-vaishnaw Mon, 21 Apr 2025 10:30:00 +0530 India’s energy storage sector is set to attract US$ 56.07 billion in investments by 2032, with a five-fold growth expected between 2026 and 2032, driven by rising demand for sustainable energy solutions. https://www.ibef.org/news/energy-storage-sector-to-attract-rs-4-79-000-crore-us-56-07-billion-investment-by-2032-india-energy-storage-alliance-iesa Mon, 21 Apr 2025 10:27:15 +0530 India’s automobile exports surged by 19% in FY25, reaching over 5.3 million units, driven by strong global demand for passenger vehicles, two-wheelers, and commercial vehicles. https://www.ibef.org/news/automobile-exports-rise-19-to-over-5-3-million-units-in-fy25-on-strong-demand-society-of-indian-automobile-manufacturers-siam Mon, 21 Apr 2025 10:24:27 +0530 Bengaluru’s luxury apartment market crosses US$ 117.05 million in annual sales, with a growing demand for spacious, ultra-premium homes, signaling a shift towards aspirational and strategic investments. https://www.ibef.org/news/bengaluru-s-luxury-apartment-sales-cross-rs-1-000-crore-us-117-05-million-in-fy25-shows-data Mon, 21 Apr 2025 10:22:43 +0530 Tata Motors achieves a record in FY25 with 250 patents and 148 design applications, driving innovations in Connectivity, Electrification, Sustainability, and Safety (CESS), alongside advancements in hydrogen vehicles and fuel cells. https://www.ibef.org/news/tata-motors-files-record-250-patents-148-design-applications-in-fy25 Mon, 21 Apr 2025 10:20:44 +0530 Government e-Marketplace (GeM) has facilitated insurance coverage for over 1.3 crore individuals and enabled the hiring of one million manpower resources in FY25. https://www.ibef.org/news/over-1-3-crore-persons-insured-through-government-e-marketplace-gem-in-fy25 Thu, 17 Apr 2025 09:24:49 +0530 India’s total exports in FY25 touched US$ 820.93 billion, driven by strong services growth and rising non-petroleum merchandise exports. https://www.ibef.org/news/the-cumulative-exports-merchandise-services-during-fy25-april-march-is-estimated-to-grow-by-5-50-at-us-820-93-billion-as-compared-to-us-778-13-billion-in-fy24-april-march Thu, 17 Apr 2025 09:22:59 +0530 Union Minister for External Affairs, Dr. S. Jaishankar, highlighted India’s evolving global presence, emphasising the shift from apprehension to confident optimism, with the nation now taking on a proactive role in global progress as a rising economic power. https://www.ibef.org/news/india-now-engages-the-world-with-growing-confidence-says-union-minister-for-external-affairs-dr-s-jaishankar Thu, 17 Apr 2025 09:21:49 +0530 India’s sustainable tourism market is projected to grow from US$ 37 million to US$ 216 million in the next decade, driven by government initiatives and global trends towards eco-friendly travel. https://www.ibef.org/news/india-s-sustainable-tourism-market-to-touch-rs-1-848-96-crore-us-216-million-makemytrip-founder Thu, 17 Apr 2025 09:20:26 +0530 Domestic commercial vehicle volumes are set to hit one million units this fiscal (FY26), driven by infrastructure development, strong demand in e-commerce, and government initiatives like the PM-eBus Sewa scheme. https://www.ibef.org/news/domestic-commercial-vehicle-cv-volumes-may-touch-one-million-units-mark-this-financial-year-crisil Thu, 17 Apr 2025 09:18:52 +0530 Apple is set to post record iPhone shipments in India this quarter, crossing three million units, driven by affordability initiatives, strong demand for the iPhone 16 series, and a growing retail footprint. https://www.ibef.org/news/apple-shipped-over-three-million-made-in-india-iphones-in-january-march-2025 Thu, 17 Apr 2025 09:16:40 +0530 India’s passenger vehicle sales hit a record 4.3 million units in FY25, led by utility vehicles at 65% share, while overall auto exports rose 19.2% amid strong global and domestic demand. https://www.ibef.org/news/india-s-passenger-vehicle-sales-hit-record-high-at-43-lakh-units-in-fy25-utility-vehicles-driver-of-growth-society-of-indian-automobile-manufacturers-siam Wed, 16 Apr 2025 11:02:17 +0530 India’s automotive sector, contributing significantly to Gross Domestic Product (GDP), aims to boost its global share from 3% to 8% by 2030 with key reforms and government support. https://www.ibef.org/news/automotive-industry-powering-india-s-participation-in-global-value-chains-gvcs Wed, 16 Apr 2025 11:00:47 +0530 India's branded residences and resorts market is set to reach US$ 1 billion by 2027, driven by rising domestic and foreign demand, with projected growth of 11-12% in FY26 and 15% by 2030. https://www.ibef.org/news/branded-residences-resorts-in-india-to-hit-rs-8-610-crore-us-1-billion-by-2027-fine-acers Wed, 16 Apr 2025 10:58:43 +0530 India’s digital commerce is set to grow fivefold to US$ 320-340 billion by 2030, driven by the government-backed Open Network for Digital Commerce (ONDC). https://www.ibef.org/news/ondc-to-help-digital-commerce-grow-fivefold-by-2030-mckinsey-company Wed, 16 Apr 2025 10:56:10 +0530 NITI Aayog’s new report highlights India’s potential to tap over US$ 25 billion in exports from the growing global hand and power tools market by 2035. https://www.ibef.org/news/niti-aayog-launches-report-on-unlocking-rs-2-13-925-crore-us-25-billion-export-potential-india-s-hand-power-tools-sector Wed, 16 Apr 2025 10:54:11 +0530 India plans a US$ 4 billion incentive scheme to strengthen electronics design and cut import reliance across 60 semiconductor and electronics categories. https://www.ibef.org/news/india-eyes-seat-at-global-tech-patents-table-with-rs-34-228-crore-us-4-billion-design-incentive-scheme Wed, 16 Apr 2025 10:52:33 +0530 India’s luxury housing market sustained its upward trajectory in Q1 2025, with sales of high-end homes priced above US$ 464,594.80 rising nearly 28% YoY across the top seven cities. https://www.ibef.org/news/luxury-housing-sales-record-28-yoy-growth-across-top-seven-cities-in-q1-2025 Tue, 15 Apr 2025 09:32:45 +0530 Under the Mudra Yojana, the government has disbursed over US$ 383.28 billion in collateral-free loans to 52 crore individuals—68% women—boosting entrepreneurship and economic growth. https://www.ibef.org/news/mudra-yojana-rs-33-00-000-crore-us-383-28-billion-of-collateral-free-loans-sanctioned-68-of-beneficiaries-women Tue, 15 Apr 2025 09:31:03 +0530 Driven by rising disposable incomes and disciplined investing, monthly Systematic Investment Plan inflows in India's mutual fund industry are expected to reach US$ 4.65 billion within 18–24 months. https://www.ibef.org/news/monthly-systematic-investment-plan-sip-inflows-may-touch-rs-40-000-crore-us-4-65-billion-in-18-24-months-union-asset-management-company-ceo Tue, 15 Apr 2025 09:29:27 +0530 The Ministry of Commerce and Industry will allocate a significant portion of the second Rs. 10,000 crore (US$ 1.16 billion) Fund of Funds Scheme to support budding entrepreneurs. https://www.ibef.org/news/government-to-give-the-bulk-of-rs-10-000-crore-us-1-16-billion-startup-fund-to-artificial-intelligence-tech-sectors-official Tue, 15 Apr 2025 09:26:51 +0530 India's stock market shows strong resilience amid global trade tensions, with robust sectoral gains and outperforming global peers, driven by solid fundamentals and a favorable macroeconomic outlook. https://www.ibef.org/news/amid-trade-war-concerns-india-s-market-is-resilient-with-capital-goods-and-utilities-leading-the-way-union-asset-management-company Tue, 15 Apr 2025 09:23:49 +0530 India's seafood exporters are set to ship 35,000-40,000 tonnes of shrimp to the United States after a temporary tariff reduction, offering relief for delayed shipments. https://www.ibef.org/news/india-is-preparing-to-ship-40-000-tonnes-of-shrimp-to-the-united-states-after-tariff-pause Tue, 15 Apr 2025 09:22:21 +0530 India's semiconductor end-demand revenues are projected to double by 2030, while localisation opportunities are expected to contribute around US$ 13 billion. https://www.ibef.org/news/india-s-semiconductor-demand-to-see-15-cagr-hit-rs-9-29-880-crore-us-108-billion-by-2030-ubs-report Mon, 14 Apr 2025 10:41:34 +0530 President of India, Ms. Droupadi Murmu, invited Slovakian businesses to join “Make in India,” emphasising India’s economic ambitions and its role as a stable growth partner globally. https://www.ibef.org/news/india-shining-example-of-progress-in-world-of-uncertainties-president-of-india-ms-droupadi-murmu Mon, 14 Apr 2025 10:39:22 +0530 India's hospitality industry is set for rapid growth, with over 1,00,000 new rooms expected in the next five years, marking a 20-30% increase from 2024. https://www.ibef.org/news/luxury-rush-hospitality-industry-may-add-1-00-000-keys-in-five-years Mon, 14 Apr 2025 10:38:11 +0530 India is fast becoming a global electronics manufacturing hub with rising value addition and soaring mobile exports, supported by policy reforms and reduced imports of finished goods. https://www.ibef.org/news/india-s-electronics-manufacturing-value-addition-jumps-to-70-set-to-reach-90-by-fy27 Mon, 14 Apr 2025 10:36:20 +0530 Indian airport operators are set to witness 18–20% growth in FY26, driven by rising passenger traffic, tariff hikes, and higher non-aeronautical revenues, says ICRA. https://www.ibef.org/news/icra-expects-18-20-growth-for-airport-operators-in-fy26-on-higher-traffic Mon, 14 Apr 2025 10:33:51 +0530 JioHotstar has become the world's third-largest video streaming service with over 200 million paid subscribers, driven by its multi-language live IPL coverage. https://www.ibef.org/news/jiohotstar-crosses-200-million-subscribers-on-ipl-boost-ranks-third-globally Mon, 14 Apr 2025 10:32:46 +0530 India’s pharmaceutical market grew 8.4% in FY25, led by strong value growth in cardiac, gastrointestinal, and anti-diabetic therapies, according to Pharmarack. https://www.ibef.org/news/booster-shot-as-india-s-pharma-market-grew-8-4-in-fy25-pharmarack Fri, 11 Apr 2025 10:38:56 +0530 The Ontario Teachers' Pension Plan (OTPP) CEO, Mr. Jo Taylor, highlighted India’s strategic value as a growth market, stressing the need for balanced investments amid global geopolitical uncertainties. https://www.ibef.org/news/india-a-growth-powerhouse-in-a-tariff-torn-world Fri, 11 Apr 2025 10:37:00 +0530 SIAM welcomed RBI’s interest rate cut, expecting lower borrowing costs to boost consumer sentiment and positively impact the auto sector. https://www.ibef.org/news/rbi-rate-cut-will-have-positive-impact-on-auto-sector-siam Fri, 11 Apr 2025 10:35:28 +0530 India’s natural gas consumption is projected to grow by nearly 60% by 2030, reaching 297 million standard cubic metres per day (mmscmd), up from 188 mmscmd in FY24, according to a study by the Petroleum and Natural Gas Regulatory Board (PNGRB). https://www.ibef.org/news/india-s-natural-gas-consumption-to-rise-60-by-2030-oil-regulator-petroleum-and-natural-gas-regulatory-board-pngrb Fri, 11 Apr 2025 10:34:27 +0530 Despite global slowdowns causing cautious hiring elsewhere, India continues to witness strong demand for skilled professionals, especially in technology and digital transformation. https://www.ibef.org/news/indian-job-market-stays-strong-amid-global-uncertainty-michael-page-india Fri, 11 Apr 2025 10:32:58 +0530 GE Aerospace credits its Bengaluru data science team for advancing its digital twin concept and adapting AI strategies following the rise of generative AI like ChatGPT. https://www.ibef.org/news/india-team-vital-to-the-future-of-flight-with-ai-vice-president-of-data-sciences-and-analytics-at-ge-aerospace-mr-dinakar-deshmukh Fri, 11 Apr 2025 10:31:03 +0530 Domestic brokerages added a record-breaking 41.1 million demat accounts in the FY25, bringing the total number of such accounts to 192.4 million, the highest annual increase ever in absolute numbers. https://www.ibef.org/news/highest-ever-192-4-million-demat-accounts-opened-in-fy25-brokerages-add-41-1-million Wed, 09 Apr 2025 10:30:54 +0530 India and the United Arab Emirates strengthen their partnership through strategic investments, education tie-ups, and a shared US$ 100 billion non-oil trade vision under the Comprehensive Economic Partnership Agreement (CEPA). https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-addresses-the-dubai-india-business-forum-in-mumbai Wed, 09 Apr 2025 10:29:35 +0530 India’s general insurance sector is projected to grow 13% YoY in FY26, led by value-driven premiums surging health insurance demand, according to India Ratings. https://www.ibef.org/news/general-insurance-industry-likely-to-grow-13-in-fy26-india-ratings Wed, 09 Apr 2025 10:28:12 +0530 Indian buyers are increasingly dominating the United Kingdom property market, particularly in London, drawn by favorable exchange rates and stable rental yields. https://www.ibef.org/news/indian-investors-are-becoming-one-of-the-most-dynamic-buyer-segments-in-the-united-kingdom-property-market Wed, 09 Apr 2025 10:26:33 +0530 India is set to introduce incentive schemes this year to support recycling 24 identified critical minerals, including lithium and cobalt, essential for the green energy transition. https://www.ibef.org/news/government-may-formalise-incentives-for-critical-minerals-recycling-this-year Wed, 09 Apr 2025 10:24:43 +0530 India's building materials sector is experiencing a hiring boom fuelled by rapid urbanisation, infrastructure development, and industrial expansion. https://www.ibef.org/news/india-s-building-materials-sector-experiencing-hiring-boom-report Wed, 09 Apr 2025 10:22:37 +0530 India surpassed Germany in 2024 to become the world’s third-largest wind and solar electricity producer, contributing 10% to global clean energy generation. https://www.ibef.org/news/india-surpasses-germany-as-third-largest-wind-solar-power-generator-report Tue, 08 Apr 2025 10:27:23 +0530 Prime Minister Mr. Narendra Modi, on World Health Day 2025, called health the "ultimate fortune" and reaffirmed India’s push for inclusive, digital healthcare. https://www.ibef.org/news/good-health-key-to-thriving-society-prime-minister-mr-narendra-modi-s-message-on-world-health-day Tue, 08 Apr 2025 10:25:53 +0530 Pradhan Mantri Mudra Yojana (PMMY) marks 10 years of empowering over 520 million grassroots entrepreneurs—68% women—with US$ 379 billion in collateral-free credit, fostering a self-reliant and inclusive Bharat. https://www.ibef.org/news/a-decade-of-growth-with-pm-mudra-yojana Tue, 08 Apr 2025 10:24:21 +0530 Driven by resilient demand, low inventory, and improving affordability, India’s top seven cities are set to witness a 6–9% rise in new real estate launches in FY26, signaling renewed growth and strong consumer confidence in the sector. https://www.ibef.org/news/new-realty-launches-to-rise-6-9-to-620-640-million-square-feet-in-fy26-icra Tue, 08 Apr 2025 10:22:55 +0530 Apple Inc. exported iPhones worth a record US$ 17.47 billion in FY25 from India, contributing 75% to the country’s smartphone exports and surpassing PLI targets, marking a 76% YoY growth. https://www.ibef.org/news/india-s-iphone-exports-rang-louder-at-rs-1-50-000-crore-us-17-47-billion-in-fy25-2x-the-production-linked-incentive-pli-target Tue, 08 Apr 2025 10:19:46 +0530 India is fast emerging as a global anime and storytelling powerhouse, with initiatives like WAM! and WAVES 2025 nurturing homegrown talent, bridging skill gaps, and unlocking a projected US$ 5 billion creative economy by 2032. https://www.ibef.org/news/waves-anime-manga-contest-wam-india-s-manga-anime-boom Tue, 08 Apr 2025 10:18:01 +0530 India has collected over 2,570 metric tonnes of lithium-ion electric vehicle battery waste since 2022, driven by strict recycling regulations under the Battery Waste Management Rules. https://www.ibef.org/news/recyclers-collected-over-2-500-metric-tonnes-of-lithium-ion-electric-vehicle-ev-waste-batteries-since-2022-government Mon, 07 Apr 2025 10:52:43 +0530 India ranked 10th globally in Artificial Intelligence (AI) investment in 2023 with US$ 1.4 billion, reflecting growing innovation and global relevance, but must boost Research and Development and skills to stay competitive. https://www.ibef.org/news/india-ranks-10th-with-rs-11-943-crore-us-1-4-billion-private-investment-in-artificial-intelligence-ai-united-nations-un-report Mon, 07 Apr 2025 10:51:23 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, at Startup Mahakumbh 2025, celebrated India's booming startup ecosystem with the US$ 1.17 billion Second Fund of Funds for Startups, new Startup India Desk and a strong push for innovation from across India. https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-confers-startup-maharathi-awards-at-startup-mahakumbh-2025 Mon, 07 Apr 2025 10:49:42 +0530 Rural demand outpaced urban in Q4 FY25 for FMCG players like Dabur, Marico, and Adani Wilmar Agri Business; modern trade and quick commerce drove growth. https://www.ibef.org/news/rural-fast-moving-consumer-goods-fmcg-market-growth-outpaces-urban-in-q4-fy25-as-quick-commerce-sees-growth Mon, 07 Apr 2025 10:48:25 +0530 India, Sri Lanka, and UAE have joined forces to develop Trincomalee as a strategic energy hub, marking a major step toward regional energy security, infrastructure growth, and economic revival. https://www.ibef.org/news/india-sri-lanka-and-the-united-arab-emirates-uae-unveil-ambitious-initiative-for-energy-cooperation Mon, 07 Apr 2025 10:47:11 +0530 Bharat Heavy Electricals Limited (BHEL) and Hitachi Energy India secured a US$ 1.41 billion contract from Adani Energy Solutions to develop India’s largest private power transmission project, enhancing renewable energy integration and grid stability. https://www.ibef.org/news/bharat-heavy-electricals-limited-bhel-hitachi-to-develop-india-s-largest-private-power-transmission-project-worth-rs-12-000-crore-us-1-41-billion Mon, 07 Apr 2025 10:45:41 +0530 Institutional investments in Indian real estate hit US$ 1.3 billion from January to March 2025, growing 31% YoY. Domestic investors led with 60% of inflows, while residential, industrial, and alternative assets saw significant surges. https://www.ibef.org/news/real-estate-attracts-rs-11-090-30-crore-us-1-3-billion-investment-in-january-to-march-2025-up-31-yoy-colliers Fri, 04 Apr 2025 11:02:56 +0530 Union Minister of Commerce & Industry Mr. Piyush Goyal urged investment in robotics, automation, AI, and 3D manufacturing to drive India's industrial growth and achieve the "Viksit Bharat 2047" vision. https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-calls-for-investments-in-emerging-technologies-to-propel-viksit-bharat-2047-vision Fri, 04 Apr 2025 11:00:33 +0530 Startup Maha Kumbh 2025, India’s largest startup event, will bring 3,000 startups to New Delhi from April 3, 2025, to April 5, 2025, fostering public-private partnerships and attracting global investors. https://www.ibef.org/news/3-000-startups-to-participate-in-startup-maha-kumbh-2025-department-for-promotion-of-industry-and-internal-trade-dpiit-joint-secretary-mr-sanjiv-singh Fri, 04 Apr 2025 10:58:22 +0530 India’s Global Capability Centres (GCCs) have significantly boosted its office property market, driving it to record highs in the March quarter. This surge in demand has been led by major corporations expanding their operations. https://www.ibef.org/news/global-capability-centres-gccs-propel-india-s-office-property-market-to-a-new-peak-in-the-march-quarter