Indian Economy News

April 01, 2026

Over 7.83 crore enterprises registered on Udyam platforms, indicating strong MSME formalisation growth

India’s MSME formalisation momentum remains strong, with Udyam registrations crossing 7.83 crore and new Budget 2026-27 measures set to improve digital credit access and receivables financing.

Prime Minister Mr. Narendra Modi highlights semiconductor momentum at Kaynes Semicon inauguration in Sanand

Prime Minister Mr. Narendra Modi highlighted the rapid expansion of India’s semiconductor ecosystem at the inauguration of the Kaynes Semicon plant in Sanand, reinforcing the vision of Make in India and future-ready technology leadership.

Digital push deepens in rural India as eGramSwaraj records US$ 32.45 billion in online payments

India’s rural digital governance push has deepened with eGramSwaraj recording over Rs. 3 lakh crore (US$ 32.45 billion) in cumulative online payments, while the AI-powered SabhaSaar platform has expanded to 23 Indian languages.

Entrepreneurship and Skill Development Programme (ESDP) benefits more than 18 Lakh participants in 5 years

The ESDP has trained over 18 lakh participants in five years, with rising budgetary support reinforcing entrepreneurship-led job creation and MSME capacity building across India.

Govt clears 29 investment proposals worth US$ 0.77 billion under Electronics Component Manufacturing Scheme

The fourth tranche of ECMS approvals is expected to accelerate domestic electronics component manufacturing through fresh investment, job creation, and stronger supply chain resilience.

JSW Steel says Japan's JFE invests US$ 0.85 billion in JSW Kalinga, picks up 25% stake

JFE’s first-tranche investment in JSW Kalinga strengthens India–Japan industrial cooperation, supporting steel capacity expansion, technology transfer, and long-term value-added manufacturing growth.

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