Latest News on the Indian Economy

May 29, 2026

Indian small businesses record strongest growth since COVID in 2025

Indian small businesses recorded their strongest post-pandemic growth in 2025, driven by digital adoption, rising AI investments, strong hiring and positive business sentiment, according to CPA Australia's Asia-Pacific Small Business Survey.

India and Canada reaffirm commitment to US$ 50 billion trade target and early CEPA conclusion

The renewed push for a US$ 50 billion trade target and faster CEPA negotiations reflects growing momentum in India-Canada economic relations, with both countries seeking deeper cooperation across trade, investment and emerging industries.

Africa emerging as key market for Indian sweet biscuit exports

The growing demand for Indian sweet biscuits across Africa highlights the expanding global reach of India’s processed food industry and reinforces the importance of value-added food exports in the country’s trade growth strategy.

India emerges as second-largest data centre market in Asia Pacific

India’s emergence as the second-largest data centre market in Asia Pacific highlights the rapid growth of its digital infrastructure ecosystem, creating new opportunities in cloud computing, artificial intelligence and technology-led investments.

Banking sector expected to play critical role in India’s long-term growth

A robust banking ecosystem, supported by digital innovation and deeper financial inclusion, is expected to play a central role in financing India’s long-term development goals and economic transformation.

India set to launch first indigenous hydrogen-powered train

The launch of India’s first indigenous hydrogen-powered train marks a significant advancement in green transportation, supporting clean energy adoption, technological innovation and the country’s long-term sustainability goals.

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