Fri, 04 Apr 2025 10:56:01 +0530 The Ministry of Culture is driving Viksit Bharat 2047 by leveraging heritage, technology, and creative industries to position India as a global cultural powerhouse. https://www.ibef.org/news/role-of-cultural-heritage-in-making-a-viksit-bharat-by-2047 Fri, 04 Apr 2025 10:54:48 +0530 As India looks to become a US$ 7 trillion economy by 2030, the technology sector is poised to play a pivotal role by contributing about US$ 1 trillion to the Gross Domestic Product, driving innovation that solves domestic and global problems. https://www.ibef.org/news/technology-sector-crucial-for-india-s-rs-5-97-17-000-crore-us-7-trillion-economy-goal-by-2030-nasscom-president-mr-rajesh-nambiar Fri, 04 Apr 2025 10:51:59 +0530 India’s passenger vehicle exports hit a record high of 7,55,000–7,65,000 units in FY25, marking a 12-14% growth, with Maruti Suzuki and Hyundai leading the charge. https://www.ibef.org/news/india-s-car-exports-hit-record-in-fy25-maruti-leads-the-way Thu, 03 Apr 2025 09:35:02 +0530 The Ministry of New and Renewable Energy (MNRE) achieved a historic milestone in the renewable energy sector for FY25. The country has added 25 GW of renewable energy capacity, an increase of nearly 35% over the previous year’s addition of 18.57 GW. https://www.ibef.org/news/india-achieves-historic-milestone-in-renewable-energy-capacity-addition-in-fy25 Thu, 03 Apr 2025 09:33:45 +0530 India’s manufacturing activity surged to an eight-month high in March, with PMI rising to 58.1, driven by buoyant demand and strong sales. https://www.ibef.org/news/india-s-march-factory-activity-expands-at-its-fastest-pace-in-eight-months Thu, 03 Apr 2025 09:32:31 +0530 Government e-Marketplace (GeM) has facilitated the hiring over one million manpower resources in FY25, reinforcing its role in transparent and efficient public procurement. https://www.ibef.org/news/over-one-million-resources-hired-through-government-e-marketplace-gem-in-fy25 Thu, 03 Apr 2025 09:30:31 +0530 India is emerging as a global leader in Agentic AI adoption, with over 80% of businesses actively exploring the development of autonomous agents, per the Deloitte report. https://www.ibef.org/news/india-leads-in-agentic-artificial-intelligence-ai-adoption-80-firms-onboard-deloitte-report Thu, 03 Apr 2025 09:29:08 +0530 A project sanction order under the Make-I category for designing and developing a megawatt medium-speed marine diesel engine has been inked between the Indian Navy and Kirloskar Oil Engines Limited. https://www.ibef.org/news/aatmanirbharta-in-defence-project-sanction-order-signed-for-design-development-of-six-megawatt-mw-medium-speed-marine-diesel-engine-worth-rs-270-crore-us-31-61-million Thu, 03 Apr 2025 09:27:45 +0530 The Unified Payments Interface (UPI) system in March 2025 clocked 19.78 billion transactions worth Rs. 24,77,000 crore (US$ 289.26 billion), marking a record growth in value and volume for the digital payments system. https://www.ibef.org/news/unified-payments-interface-upi-clocks-new-record-in-value-and-volume-in-march-after-a-dip-in-february Wed, 02 Apr 2025 10:01:56 +0530 Moody's Ratings forecasts India’s 6.5% growth this FY26, the highest among G20 nations, driven by tax measures, monetary easing, and strong capital inflows. https://www.ibef.org/news/india-s-growth-to-be-highest-among-advanced-emerging-group-of-twenty-g20-nations-moody-s Wed, 02 Apr 2025 10:00:51 +0530 President Ms. Droupadi Murmu said the Reserve Bank of India has shaped India's transformation by strengthening financial inclusion, ensuring monetary stability, and fostering economic growth. https://www.ibef.org/news/the-reserve-bank-of-india-rbi-is-the-architect-of-india-s-financial-transformation-president-ms-droupadi-murmu Wed, 02 Apr 2025 09:59:29 +0530 India is set to lead global Electric Vehicle (EV) manufacturing by 2030, driven by falling lithium-ion battery costs, innovation, and infrastructure growth, as announced by Union Minister of Road Transport & Highways, Mr. Nitin Gadkari https://www.ibef.org/news/india-to-become-the-world-s-biggest-electric-vehicle-manufacturer-in-the-next-five-years-union-minister-of-road-transport-highways-mr-nitin-gadkari Wed, 02 Apr 2025 09:58:08 +0530 India's coal sector has surpassed the one billion tonne production milestone in FY25, highlighting the Ministry of Coal’s efforts to boost output, improve dispatches, and enhance energy security. https://www.ibef.org/news/india-s-coal-sector-has-crossed-the-one-billion-tonne-milestone-in-cumulative-production-for-the-fy25 Wed, 02 Apr 2025 09:56:59 +0530 India has exported 198.65 lakh tonnes of rice till March 25, 2025, of the last financial year (FY25), surpassing the outward shipment of 163.58 lakh tonnes in FY24. https://www.ibef.org/news/india-exported-19-86-million-tonnes-of-rice-till-march-25-2025-of-fy25-government-tells-rajya-sabha Wed, 02 Apr 2025 09:55:25 +0530 India's fruit exports have increased by 47.5% in five years, boosted by free trade agreements with the UAE and Australia, driving growth in these regions. https://www.ibef.org/news/india-s-fruit-exports-rise-47-in-five-years-union-minister-of-state-of-commerce-industry-mr-jitin-prasada-in-rajya-sabha Tue, 01 Apr 2025 10:14:04 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, emphasized the importance of arbitration and mediation mechanisms to support India's growth as a global manufacturing hub at the United International Avocat Conference. https://www.ibef.org/news/arbitration-and-mediation-mechanisms-crucial-for-india-s-emergence-as-a-global-manufacturing-hub-union-minister-of-commerce-industry-mr-piyush-goyal Tue, 01 Apr 2025 10:12:37 +0530 India is expected to face minimal impact from the US reciprocal tariffs, with potential opportunities to boost its exports and strengthen trade ties. https://www.ibef.org/news/us-tariffs-unlikely-to-impact-india-may-create-opportunities-niti-aayog Tue, 01 Apr 2025 10:10:48 +0530 India's venture capital funding surged nearly 40% YoY in early 2025, outpacing global trends and reinforcing its position as a top five VC market. https://www.ibef.org/news/india-s-vc-funding-surges-40-in-early-2025-defying-global-slowdown Tue, 01 Apr 2025 10:09:24 +0530 India's air conditioner market is booming, with sales surging due to record heat waves, rising urbanization, and increasing demand for cooling solutions. https://www.ibef.org/news/india-s-heat-waves-drive-air-conditioner-sales-defying-consumer-slowdown Tue, 01 Apr 2025 10:07:45 +0530 India's express parcel market is projected to reach 24-29 billion shipments by FY30, driven by e-commerce growth, hyperlocal deliveries, and increased digital adoption. https://www.ibef.org/news/india-s-express-parcel-market-to-touch-24-29-billion-shipments-by-fy30-report Tue, 01 Apr 2025 10:06:07 +0530 India’s media and entertainment sector grew 3.3% to US$ 29.14 billion in 2024, with digital advertising leading at 55% of total advertising revenue. https://www.ibef.org/news/indian-media-entertainment-sector-grew-3-3-to-rs-2-50-000-crore-us-29-14-billion-in-2024-report Fri, 28 Mar 2025 10:33:08 +0530 India's retail market is set to hit US$ 1.6 trillion by 2030, with organised retailers surpassing US$ 600 billion, driven by discretionary spending while essentials remain dominant. https://www.ibef.org/news/india-s-retail-market-to-hit-rs-1-37-28-000-crore-us-1-6-trillion-by-2030-led-by-smaller-players Fri, 28 Mar 2025 10:31:22 +0530 India plans to upgrade 25,000 km of highways to four lanes for US$ 117 billion and expand 16,000 km to six lanes for US$ 69.93 billion, says Union Minister for Road Transport and Highways, Mr. Nitin Gadkari. https://www.ibef.org/news/25-000-km-of-highway-to-be-widened-to-four-lanes-for-rs-10-00-000-crore-us-117-billion-union-minister-for-road-transport-and-highways-mr-nitin-gadkari Fri, 28 Mar 2025 10:28:36 +0530 The Union Cabinet approved the US$ 3.02 billion PLI-Auto Scheme to enhance domestic manufacturing of Advanced Automotive Technology products and address cost challenges in the sector. https://www.ibef.org/news/pli-scheme-for-automobile-auto-components-driving-investments-employment-and-growth Fri, 28 Mar 2025 10:26:48 +0530 The Reserve Bank of India may cut the repo rate by 25 basis points (bps) in April, with a total 75 bps reduction expected in FY26, as Ind-Ra predicts 4.7% inflation in FY25. https://www.ibef.org/news/reserve-bank-of-india-rbi-may-cut-repo-rate-by-25-basis-points-bps-in-april-total-75-bps-reduction-likely-in-fy26-india-ratings-and-research-ind-ra Fri, 28 Mar 2025 10:25:20 +0530 India’s e-retail market is set to hit Rs. US$ 170 – US$ 190 billion by 2030, driven by rising shoppers, Quick commerce, and trend-first commerce expansion. https://www.ibef.org/news/india-s-e-retail-market-set-to-reach-rs-16-27-540-crore-us-190-billion-gross-merchandise-value-gmv-by-2030-bain-report Fri, 28 Mar 2025 10:23:46 +0530 India's GDP is set to reach US$ 4.27 trillion by 2025, with a projected 6.5% growth, reflecting strong economic expansion. https://www.ibef.org/news/100-growth-over-past-10-years-imf-says-india-gdp-likely-to-hit-rs-3-60-000-crore-us-4-27-trillion-by-2025-end-top-updates Thu, 27 Mar 2025 10:17:10 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, emphasised innovation as key to India's development at the National Intellectual Property Awards 2024, reaffirming the government's commitment to strengthening the intellectual property ecosystem. https://www.ibef.org/news/innovation-is-key-to-india-s-future-union-minister-of-commerce-industry-mr-piyush-goyal-at-national-intellectual-property-awards-2024 Thu, 27 Mar 2025 10:14:14 +0530 India’s IT sector has grown exponentially, with revenue surging from US$ 118 billion in FY15 to US$ 283 billion in FY25, driven by exports, Foreign Direct Investments, and government initiatives. https://www.ibef.org/news/india-s-information-technology-it-industry-registers-significant-growth-in-last-decade-projected-to-reach-rs-24-29-838-crore-us-283-billion-in-fy25 Thu, 27 Mar 2025 10:11:41 +0530 India’s direct selling industry grew 4.4% YoY to US$ 2.58 billion in FY24, driven by rising participation, wellness dominance, and strong regional contributions. https://www.ibef.org/news/direct-selling-industry-crosses-rs-22-000-crore-us-2-56-billion-report Thu, 27 Mar 2025 10:09:43 +0530 The Ministry of Minority Affairs launched the PM VIKAS Scheme, merging five initiatives to enhance skill development, entrepreneurship for minority women, and education support for dropouts. https://www.ibef.org/news/government-implements-various-schemes-for-the-welfare-and-upliftment-of-every-strata-including-minorities Thu, 27 Mar 2025 10:07:18 +0530 India’s renewable energy share in electricity rose to 12.1% in FY24 from 6% in FY15, with industries consuming the most power at 42%, followed by households at 24%. https://www.ibef.org/news/renewables-share-in-electricity-generation-surges-to-12-in-nine-years Thu, 27 Mar 2025 10:05:41 +0530 The Indian SaaS industry is projected to grow from US$ 20 billion currently to US$ 100 billion by 2035, driven by artificial intelligence automation, cloud adoption, and small and medium business adoption. https://www.ibef.org/news/indian-software-as-a-service-saas-market-likely-to-grow-to-rs-8-57-700-crore-us-100-billion-by-2035-says-report Wed, 26 Mar 2025 11:14:54 +0530 The government has mandated BIS certification for hinges under the Hinges (Quality Control) Order, 2025 to curb sub-standard imports and boost domestic production. https://www.ibef.org/news/government-mandates-quality-norms-for-hinges-to-curb-substandard-imports Wed, 26 Mar 2025 11:12:45 +0530 India aims to boost milk production from 239 MMT to 300 MMT in five years, driven by the Rashtriya Gokul Mission, which has increased output by 63.5% since 2014. https://www.ibef.org/news/india-leads-global-milk-production-aims-for-300-million-metric-tons-mmt-in-next-five-years Wed, 26 Mar 2025 11:11:20 +0530 India's defence production has grown at an "extraordinary pace" since the launch of the 'Make in India' initiative, reaching a record US$ 14.80 billion in FY24, according to a fact sheet shared by the Ministry of Defence. https://www.ibef.org/news/65-of-defence-gear-made-in-india-the-russian-army-uses-made-in-bihar-boots Wed, 26 Mar 2025 11:08:14 +0530 According to Bloomberg data, JSW Steel has emerged as the world’s most valuable steelmaker, boasting a market capitalisation of nearly US$ 30.31 billion. https://www.ibef.org/news/jsw-steel-becomes-the-world-s-most-valuable-steelmaker-with-rs-2-59-883-crore-us-30-3-billion-market-capitalisation Wed, 26 Mar 2025 11:05:37 +0530 An online survey of 2,000 couples in India shows wedding venue costs rising to Rs. 6 lakh on average, with 40% spending over Rs. 7.5 lakh and 31% exceeding Rs. 10 lakh. https://www.ibef.org/news/40-of-couples-spend-over-rs-7-5-lakh-us-8-750-on-wedding-venues-online-survey Wed, 26 Mar 2025 11:02:00 +0530 India's tech startups raised US$ 2.5 billion in Q1 FY25, up 8.7% YoY, ranking third globally, with late-stage startups drawing US$ 1.8 billion. https://www.ibef.org/news/india-s-tech-startups-raise-rs-21-395-crore-us-2-5-billion-in-q1-fy25-up-8-7-from-2024 Tue, 25 Mar 2025 10:24:43 +0530 Jobs in India’s Information Technology and Enabled Services (ITeS) sector are expected to grow 20% in 2025, driven by artificial intelligence, cybersecurity, and cloud adoption, with rising gig economy jobs and upskilling demand. https://www.ibef.org/news/jobs-in-india-s-information-technology-and-enabled-services-ites-sector-likely-to-grow-by-20-in-2025-report Tue, 25 Mar 2025 10:22:35 +0530 India’s data centre industry, valued at US$ 10 billion, generated US$ 1.2 billion in FY24, with four operators holding 78% share and profit growth expected to rise by 50-55%. https://www.ibef.org/news/india-s-data-centre-industry-now-worth-rs-85-580-crore-us-10-billion-shows-explosive-growth Tue, 25 Mar 2025 10:20:22 +0530 India's EV insurance demand has surged 16 times in three years, with EV car policies rising from 0.50% in FY23 to 14% in March 2025, reflecting growing adoption. https://www.ibef.org/news/electric-vehicle-ev-insurance-demand-surges-16x-in-just-three-years-delhi-ncr-leads-with-18-3-market-share-report Tue, 25 Mar 2025 10:18:20 +0530 IIT Madras is leading India's eMobility sector with 15 government projects focused on advancing electric vehicles through technology development, safety, policy, and skilling initiatives. https://www.ibef.org/news/iit-madras-takes-the-lead-in-india-s-emobility-with-15-government-projects Tue, 25 Mar 2025 10:16:44 +0530 India’s financial system is more resilient and diverse, with robust NBFIs, strong regulations, and cybersecurity advancements, reinforcing economic growth and financial stability as per the IMF Report. https://www.ibef.org/news/india-s-financial-system-resilient-diverse-international-monetary-fund-imf-report Tue, 25 Mar 2025 10:15:24 +0530 India’s air passenger traffic is set to grow 7% in 2025, driven by airport expansion, rising affordability, and a strong aircraft order book, reinforcing aviation sector growth. https://www.ibef.org/news/india-s-air-passenger-traffic-to-see-7-growth-in-2025-alton-aviation Mon, 24 Mar 2025 10:33:17 +0530 India surpasses one billion tonnes of coal production in FY24, strengthening energy security and self-reliance, with a 1,080 million-tonne target for FY25. https://www.ibef.org/news/india-crosses-one-billion-tonnes-coal-output-prime-minister-mr-narendra-modi-says-proud-moment-for-country Mon, 24 Mar 2025 10:31:38 +0530 India plans to develop four new High-Speed Rail (HSR) corridors by 2035, expanding rail capacity and connectivity, building on the Ahmedabad-Mumbai bullet train project. https://www.ibef.org/news/developed-india-needs-high-speed-rail-passengers-prefer-faster-luxurious-travel-study Mon, 24 Mar 2025 10:28:47 +0530 India leverages Artificial Intelligence in healthcare, with AIIMS and PGIMER as Centres of Excellence, enhancing disease surveillance, Tuberculosis detection, and eSanjeevani consultations nationwide. https://www.ibef.org/news/measures-taken-by-the-government-to-use-artificial-intelligence-ai-in-the-public-health-system Mon, 24 Mar 2025 10:26:29 +0530 India strengthens women’s entrepreneurship with 73,000 plus women-led startups and schemes like Stand-Up India, MUDRA Yojana, and PMKVY, driving economic growth and innovation. https://www.ibef.org/news/multiple-schemes-launched-by-government-to-provide-financial-support-to-women-across-india Mon, 24 Mar 2025 10:24:47 +0530 DP World and Reliance Industries Limited launched a rail-based logistics solution, reducing carbon emissions and enhancing efficiency by shifting petrochemical transport from road to rail. https://www.ibef.org/news/dp-world-reliance-industries-limited-ril-join-hands-for-innovative-rail-solution Mon, 24 Mar 2025 10:22:56 +0530 India’s 5G subscriber base is set to grow 2.65 times to 770 million by 2028, driven by Fixed Wireless Access adoption, rising data consumption, and rapid smartphone penetration. https://www.ibef.org/news/indian-5g-users-to-grow-to-770-million-by-2028-average-data-use-at-40-gigabytes-gb-nokia Fri, 21 Mar 2025 10:36:27 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, highlighted MSMEs' growing role in IT, tourism, and financial services, boosting exports and jobs, with IT services exports expected to reach US$ 450 billion in FY26. https://www.ibef.org/news/india-s-msmes-in-it-sector-to-play-a-key-role-in-achieving-ambitious-rs-38-84-400-crore-us-450-billion-services-export-target-union-minister-of-commerce-and-industry-mr-piyush-goyal Fri, 21 Mar 2025 10:34:16 +0530 India’s Information Technology (IT) industry is set to surpass US$ 300 billion by FY26, with a US$ 1 trillion digital economy by 2030, driven by a deep Science, Technology, Engineering, and Mathematics (STEM) talent pool and tech innovation. https://www.ibef.org/news/india-preferred-partner-in-the-global-tech-ecosystem-president-of-nasscom-mr-rajesh-nambiar Fri, 21 Mar 2025 10:32:50 +0530 India leads in Artificial intelligence (AI) skill penetration and digital innovation, driving global AI advancements through Research & Development, skill development, and a thriving tech ecosystem. https://www.ibef.org/news/india-s-ai-for-all-mantra-backed-by-concrete-action-union-minister-of-state-for-commerce-and-industry-and-electronics-information-technology-mr-jitin-prasada Fri, 21 Mar 2025 10:31:25 +0530 The Department for Promotion of Industry and Internal Trade (DPIIT) and Kyndryl partner to boost India’s startup ecosystem, leveraging Artificial Intelligence and digital transformation to drive innovation across key industries and global markets. https://www.ibef.org/news/department-for-promotion-of-industry-and-internal-trade-dpiit-and-kyndryl-partner-to-drive-innovation-in-india-s-manufacturing-and-information-technology-it-startup-ecosystem Fri, 21 Mar 2025 10:29:33 +0530 India advances its ethanol blending target to 20% by FY26, achieving 17.98% blending in FY25, driven by policy support and diversified biofuel feedstocks. https://www.ibef.org/news/government-measures-to-increase-ethanol-blending-beyond-20 Fri, 21 Mar 2025 10:28:04 +0530 India's IT and IT-enabled services