Indian Economy News

February 24, 2026

Union Minister of Commerce and Industry Mr. Piyush Goyal calls Prime Minister Mr. Narendra Modi’s ‘Zero Defect, Zero Effect’ vision core to manufacturing push; says quality key to US$ 30–35 trillion economy by 2047

Mr. Piyush Goyal, Minister for Commerce & Industry emphasised that quality-driven manufacturing under the ‘Zero Defect, Zero Effect’ vision will be key to achieving a US$ 30-35 trillion economy and boosting exports.

Prime Minister Mr. Narendra Modi lauded the India AI Impact Summit held in New Delhi

Prime Minister Mr. Narendra Modi praised the India AI Impact Summit in New Delhi, where global stakeholders adopted the New Delhi declaration, reinforcing India’s growing leadership in ethical and collaborative AI innovation.

India-Israel trade ties: India ranks as Israel’s second-largest Asian trading partner in merchandise

India and Israel are strengthening trade and investment ties, with growing collaboration in technology-driven sectors and renewed momentum toward a Free Trade Agreement.

India–Africa ties enter a new phase of strategic collaboration amid the changing global order

India and Africa are advancing a strategic partnership focused on trade expansion, technology collaboration, and climate action, with ambitions to reshape global economic engagement and boost bilateral trade to US$ 200 billion by 2030.

Government is making efforts to position India as a preferred global destination for medical value travel

India is positioning itself as a leading global destination for medical value travel through advanced healthcare infrastructure, skilled professionals and growing digital health innovation.

Maharashtra preferred FDI hub, policy push aimed at a US$5 trillion economy by 2047

Maharashtra is strengthening its position as a top FDI destination, with policy reforms and a Vision Management Unit guiding the state’s roadmap towards a US$ 5 trillion economy by 2047.

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