Latest News on the Indian Economy

April 21, 2026

India's direct-to-consumer (D2C) growth is powered by Tier 2, 3 cities, with 66% new orders in FY26

Tier 2 and 3 cities are powering India’s D2C boom, contributing 66% of new orders in FY26 and driving rapid growth in volumes and GMV.

Prime Minister Mr. Narendra Modi, President of South Korea Mr. Lee Jae Myung set a US$ 50 billion trade target, announced India-South Korea's ‘futuristic partnership’

India and South Korea have set a Rs. 4.65 lakh crore (US$ 50 billion) trade target by 2030, launching new institutional frameworks and initiatives to strengthen economic cooperation and build a futuristic bilateral partnership.

India's power transmission sector to see US$ 96.70 billion capex push by 2032

India’s power transmission sector is poised for long-term growth with a planned investment of Rs. 9 trillion (US$ 96.70 billion) by 2032, driven by renewable integration, global demand, and infrastructure expansion. 

Food Business Startup Enabler Programme 2.0

The Food Business Startup Enabler Programme 2.0 by MoFPI equipped aspiring entrepreneurs with technical, managerial and regulatory knowledge to build scalable ventures in India’s food processing sector.

MSME Ministry trains over 2,500 artisans in AI under PM Vishwakarma Scheme

The MSME Ministry has trained over 2,500 artisans in AI tools under the PM Vishwakarma Scheme, enabling traditional craftspeople to enhance productivity, expand market access, and integrate digital technologies into their businesses.

SAEL begins operation of 600-MW solar power plant in Andhra Pradesh

SAEL Industries has operationalised a 600 MW solar power plant in Andhra Pradesh, boosting clean energy supply and supporting India’s renewable energy transition with significant emission reductions.

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