sector has surpassed US$ 250 billion in revenue, with exports at US$ 200 billion, marking significant growth from US$ 20 million in FY93. https://www.ibef.org/news/it-ites-revenue-over-rs-21-56-500-crore-us-250-billion-exports-account-for-rs-17-25-200-crore-us-200-billion-stpi-dg Thu, 20 Mar 2025 10:31:49 +0530 India expands telecom connectivity under Digital Bharat Nidhi (DBN) with 4G, 5G, and BharatNet projects, ensuring faster digital inclusion across remote areas. https://www.ibef.org/news/government-steps-to-increase-5g-connectivity-in-the-country Thu, 20 Mar 2025 10:29:23 +0530 India’s online gaming sector is set to double, reaching US$ 9.1 billion by 2029, driven by the dominance of Real Money Gaming, rising Foreign Direct Investment, and a rapidly growing gamer base. https://www.ibef.org/news/india-s-online-gaming-sector-may-cross-rs-77-688-crore-us-9-billion-by-2029-report Thu, 20 Mar 2025 10:27:43 +0530 The fourth National Sagarmala Apex Committee meeting reviewed port-led development, with 839 projects worth US$ 67.12 billion under implementation and 272 completed at US$ 16.35 billion investment. https://www.ibef.org/news/government-plans-sagarmala-2-0-with-new-funding-to-bridge-infrastructure-gaps-union-minister-of-ports-shipping-and-waterways-mr-sarbananda-sonowal Thu, 20 Mar 2025 10:25:53 +0530 India’s Unified Logistics Interface Platform (ULIP) surpasses 100 crore Application Programming Interface (API) transactions, enhancing real-time tracking, automation, and supply chain efficiency under the National Logistics Policy (NLP). https://www.ibef.org/news/unified-logistics-interface-platform-ulip-surpasses-100-crore-application-programming-interface-api-transactions-enabling-seamless-smart-and-sustainable-logistics Thu, 20 Mar 2025 10:24:10 +0530 India approves a six-lane high-speed highway from Jawaharlal Nehru Port Authority (JNPA) Port to Chowk (29.2 kilometer) under the PM GatiShakti plan, enhancing logistics, trade, and regional connectivity. https://www.ibef.org/news/cabinet-approves-six-lane-highway-project-connecting-jawaharlal-nehru-port-authority-jnpa-at-rs-4-500-crore-us-521-31-million Thu, 20 Mar 2025 10:21:20 +0530 India’s solar cell and module imports declined by 20% and 57%, respectively, in 2024-25, driven by the Production-Linked Incentive (PLI) scheme and domestic manufacturing expansion, strengthening self-reliance. https://www.ibef.org/news/india-s-solar-cell-and-module-imports-decline-by-20-and-57-in-first-eight-months-of-fy25-report Wed, 19 Mar 2025 10:44:46 +0530 India’s real estate investments surged 88% YoY to US$ 3 billion in H2 FY24, led by office, industrial, and logistics sectors, with strong foreign inflows. https://www.ibef.org/news/india-s-real-estate-continues-to-boom-in-the-asia-pacific-apac-region-as-investments-surge-88-in-h2-fy24 Wed, 19 Mar 2025 10:42:26 +0530 India’s motorcycle parts exports grew 27.09% in three years, driven by the Production-Linked Incentive scheme, reaching US$ 709.22 million in April-January of FY25 from US$ 558.05 million in FY22. https://www.ibef.org/news/india-s-motorcycle-parts-exports-surge-imports-decline-as-domestic-industry-grows-stronger-due-to-pli-scheme Wed, 19 Mar 2025 10:40:51 +0530 Indore will launch India’s first green waste processing plant under the Public-Private Partnership model, converting waste into eco-friendly products and supporting clean energy and sustainability. https://www.ibef.org/news/indore-to-set-up-india-s-first-public-private-partnership-ppp-green-waste-processing-plant Wed, 19 Mar 2025 10:39:08 +0530 India boosts Vigyan Dhara funding to US$ 164.63 million for FY26, advancing scientific research, innovation, and global leadership in technology under Viksit Bharat 2047. https://www.ibef.org/news/vigyan-dhara-a-catalyst-for-india-s-scientific-progress Wed, 19 Mar 2025 10:36:25 +0530 Mercedes-Benz India achieved its best-ever sales in 2024, growing 12.4% YoY to 19,565 units, with Maybach sales rising 145%, positioning India to enter the top five global markets for Mercedes-Maybach. https://www.ibef.org/news/india-may-feature-among-the-top-five-markets-for-mercedes-maybach-soon Wed, 19 Mar 2025 10:34:25 +0530 Indian TV broadcasters' operating margins are set to rise 300 basis points to 15% by FY27, driven by digital growth and improved content monetisation, as per Crisil Ratings. https://www.ibef.org/news/tv-broadcasters-margins-set-to-expand-300-basis-points-to-15-by-fy27-driven-by-digital-growth-crisil Tue, 18 Mar 2025 09:52:25 +0530 India and New Zealand signed a defence and security pact, enhancing ties in trade, defence, education, and agriculture while promoting a free and secure Indo-Pacific. https://www.ibef.org/news/india-new-zealand-sign-major-pact-to-boost-defence-security-ties Tue, 18 Mar 2025 09:50:28 +0530 The Ministry of Culture's Global Engagement Scheme promotes India's heritage globally through festivals, cultural exchanges, and financial aid for veteran artists. https://www.ibef.org/news/global-engagement-scheme-to-promote-indian-art-and-culture Tue, 18 Mar 2025 09:49:10 +0530 The Ministry of Statistics and Programme Implementation’s (MoSPI) initiatives aim to strengthen India's National Statistical System, enhance data quality, and support ‘Viksit Bharat’ by 2047 through digital platforms and statistical strengthening. https://www.ibef.org/news/efforts-to-make-viksit-bharat-by-2047 Tue, 18 Mar 2025 09:47:30 +0530 Apple begins exporting made-in-India AirPods from its Foxconn Hyderabad facility, advancing its strategy to reduce reliance on China and boost India's manufacturing prowess. https://www.ibef.org/news/apple-to-export-made-in-india-airpods-to-the-united-states-europe-from-april Tue, 18 Mar 2025 09:45:42 +0530 Airtel Payments Bank hit one billion transactions in January 2025, driven by digital banking adoption, Unified Payments Interface (UPI) growth, and its ‘Safe Second Account’ feature. https://www.ibef.org/news/airtel-payments-bank-crosses-the-one-billion-transaction-mark-in-january-2025 Tue, 18 Mar 2025 09:44:26 +0530 India’s mobile phone exports reached US$ 21 billion in 11 months of FY25, surpassing projections and marking a 54% rise over the same period in FY24. https://www.ibef.org/news/smartphone-exports-beat-estimates-cross-rs-1-82-448-crore-us-21-billion-in-fy25-so-far Mon, 17 Mar 2025 11:36:47 +0530 Morgan Stanley reports India's rising global economic influence, driven by strong consumption, energy transition, manufacturing growth, and policy support, forecasting 6.3% GDP growth in FY25 and 6.5% in FY26. https://www.ibef.org/news/india-set-to-become-world-s-most-sought-after-consumer-market-morgan-stanley Mon, 17 Mar 2025 11:35:02 +0530 Union Minister of Commerce and Industry, Mr. Piyush Goyal, praised exporters' optimism and assured industry bodies of the Government's efforts to strengthen India's export sector amid global challenges. https://www.ibef.org/news/government-to-assist-exporters-overcome-global-challenges-union-minister-of-commerce-and-industry-mr-piyush-goyal Mon, 17 Mar 2025 11:32:01 +0530 India’s PM Surya Ghar: Muft Bijli Yojana has solar powered 10 lakh homes, with US$ 546.96 million in subsidies disbursed to 6.13 lakh beneficiaries, boosting rooftop solar adoption. https://www.ibef.org/news/pm-surya-ghar-india-s-solar-revolution Mon, 17 Mar 2025 11:28:28 +0530 India’s seaweed farming sector is projected to grow from US$ 23.02 million to US$ 377.19 million in a decade, benefiting 1.6 million people and expanding farmer participation tenfold. https://www.ibef.org/news/india-s-seaweed-industry-to-hit-rs-3-277-crore-us-377-19-million-in-10-years-needs-policy-push Mon, 17 Mar 2025 11:25:55 +0530 India achieved a major space milestone as ISRO completed the de-docking of its Space Docking Experiment (SpaDeX) satellites, advancing the country's expertise in spacecraft docking. https://www.ibef.org/news/isro-s-spadex-success-strengthens-india-s-path-to-chandrayaan-4-and-human-spaceflight Mon, 17 Mar 2025 11:22:45 +0530 According to government data, India’s retail inflation fell to a seven-month low of 3.61% in February 2025, dropping below RBI’s 4% target as food prices eased. https://www.ibef.org/news/india-s-retail-inflation-eases-to-seven-month-low-of-3-61-in-february Thu, 13 Mar 2025 10:08:11 +0530 India is set to receive over Rs. 52,32,600 crore (US$ 600 billion) in alternative investments in three years, boosting startups, innovation, and entrepreneurship, experts said at an IMT event. https://www.ibef.org/news/india-to-see-rs-52-32-600-crore-us-600-billion-in-investments-over-next-three-years-for-startups-experts Thu, 13 Mar 2025 10:05:23 +0530 Prime Minister Mr. Narendra Modi and Prime Minister of Mauritius Navinchandra Ramgoolam held productive talks, reaffirming their unique ties and strengthening the Comprehensive Strategic Partnership for mutual and regional benefit. https://www.ibef.org/news/india-mauritius-joint-vision-for-an-enhanced-strategic-partnership Thu, 13 Mar 2025 10:02:47 +0530 India’s real estate sector is booming, with US$ 7.15 billion invested in land acquisitions over the past year, covering 2,335 acres across 23 cities for 194 million sq. ft of developments. https://www.ibef.org/news/surging-land-acquisitions-across-india-to-fuel-massive-investment-in-development Thu, 13 Mar 2025 10:01:13 +0530 Quick commerce now dominates 70%-75% of e-grocery orders, doubling from 2022, driven by strong execution, higher incomes, a wider product range, and growing demand for convenience, per Bain & Company. https://www.ibef.org/news/quick-commerce-accounts-for-70-75-of-total-e-grocery-orders-in-india-up-from-35-in-2022 Thu, 13 Mar 2025 09:59:26 +0530 India's industrial production grew 5.0% in January 2025, up from 3.2% in December, driven by manufacturing (5.5%), mining (4.4%), and electricity (2.4%), with strong gains in metals and electrical equipment. https://www.ibef.org/news/india-s-index-of-industrial-production-records-growth-of-5-0-in-january-2025 Thu, 13 Mar 2025 09:57:10 +0530 India’s venture capital funding surged 43% YoY to US$ 13.7 billion in 2024, with deal activity up 45%, solidifying its position as Asia-Pacific’s second-largest market. https://www.ibef.org/news/india-s-venture-capital-funding-rises-43-to-rs-1-19-437-crore-us-13-7-billion-in-2024 Wed, 12 Mar 2025 10:26:23 +0530 Prime Minister Mr. Narendra Modi received Mauritius' highest civilian honour, Grand Commander of the Order of the Star and Key of the Indian Ocean (GCSK), reinforcing strong India-Mauritius ties and his global diplomatic recognition. https://www.ibef.org/news/prime-minister-mr-narendra-modi-receives-mauritius-s-highest-honour-first-indian-to-get-award Wed, 12 Mar 2025 10:25:22 +0530 India’s Net Employment Outlook for Q2 2025 stands at 43%, leading globally, driven by strong hiring in Information Technology, healthcare, and industrial sectors. https://www.ibef.org/news/india-s-employment-outlook-rises-43-in-q2-2025-manpowergroup-survey Wed, 12 Mar 2025 10:23:37 +0530 India’s data centre capacity is set to nearly double to 2,000 plus megawatts by 2027, driven by Artificial Intelligence, 5G, cloud adoption, and data localisation initiatives. https://www.ibef.org/news/india-s-data-centre-capacity-to-grow-to-2-000-2-100-megawatts-mw-by-march-2027-icra Wed, 12 Mar 2025 10:21:41 +0530 Biosimilars — nearly identical and more affordable alternatives to biologics — can significantly lower treatment costs by 50–75%. https://www.ibef.org/news/a-booster-shot-biosimilars-can-greatly-reduce-india-s-healthcare-costs Wed, 12 Mar 2025 10:19:57 +0530 India ranked 11th in global pharmaceutical exports in 2023, contributing 3%, while regulators have intensified quality checks, inspected 905 units, and taken 694 enforcement actions since December 2022. https://www.ibef.org/news/indian-pharmaceutical-exports-ranked-11th-globally-in-value-terms-in-the-year-2023-and-accounted-for-3-of-the-total-pharmaceutical-exports Wed, 12 Mar 2025 10:18:06 +0530 Over 30.68 crore unorganised workers have registered on the e-Shram portal, launched by the Ministry of Labour and Employment, with 53.68% being female workers. https://www.ibef.org/news/over-30-68-crore-unorganised-workers-registered-on-e-shram-portal-women-constitute-53-68-of-registrations Tue, 11 Mar 2025 09:58:29 +0530 India is advancing self-reliance in aviation with a Special Purpose Vehicle to manufacture regional transport aircraft, backed by policies supporting design, production, and maintenance. https://www.ibef.org/news/india-eyes-production-of-homegrown-planes-government-to-set-up-special-purpose-vehicle-for-making-regional-transport-aircraft Tue, 11 Mar 2025 09:56:12 +0530 India has imposed an anti-dumping duty of up to US$ 986 per tonne on a water treatment chemical from China and Japan for five years to protect domestic industry. https://www.ibef.org/news/india-slaps-anti-dumping-duty-on-water-treatment-chemical-from-china-japan Tue, 11 Mar 2025 09:54:30 +0530 India’s healthcare sector attracted US$ 30 billion in investments over two years, driven by mergers, private equity, and foreign direct investments, strengthening industry growth. https://www.ibef.org/news/healthcare-clocked-rs-2-61-900-crore-us-30-billion-investment-in-two-years-says-report Tue, 11 Mar 2025 09:52:25 +0530 Chhattisgarh secured energy sector investment proposals worth Rs. 3,00,000 crore (US$ 34.36 billion) at an investors' summit, covering nuclear, thermal, solar, and pumped storage projects. https://www.ibef.org/news/energy-investors-summit-chhattisgarh-gets-investment-proposals-of-rs-3-00-000-crore-us-34-36-billion Tue, 11 Mar 2025 09:49:04 +0530 AI is driving Industry 5.0 by blending human intelligence with automation, making manufacturing more agile, adaptive, and sustainable beyond traditional automation. https://www.ibef.org/news/industry-5-0-ai-and-india-schneider-electric-s-ms-barbara-frei-on-making-factories-smarter Tue, 11 Mar 2025 09:46:28 +0530 India’s housing finance market is set to double to US$ 928 billion in five years, driven by strong structural growth, government incentives, and rising home demand. https://www.ibef.org/news/housing-finance-market-may-double-to-rs-81-00-000-crore-us-928-billion-in-five-years Mon, 10 Mar 2025 10:47:45 +0530 India's semiconductor industry aims for a US$ 40 billion market by 2030, focusing on supply chain growth, workforce expansion, and global partnerships. https://www.ibef.org/news/india-s-semiconductor-industry-has-the-potential-to-grow-to-rs-3-47-800-crore-us-40-billion-by-2030-india-electronics-and-semiconductor-association-iesa Mon, 10 Mar 2025 10:46:26 +0530 Union Minister for External Affairs, Dr. S. Jaishankar, highlighted India’s strategic autonomy, strong US ties, trade focus, Free Trade Agreement (FTA) progress, and Quadrilateral Security Dialogue (Quad) cooperation. https://www.ibef.org/news/multipolar-world-benefits-india-strengthens-global-ties-union-minister-for-external-affairs-dr-s-jaishankar Mon, 10 Mar 2025 10:45:27 +0530 India plans to expand Digital Banking Units (DBUs) to 200 by FY26, boosting financial inclusion, digital access, and integration with key government schemes. https://www.ibef.org/news/to-boost-financial-inclusion-government-looks-to-double-digital-banking-units-expand-their-offerings Mon, 10 Mar 2025 10:44:07 +0530 Maharashtra leads India in Foreign Direct Investment (FDI) with US$ 16.04 billion in nine months of FY25, showcasing strong investor confidence and industrial growth. https://www.ibef.org/news/maharashtra-received-record-foreign-direct-investment-in-just-nine-months-of-fy25-maharashtra-chief-minister-mr-devendra-fadnavis Mon, 10 Mar 2025 10:42:10 +0530 DPIIT and Mercedes-Benz India signed a Memorandum of Understanding to boost manufacturing, road safety, and sustainability, supporting startups and fostering industry-academia collaboration for innovation. https://www.ibef.org/news/the-department-for-promotion-of-industry-and-internal-trade-dpiit-and-mercedes-benz-india-join-forces-to-drive-innovation-sustainability-and-road-safety Mon, 10 Mar 2025 10:40:33 +0530 India's hiring grew 10% YoY in February 2025, driven by fresher recruitment, skills-based hiring, and Information Technology (IT) sector demand, while Tier 2 cities emerged as key hiring hubs. https://www.ibef.org/news/month-over-month-hiring-in-february-2025-sees-a-growth-of-10-report Fri, 07 Mar 2025 09:45:11 +0530 IndiaAI Mission 2024, with a US$ 1.18 billion budget, aims to develop Artificial Intelligence (AI) infrastructure, indigenous Graphics Processing Units, and AI-driven Digital Public Infrastructure for national growth. https://www.ibef.org/news/india-s-artificial-intelligence-ai-revolution Fri, 07 Mar 2025 09:43:00 +0530 India’s Alternative Investment Funds (AIFs) reached US$ 149.25 billion in commitments by December 2024, driven by private credit, Information Technology, financial services, and High-Net-Worth Individuals. https://www.ibef.org/news/alternative-investment-funds-aif-commitments-top-rs-13-00-000-crore-us-149-25-billion-as-high-net-worth-individuals-hnis-prefer-diversification Fri, 07 Mar 2025 09:39:41 +0530 The Centre for Trade and Investment Law hosted an international conference at NALSAR University on industrial policy, Production Linked Incentive (PLI) schemes, and global trade competitiveness, featuring experts from the World Trade Organization and World Trade Institute. https://www.ibef.org/news/international-conference-focuses-on-the-role-of-production-linked-incentive-pli-schemes-india-s-green-transition-and-inclusive-sustainability-in-shaping-india-s-industrial-policy Fri, 07 Mar 2025 09:37:41 +0530 Uniqode’s report says 62% of businesses expect higher 2025 sales via QR codes, with 90% adoption growth and 95% using them for first-party data. https://www.ibef.org/news/62-of-businesses-expect-qr-code-focused-initiatives-to-spur-revenue-growth-uniqode-report Fri, 07 Mar 2025 09:35:59 +0530 Mahindra & Mahindra (M&M) is the only global automobile manufacturer in the top 1% of the Standard & Poor’s (S&P) Global 2025 Sustainability Yearbook, excelling in Environmental, Social, and Governance (ESG) performance. https://www.ibef.org/news/mahindra-mahindra-m-m-ranks-in-top-1-of-standard-poor-s-s-p-global-s-corporate-sustainability-assessment Fri, 07 Mar 2025 09:34:37 +0530 In 2024, 42% of 4.6 lakh homes sold in India's top seven cities were newly launched projects, up from 26% in 2019, driven by higher return on investment, according to Anarock. https://www.ibef.org/news/42-of-4-6-lakh-homes-sold-in-top-indian-cities-were-fresh-launches-in-2024 Thu, 06 Mar 2025 09:32:35 +0530 India’s services sector surged in February 2025, with the HSBC India Services Purchasing Managers' Index (PMI) rising to 59, driven by strong domestic and global demand and job growth. https://www.ibef.org/news/boost-in-domestic-international-demand-drives-growth-in-services-purchasing-managers-index-pmi-in-february Thu, 06 Mar 2025 09:31:06 +0530 India targets 70% female workforce participation by 2047, with efforts in Science, Technology, Engineering, and Mathematics (STEM), entrepreneurship, and inclusive policies to drive economic growth, said Secretary of the Ministry of Labour and Employment, Ms. Sumita