Latest News on the Indian Economy

April 29, 2026

Index of Industrial Production (IIP) recorded a 4.1 % year-on-year growth in March 2026

India’s industrial output maintained steady momentum in March 2026, with IIP growth of 4.1%, led by strong performance in manufacturing, mining, capital goods, and infrastructure segments.

India’s exports cross US$ 860 billion in 2025-26, says Union Minister Mr. Piyush Goyal

India’s exports crossed a record Rs. 81.28 lakh crore (US$ 860 billion) in 2025-26, driven by strong sectoral performance and policy support, positioning the country for sustained global trade expansion.

India-New Zealand FTA to double India’s engineering exports to US$ 280-300 million in five years

India-New Zealand FTA is set to double engineering exports to Rs. 1,890.8-2,836.2 crore (US$ 280-300 million) in five years, driven by zero-duty access and improved market opportunities. 

India will emerge as a major trusted Value Chain and Supply Chain Partner to the world in Electronic Manufacturing

Union Minister for Electronics and Information Technology Mr. Ashwini Vaishnaw highlighted India’s growing potential to emerge as a trusted global value chain and supply chain partner in electronic manufacturing, driven by strong policy support and leadership.

Digital Public Infrastructure 2.0 to Power India’s Growth, Says CEA

DPI 2.0 roadmap aims to transform India’s economy through AI-led, productivity-driven digital systems, strengthening resilience and supporting the vision of a Rs. 2,809.2 lakh crore (US$ 30 trillion) economy by 2047. 

Foundation stone laid for Google Cloud India AI Hub in Visakhapatnam

Foundation of Google Cloud India AI Hub in Visakhapatnam marks a major digital infrastructure boost, with Rs. 1.41 lakh Crore (US$ 15 billion) investment set to transform India’s AI ecosystem.

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