Indian Economy News

September 08, 2025

India's food processing industry projected to reach Rs. 47,13,350 crore (US$ 535 billion) by FY26-end

India’s food processing sector is projected to reach US$ 535 billion by FY26, with the organic food market growing at a 20.13% CAGR to US$ 10.80 billion by 2033.

India's exports to surpass FY25 levels, Goods and Services Tax (GST) reforms to aid growth: Union Minister of Commerce and Industry, Mr. Piyush Goyal

Union Minister of Commerce and Industry, Mr. Piyush Goyal, said India’s exports in FY26 will outpace FY25, supported by GST reforms and new market opportunities. 

Pharmaceutical market grows 8.7% in August; cardiac and anti-diabetic segments lead

India’s pharmaceutical market grew 8.7% YoY in August 2025 to US$ 2.38 billion, driven by strong demand in cardiac, anti-diabetic, and anti-neoplastic therapies.

Germany wants to offer more jobs and study visas to Indians

Germany announced plans to expand opportunities for Indian students and workers, aiming to address 1.4 million job vacancies and attract talent through faster visas and wider language training.

Startups, Venture Capitals push for ecosystem creation for semicon industry growth

At Semicon India 2025, startups and Venture Capital firms urged the government to build an integrated semiconductor ecosystem, stressing collaboration with OEMs, investors, and corporates for global competitiveness.

Goods and Services Tax (GST) rate rejig may ease inflation by up to 75 basis points (bps) in FY26: SBI Research

On September 22, 2025, a new two-rate GST structure of 18% and 5% will take effect, with SBI Research projecting it could ease inflation by 65–75 basis points in FY27.

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