Dawra. https://www.ibef.org/news/achieving-70-female-workforce-participation-by-2047-crucial-for-viksit-bharat-secretary-ministry-of-labour-and-employment-ms-sumita-dawra Thu, 06 Mar 2025 09:29:06 +0530 India’s housing finance market is set to grow at a 15-16% compound annual growth rate, reaching up to US$ 932.3 billion by 2029-30, driven by strong demand and policy support. https://www.ibef.org/news/housing-finance-market-to-grow-at-15-16-compounded-annual-growth-rate-cagr-through-2029-30-careedge Thu, 06 Mar 2025 09:27:04 +0530 India ranks fourth globally in High net worth individuals, with 85,698 individuals holding at least US$ 1 million in investable assets. https://www.ibef.org/news/india-ranks-fourth-globally-with-85-698-super-rich-behind-the-united-states-china-and-japan Thu, 06 Mar 2025 09:25:29 +0530 Indian Railway Finance Corporation (IRFC), now India's third-largest government Non-Banking Financial Company (NBFC), finances 80% of Indian Railways’ rolling stock and expands into power, mining, and infrastructure. https://www.ibef.org/news/with-a-revenue-of-over-rs-26-600-crore-us-306-1-million-indian-railway-finance-corporation-irfc-becomes-india-s-third-largest-government-non-banking-financial-company-nbfc Thu, 06 Mar 2025 09:23:37 +0530 Indian diaspora investments in GIFT City funds have exceeded US$ 7 billion, with NRIs investing US$ 1.5 billion in banking products amid record US$ 129 billion remittances in 2024. https://www.ibef.org/news/investments-from-indian-diaspora-in-gift-city-funds-surpass-rs-60-998-crore-us-7-billion-ifsca Wed, 05 Mar 2025 10:39:11 +0530 India is emerging as a global growth hub, with Prime Minister Mr. Narendra Modi highlighting economic resilience, structural reforms, Micro, Small, and Medium Enterprises (MSME) support, and policy consistency driving investment and innovation. https://www.ibef.org/news/india-s-stability-fuels-global-growth-says-prime-minister-mr-narendra-modi-in-post-budget-webinar Wed, 05 Mar 2025 10:37:13 +0530 The Ministry of Skill Development and Entrepreneurship will train 4.2 million under 19 schemes, fostering a skilled workforce for global demand. https://www.ibef.org/news/4-2-million-to-be-skilled-under-19-schemes-over-five-years Wed, 05 Mar 2025 10:35:07 +0530 India targets self-sufficiency in critical minerals via the National Critical Mineral Mission, with US$ 3.67 billion allocated for lithium exploration. https://www.ibef.org/news/hopeful-that-india-will-be-able-to-meet-demand-for-lithium-internally-in-three-to-four-years-union-minister-of-coal-mines-mr-g-kishan-reddy Wed, 05 Mar 2025 10:32:36 +0530 The Securities and Exchange Board of India's income surges 48% to US$ 238.1 million in FY24, driven by robust fees, subscriptions, and investment growth, strengthening market oversight. https://www.ibef.org/news/securities-and-exchange-board-of-india-sebi-income-rises-48-to-rs-2-075-crore-us-238-1-million-in-fy24-driven-by-fees-subscriptions Wed, 05 Mar 2025 10:30:56 +0530 Tata Motors launches India's first hydrogen-powered truck trials, advancing net-zero goals with Hydrogen Internal Combustion Engine and Hydrogen Fuel Cell Electric Vehicle technologies on key freight routes. https://www.ibef.org/news/tata-motors-begins-india-s-first-hydrogen-truck-trials-for-net-zero-goal Wed, 05 Mar 2025 10:26:55 +0530 India’s retail market grew from US$ 400.90 billion in 2014 to US$ 939.80 billion in 2024, with a projected rise to US$ 2.18 trillion by 2034, driven by rising affluence, digital adoption, and evolving consumer behavior. https://www.ibef.org/news/india-s-retail-market-reaches-rs-82-00-000-crore-us-939-8-billion-in-2024-with-continued-growth-expected Tue, 04 Mar 2025 09:25:22 +0530 Prime Minister Mr. Narendra Modi targets India as the third-largest economy by 2047. Union Home Minister and Minister of Cooperation, Mr. Amit Shah, stresses dairy’s role in rural growth and cooperative-driven innovation. https://www.ibef.org/news/prime-minister-mr-narendra-modi-aims-for-india-to-be-the-third-largest-economy-developed-by-2047-union-home-minister-and-minister-of-cooperation-mr-amit-shah Tue, 04 Mar 2025 09:23:06 +0530 India proposes the Cities Coalition for Circularity (C3) at the 12th Regional 3R (Reduce, Reuse, Recycle) and Circular Economy Forum to foster global collaboration on circular economy and resource efficiency. https://www.ibef.org/news/india-bats-for-a-global-platform-to-accelerate-the-adoption-of-a-circular-economy Tue, 04 Mar 2025 09:21:22 +0530 The International Monetary Fund projects India to remain the fastest-growing major economy at 6.5% Gross Domestic Product growth in 2025-26, driven by private investment and macroeconomic stability. https://www.ibef.org/news/india-to-remain-fastest-growing-major-economy-with-6-5-growth-in-fy26-international-monetary-fund-imf Tue, 04 Mar 2025 09:19:28 +0530 Indian startups raised US$ 1.65 billion in February 2025, pushing FY25 funding to US$ 25.4 billion, with major deals, Initial Public Offerings, and acquisitions shaping the ecosystem. https://www.ibef.org/news/indian-startups-raise-rs-14-402-crore-us-1-65-billion-in-february-2025-median-valuation-at-rs-726-crore-us-83-2-million Tue, 04 Mar 2025 09:17:10 +0530 Maharashtra signs Memoranda of Understanding worth US$ 180.1 billion in Foreign Direct Investment at World Economic Forum 2025, driving industry, infrastructure, and job creation. https://www.ibef.org/news/maharashtra-preferred-foreign-direct-investment-fdi-destination-contributes-14-to-gross-domestic-product-gdp-says-governor-of-maharashtra-mr-c-p-radhakrishnan Tue, 04 Mar 2025 09:14:25 +0530 Around 16% of all credit card spending occurs on the RuPay card network, with nearly half of these transactions made via credit on Unified Payments Interface (UPI), according to National Payments Corporation of India (NPCI). https://www.ibef.org/news/16-of-card-spends-happen-on-rupay-half-of-it-on-credit-via-upi-national-payments-corporation-of-india-npci Mon, 03 Mar 2025 11:35:35 +0530 Prime Minister Mr. Narendra Modi said India's “Vocal for Local” campaign drives the global expansion of Indian products, positioning the country as a manufacturing hub beyond just a workforce. https://www.ibef.org/news/india-now-emerging-as-factory-of-world-prime-minister-mr-narendra-modi Mon, 03 Mar 2025 11:32:22 +0530 European Commission President Ms. Ursula von der Leyen called India a "pillar of certainty" for Europe, stressing stronger ties in digital tech, AI, and defence while praising Prime Minister Mr. Narendra Modi’s Paris AI Summit speech. https://www.ibef.org/news/india-is-pillar-of-certainty-for-europe-in-increasingly-uncertain-world-european-commission-president-ms-ursula-von-der-leyen Mon, 03 Mar 2025 11:29:23 +0530 India can outpace China in low-cost tech production if it masters manufacturing efficiency, leveraging its large workforce for a competitive edge, says World Bank Country Director Mr. Auguste Tano Kouame. https://www.ibef.org/news/india-can-produce-and-sell-technology-at-a-lower-cost-than-china-world-bank Mon, 03 Mar 2025 11:26:21 +0530 Indian startup leaders at the BS Manthan summit in New Delhi discussed funding trends, digital commerce growth, and shifting consumer behaviour. https://www.ibef.org/news/bharat-consumer-is-driving-india-s-digital-and-startup-boom-india-inc Mon, 03 Mar 2025 11:23:07 +0530 India’s gem and jewellery sector signed MoUs with Thailand to boost trade, with India accounting for 15% of Thailand’s gem and jewellery imports and ranking among its top 10 suppliers. https://www.ibef.org/news/india-and-thailand-sign-mous-to-boost-gem-and-jewellery-exports Mon, 03 Mar 2025 11:20:29 +0530 India's private consumption doubled to US$ 2.1 trillion in 2024, growing at a 7.2% CAGR, outpacing major economies. https://www.ibef.org/news/india-s-private-consumption-almost-doubles-to-us-2-1-trillion-in-2024-report Fri, 28 Feb 2025 12:01:54 +0530 Union Minister for Commerce and Industry, Mr. Piyush Goyal, urged industry leaders to focus on competitiveness over government support, criticising reliance on subsidies, high import duties, and protectionism for long-term growth. https://www.ibef.org/news/union-minister-for-commerce-and-industry-mr-piyush-goyal-asks-industry-players-to-be-bold-focus-on-turning-competitive Fri, 28 Feb 2025 12:00:17 +0530 India’s pharma sector, the world's top generic drug supplier, grows at a 9% CAGR, outpacing global rates, with Artificial Intelligence-driven advances set to unlock US$ 60 billion - US$ 110 billion. https://www.ibef.org/news/india-pharma-exports-surge-9-outpacing-global-average-says-report Fri, 28 Feb 2025 11:58:35 +0530 AI in healthcare could add US$ 25-30 billion to India’s GDP by 2025, driven by government initiatives ensuring responsible AI use and improved diagnostics, accessibility, and security. https://www.ibef.org/news/ai-in-healthcare-likely-to-contribute-rs-2-61-990-crore-us-30-billion-to-india-s-gdp-by-2025-report Fri, 28 Feb 2025 11:55:54 +0530 India’s organised retail sector, growing at 10% annually, is set to reach US$ 230 billion by 2030, driven by rising incomes, Gen Z influence, easier credit access, and shifting consumer preferences. https://www.ibef.org/news/organised-retail-set-to-reach-rs-20-08-590-crore-us-230-billion-by-2030-deloitte-rai-report Fri, 28 Feb 2025 11:54:08 +0530 A survey by Anarock reveals that 70% of women preferred real estate as an investment in H2 FY24, while stock market investment dropped sharply to 2%. https://www.ibef.org/news/31-women-buy-homes-for-investment-only-2-prefer-stocks-12-pick-gold Fri, 28 Feb 2025 11:51:59 +0530 Housing prices in India’s top eight cities rose 10% YoY in Q4 FY24, with Delhi NCR leading at 31%, driven by sustained demand, especially in luxury and ultra-luxury segments. https://www.ibef.org/news/delhi-ncr-sees-biggest-jump-in-home-prices-at-30-bengaluru-prices-up-23 Thu, 27 Feb 2025 11:34:08 +0530 At the International Business Summit 2025, Union Minister of Commerce and Industry, Mr. Piyush Goyal reaffirmed the Centre's commitment to creating a conducive investment environment, ensuring regulatory stability, and enhancing the Ease of Doing Business in India. https://www.ibef.org/news/government-committed-to-fostering-business-climate-enhance-ease-of-doing-business-union-minister-of-commerce-and-industry-mr-piyush-goyal Thu, 27 Feb 2025 11:31:40 +0530 India’s first ‘Made in India’ semiconductor chip will be ready for production by 2025, marking a major milestone in electronics manufacturing. https://www.ibef.org/news/first-made-in-india-semiconductor-chip-expected-by-2025-union-minister-of-electronics-and-information-technology-mr-ashwini-vaishnaw Thu, 27 Feb 2025 11:28:20 +0530 Rising demand for certified green buildings is reshaping India’s commercial real estate, driven by GCCs and ITeS firms, which account for 50-60% of net office leasing. https://www.ibef.org/news/commercial-real-estate-shifts-to-sustainability-amid-rising-demand Thu, 27 Feb 2025 11:26:45 +0530 India's CRDMO sector is projected to reach US$ 25 billion by 2035, driven by cost advantages, fast project startups, and growing biologics expertise, strengthening its global pharma innovation role. https://www.ibef.org/news/india-s-crdmo-sector-looks-to-expand-looks-to-touch-rs-2-17-125-crore-us-25-billion-by-2035-report Thu, 27 Feb 2025 11:24:09 +0530 The Confederation of Indian Industry (CII) has launched a plan to make India a global logistics hub by fostering collaboration, creating jobs, attracting investments, and driving economic growth. https://www.ibef.org/news/confederation-of-indian-industry-cii-announces-plan-to-make-india-global-logistics-hub-generate-employment Thu, 27 Feb 2025 11:21:17 +0530 India's electronics and electrical industry aims to reach US$ 100 billion in exports in five to seven years, focusing on resilient supply chains and global competitiveness. https://www.ibef.org/news/electronics-electrical-industry-should-aim-for-rs-8-68-700-crore-us-100-billion-exports-union-minister-of-commerce-industry-mr-piyush-goyal Tue, 25 Feb 2025 10:20:45 +0530 India’s tech sector is set to reach US$ 300-350 billion in five years, with over 1.25 lakh start-ups and 110 unicorns driving growth. https://www.ibef.org/news/india-s-technological-sector-is-on-rise-is-expected-to-reach-rs-26-00-400-30-33-800-crore-us-300-350-billion-in-next-five-years-union-minister-of-defence-mr-rajnath-singh-at-16th-foundation-day-of-iit-mandi Tue, 25 Feb 2025 10:18:25 +0530 Prime Minister Mr. Narendra Modi highlighted textiles, tourism, and technology as key growth sectors, emphasizing their job potential and India's strong position in global textile production and exports. https://www.ibef.org/news/textile-tourism-technology-prime-minister-mr-narendra-modi-s-mantra-for-india-s-development Tue, 25 Feb 2025 10:16:06 +0530 Indian Railways will achieve 100% electrification by FY26 and aims for net zero by 2030, with over 97% electrification already completed, says Union Minister of Railways Mr. Ashwini Vaishnaw. https://www.ibef.org/news/railways-will-achieve-100-electrification-in-fy26-ashwini-vaishnaw Tue, 25 Feb 2025 10:13:42 +0530 As per a Nuvama report, India is strengthening its position in the global pharmaceutical CDMO sector while expanding production in fine chemicals, agrochemicals, and specialty chemicals. https://www.ibef.org/news/india-s-chemical-and-pharmaceutical-industry-gains-traction-as-europe-faces-decline-nuvama Tue, 25 Feb 2025 10:11:29 +0530 The Investor Behaviour Index 2025 shows 81% of young Indians invest in stocks, with 45% under 35 choosing it as their primary investment. https://www.ibef.org/news/45-of-young-indians-prefer-stocks-as-primary-investment-choice-survey Tue, 25 Feb 2025 10:10:03 +0530 India’s food processing market will more than double to US$ 700 billion by 2030, driven by rising demand for processed products. https://www.ibef.org/news/indian-food-processing-industry-to-reach-rs-60-65-500-crore-us-700-billion-by-2030-phd-chamber-of-commerce-and-industry-phdcci Mon, 24 Feb 2025 10:00:40 +0530 Rothschild & Co. sees India as a key pillar of its global advisory business, surpassing Southeast Asia in mergers and acquisitions, private equity, and private credit. https://www.ibef.org/news/india-overtakes-southeast-asia-in-deal-making-says-rothschild-co Mon, 24 Feb 2025 09:58:54 +0530 India’s ports sector will add 500-550 Million Tonnes Per Annum capacity by FY28, driven by petroleum, coal, and container cargo growth. https://www.ibef.org/news/india-s-ports-sector-set-for-major-growth-with-500-550-million-tonnes-per-annum-mtpa-capacity-expansion-annually-by-fy28 Mon, 24 Feb 2025 09:57:25 +0530 India-United Kingdom strengthens collaboration in 6G, Artificial Intelligence, and space technology through high-level telecom discussions and strategic agreements. https://www.ibef.org/news/india-expands-collaboration-with-united-kingdom-uk-in-key-areas-of-telecommunications-artificial-intelligence-ai-and-emerging-technologies Mon, 24 Feb 2025 09:55:40 +0530 Department of Biotechnology drives North East Region bioeconomic growth by integrating biotechnology, biodiversity conservation, and rural entrepreneurship, fostering research, education, and innovation. https://www.ibef.org/news/biodiversity-to-bioeconomy Mon, 24 Feb 2025 09:53:10 +0530 Adani Group has announced an investment of US$ 3.46 billion in Kerala over the next five years, focusing on infrastructure, logistics, and manufacturing expansion. https://www.ibef.org/news/adani-group-plans-to-invest-rs-30-000-crore-us-3-46-billion-in-kerala-in-the-next-five-years Mon, 24 Feb 2025 09:50:34 +0530 Non-resident Indian deposit inflows jumped 42.8% to US$ 13.33 billion, signaling strong overseas confidence in Indian banking. https://www.ibef.org/news/flows-in-non-resident-indian-nri-deposits-up-43-to-rs-1-15-477-crore-us-13-33-billion-in-april-december-2024-reserve-bank-of-india-rbi Fri, 21 Feb 2025 09:57:41 +0530 Indian auto component firms to invest US$ 3.46 billion in FY26 for expansion, electric vehicle parts, and tech upgrades, says ICRA. https://www.ibef.org/news/major-auto-component-firms-to-invest-up-to-rs-30-000-crore-us-3-46-billion-next-fiscal-icra Fri, 21 Feb 2025 09:55:07 +0530 India’s e-commerce market will hit US$ 550 billion by 2035, fueled by Tier II & III demand. Meanwhile, mall space sees record absorption amid rising retail expansion. https://www.ibef.org/news/india-s-e-commerce-to-reach-rs-47-64-650-crore-us-550-billion-by-2035-driven-by-tier-ii-iii-demand Fri, 21 Feb 2025 09:53:18 +0530 India’s Contract Research, Development, and Manufacturing Organization industry is set to double to US$ 14 billion by 2028, driven by pharma outsourcing, regulatory support, and global supply chain shifts. https://www.ibef.org/news/india-becoming-an-attractive-option-for-global-pharmaceutical-supply-chain-macquarie-report Fri, 21 Feb 2025 09:51:30 +0530 India’s beer giants—United Breweries, AB InBev, and Carlsberg—plan US$ 404 million in 2025, marking their biggest capex in over a decade, driven by rising demand and favorable demographics. https://www.ibef.org/news/top-brewers-to-go-on-a-decadal-binge-spend-rs-3-500-crore-us-404-million-in-capex Fri, 21 Feb 2025 09:49:20 +0530 Chennai is rapidly growing as a hub for banking, financial services, insurance, life sciences, Global Capability Centres, and data centers, driven by strong leasing demand and a skilled workforce. https://www.ibef.org/news/chennai-s-office-stock-set-to-exceed-100-million-square-feet-by-2026-end Fri, 21 Feb 2025 09:45:18 +0530 India's mobile exports soar 50% to US$ 17.27 billion, driven by Apple's iPhone boom and Production-Linked Incentives, cementing India's rise as a global manufacturing powerhouse. https://www.ibef.org/news/india-s-mobile-phone-exports-surge-50-driven-by-record-iphone-production Thu, 20 Feb 2025 10:37:04 +0530 India is surpassing climate targets with 100 Gigawatts of solar, 47% non-fossil fuel power, and a 36% drop in Gross Domestic Product emission intensity. https://www.ibef.org/news/india-surpassing-key-climate-goals-can-grow-faster-with-clean-energy-united-nations-framework-convention-on-climate-change-unfccc Thu, 20 Feb 2025 10:35:40 +0530 India’s e-recycling sector is set to grow at a 13.52% CAGR, reaching US$ 198.52 million by 2032, with a strong reverse logistics network crucial for expansion. https://www.ibef.org/news/e-recycling-sector-to-reach-rs-1-726-33-crore-us-198-52-million-by-2032-at-cagr-of-13-52-india-ratings-and-research-ind-ra Thu, 20 Feb 2025 10:34:16 +0530 India’s textile sector is set for growth with strong demand, policy support, and competitive advantages. https://www.ibef.org/news/demand-outlook-remains-strong-for-indian-textile-sector-report Thu, 20 Feb 2025 10:32:32 +0530 India’s salary increments will rise 9.2% in 2025, driven by stable economic prospects, industry trends, and workforce adaptability. https://www.ibef.org/news/amid-global-uncertainty-salaries-in-india-to-rise-by-9-2-in-2025-aon Thu, 20 Feb 2025 10:30:31 +0530 Mumbai emerges as India’s top value-generating city with US$ 1.77 trillion, while Maharashtra leads among states in the 2024 Burgundy Private Hurun India 