Latest News on the Indian Economy

Electronics to Make Up 50-55% of Car Cost by 2030, Signalling Major Localisation Opportunity: BCG-ACMA

BCG-ACMA report projects electronics will make up 50-55% of a car's cost by 2030, up from 30-35% in 2020. This shift presents a major localisation opportunity for Indian auto component makers across sensors, ECUs and battery management systems.

India Must Build Resilient, Globally Integrated Healthcare Supply Chains: Commerce and Industry Minister Mr. Piyush Goyal at Bharat Health Global Expo 2026

Mr. Piyush Goyal called for resilient, globally integrated healthcare supply chains and greater R&D investment at Bharat Health Global Expo 2026.

Preparations Underway in New Delhi for BRICS Summit 2026

New Delhi is stepping up security and civic preparations ahead of the BRICS Summit 2026 at Bharat Mandapam. Measures include motor carcade rehearsals, strengthened security and citywide beautification works.

GeM and Textiles Committee Sign MoU to Boost Procurement of Recycled and Upcycled Textiles

GeM and the Textiles Committee have signed an MoU to promote recycled and upcycled textile products through public procurement. The initiative aims to build a circular economy ecosystem benefiting women, MSMEs and local recyclers. 

Bharat NCAP 2 to roll out from October 2027, entire vehicle safety chain to be assessed: Union Minister for Road Transport and Highways, Mr. Nitin Gadkari

Bharat NCAP 2.0 is set to expand vehicle safety assessments from occupant protection to crash avoidance, pedestrian safety and post-crash response from October 2027.

NIELIT and Intel India Organized National Leadership Dialogue and Launched Agentic AI Skilling Programs for Preparing India’s Workforce for the Agentic AI Era

NIELIT and Intel India launch Agentic AI skilling programmes to strengthen India’s AI talent pipeline and prepare youth for an AI-driven workforce.