500. https://www.ibef.org/news/mumbai-is-the-top-value-generator-among-indian-cities-with-rs-1-54-54-720-crore-us-1-77-trillion-bengaluru-delhi-next-finds-hurun-full-list Thu, 20 Feb 2025 10:27:38 +0530 India's top 10 most valuable companies have surged to a combined value of US$ 1.1 trillion, surpassing Saudi Arabia's Gross Domestic Product, driven by stellar performances from companies like Bharti Airtel, National Stock Exchange, and Tata Consultancy Services. https://www.ibef.org/news/india-s-top-10-firms-valued-at-rs-95-64-500-crore-us-1-1-trillion-surpass-saudi-arabia-s-gross-domestic-product-gdp Wed, 19 Feb 2025 10:06:22 +0530 India's insurance sector is rapidly expanding, expected to reach US$ 222 billion by 2026, driven by regulatory support, awareness, and foreign investment. https://www.ibef.org/news/india-s-insurance-market-poised-to-reach-rs-19-30-290-crore-us-222-billion-by-2026-growing-at-17-compounded-annual-growth-rate-cagr-report Wed, 19 Feb 2025 10:04:56 +0530 India and the United States aim to boost bilateral trade to US$ 500 billion by 2030, with a key trade agreement set for negotiation in the next six to eight months. https://www.ibef.org/news/india-the-united-states-committed-to-boosting-trade-to-rs-43-47-500-crore-us-500-billion-by-2030-union-minister-of-commerce-and-industry-mr-piyush-goyal Wed, 19 Feb 2025 10:03:24 +0530 India's defence budget increases by 9.5% to US$ 78.32 billion, boosting modernisation, domestic procurement, and industry growth, with Foreign Direct Investment reforms and F-35 talks underway. https://www.ibef.org/news/defence-budget-will-go-up-by-9-5-to-rs-6-81-000-crore-us-78-32-billion-in-2025-26-defence-secretary-mr-rajesh-kumar-singh Wed, 19 Feb 2025 10:00:51 +0530 Union Minister of Power and Housing and Urban Affairs, Mr. Manohar Lal, highlights India's shift to renewable energy, solar rooftops, and sustainable metro systems for a greener future. https://www.ibef.org/news/use-of-renewable-energy-solar-rooftops-exemplify-shift-towards-greener-future-union-minister-of-power-and-housing-and-urban-affairs-mr-manohar-lal Wed, 19 Feb 2025 09:59:18 +0530 ICRA projects India's Gross Domestic Product growth at 6.4% in Q3 FY25, driven by increased government spending and improved investment activity. https://www.ibef.org/news/economy-projected-to-grow-6-4-in-q3-fy25-as-government-spending-increases-icra Wed, 19 Feb 2025 09:57:19 +0530 India's smartphone exports reached a record US$ 17.84 billion in April-January, driven by the Public-Linked Incentive scheme, with Apple and Foxconn leading the way. https://www.ibef.org/news/boosted-by-the-public-linked-incentive-pli-scheme-india-s-smartphone-exports-hit-record-rs-1-50-000-crore-us-17-27-billion Tue, 18 Feb 2025 09:34:24 +0530 India's aerospace sector soars as global giants boost sourcing, propelling local firms toward a 10% global market share by 2033. https://www.ibef.org/news/global-aerospace-firms-turn-to-india-amid-western-supply-chain-crisis Tue, 18 Feb 2025 09:32:28 +0530 Indian manufacturers are elevating quality standards, with automotive and chemicals sectors leading the charge, aiming to meet global certifications and position India as a competitive manufacturing hub. https://www.ibef.org/news/rise-in-quality-consciousness-among-indian-manufacturers-automotive-and-chemicals-lead-confederation-of-indian-industry-cii-study Tue, 18 Feb 2025 09:30:36 +0530 India has a historic opportunity to achieve energy independence, driven by solar power, electric mobility, and its inherent cost advantages in wind and solar energy, says the CEO of Essar Group, Mr. Prashant Ruia. https://www.ibef.org/news/india-s-path-to-energy-independence-harnessing-solar-power-and-electric-mobility-says-mr-prashant-ruia Tue, 18 Feb 2025 09:29:13 +0530 Reliance Industries ranked second place globally on the FutureBrand Index 2024, ahead of brands like Apple and Nike, showcasing its strong brand purpose and exceptional experience. https://www.ibef.org/news/reliance-industries-ltd-ranks-second-globally-in-futurebrand-index-2024-ahead-of-apple Tue, 18 Feb 2025 09:27:35 +0530 Co-working operators rented out a record 2.24 lakh seats in 2024, fuelled by growing demand for flexible office spaces from corporates. https://www.ibef.org/news/co-working-operators-rent-out-2-24-000-seats-to-firms-across-eight-cities-cushman-wakefield Tue, 18 Feb 2025 09:24:12 +0530 Hiring for white-collar jobs in India surged by 32% YoY in January 2025, driven by sectors like semiconductors and manufacturing, with green jobs up 41% due to clean energy growth. https://www.ibef.org/news/hiring-for-white-collar-jobs-surges-32-in-january-green-jobs-see-41-growth Mon, 17 Feb 2025 10:56:36 +0530 Prime Minister Mr. Narendra Modi is confident India’s textile sector will surpass the Rs. 9,00,000 crore (US$ 103.72 billion) export target by 2030, with Rs. 500 crore (US$ 57.62 million) allocated for a Cotton Mission. https://www.ibef.org/news/prime-minister-mr-narendra-modi-optimistic-about-achieving-rs-9-00-000-crore-us-103-72-billion-textile-exports-by-2030 Mon, 17 Feb 2025 10:54:34 +0530 Corporate India is expected to see salary hikes of 6%-15% in 2025, up to 40% for critical roles, and more Employee Stock Ownership Plans and incentives. https://www.ibef.org/news/ai-cybersecurity-leadership-roles-will-drive-salaries-up-by-40-in-2025 Mon, 17 Feb 2025 10:52:10 +0530 Industry executives said India’s petrochemical demand is set to stay strong in 2025, driven by EV components, solar panels, and household appliances, even as global consumption lags supply. https://www.ibef.org/news/india-to-remain-bright-spot-for-petchem-demand-in-2025 Mon, 17 Feb 2025 10:50:21 +0530 India's merchandise exports are projected at Rs. 10,81,642 crore (US$ 124.8 billion) in Q4 of FY25, a 3.64% YoY rise, with non-oil exports expected to reach Rs. 9,47,303 crore (US$ 109.3 billion). https://www.ibef.org/news/india-s-merchandise-exports-forecast-to-reach-rs-10-81-642-crore-us-124-8-billion-in-q4fy25-exim-bank Mon, 17 Feb 2025 10:46:48 +0530 India targets boosting bilateral trade with the US to Rs. 43,38,500 crore (US$ 500 billion) by 2030, focusing on technology, defence, and green energy, with streamlined processes and reduced trade barriers. https://www.ibef.org/news/rs-43-38-500-crore-us-500-billion-trade-target-with-us-to-help-boost-india-s-exports-exporters Mon, 17 Feb 2025 10:43:54 +0530 India's sports technology market is set to grow 85% to US$ 5.70 billion by FY29, driven by digital technologies, fantasy sports, and enhanced fan engagement. https://www.ibef.org/news/the-sports-technology-market-may-grow-by-85-to-rs-49-500-crore-us-5-70-billion-in-four-years-federation-of-indian-fantasy-sports-fifs-and-deloitte Fri, 14 Feb 2025 10:29:46 +0530 According to an EY India report, Generative AI could boost productivity in India's retail sector by 35-37% over the next five years, with 48% of businesses already testing AI solutions. https://www.ibef.org/news/genai-could-boost-productivity-in-india-s-retail-industry-by-35-37-in-five-years-ey-india-report Fri, 14 Feb 2025 10:27:41 +0530 On January 25, 2025, India and Indonesia signed a MoU on Traditional Medicine Quality Assurance to enhance global standards, ensuring safety, efficacy, and quality in traditional medicines. https://www.ibef.org/news/collaboration-between-india-and-indonesia-milestone-for-quality-assurance-in-traditional-medicine-union-minister-of-state-for-health-and-family-welfare-mr-prataprao-ganpatrao-jadhav Fri, 14 Feb 2025 10:26:15 +0530 The Department for Promotion of Industry and Internal Trade has partnered with Rukam Capital and Bootstrap Incubation & Advisory Foundation to support India's startup ecosystem with resources, funding, and global expansion initiatives. https://www.ibef.org/news/dpiit-partners-with-rukam-capital-and-bootstrap-incubation-to-boost-india-s-startup-ecosystem Fri, 14 Feb 2025 10:24:31 +0530 Unicommerce is expanding into customer loyalty programmes and ad-tech solutions, building on its core transaction processing services, after acquiring Convertway to enhance customer engagement in the e-commerce value chain. https://www.ibef.org/news/unicommerce-eyes-growth-in-loyalty-programmes-ad-tech-amid-e-commerce-surge Fri, 14 Feb 2025 10:22:48 +0530 India's smartphone exports hit a record US$ 3.14 billion in January 2025, a 140% increase from last year, with total exports projected at US$ 25.92 billion for FY25. https://www.ibef.org/news/january-smartphone-exports-top-full-year-total-of-fy21-shows-data Fri, 14 Feb 2025 10:20:41 +0530 Housing sales in top 15 tier II cities grew by 20% to US$ 17.56 billion in 2024, driven by higher volumes and price appreciation, with Coimbatore seeing the largest sales rise. https://www.ibef.org/news/housing-sales-in-top-15-tier-ii-cities-rise-20-to-rs-1-52-552-crore-us-17-56-billion-propequity Thu, 13 Feb 2025 10:09:32 +0530 Prime Minister Mr. Narendra Modi, at the 14th India-France CEO Forum in Paris, urged global investors to capitalise on India’s rise as a key hub for diversification, highlighting nuclear power goals and strong Indo-French business collaboration. https://www.ibef.org/news/india-is-becoming-the-biggest-hub-for-diversification-and-de-risking-prime-minister-mr-narendra-modi Thu, 13 Feb 2025 10:07:25 +0530 The Department of Telecommunications and the Coalition for Disaster Resilient Infrastructure launched the Disaster Risk and Resilience Assessment Framework to strengthen India's telecom sector against natural disasters. https://www.ibef.org/news/dot-and-cdri-unveil-roadmap-to-strengthen-india-s-telecom-resilience Thu, 13 Feb 2025 10:04:35 +0530 Chief Minister of Andhra Pradesh, Mr. N. Chandrababu Naidu, launched an initiative to boost work-from-home opportunities, focusing on empowering women in STEM fields promoting gender inclusivity and work-life balance. https://www.ibef.org/news/andhra-pradesh-planning-work-from-home-in-a-big-way-says-chief-minister-of-andhra-pradesh-mr-n-chandrababu-naidu Thu, 13 Feb 2025 10:02:40 +0530 India’s beauty and personal care market is booming, with online sales surging 39% between June and November 2024, far outpacing offline growth, as consumers, especially the youth, increasingly prefer digital platforms for shopping. https://www.ibef.org/news/india-you-e-beauty-the-blush-and-glow-of-the-new-billion-dollar-boom Thu, 13 Feb 2025 10:00:23 +0530 Digital channels now account for 62% of student enrolments, with Artificial Intelligence-driven strategies and online platforms revolutionizing how institutions connect with prospective students. https://www.ibef.org/news/digital-channels-drive-62-of-student-enrolments-in-india-report Thu, 13 Feb 2025 09:58:46 +0530 A Microsoft study finds that 65% of Indians use Artificial Intelligence more than double the global average, focusing on efficiency, education, and translation. https://www.ibef.org/news/65-of-indians-used-artificial-intelligence-ai-more-than-double-the-global-average-microsoft-study Wed, 12 Feb 2025 10:41:15 +0530 India is on track to meet its 2030 energy targets by achieving 20% ethanol blending, 500 gigawatts of renewable energy, and enhancing hydrocarbon exploration by October 2025. https://www.ibef.org/news/india-energy-week-iew-2025-india-on-track-to-meet-2030-energy-goals-says-prime-minister-mr-narendra-modi Wed, 12 Feb 2025 10:39:33 +0530 India and France emphasize the importance of equitable access to AI resources, capacity building, and establishing techno-legal frameworks. https://www.ibef.org/news/india-and-france-stress-on-democratised-access-to-artificial-intelligence-ai-at-the-paris-summit Wed, 12 Feb 2025 10:37:30 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, aims for one million government-registered startups by 2033, building on the Startup India initiative and fostering Israel-India investment. https://www.ibef.org/news/hoping-to-increase-government-registered-startups-to-one-million-in-10-years-union-minister-of-commerce-industry-mr-piyush-goyal Wed, 12 Feb 2025 10:34:57 +0530 OYO invests US$ 10 million in G6 Hospitality’s digital growth, targeting 150 hotel additions in 2025 and a 4X boost in app installs. https://www.ibef.org/news/oyo-to-invest-rs-86-69-crore-us-10-million-in-united-states-us-based-g6-hospitality-s-digital-assets Wed, 12 Feb 2025 10:32:49 +0530 IIT Madras and the Indian Space Research Organisation developed and successfully booted the indigenous RISCV Controller for Space Application semiconductor chip, advancing India's 'Atmanirbhar Bharat' in space and technology. https://www.ibef.org/news/indian-institute-of-technology-iit-madras-indian-space-research-organisation-isro-develop-semiconductor-chip-to-address-rising-space-needs Wed, 12 Feb 2025 10:28:49 +0530 India’s organised hotel industry will exceed 3,00,000 rooms by 2029, driven by religious tourism, rising disposable income, and infrastructure projects, per Horwath Hotel Tourism and Leisure (HTL). https://www.ibef.org/news/india-s-branded-hotel-rooms-inventory-to-cross-3-00-000-by-2029-report Tue, 11 Feb 2025 09:24:24 +0530 The US$ 100 billion Foreign Direct Investment (FDI) from the India- European Free Trade Association (EFTA) agreement could drive up to US$ 500 billion in investments and create one million jobs. https://www.ibef.org/news/us-100-billion-fdi-commitment-under-trade-pact-with-european-free-trade-association-efta-can-catalyse-us-400-500-billion-investment-union-minister-of-commerce-industry-mr-piyush-goyal Tue, 11 Feb 2025 09:22:42 +0530 AI4India and the Center for Policy Research and Governance (CPRG) will host a key panel at the Artificial Intelligence (AI) Action Summit 2025, discussing AI's impact on development in the Global South. https://www.ibef.org/news/india-s-data-for-development-takes-centre-stage-at-artificial-intelligence-ai-summit-in-paris Tue, 11 Feb 2025 09:21:16 +0530 The government targets US$ 10 billion in technical textile exports by 2025-26 under the US$ 169.2 million National Technical Textiles Mission. https://www.ibef.org/news/india-aims-for-rs-87-450-crore-us-10-billion-worth-of-technical-textile-exports-minister-of-state-for-textiles-mos-mr-pabitra-margherita Tue, 11 Feb 2025 09:19:14 +0530 Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) boosts food processing infrastructure. At the same time, the Agriculture Infrastructure Fund (AIF) supports cold storage to reduce post-harvest losses. https://www.ibef.org/news/boosting-food-processing-and-storage-infrastructure-in-india Tue, 11 Feb 2025 09:17:23 +0530 Generative Artificial Intelligence (GenAI) may boost India's US$ 254 billion Information Technology (IT) industry productivity by 45% in five years, per Ernst & Young (EY) India. https://www.ibef.org/news/generative-artificial-intelligence-genai-to-boost-india-s-information-technology-it-industry-s-productivity-by-up-to-45-ernst-young-ey-india Tue, 11 Feb 2025 09:16:09 +0530 India's pharmaceutical exports are projected to reach US$ 350 billion by 2047, driven by specialty generics, biosimilars, and APIs. https://www.ibef.org/news/india-s-pharmaceutical-exports-set-for-10x-growth-targeting-rs-30-76-500-crore-us-350-billion-by-2047 Mon, 10 Feb 2025 10:54:30 +0530 India's exports are set to hit a record Rs. 70,00,800 crore (US$ 800 billion) in FY25, driven by sustained growth and rising domestic consumption. https://www.ibef.org/news/india-s-exports-likely-to-touch-record-rs-70-00-800-crore-us-800-billion-this-year-union-minister-of-commerce-industry-mr-piyush-goyal Mon, 10 Feb 2025 10:53:13 +0530 RBI cuts the repo rate to 6.25%, prioritizing a 7% GDP growth aspiration while ensuring inflation control and consumer protection. https://www.ibef.org/news/india-can-achieve-a-7-growth-rate-and-should-aspire-for-more-reserve-bank-of-india-rbi-governor-mr-sanjay-malhotra Mon, 10 Feb 2025 10:51:47 +0530 India-France trade has reached US$ 20 billion, mainly in defense and aerospace, and Prime Minister Narendra Modi’s upcoming AI summit visit to France aims to further broaden collaboration. https://www.ibef.org/news/india-france-trade-rose-to-rs-1-75-800-crore-us-20-billion-president-of-the-chambers-of-commerce-and-industry-france-india Mon, 10 Feb 2025 10:49:22 +0530 Amul will set up the world's largest curd plant in Kolkata, West Bengal, with an investment of Rs. 600 crore (US$ 68.6 million), processing 10 lakh kilograms (KG) daily. https://www.ibef.org/news/world-s-largest-curd-plant-coming-to-kolkata-as-amul-invests-rs-600-crore-us-68-6-million Mon, 10 Feb 2025 10:46:40 +0530 Electric vehicle (EV) sales in India rose 19.4% MoM and 17.1% YoY in January, with a 43% compound annual growth rate (CAGR) projected by 2030. https://www.ibef.org/news/electric-vehicle-ev-sales-jump-17-to-169-931-units-in-january-federation-of-automobile-dealers-associations-fada-data Mon, 10 Feb 2025 10:45:00 +0530 India's packaged consumer goods grew 10.6% in Q4, driven by strong rural demand and higher staple prices, with rural markets outpacing urban consumption. https://www.ibef.org/news/fast-moving-consumer-goods-fmcg-sector-grows-10-6-in-december-quarter-nielseniq Fri, 07 Feb 2025 09:49:29 +0530 The budget cuts duties, boosts Micro, Small, and Medium Enterprises (MSMEs), and aims for over Rs. 2,62,000 crore (US$ 30 billion) chemical exports, with Chemical Export Promotion Council (CHEMEXCIL) promoting green chemicals. https://www.ibef.org/news/budget-measures-to-boost-chemical-exports-shipments-to-cross-rs-2-63-000-crore-us-30-billion-this-fiscal-basic-chemicals-cosmetics-dyes-export-promotion-council-chemexcil Fri, 07 Feb 2025 09:47:49 +0530 India ranks third in the U.S. Green Building Council's (USGBC) 2024 Leadership in Energy and Environmental Design (LEED) rankings, with 370 certified projects showcasing its commitment to sustainable building practices. https://www.ibef.org/news/india-retains-third-position-globally-for-leadership-in-energy-and-environmental-design-leed-green-building-certification-in-2024 Fri, 07 Feb 2025 09:46:39 +0530 Madhya Pradesh's Drone Policy 2025 promotes drone manufacturing with incentives to boost agriculture, logistics, security, and governance. https://www.ibef.org/news/madhya-pradesh-looks-to-become-drone-manufacturing-hub-with-new-policy Fri, 07 Feb 2025 09:44:20 +0530 India aims to become a global wind power hub, with policy support driving local manufacturing and a target of 10% of global wind energy demand by 2030. https://www.ibef.org/news/india-can-be-a-global-hub-for-wind-turbines-vice-chairman-of-suzlon-energy-ltd-mr-girish-tanti Fri, 07 Feb 2025 09:42:39 +0530 India's Global Capability Centres (GCCs) are expected to create 4.25-4.5 lakh jobs this year, with one million by 2030, fuelled by a skilled workforce and rising demand for niche skills. https://www.ibef.org/news/global-capability-centres-gccs-to-create-4-50-000-new-jobs-in-2025-as-companies-plan-to-expand-report Fri, 07 Feb 2025 09:40:05 +0530 The Agricultural and Processed Food Products Export Development Authority (APEDA) boosts fruit and vegetable exports with new schemes, expanding to 123 countries and 17 new markets in three years. https://www.ibef.org/news/the-agricultural-and-processed-food-products-export-development-authority-s-apeda-financial-assistance-schemes-boost-47-3-surge-in-india-s-fruit-and-vegetable-exports Thu, 06 Feb 2025 09:25:41 +0530 OpenAI CEO Mr. Sam Altman praised India’s Artificial Intelligence (AI) efforts, calling it a key player in the global AI revolution, with OpenAI tripling its users nationwide and supporting its full-stack approach. https://www.ibef.org/news/india-a-key-market-for-artificial-intelligence-ai-must-be-among-the-leaders-of-the-ai-revolution-openai-ceo-mr-sam-altman Thu, 06 Feb 2025 09:23:56 +0530 India aims to reach the top 25 in the World Bank Logistics Performance Index by 2030, driven by infrastructure initiatives like PM Gati Shakti and the National Logistics Policy. https://www.ibef.org/news/pm-gati-shakti-logistics-policy-to-push-india-s-world-bank-ranking-report Thu, 06 Feb 2025 09:22:30 +0530 India's student housing market is set to hit Rs. 6,822 crore (US$ 780.5 million) by 2030, driven by growing demand and limited campus facilities. https://www.ibef.org/news/india-s-student-housing-market-is-expected-to-expand-as-demand-rises Thu, 06 Feb 2025 09:20:57 +0530 The government has mandated Quality Control Orders (QCOs) for over 150 products, ensuring stricter safety and performance standards across multiple sectors. https://www.ibef.org/news/government-expands-quality-compliance-requirements-for-over-150-products Thu, 06 Feb 2025 09:19:15 +0530 Smaller Indian cities, fueled by online access, drive a surge in luxury shopping among rising-income professionals, shifting the market from metros. https://www.ibef.org/news/luxury-shopping-expands-in-india-s-small-towns-as-e-commerce-grows Thu, 06 Feb 2025 09:16:39 +0530 A fifth of Indian households are now linked to the stock markets, with over 21 crore accounts and Rs. 40,00,000 crore (US$ 459.24 billion) wealth created in the last five years. https://www.ibef.org/news/every-fifth-home-in-india-linked-with-stock-markets-household-wealth-in-equities-up-by-rs-40-00-000-crore-us-459-24-billion-over-five-years-national-stock-exchange-nse Wed, 05 Feb 2025 10:02:04 +0530 Income tax exemption hike to Rs. 12 lakh (US$ 13,775.18) expected to boost demand for two-wheeler (2W) and passenger vehicle (PV) vehicles. https://www.ibef.org/news/income-tax-cuts-in-union-budget-to-boost-two-wheeler-and-passenger-vehicle-sales-jefferies Wed, 05 Feb 2025 10:00:54 +0530 India-European Union (EU) ties are crucial as a stabilizing factor amid global volatility, focusing on deeper cooperation in defense, security, and technology, Union Minister for External Affairs, Dr. S. Jaishankar emphasized. https://www.ibef.org/news/india-european-union-eu-ties-more-important-than-before-in-this-uncertain-world-union-minister-for-external-affairs-eam-dr-s-jaishankar Wed, 05 Feb 2025 09:59:12 +0530 The Union Budget 2025-26 allocates Rs. 2,541.06 crore (US$ 291.07 million) to boost tourism, skill development, and promote spiritual, medical, and heritage tourism. https://www.ibef.org/news/tourism-as-a-key-driver-for-employment-and-growth-budget-2025-26-focuses-on-infrastructure-medical-tourism-and-heritage-conservation Wed, 05 Feb 2025 09:57:38 +0530 Union Budget 2025 allocates Rs. 25,000 crore (US$ 2.87 billion) for maritime growth, shipbuilding aid, and fleet expansion to boost India's global shipping competitiveness. https://www.ibef.org/news/budget-2025-shipbuilding-gets-massive-push-from-government-eyeing-global-trade Wed, 05 Feb 2025 09:55:35 +0530 India ranks third in tourist arrivals to Singapore in 2024, with 1.2 million visitors, contributing to a 21% increase in international arrivals and boosting tourism receipts. https://www.ibef.org/news/india-among-the-top-three-countries-on-singapore-s-tourist-list-in-2024 Wed, 05 Feb 2025 09:54:27 +0530 India's manufacturing activity surged in January 2025, with a six-month high in Purchasing Managers' Index (PMI) and record hiring, driven by strong demand and easing inflation pressures. https://www.ibef.org/news/india-s-factory-activity-growth-hits-a-six-month-high-january-purchasing-managers-index-pmi-at-57-7 Tue, 04 Feb 2025 09:36:42 +0530 India raises Foreign Direct Investment (FDI) limit in insurance to 100%, aiming to boost capital inflows and expand industry growth. https://www.ibef.org/news/the-government-allows-100-foreign-direct-investment-fdi-in-insurance-companies-in-a-move-that-could-attract-more-players-help-increase-penetration Tue, 04 Feb 2025 09:35:01 +0530 Union Budget 2025-26 boosts renewable energy with Rs. 20,000 crore (US$ 2.30 billion) for nuclear, rooftop solar, and domestic manufacturing incentives. https://www.ibef.org/news/budget-s-focus-on-clean-energy-to-push-sector-growth-renewable-energy-re-industry Tue, 04 Feb 2025 09:32:44 +0530 Chief Minister of Andhra Pradesh Mr. N. Chandrababu Naidu, highlights India's pivotal role in driving global growth through artificial intelligence (AI) and green energy, with a focus on green hydrogen. https://www.ibef.org/news/india-to-play-crucial-role-in-global-artificial-intelligence-ai-revolution-chief-minister-of-andhra-pradesh-mr-n-chandrababu-naidu Tue, 04 Feb 2025 09:31:08 +0530 Union Budget 2025-26 allocates Rs. 20,000 crore (US$ 2.30 billion) for research and development (R&D), Artificial Intelligence (AI), and Atal Tinkering Labs, signalling a strong push for innovation and digital transformation. https://www.ibef.org/news/rs-20-000-crore-us-2-30-billion-for-research-artificial-intelligence-ai-geospatial-initiatives-to-drive-research-development-r-d-industry Tue, 04 Feb 2025 09:29:45 +0530 White-collar hiring in January 2025 grew 4%, driven by Fast-moving consumer goods (FMCG), pharmaceutical, insurance, and hospitality, with Rajasthan and aviation sectors showing standout performance. https://www.ibef.org/news/white-collar-hiring-was-up-4-in-january-driven-by-fast-moving-consumer-goods-fmcg-pharmaceutical-and-insurance-sectors Tue, 04 Feb 2025 09:27:30 +0530 India’s FY26 Budget raises capital expenditure by 10% to Rs. 11,21,000 crore (US$ 128.60 billion), with the government reaffirming its commitment to public spending as a priority. https://www.ibef.org/news/budget-2025-centre-sets-capex-goal-for-fy26-at-rs-11-21-000-crore-us-128-60-billion Mon, 03 Feb 2025 12:17:47 +0530 India's data centre market is set to grow from Rs. 38,984 crore (US$ 4.5 billion) in 2023 to Rs. 1,00,491 crore (US$ 11.6 billion) by 2032, with a 10.98% annual growth rate driven by infrastructure and digital demand. https://www.ibef.org/news/indian-data-centre-market-expected-to-grow-to-rs-1-00-491-crore-us-11-6-billion-by-2032-economic-survey Mon, 03 Feb 2025 12:15:55 +0530 India's economy is projected to grow 6.3%-6.8% in FY26, with international bodies like the IMF and World Bank forecasting growth at 6.5% and 6.7%, respectively. https://www.ibef.org/news/indian-economy-expected-to-grow-6-3-6-8-in-fy26-economic-survey Mon, 03 Feb 2025 12:13:45 +0530 India must add 100 million tonnes of steel-making capacity by 2030 to reduce import dependence, with current capacity at 200 million tonnes and 20 million tonnes added in 2022-23. https://www.ibef.org/news/india-needs-to-add-100-million-tonnes-of-steel-making-capacity-by-2030-secy Mon, 03 Feb 2025 12:12:04 +0530 Union Minister for Finance and Corporate Affairs, Ms. Nirmala Sitharaman, discussed the FY26 Union Budget's focus on income tax reforms, AI, and key investments to achieve Viksit Bharat by 2047, with initiatives reflecting trust-based governance. https://www.ibef.org/news/almost-all-of-govt-borrowing-going-for-asset-creation-union-minister-for-finance-and-corporate-affairs-ms-nirmala-sitharaman Mon, 03 Feb 2025 12:10:09 +0530 The Union Budget outlines initiatives to boost tourism and growth, with Union Minister for Finance and Corporate Affairs Ms. Nirmala Sitharaman announcing a plan to develop 50 tourist destinations through a performance-linked challenge mode. https://www.ibef.org/news/hospitality-sector-gets-a-boost-in-budget-with-tourism-focused-measures Mon, 03 Feb 2025 12:07:27 +0530 The Indian food services market, valued at US$ 80 billion in 2024, is expected to reach US$ 144 billion to US$ 152 billion by 2030. https://www.ibef.org/news/indian-food-services-market-projected-to-hit-us-144-152-bn-by-2030-report Fri, 31 Jan 2025 10:21:30 +0530 India plans to launch a homegrown Large Language Model (LLM) in 10 months, supported by the Artificial Intelligence (AI) computing facility with 18,000 Graphics Processing Units (GPUs). https://www.ibef.org/news/india-set-to-launch-its-artificial-intelligence-ai-model-in-next-10-months-says-union-minister-of-information-broadcasting-railways-electronics-it-mr-ashwini-vaishnaw Fri, 31 Jan 2025 10:20:12 +0530 The recent launch of a credit guarantee scheme for the MSME sector, which covers loans up to Rs. 100 crore (US$ 11.6 million), is expected to attract more investments, promote manufacturing, and enhance exports, according to exporters. https://www.ibef.org/news/mutual-credit-guarantee-mcg-scheme-for-medium-and-smal-enterprise-msmes-to-boost-investment-manufacturing-exports-exporters Fri, 31 Jan 2025 10:18:46 +0530 Indians are significantly increasing their expenditure on grooming products, especially via e-commerce, where online sales of grooming devices are growing twice as fast as the offline market. https://www.ibef.org/news/beauty-and-the-ecommerce-beast-as-online-breaks-entry-barriers-newer-brands-crop-up-expanding-offerings-market Fri, 31 Jan 2025 10:17:37 +0530 India's consumer market is expected to grow by 46% by 2030, driven by rising incomes, urbanization, digital transformation, and a shift towards branded and organized retail. https://www.ibef.org/news/india-s-consumer-market-to-become-world-s-second-largest-by-2030-report Fri, 31 Jan 2025 10:16:28 +0530 India's industrial and logistics leasing reached a record 39.5 million sq. ft. in 2024, driven by demand from 3PL providers, e-commerce, and quick-commerce operators, with robust growth expected to continue in key cities and emerging tier-II markets. https://www.ibef.org/news/industrial-logistics-leasing-hits-all-time-high-in-2024-at-39-5-mn-sq-ft-across-eight-cities Fri, 31 Jan 2025 10:13:06 +0530 India's hospitality sector saw Rs. 2,943.38 crore (US$ 340 million) in transactions in 2024, up from Rs. 2,917.41 crore (US$ 337 million) in 2023, with major deals in Mumbai and Bengaluru. https://www.ibef.org/news/hospitality-sector-sees-rs-2-943-38-crore-us-340-million-worth-of-transaction-activity-in-2024 Thu, 30 Jan 2025 09:49:14 +0530 The Union Cabinet approved the National Critical Mineral Mission (NCMM) with an expenditure of Rs.16,300 crore (US$ 1.88 billion) and an expected investment of Rs.18,000 crore (US$ 2.08 billion) by PSUs. https://www.ibef.org/news/cabinet-approves-national-critical-mineral-mission-to-build-a-resilient-value-chain-for-critical-mineral-resources-vital-to-green-technologies-with-an-outlay-of-rs-34-300-crore-us-3-96-billion-over-seven-years Thu, 30 Jan 2025 09:47:46 +0530 India's semiconductor market is projected to grow from Rs. 4,50,164 crore (US$ 52 billion) in 2024 to Rs. 8,95,134 crore (US$ 103.4 billion) by 2030, driven by mobile handsets, IT, and industrial applications. https://www.ibef.org/news/india-s-semiconductor-market-to-grow-at-13-reach-rs-8-95-134-crore-us-103-4-billion-by-2030-iesa Thu, 30 Jan 2025 09:46:11 +0530 At Delhi’s Indira Gandhi International Airport, non-aviation revenues, including retail, duty-free shopping, and advertising, have surpassed traditional aeronautical services, accounting for 57% of earnings in the first nine months of FY25. https://www.ibef.org/news/delhi-airport-s-shops-restaurants-and-rentals-outpace-aviation-revenue Thu, 30 Jan 2025 09:44:06 +0530 The Odisha government is shifting focus from the temple and Buddhist tourism to promoting the state for weddings and MICE (meetings, incentives, conferences, exhibitions) tourism, capitalising on its natural beauty, temples, wildlife, and eco-tourism spots. https://www.ibef.org/news/odisha-looks-beyond-temple-tourism-sets-eyes-on-destination-weddings Thu, 30 Jan 2025 09:41:52 +0530 The Indian government has revised the Quality Control Order (QCO) to promote high-quality and efficient solar photovoltaic (PV) products, enhancing reliability and safety. https://www.ibef.org/news/government-revises-quality-control-order-to-promote-high-quality-pv-products Thu, 30 Jan 2025 09:40:08 +0530 Around 62% of Ultra High-Net-Worth Individuals (UHNIs) and High-Net-Worth Individuals (HNIs) are planning real estate investments, reflecting continued confidence in the sector amidst India's promising growth outlook. https://www.ibef.org/news/62-high-net-worth-individuals-hnis-looking-to-invest-in-luxury-real-estate-survey Wed, 29 Jan 2025 10:31:26 +0530 Prime Minister Mr. Narendra Modi inaugurated the Make in Odisha Conclave 2025, praising Odisha's record-breaking investor participation and its strategic importance in India’s growth and ASEAN trade opportunities. https://www.ibef.org/news/prime-minister-mr-narendra-modi-inaugurates-the-utkarsh-odisha-make-in-odisha-conclave-2025-in-bhubaneswar Wed, 29 Jan 2025 10:29:14 +0530 India plans to invest Rs. 16,441 crore (US$ 1.9 billion) to develop its critical minerals sector, including lithium, to reduce import reliance and support energy transition and infrastructure needs. https://www.ibef.org/news/government-to-invest-nearly-rs-17-306-crore-us-2-billion-to-develop-critical-minerals-sector Wed, 29 Jan 2025 10:27:25 +0530 Skoda aims to nearly triple its car sales in India to over 100,000 units by 2025, supported by the launch of its Kylaq SUV priced at Rs 7.89 lakh (US$ 9118.49) and an upcoming EV. https://www.ibef.org/news/india-could-be-among-top-three-markets-for-us-in-2025-skoda-s-global-board-member-for-sales-and-marketing-india-mr-martin-jahn Wed, 29 Jan 2025 10:25:22 +0530 Goa continues to be India's top leisure destination, with MakeMyTrip noting a 12% increase in searches and a 14% rise in hotel bookings during October-December 2024, despite tourism concerns. https://www.ibef.org/news/search-for-goa-grows-12-in-october-december-hotel-bookings-up-14-makemytrip Wed, 29 Jan 2025 10:23:54 +0530 Microsoft CEO Mr. Satya Nadella highlighted the strong India-US bond, acknowledging the Indian community's contributions during Republic Day celebrations in Seattle, with over 500 attendees, including US lawmakers and officials. https://www.ibef.org/news/microsoft-ceo-mr-satya-nadella-calls-himself-product-of-india-us-bond Wed, 29 Jan 2025 10:22:02 +0530 Automobile exports from India rose by 19% in 2024 to 50,98,810 units, driven by higher shipments of two-wheelers, passenger vehicles, and commercial vehicles, with growth fuelled by demand from emerging markets like Latin America and Africa. https://www.ibef.org/news/demand-revival-in-emerging-markets-em-drives-19-growth-in-automobile-exports-in-2024 Tue, 28 Jan 2025 10:19:17 +0530 Unified Payments Interface (UPI) accounted for 83% of India's digital payment volume in 2024, growing at a five-year compounded annual growth rate (CAGR) of 89.3%. https://www.ibef.org/news/united-payments-interface-upi-dominates-digital-payments-sees-explosive-growth-over-five-years Tue, 28 Jan 2025 10:17:35 +0530 India has secured a deal to export BrahMos missiles worth Rs. 3,800 crore (US$ 440.27 million) to Indonesia and is exploring collaboration on aircraft carrier construction and shipbuilding. https://www.ibef.org/news/india-inks-rs-3-800-crore-us-440-27-million-brahmos-missile-deal-with-indonesia-all-you-need-to-know Tue, 28 Jan 2025 10:15:51 +0530 Despite a slowdown in middle-class spending, premium products saw a 10-15% sales growth during the Republic Day weekend, with demand for high-end electronics and apparel driving the trend, including items priced above Rs. 30,000 (US$ 347.60). https://www.ibef.org/news/premium-products-drive-republic-day-sales-growth-amid-urban-slowdown Tue, 28 Jan 2025 10:14:06 +0530 Union Minister of Youth Affairs and Sports, Dr. Mansukh Mandaviya, highlighted India's goal to rank in the top five globally in sports by 2047 and host the 2036 Olympics, emphasizing its role in national development. https://www.ibef.org/news/sports-can-become-key-to-india-s-developed-nation-dream-by-2047-union-minister-of-youth-affairs-and-sports-dr-mansukh-mandaviya Tue, 28 Jan 2025 10:12:39 +0530 The Indian aircraft maintenance, repair, and overhaul (MRO) industry is expected to grow 50%, reaching Rs. 4,500 crore (US$ 521.38 million) by FY26, driven by fleet expansion and reduced GST on components. https://www.ibef.org/news/indian-aircraft-mro-sector-to-grow-50-in-topline-by-fy26-says-crisil Tue, 28 Jan 2025 10:11:20 +0530 Indian exports to the United States (US) grew by 5.57% to Rs. 5.18 lakh crore (US$ 60 billion) during April-December in FY25 on high demand. https://www.ibef.org/news/exports-to-the-united-states-us-rose-5-57-to-rs-5-18-lakh-crore-us-60-billion-during-april-december-in-fy25-on-high-demand Mon, 27 Jan 2025 10:48:09 +0530 India secured over Rs. 20 lakh crore (US$ 231.54 billion) in investments at the World Economic Forum (WEF), with Maharashtra leading, reflecting global trust in India's growth and democracy. https://www.ibef.org/news/india-puts-up-a-big-show-at-davos-world-economic-forum-wef-bags-rs-20-lakh-crore-us-231-54-billion-investment-commitments Mon, 27 Jan 2025 10:44:50 +0530 India’s data centre demand is soaring, with over 600 megawatts (MW) of Information technology (IT) capacity expected by 2025, driven by cloud, Artificial Intelligence (AI), e-commerce, and 5G expansion across major and emerging cities. https://www.ibef.org/news/data-centre-demand-in-india-to-be-450-megawatts-mw-of-information-technology-it-in-2025 Mon, 27 Jan 2025 10:42:20 +0530 India’s used-car market is set to reach one crore annual sales by 2030, with Sport utility vehicles (SUV) leading the way and growing demand across urban and rural areas driven by affordability and changing consumer preferences. https://www.ibef.org/news/used-car-sales-in-india-to-cross-one-crore-annual-sales-mark-by-2030-report Mon, 27 Jan 2025 10:40:13 +0530 Government e-Marketplace (GeM) procurement rose 50% to over Rs. 4 lakh crore (US$ 46.31 billion) in FY25, with services accounting for Rs. 2.54 lakh crore (US$ 29.40 billion) along with new categories boosting efficiency. https://www.ibef.org/news/government-e-marketplace-gem-procurement-crosses-rs-4-lakh-crore-us-46-31-billion-during-april-january-period-of-fy25 Mon, 27 Jan 2025 10:38:20 +0530 Reliance Industries is building Gujarat’s largest data centre, boosting India’s Artificial Intelligence (AI) ambitions with Nvidia’s support. https://www.ibef.org/news/india-s-artificial-intelligence-ai-push-reliance-industries-to-build-the-world-s-largest-data-centre-in-jamnagar Mon, 27 Jan 2025 10:36:10 +0530 India’s domestic air traffic grew 6.12% in 2024, with IndiGo leading and the Air India Group expanding its fleet to 400 planes. https://www.ibef.org/news/domestic-air-passenger-traffic-in-india-jumps-by-6-12-to-161-3-million-in-2024 Fri, 24 Jan 2025 09:56:43 +0530 India's domestic investment announcements exceeded Rs. 37 lakh crore (US$ 428.04 billion) in FY23 and FY24, with over 70% from the private sector in 9M FY25, highlighting strong growth in manufacturing and power. https://www.ibef.org/news/domestic-investment-announcements-cross-rs-37-lakh-crore-us-428-04-billion-in-last-two-years-state-bank-of-india-sbi-report Fri, 24 Jan 2025 09:54:32 +0530 In 2025, India, the United States (US), and the Middle East will contribute 100 Gigawatts (GW) to global solar capacity as emerging hubs ramp up manufacturing. https://www.ibef.org/news/india-united-states-us-west-asia-to-add-100-gigawatts-gw-solar-capacity-in-2025-wood-mackenzie-report Fri, 24 Jan 2025 09:52:53 +0530 India's first 'Made-in-India' chip to be launched this year, with industry confidence growing in the nation's semiconductor program, says Union Minister of Railways, Information & Broadcasting, Electronics and IT, Mr. Ashwini Vaishnaw. https://www.ibef.org/news/first-made-in-india-chip-to-now-roll-out-in-2025-says-union-minister-of-railways-information-broadcasting-electronics-and-it-mr-ashwini-vaishnaw Fri, 24 Jan 2025 09:50:09 +0530 India’s digital economy is set to contribute 20% to national income by 2030, driven by rapid growth in digital platforms and industries. https://www.ibef.org/news/india-s-digital-economy-set-to-overtake-agriculture-manufacturing-by-2030-ministry-of-electronics-and-information-technology-meity Fri, 24 Jan 2025 09:47:59 +0530 Open Network for Digital Commerce (ONDC) is set to transform India’s digital commerce by creating an open, decentralized platform that empowers businesses of all sizes and promotes inclusivity. https://www.ibef.org/news/government-s-open-network-for-digital-commerce-ondc-to-drive-india-s-next-wave-of-entrepreneurial-innovation-report Fri, 24 Jan 2025 09:45:36 +0530 eSankhyiki, India’s data platform, has reached 134 million records in seven months, promoting evidence-based policymaking and global statistical leadership. https://www.ibef.org/news/esankhyiki-surpasses-100-million-records-milestone Thu, 23 Jan 2025 11:17:44 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, set a target of 10,000 Geographical Indication (GI) Tags by 2030, with 605 tags issued so far at the GI Samagam in New Delhi. https://www.ibef.org/news/union-minister-of-commerce-industry-mr-piyush-goyal-sets-a-target-of-10000-gi-tags-by-2030-committee-to-be-formed-to-oversee-implementation Thu, 23 Jan 2025 11:13:46 +0530 India is now the United States' second-largest overseas tourist market, with 2.2 million Indian visitors in 2024, contributing Rs. 1,72,840 crore (US$ 20 billion) to the US economy. https://www.ibef.org/news/india-is-the-second-largest-market-for-the-united-states-us-in-terms-of-tourist-arrivals-brand-usa-ceo-mr-fred-dixon Thu, 23 Jan 2025 11:10:51 +0530 India’s hiring activity rose 12% in six months, with AI jobs growing 42% in two years and sectors like consumer electronics, manufacturing, and healthcare driving demand. https://www.ibef.org/news/india-s-hiring-activity-up-31-in-december-led-by-consumer-electronics-manufacturing-report Thu, 23 Jan 2025 11:07:02 +0530 India's retail leasing surged to 6.4 million square feet in 2024, led by fashion, athleisure, and direct-to-consumer (D2C) growth, with Tier-I cities set to drive further expansion in 2025. https://www.ibef.org/news/retail-leasing-remains-strong-at-6-4-million-square-feet-in-calendar-year-cy-2024 Thu, 23 Jan 2025 11:03:41 +0530 The National Stock Exchange’s (NSE) registered investors have surpassed 11 crore, adding one crore in five months, driven by digitization, financial inclusion, and strong market performance. https://www.ibef.org/news/national-stock-exchange-nse-adds-one-crore-investors-in-five-months-surpasses-11-crore-mark Thu, 23 Jan 2025 11:00:05 +0530 In April-September 2024, the government disbursed Rs. 1,596 crore (US$ 184.33 million) under Production-Linked Incentive (PLI) schemes boosting investments, production, exports, and job creation across key sectors like electronics and pharma. https://www.ibef.org/news/government-disburses-rs-1-596-crore-us-184-33-million-in-six-production-linked-incentive-pli-schemes-between-april-september-in-fy25 Wed, 22 Jan 2025 09:21:06 +0530 Renewables, including large hydro, will contribute 21% to India’s energy mix in FY25, with strong growth expected to reach 35-40% by 2030, driven by solar and hybrid projects, according to India Ratings and Research (Ind-Ra). https://www.ibef.org/news/renewables-share-in-india-s-energy-mix-to-be-stable-at-21-in-fy25-india-ratings-and-research-ind-ra Wed, 22 Jan 2025 09:18:59 +0530 India's petrochemical sector, pivotal for economic growth, can achieve self-reliance through tariff rationalization, infrastructure development, research and development, and policy support, transforming it into a global manufacturing hub. https://www.ibef.org/news/unlocking-potential-india-s-path-to-a-robust-petrochemical-industry Wed, 22 Jan 2025 09:16:51 +0530 Union Minister of Food Processing Industries, Mr. Chirag Paswan at the World Economic Forum (WEF) emphasized the immense global growth potential of India’s processed food sector, aiming to elevate Indian food brands and support farmers through rural entrepreneurship. https://www.ibef.org/news/huge-potential-for-processed-indian-foods-in-global-market-union-minister-of-food-processing-industries-mr-chirag-paswan Wed, 22 Jan 2025 09:14:49 +0530 India’s wealth management Asset Under Management (AUM) is set to double from Rs. 95,23,800 crore (US$ 1.1 trillion) in FY24 to Rs. 1,99,13,400 crore (US$ 2.3 trillion) by FY29, fuelled by rising incomes and shifting asset preferences. https://www.ibef.org/news/asset-under-management-aum-of-wealth-management-industry-to-double-to-rs-1-99-13-400-crore-us-2-3-trillion-in-next-five-years-report Wed, 22 Jan 2025 09:12:26 +0530 India's industrial and warehousing sector recorded 25.6 million square feet in leasing activity in 2024, with Delhi National Capital Region (NCR) and Chennai driving demand, while Third-party logistics (3PL) players accounted for 33% of leasing, reflecting strong market confidence. https://www.ibef.org/news/large-sized-deals-drove-40-of-industrial-warehousing-demand-in-2024 Wed, 22 Jan 2025 09:09:19 +0530 India’s global consumption share is projected to rise to 16% by 2050 from 9% in 2023, driven by its growing population and rising incomes, according to McKinsey, with North America at 17%. https://www.ibef.org/news/india-may-account-for-16-of-global-consumption-by-2050-world-data-lab Tue, 21 Jan 2025 10:27:58 +0530 India's insurance sector is set for growth in FY25, fuelled by economic expansion, rising premiums, and government reforms. https://www.ibef.org/news/india-s-growing-middle-class-to-drive-insurance-industry-s-growth-in-fy24-says-moody-s Tue, 21 Jan 2025 10:26:49 +0530 India's coffee industry, rooted in history, has grown into a global powerhouse, with exports reaching Rs. 11,163.66 crore (US$ 1.29 billion) in FY24, fuelled by increasing demand and initiatives boosting production and sustainability. https://www.ibef.org/news/indian-coffee-brews-global-demand Tue, 21 Jan 2025 10:24:48 +0530 India is emerging as a global leader in digital innovation and tech-driven development, with Centre for the Fourth Industrial Revolution (C4IR) India leading impactful initiatives in Artificial Intelligence (AI), healthcare, agriculture, and sustainability, aiming to reach 10 million citizens by 2030. https://www.ibef.org/news/india-at-forefront-of-age-defined-by-technological-evolution-world-economic-forum-wef-report Tue, 21 Jan 2025 10:23:18 +0530 India's mobility industry is set to surpass Rs. 51,92,400 crore (US$ 600 billion) by 2030, driven by growth in electric, shared, and connected vehicles, with Electric Vehicles (EVs) expected to capture a significant market share. https://www.ibef.org/news/indian-mobility-market-set-to-double-by-2030-exceeding-rs-51-92-400-crore-us-600-billion-report Tue, 21 Jan 2025 10:21:39 +0530 India's composite materials industry is set to grow at a 7.8% Compound Annual Growth Rate (CAGR), reaching Rs. 24,231 crore (US $2.8 billion) by 2030, driven by demand from Electric Vehicles (EVs), renewable energy, and government infrastructure projects. https://www.ibef.org/news/domestic-composite-materials-industry-to-touch-rs-24-231-crore-us-2-8-billion-mark-by-2030-report Tue, 21 Jan 2025 10:19:43 +0530 Rail operators' revenue is expected to grow double digits, while warehousing rentals could rise 3-5%, and port volumes will benefit from eased global freight, though container freight stations' EBITDA remains constrained. https://www.ibef.org/news/rail-operators-likely-to-post-double-digit-growth-in-fy25-india-ratings Mon, 20 Jan 2025 11:30:39 +0530 Union Minister of Commerce & Industry, Mr. Piyush Goyal, highlighted India's automotive sector growth at the Bharat Mobility Global Expo 2025 in New Delhi, emphasizing the auto component industry's export surplus and the potential of Free Trade Agreements for global expansion. https://www.ibef.org/news/bharat-mobility-expo-shows-that-the-indian-auto-industry-is-confident-to-take-on-global-competition-union-minister-of-commerce-industry-mr-piyush-goyal Mon, 20 Jan 2025 11:28:55 +0530 India’s cosmetic surgery market is set to reach Rs. 99,475 crore (US$ 11.5 billion) by 2030, growing at a CAGR of 15.6%, driven by celebrity influence and rising incomes. https://www.ibef.org/news/india-s-cosmetic-surgery-market-set-to-hit-rs-99-475-crore-us-11-5-billion-by-2030-report Mon, 20 Jan 2025 11:26:55 +0530 The Indian edtech market, valued at Rs. 64,875 crore (US$ 7.5 billion) is expected to reach Rs. 2,50,850 crore (US$ 29 billion) by 2030, driven by digital infrastructure and rising demand for online learning. https://www.ibef.org/news/india-s-edtech-market-likely-to-reach-rs-2-50-850-crore-us-29-billion-by-2030-report Mon, 20 Jan 2025 11:25:20 +0530 The Union Cabinet approved the refarming of 687 MHz of spectrum for mobile services, increasing the total to 1,587 MHz, with further plans based on a study by a Committee of Secretaries. https://www.ibef.org/news/cabinet-approves-refarming-of-687-mhz-of-spectrum-more-to-come-union-minister-of-communications-mr-jyotiraditya-scindia Mon, 20 Jan 2025 11:18:23 +0530 India’s seafood exports for H1 FY25 have surpassed Rs. 60,000 crore (US$ 6.93 billion), driven largely by frozen shrimp, with plans for duty cuts to boost global competitiveness ahead of the Union Budget 2025. https://www.ibef.org/news/fy25-seafood-exports-cross-rs-60-000-crore-us-6-93-billion-govt-eyes-duty-cuts-in-budget-2025 Mon, 20 Jan 2025 11:16:24 +0530 The World Bank holds India's FY26 growth forecast at 6.7%, projecting it as the fastest-growing major economy, with robust services and private investment amid global risks. https://www.ibef.org/news/india-to-remain-fastest-growing-large-economy-in-fy26-fy27-world-bank Fri, 17 Jan 2025 10:51:13 +0530 On the ninth anniversary of 'Startup India,' Prime Minister Mr. Narendra Modi praised it for positioning India among the largest startup ecosystems, driving youth empowerment, innovation, and growth. https://www.ibef.org/news/startup-india-made-country-a-vibrant-startup-hub-says-prime-minister-mr-narendra-modi Fri, 17 Jan 2025 10:50:16 +0530 The Indian power sector offers an investment opportunity of Rs. 40,00,000 crore (US$ 461.95 billion) over the next decade, driven by rising demand, infrastructure upgrades, and the shift to clean energy. https://www.ibef.org/news/india-s-power-sector-has-investments-opportunity-of-rs-40-00-000-crore-us-461-95-billion-over-next-decade-motilal-oswal Fri, 17 Jan 2025 10:48:26 +0530 Indian automakers plan to launch nearly a dozen new electric vehicle models in 2025, including premium segment offerings, at the New Delhi auto show amid slowing global EV demand and upcoming emission regulations. https://www.ibef.org/news/carmakers-in-india-plan-ev-onslaught-in-2025-despite-slowing-global-demand Fri, 17 Jan 2025 10:46:57 +0530 India's internet user base is set to surpass 900 million by 2025, with 886 million users in 2024, reflecting an 8% YoY growth, led by rural areas, according to the Internet and Mobile Association of India (IAMAI) and KANTAR's report. https://www.ibef.org/news/india-s-internet-users-to-exceed-900-million-in-2025-driven-by-indic-languages Fri, 17 Jan 2025 10:44:59 +0530 Indian tourists in the UAE can soon use UPI services at more merchant locations, starting with Dubai Duty-Free, as part of a partnership between NPCI International Payments Limited (NIPL) and Magnati, boosting cross-border payments. https://www.ibef.org/news/indians-visiting-dubai-can-use-upi-to-shop-cashless-at-duty-free-shops Fri, 17 Jan 2025 10:43:25 +0530 India's economy is set to become the fourth largest by 2026, with projected growth of 6.8% in FY25, driven by resilient macroeconomic fundamentals and strategic reforms aimed at boosting disposable income and fostering key sectors. https://www.ibef.org/news/india-poised-to-become-world-s-fourth-largest-economy-by-2026-gross-domestic-product-to-grow-6-8-in-fy25-phd-chamber-of-commerce-and-industry-phdcci Thu, 16 Jan 2025 11:26:48 +0530 India aims to achieve Rs. 31 trillion (US$ 358.46 billion) in green infrastructure investments by 2030, driven by renewable energy, transportation, and oil and gas, targeting net-zero emissions with innovative technologies, green financing, and supportive policies. https://www.ibef.org/news/india-s-green-investments-to-grow-five-fold-to-rs-31-trillion-us-358-46-billion-by-2030-crisil Thu, 16 Jan 2025 11:25:16 +0530 India's startup ecosystem, the third largest globally, has created 16.6 lakh jobs since 2016, driven by Information Technology (IT), healthcare, and professional services sectors. https://www.ibef.org/news/startups-add-1-66-million-jobs-from-2016-to-october-2024 Thu, 16 Jan 2025 11:23:10 +0530 India’s rapid digital transformation, underpinned by the India Stack infrastructure, has empowered millions by democratising data, identity, and payments.  https://www.ibef.org/news/digital-transformation-fuelling-india-s-economic-growth-and-inclusion Thu, 16 Jan 2025 11:20:01 +0530 India's restaurant industry shows a strong recovery, driven by rising discretionary spending, demographic shifts, and increased female workforce participation, with stabilised same-store sales growth and profitability, according to Macquarie Equity Research. https://www.ibef.org/news/india-s-restaurant-industry-shows-signs-of-recovery-international-brands-will-have-edge-report Thu, 16 Jan 2025 11:17:59 +0530 Cement demand in India is expected to grow at a 7-8% CAGR over FY25E-27E, driven by infrastructure development and cost optimisation, despite a brief slowdown in FY25E. https://www.ibef.org/news/india-s-infra-driven-economy-will-lead-to-a-cagr-growth-of-7-8-in-cement-demand-report Thu, 16 Jan 2025 11:16:13 +0530 In 2024, the passenger vehicle (PV) segment grew by 4.2% to 4.3 million units, with utility vehicles seeing a 17% increase, and three-wheelers and two-wheelers also posting positive sales, reflecting strong growth across various vehicle categories. https://www.ibef.org/news/india-s-passenger-vehicle-pv-segment-posts-record-sales-of-4-3-million-units-in-2024-society-of-indian-automobile-manufacturers-siam Wed, 15 Jan 2025 10:43:58 +0530 President Ms. Droupadi Murmu lauded India’s progress in milk production and the role of livestock in the rural economy, stressing ongoing efforts in breed development and animal health to further enhance productivity and quality. https://www.ibef.org/news/india-s-achievements-in-milk-products-extraordinary-president-ms-droupadi-murmu Wed, 15 Jan 2025 10:42:23 +0530 The National Turmeric Board, inaugurated by Union Minister for Commerce and Industry Mr. Piyush Goyal, aims to enhance India’s turmeric production to 20,00,000 tonnes in five years and boost international exports. https://www.ibef.org/news/looking-to-double-turmeric-production-to-two-million-in-five-years-union-minister-of-commerce-and-industry-mr-piyush-goyal Wed, 15 Jan 2025 10:40:53 +0530 Union Minister of Road Transport and Highways, Mr. Nitin Gadkari, emphasized the importance of infrastructure in achieving the vision of a developed India, spotlighting key projects like the Sonamarg tunnel and major corridors in Jammu and Kashmir to boost economic growth and connectivity. https://www.ibef.org/news/infrastructure-development-imperative-to-achieve-viksit-bharat-goal-union-minister-of-road-transport-highways-mr-nitin-gadkari Wed, 15 Jan 2025 10:38:44 +0530 The Ministry of Rural Development has approved 56 new Watershed Development Projects with a Rs. 700 crore (US$ 80.9 million) budget across 10 states, aiming to combat land degradation, improve farmers' income, and enhance climate resilience through sustainable practices like soil conservation and rainwater harvesting. https://www.ibef.org/news/government-approves-56-new-watershed-development-projects-worth-rs-700-crore-us-80-9-million Wed, 15 Jan 2025 10:34:53 +0530 EY India report highlights AI's transformative potential, predicting a reshaped workforce, economic boost, and global AI leadership by 2030, with opportunities in upskilling, innovation, and sustainable growth. https://www.ibef.org/news/artificial-intelligence-ai-set-to-reshape-38-million-jobs-in-india-by-2030-boost-productivity-ernst-young-ey Wed, 15 Jan 2025 10:31:02 +0530 India secured third place globally in fintech funding despite a 33% YoY drop to Rs. 16,475 crore (US$ 1.9 billion) in 2024, reflecting a slowdown amid geopolitical challenges. https://www.ibef.org/news/india-ranks-third-in-global-fintech-funding-despite-33-drop-in-2024-report Tue, 14 Jan 2025 09:56:02 +0530 Prime Minister Mr. Narendra Modi inaugurated the Sonamarg Tunnel in Jammu & Kashmir, honouring labourers’ sacrifices with condolences for seven lives lost while celebrating the occasion alongside festivals like Lohri and Makar Sankranti. https://www.ibef.org/news/prime-minister-mr-narendra-modi-inaugurates-sonamarg-tunnel-in-jammu-and-kashmir Tue, 14 Jan 2025 09:54:09 +0530 Fitch Ratings projected that India's steady GDP growth, improved banking sector, and expected interest-rate cuts in 2025 will enhance corporate credit access in FY26, though risks like energy price hikes and geopolitical tensions remain. https://www.ibef.org/news/steady-gdp-growth-likely-rate-cuts-in-2025-to-support-credit-access-of-corporates-in-fy26-fitch-ratings Tue, 14 Jan 2025 09:52:06 +0530 The Indian gem and jewellery market, valued at Rs. 7,37,035 crore (US$ 85 billion) is set to reach Rs. 11,27,230 crore (US$ 130 billion) by 2030, with Rs. 150 crore (US$ 17.30 million) invested in diamond promotion. https://www.ibef.org/news/indian-gem-jewellery-market-to-soar-from-rs-7-37-035-crore-us-85-billion-to-rs-11-27-230-crore-us-130-billion-by-2030-gem-jewellery-export-promotion-council-gjepc Tue, 14 Jan 2025 09:49:56 +0530 The Mahakumbh 2025 in Prayagraj is expected to generate Rs. 2,00,000 crore (US$ 23.07 billion) in trade, with significant contributions from tourism, accommodation, and local spending. https://www.ibef.org/news/40-crore-mahakumbh-crowd-to-add-rs-2-00-000-crore-us-23-07-billion-booster-to-uttar-pradesh-s-economy Tue, 14 Jan 2025 09:47:41 +0530 Apple's iPhone exports from India reached Rs. 1,00,000 crore (US$ 11.53 billion) in 2024, with a 42% YoY increase, driven by higher local value addition and a 46% rise in domestic production to Rs. 1,48,014 crore (US$ 17.07 billion). https://www.ibef.org/news/india-s-role-in-apple-s-success-the-story-behind-rs-1-00-000-crore-us-11-53-billion-iphone-exports Tue, 14 Jan 2025 09:46:01 +0530 India achieves a record 30 Gigawatt (GW) renewable energy capacity addition in 2024, setting the stage for a sustainable future and moving closer to its 2030 target.` https://www.ibef.org/news/india-adds-about-30-gigawatts-gw-of-renewable-capacity-in-2024-113-higher-than-2023 Mon, 13 Jan 2025 10:49:06 +0530 Prime Minister Mr. Narendra Modi encourages India's youth to lead the transformation towards a developed nation, emphasizing ambition, unity, and the power of collective growth. https://www.ibef.org/news/india-s-youth-will-drive-its-rise-to-becoming-developed-by-2047-prime-minister-mr-narendra-modi Mon, 13 Jan 2025 10:48:09 +0530 Commerce and Industry Minister Mr. Piyush Goyal sets a target of Rs. 863,200 crore (US$ 100 billion) in food, beverage, and marine product exports by 2028, urging industry collaboration for quality and sustainability. https://www.ibef.org/news/food-beverage-and-marine-exports-could-hit-rs-863-200-crore-us-100-billion-in-four-to-five-years-commerce-and-industry-minister-mr-piyush-goyal Mon, 13 Jan 2025 10:46:41 +0530 The average loan ticket size disbursed by Micro Finance Institutions increased by 43%, from Rs. 35,000 to Rs. 50,000 (US$ 406.47-580.67), raising concerns over delinquencies and multiple loans among borrowers, as per the IIFL Capital report. https://www.ibef.org/news/loan-disbursal-to-micro-finance-institutions-rises-43-over-three-years-iifl-capital Mon, 13 Jan 2025 10:45:27 +0530 IndiGo contributed 7.6% to Airbus's record 2024 deliveries with 58 aircraft, while Air India took delivery of 14 planes, as Airbus delivered 766 out of its 770 targeted aircraft, hindered by supply chain issues. https://www.ibef.org/news/9-4-of-airbus-deliveries-came-to-india-7-6-to-indigo-alone Mon, 13 Jan 2025 10:43:35 +0530 The Global Energy Alliance for People and Planet (GEAPP) will use India to evaluate decarbonisation technologies, with a Rajasthan project on AI-driven grid optimisation to be showcased at COP 30 in Brazil. https://www.ibef.org/news/india-to-be-testbed-for-implementing-decarbonisation-technologies-globally-says-global-energy-alliance-for-people-and-planet-geapp-ceo-mr-woochong-um Mon, 13 Jan 2025 10:41:55 +0530 Mutual fund folios in India reached a record Rs. 22.5 crore (US$ 2.6 million) in December 2024, with robust Systematic Investment Plan (SIP) growth and sustained equity inflows reflecting retail investors' confidence in disciplined, long-term investment strategies despite market volatility. https://www.ibef.org/news/mutual-fund-folios-reached-a-record-high-of-rs-22-5-crore-us-2-6-million-in-december-2024-with-systematic-investment-plan-sip-inflows-surpassing-rs-26-000-crore-us-3-03-billion Fri, 10 Jan 2025 10:33:37 +0530 Prime Minister Mr. Narendra Modi's inauguration of the 18th Pravasi Bharatiya Divas highlighted India’s growth, global rise, and technological advancements, urging the diaspora to strengthen India's global presence and heritage further as the nation aims to become developed by 2047. https://www.ibef.org/news/prime-minister-mr-narendra-modi-inaugurates-18th-pravasi-bharatiya-divas-convention-in-odisha Fri, 10 Jan 2025 10:31:22 +0530 The Commerce Ministry has tasked Indian missions in 20 key countries to identify export opportunities for six priority sectors, aiming to boost trade with focus markets that account for a major share of India’s exports despite recent fluctuations. https://www.ibef.org/news/india-asks-missions-in-20-nations-to-boost-market-opportunities-export Fri, 10 Jan 2025 10:28:26 +0530 Quick commerce is set to create 500,000 new jobs by 2025, with 40,000 workers hired in October 2024 - December 2024, driven by roles in delivery, retail, and logistics in India’s major cities. https://www.ibef.org/news/q-commerce-drives-surge-in-demand-for-blue-collar-jobs-in-india-survey Fri, 10 Jan 2025 10:24:29 +0530 Jefferies forecasts that the volume of two-wheelers and tractors will grow at a CAGR of 13-15% between 2025-27, surpassing passenger vehicles and trucks, which are expected to grow at 5-8%. https://www.ibef.org/news/two-wheelers-tractor-volumes-to-outpace-passenger-vehicles-and-trucks-in-fy25-27-jefferies Fri, 10 Jan 2025 10:22:43 +0530 The Uttar Pradesh government will connect 155 industrial clusters via an e-commerce platform, supporting over 50,000 MSMEs, reducing external dependence, and fostering local business alliances. https://www.ibef.org/news/uttar-pradesh-government-plans-e-commerce-booster-shot-for-the-msme-sector Fri, 10 Jan 2025 10:20:23 +0530 Electric car sales in India rose by 20% in 2024, reaching nearly 10,00,00 units, despite concerns over charging, battery life, and resale values, with the segment now at 2.4% of total sales. https://www.ibef.org/news/electric-car-sales-in-india-jump-20-in-2024-tata-motors-retains-top-spot Thu, 09 Jan 2025 11:19:43 +0530 Prime Minister Mr. Narendra Modi announced the establishment of one of the world's largest green hydrogen production facilities in Visakhapatnam, with a target of five million metric tons annually by 2030. https://www.ibef.org/news/aiming-to-produce-five-million-tons-of-green-hydrogen-by-2030-prime-minister-mr-narendra-modi Thu, 09 Jan 2025 11:17:27 +0530 Indian exporters are set to boost their share in the Rs. 1,71,80,00,00 crore (US$ 2 trillion) global agricultural trade, with a focus on value-added and organic products, while the Indusfood 2025 exhibition strengthens India’s position in international markets and promotes agricultural innovation. https://www.ibef.org/news/huge-opportunities-to-increase-share-in-global-agri-trade-apeda-chairperson Thu, 09 Jan 2025 11:15:32 +0530 IndiaAI has partnered with Microsoft to enhance AI adoption in India, aiming to skill 500,000 individuals by 2026 and foster 100,000 AI innovators through hackathons and an AI marketplace. https://www.ibef.org/news/india-ai-and-microsoft-join-hands-to-harness-artificial-intelligence-s-potential-for-inclusive-development-and-economic-transformation Thu, 09 Jan 2025 11:12:37 +0530 Private equity investments in India surged by 46.2% to Rs. 1,28,865 crore (US$ 15 billion) in 2024, driven by sectors like healthcare, tech, and e-commerce, with notable deals across industries. https://www.ibef.org/news/private-equity-investments-in-india-surge-46-to-rs-1-28-865-crore-us-15-billion-top-deals-of-2024 Thu, 09 Jan 2025 11:09:34 +0530 India is set to lead global technology adoption, with employers investing heavily in AI, energy tech, and robotics while embracing skills-based hiring to meet growing demand for specialized roles. https://www.ibef.org/news/indian-employers-plan-to-outpace-global-peers-in-future-tech-adoption-world-economic-forum-wef Thu, 09 Jan 2025 11:06:48 +0530 Automobile retail sales in 2024 rose 9% YoY, with 2,61,07,679 units sold, driven by strong demand for two-wheelers and passenger vehicles despite challenges like heat waves and elections. https://www.ibef.org/news/auto-sales-rose-9-in-2024-on-strong-demand-for-two-wheelers-federation-of-automobile-dealers-associations-fada Wed, 08 Jan 2025 10:18:28 +0530 India's GDP growth projection for FY25 remains at 6.4%, a drop from 8.2% in FY23, with rural demand and industrial activity expected to drive growth to 6.4-6.8% by year-end. https://www.ibef.org/news/india-s-gdp-likely-to-grow-6-4-in-2024-25-show-first-advance-estimates Wed, 08 Jan 2025 10:14:51 +0530 India's residential real estate market sees a shift towards premium properties, with sales of apartments priced at Rs. 2 crore (US$ 233,290.56) and Rs. 5 crore (US$ 583,226.41), up 400% since 2019, driven by rising urban affluence. https://www.ibef.org/news/premiumisation-fuels-india-s-housing-growth-mid-income-luxury-homes-drive-demand Wed, 08 Jan 2025 10:12:12 +0530 The Indian arms of Deloitte, PwC, Ernst & Young, and KPMG outpaced global peers in FY23, with combined revenue of Rs. 38,500-38,800 crore (US$ 4.49-4.53 billion), driven by consulting and technology demand. https://www.ibef.org/news/big-four-in-india-outshine-mnc-parents-combined-revenue-seen-at-over-rs-45-000-crore-in-fy25 Wed, 08 Jan 2025 10:09:49 +0530 A study by IIT Kanpur and the University of Colorado shows that reliable community electricity boosts women's autonomy in rural areas, enhancing mobility, decision-making, health, and safety, using data from the 2019-21 National Family Health Survey. https://www.ibef.org/news/better-power-supply-improves-rural-women-s-autonomy-safety-finds-study Wed, 08 Jan 2025 10:07:55 +0530 The Bharat Mobility Global Expo 2025, from Jan 17-22, will feature 40+ product launches across various segments, attracting B2B and B2C visitors at multiple venues highlighting mobility solutions. https://www.ibef.org/news/more-than-40-new-product-launches-expected-at-upcoming-auto-expo-says-government Wed, 08 Jan 2025 10:05:27 +0530 India’s Services PMI for December 2024 rose to 59.3 points, driven by strong demand, especially in finance and insurance, with new orders growing for the 41st consecutive month. https://www.ibef.org/news/india-s-services-pmi-hits-59-3-in-december-ending-2024-on-a-high-note Tue, 07 Jan 2025 10:32:38 +0530 It was noted by Prime Minister Mr. Narendra Modi that the India-US strategic partnership has significantly advanced in technology and defence after his meeting with US National Security Advisor Mr. Jake Sullivan. https://www.ibef.org/news/india-us-ties-have-reached-new-heights-in-tech-defence-ai-says-pm-modi Tue, 07 Jan 2025 10:31:25 +0530 The Finance Ministry has approved a Rs. 25,000 crore (US$ 2.92 billion) incentive scheme for promoting local electronic component manufacturing, aiming to generate Rs. 4,28,000-5,13,600 crore (US$ 50-60 billion) over five-to-six-years. https://www.ibef.org/news/india-readies-rs-25-000-crore-us-2-92-billion-boost-for-its-electronics-components-industry Tue, 07 Jan 2025 10:29:48 +0530 India is urging states to attract private capital to expand its power transmission network, with proposals to monetise assets and ensure stable revenue streams for investors to support clean energy growth. https://www.ibef.org/news/india-eyes-private-capital-for-rs-9-15-920-crore-us-107-billion-grid-expansion Tue, 07 Jan 2025 10:28:37 +0530 Institutional investment in Indian real estate reached Rs. 55,640 crore (US$ 6.5 billion) in 2024, a 22% rise from 2023, with Q4 inflows surpassing Rs. 16,264 crore (US$ 1.9 billion). https://www.ibef.org/news/institutional-inflows-into-indian-realty-highest-in-five-years-at-rs-55-640-crore-us-6-5-billion Tue, 07 Jan 2025 10:27:27 +0530 The Uttar Pradesh government is creating a new export policy to boost its exports, aiming for a 7.5% share of India's total, with 2023-24 exports at Rs. 90,394 crore (US$ 10.56 billion). https://www.ibef.org/news/up-govt-s-new-export-policy-to-provide-additional-benefits-to-exporters Tue, 07 Jan 2025 10:25:52 +0530 Metro systems in India have transformed travel by covering over 1,000 km across 11 states and 23 cities, offering millions quick, easy, and affordable transportation options. https://www.ibef.org/news/1-000-kms-of-metro-3rd-largest-in-the-world Mon, 06 Jan 2025 11:17:17 +0530 India's Production-Linked Incentive (PLI) schemes are set to generate Rs. 39,35,007 crore (US$ 459 billion) in revenue, benefiting over 720 companies across sectors like energy transition, automobiles, and solar modules. https://www.ibef.org/news/pli-schemes-to-boost-revenue-of-720-companies-by-rs-39-35-007-crore-us-459-billion-over-next-five-years-goldman-sachs Mon, 06 Jan 2025 11:15:17 +0530 Meity aims for US$ 500 billion in electronics production by 2030, which is projected to create 5.5 to 6 million jobs. https://www.ibef.org/news/meity-targets-us-500-bn-electronics-production-by-2030-with-detailed-strategy Mon, 06 Jan 2025 11:14:06 +0530 In calendar year 2024, the National Stock Exchange (NSE) led Asia with 268 initial public offerings (IPOs), raising a total of Rs. 1.67 trillion (US$ 19.53 billion) across its mainboard and SME platform. https://www.ibef.org/news/nse-leads-asia-in-ipos-with-268-listings-in-2024-across-mainboard-sme Mon, 06 Jan 2025 11:13:00 +0530 Indian banks' credit growth is projected at 12.5% in 2024-25, but HSBC warns of risks from tight liquidity, slow deposits, high loan-deposit ratios, and potential GDP slowdown. https://www.ibef.org/news/indian-banks-to-see-range-bound-12-5-credit-growth-in-2024-25-hsbc Mon, 06 Jan 2025 11:11:47 +0530 The revamped e-auction portal 'Baanknet,' launched by the Secretary for the Department of Financial Services, Ministry of Finance, Mr. M. Nagaraju, aims to enhance PSBs' recovery processes, offering a unified platform for investors to explore distressed assets, improving credit availability and transparency. https://www.ibef.org/news/dfs-secy-launches-baanknet-portal-as-a-one-stop-property-e-auction-hub Mon, 06 Jan 2025 11:10:16 +0530 India's textiles and apparel exports, including handicrafts, rose 7% to Rs. 1,83,098 crore (US$ 21.35 billion) during April-October FY25, driven by growth in Ready-Made Garments and Cotton Textiles. https://www.ibef.org/news/textile-exports-increase-7-to-rs-1-83-098-crore-us-21-35-billion-in-april-october-of-fy25-government Fri, 03 Jan 2025 10:46:41 +0530 Prime Minister Mr. Narendra Modi praised ONDC for revolutionizing e-commerce and empowering small businesses. https://www.ibef.org/news/prime-minister-mr-narendra-modi-lauds-ondc-for-revolutionising-digital-commerce-in-india Fri, 03 Jan 2025 10:44:40 +0530 India’s renewable energy capacity is set to surpass 35 GW in 2025, driven by a strong pipeline and improved solar and wind manufacturing, after adding 15 GW in the first eight months of FY24. https://www.ibef.org/news/renewable-energy-capacity-additions-may-exceed-35-gw-in-2025 Fri, 03 Jan 2025 10:42:38 +0530 Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, announced on December 21, 2024, that employment in India surged 36% to 64.33 crore in 2023-24, up from 47.15 crore in 2014-15. https://www.ibef.org/news/employment-rate-jumps-36-in-past-decade-seen-at-64-33-crore-union-minister-of-labour-employment-and-youth-affairs-sports-dr-mansukh-mandaviya Fri, 03 Jan 2025 10:40:05 +0530 Major automakers, including Maruti Suzuki, Hyundai, Tata Motors, and Tesla, plan diverse EV launches in 2025, driven by India’s clean mobility push to tackle pollution and reduce fuel import dependency. https://www.ibef.org/news/2025-may-be-the-year-of-evs-in-india-dominated-by-suv-launches Fri, 03 Jan 2025 10:38:01 +0530 Non-life insurers in India forecast double-digit growth in 2025, driven by health and niche insurance segments, favourable regulations, and GST reforms, despite stagnant general insurance penetration. https://www.ibef.org/news/non-life-insurers-expecting-to-register-double-digit-growth-in-2025 Fri, 03 Jan 2025 10:36:10 +0530 India's GST collections for December 2024 reached Rs. 1.77 trillion (US$ 20.70 billion), marking a 7.3% YoY growth and the tenth consecutive month above Rs. 1.7 trillion (US$ 19.89 billion). https://www.ibef.org/news/gst-collections-hit-rs-1-77-trillion-us-20-70-billion-in-december-2024-up-7-3-government Thu, 02 Jan 2025 09:21:28 +0530 India's agritech sector is transforming agriculture through technology and innovation, creating 60,000-80,000 new job opportunities over the next five years while addressing farming challenges and empowering smallholder farmers. https://www.ibef.org/news/agritech-sector-to-create-60-80k-new-jobs-in-next-five-years-teamlease-cso Thu, 02 Jan 2025 09:19:14 +0530 The Union Cabinet has increased the allocation for the Pradhan Mantri Fasal Bima Yojana to Rs. 69,515 crore (US$ 8.13 billion), aiming to provide crop insurance coverage for farmers, with a focus on technological advancements and subsidies for fertilizers, particularly benefiting farmers in North Eastern states. https://www.ibef.org/news/government-hikes-crop-insurance-scheme-allocation-subsidy-for-dap-fertiliser Thu, 02 Jan 2025 09:17:58 +0530 In 2024, Tier-II and Tier-III towns and rural areas became key drivers of e-commerce growth in India, with platforms like Meesho, Amazon, and Flipkart witnessing significant demand from smaller towns and direct-to-consumer brands benefiting from expanded reach. https://www.ibef.org/news/small-towns-growing-desires-drove-d2c-and-e-commerce-growth-in-2024 Thu, 02 Jan 2025 09:16:50 +0530 In December 2024, UPI transactions hit a record high with a 46% YoY volume growth, driving significant increases in value and daily transaction volumes across various digital payment systems in India. https://www.ibef.org/news/upi-transactions-surged-to-a-record-16-73-billion-in-december-value-at-rs-23-25-trillion-us-271-96-billion Thu, 02 Jan 2025 09:15:26 +0530 The Tobacco Board's strategic initiatives have significantly boosted India's tobacco industry, doubling farmer incomes, driving record exports, and ensuring sustainability through effective crop planning, electronic auctions, and welfare measures. https://www.ibef.org/news/tobacco-board-focuses-on-sustainability-and-growth-of-the-industry-exports-reach-rs-12-005-crore-us-1-40-billion-in-2023-24 Thu, 02 Jan 2025 09:13:32 +0530 In 2024, India achieved remarkable advancements across pharmaceuticals, biotechnology, defense, space, and emerging technologies, solidifying its position as a global leader in innovation and sustainable growth. https://www.ibef.org/news/india-emerges-as-a-global-leader-across-key-sectors-in-2024 Wed, 01 Jan 2025 12:55:26 +0530 India's renewable energy sector surged in 2024, achieving 205 GW of capacity and paving the way for ambitious 2030 targets with a strong focus on solar, wind, and green hydrogen advancements. https://www.ibef.org/news/india-has-a-clean-energy-capacity-of-over-200-gw-investments-to-double-in-2025 Wed, 01 Jan 2025 12:54:01 +0530 India's exports of goods and services are projected to surpass Rs. 69,58,886 crore (US$ 814 billion) in 2024, driven by strong growth in services and a shift toward high-value sectors like machinery and electronics. https://www.ibef.org/news/india-s-goods-and-services-exports-likely-to-cross-rs-68-39-200-crore-us-800-billion-in-2024-gtri Wed, 01 Jan 2025 12:52:08 +0530 India's residential property market saw continued growth in 2024, with a 4% rise in transactions and a 2% increase in value, driven by strong demand, rising property prices, and robust supply trends. https://www.ibef.org/news/2024-realty-deals-hit-5-5-lakh-valued-at-rs-4-trillion-us-46-69-billion-prices-up-60-in-5-yrs Wed, 01 Jan 2025 12:50:28 +0530 India's IT sector is set to thrive in 2025, driven by a 20% rise in new jobs and booming demand for AI and emerging tech roles. https://www.ibef.org/news/emerging-tech-to-drive-india-s-job-market-with-20-growth-in-2025-report Wed, 01 Jan 2025 12:48:18 +0530 India has joined the elite group of nations capable of space docking with the successful launch of the SpaDeX mission, demonstrating its indigenously developed "Bharatiya Docking System." https://www.ibef.org/news/india-achieves-space-docking-with-indigenous-system-union-minister-of-state-independent-charge-for-science-and-technology-dr-jitendra-singh Wed, 01 Jan 2025 12:44:51 +0530